Metinvest, OKKO, Terwin, and Vodafone plan to invest $300-600M each to develop their businesses in Ukraine during 2024-2025.
OKKO says that they have been working on developments in the biofuel sector for the past two years. The company plans to produce biodiesel and bioethanol at its factories. The company’s battery storage project, a 150 MW wind energy facility, is being launched this year. In total, $500M in investment is planned for 2024-2025.
Terwin Corporation (EVA and Varus) intends to invest only about ₴10B to develop its existing business and construct a logistics hub in the next two years. In the next five years, the company’s value should reach $1B; it will have one million square meters of warehouses in the country, which will require a $700M investment.
The key priorities for Metinvest’s investments: salary increases, a $670M investment to improve equipment and workplaces, and support for Ukraine’s Armed Forces.
Vodafone Ukraine has planned ₴10B in investments during 2024-2025. A significant percentage will go to introducing artificial intelligence, digitalization, and automation.