Since the beginning of the war, the BGV Group has invested almost ₴3B in Ukraine.

Wednesday, February 28, 2024
Since the beginning of the war, the BGV Group has invested almost ₴3B in Ukraine.

Since February 24, 2022, BGV Group Management has invested almost ₴3B ($77M) in new projects and enterprises, as well as social and educational initiatives. The company’s main directions for investment are educational projects, charitable and humanitarian activities, and the development, extraction, processing, and development of sports infrastructure.

In particular, the company invested in a crushed stone plant in the Zhytomyr region with a capacity of 1.5 million tons, and a completely new technology park, complete with railway infrastructure. Estimated investments in exploration and the enterprise’s start-up reached almost ₴850M.

In 2023, BGV started work on a project to construct a new stadium and residential project in Zhytomyr. The company aims to develop sports and recreational infrastructure in the region with its funds. In the future, the company also plans to continue growing its graphite and beryllium mining areas.

 

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