Skip to content

URN Exclusive: Kingspan to build 7 factories in western Ukraine, with first products out in 2026

Artist's projection of completed Kingspan manufacturing campus in Ukraine. (Image by Kingspan)

Kinsgpan, the multinational building materials manufacturer, aims to build up to seven factories in a single manufacturing campus in western Ukraine in the next two years and roll out its first Made-in-Ukraine products by 2026 for both the local market and export, a company official told Ukraine Rebuild Newswire.

The company plans to kick off local manufacturing with its flagship insulated panels and the products from its Logstor products for energy-efficient district heating, an essential component in decarbonising the energy system, said Mike Stenson, who's managing the project for Kingspan. All other Kingspan products will be made there soon after.

Kingspan caught the investing world's attention by announcing plans for a €280 million direct investment in Ukraine just months after the full-scale Russian invasion of February 2022. Little detail was publicly known of the plans, however, until now.

This post is for subscribers only

Subscribe

Already have an account? Sign In

Latest

99 stock-buying ideas to invest in the reconstruction of Ukraine

99 stock-buying ideas to invest in the reconstruction of Ukraine

Dear reader, As building materials manufacturers, mining companies, airlines, venture capitalists, investment bankers and others take note of the possibility of an end to the war and the start of the historic reconstruction, so too does the global stock-investing community. Ukraine Rebuild Newswire recently asked Swen Lorenz, the face of

Members Public
Exclusive: Ukraine's FortuneGuard in talks to raise $50 million to expand AI-based war-risk insurance solution

Exclusive: Ukraine's FortuneGuard in talks to raise $50 million to expand AI-based war-risk insurance solution

FortuneGuard, a Ukrainian InsureTech startup that has developed an AI-powered war risk insurance solution for Ukraine, is now in talks to raise capital and take the model to new markets and product lines. The solution, launched in partnership with UK reinsurance broker McGill and Partners and ARX Insurance, a Ukrainian

Members Public