A construction materials facility by Saint-Gobain is under development in the Ivano-Frankivsk region

Saint-Gobain Construction Products Ukraine is investing €9M to build a new facility in the Ivano-Frankivsk region, with an expected annual production capacity of 60,000 tons, according to Kyrylo Pesenkov, the company's general director.

The aim is to achieve this production target by the close of 2024. The initial phase of the plant will provide employment for approximately 30 individuals.

Ownership of Saint-Gobain Building Products Ukraine is held by the French entity, Saint-Gobain Isover. The company's financial data from 2022 showed a revenue of ₴279M and a net profit of ₴18.5M.

With a presence across Europe, Saint-Gobain stands as one of the premier building material producers. The conglomerate functions across three primary sectors: innovative materials, construction products, and building materials distribution.

Source: Ukraine Business News
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