In the Kiev region to build a plant for the production of automotive electronics

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In the Kiev region to build a plant for the production of automotive electronics

In Boryspil district of Kyiv region began construction of the future plant for the production of mechatronic products LLC “Coastal Ukraine”. About it reports a press-service of the KOGA, transmitting COMMENTS.

It is clarified that the company “Kostal” is investing in the development of its own production in Kiev region for nearly 40 million euros and will create 900 new jobs.

“Attracting investment is an important driving factor in the development of the region’s economy. That is why the Kiev regional power, as the leadership of the state supported initiatives to create new businesses and creates the most favorable conditions for business”, will emphasize the President KOGA Vasiliy Volodin.

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In April 2021 already is expected to start operation of high-tech production at the new company “Kostal” in Boryspil district.

“This company is a good example of the extent of competitiveness of Ukraine in the world arena. With regard to the Ukrainian Parliament, we will do everything in our power to provide the perfect environment for new investment in our country”, – said the Chairman of the Ukrainian Parliament Dmytro Razumkov.

We will remind, the company “Kostal Ukraine” is a subsidiary of the German company LEOPOLD KOSTAL GmbH & Co. The KOSTAL group consists of 31 companies in 17 countries. The company was founded by Leopold Costal in l├╝denscheid in 1912. It’s right before the war with a workforce of eight people began producing connectors and switches.

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