ONUR Group invests over US$70m in Ukraine

Ukraine: Türkiye-based ONUR Group says that it has invested over US$70m in Ukraine since its invasion by Russia on 24 February 2022. Ukraine Business News has reported that the company’s upcoming US$15m, 30,000t/yr ACTU dry building mixes plant is scheduled to commence operations in June 2025. The group also invested a further US$20m in the installation of a new line at its Shchyrets reinforced concrete elements plant. It invested US$4m in the construction of its EFE ready-mix and reinforced concrete elements plants, commissioned in October 2024, and another US$4m in its Shchyrets and Zhydachiv ready-mix concrete plants. Further investments went into the group’s planed and peeled veneer and lumber subsidiary Wood Industries.