Kronospan UA LLC (Novovolynsk, Volyn region), part of the Kronospan Group, has launched a new OSB production facility in Novovolynsk, and is starting a new project – the construction of another chipboard plant in the Rivne region, investments in which will amount to about EUR 200 million, the CEO of Kronospan Ukraine, Natalia Pokinskaya said.

In July 2019, the EBRD announced the organization of a syndicated loan in the amount of EUR 116 million for the construction of a new Kronospan plant in Novovolynsk and in Gorodok (Rivne region), where the company plans to build a plant on the site of the closed Rivne Tractor Unit Plant, which will employ 2,000 people.

In 2004, Kronospan, with the support of the European Bank for Reconstruction and Development, built its first Ukrainian plant for the production of particleboard in Novolynsk, Volyn region.

Kronospan has more than 40 manufacturing plants in 30 countries worldwide – in Europe, Asia and the USA, in particular in Poland, Belarus, Turkey, Bulgaria, the United Kingdom, Luxembourg, Croatia, the USA, the Czech Republic, Latvia, China, Ukraine, etc.

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