Foreign investor acquired in the Sumy region railroad repair plant and raised capital for renovation works

Company “Industrial Group Beta” announced the acquisition of railroad cars repair plant in Konotop. For at least six month, the head of the holding “Prince Turki Group” Mohammad Salim Alotti led the negotiations for the purchase. Foreign investment, raised by the company, opened more than 4,000 workplaces, construction companies hired for the overhaul of buildings. The total area of the factory is more than 18.5 thous. sq.m, and the total area of all buildings is more than 80, 000 sq.m. “Beta Industrial Group” is establishing production of specialized railroad cars for grain transportation, repair of wheel pairs.

Future plans include the installation of casting furnaces and foundry opening. Also holding will open scrap metal dealer house.

Sadko Consulting highly appreciate that  Ukraine’s investment climate is becoming more clear. Our company also aims to increase the flow of investments into Ukraine and provide high-quality consulting services to foreign companies.