Today, a Special Investment Agreement was signed between the Government of Ukraine and Feednova Center LLC.
The company is implementing an investment project to reconstruct non-residential buildings on a land plot of 10.1 hectares in the Zvenyhorod district of the Cherkasy region. Upon completion, the site will become a modern production complex for the processing of animal by-products into high-protein feed ingredients and animal fats.
The total investment in the project will exceed EUR 20 million, with the first phase amounting to UAH 649.7 million (EUR 14.4 million).
The state support package totals UAH 172 million and includes:
The project will create over 80 new jobs in the region.
“The implementation of such investment projects demonstrates how a combination of state support tools, responsible private capital, and strategic vision is building a new industrial foundation for Ukraine. Even in wartime conditions, investors are choosing our country as a space for developing high-tech production and see long-term economic potential. These projects not only create jobs and tax returns but also accelerate the shift from a raw-material-based economy to one of deep processing and innovation — a key to Ukraine’s sustainable recovery and competitiveness, said Oleksii Soboliev, Minister of Economy, Environment, and Agriculture of Ukraine.
Olha Batova, CEO of the investment company EFI Group, which, together with partners, is implementing the Feednova Center project, emphasized the strategic importance of public-private cooperation:
“The signing of this agreement is an example of how consistent state policy can create conditions for the development of modern industry even during wartime. We already have experience in successfully implementing large-scale industrial projects and are confident that this cooperation will inspire both Ukrainian businesses and international partners to invest in the country today. We see this partnership as part of a broader strategy — building an industrial nation capable of competing globally.”
The new facility will become a powerful driver of regional growth, enhancing environmental safety and strengthening the agricultural sector of the Cherkasy region.
Our plant will set a new benchmark for the rendering industry. The introduction of European quality standards at every stage will help replace outdated practices in handling animal by-products. Through modern technological approaches, we will ensure environmental safety and deliver tangible economic benefits to the region, said Samvel Ramazyan, Director of Feednova Center LLC.
In October, the foundation stone ceremony of the Feednova Center plant took place in the Cherkasy region, a symbolic event marking the start of the investment project’s implementation.
EFI Group is also preparing to submit an application for the signing of a second Special Investment Agreement (SIA) for another strategically important project that will contribute to Ukraine’s recovery.
The State Support Program for Large Investment Projects is part of the “Made in Ukraine” policy, which aims to create conditions that make it profitable to manufacture, invest, and develop the processing industry in Ukraine.
For more details, see the guide: “Guide: State Support for Large Investment Projects in Ukraine.”
Feednova Center is a modern production facility specializing in high-protein feed ingredients and animal fats for agricultural and domestic animal nutrition. The company is an investment project by EFI Group, developed in partnership with the investment company UMGI and Dutch partners.
The plant will provide collection, transportation, and processing services for animal by-products.
Its core priorities are innovative technologies, strict compliance with international quality standards, and transparent business practices. More than 80% of the finished products will be exported to EU and Asian markets.