Unilever shows long-term commitment to Ukraine with €20m investment

Unilever shows long-term commitment to Ukraine with €20m investment

(IN BRIEF) Unilever has announced plans to invest €20m in a new personal care product manufacturing facility in the Kyiv region of Ukraine. The factory is set to open in 2024 and will create around 100 jobs, primarily manufacturing personal care items for local distribution, but with future potential for European export. Unilever aims to build the new facility to the highest environmental standards, using renewable energy technologies in line with its net zero emissions target by 2039.

(PRESS RELEASE) LONDON, 16-Mar-2023 — /EuropaWire/ — Unilever (LON: ULVR), multinational consumer goods conglomerate, announced today that it will be investing €20 million in a new production facility in the Kyiv region of Ukraine. The investment will support the company’s growing business and demonstrate its long-term commitment to the country. The facility is expected to open in 2024 and will create around 100 jobs in the region. It will primarily produce personal care products such as shampoos and shower gels for well-known brands like Dove, Axe, TRESemmé and Clear, supplying the local Ukrainian market with the future potential to export to European markets.

Unilever’s new production facility will be built to the highest environmental standards, using renewable energy technologies and contributing to Unilever’s target of net zero emissions across its value chain by 2039. Vasyl Bovdilov, General Manager of Unilever Ukraine, said, “This investment shows our long-term commitment to the country and its people, including our employees, customers and partners. It is also a fitting way to mark the 30th anniversary of our business in Ukraine, which we will celebrate later this year.”

“Our new manufacturing facility will create new jobs, increase our production capacity, and above all serve the needs of Ukrainian consumers with high quality, sustainable products.”

Since the outbreak of the war in Ukraine, Unilever has focused on ensuring the security and wellbeing of its Ukrainian employees and their families. The company has also donated more than €15 million of support and essential Unilever products to the humanitarian relief effort, working closely with United Nations agencies and local NGOs to provide help where it is needed most.

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SOURCE: Unilever