Project developed with institutional support under the Just Transition framework

Industrial Park Chervonohrad — aerial view of the greenfield site

GREENFIELD · Sheptytskyi · Lviv Region · Ukraine

35 km

from the Polish border

€115/ha

Land lease per month

0%

Corporate tax for 10 years

12–18 mon

from application to launch

Build your next production site at the EU border – with lower entry costs than comparable EU locations

A greenfield industrial park location in Western Ukraine for European manufacturers seeking lower entry costs, competitive operating economics, and a Build-to-Suit solution close to EU markets.

Get the Investment Brief

For many manufacturers, expansion within the EU means higher site costs and longer project timelines. Chervonohrad Industrial Park offers a nearshoring alternative at the EU border.

Parameter
Typical conditions
Park terms
25-year site use cost
€42–48/m² over 25 years*
€3.45/m² over 25 years (equivalent to €115/ha/month)
Time to operations
4–8 years**
12–18 months*
Corporate income tax
(nominal)
16–24% in key CEE manufacturing jurisdictions***
0% for 10 years**
Import tax burden on new
equipment
-
0% import VAT and customs duty on eligible new equipment for
own use
EU-border proximity
-
35 km from the Polish border

* Official comparator: ADLO tender terms for greenfield parcels in Oradea Industrial Park (Romania).

** Indicative full-cycle benchmark for new manufacturing project delivery in Europe.

*** Indicative benchmark: Romania 16%, Poland 19%, Czechia 21%, Slovakia 21–24%; EU average: 21.81%.

* From industrial park resident status to start of operations, including design, regulatory approvals, construction, commissioning, and utility connections.

** Subject to reinvestment of the tax-exempt amount into the development of operations within the industrial park.

Request Site Terms

War risk is part of the decision. Here is how it is addressed in practice.

For an industrial investor, the key question is whether location risk can be contained and whether practical risk-mitigation tools already exist. In western Ukraine, both conditions are already in place.

Western Ukraine should be assessed separately from frontline geographies

Lviv region is classified within Ukraine’s Green Zone for investment planning according to the Investment Map of Ukraine (supported by EBA and UkraineInvest). This classification is based on the official War Risks in Ukraine Data Platform, developed with the support of global risk advisor Marsh McLennan.

For investors, this means western Ukraine can be assessed separately from frontline geographies and is highly attractive for business expansion under standard risk management protocols.

War-risk insurance mechanisms for industrial investment in Ukraine already exist

Ukraine already has working war-risk insurance pathways involving MIGA, DFC, global reinsurers, and the Ukrainian ECA. These mechanisms help eligible investment projects reduce exposure to war-related risks and make project structuring more feasible.

Speak to Our Experts