Project developed with institutional support under the Just Transition framework

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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.

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Scripts

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.

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War risk: location and insurablity

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
Who this park is for

Is this the right location for your project?

Nearshoring production for EU-bound sales

A strong fit for European manufacturers looking to place a new production line close to EU customers while operating from a lower-cost location near the EU border. Best suited for projects where proximity to Poland and Central Europe matters as much as cost efficiency.

A second site or satellite production base

A practical option for companies expanding capacity beyond higher-cost EU locations or establishing a second manufacturing site alongside existing EU operations. Especially relevant for Build-to-Suit projects that require layout flexibility rather than ready-made premises.

Manufacturing linked to Ukrainian and regional demand

A relevant location for producers of construction materials, industrial components, packaging, food processing, metal products, furniture, or other sectors serving both Ukraine and neighbouring EU markets. The park is designed for active manufacturing operations rather than passive land holding.

Find Your Space
Location & logistics

35 km to the EU border and direct rail access — what this means for logistics

Map of Chervonohrad Industrial Park location with border crossings and railway connections

Chervonohrad Industrial Park, Silets village area, Sheptytskyi District, Lviv Region, Ukraine

Uhryniv–Dołhobyczów border crossing (UA–PL)

~35 км

Rava-Ruska–Hrebenne border crossing (UA–PL)

~60 км

Railway station

Railway

Uhryniv–Dołhobyczów border crossing (UA–PL)

~35 km

(~40 min)

Lviv rail hub

~70 km

(~1 hour)

Warsaw

~400 km

(~5 hours)

Kraków

~370 km

(~4 hours)

The park plots are designed with direct access to Road P15 (Kovel–Zhovkva), providing a practical outbound route for truck logistics. A rail branch runs along the park boundary, creating an additional advantage for manufacturers that rely on freight rail.

Financial effect of resident status

How much capital can remain
in your business as a resident company in the park

Manufacturing business with annual profit of €500,000

*Indicative example for illustration only

Standard Ukrainian regime
As an industrial park resident
Corporate income tax over 10 years
€900,000
€0
Import VAT and customs duty on production equipment
20% VAT + import duty
0%
Access to a 1 ha industrial plot
100% of land acquisition cost
15–23% of land value over a 30-year lease term

Up to €900,000

can remain in the business over 10 years*

* Based on the corporate tax line only · subject to reinvestment of the tax-exempt amount within the park

Get a Financial Estimate

The 30-year lease equivalent is shown as the net present value (NPV) of annual lease payments using a 5–9% discount rate. Tax incentives are presented in accordance with Ukrainian industrial park legislation.