Polish packaging provider, Can-Pack, has confirmed the opening of an aluminium can factory in Ukraine. The opening is in line with the company's intentions to expand into the Eastern European market.
According to Can-pack, the facility is a modern aluminium beverage can factory and is situated in Vyzgorod near Kiev, Ukraine.
The investment is being implemented by the Can-Pack Ukraine company, which was first established in 2002. The first stage of the project is said to have cost around $35 million (€30m).
Initially, one manufacturing line will be put into production, with a capacity of 650 million cans a year. It is scheduled to go into operation this summer. The company said that the factory will employ about 150 people who are currently undergo training in Poland.
The company added that the eventual target capacity of the factory will be 2 billion cans a year, by which time the workforce is estimated to have increased to around 250. Additional investments of approximately €35 million are planned to make this possible.
The factory aims to be one of the most modern facilities for the manufacturing of aluminium beverage cans worldwide. State-of-the-art machinery and equipment has been imported from the United States, European Union and Poland to create Can-Pack's third beverage can factory in Europe.
Can-Pack says that its Vyzgorod project is, to date, the largest Polish investment in Ukraine.
The factory will supply Can-Pack clients in Ukraine, in the Balkans and in the Commonwealth of Independent States.