Radiy Industrial Park will create up to 1500 new jobs

RPC Radiy initiated, developed the concept and has started implementing the Project of Industrial Park in Kropyvnytskyi.
The first stage - the concept approval – was successfully completed by the executive committee of the city council. As the Project idea was unanimously supported by the city authorities, it was included into the Plan of social and cultural development of Kropyvnytskyi for 2022-2023.
Radiy Industrial Park is going to be an advanced technical capacity for eco-production based on resource-efficient economy. The Park will embrace the accessible territory of specialized processing and production facilities. It will become a full-fledged engineering and transport infrastructure with favorable conditions to attract investments and develop regional export potential.
The overall territory of Industrial Park is going to cover 16 hectares of RPC Radiy. Once launched, the Project will be joined by 10-12 companies which are supposed to create up to 1500 new jobs:
-instrument manufacturing enterprises – 450 jobs
-electro mechanical drives enterprises – 400 jobs
-hydro mechanic drives enterprises – 400 jobs
-assembly lines – 200jobs
-park management – 15 jobs.
Notably, the idea of Industrial Park in the war conditions will become an excellent opportunity for relocated companies to restore their business, using migrant and local resources and add up to the country’s budget.