Roshen Corporation this year will invest UAH 90 million in creating public space in the territory of the Kyiv confectionery factory Roshen located in the center of the capital, the company's press service has told Interfax-Ukraine.

"Roshen Plaza is the conditional name of the reconstruction and improvement of the territory of the Kyiv confectionery factory Roshen. The factory does not cease existing, but its capacities are reduced," the corporation said.

In particular, Roshen noted that the Kyivsky Tort cake will continue to be produced at the Kyiv confectionery factory.

"Part of production premises will remain in the territory of the factory, while the company's office, as well as public facilities will be located in one of the buildings," the corporation said.

According to the report, in late spring a demonstration center with a chocolate production line will be opened in the territory of the factory, where one can see the details and peculiarities of making sweets, and by the end of the year the first stage of the area improvement will be completed and a free seasonal ice rink with an area of more than 2,000 square meters will open.

The second stage of the project will be completed in 2019. It provides for the establishment of a dynamic fountain and the creation of a technical complex for video projection and a light musical show, Roshen said.

The corporation noted the concept of public space is in the process of finalization, and reconstruction work is expected to be completed by 2020.