Etalon Corporation to begin construction of new production facility in 2025
Next year, Etalon Corporation will begin construction of a new production facility with an area of 7,000 square meters – a new painting complex, and will also expand the area of the assembly and body shops of Chernihiv Automotive Plant, said the corporation’s president, Volodymyr Butko.
"We are currently designing another production facility to replace the one that was bombed by missiles. The project is almost ready, and we will soon sign a contract with the contractor for construction. This is a project for the production of large 12-meter buses, trolleybuses, and trams. The size of the paint booth is 18 meters, because the tram body is 16 meters long," he said during a press conference at the Interfax-Ukraine agency on Thursday.
Next year, it is also planned to reconstruct production lines with a separate line for trolleybuses.
According to him, the corporation has managed to restore its pre-war production potential by 70% at Chernihiv Automotive Plant (ChAZ), by 25-30% at the Ukrainian Cardan plant, and by 50-60% at the forge plant.
"I am talking about both the amount of production and the income received in hryvnia," Butko clarified.
As reported, in Chernihiv, as a result of active military actions and shelling of the city in February-March 2022, some 50-70% of the corporation's plants were destroyed due to direct hits on the territory, the damage was estimated at EUR 30 million.
Butko did not specify the total cost of building the new production facility to the Interfax-Ukraine agency, noting that it has not yet been finally calculated, but added that metal structures worth UAH 40 million have already been purchased.
ChAZ Director Serhiy Borodukha clarified to the agency that the construction is approximately designed for two years, the corporation plans to invest its own working capital in the project.
Etalon Corporation includes 12 enterprises, including Chernihiv Automotive Plant, which produces buses of various classes and trolleybuses. The main areas are the production of motor vehicles, mechanical engineering, and warehouse logistics.
