FRIDAY, JULY 3, 2026|No. 5648
Business · Ukraine · Manufacturing

Pozhmashyna Secures UAH 500 Million Loan at 5% for New Lviv Plant

Ukrainian fire-fighting equipment manufacturer Pozhmashyna has obtained a UAH 500 million loan from PUMB at a 5% interest rate to build a new plant in Lviv.

Pozhmashyna owner Oleh Averianov announced the loan at an industrial forum, emphasizing the company's commitment to domestic production.
Pozhmashyna owner Oleh Averianov announced the loan at an industrial forum, emphasizing the company's commitment to domestic production.
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As reported by Ukrainian Wall, the industrial company "Pozhmashyna" received an investment loan of UAH 500 million from the First Ukrainian International Bank (PUMB) to build a new plant in the "Formatsia" industrial park in Lviv. The company's owner, Oleh Averianov, announced this during the forum "Industrial Evolution: Production Drives the Economy" at the "Bila Tserkva" industrial park.

The loan was issued for a term of five years at 5% per annum in hryvnia. "You won't find such conditions anywhere in Ukraine," Averianov emphasized. The total investment in the project amounts to $20 million — $5 million more than planned at the start of construction in 2025.

What the new plant will produce

"Pozhmashyna" is one of Ukraine's leading manufacturers of fire-fighting, emergency rescue, and specialized equipment. The company has repeatedly supplied special equipment to the State Emergency Service of Ukraine. According to the owner, currently 70 to 80% of the special vehicles that save lives in enemy attack areas are produced by Pozhmashyna.

After the start of the full-scale Russian invasion, Averianov decided to partially move production from Pryluky to the Lviv region — first to rented facilities, and later began construction of his own plant in the "Formatsia" industrial park. The estimated completion time for construction is two years from the start of work.

Why not Poland

During the forum, Averianov explained why he decided to invest in Ukraine, even though Poland is only 100 kilometers from Lviv with significantly better conditions for investment. "I believe in my country and want my children to live and work in Ukraine," he said.

At the same time, the company is not export-oriented. "Ukraine is a sufficiently interesting, serious, and powerful market that we should not and will not give up. Because no one is waiting for us in Europe," emphasized the owner of Pozhmashyna. Nevertheless, the company already has a representative office in Poland, through which it sells its products to Romania and Bulgaria.

Financial indicators

According to YouControl, in 2025 Pozhmashyna received UAH 264 million in net profit — 29% less than in the previous year. Net income, meanwhile, grew slightly to UAH 1.89 billion. PUMB, in turn, ranks fifth among 60 Ukrainian banks with net assets of UAH 231.03 billion as of January 1, 2026.

PAN's pipeline reviewed approximately 1 open sources for this article. No human editor reviewed this article before publication.

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