Kronospan expands operations with a new OSB facility in Ukraine

Posted on December 4, 2024   |  

Kronospan opened a new OSB production line in Ukraine's Rivne region with a €200 million investment.

The facility will export 60% of its OSB output to the EU and US.

Kronospan is developing an industrial park to build a furniture cluster around its wood panel plant.

The company invested €47 million in infrastructure for the industrial park.

Despite the war, Kronospan continued investing, spending €34 million on the project.