The Turkish holding company Onur Group, which has been operating in the Ukrainian market for over two decades, has announced its intention to invest $650 million by 2030 in the expansion and development of its assets in Ukraine.
This is reported by Business • Media
Development Strategy in the Green Energy Sector
One of the main areas of investment will be the scaling of the company’s activities in the “green” energy sector. Onur Group plans to increase its energy portfolio to 690 MW, for which approximately $450 million is earmarked for investment. This move will strengthen the group’s position in the Ukrainian energy market and contribute to the development of renewable energy sources in the country.
Business Diversification and New Projects
In addition to the energy sector, around $200 million will be directed towards other business areas. In particular, the holding plans to construct a modern hotel and residential complex in Lviv, as well as expand operations in the field of natural resource extraction. The company is already implementing projects for the development of kaolin, gold, and graphite deposits, emphasizing its interest in the development of the Ukrainian mining industry.
Since the beginning of its operations in Ukraine, Onur Group has already invested approximately $570 million. Despite the challenging situation in the country, the holding emphasizes its readiness to actively participate in the recovery of the economy and the strengthening of Ukraine’s infrastructure.
“Despite the war, the group views Ukraine as one of the key markets in its global portfolio.”