NEQSOL Holding, the new owner of the “United Mining and Chemical Company” (OGHK), has announced its intention to allocate over 400 million UAH for the modernization of the company’s production facilities and the expansion of raw material processing capabilities. In addition, the holding plans to strengthen its resource base both in Ukraine and abroad.
This is reported by Business • Media
Investment Plans and Growth Strategy
As noted by the director of NEQSOL Holding Ukraine, Volodymyr Lavrenchuk, the company has already signed an agreement with the international company Micon International for the exploration of new resources. According to him, the management of OGHK is preparing a strategic vision for further investments, focusing on the development of existing assets and the acquisition of new ones both domestically and internationally.
“Our goal is not only to develop what we have but also to increase our resource base both in Ukraine and abroad. We have signed an agreement for resource base exploration with the international company Micon International. The management’s task will be to prepare a strategic vision for investments,” he said.
Focus on Deep Processing and Expansion into Global Markets
NEQSOL Holding will concentrate its investments on the deep processing of titanium raw materials, which will allow OGHK to supply products with higher added value to international markets — primarily to European Union countries and the USA. Moreover, the investment of over 400 million UAH is a mandatory condition of the agreement for the acquisition of OGHK.
It is worth noting that NEQSOL Holding acquired OGHK in 2024, paying over 3.93 billion UAH for the company. The international holding sees prospects for the development of the industry and plans to elevate the competitiveness of products from Ukrainian enterprises to a new level.