German construction materials company Fixit receives investment insurance from German govt for building second plant in Ukraine – Shmyhal

KYIV. Oct 24 (Interfax-Ukraine) – Prime Minister of Ukraine Denys Shmyhal says that the German construction materials manufacturer Fixit has received investment insurance from the German government for the construction of a second plant in Ukraine.

“We want German business to invest in Ukraine, invest in restoration, and within the framework of the forum we sign important documents… The construction materials manufacturer Fixit will build a second plant in Ukraine and will receive investment insurance for this from the German government, which will be signed here on the sidelines of the business conference,” Shmyhal said at a press conference at the sixth German-Ukrainian Economic Forum in Berlin on Tuesday.

According to the prime minister, Fixit will also receive a loan from the German bank KfW for EUR 12 million.

“This is a very important and significant project,” he emphasized.

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