Project Title: Construction and Organization of a Flax Production Plant
Location: Zhytomyr Region, Korosten District
Project Initiator: Agrarian Company “Zorya”
Project Overview: The main goal of the investment project is to create a modern, high-tech production facility that meets global standards for the manufacture of import-substituting products made from flax fiber.
Investment Form: Full investment, co-financing
Investment Amount: €10.9 million
Payback Period: 3.5 years
Flax is an exceptional crop known for its versatility, sustainability and high value for money. Flax fiber is strong, lightweight and environmentally friendly, making it ideal for textiles, composites and industrial materials. It requires minimal water and pesticides, supporting sustainable farming practices. Seeds, rich in nutrients, are a health-promoting superfood. With the growing demand for natural, biodegradable products, it offers huge potential in global markets.
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For more information, please contact the Department of Agricultural Development and Economic Policy of the Zhytomyr Regional State Administration: 25 Mala Berdychivska St., office. 204, or by phone: 0412 (47-44-92, 47-46-32).