Project Title: Construction and Organization of a Flax Production Plant
Location: Zhytomyr Region, Baranivka
Project Initiator: LLC “Lyonagropro” and Baranivka City Community
Project Overview: The project involves the creation of a modern multifunctional vertically integrated agro-industrial complex.
Investment Form: Full investment, co-financing
Investment Amount: €15.8 million
Payback Period: 3.8 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. Flax Production 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 additional information, please contact the Zhytomyr Regional Development Agency at its registered office: 10003, Ukraine, Zhytomyr, S.P. Korolyova Square, 1, office 401
or by phone +38 098 579 32 39, +38 093 43 79 613.