Korosten Industrial Park

Name of the industrial park: Korosten Industrial Park
Location placement: Korosten, Serhiia Kemskoho str., 11d
Initiator: Korosten City Council
Area: 42.2 ha.
Participation form: Business activity in the territory of the park as a resident
Economic orientation: Mechanical engineering, woodworking light industry, logistics.
Logistical advantages: A road with a modern surface is adjacent to the IP territory. The distance to the access railway track is 150 m.
Implementation stage: The park is functioning, there are 2 participants.
Contact information: Yurii Akulenko, representative of management companyE-mail: mc.kip@jarval.com.uaTel.: +380672233786

The Korosten Industrial Park, located in Zhytomyr Oblast, has been a significant investment project, with over €300 million invested in its development. It currently houses four operational enterprises that focus on wood processing, production of doors, parquet, MDF boards, and components for IKEA, one of the world’s largest furniture manufacturers. This development has not only created approximately 2,000 jobs but also helped produce high-value, competitive products sought after both in Ukraine and internationally​

Ukrinform.  Additionally, the park benefits from state funding, which supports the construction of essential infrastructure such as access roads. 
The park’s growing industries, including woodworking and other.

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