KIEV, Aug. 12 – The Bogdan Corporation, one of Ukraine's biggest carmakers, is ready to invest around $1 million in the creation of new production facilities for dismantling and recycling cars to meet a requirement of the law on the vehicle recycling, which has now taken effect.

The spokesman of Bogdan Corporation, Serhiy Krasulia, said that at present the corporation is in talks with companies that process scrap metal and recyclable materials.