KYIV, Nov 29 – The Austrian group Kronospan, which initiated the creation of the Kronospan Rivne Industrial Park—a project aimed at forming a furniture cluster around its wood-based panel manufacturing plant – has already invested EUR 47 million in preparatory works and infrastructure. This includes EUR 34 million invested during the ongoing war, according to the Ministry of Economy.

"Kronospan is the largest European producer of wood-based panels operating in Ukraine and continues to invest in new production facilities even during wartime," said First Deputy Prime Minister, Minister of Economy Yulia Svyrydenko during the opening of a new production line at Kronospan Rivne.