Danico is a Good Example of Cooperation between Business and Government

Deputy Head of Zhytomyr Regional State Administration Ms. Natalia Ostapchenko stressed this on 30 October, during a working visit to Cherniakhiv to get familiarised with the production facilities of the Ukrainian-Danish enterprise of Daniko LLC.

“I am delighted that today the company with foreign investments “Danico” continues expanding its production in Zhytomyr region. This is a good example of cooperation between government and business. Enterprises that introduce new technological processes, create jobs, pay taxes and provide social protection to their workers are an alternative to employment abroad and contribute to the further socio-economic development of the region”, Ms. Ostapchenko said.

Danico LLC is a modern European-style enterprise with 170 employees. According to the information from the Department for Agro-Industrial Development and Economic Policy of the regional state administration, the average salary is UAH 14,800. For 9 months of 2019, UAH 11.4 million of taxes are paid and 95% of products are exported.

The Deputy Chairman of the regional state administration also participated in the opening of two workshops for the production of equipment for food industry. The new workshops will have a general assembly of parts at the final stage of the production cycle. In addition, these capacities will be able to employ about 50 people, depending on the order to be fulfilled by the enterprise.

As a reminder, the Taiwanese company QVE considers Zhytomyr region as a possible location for the establishment of a garment factory.

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