Ternopil Region Attracts Millions of Euros: Who Invests in the Region and Why.

The mineral resources of the Ternopil region are an important resource for the industrial sector. Clay, limestone, and sand are used for the production of building materials, as well as for chemical products, woodworking, and agriculture. The sugar industry predominates in the agricultural sector, with about 10 sugar factories in the area.

Location and Investments

The Ternopil region is located near the borders with Romania, Poland, Slovakia, and Hungary, which facilitates the attraction of foreign investments. The largest foreign-invested company in the region is the Sumitomo Electric Bordnetze factory, which produces components for cars.

Among the largest companies in the region with foreign investments is the factory of the German-Japanese company Sumitomo Electric Bordnetze, producing components for cars.

In recent years, new enterprises have emerged in the Ternopil region, such as a limestone processing plant, a fertilizer production line, a solar power station, and plans to build a wind power station. This indicates the constant development and attractiveness of the region for investors.

In summary: The Ternopil region has significant potential in the field of mineral resources, which serves the development of industry and attracts foreign investors. With the emergence of new enterprises in the region, its industrial potential increases, and new jobs are created.