The Vinnytsia company “Avtostrada,” one of the leaders in road construction and infrastructure projects in Ukraine, has won an auction for a special permit to develop a limestone and clay deposit in the Rivske area, located in the Zhmerinka district of Vinnytsia region. The winning bid amounted to UAH 12.85 million, exceeding the offer of the sole competitor, “Monolit Podillia,” which proposed UAH 12.78 million.
This is reported by Finway
Characteristics of the Deposit and Prospects for Use
According to the State Geological and Subsoil Service of Ukraine, the license allows for the extraction of minerals in this area for 20 years. “Avtostrada” gains the right to perform a full range of work: from geological surveys to industrial extraction of raw materials. In the Rivske area, the balance reserves of limestone are estimated at 10.7 million tons, while the non-balance reserves are at 11.25 million tons. Additionally, the balance reserves of clay amount to 2.338 million tons. According to the agency’s assessment, these resources create a strong raw material base for cement production and ensure a long operational life for the deposit.
Strategic Importance for the Construction Industry
“Avtostrada” is known for implementing large-scale infrastructure projects in various regions of Ukraine. Among them are the construction of new metro stations in Kyiv, the Podilsky Bridge crossing, and a water supply system to Mykolaiv. The acquisition of the deposit in Vinnytsia will provide the company with its own resources for producing cement and other construction materials, which will strengthen the company’s position in the market and enhance the efficiency of large project execution.
“Avtostrada” is one of the largest companies in Ukraine for road and infrastructure construction. It is building new metro stations in Kyiv, the Podilsky Bridge crossing, and a water supply system to Mykolaiv. The license will grant the company the right to a full cycle of work in the Rivske area – from geological surveys to the industrial extraction of limestone and clay.”