"Kovalska" is buying a river fleet and plans to extract up to 1 million tons of sand per year

The Ukrainian group "Kovalska" has acquired a number of companies and equipment for the development of its own mining of river sand on the Dnieper (Kyiv region) and Desna (Chernihiv region), as reported in the press service of the company.

The scope of the agreement includes river sand mining quarries, equipment and river fleet, including self-propelled and non-self-propelled barges, pusher tugs, floating cranes, equipment for underwater soil development and loading.

The new asset with a capacity of up to 1 million tons per year will 100% satisfy the production needs of the "Kovalska" plants in river sand, the company said. The total reserves of the Group's river sand deposits are estimated at 200 million tons.

"Sand is the basic building material for the reconstruction of Ukraine – roads, production of concrete, reinforced concrete structures, mixtures. In turn, river sand is a strategic raw material for the Kovalska Group. We will ensure proper quality according to the Group's standards and become an active, transparent, predictable seller. We are also reducing dependence on external supplies and related operational and reputational risks," commented CEO of Kovalska Group Serhii Pylypenko.

Kovalska Group is Ukraine's largest producer of building materials and one of the leading developers. The company's products are represented by a number of brands, including Concrete from Kovalska, Avenue paving tiles and Siltek construction mixes. Enterprises carry out a full cycle of work from extraction of raw materials, production of products to the construction of buildings of various purposes.

The industrial group includes the plant of reinforced concrete structures named after Svitlana Kovalska, companies "Beton Complex", "Beton Service", "Beton Center", Darnytskyi ZZBK, and others.

As of July 2023, the Kovalska Group has sand, sandstone, and limestone deposits in the Lviv region, granite deposits in the Zhytomyr region, and channel sand deposits on the Dnipro and Desna rivers in Kyiv and Chernihiv regions, respectively.

In the Kherson region, the factory for the production of aerated concrete has not been operating since the Russian occupation.