"We are not interested in investments of less than six zeros." Releaf Paper returns to the Ukrainian market and plans to invest up to €5 million in its facilities - hot news!
Expansion of Ukrainian production and investment plans: interview with Oleksandr Sobolenko, co-founder and CEO of Releaf Paper
Focus on the Ukrainian market: why now?
Releaf Paper as a technology and company was born in Ukraine. Our first customers and founders were here. Although we were forced to turn our attention to other markets because of the war, Ukraine has always been important to us. We see the potential and demand for ecological products in the Ukrainian market, so we decided to return and expand our commercial activities.
Expansion of Ukrainian capacities: investment and plans
We plan to produce our products at Ukrainian contractors enterprises. Currently, our investments are directed towards marketing and personnel. We are creating a team that will be able to quickly respond to the needs of consumers. Vitaly Godzula, the former head of Lenovo, will structure commercial activities.
Our products will be available to customers through our online store and other online shopping platforms. We also work with large and medium-sized retail chains, for which we have created a separate B2B sales department. In 2024, we plan to start a raw material production project in Ukraine using green waste. The investment for this project will be €500,000, and if we expand, up to €5 million.
Investment plans and the search for a unicorn
Our cooperation with a strategic partner (investment fund of the European Commission) consists of grant and investment components. We intend to raise €16 million in the next investment round in 2025. In this round, our strategic partner will provide 50% of the investment, and we will withdraw the second 50% from third-party investors. We are currently negotiating with specialized European funds and are actively working on attracting investments. Our company already has a valuation of more than €20 million and is not interested in investing less than six zeros.
Answers to questions
What plans in Releaf Paper to the Ukrainian market?
Releaf Paper plans to invest up to €5 million in expanding production in the Ukrainian market. Already this year, they intend to invest from €500,000 in a green waste recycling project, and by 2025 they plan to increase the investment round to €16 million.
Why did Releaf Paper decide to focus on the Ukrainian market?
Although Releaf Paper previously focused on foreign markets, they are currently returning to Ukraine due to the high demand for ecological products and believe in the potential of the Ukrainian market.
What investments does the expansion of Ukrainian Releaf Paper capacities require?
Expansion of Ukrainian capacities requires investment in marketing and personnel. It is also planned to cooperate with Ukrainian subcontractors for the production of products.
More information
- Releaf Paper is a Ukrainian startup that produces paper and packaging from fallen leaves {20} releafpaper.com
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Discussion of the topic – Releaf Paper returns to the Ukrainian market with investments in capacity of €5 million
2024-01-25
Ukrainian start-up Releaf Paper presented novelties for the local market and plans to expand it in 2024, investing up to €5 million in green waste processing capacity.
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