This year, Riko d.o.o. signed several contracts in
environmental and technological engineering as well as energy in central and
In the city of
Zhytomyr in the west of Ukraine, RIKO will build a 10MW solar power plant. The
reason for its construction is primarily an investment in a green,
self-sufficient city. Zhytomyr is a young university city with many
kindergartens, schools and faculties, and the region is known as a strong
economic center with various industry, such as glass, metal, electronics,
pharmacy, footwear clothing, etc., which consumes a lot of energy. In its
commitment for cleaner environment and sustainable development, the investor,
the municipality of Zhytomyr, decided to replace environmentally harmful
thermal power plants and take advantage of the natural potential of the region
by producing solar energy.
The project was
realized with the help of Center for International Cooperation and Development
(CMSR). The total value of the project is 9.5 million euros.
In the same
city, RIKO will also build a water treatment plant for the preparation of
drinking water worth 11.8 million euros. The project will be done in the consortium
with the Slovenian company Hidroinženiring and with the financial assistance of
the World Bank. It is a turnkey construction anticipating the entire process
from design to the kick-start of the treatment plant and pumping stations, with
the aim of changing the river water into drinking water.
Last year, RIKO
concluded an environmental engineering contract with Kyyivvodokanal from
Ukraine for modernization of 20 pumping stations for preparation of drinking
water (design and supply of equipment) in Kiev worth 2 million euros. The
project is already under way.
RIKO has already
completed the design of a water treatment plant for industrial and municipal
waste water for Agroprom Holding Astarta sugar factory in Globino. We expect
that the designed treatment plant will also be completed.
In May this
year, a contract was signed with Dnipro-Kirovograd to modernize ten pumping
stations for drinking water worth 7.5 million euros in the city of Kirovograd
in central Ukraine. The project includes
dismantling, foundation, supply and installation of new equipment.
In addition to business leads in environmental
protection, last year RIKO signed a contract for the supply of technological
equipment of hydraulic components with the Ukrainian company Hydrosila which
exports its products to Europe.