NovaSklo

What NovaSklo does

NovaSklo is a Ukrainian private company developing the country's first modern float glass manufacturing plant, located in Velyka Dymerka, Brovary district, Kyiv region, with completion targeted for 2028. The facility is designed for one production line with annual capacity of 24.8–25 million m², intended to meet approximately 75% of Ukraine's domestic glass demand and enable a future second line to serve projected demand of 45 million m². The plant will produce clear float glass, low-iron high-clarity glass, laminated architectural glass, low-emissivity (low-E) glass, solar control glass, highly selective multifunctional coated glass, mirror substrates, and extra-large Jumbo XXL panels up to 12 metres, using German and Italian equipment from Horn Glass Industries, Bottero, and Zippe, with engineering support from NSG Group (Pilkington).

The company is a project of EFI Group, a Ukrainian investment holding company, and operates with explicit support from UkraineInvest and the Ministry of Economy of Ukraine, including special investment status and up to 30% capital cost reimbursement. Capital financing of approximately €240–250 million combines EFI Group equity, a €97 million German ECA-guaranteed bank loan covering 85% of equipment cost, and IFC (World Bank Group) advisory and lead-financing support.

NovaSklo monetizes through B2B hardware sales to industrial customers — primarily window and façade manufacturers, with secondary demand from architects, developers, appliance and electronics manufacturers, and Ukraine's post-war reconstruction sector. Its commercial arm, NovaSklo Trade, holds exclusive rights to distribute Pilkington architectural glass (Optiwhite™, Suncool™, Optifloat™ Clear) in Ukraine under a 100% prepayment direct-to-customer model. The customer mix is entirely domestic, pricing is negotiated per contract, and the current headcount of 1–10 is planned to scale to 300–340 in year one of plant operations.

Name

NovaSklo

Legal name

ТОВ "НОВАСКЛО"

Website

https://novasklo.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

NovaSklo is building Ukraine's first high-tech float glass manufacturing plant in the Kyiv region, producing up to 25 million m² annually of clear, coated, and jumbo-format glass for window and façade manufacturers, architects, and reconstruction projects. The €240–250 million project is led by EFI Group with IFC and German ECA financing.

Ownership category

akta.pro rank

Product category

Flat Glass Manufacturing

NAICS

Flat Glass Manufacturing (327211), Glass and Glass Product Manufacturing (32721), Glass Product Manufacturing Made of Purchased Glass (327215)

SIC

Flat Glass (3211), Glass Products, Made Of Purchased Glass (3231)

akta.pro primary industry

Flat Glass (Float/Sheet/Plate) Manufacturing (IMADAHAA)

akta.pro secondary industries

Low‑E, Solar Control & Energy-Efficient Coated Glass (IMADAHAF), Glass Fabrication & Processing Services (Cutting/Edging/Drilling/Polishing) (IMADAHAI)

Keywords

• Float glass manufacturing
• Architectural glass
• Coated glass products
• Flat glass production
• Industrial glass supply

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Float Glass Manufacturing (Own Plant): Revenue from the sale of float glass and specialty coated glass products manufactured at the NovaSklo plant in Kyiv region. Production will include clear float, low-iron, laminated, low-E, solar control, multifunctional coated, and mirror glass, sold to window and façade manufacturers.
2. Pilkington Glass Distribution (NovaSklo Trade): NovaSklo Trade, the commercial arm, acts as the exclusive distributor of Pilkington architectural glass (Pilkington Optiwhite™, Pilkington Suncool™, Pilkington Optifloat™ Clear) in Ukraine. Revenue is generated through direct sales of imported architectural glass to architects, developers, and construction contractors, using a direct supply model without intermediaries.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NovaSklo manufactures and will supply float glass and specialty coated glass products (clear float, low-iron high-clarity, laminated architectural, low-E, solar control, multifunctional coated, mirror, and Jumbo XXL up to 12m) for Ukraine's construction industry. Through its commercial arm NovaSklo Trade, the company is also the exclusive distributor of Pilkington architectural glass in Ukraine. The core offering is industrial flat glass sold B2B to window manufacturers, façade manufacturers, architects, developers, and contractors.

Product overview

NovaSklo is building Ukraine's first high-tech float glass manufacturing plant in the Kyiv region (Velyka Dymerka, Brovary district), scheduled for completion by 2028. The factory will produce eight distinct glass product categories: Clear Float Glass, Low-Iron High-Clarity Glass, Laminated Architectural Glass, Low-Emissivity (Low-E) Glass, Solar Control Glass, Highly Selective Multifunctional Coated Glass, Mirror Glass Sheets, and Jumbo XXL Glass (up to 12 meters). The plant will have one production line with annual capacity of approximately 24.8-25 million m², meeting about 75% of Ukraine's domestic demand. The commercial distribution arm, NovaSklo Trade, currently distributes Pilkington architectural glass products (Optiwhite™, Suncool™, Optifloat™ Clear) in Ukraine under an exclusive distribution agreement with NSG Group signed in June 2026.

Differentiator

Problem solved

Functional benefit

Brands

• NovaSklo Trade: Commercial arm of NovaSklo project and exclusive distributor of Pilkington architectural glass in Ukraine, specializing in facade and panoramic glazing solutions for architects, developers, and construction contractors

Products and services

• Clear Float Glass Standard transparent flat glass produced via the float process, serving as the foundation product for windows, façades, and general architectural applications.
• Low-Iron High-Clarity Glass Specialty glass with reduced iron content providing enhanced light transmission and crystal-clear transparency for premium architectural and display applications.
• Laminated Architectural Glass Safety glass made of two or more glass layers bonded with interlayers, providing enhanced security, sound reduction, and structural integrity for architectural applications.
• Low-Emissivity (Low-E) Glass Energy-efficient coated glass that reduces heat transfer and improves building thermal performance.
• Solar Control Glass Glass with coatings that regulate solar heat gain while maintaining natural light transmission, reducing air conditioning costs in buildings.
• Highly Selective Multifunctional Coated Glass Advanced glass combining multiple performance features such as solar control, thermal insulation, and self-cleaning in a single unit.
• Mirror Glass Sheets Float glass processed into mirror substrates with reflective coatings for interior design, furniture, and architectural applications.
• Jumbo XXL Glass (up to 12 metres) Extra-large format float glass panels up to 12 metres long, enabling seamless panoramic glazing and reducing the need for multiple panels in large-scale architectural projects.
• NovaSklo Trade (Pilkington Architectural Glass Distribution) Commercial distribution arm supplying the full Pilkington architectural glass range — Pilkington Optiwhite™ (ultra-clear), Pilkington Suncool™ (solar control), and Pilkington Optifloat™ Clear (standard float) — directly to architects, developers, and construction contractors in Ukraine under a 100% prepayment, direct-delivery model with no intermediaries.

Quantifiable outcome

• First float glass plant in Ukraine — establishing domestic production where none has existed since 2014, meeting ~75% of national demand by mid-2027 from one production line of 25 million m²/year.
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and flagship.

• NSG Group (Nippon Sheet Glass / Pilkington)coreTechnology or Integration · 19 September 2025NovaSklo signed an agreement with Pilkington Technology Management Limited (NSG Group), the global leader in glass manufacturing technologies. NSG provides engineering support for the construction of the float glass production line in the Kyiv region, including work on the master plan, technology and equipment optimization, energy efficiency, safety systems, ESG standards integration, and advanced energy management systems. Additionally, NSG Group granted NovaSklo Trade exclusive rights to distribute Pilkington architectural glass products in Ukraine (signed June 25, 2026).
• Horn Glass Industries AG (Germany)coreTechnology or Integration · 10 July 2025NovaSklo signed a cooperation agreement with Horn Glass Industries AG (Germany) at URC 2025 in Rome. Horn is a German expert in glass melting technologies, supplying equipment for float glass, container glass, and specialty glass. The company provides comprehensive solutions from individual components to turnkey plants. Horn has already begun providing engineering and project services including technical design and equipment configuration for NovaSklo.
• Bottero S.p.A. (Italy)coreTechnology or Integration · 10 July 2025NovaSklo signed a cooperation agreement with Bottero S.p.A. (Italy) at URC 2025 in Rome. Bottero is an Italian leader in high-tech equipment for the glass industry, with 60 years of experience and operations in over 100 countries. The company specializes in automation and glass processing solutions and has begun providing engineering and project services for NovaSklo.
• Zippe Industrieanlagen GmbH (Germany)coreTechnology or Integration · 10 July 2025NovaSklo signed a cooperation agreement with Zippe Industrieanlagen GmbH (Germany) at URC 2025 in Rome. Zippe is a global leader in equipment for batch preparation and cullet processing for the glass industry with over 100 years of experience. The company has implemented over 700 projects worldwide and provides engineering expertise in automation and energy efficiency for NovaSklo.
• UkraineInvestflagshipStrategic or Co-development Partner · 10 February 2025NovaSklo and UkraineInvest (the government investment office) signed a Memorandum of Cooperation. UkraineInvest provides informational, consultative, and organizational support throughout the project's preparation and implementation, including assistance in obtaining a special investment status that qualifies the project for tax and customs benefits and partial reimbursement of infrastructure costs. UkraineInvest will provide legal, consultative, and analytical support to help the project reach financial close.
• Ministry of Economy of UkraineflagshipStrategic or Co-development Partner · 10 February 2025The Ministry of Economy of Ukraine officially supports the NovaSklo project as part of the national 'Made in Ukraine' industrial policy. The government provides investment incentives reimbursing up to 30% of total capital investment costs for large industrial projects. The project is aligned with the national goal of increasing manufacturing's share of GDP to 20% (OECD standard) over the next decade.
• EFI GroupflagshipStrategic or Co-development Partner · 10 February 2025NovaSklo is a project of EFI Group, a Ukrainian investment company founded in 2002 (or 2007 per some sources), which is the primary developer and investor. EFI Group operates across healthcare/medtech, paper and food manufacturing, energy, agricultural supply chains, and glass industry. EFI Group's own funds, alongside partners and international credit financing, fund the NovaSklo project.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Central Glass Co., Ltd. Japanese specialty and architectural float glass manufacturer with diversified flat glass operations. Comparable as a mid-sized global float glass incumbent focused on value-added architectural and coated glass segments similar to NovaSklo's product mix.
• NSG Group (Pilkington): Global float glass and coated glass manufacturer and NovaSklo's core technology partner. Highly comparable as the world leader in float glass process technology; NovaSklo is essentially adopting NSG's process stack to enter the same product category.
• Saint-Gobain: Global leader in flat and float glass manufacturing through its Glass division, with a broad portfolio spanning architectural, automotive, and industrial glass. Highly comparable as the benchmark global float glass incumbent NovaSklo is building capacity to compete with in regional markets.
• Vitro: Mexican-headquartered global float glass manufacturer serving architectural and automotive markets. Comparable as another top-tier global float glass incumbent operating a similar coated-glass and value-added product model.
• AGC Inc. (Asahi Glass): Japanese global manufacturer of flat, float, automotive, and architectural glass. Comparable as a top-tier global float glass incumbent with a strong coated glass portfolio overlapping NovaSklo's planned low-E and solar control offerings.
• Guardian Glass: US-headquartered global float glass producer with significant European manufacturing footprint. Comparable as one of the four major global float glass players competing in architectural and value-added coated glass segments.
• Schott AG: German specialty glass and glass-ceramics manufacturer with broad industrial and architectural exposure. Comparable as a German-based, IFC-aligned industrial glassmaker with deep European customer relationships and ESG credentials.
• Flat Glass Group: Chinese major float and photovoltaic cover glass manufacturer with growing international footprint. Comparable as a high-volume float glass producer whose scale economics and aggressive export pricing could pressure regional pricing in Europe.

Regional players

• Euroglas: European float glass manufacturer with plants in Germany and Poland. Comparable as a mid-sized European float glass producer whose Central European footprint puts it in direct competition with NovaSklo's potential EU export channel.
• Şişecam: Turkey's largest flat and container glass manufacturer with deep regional presence across Eastern Europe, the Balkans, and the Caucasus. Comparable as the most direct regional competitor for NovaSklo's Ukrainian and export-adjacent markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NovaSklo