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Investment potentialThe Khmelnytskyi Region is located in western Ukraine. The administrative center of the Region is the city of Khmelnytskyi. In the northwest, it borders Rivne Region; in the northeast – Zhytomyr Region; in the east – Vinnytsia Region; in the south – Chernivtsi Region; and in the west – Ternopil Region. Khmelnytskyi Region lies 325 km from Kyiv and Boryspil Airport, 552 km from the Odesa seaport, 159 km from Romania, 386 km from Poland, and 494 km from Hungary.
Administratively, the Region is divided into 3 districts, comprising 13 cities, 24 urban-type settlements, and 1,417 villages.
The economy of the Region is mainly connected with energy, transport, and agriculture. Khmelnytskyi Region is situated at a historical crossroads of railways and highways linking Central Europe with the Black Sea coast and Russia, with the city of Shepetivka serving as a key railway junction. The Khmelnytskyi Nuclear Power Plant, located in Netishyn, is the Region’s most important industrial enterprise. The Regional economy also includes strong mechanical engineering, arms manufacturing, and chemical industries.
Khmelnytskyi Region is actively modernizing its energy infrastructure. In 2025, the Region launched a €13 million grant project aimed at the digitalization and modernization of power grids through a transition to 20 kV voltage systems. The initiative, implemented by the Khmelnytskoblenergo company, is designed to enhance the reliability of energy supply, reduce electricity losses, and create a technological foundation for further investments in renewable energy.
Industry specialization: agriculture (grain cultivation, horticulture); industry; textile production; tourism (recreation, Jewish heritage); and energy (nuclear power plant).
Natural resources: saponite clays, granites, limestones, loams, glauconite, and mineral groundwater.
Khmelnytskyi Region is one of the key partners of the “Cohesion and Regional Development project” (UCORD). The Region receives support to improve the recovery management system, increase the transparency of local government decisions, and promote cooperation between public authorities, businesses, and civil society organizations. The program implements initiatives aimed at supporting entrepreneurship, developing green technologies, and strengthening community trust.
Within the region operate nine universities and six technical schools. Among the leading higher education institutions rank Podilsky State Agrarian Technical University, Kamianets-Podіlskyi Ivan Ohiienko National University, and Khmelnytskyi National University.
In 2021, the unemployment rate stood at 10.4% (compared to the national average of 9.9%), while the average monthly salary reached $518 (versus the national average of $627).
Investment opportunities in Khmelnytskyi
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