How Laserband Recovered After the Russian Attack
23 April 15:48
Over the past few years, the Lviv-based company “Laserbend” has steadily expanded its production capacity and operated in the B2B segment, manufacturing custom parts. Demand for high-precision metalworking grew, and the company responded by expanding its equipment fleet. In the fall of 2025, they opened a new production and warehouse facility, connected utilities, brought in machinery, and began working with clients, but this development was abruptly halted by a Russian drone strike. This is reported by the Ministry of Economy, as relayed by "Komersant Ukrainian".
“The explosion damaged nearly all the machines in the new workshop and partially destroyed the building. Total losses amounted to 14 million hryvnias. The company faced the risk of losing production and orders, but quickly began seeking recovery tools and turned its attention to the state program supporting manufacturers, ‘Made in Ukraine,'” the ministry said.
It was a grant under the “Made in Ukraine” policy that allowed the company to survive this critical period.
What the “Made in Ukraine” program entails
Launched in 2025, the program provides funding for the restoration of damaged production facilities on a co-financing basis.
Thanks to these funds, the company purchased new CNC laser cutting machines and was able not only to resume operations but also to avoid contract cancellations. The business retained its customers and continued to fulfill orders.
After weathering the crisis, the company revised its development strategy. Instead of concentrating production in one location, a decision was made to decentralize operations.
A new large production facility is currently under construction on the outskirts of Lviv, but the company will simultaneously maintain several sites in different parts of the city. This approach is intended to mitigate risks in the event of new attacks.
What is known about Laserband
According to the Ministry of Economy, the company’s history goes far beyond recent events. It is a family business now in its third generation. It was founded by Petro Andrushchyshyn in the 1990s, when production relied on basic equipment. Later, his son modernized the enterprise, and the current CEO, Maksym Andrushchyshyn, has focused on modern technologies and high-precision machining.
Today, “Laserbend” employs about 200 people. The company is also exploring other support measures within the framework of government policy, including loan programs and export incentive mechanisms.
