UkraineInvest Report: 1st half of 2022

UkraineInvest Report: 1st half of 2022

In times of war, UkraineInvest continues the promotion campaign of Ukraine’s investment opportunities in the world.

In the first half of 2022, UkraineInvest has initiated cooperation with 300 international companies that made a decision to fully stop operations on the territory of the Russian Federation, in particular, regarding conditions and possibility of relocating their production facilities to Ukraine.

UkraineInvest has started cooperation with the Irish company Kingspan, the global leader in energy-efficient building solutions. In April, the company exited the Russian market and decided to invest EUR 200 million in a new building technology hub in Ukraine. It will be built within the next 5 years and will create more than 600 jobs.

7 projects worth almost $400 million were added to the current portfolio of investment projects supported by UkraineInvest. Their implementation will be carried out after the end of the armed aggression of the Russian Federation against Ukraine.

The institution continues providing support to the business in times of martial law. During January-June 2022, our team provided support in solving more than 100 issues of investors which unlocked investments for a total amount of more than $75 million. Besides, in order to ensure uninterrupted operation of enterprises and the national economy during martial law, we provided support in initiating the booking of more than 2,000 employees from more than 60 enterprises. In addition, we have developed an online UkraineInvest HelpDesk digest created to inform the business on important matters related to economic activities under martial law in Ukraine. The UkraineInvest HelpDesk is available on our website.

We took part in 11 events and more than 30 interviews with international and national media providing audience coverage of more than 10 million in mass media and social networks in more than 70 countries.
We presented “UkraineInvest Guide: Rebuilding Ukraine with Private Sector” which can be viewed and downloaded on our website. It contains up-to-date information necessary for investors when making decisions about investment projects: data on Ukraine’s investment profile, financial incentives, business opportunities, as well as analytical data from various industries of the country’s economy.

The UkraineInvest’s team provided advocacy towards implementation of 16 legislative initiatives of investors on improving the investment climate in Ukraine; prepared a package of proposals for amendments to the legislation on improving regulation in the field of state support of investment projects with significant investments.

Also, despite the difficult working conditions during martial law, UkraineInvest was ranked 4th among 23 best Investment Promotion Agencies across Central and Eastern Europe according to Emerging Europe ranking (London, UK). 

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