The CEO of UkraineInvest spoke about this in Berlin during the conference “Ukrainian Business Landscape: Realities, Opportunities and Risks”.
Sergiy Tsivkach outlined the tools Ukraine has to support investors and outlined the key sectors and industries that currently offer the most attractive investment opportunities:
– agro-processing;
– construction materials;
– metal processing and metallurgy;
– green energy and decarbonisation;
– IT.
He also shared specific cases of foreign businesses that successfully invest and operate in Ukraine. Among the countries that have announced investments and are already implementing them are Ireland, Switzerland, Poland, Sweden, and Germany.
“It is important to understand that Ukraine is not only a country in need of financial assistance, but also an economy with good prospects for investors. By investing in Ukraine today, you have a chance to take part in the largest reconstruction project of the century. Many foreign investors are already actively working in Ukraine without waiting for the war to end. For example, Kingspan, an Irish global company, will build a USD 300 mln facility in Lviv region. It will include six plants that will produce high-tech, energy-efficient building materials. Carlsberg is also investing USD 40 mln. Bayer is investing more than USD 60 mln, CRH is investing USD 20 mln, and Cersanit is investing USD 20 mln. There are many other companies that are currently working with us,” said Sergiy Tsivkach.
The event was organised by UkraineInvest together with Global Business for Ukraine, European Business Association, Ost-Ausschuss der Deutschen Wirtschaft and supported by BASF. The goal is to help foreign businesses navigate the intricacies of the Ukrainian business landscape.
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