UkraineInvest, together with the Ministry of Foreign Affairs, Office of the National Investment Council of Ukraine and EY, organized an online meeting with the world’s leading companies in the automotive industry.
🔶 UkraineInvest Executive Director Sergiy Tsivkach spoke about investment opportunities and competitive advantages of Ukraine for creating new production centers.
💬 “The automotive industry is a rapidly developing market in Ukraine which provides many opportunities to implement investment projects. Furthermore, Ukraine’s existing advantages compared with other European neighboring countries, such as a skilled labor force, favorable geographic location, access to a raw material base, and competitive salaries give it all chances to become a European production hub for the automotive industry,” said Sergiy Tsivkach.
🔶 According to him, over the past few months, UkraineInvest has been receiving requests from automotive companies to support potential investment projects, as well as from existing investors who, already having a positive experience, are planning to expand their businesses in Ukraine.
ℹ The event was attended by over 40 participants – heads of automotive companies, representatives of the business community, and financial institutions. More than 22 global and regional manufacturers already operate in the Ukrainian market, including ODW-ELEKTRIK, Jabil, SEBN, and others, which have created about 60,000 jobs with a total investment of over EUR 500 mln (since 1998). During the meeting, company representatives shared their success stories in Ukraine and plans for further business development.
