Doing business in Ukraine

Ukrainian market is very challenging to start up business at it. Ukraine’s rating in the report of the World Bank “Doing Business” in 2011 improved slightly having taken a few points up. The Government admitted the necessity to improve the situation; and at present ambitious tax and public reforms are carried out to make Ukraine a more favorable place for doing business in it. Ukraine is known for its highly-qualified personnel and relatively cheap labor. Communication system, transport and export infrastructure of the country are developed and function efficiently.

If you are interested in doing business in Ukraine, visit the web-sites mentioned below and get comprehensive information about Ukrainian produce, service and business feasibility:

• State Export Support (Public support of Ukrainian export)
• State Agency for Investment and Development (Public investment and development agency of Ukraine)

Regardless of certain instability, Ukraine is still very attractive for investments. The country has a large consumers’ market with a potential for its growth and a relatively low level of competition in many sectors of the economy. Another factor of a good investment climate of Ukraine is a high level of education and qualification of labor force. Ukraine’s location among European, Russian and Asian markets and a ramified system of railways and Black Sea ports create a competitive ground for the manufacture and export to neighboring countries and elsewhere. 

International investors estimate positively the possibilities to invest into agriculture, computer technologies, software and infrastructure creation.