We will find for your company business partners, suppliers, counter agents in Ukraine.Learn More
We bring together investors from Scandinavia and Ukraine. We will help to find investments for a business project or a startup.
Export to Ukraine. We will help your company to enter the Ukrainian market.
The key market close to the EU. Huge natural resources. Low-Cost Production Platform. Low competition in many industrial and nonindustrial fields. Qualified labour force. Free trade zone with the EU. Many perspective sectors for investment.
The Ukrainian economy is an economy in growth, which is driven by a very favourable agricultural sector, exports of steel and domestic consumption. The market volume is 45 million consumers and is relatively free of competitors and full of free niches. Therefore, the local economy is extremely flexible and provides a lot of opportunities for foreign businesses. Currently, the country's gross domestic product is an estimated 81.4 billion. Low competition in many industrial and nonindustrial fields. Despite Ukraine covering about 20 major industries, namely power generating, fuel, ferrous and non-ferrous metallurgy, chemical and petrochemical and gas, machine-building and metal-working, forest, wood-working, and wood pulp and paper, construction materials, light, food, and others there is still low competition in many industrial and nonindustrial fields. Ukraine offers a large and especially profitable market space for any commercial articles or intentions.
Huge natural resources. Significant natural resource of highly arable land. Ukraine has 33 % of the world total resource fertile soil composed of (chernozems) which makes the agrarian sector very perspective and profitable. Also, huge resources, abundance, and variety of minerals easily exceed even the resources of the world biggest countries. More than 20,000 deposits and manifestations of 200 different minerals have been discovered in Ukraine. Of these, about 8 000 deposits of 94 types of minerals are of industrial importance. Ukraine’s main natural resources include iron ore, coal, manganese ore, natural gas, petroleum, sulfur, graphite, titanium ore, magnesium, uranium, chromium, nickel, aluminum, copper, zinc, lead, rare earth metals, potassium, rock salt and kaolinite, as well as mineral waters and others. The deposits are located in different regions of Ukraine.
Ukraine is close to the key markets thankful its advantageous strategic position between Europe and Asia. Four Pan-European corridors run across the country. Ukraine which is considered the 44th world largest country forms a good commercial crossroads on the very busy route: Europe – Russia – Central Asia - the Middle East. That makes Ukraine a hub where a lot of different trade routes coexist. Moreover, Ukraine has a robust infrastructure for sustaining an export-oriented economy – close to 170,000 km of roadways, some 22,000 km of railways, access to the Black Sea and several ports that can service large vessels. Delivering goods in two days to European hubs versus a shipping container travelling from Asia over 40 days is an unbeatable advantage. Ukraine has also several frontiers with EU states Poland, Romania, Slovakia, Hungary and with non-EU states: Russia, Belarus, and Moldavia.
Low-Cost Production Platform close to EU. Significant cost savings for wages, energies and raw materials. The devaluation of the Ukrainian national currency (hryvnia) changed Ukraine into one of the most competitive low-cost production platforms globally. Tariffs prices for gas, power or gasoline are notably lower than in any other EU state. Based on current tariffs, electricity prices for industrial enterprises are much lower in Ukraine than neighbouring Poland (-25%), Czech Republic (-25%) or Slovakia (-37%). Significant cost savings for production are made Ukraine a very competitive and preferable place in selecting a manufacturing platform. Labor, raw materials and other production costs have declined significantly in U.S. dollar terms. In particular, labour-intensive industries such as food and agribusiness, light manufacturing and small machinery-building are benefiting the most. Many European companies in textile, automotive, FMCG and home appliances are producing goods in Ukraine.
Ukraine is one of the most educated nations in the world and ranked 4th country in the number of University graduated people globally. Over 99.7% of Ukrainians are literate and over 70% have a secondary or higher education. University degree and specialization within the field is considered as a base in the country. The country has more than 600 higher educational institutions, colleges, and technical schools. The largest Ukrainian cities, including Kyiv, Kharkiv, Odessa, Dnipro, and Lviv, are educational hubs. Six Ukrainian universities are listed in the international ranking “QS World University Rankings”, in particular, the Taras Shevchenko National University of Kyiv and the National Technical University of Ukraine “Kyiv Polytechnic Institute”. Each year Ukraine gives the world about 640,000 graduates, 130,000 of them are engineers and 16,000 are IT, specialists. Also each year approximately 70 000 foreign students from the 150 countries studying in the Ukrainian higher educational institutions.
Unlocked the European market for Ukrainian exporters as currently, the EU continues to apply its preferential trade regime for Ukrainian goods: for example, 83% of agricultural goods are imported duty-free to the EU. It is anticipated that exports will increase further given the large 500 million consumers EU market and the fact that major destinations in Europe may be reached within two track days. Implementation of the free trade zone with the EU encouraged Ukrainian businesses to expand exports to the region. The share of exports to the EU increased from 26% in 2012 to 35% in 2018 to date, with agricultural products and metals driving this growth. Automotive components are now the #1 export category to Germany. Future growth potential is great as per capita Ukraine exports remain low at $1,540 per year versus $4,956 in Poland and $6,605 for the sixteen CEE countries.
Danish luxury furniture brand “Villa Capri”, a company that specializes in creating Scandinavian-style interior items with elements of luxury for private clients and hotels, has signed an agreement for long-term production of upholstered furniture with a Ukrainian furniture manufacturer.Read More
Despite the coronavirus times and the downturn in economic activity in many countries of the world, Ukraine remains an attractive production place for foreign companies, including from the Scandinavian countries. We are pleased to inform in "NordicUkraineinvest" about the implementation of one more investment project.Read More
APPLE FARM for sale is located in the Carpathian region in an ecologically clean zone on the border of the Ivano-Frankivsk and Chernivtsi regions (Ukraine). No hard production close, the region has its own microclimate for farming; it gives a special taste to the fruits. LRead More
We are pleased to inform in “NordicUkraineinvest” about the successful implementation of another investment project in cooperation with the Embassy of Ukraine to Denmark and the State Agency “ Export Promotion Office of Ukraine.Read More
We just happy to announce that our three days FAM trip (info tour) to Ukraine for the Danish touristic agencies is over. In cooperation with the Ukrainian International Airlines UIA, the Embassy of Ukraine to Denmark, Ukrainian travel company “Trident. Travel” and NordicUkraineinvest we wanted to show for the Danish travel companies that Ukraine is a good destination for traveling.Read More
Promotion of Ukrainian tourism. Together with Ukrainian International Airlines UIA, Swedish touristic agency “Arrive Agencies”, Ukrainian touristic Agency “Trident. Travel”, The Embassy of Ukraine in Denmark and NordicUkraineinvest we prepare the info tour for the Danish and Swedish tour agencies on 04-07.10-2019 to Ukraine.Read More
Ukrainian IT-company “SolidBrain” listed in top ten the best software development companies according to Clutch.co - an American research organization that studies the global IT market, is coming on the Scandinavian market.Read More
Children's furniture from the leading Danish company “Leander” soon will be produced in Ukraine. We are pleased to announce that the “NordicUkraineinvest” company, in close cooperation with the Embassy of Ukraine in Denmark, managed to implement another investment project and attracted one more Danish company to Ukraine.Read More