Why international companies are looking to expand their business operations to Ukraine in the future.
Despite the country’s challenging economic and socio-political situation, Ukraine offers growing business potential for international investors due to its large domestic market, rich natural resources and highly educated, low-cost labour force.? Ukraine’s GDP fall slowed in the second half of 2015, and is forecast to return to slight growth in 2016. Investment and exports are also anticipated to be relatively stronger, with an improving and resilient business sector looking to become part of the EU Free Trade Area; a change which comes into effect on 1 January 2016.
‘Expanding your business operations to Ukraine’ is a TMF Group paper about Ukraine as a potential destination for your growing business aspirations. We collected insights from 66 specialists over August and September 2015, who have been either operating in Ukraine or interested in expanding to the country.