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Investing in Ukraine

Facts…
•Ukraine is a European country with an area that makes 5,7% of the territory of Europe and 0,44% of the territory of the world.
•The geographical centre of Europe is situated in the Ukrainian village Dilove (Rakhiv region of Zakarpatska oblast).
• Ukrainian chernozems are the most fruitful soils of the Earth.
• The biggest marganese-ore deposit of the world is on the territory of Ukraine (Nikopolskyj).
•Ukrainian river the Dnieper is the third longest river of Europe (2201km), the Danube – the second longest river of Europe – also crosses Ukraine.
• The biggest steppe reserve of the world “Askaniya Nova” is in Ukraine.
• The first Constitution in the world was written in 1710 by Ukrainian Hetman – Pylyp Orlyk.
•Ukrainian landscapes of the Black Sea and the Carpathian mountains and the great ensemble of historical architectural masterpieces impress the tourists from all over the world.


Nowadays…
• According to the changes to the Constitution of Ukraine, Ukraine is the state with the parliamentary-presidential form of government, which demonstrates steady economic growth in spite of the legislation changeability and instability of political forces.
• The economy of Ukraine has gained the status of market economy.
• Ukraine may be the last large untouched market in Europe with almost 48 million inhabitants. he population of Ukraine is not expensive, but highly qualified labour force.
• On the 5th of February 2008 Ukraine obtained WTO membership. The level of administrative intervention in the economy of Ukraine is decreased, the practice of cross funding is being replaced.
• In spite of the low level of technological provision the country develops such important industries as light and chemical industry, heavy engineering, ferrous and non-ferrous metallurgy, shipbuilding, motor-car construction, machinery production for agriculture, aero-engine building, etc.
• Being rich in minerals Ukraine supplies 1/10 of the cast iron world production, 1/11 of steel and 1/12 of coal world production.
• Despite of the lowering of Ukraine’s ratings, due to the crisis, as of February 2009, they remain attractive: B+/Watch Neg/B (Standard & Poor`s), B1 stable (Moody’s) and B and AA (UKR) (Fitch).


Important…
• Since 2005 the economy of Ukraine was experiencing investment boom and remains attractive for investments, despite crisis.
• Decrease in imports and Hryvnia drop against main currencies as a result of crisis on the backdrop of stable local consumption created favorable environment for Ukrainian production development to replace imports and increase exports.
• The liquidity crisis in banking sector and reluctance of local investors provide a unique inexpensive opportunity for strategic and financial investor  to enter the market, obtain meaningful market shares and get extra returns in a post-crisis period
• The process of privatization is being continued in Ukraine: the list of objects for 2009 includes some of strategic enterprises of Ukraine.
• Ukrainian non-residential real estate even after correction remains attractive for
investments due to demand prevailing upon supply in all types of commercial real estate and possibility of 8-10 year payback period.
• The most attractive spheres for investment remain the fastest growing branches: food processing, packaging, hotels, FMCG production and finance services.