Notify Friend
2009-05-27

Ukraine - Interesting for manufacturing companies

To establish manufacture of any kind may be of interest in Ukraine especially since the local costs of salaries, premises and raw materials are low compared to Sweden.

The average salary is only 5.000 SEK a month. For skilled workers with language skills you may expect higher salaries, about double or more depending on work experience.

Now, Ukraine has suffered very badly from the global financial crisis. In just a few months, the industrial output has decreased by over 30 percent and unemployment is rising.

The domestic currency has fallen to almost half of its value against the U.S. dollar. In the short term, a big loan from the International Monetary Fund helps Ukraine in the worst crises. But in the long term, the country must solve its constant political crises.

But there are some industries that still expect a growth in Ukraine. These sectors are most suitable for an establishment in Ukraine.
  • Energy and Environment
  • Textile
  • Construction Industry - equipment industry (especially wood)
  • Telecommunications
  • Tourism
  • Agriculture and Food.

                                                                                       Tony Harkén
Green Carrier
SRF Konsult
Space360
NOPEF
Comet Consular
WordFinder
Konsu Oy
Semantix