Manufacturing in Ukraine

by Roman Cheplyk
Tuesday, February 8, 2022
1 MIN
Manufacturing in Ukraine

There are FDI projects in Ukraine that companies have carried out from Canada, the USA, Turkey, countries of Europe, and Asia

 

Manufacturing in Ukraine is a well-developed industry, accounting for about 57% of Ukrainian exports. More than half of the total production output falls on heavy engineering, especially machinery and equipment for plants.

Outside of the U.S., businesses are beginning to see investment opportunities in Ukraine. Manufacturing in Ukraine has been steadily increasing over the last few years thanks to many factors: increased global demand for goods, lower wages than other European countries, a workforce that speaks English. Growing exports have shown that Ukraine can sustain itself and prosper financially by supplying the world with quality products to meet consumer demands.

 

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