The favorable geographical position of the country is of great importance here. That is why investing in the textile industry in Ukraine is a great way to generate future profits.
The advantages of the Ukrainian industry:
- a sufficient number of professional employees
- a decent material basis
- a low labor remuneration
- the geographical position of the country
Keeping the current performance of the textiles in the Ukraine industry in mind, it will be safe to say that additional fund inflows will further improve its efficiency.
Why are there opportunities for investors in Ukraine?
- Over the years 2015-2019, the Ukraine textile industry has significantly improved its performance compared to the previous years
- Exports of textiles grew by 32% and the ones of clothing – by 40%. It was primarily promoted by Ukraine textiles investment performed not only by domestic entrepreneurs but also by foreign companies.