Long term business in Ukraine
The positive changes in Ukraine's economy were promoted by the availability of a highly educated labor force, fertile soil, and low cost of goods if compared to foreign countries.
These advantages are especially obvious in terms of long-term cooperation, which makes it possible to fully realize that you've made the right choice of an investment destination.
The Ukrainian market has become more promising. Moreover, due to long-term business opportunities in Ukraine, it has become possible to establish more than 100 R&D centers and more than a thousand BPO companies. At the same time, there are several centers for public service.
In terms of long term Ukrainian business investment there are the following benefits:
- Improving the business environment. According to recent statistics by the World Bank, the Ukrainian market position has shown significant growth if compared to other countries.
- Low competitive costs. In the first instance, many investors pay attention to this indicator. Mainly because there is an opportunity to start long term business in Ukraine at minimal costs, since the level of labor remuneration in the country is 3-5 times lower than in Europe, for example.
- The geographical location. It's another important factor since Ukraine is located at the intersection of the global trade routes.