Foreign direct investments in Ukraine increases fivefold
Date: 16-08-2011
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Over the last 12 months foreign direct investment (FDI) to Ukraine has increased almost five times over. According to Vladyslav Kadlubytskyy, Senior Advisor of Larive Ukraine, this increase indicates the positive tendency in the Ukrainian economy while proving the growing investment attractiveness of Ukraine.

Foreign direct investment to Ukraine increase over the first six months of 2011 constituted US$ 2,452 billion, that is 4,9 times larger than the increase over the period of the first six months of 2010.

Recently, Ukraine has been acknowledged as the leader among the Commonwealth of Independent States in the FDI growth. According to the World Investment Report 2011, issued by the United Nations trade and development body in July 2011, Ukraine demonstrated the FDI increase in the amount of 35% which is the highest rate for the CIS countries in 2010.

Also, a week prior to the UN report release, the global rating agency Fitch Ratings raised Ukraine's long-term foreign credit rating from stable to positive. The significantly smaller budget deficit this year has been stated to be as one of the reasons for the revision of Ukraine's rating. The economic recovery and spending restraint along with parliamentary approval of an unpopular pension reform contributed to Fitch's decision to mark Ukraine's economic advances.

Larive has been active in Ukraine since 1995. Larive Ukraine, located in Kiev, assists companies with market entry in the Ukraine and has extensive knowledge of the local market. Dutch companies are ranked in the top-5 investors in Ukraine.

Last changed: 17-08-2011 at 10:14