Member companies of the European Business Association have announced investment projects totaling over 3 billion dollars since 2022, involving major projects with capital investments starting from 10 million dollars. Of this amount, investments totaling 287 million dollars have already been completed, projects worth 2.57 billion dollars are currently underway, and an additional 172 million dollars are planned.
This is reported by Business • Media
Key investment projects and their impact on Ukrainian business
Among the key projects listed is {“ArcelorMittal Kryvyi Rih”}, which is implementing mining, metallurgical, and infrastructure investments. Part of the initiatives is aimed at maintaining competitiveness and enhancing workplace safety during the war, amounting to 325 million dollars.
Additionally, Bayer plans to expand its seed production facility with an investment of 60 million euros, while DTEK is developing the Tiligul Wind Power Plant (WPP) with investments of 650 million euros. Elementum Energy is investing 110.5 million dollars in the second phase of the Dniester Wind Power Plant.
Another significant project is Kyivstar’s investment in the development and restoration of Ukraine’s digital infrastructure for the period 2023-2027, totaling 1 billion dollars. Also on the list is the Knauf construction materials factory with an investment of 150 million euros, the privatization of the United Mining and Chemical Company through Neqsol Holding with investments of 96 million dollars, and the City One Development glass manufacturing plant with an investment of 140 million dollars.
Prospects for Ukrainian business within the framework of Eurointegration
The European Business Association emphasizes that the Eurointegration process opens up new opportunities for the development of Ukrainian business and enhances the country’s investment attractiveness, contributing to the attraction of more foreign capital and the creation of new jobs.