Kyiv Seeks to Attract Foreign Investment Amid Ongoing Conflict
Kyiv is actively working to leverage the experiences of companies like Quantum Systems to encourage foreign investment in Ukraine, amid ongoing conflict with Russia, reports 24brussels.
Lehna, a representative from Quantum Systems, emphasized that Ukrainian armed forces and the Ministry of Defense frequently solicit his insights to assist foreign companies entering the market. “They are asking me to talk to them and to describe the process, the challenges that they can face. And my answer is, ‘Come on,'” he stated.
While acknowledging existing bureaucratic challenges, Bereznhy humorously noted, “If there was a football match between the German and Ukrainian bureaucracy, who knows who would win?” However, he highlighted that streamlined processes, enabling businesses to register in just ten minutes, coupled with the capacity to hire skilled personnel, present a strong case for investment. “With open and transparent communications with the Ministry of Defense, the company can really work successfully in Ukraine,” Berezhny asserted.
Compounding these bureaucratic hurdles is the ever-present threat posed by Russian military operations, which target Ukrainian military factories directly. “Ukraine is the biggest European country in terms of square meters, but it’s a small country for the Russian rockets, unfortunately,” Berezhny remarked.
