Ukraine has attracted powerful investments in the field of renewable energy, agrarian sector and retail trade in recent weeks.
“Over the past weeks, Ukraine has attracted large investments in the economy: in the renewable energy sector from Norwegian investors, in the agricultural sector from a Saudi Arabia company, and into retail trade from Swedish brands H&M and IKEA,” President of Ukraine Petro Poroshenko posted on Facebook.
The current investment boom in Ukraine is a clear indication of world investors’ credibility to Ukraine, the president stressed.
As reported, the Saudi Agricultural and Livestock Investment Company (SALIC) has acquired a large Ukrainian farming company Mriya Agro Holding, thus signing the largest contract in the agricultural sector in the history of Ukraine’s independence.
Moreover, Norway invested almost half a billion dollars in development of renewable energy in the south of Ukraine.
IKEA will open its first store in Kyiv in 2019. Ukraine will become one of the first markets, along with France, Britain, Denmark, the United States and China, on which IKEA will open a store in a new format. This will be an IKEA store smaller in size and located in the central part of the city, with the possibility of ordering goods online. (Ukrinform/Business World Magazine)