UKRAINE: EUROPEAN EMERGING TIGER

DOING BUSINESS IN UKRAINE

Edition 1

WHY UKRAINE

BACKGROUND

INTRODUCTION

GOVERNMENT STRUCTURE

MACROECONOMIC SITUATION

FINANCIAL AND BANKING SYSTEM

CURRENCY OPERATIONS AND CURRENCY CONTROL

INVESTMENT CLIMATE

TAX SYSTEM

POSESSION OF LAND IN UKRAINE

BUSINESS CLIMATE


Edition 2


Why Ukraine

- Ukraine is the second largest country in Europe
- In terms of population, Ukraine ranks fifth in Europe (after Germany, Italy, Great Britain and France) and twenty-first in the world.
- Ukraine has the largest consumer market in Eastern Europe
- Ukraine is an ideal platform for manufacturing and export in Russia and EU
- Due to the World Bank researches Ukrainian the economic growth could reach 7% in 2006 and 10 % in 2007
- In 2005 Ukraine was rated 4th in terms of the number of certified IT specialists by Brainbench
- The Human Capital Index – 0.810 (ranked 27 among 119 countries, high level)
- Ukraine has the 2nd after Byelorussia transportation ability index on the European continent
- Creation of big transparent monocrystals of synthetic diamonds with minimal defects, colouring and optical properties of witch can be controlled
- AT Kearney has put Ukraine on the 4-th place for its investment attractiveness in the retail business
- 56% of Ukraine’s land is arable and 1/3 of the world’s “black soil” is found in Ukraine
- Antonov factory which is located in Ukraine, manufactures the biggest planes in the world AN- 225 “Ruslan” and “Mrya”



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