Icon
Come back

2 min

29 Jul. 2024

4643

Foreign investment in Ukraine is growing: who invests the most in Ukrainian companies?

Finance
BusinessUA
For foreigners in UA
Ukraine
Foreign investment in Ukraine is growing: who invests the most in Ukrainian companies?

Foreign direct investment in Ukraine is growing even during the war. Find out more about the current investment climate and prospects, as well as who is investing in Ukrainian companies and what challenges investors face

Legal assistance in starting and doing business in Ukraine
Legal assistance in starting and doing business in Ukraine
GET


In 2023, the volume of foreign direct investment (FDI) in Ukraine exceeded the figures of some pre-war years. And in January-May 2024, net FDI inflows to Ukraine amounted to $2.2 billion, of which $1.5 billion was reinvestment of earnings. For comparison, in the same period in 2023, FDI inflows amounted to $2.1 billion.

At the same time, according to the NBU, as of the end of the first quarter of 2024, the total volume of foreign direct investment in Ukraine amounted to $55.8 billion.

We told you where Ukrainians invested in 2024 in this article.

Foreign investment statistics and investment climate in Ukraine


Despite the increase in investment in 2023, most of the funds are reinvested earnings of foreign companies already operating in Ukraine. The European Business Association assesses the investment climate in Ukraine as restrainedly negative. Most foreign investors are currently observers, in part because of the high risks involved.


We have described in detail how to obtain a permanent residence permit in Ukraine through investments in this article.


Sources of foreign investment: from which countries do they invest the most?


According to delo.ua, the largest amount of foreign direct investment in 2024 came from the following countries:

– The Netherlands - $1.19 billion.

– Cyprus - 1.13 billion dollars.

– The United States - $361 million.

– United Kingdom and Ireland - $297 million.

– Luxembourg - $284.5 million.

– Austria - 276.8 million dollars.

– France - 263.7 million dollars.

– Poland - $191.6 million.

– Switzerland - $189.2 million.

– Hungary - $101.9 million.

It should be noted that since the beginning of the war, foreigners have established more than 2,600 companies in Ukraine. Read this article to find out who most often starts a business.




Visit Ukraine on social media: Telegram | YouTube | Instagram | Facebook | Twitter | TikTok




What are the challenges for businesses and investors in 2024?


It is clear that the main challenges for business in Ukraine are currently related to military risks. Other key issues include stable energy supply, employee safety, asset preservation, labor shortages, rising prices for raw materials and energy, high logistics costs, and lack of affordable financing.

To find out what industries foreigners consider the most profitable and what risks stop them from investing there, please follow the link.

Prospects for investing in Ukrainian companies


Despite the risks, foreign investors see prospects in Ukraine. And government support for projects with significant investments, particularly in energy, transportation, agriculture, and critical materials, helps attract investment.

So, despite the difficult situation, Ukraine continues to attract the attention of foreign investors who see great opportunities for development. Government support, a favorable investment climate and prospects for recovery from the war create conditions for further growth of investment in Ukraine.

If you need advice on various issues related to starting and running a business in Ukraine, including attracting foreign investment, we recommend that you seek professional help. Visit Ukraine lawyers will help you with all the nuances and pitfalls. To apply for a consultation, please follow the link.

We remind you! A study was conducted in Ukraine on the number and type of businesses with foreign capital. Read our previous article to find out which regions have the most such organizations and where investments come from.

Photo: Freepik


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.






Ihor Usyk is the Head of Legal Department at Visit Ukraine


If you want to start your own business in Ukraine, you can get advice from my colleagues.
Professionals in the field of business law will help with all the nuances and problems.




We recommend purchasing it for a safe and comfortable trip to Ukraine: 


Visit Ukraine Insurance – safe travel in Ukraine (insurance covering military risks);

Visit Ukraine Legal advice – comprehensive legal support on entry to Ukraine;
Visit Ukraine Tickets – bus and train tickets to/from Ukraine;

Visit Ukraine Tours – the largest online database of tours to Ukraine for every taste;

Visit Ukraine Hotels – hotels for a comfortable stay in Ukraine;

Visit Ukraine Merch – patriotic clothing and accessories with worldwide delivery.




© 2018-2024, Visit Ukraine. Use, copying or reprinting of materials on this site is permitted only with a link (hyperlink for online publications) to Visit Ukraine.

All rights reserved.

Recommended articles

2 min

For foreigners in UA Why do foreigners invest in Ukraine and what sums are involved?

Why do foreigners invest in Ukraine and what sums are involved?

The Ukrainian investment market continues to attract the attention of foreign businessmen. In particular, last year the volume of foreign investment in Ukraine exceeded the figures for certain periods before the conflict. Find out more about the reasons for the interest of foreigners in investing in Ukraine and the amount of money involved

26 Apr. 2024

More details

2 min

War Obstacles to business during the war: what do entrepreneurs fear most?

Obstacles to business during the war: what do entrepreneurs fear most?

For the first time since the beginning of the full-scale invasion, the majority of businesses named insecurity as the main obstacle to doing business. Find out what else entrepreneurs consider to be serious obstacles and how their attitudes have changed recently

21 May. 2024

More details

2 min

War What businesses were most often closed in Ukraine during the full-scale war?

What businesses were most often closed in Ukraine during the full-scale war?

Last year, just over 4,000 companies were closed in Ukraine, which is half as many as in 2021, but the quantitative figure does not reflect the full picture. Find out which businesses were most often closed during the war and which Ukrainian cities are leading in terms of the number of liquidated companies

02 Jun. 2024

More details

1 min

Finance Available loans in Ukraine: how many funds for business development did entrepreneurs receive during martial law

Available loans in Ukraine: how many funds for business development did entrepreneurs receive during martial law

During the entire period of operation of the program "Affordable loans 5-7-9%" in Ukraine, Ukrainian businesses received preferential loans in the amount of 317 billion hryvnias. Find out how the state supports small and medium-sized businesses and who can receive payments

22 Jul. 2024

More details