Business news from Ukraine

Business news from Ukraine

RELOCATION IN UKRAINE WAS COMPLETED BY 601 ENTERPRISES

30 May , 2022  

601 enterprises have completed relocation from areas where hostilities continue under the state relocation program, 390 of them have already resumed work at new sites in the western regions of Ukraine, the Ministry of Economy reported.

“Another 87 enterprises are at different stages of transportation. Soon another 151 enterprises will move, which are currently on the routes or draw up the necessary documents,” the information on the ministry’s website says.

According to it, the most popular areas for relocation of enterprises are Zakarpattia, Lviv and Chernivtsi. The business also finds new places to locate its facilities in Ternopil, Ivano-Frankivsk, Vinnitsa and other regions.

The movement of equipment is carried out by the facilities of Ukrzaliznytsya, Ukrposhta or by its own resources (with compensation), reminds the Ministry of Economy.

As reported, the program to move Ukrainian production from the zone of active hostilities started in mid-March. According to the head of the parliamentary committee on finance, tax and customs policy of Ukraine, Danila Getmantsev, as of March 27, 1,120 applications were received under the evacuation program, of which 368 were transferred for transportation. By this date, the number of displaced enterprises under the evacuation program has reached 89, of which 47 have already resumed work in a new location.

The Ministry of Economy then updated the data as of April 5: the number of applications for relocation increased to 1424, relocated enterprises – up to 178, resumed work – up to 67.

According to the Ministry of Economy, as of May 12, the number of displaced enterprises increased by 510, a