Business news from Ukraine

Business news from Ukraine

President Zelensky called on Italian businesses to invest in Ukraine’s economy

Ukrainian President Volodymyr Zelenskyy, speaking by video link to the participants in the conference on the reconstruction of Ukraine (Rome), called on Italian business to invest in the Ukrainian economy based on new security standards.
As the president stressed, Ukraine and its partners will have to prepare already this year the most ambitious economic project of modern times in Europe, in particular, the project for the reconstruction of Ukraine.
“Europe has not seen such destruction since World War II, which was brought to Ukraine by the Russian Federation. But it was after that war that Europe saw what real reconstruction yields and what growth brings. We are now on the cusp of no less opportunity. There is a demand in the world for new security standards so that every country can defend itself against any manifestation of aggression. We in Ukraine are creating such security standards,” Zelensky said.
The head of state called on representatives of Italian business and investors to join the reconstruction of Ukraine on the basis of new security standards in 5 key areas: energy, construction, technology, access to global markets and cooperation in pharmaceuticals and human rehabilitation.
Speaking of the energy sphere, Zelensky emphasized that now it is necessary to do everything to prevent the enemy from having even a theoretical opportunity to break the Ukrainian energy sector. The answer to this can only be its transformation and decentralization of energy production.
“The more green energy producers, the more resilient the system. The more sources of energy supply, the more reliably each city, community and family is supplied. Italy is one of the leaders in the creation of smart grids. I invite your companies to develop together the Ukrainian networks. Do not forget that in the near future Ukrainian networks will be the EU networks,” he said.
The President also noted that Ukraine has an enormous need to rebuild infrastructure on a new security basis, and therefore he invited Italian companies to plan, design and build together with Ukrainians.
In addition, he called on Italy to invest in the production in Ukraine of military equipment, which it receives from partners, in particular sea drones, UAVs, etc.
Also, according to the President, Ukraine to assist in the processing of its own resources with the subsequent entry into the global market. Which, in turn, will help to replace companies from Russia.
Finally, the last example of cooperation between Ukraine and Italy could be pharmaceuticals and rehabilitation of people affected by war.
Ukraine is a huge market for pharmaceutical products as well. Localization of production in our country gives a huge benefit. But the war has given a new level to this industry – we are talking about people who need rehabilitation after injuries and those whose lives are poisoned by post-traumatic disorders. We will work on this in Ukraine together with the best representatives in the world. Ukraine has a unique experience in defense of the state and people in the conditions of aggression. We invite Italy to build a new security together with us, we invite your business, investment and experience to come to Ukraine now”, – summarized Zelensky.

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