Business news from Ukraine

GERMAN-UKRAINIAN CHAMBER OF COMMERCE AND INDUSTRY OPENS IN KYIV

12 October , 2016  

KYIV. Oct 12 (Interfax-Ukraine) – The Ukrainian-German Chamber of Industry and Commerce was officially opened in Kyiv on Tuesday by Deputy Prime Minister of Ukraine Hennadiy Zubko and State Secretary at the Federal Ministry for Economic Affairs and Energy Matthias Machnig.

“The German-Ukrainian Chamber of Industry and Commerce is another important element in a large mosaic of bilateral relations and contacts between the two countries, which are constantly expanding and intensifying,” Machnig said.

He stressed that Germany believes in Ukraine and continues to provide financial and technical assistance to the country.

He also called on Ukraine to continue reforms, in particular the land reform, which will allow foreign investors to strengthen their presence in the country.

As reported, the agreement to set up the German-Ukrainian Chamber of Industry and Commerce was signed in Berlin on October 23, 2015, and ratified by the Verkhovna Rada on March 16, 2016.

The chamber will coordinate economic operations of its members, present their interests and provide services to them, support companies and organizations that are not chamber members.

The chamber is a voluntary union of companies, directly or indirectly participating in Ukrainian-German relations. Its members are Basf LLC, Linde Gas Ukraine, Henkel Bautechnik (Ukraine), Leoni Wiring Systems UA GmbH, Otten Consulting, Deutsche Bank DBU, Siemens Ukraine, Robert Bosch, AKW Ukrainian Kaolin Company, Klingspor, Knauf Gips Kyiv, Delta Projektconsult Ukraine, Umwelt Ukraine, Metro Cash & Carry Ukraine, MNS Group, Elme Messer Ukraine, Roedl & Partners and HPC Ukraine of HPC Hamburg Port Consulting GmbH.

Managing Director at BASF Ukraine Andreas Lier has become president of the German-Ukrainian Chamber of Industry and Commerce. It consists of five committees – that on industry, banking and financial services, tax and accounting, construction industry, energy efficiency and law.

The chamber is integrated into a worldwide network of German Chambers of Commerce abroad, which consists of 130 offices in 90 countries. The umbrella organization of the chambers is the German Association of Chambers of Industry and Commerce (DIHK).