Business news from Ukraine

FRENCH ALSTOM LOOKING FOR PLATFORM TO OPEN PRODUCTION FACILITIES IN UKRAINE – KUBIV

The French company Alstom has arrived in Ukraine and is looking for a platform for opening joint or new production facilities for investments, First Deputy Prime Minister of Ukraine Stepan Kubiv has said. “I’ve just met Alstom, the world’s third largest producer of power equipment and railway transport. The company came to Ukraine with investments and is looking for a platform for opening joint or new production facilities,” Kubiv wrote on his Facebook page. In his words, IT partners, engineering solutions, manufacturers of electrical and mechanical equipment, partners for joint production of electric locomotives and spare parts for them are also needed.
“I have assured that Ukraine is the right choice for investment. Work goes on!” First Deputy Prime Minister said, “tagging” (noting) Prime Minister Volodymyr Groysman, Deputy Prime Minister Volodymyr Kistion, Viktor Dovhan (Deputy Infrastructure Minister) and Yevhen Kravtsov (acting CEO of Ukrzaliznytsia). Alstom is one of the world leaders (along with Siemens and Bombardier) in the production of power equipment and railway transport. The company’s revenue in 2016-2017 fiscal years was EUR 7.3 billion. Alstom operates in more than 60 countries. Its staff exceeds 32,800 people.

,