Build your wealth in Ukraine

What a miracle may cause currency devaluation. All of a sudden, just during few weeks at the beginning of 2009, everything in Ukraine ( goods and services, stocks and other assets, real estate and resources) became at minimum 50% cheaper in terms of dollars.

This is important for firms, trading with Ukraine, investing in Ukraine or utilizing local facilities.

International Trade

Firms, looking for suppliers internationally, can enjoy favorable pricing in Ukraine. Machines, spare parts, natural resources, agriculture production, metals, chemical products and many other goods are exported more actively than ever. And vice-versa, Ukrainian businesses, which is dependant on import, feels difficulties with selling their products on domestic market.
It would be also a good idea to visit Ukraine these days. Apartments, transfers, restaurants, excursion and translation services are paid in Ukrainian Hryvnya and therefore are much cheaper comparing to 2008.
Notably, that having troubles with liquidity Ukrainian suppliers and service providers are very amendable in terms of payment condition (discounts, payment delays and so on).

Investments

It is also right time to buy assets, such as commercial real estate, precious metals, ready-made businesses etc. If you are about to open production in Ukraine, you will enjoy great number of inexpensive workforce, as well as cheap equipment and resources. Almost any midterm investments in Ukraine will look attractive these days as the cost can be reduced to minimum.
There are especially good conditions for small niche production, export-oriented production, IT&T, health care and energy-saving sectors.

Outsourcing

Ukraine has many flexible production facilities, which can be outsourced by foreign companies. The idea of producing cheaply in Ukraine and selling in EU seems to be very smart and actual today. German, Italian, French and Dutch firms are successfully cooperating with local manufacturers on producing clothes, bags other hand-made products.
Ukrainian legislation is clearly regulating tolling schemes, making them widely and successfully used. It is noteworthy, that Western Ukraine takes leads in outsourcing for foreign firms due to the closeness to eastern borders of European Union.