Ukraine develops cooperation with German businesses to increase investment

Source: Ukraine’s infrastructure ministry

The Ministry of Development of Communities, Territories and Infrastructure of Ukraine is deepening cooperation with German businesses to increase investments in reconstruction.

More than 40 representatives of German business joined the round table with the Ministry’s team.

The focus of the conversation is the participation of the German business in the reconstruction and modernization projects of Ukraine, ensuring transparency and accountability, and the use of digital tools.

‘We closely cooperate with the German government in matters of attracting German business, in particular, the insurance guarantee program for the safety of investments has been launched. At the same time, we are working on the development of public-private partnerships to support the economy and implement reconstruction projects,’ said Ukraine’s minister Oleksandr Kubrakov.

He also added that a few days ago a new stage of cooperation within the Business Advisory Group was launched. It is a platform for constant dialogue with private investors and local authorities to ensure better conditions for doing business and sustainable development of territories.

In addition, the Ministry of Infrastructure is currently working with the German side on preparations for the Ukraine Recovery Conference 2024 (URC2024).

A kamikaze drone flies directly toward an armored personnel carrier. But instead of penetrating the hull, it explodes on a steel screen. The crew survives. This is the new reality for Ukrainian forces, who have received enhanced protection thanks to the Metinvest project within “Steel Front of Rinat Akhmetov”.

To commemorate the third anniversary of the full-scale invasion, “Bukvy” has compiled data on the largest donors supporting the Armed Forces of Ukraine. Among them there are charitable foundations and businesses. The list includes, in particular, foundations that provide assistance exclusively from their own resources, without fundraising (such as SCM by Rinat Akhmetov, Epicenter, etc.).

In just 1.5 months, Ukrainian specialists have created an innovative protective shell for the control modules of anti-aircraft missile systems (AMS) Patriot and Iris-T SLM. This development was another step in strengthening Ukraine’s defense capabilities, aimed at protecting key elements of the air defense system from debris damage.

Military serviceman of the International Legion for the Defense of Ukraine with the call sign “Paradox” is the crew commander of the American M113 armored personnel carrier. He is a master at using it and is constantly improving, because the legionnaire’s skills are tested every day in battle. You have to drive to the front lines, often under artillery fire and drone attacks.

Notorious supporter of the concept “in order for a cow to eat less and give more milk, it needs to be fed less and milked more” “Servant of the People” Danylo Hetmantsev, under the guise of “business requirements”, registered a draft law on the collection of VAT on all foreign purchases, regardless of their value. In other words, every Ukrainian, buying goods of any value and purpose abroad, when sending them to Ukraine, will have to pay an additional fifth part, or 20% of the cost of the goods.