Wednesday, August 30 2017 21:33 EEST
Business
President opened new facilities of a plant in Lviv region: This is the introduction of European business principles
President,  Opened, Facilities, Plant, Lviv, European

In the course of the working trip to Lviv region, President Petro Poroshenko took part in the opening of new facilities of “Electrocontract Ukraine” plant. “I’d like to thank the investor, the leadership of Nexans for their trust and choosing Ukraine as a very reliable platform for business development,” Petro Poroshenko said.

“French company Nexans, which introduces unique standards from social responsibility of business to unique quality characteristics, has made a decision to invest in Ukraine to supply goods for BMW,” the President said.

According to him, investors allocated more than 10 million euros in the equipment of the plant. At the same time, he noted that the plant was built by the Ukrainian companies. “This is another confirmation of changes in the country,” the President noted.

The President emphasized the importance of the entry into force of the Association Agreement between Ukraine and the EU that will take place on September 1 and open new opportunities for national producers. He added that the volume of foreign investments in our country is growing steadily against the backdrop of Ukraine’s positive rating recently published by reputable international rating agencies.

“Ukraine demonstrates economic growth over the last 5-6 quarters,” Petro Poroshenko informed.

The Head of State thanked investors who allocated 58 million dollars in Lviv region last year. 12 thousand new jobs were created. “Despite extremely unfavorable circumstances, investors are showing solid faith in Ukraine,” the President said.

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