UkraineInvest Opens Office in Ivano-Frankivsk

On June 6, UkraineInvest opened its first regional office in Ivano-Frankivsk to provide local support and improve communication and coordination between investors and local authorities in the region, as well to increase coordination between Kyiv and the regions.

The office will cover seven regions – Chernivtsi, Ivano-Frankivsk, Lviv, Rivne, Ternopil, Volyn, and Zakarpattia.

Oleh Doskach has been named as manager of the office; Bohdan Kindratskiy and Yuriy Vengrynyuk join as Relationship Managers working with investors.

The official event that ‘launched’ the office included a business networking meeting with foreign investors who operate in Western Ukraine, a press briefing and a round table arranged at the Ivano-Frankivsk regional state administration. The event was attended by Danial Bilak, Director of UkraineInvest, along with senior regional administration members.

New investors to Ukraine are seeking a number of factors when considering location:

  • support or progressive regional political leadership
  • favorable geographic location & local infrastructure
  • a readily available pool of high quality human capital

The Western regional office of UkraineInvest stands ready to help new investors take advantage of all the business opportunities the western regions of Ukraine have to offer.

Various business sectors have already begun to prosper with “clustering” in specific regions of the country, particularly in the Western Region.  The growing automotive parts manufacturing cluster is one example of growth in this region that will be supported by the new office.

The opening event was covered by local and national media.

EDGE (Expert Deployment for Governance and Economic Growth) provides technical and financial assistance for the initiatives of UkraineInvest in the regions.