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EBA member companies have announced over USD 3 billion in large-scale investments since 2022

30/ 04/ 2025
  The European Business Association has published the first twenty businesses included in the «Investment Leaders» list. «Investment Leaders» is an open list of the EBA member companies that have been implementing large-scale investment projects – valued at USD 10 million or more – since the full-scale invasion. By their example, these companies demonstrate that Ukraine remains an attractive country for investment despite the war and its associated challenges. Since 2022, the EBA member companies have announced more than USD 3 billion in large-scale investments. Of this total, USD 287 million represents completed projects, USD 2.57 billion is currently under implementation, and USD 172 million is planned. In particular, the following projects and companies have been included in the list: ArcelorMittal Kryvyi Rih – Mining, steel operations and infrastructure investments as part of company efforts to support competitiveness and H&S improvement of labor conditions during  the war – USD 325 million Bayer – Seed Plant Expansion – EUR 60 million Biosphere Corporation – Acquisition of the Alufix brand – USD 10,6 million Cersanit Invest – Reconstruction and expansion of production workshops – USD 16 million City One Development – Float glass production plant – USD 140 million DTEK – Tyligulska wind power plant – EUR 650 million Elementum Energy – Dnistrovska Wind Farm (Phase 2) – USD 110,5 million EPAM Systems – Office complex – USD 50,8 million Knauf Gips Kyiv – Building materials production plant – EUR 150 million Kyivstar – Investments in the development and restoration of Ukraines digital infrastructure 2023-2027 – USD 1 billion McDonald’s Ukraine – Opening of new and renovation of existing McDonalds restaurants – USD 85,6 million NEQSOL HOLDING – Privatization of the JCS United Mining and Chemical Company – USD 96 million Nestlé Ukraine – New instant noodle production plant – USD 45 million Philip Morris International – Launch of a new production facility – USD 30 million Podilskyi Cement JSC (CEMARK) – Сomplex for the shipment of cement – USD 34 million Saint-Gobain Construction Products Ukraine – Rigips Plant – EUR 11 million Ukrtelecom – Modernization/replacement of copper infrastructure with modern optical infrastructure – USD 20 million Unilever – Personal care products manufacturing factory – EUR 20 million Ventilation System (VENTS) – Expansion of production capacities and product range – USD 13,2 million ZAMMLER UKRAINE – Development of a class-A logistics complex – USD 34 million The first companies on the list were announced as part of a special European Business Association event held on the occasion of Europe Day. Ukraine’s European movement opens new opportunities for business in Ukraine and enhances our country’s investment attractiveness. By investing in Ukraine, you are investing in a future EU member. Anna Derevyanko. Executive Director of the European Business Association. Ukraine remains open for investment, and we are grateful for every company that continues to operate and invest in our country′s development. According to the ЕВА surveys, 70% of the EBA member companies remain committed to investing in Ukraine despite the ongoing war. Also, 16% plan new large-scale investment projects in 2025. In this way, these companies not only support the economy but also set an example of responsible and strategic business practices for other market participants and potential investors. The «Investment Leaders» list will be regularly updated and expanded with new investor companies. This project helps track the contribution of business to Ukraine’s development and reconstruction, and also showcases Ukraine’s investment potential to international partners. Applications to participate in the project can be submitted via the form.

The European Business Association has published the first twenty businesses included in the «Investment Leaders» list.

«Investment Leaders» is an open list of the EBA member companies that have been implementing large-scale investment projects – valued at USD 10 million or more – since the full-scale invasion. By their example, these companies demonstrate that Ukraine remains an attractive country for investment despite the war and its associated challenges.

Since 2022, the EBA member companies have announced more than USD 3 billion in large-scale investments. Of this total, USD 287 million represents completed projects, USD 2.57 billion is currently under implementation, and USD 172 million is planned.

In particular, the following projects and companies have been included in the list:

  • ArcelorMittal Kryvyi RihMining, steel operations and infrastructure investments as part of company efforts to support competitiveness and H&S improvement of labor conditions during  the war – USD 325 million
  • BayerSeed Plant Expansion – EUR 60 million
  • Biosphere Corporation Acquisition of the Alufix brand – USD 10,6 million
  • Cersanit InvestReconstruction and expansion of production workshops – USD 16 million
  • City One DevelopmentFloat glass production plant – USD 140 million
  • DTEKTyligulska wind power plant – EUR 650 million
  • Elementum EnergyDnistrovska Wind Farm (Phase 2) – USD 110,5 million
  • EPAM SystemsOffice complex – USD 50,8 million
  • Knauf Gips KyivBuilding materials production plant – EUR 150 million
  • KyivstarInvestments in the development and restoration of Ukraine’s digital infrastructure 2023-2027 – USD 1 billion
  • McDonald’s UkraineOpening of new and renovation of existing McDonald’s restaurants – USD 85,6 million
  • NEQSOL HOLDINGPrivatization of the JCS United Mining and Chemical Company – USD 96 million
  • Nestlé UkraineNew instant noodle production plant – USD 45 million
  • Philip Morris InternationalLaunch of a new production facility – USD 30 million
  • Podilskyi Cement JSC (CEMARK)Сomplex for the shipment of cement – USD 34 million
  • Saint-Gobain Construction Products UkraineRigips Plant – EUR 11 million
  • UkrtelecomModernization/replacement of copper infrastructure with modern optical infrastructure – USD 20 million
  • Unilever Personal care products manufacturing factory – EUR 20 million
  • Ventilation System (VENTS)Expansion of production capacities and product range – USD 13,2 million
  • ZAMMLER UKRAINEDevelopment of a class-A logistics complex – USD 34 million

The first companies on the list were announced as part of a special European Business Association event held on the occasion of Europe Day. Ukraine’s European movement opens new opportunities for business in Ukraine and enhances our country’s investment attractiveness. By investing in Ukraine, you are investing in a future EU member.

Anna Derevyanko Executive Director of the European Business Association
Ukraine remains open for investment, and we are grateful for every company that continues to operate and invest in our country′s development. According to the ЕВА surveys, 70% of the EBA member companies remain committed to investing in Ukraine despite the ongoing war. Also, 16% plan new large-scale investment projects in 2025. In this way, these companies not only support the economy but also set an example of responsible and strategic business practices for other market participants and potential investors.

The «Investment Leaders» list will be regularly updated and expanded with new investor companies. This project helps track the contribution of business to Ukraine’s development and reconstruction, and also showcases Ukraine’s investment potential to international partners. Applications to participate in the project can be submitted via the form.

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