About past, present and future of Ukraine

Search mobile

Main Business Over 3,000 foreign companies have established operations in Ukraine during the ongoing war

Business

Over 3,000 foreign companies have established operations in Ukraine during the ongoing war

285
Over 3,000 foreign companies have established operations in Ukraine during the ongoing war

Share this article

Since the beginning of the full-scale war, 3,075 companies have been established in Ukraine by foreigners. In total, citizens from 101 countries have opened businesses in Ukraine despite the ongoing conflict, reports OpenDataBot.

Turkish citizens lead in business registrations, with 396 companies, or 12.9% of the total. They are followed by citizens of Uzbekistan, who own 312 businesses (10.1% of the total). Polish citizens round out the top three with 224 businesses, or 7.3%. The top 10 also includes citizens from the USA, Kazakhstan, Germany, Azerbaijan, Israel, the UK, and China. Note that a single company may have more than one owner.

Nearly half of all foreign-owned companies are registered in Kyiv, totaling 1,517. In the capital, Uzbek citizens are the most frequent business founders, with 175 companies.

Lviv region follows with 460 businesses, where Polish citizens are the most common founders, with 105 companies. Odessa region is also notable with 273 companies, mostly established by Turkish citizens, totaling 99 businesses.

 

 

The largest number of foreign-owned companies are involved in wholesale trade (30.7%), real estate operations (6.7%), and computer programming (5.8%).

The largest foreign-owned business established since the onset of the full-scale war is 'TENS1MA,' with a charter capital of 1.28 billion UAH, owned by an Armenian citizen.

In second place is 'Closed Non-Diversified Venture Corporate Investment Fund 'Yugen'' with a charter capital of 700 million UAH, owned by an American citizen.

Rounding out the top three is 'LFS LLC,' founded by a Polish citizen, with a charter capital of 300 million UAH.

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...