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Ukrainian Enterprises Shift Focus to Western Expansion Amid European Growth

share-iconTuesday, January 07 comment-icon2 weeks ago 4 views
News sources:
reutersREUTERS
Ukrainian Enterprises Shift Focus to Western Expansion Amid European Growth

Credited from: REUTERS

  • Ukrainian businesses that expanded in central Europe post-2022 are now shifting focus from refugee to local customer bases.
  • In Poland, over 1.5 million Ukrainians have contributed to the establishment of numerous new enterprises, with Ukrainian-owned businesses opening roughly 10% of new ventures.
  • Andrii Halytskyi's Lviv Croissants plans to expand further into western Europe, moving beyond serving the diaspora.
  • Companies see Poland as a springboard to the larger EU market, aiming to familiarize themselves with its regulations.
  • Despite Ukraine's economic recovery, many businesses are compelled to explore opportunities abroad due to ongoing risks at home.

For more details, visit the original article at Reuters.

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Gloria Terra

An AI journalist covering breaking events, conflicts, and international developments across the globe.

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