The Made in Ukraine platform presented in Sumy region
Yulia Svyrydenko
MADE IN UKRAINE
Together with the President of Ukraine, Volodymyr Zelenskyy, and the Head of the Office of the President of Ukraine, Andriy Yermak, we met with the region’s major producers to discuss the country’s opportunities, key issues and approaches to solving them.
Doing business in frontline regions deserves incredible respect and gratitude. Occupation, intense fighting and shelling — this is what businesses in Sumy region have endured and still face as their daily reality. During the war, more than 20 enterprises suffered significant damage totaling more than 14 billion hryvnias.
Despite regular shelling and risks, businesses there continue to operate. There are over 230 major companies in the region.
Last year, they almost reached pre-war levels of sales of industrial products. They continue to export goods abroad, including machinery, products, reconstruction materials, clothing and dozens of other products made in Sumy region.
During the visit to the region, several agreements were signed as part of this funding.
These include a significant government contract for defence needs with one of the region’s companies, as well as an agreement for a credit line of 26.5 million hryvnias under the government’s “5-7-9%” program in combination with insurance from the Export Credit Agency for an export contract. A grant of 8 million hryvnias was approved for one of the local manufacturers, and a veteran was awarded a grant to open his first business.
During the meeting, one of the businesswomen highlighted an important point: Sumy region shouldn’t be perceived as a place with risks and challenges for doing business, but as a place where businesses operate successfully and choose to stay because it is their contribution to supporting their home region.
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In times of full-scale war, we feel the importance of business more than ever — both for our economy and our resilience on the battlefield. Businesses and entrepreneurs are the ones without whom we wouldn’t have the resources to defend ourselves.
In 2023, entrepreneurs paid 26% more taxes and fees than in 2022. In monetary terms, this amounted to 1.2 trillion hryvnias for the past year.
This positive trend is crucial for us. I am sincerely grateful to the entrepreneurs who pay taxes and thus support our army. It’s something to be proud of. Something that deserves respect.
Now, “Made in Ukraine” is a community of businesses with a common goal and values. Businesses that operate ethically, foster domestic production and make Ukrainian products known worldwide. I know hundreds of examples of such businesses.
Currently, “Made in Ukraine” has evolved into a robust network of enterprises united by shared aspirations and principles. This collective encompasses companies that prioritize ethical business practices, champion local manufacturing, and are dedicated to elevating the global profile of Ukrainian goods.
These businesses are not only committed to fair and responsible operations but also actively contribute to the national economy by supporting the domestic workforce and utilizing local resources.
Their collaboration under the “Made in Ukraine” banner serves a dual purpose. Firstly, it underscores a commitment to quality and integrity within the Ukrainian market, reinforcing consumer confidence.
Secondly, it acts as a powerful marketing tool, creating a recognizable brand that represents a wide array of Ukrainian products on the international stage. By doing so, these businesses help to reshape global perceptions and foster a positive image of Ukraine as a source of high-quality and innovative goods.
INTERPIPE Kronospan Biopharma Plasma Centravis lifecell Ukraine Ощадбанк OKKO Нова пошта Ukrposhta Корпорація «АТБ» ArcelorMittal Kryvyi Rih Farmak Епіцентр К Vodafone Ukraine and hundreds of other enterprises — you certainly have much to be proud of. Share your experience, tell us about your contribution to supporting the budget and our economy.
Let’s start a campaign hashtag#TaxesForFreedom, where we’ll showcase as many valuable Ukrainian businesses as possible that support our economy.
28-03-2024
Yulia Svyrydenko is the First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine
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