Kuleba calls on Danish business to invest in Ukraine: Security situation is under control

Minister of Foreign Affairs of Ukraine Dmytro Kuleba has assured Danish business that there are currently no reasons to reduce or curtail investment projects in Ukraine as the security situation remains under control.

Kuleba made a corresponding statement at a meeting with members of the Confederation of Danish Industry, Ukrinform reports with reference to the Foreign Ministry's press service.

"Dmytro Kuleba informed Danish business in detail about the implementation of a number of important reforms in Ukraine and the positive dynamics of economic indicators. He assured that today there were no reasons to reduce or curtail investment projects in our country as the security situation remained under control," the statement reads.

The minister pointed out a significant increase in bilateral trade between Ukraine and Denmark in recent years despite the negative effects of the pandemic.

He welcomed the intention of Danish investors to increase investment in Ukraine's economy, which will help strengthen economic and financial stability in our country.

In this context, he mentioned the decision of Hjort Knudsen, the Danish manufacturer of designer furniture, to build a modern production facility near Rivne with a total cost of more than 12 million euros. This project will create about 1,000 new jobs.

Kuleba presented Ukraine's great investment opportunities, in particular in the fields of infrastructure, shipbuilding, food industry, agriculture, IT services, renewable energy, energy efficiency, and aerospace industry.

The Ukrainian foreign minister invited Danish IT companies to take part in the Diia Summit in Kyiv on February 8 to get acquainted with the new e-services and special legal regime for IT industry created by Diia.City.

According to the Ministry of Foreign Affairs, the Confederation of Danish Industry is the most influential business association in Denmark as it represents the interests of more than 19,000 medium-sized and large Danish companies.

Among others, the meeting was attended by senior management of such international Danish companies as A.P. Moller Maersk (container shipping), Vestas (wind turbine production), Novo-Nordisk (pharmaceuticals).