September 29 ‒ October 3, 2025
Dear friends of Ukraine,
at our Back-to-Business Reception this week, there was a palpable sense of optimism in many of the conversations. The Ukrainian strikes against Russian oil processing facilities certainly played a major role in the positive mood. We were also delighted to welcome Ambassador Heiko Thoms to the event. We are pleased to have Heiko Thoms, a top diplomat with expertise and interest in the country's economy and businesses.
The government wants to privatise two large banks – Ukrgasbank (No. 7 in Ukraine in terms of assets) and Sens Bank (No. 9). Ukrainian banks were a haven of stability during the war. However, given the strong role of the state in the banking sector, we welcome the opening up of the market and see opportunities for investors.
There are also investment opportunities in the raw materials sector. The Ukrainian investment group BGV is convinced that its beryllium project will pay for itself after only five years – much faster than usual. At the same time, the government is planning new auctions for 11 licences. Ukraine is thus increasingly developing into a location for investments in raw materials.
On a personal note: On 27 November, we will be presenting the German-Ukrainian Business Awards for the second time – and we would be delighted if you could join us for the dinner on the occasion of the award ceremony.
Greetings from Kyiv
P.S.: Please send feedback to nataliia.hryshchenko@ukraine.ahk.de and / or reiner.perau@ukraine.ahk.de.
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