• Українською
  • Security and stability in Europe are impossible without stability in Ukraine: Yuliia Svyrydenko in Davos
    Ministry of Economy of Ukraine, posted 22 January 2025 17:56

    First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko met with about a hundred CEOs of the largest global companies and world leaders as part of the CEOs for Ukraine panel discussion chaired by President of Ukraine Volodymyr Zelenskyy at the World Economic Forum in Davos.

    The meeting was attended by CEOs of key players in the energy, finance and investment, insurance, banking, telecommunications and technology, logistics and transport, healthcare and pharmaceuticals, cybersecurity, and other sectors of the global economy. Among others, the event was attended by Belgian Prime Minister Alexander De Croo, Swedish Prime Minister Ulf Kristersson and French Minister for Europe and Foreign Affairs Jean-Noël Barrot.

    “Some companies are already actively working in Ukraine, showing the world that war is not an embargo on investment. Today, the focus of the discussion is primarily on the private sector’s involvement in providing long-term security guarantees for Ukraine. I have repeatedly heard that without security guarantees, some investors are afraid to enter our market. Without security guarantees for Ukraine, significant investments will not come not only to our country, but to the entire region, which lives with the daily risk of a potential military attack by russia,” said Yuliia Svyrydenko.

    According to her, the common task of governments and the private sector today is to ensure the security and stability of Europe, which is impossible without the stability in Ukraine.

    “Today, business, along with world leaders, has the power to change the global order. Ukraine, for its part, is ready to provide all the support tools for those who want to invest in our country: from compensation programmes, tax benefits, to expanding privatisation and public-private partnerships. All of this is already working,” said Yuliia Svyrydenko.

    Despite the war, global companies are investing in Ukraine. At the World Economic Forum in Davos, DTEK Group and Denmark’s Vestas, the world’s leading wind turbine manufacturer, signed an agreement to build the second phase of the Tyligulska wind farm in Mykolaiv region. The project is worth EUR 450 million.