A year to the day since Russia launched its devastating invasion of Ukraine, western companies are being urged to be part of the country’s recovery.
“Ukraine is open for business,” Andy Hunder, president of the Kyiv-based American Chamber of Commerce in Ukraine, told MarketWatch. Western companies, he said, should be looking to be part of “the biggest recovery of a nation in Europe since World War II.” “More romantic than McMenu with a loved one — only McMenu by candlelight,” tweeted McDonald’s Ukraine on Oct. 27, 2022, in a wry reference to the power cuts that have followed Russia’s attacks on Ukraine’s energy infrastructure.
Hunder acknowledged the reality of doing business in Ukraine, such as dealing with power cuts and air raids. “When we’re in our office we have to go down to the underground car park and wait until the air raid sirens are off,” he said. A Mondelez International Inc. MDLZ factory in Trostyanets that produced Oreos is one of the facilities that suffered significant damage in the war. Trostyanets, near Sumy in northeast Ukraine, was the scene of fierce fighting at the start of the war, before its recapture by Ukrainian forces.
A business resilience survey of American Chamber of Commerce in Ukraine members conducted by the Chamber and McKinsey & Company found that, while the war has placed a massive toll on Ukrainian business, companies have shown strong resilience, with some even finding growth opportunities. Some 47% of respondents experienced a sales decline, with agriculture, retail, mining and metallurgy the most hit.
But it’s a war zone. I don’t get it this is confusing.
Ukraine is open for corruption. It’s a money laundering enterprise for the Biden crime family and other members of the uniparty. The FTX scandal is just one way money was laundered.
hell no
Did I miss the withdrawal of Russian troops? Term limits for Congress!
Huh
American companies might consider it but Biden took an extra 15% from them…
Excuse me? Could I have a Big Mac with fries?
Make make 💰💰💰💰💰
We’re trying to participate in our own recovery. We’ve sent more than enough money to Ukraine.