REUTERS
German investors are considering to set up a car parts production in Ukrainian city of Zhytomyr, the press service of the Ukrainian Ministry of Economic Development and Trade reported referring to a meeting of representatives of the Delegation of German economy in Ukraine with the ministry’s officials.
According to the report, the Delegation of the German economy in Ukraine noted a substantial progress made in facilitating business operations in Ukraine and expressed hope for that the German-Ukrainian Business Forum will be a success.
The representative of the Delegation of German economy in Ukraine Alexander Markus said he expected that the forum would be an additional impetus for the expansion of German business in Ukraine.
Read alsoUkraine drops foreign trade in motor cars to 15-year lowAs UNIAN reported earlier, the Japanese manufacturer of electrical equipment and spare parts Fujikura will also invest $6 million in construction of a plant in Lviv region.
The German-Ukrainian Business Forum, announced by German Chancellor Angela Merkel late April, is scheduled for October 23 and will take place in Berlin.