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Polish entrepreneurs disaprove cancellation of privileges for foreign investors

Posted by the Editor on May 11, 2005


News / 11 May 2005 | 16:01

Polish entrepreneurs disaprove cancellation of privileges for foreign investors

Volume of Polish direct investments into Ukrainian economics will soon make 200 million USD. The data were promulgated during forum "Expo-Vostok 2005", which took place yesterday in Warsaw. At the same time, participants of the conference criticized sudden cancellation of privileges for foreign investors in Ukraine, KID reported.

The amount of Poles’ investments into Ukrainian economics exceeds investments into Russian by two and a half times. Representative of the "Inter Groclin" enterprise, which specializes in spare parts for cars, complained that his Company even did not have time to make use of the privileges, granted by Zakarpatie special economical zone.

As 70 Polish companies act in economical zones (900 in total in Ukraine), Anna Skowronska-Luczinska, trade advisor of Polish Embassy in Ukraine, states that Ukraine, being an unpredictable country, loses trust due to such sudden decisions.

Marian Overko, the owner of Uno Freso Tradex Ukraina Company, located in Zhitomir, thinks that those, who invested into enterprises in economical zones, must be granted with compensation from Ukrainian Government.

Now Poles establish consortium that will assist in marketing, organization, distribution and logistics.

ForUm

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