Greek entrepreneurs, particularly those in the construction and energy sectors, are eager to take center stage in the monumental task of rebuilding post-war Ukraine. At a recent event hosted by the Ministry of Foreign Affairs, which highlighted the challenges and opportunities in post-war Ukraine, Ukrainian officials reached out to Greek businesses, extending a formal invitation for their participation in the reconstruction efforts, particularly in revitalizing the country’s infrastructure.
Recent estimates from Ukrainian sources indicate that the cost of reconstruction has surged to 750 billion dollars, while figures from the European Investment Bank escalate the tally to a staggering1 trillion euros.
Greek businesses are finding investment opportunities across various sectors. During Ukraine’s reconstruction, the construction industry anticipates substantial growth, coupled with heightened demand for building materials. This trend opens avenues for Greek companies to engage in projects and investment ventures.
A noteworthy portion of Ukraine’s current exports is facilitated by Greek-owned fleets, comprising 37.24% of total ships departing from Ukrainian ports and carrying 53.11% of the country’s exported goods.
An initiative led by the Hellenic Federation of Enterprises (SEV) is already supporting eight Ukrainian startups, with plans to expand the hosting of more. Ukrainian firms exhibit remarkable dynamism, particularly in artificial intelligence, big data, energy, and healthcare, but they require enhanced access to funding for sustained expansion.
Given the extensive damage to Ukraine’s energy infrastructure and the imperative to reduce reliance on Russian energy, a transition towards Renewable Energy Sources (RES) is anticipated. Greece’s expertise in solar and wind energy presents opportunities for collaboration with Ukrainian partners.
Opportunities may also emerge for Greek companies to engage in environmental sectors, such as recycling, waste management, and irrigation, potentially through participation in public projects.
A recent conference in Stockholm highlighted the resilience of the Ukrainian economy as it looks towards the “post-war” era.
Ukraine’s Vision for 2030-2035 prioritizes agriculture, green energy transition, eco-friendly industrial practices like green steelmaking, and digitalization.
Numerous companies are eager to contribute to Ukraine’s reconstruction through collaborative efforts between the public and private sectors.
Πηγή: tovima.com
Latest News
Which Islands Will Have Italians Flocking to Greece this Summer?
Well-known Italian travel magazine details reasons why Skopelos, Naxos and Astypalaia are the go-to summer destinations for Italians
Antentokounmpo 5th Highest Paid Athlete in World
The basketball player rakes in 111 million dollars per year, between his salary at the Bucks and endorsements from big brands like Amazon, Nike and Pepsi
Greek FM Gerapetritis: Need to Immediately End Gaza Hostilities
Gerapetritis added that a humanitarian crisis was transpiring in Gaza, with the concerns now being spillover in the wider Middle East.
ETC Report: Greece 3rd Most Popular Destination for Europeans
Italy and Spain are tied as the top destinations, each attracting 8% of travelers
Greece Battles EC to Protect Rice Industry and Public Health
Together with several other EU countries, Greece successfully blocked the European Commission's proposal to increase allowable levels of a banned pesticide commonly found in rice imported from southeast Asia
Eurostat: 3.2% Annual Inflation in Greece in April
The data shows that Greece ranks seventh in overall inflation within the eurozone and second in food inflation
Intrum’s 2024 Report Unveils Greek Businesses Embrace Digitalization for Growth
Looking ahead, over 40% of businesses prioritize development for 2024, with 65% recognizing the potential of digital business models as sustainable investments
IOBE: Mild Drop in April Business Confidence Index (BCI) in Greece
The positive balance of expectations for employment witnessed a marginal decline, while the index for production forecasts also recorded a mild drop
Greek PM Mitsotakis Calls on EU to Intervene Over Multinationals’ Pricing Policy
Speaking about price fairness, the Prime Minister emphasized, "Europe should also mean similar or uniform prices for the products sold by our multinational corporations.
Greenhouse Gas Emissions: 4% Decrease in EU, 0.3% Rise in Greece in Q4 2023
The EU's GDP remained stable with a marginal 0.2% increase in fourth quarter of 2023