What is the situation for business in Ukraine? What are the future prospects for restoration, and what role can Norwegian businesses play? ...and most importantly how can your company get into position and claim your role of this effort?
"It is important that Norway takes a prominent role in helping Ukraine both in the short term and in contributing to the reconstruction once the war has ended. Our companies must contribute what they can. We already know that the Ukrainians will have major reconstruction needs in areas such as infrastructure and power and food production. There are areas where Norwegian companies have good expertise."
Ole Erik Almlid, administrerende direktør i NHO
NOCON is a facilitator and developer of projects and business opportunities in Ukraine and eastern Europe
NOCON recognizes that the Scandinavian construction industry is facing trouble – the residential markets in particular.
Looking for new markets and opportunities elsewhere, could help businesses within the construction sphere to mitigate these outsights.
We offer advice and support to companies looking to explore and enter the Ukrainian markets.
Social responsibility:
"NOCON is a contributor to Ukraine and surrounding regions´ recovery, by providing technical expertise, project management and sustainable solutions for business."
Ethics:
"For NOCON, there is zero tolerance for corruption and crime. If NOCON discovers or suspects such conduct in its work, the work must be stopped immediately and the company must raise the issue to the board, our network and partners."
Risk:
"Business development in Ukraine poses risks beyond any normal market. NOCON has the necessary knowledge and tools in place to mitigate and manage risks, and we will make sure our partners are equally equipped for their enterprises in and around Ukraine."
Ukraine is educated and technologically advanced to a level equal to any European nation.
Entering markets in Ukraine
"How could I ever enter a market this unknown? Won´t that be dangerous and risky? How would my assets and investments be covered if attacked? What about corruption?"
Despite full scale war in Ukraine – some areas are more exposed than other, but nowhere is all safe. Even in high intensity areas of conflict, business development continues.
NOCON is present, guiding you were to get insurance, investments guarantees, network and projects even in hostile environments.
The Ukrainian nation has made its decision on no-corruption and the EU accession process is the best proof of how far this nation already has come in dealing with this issue.
Business development in a country at war involves risk, however NOCON can be your business partner with in-depth knowledge about the situation on the ground and a solid network, supporting your business opportunities.
Ukraine is educated and technologically advanced to a level equal to any European nation, and the country is indeed open for business.
Ukraine is the second largest European country. Aside the hills and mountains of the Carpathians and Crimea it mainly consists of fertile flatlands. This is how Ukraine earned its reputation as the globe’s breadbasket.
Ukraine has experienced several waves of turbulence in the political sphere since its independence from the USSR in 1991, with the Orange Revolution in 2004 as a significant peak, and the final break-away towards Europe and democracy in 2013, which in the end led to Russian aggression from 2014 and eventually the full scale invasion of Feb-22.
Despite these challenges, Ukraine remains a nation of high education and technological advancement, rivalling any European counterpart.
The private sector has proved resilient and is climbing back to the pre full scale invasion level. However, most resources both human and financial are dedicated to fight back the aggressor, and foreign businesses are both welcome and needed to achieve goals.
Some estimates suggest that the recovery effort could exceed 750 billion USD. These are numbers difficult to grasp. The message from the Ukrainian Government is clear: “abundant opportunities exist for companies willing to contribute to Ukraine's recovery and progress – and especially those that contribute while the war is still ongoing.”
Dmytro Prymak, The Norwegian-Ukrainian Chamber of Commerce (NUCC)
Cooperation
Wikborg Rein, a leading global law firm offering full-service expertise to national and international businesses in public and private sectors.
In a time of great turbulence and much uncertainty, and in a business environment with high demands for adaptation, having good advisors is important.
NOCON NORWEGIAN CONSTRUCTION AS
Adr: Stokkamyrveien 22, 4313 SANDNES
E-post: post@nocon.no
Phone: +47 958 11 870NOCON is a Norwegian facilitator and developer of projects and business opportunities in and around Ukraine.
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