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Last Events

Direct Foreign Investments Up By 23.4% To USD 36.5 Billion In H1
In January-June 2007, the volume of direct foreign investments in the Ukraine's economy rose by 23.4% or USD 6,918.1 million, and amounted to USD 36,450.9 million as of July 1, 2008.
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The Land Auction Will Take Place on September, 23
On 23 September 2008,will be conducted land auction for assignment of rights to rent a land plot for creation of Regional Industrial Park.
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Dynamic and Growing Economy

Positive macroeconomic indicators and a strong growth in demand make the Ukrainian market an attractive choice for investors, and Rivne region is the perfect place for entering the market.

Regional industry growth rates are markedly higher than the national average. During 2004-2007, the growth rates of the regional industry made on average 12.3% every year.

 

2004

2005

2006

2007

Rivne region

14.6

13.3

8.9

12.2

Ukraine

12.5

3.1

6.2

10.2

Export growth is an important factor of economic development of the region. In 2007, export of goods increased by 32%. The largest shares of goods structure belong to production of chemical industry (organic chemical compounds, fertilizers, products of inorganic chemistry), wood and wooden wares, and vegetative products.

Dynamics of goods export volumes in the region, $ million

chart_dynamic_and_growing_economy.gif

The largest foreign economic partners of the region are the Russian Federation, Germany, Poland, China, Byelorussia, Italy, Turkey, Hungary, Lithuania and France.

Trade indices also increase. In 2007, turnover of retail trade amounted to $1104,2 million which is by 23,2% more than in 2006.

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