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Strengthening Czech–Ukrainian Investment Ties: Czech–Ukrainian Chamber of Industry & Commerce (CUCIC) Signs Cooperation Agreement with UkraineInvest

Wed, 26 Mar, 2025

The Czech–Ukrainian Chamber of Industry & Commerce (CUCIC) is pleased to announce the signing of a Memorandum of Cooperation with UkraineInvest, Ukraine’s official investment promotion agency. The agreement represents a strategic step forward in deepening bilateral business relations and fostering new investment opportunities between the two countries.

The memorandum was signed by Oleksandr Melnychenko, Acting Executive Director of UkraineInvest, and Michaela Macharik, President of CUCIC. Also present at the meeting was Markus Ciupek, Vice President of CUCIC and Executive of Time & Space Group in Ukraine.

Oleksandr Melnychenko, Acting Executive Director of UkraineInvest & Michaela Macharik, President of CUCIC

🤝 During the meeting, the parties discussed the current investment climate in Ukraine, including the challenges faced by international investors and the importance of creating favorable conditions for long-term economic cooperation. Special attention was given to the potential of attracting Czech strategic investors, particularly in the manufacturing and industrial sectors.

"This partnership is a reflection of our shared commitment to building sustainable economic bridges between Ukraine and Czechia. We look forward to supporting our members and partners in unlocking new opportunities," said Michaela Macharik, President of CUCIC.

Chamber–UkraineInvest Cooperation

The Czech–Ukrainian Chamber has been actively involved in promoting bilateral trade and investment, organizing business missions, sector-specific forums, and direct B2B matchmaking. The partnership with UkraineInvest will allow CUCIC to better support its members, coordinate investment promotion efforts, and inform Czech companies about real-time opportunities and support instruments available in Ukraine.

Key Objectives of the Cooperation:

  • Boost Investment Activity: Collaborate to attract and support investors with significant investments, thereby improving Ukraine’s investment image. ​
  • Expand Manufacturing Capabilities: Facilitate the development of Ukraine’s manufacturing sector by promoting joint ventures and knowledge exchange between Czech and Ukrainian companies. ​
  • Strengthen Business Relations: Organize joint events, forums, and business missions to enhance direct interactions between business communities of both countries.​

Strategies for Achieving These Goals:

  • Information Exchange: Regularly share current investment opportunities and legislative incentives in both countries to keep potential investors informed. ​
  • Project Promotion: Jointly promote investment projects that align with the strategic interests of both nations.
  • Support Services: Provide consulting and organizational support to investors throughout the preparation and implementation of investment projects.

“This memorandum reflects a shared vision: to strengthen international business cooperation, support Ukraine’s post-war economic recovery, and reinforce Czechia’s role as a reliable and strategic partner in the region,” added Oleksandr Melnychenko
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