For foreign companies considering investing in Ukraine, Dmytro Omelchuk has one piece of advice that runs through almost everything else he says: start preparing well before the reconstruction boom takes off.
Dmytro Omelchuk. Photo courtesy of DELTA Ukraine.
Omelchuk is commercial director of DELTA Ukraine, part of Austria-headquartered DELTA Group. DELTA Ukraine’s portfolio spans more than 400 projects over 20 years in Ukraine. Omelchuk has 12 years of experience in construction, energy and sustainable development.
At DELTA, Omelchuk works with private investors as well as international financial institutions and donors, including the EIB, KfW, EBRD, GIZ and UN agencies. His work ranges from factories and logistics facilities to hospitals, rehabilitation centers, energy efficiency and public infrastructure projects.
That has given him a close-up view of both sides of Ukraine’s investment environment: the very real risks of investing during a full-scale war, and the opportunities available to companies willing to do some of the preparatory work before everyone else arrives.
In recent conversations with Ukraine Rebuild Newswire, Omelchuk offered these five tips for foreign investors considering Ukraine.
#1 — Don't wait for the war to end to start preparing and investing
The biggest mistake may be assuming that investing in Ukraine means starting construction immediately, Omelchuk said.
