TradePartner Europe increases investments in Ukraine for growth in the construction sector, with a direct support of German construction companies.

Head of Europe, Mr Jean Francois Mules has commented during the EU Frankfurt Congress 23-26 March this year "Germany is Ukraine’s largest European economic partner, as a direct result of steady and stable technology development in the machinery production".

In 2011, German direct investment reached over $6 billion ($4.8 billion being represented in the Mittal Steel purchase by a German subsidiary)
Germany is also Ukraine’s leading European importer, trailing only Russia, whose import value is mainly derived from energy. German businesses are drawn to Ukraine by the size of the country, the population's growing purchasing power and the growing demand for high quality goods and products. Tradepartner Europe will support Ukraine offering great opportunities for business growth for commercial and manufacturing companies. With dynamic growth in construction and other markets in Ukraine, German companies are flooding the domestic market with products and services.
“Ukraine’s construction sector is one of the most dynamic market segments, which increased dramatically during the last several years,” said Andrii Pavlyk, general manager of Knauf Insulation Ukraine. “The demand is really high for new residential and commercial buildings, along with the renovation of old housing, which boosts the development of the construction materials markets.” With a population of over 46 million people, Ukraine is the largest European country by land mass and has a rapidly growing economy. “Eastern Europe, with Russia and Ukraine, represents important countries to provide substantial growth for our group operators,” noted Axel Hluchy, managing director of METRO Cash & Carry Ukraine. According to the results of a Planet research report, Ukraine’s retail market grew by 22 percent last year alone.
Opening their first outlet in Ukraine in 2003, METRO Cash & Carry now operates 19 wholesale outlets in 14 Ukrainian cities, with a total investment since opening the first store of over $530 million and a turnover in 2008 of nearly $1.3 billion, according to Hluchy. As the Ukrainian retail market matures and begins to emulate the Western models, the more German investors expect to gain in market share, Hluchy added.