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Monday, July 2, 2018

Ukrainian President held a meeting with Unilever leadership

President of Ukraine Petro Poroshenko held a meeting with CEO of Unilever Paul Polman who told the Head of State that the company was satisfied with the development of its investments in Ukraine and informed him of the future plans of the company.
The President called this decision very symbolic and one that clearly characterizes a significant improvement of the investment climate in Ukraine. According to the Head of State, the evidence of those changes is the data released by the World Bank yesterday, which indicates the increase in the Ukrainian national GDP in dollar terms.

In turn, CEO of Unilever thanked the President for his support and stressed that the company had made a decision to “invest in Ukraine right now, as it confidently looks ahead”.
The parties discussed the legislative initiatives related to the amendments in the tax sphere that are being worked out by the National Investment Council under the President of Ukraine in order to attract foreign investors. They also touched upon the replacement of the income tax with the tax on the withdrawn capital, which is positively perceived by the business environment as a whole.
In turn, CEO of Unilever Ukraine Vasyl Bovdilov emphasized “radical positive changes in the investment climate that took place in Ukraine over the past two years”. “Comparing with previous years, we see a radical improvement of the situation,” he said.
The meeting was also attended by Deputy Head of the Presidential Administration of Ukraine Dmytro Shymkiv and Head of the Office of the National Investment Council Yuliya Kovaliv.

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