🇨🇦🇺🇦 According to National Bank of Ukraine, in 2023 Canada invested $61.8 million in Ukraine’s economy through direct foreign investments. This does not include over $10 billion in military, humanitarian, and other aid.
Despite the conflict, Canadian companies are actively operating, opening new factories, and exploring investment opportunities in Ukraine. Learn more from CUCC Vice President in Ukraine Yuriy Kryvosheya about these investments, what foreign businesses expect from Ukraine’s investment climate and how business conferences attract entrepreneurs.
– Resilience and Growth: Despite the war, Ukraine shows resilience with a projected GDP growth of 3.2% in 2024.
– Infrastructure and Energy: Challenges persist in the energy sector, but international support, including from Canada, is helping rebuild and innovate.
– Economic Stability: Ukraine maintains economic stability with international aid, presenting opportunities in reconstruction and modernization.
– International Collaboration: Support from global partners, especially Canada, is crucial for Ukraine’s recovery.
Canadian companies have the expertise to contribute significantly to Ukraine’s rebuilding and recovery, particularly in areas such as construction, advanced materials, sustainable energy solutions, and cutting-edge technology. So, let’s use this expertise to support Ukraine’s economic revival and development!
We are thrilled to welcome IITCON as the newest member of the Canada-Ukraine Chamber of Commerce.
IITCON headquartered in Toronto with satellite offices in Calgary, Vancouver, and Montreal, stands as a distinguished subsidiary of Belintech Ukraine. IITCON is dedicated to offer unparalleled consulting and advisory services and specializes in developing tailored solutions that fortify networks, systems, and data against evolving cyber security threats.
IITCON expertise includes information security, risk management, security network architecture, vulnerability management, and privacy.
As part of the summer promotion till the end of August 31, 2024 they are offering the following services for CUCC members:
1. 20% discount for continuous penetration testing for 1 year
2. Free basic security assessment
3. Free dark web monitoring implementation
Contact them at info@iitcon.ca and mention word “CUCC – Summer2024” to claim special promotion offer till August 31, 2024.
We are thrilled to welcome Skeuotech Agency as the newest member of Canada-Ukraine Chamber of Commerce.
Skeuotech is a professional multilingual Webflow experts agency based in the EU and working globally. The fully remote team, specializing in design and web-development, helps elevate user experiences, drive engagement, and captivate audiences worldwide with Webflow websites.
Skeuotech is dedicated to transforming visions into digital marvels, ensuring every project is a testament to their passion for creativity and cutting-edge technology. Over the last 2 years Skeuotech Agency was also our tech partner in crafting the digital platform for Rebuild Ukraine Business Conferences (both 2022 and 2023) in Canada.
The agency working actively on 6+ markets (including Canada and USA) helping companies migrate their websites, crafting digital products from scratch and providing top-notch Webflow support and aftercare services. Today the fully remote team with Ukrainian roots, continue to grow and scale to reach their aim to help companies and marketing teams stay competitive in the dynamic tech landscape.
LOBORTAS CLASSIC JEWELLERY HOUSE
KYIV NATIONAL ART GALLERY
“IGOR LOBORTAS: A 33-YEAR LEGACY IN JEWELLERY ART”
May 2024
The Kyiv National Art Gallery is proud to host the exhibition, “Igor Lobortas: A 33-Year Legacy in Jewellery Art” from May 10 to June 10, 2024. This event marks the most extensive showcase of the Lobortas Classic Jewellery House in its illustrious history. The Kyiv National Art Gallery, a beacon of Ukrainian art and culture, recently celebrated its centennial. Despite the ongoing martial law, the museum continues to promote Ukrainian
history, culture, and art both domestically and internationally through its exhibitions and educational initiatives.
This exhibition, held in the heart of Kyiv, pays tribute to Igor Lobortas, artist, ideological leader, philanthropist, Honored Worker of culture of Ukraine and member of the Board of Trustees of the museum, who reposed in the Lord in May 2023. The display features an array of artistic expressions, including sculptural compositions, gem-cutting, animalistic art, and miniature jewellery sculptures. The jewellery collection, representing different eras of craftsmanship at the House, is the highlight of the exhibition. The exhibition also presents projects, models, engineering inventions, prototypes, sketches, and drafts that have already made their mark in history, along with new developments that are currently being implemented.
The Lobortas Classic Jewellery House, a luminary in 21st-century jewellery art, has spent decades actively promoting high jewellery art through exhibitions, representation, and educational activities worldwide. The company is renowned for creating art objects of significant historical and socio-cultural value. Its artistic jewellery masterpieces grace the displays of the world’s most prestigious museums. It took several decades for artisans of various generations at the House of Lobortas to craft a distinctive style, recognizable by its unique design motifs, technical precision, and intricate complexity. While honouring centuries-old traditions of
jewellery art, the House of Lobortas has also established itself as a trailblazer, setting new standards in contemporary jewellery design and sculpture.
The exhibition will welcome visitors from May 10 to June 09, 2024.
Lobortas Classic Jewellery House
Website: www.lobortas.com
We are thrilled to welcome Niko Management as the newest member of Canada-Ukraine Chamber of Commerce.
Niko Management is the head company of the NIKO Group that has been successfully operating in Ukrainian and EU markets since 1991. The main goal of the company is to provide implementation of strategies and coordination between companies of the NIKO Group, which are engaged in the following businesses:
– Automotive Retail Network that includes official dealerships of Audi, Changan, Citroen, Fiat, Ford, Mazda, Mitsubishi, MG, Nissan, Opel, Renault, Subaru and Suzuki
– Distribution of ExxonMobil
– Special Vehicles Transformation
– Transportation, logistics, customs brokerage, and warehousing services
– Bio Climatic Construction
– Development & Real Estate Management
– Organic Agriculture
– Charity & Philanthropy
NIKO MANAGEMENT is a Member of the American Chamber of Commerce, European Business Association, Canada-Ukraine Chamber of Commerce, Ukraine-Turkey Business Association, and Kyiv Chamber of Commerce.
We are thrilled to welcome SoftServe as the newest member of Canada-Ukraine Chamber of Commerce!
SoftServe is a leading global IT company, founded in Ukraine in 1993. Specializing in IT consulting and digital services, the company collaborates on over 900 active projects for clients across North America, Europe, Asia, and the Middle East. SoftServe proudly serves industry giants like IBM, Cisco, and Cloudera, and partners
with tech leaders such as Google Cloud Platform, Amazon Web Services, Microsoft, NVIDIA, and more.
As one of the pioneering IT companies in Ukraine, SoftServe is now the biggest global IT player with Ukrainian roots and has a major influence on the IT industry in its home country. Through such initiatives as OpenTech crowdsourcing platform, the company contributes to the technological advancement of Ukraine by creating probono digital solutions for NGOs and the government. SoftServe’s Open Eyes charity fund is actively supporting Ukraine, having delivered over 1000 tons of humanitarian help, 200+ ambulances, and other aid since February 2024. The company donated over $25M and continues its support.
For over 30 years, it has championed the exceptional expertise of Ukrainian IT professionals worldwide, including in Canada, where the company established its first international office in 1995. Today, SoftServe boasts a global team of 11,000 associates working in over 60 offices across 16 countries.
● becoming a carbon-neutral business
● reaching net-zero waste
● designing eco-resistant offices
● developing IT solutions that help fight environmental challenges.
SoftServe is also a member of the UN Global Compact and contributes to eight sustainable development goals set by the United Nations. Read more on
sustainability actions by SoftServe here.
On April 12th, 2024 CUCC President Zenon Potichny had the distinct honor of meeting with President Volodymyr Zelensky, as part of the Ukrainian World Congress – Свiтовий Конґрес Українців delegation.
The dialogue centered around the profound impact Ukrainian World Congress, its member organizations like Canada-Ukraine Chamber of Commerce and the influential Ukrainian diaspora around the world have on rallying international support and mobilizing resources for Ukraine’s pursuit of freedom and democracy. The UWC delegation and President Zelenskyy discussed the promotion of President Zelenskyy’s Peace Formula and Ukraine’s accession to NATO and the European Union. Discussions also covered the Ukrainian diaspora’s role in securing victory and rebuilding Ukraine, and a strong global Ukrainian community abroad.
UWC President Paul Grod outlined key initiatives of the Ukrainian World Congress to President Zelenskyy, including the #Unite With Ukraine and the Energize Ukraine initiative to support and rebuild damaged Ukraine’s energy infrastructure.
Since February 2022, the UWC’s groundbreaking initiative, #UniteWithUkraine, has emerged as a beacon of solidarity, amassing over $55 million in donations from benefactors spanning across more than 70 nations. These funds stand as a testament to the unwavering commitment of global citizens towards bolstering the Territorial Defense Forces of the Armed Forces of Ukraine and fortifying other critical Ukrainian security apparatuses.
Canada-Ukraine Chamber of Commerce recently had the honor of hosting our esteemed members, partners, and friends at our Annual General Meeting on March 26th, 2024. It was an occasion to reflect on the remarkable journey of the CUCC over the past year and to outline our ambitious plans for the future.
We extend our heartfelt gratitude to Consul General of Ukraine in Toronto, Oleh Nikolenko, for his inspiring opening remarks, which set the tone for a truly engaging session. His insights provided valuable perspective as we charted our course forward.
A special highlight of the event was the enlightening presentation by Joanne Tognarelli, shedding light on how Export Development Canada (EDC) supports Canadian companies seeking to invest or collaborate with Ukraine. Ms. Tognarelli’s insights offered invaluable guidance to our members, empowering them to explore opportunities in the Ukrainian market with confidence.
Additionally, we were honored to receive a video address from Vira Savchenko, CEO of BDO Ukraine, followed by a presentation from BDO on their comprehensive Investment Guide for Ukraine. These contributions underscored the depth of expertise and resources available to support business endeavors between Canada and Ukraine.
We were excited to announce the newly elected Board of Directors, with whom we eagerly anticipate collaborating. Their leadership and dedication will undoubtedly propel the CUCC to new heights, further strengthening our mission of fostering economic ties between Canada and Ukraine.
None of our achievements would be possible without the unwavering support of our members and partners. Your commitment and engagement drive our organization forward and inspire us to continue our pursuit of excellence. We extend our sincerest gratitude for standing by us and contributing to our collective success.
As we look ahead, let us reaffirm our commitment to nurturing strong ties between Canada and Ukraine. Together, we have the power to drive growth, innovation, and prosperity for both nations. Through collaboration and partnership, we are making a tangible difference in the lives of businesses and communities on both sides of the globe.
On March 20, 2024, Canada-Ukraine Chamber of Commerce in partnership with Embassy of Canada to Ukraine | Ambassade du Canada en Ukraine organized an event dedicated to the MODERNIZATION OF THE FREE TRADE AGREEMENT AND THE DEVELOPMENT OF THE STRATEGIC PARTNERSHIP BETWEEN UKRAINE AND CANADA.
The event took place in one of the most modern locations of Kyiv, MacPaw Space, which is situated in the “Toronto-Kyiv” complex, a landmark of the Canada-Ukraine relations. We were delighted to meet with friends and partners from the Embassy of Canada to Ukraine, the Government of Ukraine, local and foreign businesses, international organizations and diplomatic missions.
Ambassador of Canada to Ukraine Natalka Cmoc, CUCC President Zenon Potichny, CUCC Vice-President in Ukraine Yuriy Kryvosheya, Senior Trade Commissioner of Canada in Ukraine Sherif Nagi and Managing Director of CUCC in Ukraine Emma Turos, had an opportunity to discuss the key updates to the Modernization of the Canada-Ukraine Chamber of Commerce and the advantages it will offer for bilateral trade between Canada and Ukraine, as well as the work that CUCC has been doing over the past 32 years to promote trade and investment between the two countires.
During the event Canada-Ukraine Chamber of Commerce signed the bilateral memorandums of cooperation with the Kherson Regional Military Administration and Borodyanka Village Council (Kyiv Region).
We would like to thank Embassy of Canada to Ukraine | Ambassade du Canada en Ukraine for their support, PJSC “Toronto-Kyiv”, MacPaw Space, Holiday Inn Kyiv for help with event organization, Holiday Inn Kyiv, Yakaboo.ua, GORN and Stakhovsky Wines for their donations for the charity auction, and all guest for attending our event.
