‘Near-shoring’ – or bringing production capacity closer to the EU may boost investment into Ukrainian from European manufacturers hurt last year when supply lines were cut by coronavirus restrictions,

‘Near-shoring’ – or bringing production capacity closer to the EU may boost investment into Ukrainian from European manufacturers hurt last year when supply lines were cut by coronavirus restrictions, Sergiy Tsivkach, head of the state’s UkraineInvest, told Bloomberg in a story headlined: “Supply Chain Shakeup After Virus has Ukraine Eyeing Investments.” Starting this year, Tsivkach aims to attract $7.7 billion. Last year, for the first time in five years, Ukraine had a net outflow of foreign investment — $420 million, according to the National Bank of Ukraine.