One of the main business attractions of Ukraine is the
country's well-educated, skilled and hardworking population.
This appeal is further enhanced by the weakness of trade unions, a
high ratio of young professionals on the job market and the
relatively inexpensive labour force in this strategically
positioned European country. For example, one of our clients bought
a plant in Western Ukraine and transferred there production of
electronic devices for some world-class brands. Previously, the
client manufactured them in... China. The commercial reasons for
the transfer were better product logistics from/ to European
suppliers/customers and... cost-effective and qualified labour.
It should be noted, however, that Ukrainian labour law still
contains some remnants from the Soviet era and, generally, is
paternalistic to employees. Though reforms in this area are
underway, employers should be legally cautious and observe
formalities when hiring or dismissing, compensating
