Investors from 53 countries are investing in Transcarpathian companies

327 entities, that were established or developed by means of investment funds, are registered in the region.

In terms of districts and municipalities, the largest amount of foreign investments are involved in Uzhgorod district, and in particular in the city of Uzhgorod. Entities of the Transcarpathian regional center and Uzhgorod district have received 121,600,000 U.S. dollars. A little less foreign investments go to Mukachevo district and the city of Mukachevo – 80,400,000 U.S. dollars.

The countries, that invest the largest amounts in the activities of business entities of Transcarpathia, are Cyprus, Japan, United States, Austria, Germany, Poland, Hungary, Malta, Italy and Slovakia. Businessmen from these countries invest primarily in commercial industry, transport and communications, hotels and restaurants, as well as industry, agriculture, forestry, hunting and construction.

Experts of the Ministry of Income point out that the contribution of these companies to budget revenues is quite significant. Thus, during January – August of this year, the budget of the region received more than 2 billion 328 million hryvnias. Compared to the same period in 2012, the amount of funds increased by 57.5 million hryvnias.

In addition, Transcarpathia is actively involved in international projects, including those in partnership with Hungary. The participants of the project focus activities on areas of environment protection, health and public safety, development of tourism and infrastructure in the neighboring regions.

Also, in order to create an effective dialogue between the Ministry of income and taxes of Ukraine, the investor community in the field of tax and customs policy, further development of customer service and attraction of additional investments, the Ministry of income has estavlished the Council to encourage investment and entrepreneurship. The objectives and functions of the Council are to propose priorities and strategic objectives of the Ministry affecting the development of investment policy and entrepreneurship, as well as recommendations for the creation of favorable conditions for improving the investment climate and conditions for doing business in Ukraine – the Main Office of the Ministry of Income in Transcarpathian region reported.