Ukraine is actively declaring its openness to foreign investment, especially in strategic sectors, as the country's economy and infrastructure are in dire need of external investments. But there is a gap between statements and real actions.

On the first day after the sudden re-suspension of Enwell Energy's production licenses, the value of its shares fell by half. More than 390 million cubic meters of gas are potentially lost. And this is import dependence, which is still not enough to cover the needs of Ukrainians and minus UAH 3 billion in budget revenues. ️

Even companies with a decade-long history of responsible activity, public shareholders and a transparent management structure can become victims of politically motivated actions without the possibility of protection,” says Chuck Valeskini, independent chairman of the board of directors of Enwell Energy.

“We see an increasing discrepancy between official rhetoric and the reality observed by investors with experience working "on the ground." Despite the fact that the Ukrainian authorities actively promote the idea of investing in the country, the treatment of existing investors, especially in strategic sectors, is often opaque,” adds American investor Bill Wells. ️

The main message for business: adherence to the rule of law and respect for existing investors is the basis for Ukraine’s future economic recovery and prosperity. Read more about foreign investor sentiment in the NV article