Ukrainian businesses in emerging Europe eye westward expansion

Ukrainian businesses that set up or expanded in central Europe after Russia’s 2022 invasion are shifting their focus from mainly refugee to local customers as they become more established, with some now eyeing a move further west. As the war closed off opportunities at home and to the east, including Russia, Ukrainian-owned businesses sprang up in neighbouring countries, initially targeting their displaced compatriots with food, drink and services. In Poland, which has a Ukrainian population swelled by the war to more than 1.5 million at current estimates, Ukrainians opened every tenth new business in 2024, according to Polish business associations and economists.Read More