For business

Investments in Lviv

10 reasons to invest in Lviv

Lviv - cultural capital of Ukraine and modern European city

  • Long historical and cultural relations with Austria, Poland, Germany, Hungary and Russia
  • Lviv city center is inscribed under the UNESCO World Heritage list (1998)
  • City hosting Euro 2012 Football Championship
  • Cultural capital of Ukraine (recognized in 2009)

Lviv - is at the geographical core of Europe, gateway from Ukraine to EU

  • 60 km to EU
  • Closeness to the capitals of Europe: Warsaw – 400 km, Budapest – 630 km, Vienna – 720 km
  • Located along international transport routes and quick access to the EU (A3 and A5)
  • International airport which connects Lviv with 13 European countries
  • Regional railway connection centre (main directions: Germany, Poland, Austria, Slovakia, Hungary, Czech Republic, Latvia, Russia, Romania)

Lviv as Euro 2012 Football Championship hosting city, is ready to accept new challenges

  • International Airport with New Terminal (capacity - two thousand passengers per hour)
  • New stadium with 33,000 seats
  • Roads construction
  • 10 new 3- and 4-star hotels proved

High qualified human resources with competitive wages

Successful Foreign Investments Management

  • 3rd position in the FDI involvement rating and in the economic efficiency category (research of “Financial Times; “European Cities & Regions of the future 2012/13”)
  • As of October 2012 FDI volume in Lviv: US$ 1081,3  million
  • Country-leaders on FDI involvement in Lviv (2012): Poland, Cyprus, Austria, Virgin Islands (British), Switzerland, USA, Hungary, Lichtenstein
  • Nearly 800 registered companies with foreign investments in Lviv, among the largest are Auchan, Metro, Pricewaterhouse Coopers, Austria Airlines, Cargo Partner, Energie  AG, REWE

Lviv is one of the best IT-BPO destinations in the world and Eastern Europe's last remaining undiscovered pearls

  • City Authority, the Foundation for Effective Governance, and Monitor Group have launched worked out a project “Program for Economic Development and Increasing Lviv City Competitiveness till 2015”
  • One of the best IT-BPO destinations along with 30 other cities in the world (recognized by the international audit company KPMG)
  • Business Services (BS) and Tourism are city higher priority dynamically developing clusters
  • Middle rate of BS growth is 40 % for the last 3 years
  • 1500 IT graduates/year
  • BPO cluster is presented by Soft Serve, Austrian Airlines, Arzinger, D&DLawyers, KPMG, J&L, Nestle etc.
  • For the last 3 years the quantity of tourists increases annually by 40% (today it is 1 million per year)

Developed relaxation and unique recreation area in and around Lviv

  • In the city at your service there are 49 hotels, including 5 four-star hotels (the hotels quantity increases in relation with Euro 2012)
  • You can find a wide range of restaurants, cafes, night clubs and entertainment centers at the city
  • City is a cultural centre: 8 theatres, over 25 museums, 20 art-galleries
  • Lviv region is recognized for its resorts and sanatoriums, namely by the known all over the world balneological resort Truskavets
  • To your attention for winter vacations are Ukrainian Carpathians with European standards ski-resorts such as Bukovel, Slavske, Dragobrat etc.

Lviv is prepared for growth: city investment projects

  • Industrial park development (25 ha, near A3 international transport corridor)
  • Business park development (near International Airport)
  • Olympic village, sport and entertainment objects development to Olympic Games 2022
  • Development of the territory around new Stadium to Euro-2012 (mixed-use to include indoor sports arena, expo center, hotels, offices, shopping and residential, with total area of 326 ha)
  • Hotel complexes
  • Parkings

Lviv is open to the world

  • Strategy Aim: in 10-15 years to build a modern stable and diversified economy open to external experience and capital
  • City authority follows friendly and transparent policy in cooperation with potential foreign investors and is ready to provide assistance in investment projects support
  • Lviv successfully cooperates with international financial institutions involving credit money and money of international technical assistance: EBRDWorld BankKfWGTZUSAID
  •  Lviv is a member of “Eurocities”, “European Cities Marketing”, OWHC (Organisation of World Heritage Cities) and “Energie-Cites
  • There are 3 consulates general and 15 honored consulates in the city, representative offices of such organizations as “D&D Lawyers”, J&L Consulting, Adelina call centre, Ancor, Austrian Airlines Call centre, AISEC
  • Lviv has 16 sister cities in 11 countries, namely: Winnipeg (Canada), Lublin (Poland), Przemysl (Poland), Wroclaw (Poland), Banya Luka (Bosnia and Herzegovina ), Rochdale (Great Britain), Novi Sad (Serbia), Saint Petersburg (Russia), Freiburg (Germany), Budapest (Hungary), Kutaisi (Georgia), Amiens (France)

Lviv is prepared to Welcome You!

Team of experienced professionals of Foreign Economic Relations and Investments Office provide support to foreign investors. Lviv investment portal is in English, Ukrainian, German and Polish languages and comprises all the necessary information for investors.