Five Ukrainian cities enter European ranking for economic potential

Source : 112 Ukraine

Emerging Europe agency assessed Lviv, Kyiv, Kharkiv, Odesa and Dnipro in different categories
16:58, 24 June 2020

Ukrainian cities

Five cities in Ukraine are included in the European ranking in category of economic potential according to the British Emerging Europe agency - Lviv, Kyiv, Kharkiv, Odesa and Dnipro. This is stated on the website of the agency.

"Emerging Europe invited 70 global location experts and foreign direct investment advisers to weigh up the various merits of the 75 cities in the emerging Europe region which are either national capitals or have a population of more than 200,000 inhabitants. This year, 51 of those experts – many of whom are members of the Site Selectors Guild – cast votes, more than double last year’s number of 25," the message says.

Lviv was named in six of the eight categories of business-friendly cities perception 2020 Ranking:

#2 – Economic potential

#3 – Local Authority Support

#5 – Talent pool

#6 – General Ranking

#7 – Smart City Development

#7 – Quality of Life

As part of the annual assessment of the economic potential of cities in emerging market economies, Lviv was ranked second among all countries in the region, ahead of Kyiv and Kharkiv, which together with Chisinau (Moldova) took third place. Dnipro took the fifth place, Odesa was placed sixth.

Being acknowledged by Emerging Europe underlines city’s effort and its diligence in creating a business-friendly environment and uncovering the untapped potential of the city.

Related: Lviv to host final match of Ukrainian Football Cup

As previously reported, Kyiv is among the top 15 cities in the world in terms of road traffic.

In 2019, Ukraine ranked 68th in Best Countries Ranking according to the American journal US News & World Report, surpassing Tunisia, Belarus, Oman, Serbia and Lebanon. In addition, Ukraine ranked in the top 10 in terms of "green" energy investment attractiveness.

Related: International airport of Lviv resumes work today

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