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Economy minister says business means responsibility for country

Business owners have to rethink their function, says the Minister of Economy.

Economy minister says business means responsibility for country

Nowadays, business is not about margins and profits, but about responsibility for the country, support for the economy and the army, saving jobs, and the opportunity not to lose consumers.

This was stated by First Deputy Prime Minister - Minister of Economy of Ukraine Yulia Svyridenko following a visit to the Dnipropetrovsk region, where she met with the management of large metallurgical companies - including ArcelorMittal and Metinvest.

"The new conditions present us with serious tasks and challenges - functioning in a state of hostilities, significantly complicated and more expensive logistics, radically different mechanics of entrepreneurship," the minister emphasized. She believes that now business owners need to rethink their function because the approach of victory depends on a stable economy. 

"It is important for all of us that the urban economy works, that salaries are paid and taxes are paid," Svyrydenko said.

To this end, the Government has taken several important decisions - deregulation, reduction of inspection and fiscal burdens, interest-free government lending to all areas of business.

"We are ready to respond quickly to the pain and challenges of wartime and give them a decent rebuff in the form of economic incentives. Now it’s time to get to work and rebuild the economy. For Ukraine the enterprises which continue working, are important, as well as the resuming of work of those who have stopped", said the Minister of Economy.

She said that now metallurgical companies are strategically important for our country, so the state will do everything possible for their stable and efficient operation.

The Ukrainian government is expecting some 'positive news' from ArcelorMittal and Metinvest shortly, both in Kryvyi Rih and Zaporizhzhia, Svyrydenko said.

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