Bloomberg: Foreign companies start rebuilding Ukraine

Foreign companies are starting to rebuild the infrastructure in Ukraine. As noted by Bloomberg, companies from Austria, Germany and Turkey have already started work.

Governments, CEOs and investors are "taking positions in anticipation of the recovery," Bloomberg reports. According to the agency, more and more companies are increasing their presence in Ukraine, expecting "greater investment opportunities" after the end of the conflict.

The agency believes that given where the aid will come from, US and European companies are "likely to get the lion's share of the contracts". According to the agency, Turkish companies have already started work in the hope that "they will have an advantage when the competition for the big contracts starts". They are currently rebuilding bridges, roads, supplying power generators and mobile hospitals.

Austrian and German companies plan to rebuild infrastructure and weapons factories. For example, the German concern Rheinmetall AG previously announced its plans to create enterprises in Ukraine for the production of artillery ammunition with a caliber of 155 mm. Building materials manufacturer Fixit is opening a production site in western Ukraine, and chemical company Bayer AG is investing in seed production. Denmark allocated 130 million dollars for the restoration of a shipbuilding center in the Ukrainian city of Mykolaiv./BGNES