【SMM Steel】Ukraine's Industrial Evolution forum highlights manufacturing as economic growth driver

Published: Jun 22, 2026 17:16

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【SMM Steel】On June 18, the Industrial Evolution forum at Bila Tserkva Industrial Park gathered over 1,800 attendees to discuss Ukraine's manufacturing revival. Economy Minister Oleksiy Sobolev stated that war has reshaped state policy, making industrial policy part of national security. Ukraine's strategic goal is to raise manufacturing's GDP share from 8.8% to 20%. About 40 industrial parks are now active nationwide with nearly 45 billion UAH (1 billion USD) in investment. In 2025, manufacturing became Ukraine's largest taxpayer, providing 18% of consolidated budget revenues, 70 billion UAH more than before. The forum identified financing shortages, labor gaps, and productivity as key bottlenecks.

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