All posts by Lars Vestbjerg

Lars Vestbjerg

About Lars Vestbjerg

Lars Vestbjerg is the founder and president of the Danish Business Association and General Manager of Sika Footwear in Ukraine. He is an advisor to the Danish Investment Fond (IØ Fonden) in Ukraine, and a board member of Progeny Solar Inc. Earlier, he served as Chairman of the Board of the European Business Association in Western Ukraine and Chairman of the Board of Ukraine Partner Group Ltd. Lars is a member of Rotary Club Lviv in Ukraine.

Denmark in Ukraine: Fostering a Better Business Climate for Both Sides

I first arrived in the Western Ukrainian city of Lviv at the beginning of 2003. Lviv is about 75 km away from the border with Poland and some 600 from Kyiv, Ukraine’s capital. With its low labour and energy costs, Ukraine offered, and still offers, enormous opportunities for foreign businesses to grow and I went for it. However, there are two sides to every coin; corruption and the share of dealings in the black market were very high. Everyone talked about it but not much was being done to combat it. Continue reading Denmark in Ukraine: Fostering a Better Business Climate for Both Sides