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Ambassador of Ukraine to Estonia Maksym Kononenko Calls on Estonian Businesses to Participate in Ukraine’s Reconstruction
11 June 2025 10:30

On 11 June 2025, a Ukrainian business seminar was held in Tallinn at the initiative of the Ministry of Foreign Affairs of Estonia. During the event, the consulting company Civitta presented a study entitled “Business Opportunities for Estonian Companies in Ukraine.”

The Ambassador of Ukraine to Estonia, Maksym Kononenko, took part in the seminar as one of the key speakers. In his remarks, he emphasized the importance of active involvement by Estonian businesses in Ukraine’s post-war recovery and called for the establishment of long-term and mutually beneficial partnerships with Ukrainian entrepreneurs.

The Ambassador outlined significant potential for cooperation in sectors such as energy, the agro-industrial complex, infrastructure, information technologies, and the defense industry. He underlined that, despite all challenges, Ukraine today represents a market of opportunities with a strong demand for modern solutions, technologies, and capital.

Deputy Minister of Foreign Affairs of Estonia Mariin Ratnik addressed the participants with a welcome speech, noting that, according to various estimates, Ukraine will require over €500 billion for reconstruction over the next decade. She emphasized that despite high risks, now is a favorable time for businesses to take an active role in the Ukrainian market.

The study was presented by representatives of Civitta. Business representatives who shared their experience of entering the Ukrainian market included:

Rolf Relander (Bellus Furniture OÜ),

Villiko Nurmoja (SensusQ),

Henri Klemmer (Hepta Insights),

Roman Vynarchuk (BLRT Grupp).

Additional speakers at the event included:

Tanel Sepp, Head of the Digital and Cyber Diplomacy Department of the Estonian MFA, who spoke about the opportunities provided by the Tallinn Mechanism;

Ando Rehemaa, Economic Affairs Adviser at the Estonian Embassy in Kyiv, who provided practical guidance on public procurement in Ukraine;

Klen Jäärats, Director of the Estonian Centre for International Development (ESTDEV), who presented the organization’s activities in Ukraine and its cooperation with the private sector;

Aivar Sepp, representative of the Estonian National Criminal Police, who outlined mechanisms for preventing corruption risks;

Priit Kallakas, Head of the Business Diplomacy Department of the Estonian MFA, who summarized the seminar’s outcomes.

The seminar was moderated by Reelika Virunurm, representative of the Business Diplomacy Department of the Estonian MFA.

The Embassy of Ukraine in Estonia extends its gratitude to the organizers, experts, and all participants for their interest in Ukraine, their readiness to cooperate, and their tangible contributions to the country's recovery.

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