1st July 2016

PrivatBank supporting e-commerce forum in Berlin

PrivatBank will be the information partner of the first Ukrainian-European e-commerce market forum scheduled on 1 September, 2016 in Berlin.

According to the forum’s organisers, including BGA (The Federation of German Wholesale, Foreign Trade and Services) and BVMW (The German Association for Small and Medium-sized Businesses), since the beginning of 2016 German and European markets with more than 500 mln customers have been opened for Ukrainian enterprises in line with the Deep and Comprehensive Free Trade Agreement (DCFTA).

According to European experts’ view, the most significant growth occurs in bilateral cross-border trading and e-commerce, providing huge opportunities for Ukrainian enterprises and private entrepreneurs in the service industry. Markets and online stores are the optimal way for fast and easy selling of goods to German customers. The annual trade turnover between Ukraine and Germany currently totals EUR 5 bln.

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