Eurocar became the first carmaker examined by the newly-created commission. After AutoZAZ and Bohdan, Eurocar is Ukraine’s largest car manufacturer. May 13, a team of experts headed by deputy Minister for Industrial Policy Viktor Padalko came to the plant to discuss the Eurocar managers the risks emerging for Ukraine after its accession to the WTO.

Viktor Padalko assured that the cabinet is after creating a favorable environment in the automobile industry, Ukraine’s second largest after steel making. Car production in Ukraine posted an impressive 160% level, and the official was satisfied with production standards at Eurocar which are based on Volkswagen technologies. Total investment has already reached $100 million, with 45,000 cars to be assembled in 2008 and 100,000 after reaching a full-cycle production targets. The assembled cars will be sold in Ukraine. Eurocar is the largest revenue earner for Lviv oblast budget. It employes 1,000 workers and their average salary is 1.900 hryvnia.

“We do not demand any tax breaks. On the contrary, we insist on a level playing field with other Ukrainian businesses, Oleh Boyaryn says. We expect the cabinet to offer us comfortable investment terms on a par with neighboring countries, so that investment does not bypass Ukraine. According to him, Ukraine’s entry in WTO will not effect car prices on the domestic market substantially.

In his turn, Deputy Minister Viktor Padalko told journalists that he is pleased with the results of his visit to Eurocar.