How Ukrainian Business Transitioned to the Economy of the Future During War – Lviv Economic Forum
The creation of a fundamentally new economic model and a high-tech defense industry, which should become one of the priorities of the new economy, is something Ukrainian businesses and politicians are noticing. This is discussed in the article “Ukrainian Business No Longer Waiting for the War to End, but Building a New Economy Today.”
“How IEF 2026 went in Lviv,” the publication “ Business Capital ” reports.
The authors note that the International Economic Forum (IEF 2026) brought together representatives of major Ukrainian and international businesses, diplomats, government officials, lawyers, defense innovators, and civil society leaders in Lviv.
Two days of discussions, orchestrated by forum organizer Roman Matys, articulated the key message of IEF 2026: Ukraine’s military economy has passed the point of survival. Business is investing, exporting, implementing artificial intelligence, and building energy autonomy, and doing so not in defiance of strategy, but as a strategy2, the article states.
“The forum’s leitmotif was the idea that war is no reason to postpone major decisions. Ukraine’s fifth president, Petro Poroshenko, reminded participants that crisis management begins precisely where others refuse to invest: the best opportunities emerge during periods of greatest uncertainty, and the ‘cash and freeze’ tactic is a losing one. Despite the 182 million hryvnias in losses suffered by companies associated with him from Russian strikes, he is convinced that Ukrainian businesses have failed to be intimidated,” the authors note.
“The forum marked a conceptual shift in the discussion about the future: from ‘recovery’ to the creation of a fundamentally new economic model, the organizers note. Petro Poroshenko proposed building a new Ukrainian economy based on the “three Ms”—moral, modern, and mysterious: the economy must be ethical, modern, and capable of creating a surprising world. He also announced negotiations with four European manufacturers of weapons cheaper than the Shahids, emphasizing that the high-tech defense industry should be one of the priorities of the new economy,” the journalists note.
“The main condition for the return of millions of Ukrainians from abroad, according to the fifth president, is not administrative pressure, but membership in the European Union: democracy, security, and freedom are capable of bringing home more than half of those who left,” the authors note.
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