European capital is flowing into Ukraine’s recovery — and early investors willing to navigate the risks stand to reap the rewards, says Michael Martins

I was in Brussels a little over a week ago for the European and Ukrainian business summit, supporting clients exploring investment opportunities in Ukraine. I frankly did not know what to expect because I hadn’t been to Brussels or Ukraine since before the lockdowns or war. I was, and remain, still a bit gobsmacked.

The level of enthusiasm and willingness for organisations to spend and invest in Ukraine (albeit only in the western regions, as far as I could tell) was not something I’ve encountered in a long time. Much of the immediate focus is on the western regions, but the broader message was clear: the private sector and European institutions alike are preparing for a near-term peace, regardless of who is in the White House.

Conversations with businesses and officials revealed two shared assumptions: peace is achievable within a few years, and Ukraine’s........

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