Culture of corporate due diligence must become part of Ukraine’s new business infrastructure

In the context of war, economic recovery, and integration into European markets, Ukrainian businesses need to develop a new culture of corporate due diligence. This involves a shift from operating “on recommendation” or following only a minimal legal review to a systematic analysis of counterparties, partners, suppliers, and customers.

One of the tools for fostering this culture is Dun & Bradstreet’s international business data, which is made available in Ukraine by D&B-Interfax-Ukraine. This data can be used to identify businesses, vet counterparties, assess commercial and credit risks, ensure compliance, and manage global supply chains.

“Ukraine is gradually transitioning to a new quality of business environment. This requires not only reforms, investments, and digitalization, but also a daily culture of business verification. Trust in the modern economy must be based not only on personal contacts, but also on data, transparency, and the possibility of independent verification,” noted Maksym Urakin, Director of Development and Marketing at Interfax-Ukraine, Head of the D&B-Interfax-Ukraine business unit, and Candidate of Economic Sciences.

According to him, this is particularly important for Ukraine in the process of recovery, attracting foreign investors, and expanding the presence of Ukrainian companies in foreign markets. The more transparent companies are to international partners, the easier it is for them to enter into new contracts, supply chains, and investment projects.

D&B-Interfax-Ukraine can be useful for large businesses as well as SMEs, financial companies, exporters, importers, investors, consultants, and organizations working with procurement or international projects.

A culture of company verification