Recently, a delegation of representatives of the German economy was staying in Lutsk. Representatives of the corporations Volkswagen and Siemens had a meeting with the first deputy head of the regional state administration, Volodymyr Panchyshyn, and the deputy mayor of Lutsk, Serhiy Tarasiuk, at which a number of issues regarding investing in the economy of Lutsk were discussed. As Serhiy Tarasiuk reported, the German guests are interested in the attractiveness of the investment climate that has developed in Lutsk. In order to familiarize themselves with how a foreign investor operates in the regional center, the German delegation visited the Lutsk Bearing Plant, whose investor is the Swedish corporation SKF, and the joint Ukrainian-Slovak enterprise UKhemosvit, which operates on the basis of the Lutsk Plastics Plant. The German guests showed interest in a production area of 2000 sq. m., where it would be possible to meet Volkswagen's production needs for belts and harnesses. Such production would allow the creation of an additional 200 jobs in the city. Serhiy Tarasiuk recommended that they contact OJSC UENKOF, whose structural subdivision is the Lutsk Electrical Apparatus Plant. As the director of OJSC UENKOF, Yuriy Oleinyk, reported in a telephone conversation, the investors are interested in producing automotive wiring at the enterprise. "For this, the enterprise has both free production space, warehouses and administrative premises, and most importantly, highly qualified specialists," Yuriy Oleinyk stated. However, it is still too early to speak of any concrete results of the negotiations. This is partly connected with the possible acquisition of a package of shares of OJSC UENKOF by a domestic investor. Who this is has not yet been reported.