 FEU has become the most powerful organization representing Ukraine’s industry and business.The Federation has become an active and effective factor of influence upon social and economic processes in the country having signed Memorandums of Understanding with the State Tax Service of Ukraine, State Customs Service of Ukraine and Antimonopoly Committee of Ukraine and having established an ongoing dialog with the Cabinet of Ministers of Ukraine.At the founding congress of employers' organizations the Federation of Employers of Ukraine, composed of 14 regional employers' organizations, was founded on September 27, 2002.