This paper explores the transition to a circular economy (CE) in Ukraine, emphasizing the critical role of circularity for sustainable growth. Leveraging European Green Deal frameworks, Ukraine's shift towards CE presents potential GDP growth, significant reductions in carbon emissions, and substantial material cost savings. The analysis examines CE strategies to inform policy development and identify enablers and challenges for Ukraine's integration into European circular models. Key research questions focus on policy frameworks, enablers, and collaboration for CE implementation. The study highlights CE benefits, including resource efficiency, job creation, and environmental protection. It recommends tailored policies on resource efficiency, green finance, and digital transformation, advocating for stronger shareholder networks to drive sustainable circular practices in Ukraine.