Phoenix Capital: Ukraine 2010 and Beyond: Re-Discovering the Region

Fri Jun 11, 2010 3:07am EDT

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June 10, 2010, London, The London Marriott Grosvenor Square 
LONDON--(Business Wire)--
The investor conference "Ukraine 2010 and Beyond: Re-discovering the Region"
organized by Phoenix Capital, a Ukraine-based investment bank, took place at
Marriott Hotel Grosvenor Square London. 

The meeting of representatives of Ukraine`s leading corporations with foreign
investment funds and institutions helped establish business connections with
over 50 investors and fund managers. 

"Ukraine offers high potential in terms of business development. In addition, we
see positive changes in major areas of the economy and state policies," Chairman
of Phoenix Capital Oleksandr Omelchuk told conference participants. "We see
stability in the government of Ukraine and it makes us rather optimistic when we
look at the beginning of reforms in Ukraine that have been lacking for so long".

Presentations and meetings attended by the representatives of ISTIL Group, KDD
Group, Astarta, Landkom, JKX Oil, Regal Petroleum, DTEK, UkrSibbank, Landcom,
Agroton and others reaffirmed positive sentiment and suggests further growth in
major areas of Ukrainian business including metals and mining, agriculture,
real-estate, banking, etc. 

Altogether, over 50 one-on-one meetings took place during the conference
allowing local businesses and foreign financial institutions to find new ways of
cooperation and building stronger business ties. Among the funds and financial
institutions that participated in one-on-one meetings were CIM Investment
Management Ltd, Thames River Capital UK Ltd, Nikolaus&Co, Morgan Stanley & Co
International Plc, Tudor Capital UK LP, East Capital and many others, altogether
over 50 international funds were present. 

As noted during the presentations, Ukraine is back in the game and world stock
exchanges are competing for Ukrainian businesses by offering better terms for
IPOs and other capital transactions, which means that there is still a huge
potential to be realized by Ukrainian companies.

Phoenix Capital
Rostislav Gavrilov
Communications manager

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