Press Release |
Phoenix Capital: Ukraine 2010 and Beyond: Re-Discovering the Region
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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 +380-67-3247471 E-mail email@example.com Copyright Business Wire 2010