Igor Mazepa, the Director General of the Concorde Capital
“Lately more and more companies from new economy sectors appear on the share market. Earlier the share market was presented only by big companies of industrial sector. But now new companies from perspective, dynamically growing sectors of economy such as bank sector, insurance sector, sphere of real estate, food processing, retail come to the market. The basic source of the capital for the Ukrainian companies today is the largest operating companies from the USA and Western Europe.
If to speak about prospects of retail sector in Ukraine per 2003-2005 it grew for 22 % while in Russia this sector grew for 13 %, and in Poland - for 9 % for this period.
Despite of a lot of large transactions on Ukrainian banks purchase including purchase by Austrian group Raiffeisen Int., French BNP Paribas and Credit Agrikole, Hungarian OTP Bank and Russian Vneshtorgbank this sector remains very attractive for strategic investors, that gives interesting opportunities and for portfolio investors. We are expecting that the share of the foreign capital in the Ukrainian bank system will continue to grow next year. In 2007 no less than five transactions can take place on sale of control packages of the Ukrainian banks to strategic investors for the sum roughly $ 2 billion. Those financial establishments which wish to involve foreign investors will use more actively foreign auditor and legal companies for sale preparation. As such work will take no less than a year approximately by 2008 we can observe again one more sales splash of Ukrainian banks control packages.
Searching of investments for business development becomes more and more actual and for dynamically developing food branch. Management of some companies considers all possible ways of investments attraction – beginning with credits and finishing with attraction of investments through share capital, including output to IPO. If before companies of food market most often resorted to release of bonds now these resources don’t satisfy them any more neither with volume of the involved means nor with high interest rates. In our opinion food branch is one of the most interesting to foreign investors therefore domestic companies have all chances to develop actively due to involved means in the nearest years.
If to speak about prospects of retail sector in Ukraine per 2003-2005 it grew for 22 % while in Russia this sector grew for 13 %, and in Poland - for 9 % for this period.
Despite of a lot of large transactions on Ukrainian banks purchase including purchase by Austrian group Raiffeisen Int., French BNP Paribas and Credit Agrikole, Hungarian OTP Bank and Russian Vneshtorgbank this sector remains very attractive for strategic investors, that gives interesting opportunities and for portfolio investors. We are expecting that the share of the foreign capital in the Ukrainian bank system will continue to grow next year. In 2007 no less than five transactions can take place on sale of control packages of the Ukrainian banks to strategic investors for the sum roughly $ 2 billion. Those financial establishments which wish to involve foreign investors will use more actively foreign auditor and legal companies for sale preparation. As such work will take no less than a year approximately by 2008 we can observe again one more sales splash of Ukrainian banks control packages.
Searching of investments for business development becomes more and more actual and for dynamically developing food branch. Management of some companies considers all possible ways of investments attraction – beginning with credits and finishing with attraction of investments through share capital, including output to IPO. If before companies of food market most often resorted to release of bonds now these resources don’t satisfy them any more neither with volume of the involved means nor with high interest rates. In our opinion food branch is one of the most interesting to foreign investors therefore domestic companies have all chances to develop actively due to involved means in the nearest years.
