Lucky 13: These are top recent investments in Ukraine
Kyiv Post, Kyiv, Ukraine,
Mon, June 19, 2017
Editor’s Note: According to a Kyiv Post survey of business and government leaders in Ukraine, these are the top recent investment in the nation. If you know of others, send to Kyiv Post chief editor Brian Bonner at firstname.lastname@example.org
- Allseeds Group (agricultural corporation), new plant construction in Odesa Oblast, $200 million (2014-2016)
- U.S agricultural company Bunge, grain terminal, Mykolaiv, $180 million.
- ArcelorMittal plans to invest $1.2 billion in the metallurgy industry by 2021, $150 million of which has already been invested as of May 2016.
- U.S agricultural holding Cargill, grain terminal in Pivdenny Port, Odesa Oblast, $100 million
- In 2017, Fairfax Financial Holdings and its affiliates acquired a major shareholding in Astarta with a total deal size of about $100 million for a 28 percent stake in the company. Astarta is a vertically integrated Ukrainian agricultural company, a leading sugar producer (with market share of up to 25 percent), soybeans crusher (market share – 20-25 percent) and raw milk producer. With a land bank of 245k ha, the Company is a TOP 10 Ukrainian farming business. Fairfax is a Toronto-listed property and casualty insurance and investment management company with $3.9 billion in equity investments. Last year, the holding also acquired 5.35% stake in Ukrainian egg producer Ovostar Union.
- Procter & Gamble corporation, upgrading its own plant in the Kyiv Oblast oblast city of Boryspil, $100 million
- Chinese COFCO Corporation, grain and oil terminal in Mykolaiv, $75 million (2014-2016)
- Risoil S.A Chornomorsk Port, Odesa Oblast, grain terminal, $70 million
- Horizon Capital and the Dutch Development Bank FMO (Netherlands), Ukrainian shareholders, Biofarma pharmaceutical complex in Bila Tservka, $40 million; another $30-35 million is being invested over the next 12 months to expand production and build a second plant.
- Japanese Government, Trypilska CHP station, Ukrainka in Kyiv Oblast, $40 million
- Ukrainian Sawmills plans to open a new factory in 2017 worth $25 million in the Rivne Oblast city of Kostopil
- Unilever tea factory in Hostomel, Kyiv Oblast, $9.3 million.
- Fujikura, Yaroslav district of Lviv Oblast automotive parts factory, $6.7 million
A worker in ArcelorMittal steel company on Oct. 13 in Kryvyi Rih. Although in need of more foreign direct investment, many companies have decided that Ukraine is a good place to do business. While agricultural dominates the leaders, sizeable investments are coming in consumer goods, steel, automotive parts, lumber processing, pharmaceuticals and energy.