February 2008
Alta Capital, Ukrainian Investment Consulting company launches its website
Alta Capital TOV, a Ukrainian Investment Consulting company, has launched its new web-site www.alta-capital.comAlta Capital has 7 core business ares:
1. Alta Capital: Investment consulting
2. Alta Fund: Private equity investment in Ukrainian real estate
3. Alta Industrial: Representation of top-flight producers of building materials and concrete; manufacture of engineering palettes
4. Alta Exclusive: Construction of luxury mahogany yachts [...]
Pizza Hut, Burger King & KFC will come to Ukraine?
Ukrainian fast food market has been growing recently with mostly local chains such as Puzata Hata, Trali-Vali, Dva Gusya, Domashnya Kuhnya and a few others gaining more popularity among Ukrainians who prefer home-made dishes to traditional American burgers with fries.
The fast food market reality may soon change in Ukraine though with stronger international competition from [...]
Italian Intesa buys Ukrainian Pravex Bank for $750m
Following an attempt of buying another Ukrainian bank, Italy’s Intesa Sanpaolo closed a Feb. 4 deal to buy a 100% stake in Ukraine’s 6th-largest bank, Pravex Bank, for over 500 million euros ($750 million). The acquisition of Pravex by Italy’s 2nd-largest bank is the latest advance by European banking groups into Ukraine, as foreign banks [...]
Privatization tenders in Ukraine
Billions of dollars are expected to flow into Ukraine with the privatization plans for large enterprises starting with the sale of state-owned chemical giant Odesa Portside Plant and state fixed-line phone monopoly Ukrtelecom.
But just as her government adopted conditions on Jan. 30 for the Odesa Portside auction, which experts said could fetch as much as [...]
Inter TV channel prepares for first TV IPO in Ukraine
UA Inter Media Group is gearing up for an IPO, a move which would mark the first of several planned listings on a foreign exchange by a Ukrainian media group
UA Inter Media Group, Ukraine??™s leading media firm controlled by billionaire Valeriy Khoroshkovskiy. Last month, the media holding signed a consulting agreement with Kyiv-based investment bank [...]
Fifteen 3* Ramada Encore hotels will open in Ukraine
Wyndham Hotel closed and exclusive agreement with the Ukrainian Hotels LLC (part of the Atstron Ukraine) to open fifteen 3* Ramada Encore hotels within the next ten years.
Ukrsotsbank sold to UniCredit Group of Italy
UniCredit Group, the Italian banking giant, completed its 1.5 billion euro acquisition of a 94.2 percent stake in Ukrsotsbank from Ukrainian billionaire Victor Pinchuk on Jan. 23.
The price paid was a record amount for a Ukrainian bank. The deal is also the most recent in a wave of acquisitions in which European banking groups have [...]
High demand igniting suburban real estate surge
In recent years, Ukrainians seeking to live in the nation??™s capital have turned to less expensive options in the suburbs as urban real estate prices skyrocketed to $5,000 per square meter and higher. Demand remains high, but the rush for affordable suburban land by average citizens and speculators alike is pushing prices for suburban lots [...]