Business news from Ukraine

U.S. ORBIS ASSET MANAGEMENT WILL ISSUE $30 MLN FOR LENDING TO FARMERS

22 February , 2018  

The American asset management company Orbis Asset Management intends to invest more than $30 million in Imperiya-Agro, the manufacturer and distributor of agricultural products operating in the Ukrainian market.
According to Imperiya-Agro, the funds will be used to expand lending packages for agricultural enterprises, the company’s clients in Ukraine.
“We are waiting for the beginning of cooperation. In the years to come, together with Orbis Asset Management, we intend to create a national leader in lending and financial services for small and medium-sized farmers in Ukraine,” Imperiya-Agro CEO and founder Yuriy Otsabryk said.
The American company, in turn, noted Ukraine is an investment-attractive agricultural market.
“We believe that Ukraine today is the most attractive market for investment in the agricultural sector and will try to capitalize the expertise and experience of Imperiya-Agro as a platform with a focus on the needs of small farms in the country,” Orbis Asset Management CEO Vincent Ordonneau said.
Orbis Asset Management offers alternative solutions in asset management, deals with short-term loans in the field of real estate, real estate rights, aircraft engine leasing, carbon emission quotas, venture capital, corporate financing and crypto currencies. It is headquartered in San Francisco and has offices in New York, Paris and Hong Kong.