The investment company umgi, part of the SCM Group, is closely studying the Spanish market and sees great opportunities for partnerships and growth there.
“Umgi’s assets have been present in the Spanish market since 2020. We are carefully researching this market and see great opportunities for partnerships and growth,” the company said in a statement.
It is also reported that umgi CEO Andrey Gorokhov will moderate a panel discussion entitled “Best Investment Strategies: Narrow Specialization or Multi-Focus Approach” at Iberia’s Private Equity Conference, which will take place on October 3 in Madrid.
The company noted that this is one of the key events in the industry, where participants will discuss how fundraising in private equity is changing; which sectors are becoming promising for investment; how value is created through strategy and strong teams; and when to choose the right moment for an exit.
As reported, in 2024, umgi focused its efforts on strategic support for its existing portfolio and expanding its international network of contacts and integrating Ukrainian businesses into European markets.
“We see our mission as being an investment bridge between Ukraine and the world, promoting higher ethical and professional standards in the industry, and developing international cooperation. In 2024, we actively worked to expand our international network among entrepreneurs, business consultants, and investors, particularly in Spain, Italy, and Poland,” said umgi CEO Andriy Gorokhov earlier.
umgi is an investment company focused on developing businesses in the raw materials and processing sectors. It was founded in 2006 by the SCM Group. Investment focus: mineral extraction; management of by-products and production waste; production of industrial goods and services. The total value of the portfolio companies is estimated at more than $500 million.
umgi’s investment portfolio covers eight assets in seven countries: Ukraine, Poland, Turkey, Spain, Italy, Romania, and Serbia.
