Business news from Ukraine

DATAGROUP TO ATTRACT FOREIGN INVESTMENT FOR FURTHER DEVELOPMENT

8 July , 2015  

KYIV. July 8 (Interfax-Ukraine) – PJSC Datagroup plans to attract foreign investment for further development, CEO Maksym Smelianets has said at a press conference.

“We want to attract investment. We should definitely do this,” he said.

However, he found it difficult to specify the amount of the planned investment.

“How much they will give. There is the war in the country, it is difficult to expect large investment in the industry now,” Datagroup Honorary President Oleksandr Danchenko said.

As reported, in 2010 the company attracted investment from Horizon Capital which received a blocking stake in the operator.

PJSC Datagroup was founded in 2000. The company is engaged in providing telephone services, data transmission services, Internet access, as well as telecommunication equipment sales.