Business news from Ukraine

EBRD INVESTMENTS IN UKRAINE WILL REACH EUR 550 MLN

20 December , 2018  

The investment of the European Bank for Reconstruction and Development (EBRD) in the development of business projects in Ukraine will reach EUR 550 million by the end of 2018, EBRD Deputy Head for Ukraine Marina Petrov has said.
“Taking into account this transaction [a loan to the carrier Negabarit-Service], we will have about EUR 505 million in the deals signed in 2018, and we hope that we should reach EUR 550 million by the end of the year,” she said at a press conference in Kyiv.
Petrov also noted that the EBRD plans to increase investments by 20% if the rate of economic growth is maintained.
“The economic growth that started in Ukraine creates opportunities for new business investments. We hope that in 2019 we will do more business by at least 20%, and if the macroeconomic situation remains stable, we will try to do more,” she said.
According to her, the EBRD continues to consider Ukraine as one of the main countries among its customers.
“We are very positive about the prospects for next year’s projects,” she said.

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