Business news from Ukraine

HORIZON CAPITAL PLANS TO INVEST UP TO $200 MLN IN UKRAINE

20 October , 2018  

Horizon Capital Group, which manages $800 million, plans to invest up to $200 million in Ukraine over the next three or five years, Denys Tafintsev, a senior partner and a member of the Horizon Capital investment committee, has said at the Kyiv International Economic Forum. “Ukraine has a relatively stable macroeconomic situation and poorly priced assets: six years ago they were three times more expensive,” he described the current situation. Tafintsev noted that large international investors are unlikely to come to Ukraine on the eve and during the presidential and parliamentary elections scheduled for 2019.
“This is a good opportunity for us as a domestic fund,” he said. According to him, among the company’s industry priorities are IT, processing, export sectors, and light industry.
Tafintsev noted that Horizon Capital invests in share capital, avoiding companies with large debts.
He told Interfax-Ukraine that the named volume of investments is planned not only at the expense of the new investment fund Horizon Capital is currently creating, but all the company’s investments.

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