Foreign investors are gradually returning to Ukraine and considering buying a business in the country.
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Nadezhda Kaznacheyeva has been appointed director of business development for UMG Investments investment company.
Yesterday, August 10, 2018, around 2:00 pm, near the village of Kamenskoye, Zaporozhye region, a KamAZ truck collided with a shuttle bus heading to Zaporozhye from the village of Kirillovka.
Today, August 10, 2018, at about 14:00, near the village of Kamenskoye, Zaporozhye region, a KAMAZ truck collided with a shuttle bus heading to Zaporizhia from the village of Kirillovka.
In 2017, VESCO, the clay producing business belonging to the UMG Investments investment portfolio, sold 3.05 m tons of clay, which exceeds the similar indices in 2016 by 36%.
“Investors need a long-term development strategy for Ukraine. It is important to predict the market situation while working in Ukraine and to understand the business growth strategy. Investors want to know when to sell or buy a business. The groundwork available for the country’s development strategy does not provide an answer to these questions,” said Andrey Gorokhov, CEO of UMG INVESTMENTS company, at the fourth Kyiv International Economic Forum.
In 2016, Vesco, the clay production business of investment company UMG, sold 2.2 million tonnes of clay, an 11% decrease over 2015.
In 2016, the flux and dolomite business of the UMG investment company, represented by the Novotroitskoye Ore Mining (NOM) and the Dokuchayevsk Flux and Dolomite Plant (DFDP), increased the sales of limestone products by 24.4% YOY, up to 3.4 million tonnes.
The UMG Resource company, which specialises in industrial waste management, in 2016 increased its revenue from the sales of ash-slag materials by 47.5% year-over-year—up to 149 million UAH.
SCM Group reports that today, on 15 March 2017, it has lost control over its assets based in the non-government controlled areas of Donetsk and Luhansk oblasts (NGCAs), namely: