Meat Processing and Mineral Water
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Eastern Economist Business Weekly, Page 6
December 28-January 14, 2001
 EUROVENTURES
UKRAINE
"Dear Colleagues,
"Euroventures Ukraine is happy to inform you that since the operational start of the Fund in mid 1999, three new investments were approved, completed and disbursed as of end 2000.
"A total amount of Euro 5.9 ml was committed for equity investments in Rusanovskiy Meat Processing Plant (RMPP), P5 Communications (P5) and International Distribution Systems (IDS). The three investments were made out of Euro 26 ml commitments from EBRD, FMO and Fund Manager. Furthermore the Fund is sponsored by the Dutch Government, which also provides additional technical assistance." "Founded in 1996--RMPP has become a leading meat processing company based in Kyiv, P5 has recently started up its Internet activities directed to Ukrainian individuals. IDS, which was started in 1994, now is a market leader in production and distribution of mineral water throughout Ukraine, also based in Kyiv. All these investments have primarily been selected, based on their growth potential and outstanding management teams" "At the end of the second year of operations of the Fund the Managers are happy to report that the dealflow to Euroventures Ukraine has been quite satisfying, both in qualitative and quantitative terms. Therefore in the year to come it is expected that the present pace of investments is likely to continue. Obviously further improvement of the macro economic situation will enhance Ukrainian people's living standards, and the business environment, and will therefore also benefit our activities and investments." "We would like to take this opportunity to thank
everybody that has helped to get Euroventures Ukraine started and
look forward to working with you in the future. |
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