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Dragon Capital may double investment in Ukrainian assets in 2017 - CEO

Dragon Capital may double investment in Ukrainian assets in 2017 - CEODragon Capital investment company could in 2017 double investment in assets in Ukraine compared to 2016, company CEO Tomas Fiala has said.

"We've decided the situation has improved to such an extent that we can be cautiously optimistic and can start to invest. We've started doing this - bought three assets here: East Gate Logistic and West Gate Logistic, and the Piramida trade and entertainment centre. Next year we plan to again increase investment, in particular on transactions that are now in process. Perhaps, we plan together with the partners to invest even twice as much in an acquisition of assets," Fiala said at the fourth Retail and Development Business Summit in Kyiv.

He said Dragon Capital is interested in buying controlling stakes in the companies, whose income structure includes a forex component.

Read also: Dragon Capital CEO Fiala elected Ukrainian EBA president - for the third time

Managing Director for Direct Investment at Dragon Capital Volodymyr Tymochko said the company is considering retail and commercial real estate for investment.

Dragon Capital, established in 2000, is one of the largest investment companies in Ukraine. It works in the field of direct investment and financial services, provides a full range of investment banking and brokerage services for corporate and private clients.
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