Ukraine's investment firm plans to establish an investment fund for industrial projects by the end of the year, CEO Olha Batova said.
"The problem we have in Ukraine is that all our people, unfortunately, know how to invest only in real estate, at best, because, unfortunately, there are no other instruments," Batova said at the Export Credit Forum in Kyiv on Jan 27.
Batova said EFI Group has a strong portfolio of industrial projects and the expertise to launch new production facilities rapidly. The group is seeking investment capital and is offering Ukrainian investors a model that combines financial returns with support for the country's industrial and economic development.
Batova separately told Interfax-Ukraine that the fund's assets could amount to 10% of both the group's existing projects and those currently being implemented or planned.
Established in 2007, EFI Group focuses on industrial manufacturing, healthcare and medtech, paper, food, agricultural commodities supply, energy, and the glass industry.
