Теги: cutis investment roadshow
Investor looks for a project on top of trends

Beehive is a leading Ukrainian producer and exporter of honey. The geography of the company’s sales is very broad and includes such advanced markets as the USA, Germany, Denmark and Canada. In November last year, Beehive took part in the first investment forum – CUTIS Investment Roadshow

Ihor Liski, co-founder of the Ukrainian Institute for the Future (UIF), chairman of the board of directors of the Effective Investments Holding (of which Beehive is a part) explained why Canadians are cautious about implementing investment projects in Ukraine

Currently, all challenges create more opportunities for us than during all previous years of independence. Like never before, we need to prove our ability to work within the international business community.

Professional teams, ambitious projects and bold decisions spring up in Ukraine but nowadays this is rather an exception. The country is changing, people are looking where to apply their talents, and many think that the system of rating has not changed. If we want to compete with the rest of the world, we do not have to be afraid to surprise it with our knowledge, skills and ideas.

At least, some reforms have helped to intensify work with investors in Ukraine. There are investment forums at the regional level and legislative drafts to increase the country’s investment attractiveness. I’m sure that investors see this. That is why we are witnessing a new wave of interest in domestic projects. The main thing, however, is that Ukrainian entrepreneurs can realize their own ambitions. Still, you have to understand whether you have them. Successful projects do exist, but they are created mainly by young entrepreneurs oriented to exports and international trends.

The main thing has changed: investors are looking for a project that follows the calls of time. Thus, when creating a modern honey plant, we understood that it was in demand. High-quality food from environmentally friendly regions is a global trend, and we follow it. When Beehive understands its own significance for the whole industry and the country in general, the entire company moves forward. Only a combination of technology, teamwork and long-term trend analysis can provide solutions for narrow-focused tasks and make investors interested.

If we talk about the interest of international investors 10 years ago, one could say that money would flow like a river.

However, investors are changing, they are interested in new areas and become much more demanding, while Ukrainians in the meantime may have little to offer. Canadian investors know and understand our country very well. Having experience of work with domestic projects and knowing all the risks of such cooperation they invest with caution.

It’s hard to find a worthwhile project with real efficiency rather than drawn up in a business plan. I myself reject a lot of such projects almost every day. Ukrainian businesspeople should be more courageous and aggressive, learn to do international business. We must satisfy our hunger for knowledge, find new production technologies, learn to present our achievements. In addition to this, the world is changing, trendy global solutions become promising: green energy, circular economy projects, creative industry will be getting investments from now on.

Investors are now very demanding about Ukrainian projects because there are high risk factors: war, corruption and slow reforms.

A mere lack of trust in both the country and the principles of doing business in it. Entrepreneurs can change this attitude only with their own example and honest projects. In our company, we have been doing this for many years. Only the desire to live and work in Ukraine forces us to return to this endless work again and again. To create investment attractive business, to implement ideas that are crazy at first glance – this is the task of my company. No one can convince me that it is impossible to make a successful project now and attract investors from all over the world to Ukraine.

4 leading Ukrainian industries to invest – webinars
  1. Agriculture industry

Agriculture is one of the leading sectors of the Ukrainian economy. In 2016, the sector’s share amounted to 13.7% of the GDP of the country and 14.2% in 2015. Its share along with the food industry is more than 18% of the gross domestic product of Ukraine.

Participants:

  1. Olga Trofimtseva, Deputy Minister of Agrarian Policy and Food of Ukraine
  2. Bohdan Leshchyshen, CUTIS Canadian Project Director

Moderator: Mark Markevych, President of Crossways MK Consulting

  1. Energy industry

The energy industry is composed of oil, natural gas, coal, nuclear and hydropower, wind and solar. The basis of the energy industry is electricity. The power generating capacity of wholesale electricity market in Ukraine is nuclear, thermal, hydro and alternative energy with an installed capacity of about 52,730 MW. The average annual production of electricity is about 195.5 billion kWh. In 2016, Ukraine exported 520,600 tons of coal with a total value of $44.8 million. In 2016, Ukraine exported 233,587 tons of petroleum products with a total value of $86.5 billion.

Participants:

  1. Nataliya Boyko, Deputy Minister of Energy and Coal Industry of Ukraine
  2. Bohdan Leshchyshen, CUTIS Canadian Project Director

Moderator: Mark Markevych, President of Crossways MK Consulting

  1. Infrastructure and Logistics industry

The Infrastructure and Logistics industry is dependent on a strong transport sector. The Ukrainian transport sector has five transport modes: road rail, maritime, inland waterway and air transport. The transport sector of Ukraine includes: 22,000 km of railway routes, 170,000 km of automobile roads, 2,200 km of navigable waterways, 13 seaports, 4 fishing ports, 11 rivers terminals, and 21 airports. Transport, storage, postal and courier activity represents 6.6% of Ukraine’s GDP and employs 1 million people. In 2015, transport industry had estimated revenues of US$11.5 billion (5.1% of the business revenues in Ukraine).

Participants:

  1. Viktor Dovgan, Deputy Minister of Infrastructure of Ukraine
  2. Bohdan Leshchyshen, CUTIS Canadian Project Director

Moderator: Mark Markevych, President of Crossways MK Consulting

  1. IT & Telecom industry

IT segments (software development + computer hardware) and Telecom (communications services, including the Internet) had estimated revenues of US3.6 billion and grew by 22% in 2016. The major revenue components of the IT segment are computer equipment – 83%, IT services – 19% and packaged software – 7%.

Participants:

  1. Mikhail Titarchuk, Deputy Minister of Economic Development and Trade of Ukraine
  2. Bohdan Leshchyshen, CUTIS Canadian Project Director

Moderator: Mark Markevych, President of Crossways MK Consulting