On February 20, 2019, in the city of Dnipro, the KPMG team held a discussion «KPMG insights: Opportunities for growth. Comprehensive practical recommendations».
Viktoriia Mykhno, Head of Business Development KPMG in Ukraine presented the key insights of the World Economic Forum in Davos 2019, with the main theme «Globalization 4.0 global architecture formation in the fourth industrial revolution era». During the presentation modern world trends on this issue were presented.
According to Andrii Tsymbal KPMG managing partner in Ukraine, «Ukraine in the world is often perceived as a country on the map, which is located between the Western world and Russia. And it is extremely important to change this image of our country. As a company working with foreign investors, we consider it our mission to hold Ukraine out an attractive country for investment. Ukraine has a great intellectual potential and also a lot of successful stories in the innovation and technology field, which are known throughout the world. But we need to tell even more. #UkraineHouseDavos provides an excellent opportunity to make a statement about Ukraine to the whole world».
Dmytro Shchur, Investment and Capital Markets Director KPMG in Ukraine, presented the KPMG study on current trends in the field of M&A (mergers and acquisitions) and predictive appraisals for 2019. According to the provided information, potential investors’ interest to Ukraine companies is high, because Ukraine market is growing and promising. According to Mr. Shchur, this is confirmed by the foreign investors’ willingness to carry out long-term M&A operations. He also noted that M&A deals are not only sale agreements, because entering into a leading international company business, or asset allocation, allows to structure business, to enter foreign markets and borrow. Mr. Shchur noted the foreign investors’ interest in the warehouse and logistics infrastructure, where recorded a certain deficit in the market.
Maksym Zavalnyi, Tax and Legal Counseling Director KPMG in Ukraine and Kateryna Safronenko, company manager presented effective business transformation mechanisms, tax and legal aspects of this process. In particular, during the presentation Mr. Zavalnyi noted that any cooperation with international corporations or financial institutions requires companies to transform financial and tax policies.
During the panel discussion «Effective companies transformation», with the participation of Volodymyr Bublei, Keramet CEO, Iryna Nesterenko, Biosphere Finance Director and Alim Molodan, Deputy Director of the Dnipropetrovsk Investment Agency (DIA), a wide range of issues related to staffing and external borrowing for industrial economy sector, technological processes optimization and digitalization, outsourcing and promising directions for investing were considered.
«Dnipropetrovsk region is active in terms of M&A transactions. In 2018, relevant agreements between Evraz and DCH, TechnoNICOL and the Czech company Sweetondale were concluded. It is expected that beginning of 2019 will be active due to the one of the world’s construction materials manufacturers planned sale. Also this year, a significant increase in foreign direct investment is expected. Jn March 26, will be opened the dry construction mixtures production by Caparol company in the Solone district. In addition, opening of the Europe largest solar power station with a 246 MW capacity is expected in spring, which is joint investments result by DTEK and the Chinese company SMES,» Alim Molodan said.
«Among the priorities for investment, DIA offers a wide areas range, in particular in the agriculture, engineering and construction fields. Separate areas for investment were formed in accordance with the domestic companies’ requests, which initiated their own project proposals and interested in attracting credit resources or investors companies, these projects are included in the Dnipropetrovsk region Investment Projects Catalog as of 2019» – Alim Molodan added.