Western NIS Enterprise Fund (WNISEF), with more than two decades of successful experience investing in small and medium-sized companies, announced the launch of U.Ventures, a new fund focusing on investing in early-stage technology startups from Ukraine and Moldova inform Hitech.Expert….
Since the 5th of November, 2012, the annual cost of using the local version of the workflow software M.E.Doc by Ukrainian company BEST has increased by 85% from 810 to 1500 UAH.
According to a report by the European Private Equity and Venture Capital Association (EVCA) Ukraine attracted EUR 96 mln investments from private equity funds.
Pandora’s IPO yesterday peaked at $26/share, giving them a brief valuation of $4 billion. The stock quickly deflated to a closing price of $17.50, moving that valuation to $2.8 billion. Even that is a fantastical and bubblicious number that will not stand up to scrutiny. Here is a back-of-the-envelope analysis based on the S-1 that investors should have made before throwing their money in the box:
Three of Top 10 Ukrainian M&A deals in 2011, stated by KyivPost newspaper were financed by foreign capital. These are: Ukrtelecom, Inkerman, VAB Bank.
The mobile communications operator Ukrainian Mobile Communications rendering services under the MTS brand finished 2010 with a net profit of UAH 752 million.
Ukrtelecom, the largest Ukrainian telecommunication company, has selected the Ukrainian Export-Import Bank (Ukreximbank) that ranks among the largest Ukrainian banks, to attract a loan of USD 25 million.
The Astelit cellular mobile telephone company, which provides mobile telephone services under the life:) brand name, finished 2010 with losses of USD 101 million.
The Astelit cellular mobile telephone company, which provides mobile telephone services under the life:) brand name, finished the October-December period with USD 30.9 million in the red.
International bank institutions Credit Suisse First Boston and Deutsche Bank have waived claims for Kyiv-based Ukrtelecom