The performance of the Ukrainian economy continues to significantly exceed expectations thanks to uninterrupted inflows of international financial assistance and growth may exceed 5% this year, according to the economic forecast of the Investment Capital Ukraine financial group released on July 25. On the demand side, GDP growth is supported by household consumption. A gradual … Read more
The consumer price index in 2021 may grow by 6.5%, whereas earlier it was predicted to grow by 5.3%, Head of Macroeconomic Research of Investment Group ICU Serhiy Nikolaychuk has said. “In the fourth quarter, year-over-year inflation will return to the NBU target range. We will end the year at 5.3%, according to our forecast. … Read more
ICU Group has revised downwards the forecast for Ukraine’s GDP growth in 2019 to 2.3%, Corporate Research Division Head at ICU Oleksandr Martynenko has said. “We have a forecast of GDP growth for this year – 2.3%… Investment demand is quite strongly reduced this year due to the factor of elections and the uncertainty of … Read more
The growth of the Ukrainian economy in 2018 will accelerate to 3.5% from 2.5% last year, while next year it will slow down to 2.3% due to a decrease in the fiscal stimulation of the economy and the weakening of foreign markets, ICU Investment Group forecasts. “In 2019, economic growth will slow down due to … Read more
ICU investment group, one of the largest on the Ukrainian market, has entered the venture capital market and launched first five investment projects, ICU Director Roman Nikitov has said. “We only have started investing this year, it took us several years to make this decision… We made five investments,” he said at the Ukrainian Financial … Read more
ICU Investment Group has acquired Transgarant-Ukraine, a subsidiary of the Russian FESCO group’s railway operator Firm Transgarant LLC through Cyprus Aina Management Ltd. ICU’s press service confirmed the closure of the deal in a comment to Interfax-Ukraine. “The fleet of freight cars is the main asset of this enterprise. Amid the shortage of rolling stock … Read more
The resumption of lending to Ukraine by the International Monetary Fund (IMF) under the EFF program is the key issue for the survival of Ukraine, providing the country with some certainty and predictability for the near future, Managing Partner of ICU Investment Group Makar Paseniuk has said. “This is the scenario [obtaining the next tranche … Read more