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USUBC Hosts the world's largest investors to talk about FINANCING FOR BUSINESS in Ukraine
U.S.-Ukraine Business Council (USUBC),
Wash, D.C., Wed, March 13, 2019
On Tuesday, March 12, U.S.-Ukraine Business Council (USUBC) hosted a business workshop with world key financial donors that provide business financing for Ukraine.
This meeting took place in the offices of USUBC member, McCarter &English in Washington.
The panel featured (left to right in the picture): Kenneth Angell, Project Finance Director, International Project Finance, Overseas Private Investment Corporation (OPIC); John Strayhorn, President, Global Insurance Services, EXIM approved insurance broker; Douglas Frye, Senior Business Development and Loan Officer, Global Infrastructure, Export-Import Bank of the United States (EXIM); Bruce Drossman, Senior Vice President, Global ECA Advisory and Execution, General Electric, GE Energy Financial Services/Global Capital Advisory (with US EXIM for four years); Michele Small, Head of North American Representative Office, European Bank for Reconstruction and Development (EBRD); Maxim Timchenko, CEO, DTEK, Ukraine's largest energy company; Morgan Williams, President, U.S.-Ukraine Business Council (USUBC), Moderator; Alexander Gordin, Managing Director, Broad Street Capital Group, merchant bankers, specialist in US EXIM & OPIC type project transactions; Roman Kachur, Alernate Director (Ukraine), The World Bank/IFC;
In short presentations all panelists spoke about their current programs for business financing in Ukraine and showed overall interest for more investment in Ukraine's economy. International development organizations are willing to invest in agriculture, renewable energy, customer services, infrastructure; food security, healthcare and other sustainable projects.
After the panel discussion, business representatives were able to ask questions and talk more during the reception.
In the picture left to right: Alex Gordin, Broad Street Capital Group; Morgan Williams, USUBC; Maxim Timchenko, DTEK;
Maxim Timchenko, CEO of DTEK stresses that Ukraine's energy sector needs over $90 billion investment, outlining the huge investment potential in the Ukrainian energy market.
This roundtable was organized in cooperation with Broad Street Capital Group, a member of U.S.-Ukraine Business Council.
In the picture left to right: Robert Homans, Business Finance and Micro-Credit Expert and Jock Mendoza-Wilson, Director of International and Investor Relations, System Capital Management;
The following companies attended USUBC roundtable in Washington: Dinsmore & Shohl LLP; Ukrainian Development Company; U.S. Department of Commerce; GE; DTEK; OSI Systems, Inc.; Westinghouse Electric Company; U.S. Department of State; Culhane Meadows PLLC; Broad Street Capital Group; Griffin Capital Partners; International Finance Corporation (IFC); The World Bank; U.S. EXIM Bank; OPIC; EBRD North America Office; Trade Connections International, LLC; Embassy of Ukraine in the USA; Asters Law Firm; System Capital Management; Embassy of Ukraine in the USA; A Caterpillar Company; Schweitzer Engineering Laboratories, Inc.; McCarter & English; TV Channel “Ukraina”; Western Services Corporation; Trident Acquisitions; Commonwealth Frontier Advisors, LLC; Pierce Capital Partners; United Help Ukraine and others.
To learn more:
International financial institutions ready for more activity in Ukraine
Kyiv Post, March 14, 2019
Американський EXIM банк почав фінансувати проекти в Україні (UKR)
American EXIM Bank opens business financing program for Ukraine
Ukrinform News Agency, March 13, 2019
Ukraine's energy sector is open for international investment
TV Channel Ukraine, March 13, 2019