In 2017, VESCO, the clay producing business belonging to the UMG Investments investment portfolio, sold 3.05 m tons of clay, which exceeds the similar indices in 2016 by 36%.
“Investors need a long-term development strategy for Ukraine. It is important to predict the market situation while working in Ukraine and to understand the business growth strategy. Investors want to know when to sell or buy a business. The groundwork available for the country’s development strategy does not provide an answer to these questions,” said Andrey Gorokhov, CEO of UMG INVESTMENTS company, at the fourth Kyiv International Economic Forum.