Dec 01, 2016 Experts pin hopes on Ukraine developing high-tech economy / Kyiv Post
Dragon Capital’s CEO Tomas Fiala said he was sure Ukrainian business needs to find its own way, independent of the government, and that the key to this was smart investing.
Nov 03, 2016 Ukraine ‘happy’ to pay EU gas price in move away from Russia / Bloomberg
While Russian gas may currently be cheaper than European rates, the decision on where to buy fuel from may be political amid ongoing international multibillion-dollar arbitration cases in Stockholm against Gazprom on pricing, according to Dennis Sakva, an analyst at Kiev-based investment company Dragon Capital.
Sep 21, 2016 Flashback to soccer boom shows ukrainian investment moving past war / Bloomberg
“Investment started to increase earlier than we expected,” said Olena Bilan, chief economist at investment bank Dragon Capital in the Ukrainian capital of Kiev.
Sep 15, 2016 In search of peace and prosperity, Ukraine faces uphill struggle / Reuters
After waiting for nearly a year for Kiev to accelerate reforms, the IMF announced the release of more aid on Wednesday as part of a $17.5 billion bailout to shore up an economy brought low by a pro-Russian separatist war in the east. Spreads on sovereign bonds should narrow in the coming weeks, said Olena Bilan, the chief economist at Dragon Capital.
Sep 14, 2016 Corruption, lack of trust in judiciary biggest obstacles for investment in Ukraine / Interfax-Ukraine
"The resumption of Ukraine’s economic growth and reducing the gap with our western neighbors, which unfortunately increased significantly since 2009, is not possible without foreign investors. The results of interviewing international companies that invest around the world show in which areas the Ukrainian investment climate is uncompetitive and where the leadership of the country should aim first," Dragon Capital CEO Tomas Fiala said.
Aug 05, 2016 IMF-sized hole too big for Ukraine’s central bank to fill / Bloomberg
“The central bank can’t look into the future with confidence,” Olena Bilan, Dragon Capital chief economist, said by phone. “The current level of reserves is only sufficient to withstand small and short-term pressure on the hryvnia.”
Jul 06, 2016 Central banker who slayed ‘zombie banks’ meets too big to fail / Bloomberg
Tomas Fiala, chief executive officer of the Kiev-based investment bank Dragon Capital, notes that Privatbank’s own data suggest more than a third of its loan portfolio has gone to companies in sectors such as oil, iron alloys and aviation, where Kolomoisky’s group dominates.
Jun 02, 2016 Rollins keeps up battle to revive Ukrnafta, pay debts / Kyiv Post
“Privat Group had operating control over the company,” said Denis Sakva, an analyst at Dragon Capital, adding that that the company’s previous management rules – requiring a 60 percent quorum on shareholder meetings for decision-making – had allowed Privat “to block all unwanted shareholder meetings.”
May 16, 2016 Consumers stir to life as Ukrainian GDP rumbles to milestone / Bloomberg
“Consumer confidence is rising gradually on the back of low inflation, nominal wage growth and overall macroeconomic stability,” said Olena Bilan, chief economist at Dragon Capital in Kiev, said by phone before the data were released. “The recent increase in steel prices may have translated into higher salaries and capital investments.”
Apr 27, 2016 Ukraine cuts energy subsidies in bid to please IMF / Financial Times
“They brought domestic gas prices to import parity. Very positive move,” said Olena Bilan, an economist at Kiev-based investment bank Dragon Capital.