Concorde Capital Marks First Half-Year of Operation with Extending its International Reach
During the first six months since the opening of the company, Concorde Capital has gathered an impressive international portfolio.
Kiev, Ukraine (PRWEB) June 10, 2005 -- During the first six months since the opening of the company, Concorde Capital (http://www.con-cap.com) has gathered an impressive international portfolio, with most prominent deals represented by an ADR listing and private placement of Galnaftogaz (Ukraines #1 oil products retailer), AvtoKraz (a major producer of heavy duty trucks), a placement of 14% of Bank of Georgia and M&A and syndicated credit for American Medical Centers of Ukraine and the Jewish Medical Center.
According to John Suggitt, Concorde Capital's Managing Director, "In addition to helping our international clients with Ukrainian equities, ConCap is extending its international operations, and by doing so is opening a gateway for western equity investors to the untapped potential of new markets within the CIS region."
Presently Concorde is working on attracting Chinese capital and partners. Concorde sponsored Asia's largest wealth management show -- The Shanghai Extravaganza.
"We see Asian capital markets looking for alternative investments and are a still untapped source of capital. The Chinese investment community actively cooperates with Russian companies, but they still need more information on business opportunities in the markets of Eastern Europe," Suggitt sates.
Concorde Capital smashed into the 2004 ranking of Ukraine's largest banks and brokerages. For 2004, with only one month of operations in the year, Concorde Capital ranked as the 25th largest bank in Ukraine for total volume of operations in all financial instruments. This list also included the largest commercial and retail banks in Ukraine, such as UkrsibBank, Avalbank and Ukrsotsbank
Again with only one month of business counting towards 2004 totals, Concorde Capital ranked as the 7th largest equity trader in Ukraine, greatly outdistancing the full-year results of long-established institutions.
Q1 2005 recorded further strengthening by the company, and Concorde Capital ranked 4th in volume of PFTS (www.pfts.com) equity trading.
For additional information contact:
John Suggitt at Concorde Capital
Tel. +380 (44) 206-83-67
fax +380 (44) 206-83-66
e-mail: js@con-cap.com
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