Wikipedia

Dragon Capital (company)

Dragon Capital is a Ukrainian investment management company founded in 2000 in Kyiv.[1][2] In 2016–2020, Dragon Capital invested more than $600 million in real estate in Ukraine.[3] In 2022–2024, amidst the ongoing Russian invasion of Ukraine, Dragon Capital invested over $100 million into the Ukrainian economy, having finished an industrial park in Lviv.[4][5]

Dragon Capital
IndustryFinance
Founded2000
FounderTomas Fiala
HeadquartersKyiv, Ukraine
Websitehttps://dragon-capital.com/

It is also the owner of the biggest news media holdings in Ukraine — Ukrainska Pravda[6] and The New Voice of Ukraine.[7] Dragon Capital also supports the expansion of the Kyiv School of Economics.[8]

History edit

The company was founded by Tomas Fiala in cooperation with partners in 2000 in Kyiv.[1] In April 2017, the Security Service of Ukraine conducted a search at the company office. They were looking for Russian Stakhanovets software on its employees computers.[9] The searches were criticized by former Prime Minister of Ukraine Volodymyr Groysman, who was heard saying during a cabinet meeting "I’ve just found out that there are searches at Dragon Capital...I can’t interfere. But what kind of investment portfolio will Ukraine get? You can’t create a (good) investment climate like this."[10]

In 2017–2019, it acquired a number of different commercial properties: Victoria Gardens shopping center (Lviv),[11] Sky Park shopping mall (Vinnytsia),[12][13] Eco Tower (Zaporizhia) business center,[14][15] Horizon Park Business Center (Kyiv),[16] Aladdin shopping mall (Kyiv),[2] logistics centre Arctic (Kyiv), Smart Plaza Obolon shopping mall (Kyiv),[17][18] West Gate Logistic (logistics complex).[19][20][21] In 2020, Dragon Capital acquired a 6 floor building for the Kyiv School of Economics.[22]

In 2021, Dragon Capital acquired financial newspapers Finance.ua and Minfin.com.ua.[23][24] In April 2021, Dragon Capital acquired UnexBank.[25][26] In May 2021 owner Olena Prytula sold the corporate rights to the Ukrainian online newspaper Ukrainska Pravda to Dragon Capital.[27]

Europe Virgin Fund edit

In July 2010, Dragon Capital established a regional private equity fund with money from EBRD, Swiss Investment Fund for Emerging Markets, Black Sea Trade and Development Bank, and other investors.[28][29]

Dragon Capital New Ukraine Fund edit

The fund was established in November 2015 invest in the Ukrainian economy and provide financial and managerial support to companies.[30][31]

References edit

  1. ^ a b Ponomarenko, Illia (2018-01-04). "Dragon Capital to purchase giant shopping mall, business center in Ukraine - Jan. 04, 2018". Kyiv Post. Retrieved 2024-04-19.
  2. ^ a b "Марафонець. Як влаштований бізнес Dragon Capital і в чому секрет Томаша Фіали — Forbes.ua". forbes.ua (in Ukrainian). 2021-02-24. Retrieved 2024-04-19.
  3. ^ "Dragon Capital завляє про намір вкласти $5 млн в офіс для KSE - FINBALANCE. Все про економіку та фінанси". finbalance.com.ua. Retrieved 2024-04-23.
  4. ^ "Dragon Capital завершила першу чергу індустріального парку у Львові — Forbes.ua". forbes.ua (in Ukrainian). 2024-02-26. Retrieved 2024-04-19.
  5. ^ "Dragon Capital інвестує близько $10 млн в цьому році в комерційну нерухомість в Україні". rau.ua (in Ukrainian). 2024-01-24. Retrieved 2024-04-19.
  6. ^ Query, Alexander (2021-05-26). "Dragon Capital buys Ukrainska Pravda - May. 26, 2021". Kyiv Post. Retrieved 2024-04-19.
  7. ^ "Exclusive: Ukraine's economy inspires optimism, hryvnia to remain below 40 to $1 USD, says Fiala". english.nv.ua. Retrieved 2024-04-19.
  8. ^ Bivings, Liliane (2021-06-25). "Dragon Capital spends millions to revive Kyiv School of Economics". Kyiv Post. Retrieved 2024-04-19.
  9. ^ "An Attempt To Pressure Ukrainian Business – The Search Into 'Dragon Capital'". en.hromadske.ua. Retrieved 2024-04-23.
  10. ^ "Dragon Capital accuses authorities of pressure after SBU spyware search (UPDATE) - Apr. 26, 2017". KyivPost. 2017-04-26. Retrieved 2024-04-23.
  11. ^ Ponomarenko, Illia (2018-01-04). "Dragon Capital to purchase giant shopping mall, business center in Ukraine - Jan. 04, 2018". Kyiv Post. Retrieved 2024-04-19.
  12. ^ "Dragon Capital closes acquisition of Vinnytsia trade center Sky Park". Interfax-Ukraine. Retrieved 2024-04-19.
  13. ^ "Dragon Capital Acquires Sky Park in Vinnytsia InVenture". inventure.com.ua. Retrieved 2024-04-19.
  14. ^ "Dragon Capital acquires Eco Tower in Zaporizhia". Interfax-Ukraine. Retrieved 2024-04-19.
  15. ^ "Dragon Capital to purchase giant shopping mall, business center in Ukraine - Kyiv Post". www.unian.info. Retrieved 2024-04-19.
  16. ^ "Dragon Capital купив київський ТРЦ "Аладдін"". LB.ua. 2019-03-06. Retrieved 2024-04-19.
  17. ^ Mukhina, Helen (2019-07-31). "Dragon Capital completes purchase of Smart Plaza Obolon trade center in Kyiv - Jul. 31, 2019". Kyiv Post. Retrieved 2024-04-19.
  18. ^ "Dragon Сapital інвестує понад $20 млн у будівництво нового комплексу на Оболоні". biz.nv.ua (in Ukrainian). Retrieved 2024-04-19.
  19. ^ "Dragon Capital bets on Ukraine's real estate | KyivPost - Ukraine's Global Voice". KyivPost. 2019-03-18. Retrieved 2024-04-23.
  20. ^ "Dragon Capital Acquires Two Logistics Depots Near Kyiv". Lawyer Monthly | Legal News Magazine. 2021-09-14. Retrieved 2024-04-19.
  21. ^ "Dragon Capital Consolidates 100% of West Gate Logistic InVenture". inventure.com.ua. Retrieved 2024-04-19.
  22. ^ Олександра, Автор: Панченко (2020-06-30). "Dragon Capital реконструює 6-поверхову будівлю для Київської школи економіки". Хмарочос (in Ukrainian). Retrieved 2024-04-23.
  23. ^ "Dragon Capital інвестував в Treeum". minfin.com.ua (in Ukrainian). Retrieved 2024-04-23.
  24. ^ "Dragon Capital інвестував в Treeum". Finance.ua (in Ukrainian). Retrieved 2024-04-23.
  25. ^ "Dragon Capital закрила угоду з купівлі "Юнекс Банку" Новинського". Економічна правда (in Ukrainian). Retrieved 2024-04-23.
  26. ^ "Dragon Capital придбав UnexBank у Вадима Новинського". Investory News (in Ukrainian). 2021-04-16. Retrieved 2024-04-23.
  27. ^ "Новим власником "Української правди" став Томаш Фіала". Українська правда (in Ukrainian). Retrieved 2024-04-19.
  28. ^ "Europe Virgin Fund". www.ebrd.com. Retrieved 2024-04-23.
  29. ^ "SALANS ADVISES DRAGON CAPITAL ON ESTABLISHMENT OF THE EUROPE VIRGIN FUND - U.S.-Ukraine Business Council (USUBC)". www.usubc.org. Retrieved 2024-04-23.
  30. ^ Zaxid.net. "Компанія Dragon Capital пообіцяла Україні великий приплив інвестицій у 2018 році". ZAXID.NET (in Ukrainian). Retrieved 2024-04-23.
  31. ^ "Сорос вирішив інвестувати в новий фонд прямих інвестицій Dragon Capital New Ukraine Fund". Finance.ua (in Ukrainian). Retrieved 2024-04-23.
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