Euroventures Ukraine summarised annual growth of its portfolio companies

March 21, 2008

Euroventures Ukraine recently announced that portfolio companies of its second fund EVU II significantly improved their financials in 2007. According to companies' reports:

• Cumulative net sales of portfolio companies increased by 66%;
• Cumulative net profit - by 53%;
• Cumulative net asset value - by 123%;
• Number of employees in 4 companies - by 213%.

As of March 2007, investment portfolio of EVU II consists of Korsando Limited, a real estate developer, Chalsen Trade, a pharmaceutical retail chain operating under the brand name Vitalux, Vivaldroni Enterprises Limited, a chain of family entertainment centres Star Galaxy, Anthoreal Estates Limited, a company operating fast food chains Coffee Time, Smachna Kartoplya, Planeta Piva, Drova, Papa John.