On December 6, 2024, Yaroslav Romanchuk, lawyer, managing partner of EUCONLAW Group, has given a speech at the conference “Finance and prospects: IFRS, automation and investments – the key to the development of your business.”.
Mr. Romanchuk shared in his presentation practical recommendations on attracting financial resources through the creation of partnerships with foreign investors.
He had noted that nowadays there are many foreign investors are considering the possibility of entering the Ukrainian market. In his speech, he outlined what Ukrainian business should be ready for a successful partnership, focusing on the key aspects that determine investors’ decisions:
- Co-investment. Foreign investors are usually willing to cooperate only if the business partner owns a certain percentage of their own funds.
- Reputation as a key factor. Checking the reputation of co-owners, top managers and partners is a must for investors.
- Corporate structure and management. Foreign partners expect a intelligible corporate structure, a clear management system and often want to participate directly in decision-making.
- Capitalization of assets. Often the assets offered by co-owners are undercapitalized or overvalued.
- Financial intelligibility. Effective management accounting and a clear understanding of financial processes are the basic requirements for potential partners.
- Legal support. Foreign investors expect the involvement of independent legal advisers and intelligibility in the procedure of using and managing investment resources.
Yaroslav had emphasized that cooperation with foreign investors requires Ukrainian business to be thoroughly prepared, comply with international standards, and be intelligible in conducting business. Only in this way it is possible to create a long-term and effective partnership that will promote business development even in difficult conditions.