Igor Mazepa: why invest in healthcare and online retail

Igor Mazepa: despite the fact that Ukraine is often criticized by many investors – both foreign and local Ukrainian. Certainly not fair to say that this is the area where only the investors lose money, where the business only to suffer and no one earns. With all those negatives, which businessmen and ordinary Ukrainians and politicians hear, know and say each day, of course Ukraine remains a promising place for a number of areas of industry.

First, it concerns medicine. For example, the service sector is a huge market of $ 5 billion, estimated the market itself. In addition to medicine amount of such can have the MMC sector, agriculture, IT in some way. This is one of the largest sectors in our country, on the one hand. On the other hand, if you look at our demanding consumer services that, in principle, you will notice that in many areas services of Ukraine come a very long way. And really not worse than other countries can provide this very service. For example, the restaurants we have at least in Kiev is no worse than London or Moscow. The gas station very often better than anywhere in North America or even in Europe. Banking services, mobile communication, Internet – all this develops very quickly, all very high-tech and modern – says Igor Mazepa

All except medicine. Medicine still lives in this Soviet primitive state. When ordinary citizens and even unusual people simply do not have the ability to get normal, clear, high-quality service. Therefore, we in the “Concord” I think that medicine is one of the areas where… Or, at least, are seeing this trend overflow of patients from the state or community medicine in private. This trend is only growing and it will continue for the next 10 years. And so, at least we’re in Concord we see a very promising mood. And that’s why we invest in “welfare”. “Welfare” today is the largest private company we have Ukraine.

The next promising direction, which we in Concord see is the online retail. Retail in itself is pretty funny and sweet segment. Wages and real wages in Ukraine last year are growing substantially. This year, 18 year, we expect growth in real wages at 30%. And of course it has its own meaning, it’s having an effect on what people spend more. Spend more on pies, some basic food to fine food, to appliances, to cars, computers, anything. Accordingly, the retail segment or retail segment we believe is very promising. We are already seeing the first of this year, growth in retail at 20%.

But even more, I would like to pay attention to online retail. This is what has been developed already some time ago, or even a long time ago in the rest of the civilized Western world. Even if you want to buy a watch, shoes, jacket, cake, anything you can so easy to order in the online store. You within a reasonable time all this will bring. And in Ukraine, online-retail have been developed the last probably 5-7 years ago. And of course we care, as in medicine, we see enormous potential overflow of clients from the ground normal retail in online retail. Today, according to in the “Concord”, we think that the market share of online in total retail is about 10%. I do not exclude, we expected that the next three years, the share will be 50%. So of course we are interested in everything that is online retail. It will be this bet on future growth in Ukraine.

Related posts