State Agency for Investment and National Projects of Ukraine held a meeting with the Turkish investors – Alapala Group Company and the Оgilchyn Capital Bank.
During the meeting, member of the Board of Directors at Alapala Group, Mehmet Alapala noted that since 2004 his company has launched production in the Zaporizhzhya region, namely the Alapala Mulino flour processing plant with a production capacity of 100 tons per day.
Businessman emphasized that Ukraine is among the five largest grain producers of the World, but technologies that are used in the State are rather outdated. Therefore, according to him, in Ukraine losses at the flour processing amount to 30%, and this indicator is much higher than in other states. In addition, 4% of grain are delivered to the production facilities with various damages, while in other countries share of the damaged grains is 8 times less.
Mehmet Alapala noted that the Turkish business community perceives new investment opportunities after the last changes that occurred in Ukraine. At the same time he noted that the Turkish companies have been recently facing the VAT compensation problems in Ukraine. Therefore, in order to avoid such situations in the future, it is important to establish effective dialogue with the new Government.
In turn, the First Deputy Head of the Agency, Kyrylo Bondar said that the Agency provides investors with a comprehensive assistance for work in Ukraine, and presented the main aspects of the Agency and InvestUkraine’s activity.
“The Agency can be called a specific investment bank, as we are located between the investors and the State authorities. We help them to find common ground and start working in Ukraine. The Agency is like a free professional consultant that has all the features to help you to work successfully,” – noticed K. Bondar.
Meeting was attended by the First Deputy Head of the Agency, Kyrylo Bondar, General Director of the Alapala Mulino Mills, Member of the Board of Directors at Alapala Group, Mahmet Alapala and President of the Ogilchyn Capital Investment Bank, Ivan Ogilchyn.
Reference:
Alapala Group (Turkey) includes 7 companies, which are actively working at the 4 main sectors: industry, food products, external trade, and construction.
Alapala Makina Company(founded in 1954) is the oldest and main enterprise at the Alapala Group. The Company operates in the industrial sector and engaged in the food industry objects construction and production equipment manufacturing, grain crops transportation and processing. Within its sector, Alapala Makina is in the list of two largest enterprises of the World.
