BG Capital Vice President on Corporate Finance Yevhen Cherviachenko forecasts that in 2011 about 15-20 Ukrainian companies will be working over IPO in 2011.

However, according to him, only about five companies could successfully complete IPO. Total amount of funds attracted by them will make up from USD 300 million to USD 600 million.

Cherviachenko added that according to BG Capital information, this year public placements are planned to be carried out by the companies representing retail, agrarian and industrial sectors.

"Demand for stocks of Ukrainian companies is traditionally preserved on the part of pension, hedging funds and others. In total, about 100 funds are ready to invest in Ukraine (through trading floors). In addition, if placement is made at Warsaw Stock Exchange, a stable interest to securities of national companies in 2010 and 2011 is shown by Polish retail investors," the expert noted.

Warsaw and London Exchanges will remain traditional this year, according to Cherviachenko. "By the way, resource companies also consider "raw materials" trading floors of Toronto and Hong Kong as an alternative," the expert added.

UKRINFORM