|
With a population of almost
300MM, abundant natural resources, a vibrant economy, strategic geopolitical
location and an energy corridor for Europe, the New European Frontier
countries of Russia, Ukraine, Turkey and other neighboring countries are set
to play a major role during the XXIst Century.
|
|
Russia |
Ukrain |
Turkey |
|
Population |
143.4MM |
48.4MM |
69.7MM |
|
Net Export ( 2005 ) |
$129 Billion |
|
|
|
GDP ( 2004 ) |
|
$61.9 Billion |
$298.9 Billion |
|
Real GDP Growth Rate (
2004E ) |
|
11.2% |
8.9% |
|
Æ
UKRAINE - ECONOMIC OVERVIEW
|
Market Exchange Rate (12/16/04) |
US
$1=5.53 hryvnia |
|
|
|
|
Nominal Gross Domestic Product (GDP) (2003E) |
$49.6
billion |
|
Nominal Gross Domestic Product (GDP) (2004F) |
$61.9
billion |
|
|
|
|
Real
GDP Growth Rate (2003E) |
4.4% |
|
Real
GDP Growth Rate (2004E) |
11.2% |
|
Real
GDP Growth Rate (2005F) |
8.0%
|
|
|
|
|
Inflation Rate (Change in Consumer Prices 2003) |
5.2% |
|
Inflation Rate (2004E) |
7.0 % |
|
Inflation Rate (2005F) |
8.9% |
| |
|
|
Official Unemployment Rate (2003E) |
4.4% |
|
Official Unemployment Rate (2004E) |
4.2% |
|
|
|
|
Current Account Surplus (2003E) |
$2.89
billion |
|
Current Account Surplus (2004E) |
$3.63
billion |
|
|
|
|
Major
Trading Partners |
Russia, EU, U.S., Turkey |
|
|
|
|
Merchandise Exports (2003E) |
$23.7
billion |
|
Merchandise Exports (2004E) |
$31.2
billion |
|
|
|
|
Merchandise Imports (2003E) |
$24.0
billion |
|
Merchandise Imports (2004E) |
$29.4
billion |
|
|
|
|
Merchandise Trade Surplus (2003E) |
-$269
million |
|
Merchandise Trade Surplus (2004E) |
1.58
billion |
|
|
|
|
Major
Exports |
ferrous and nonferrous metals, fuel and petroleum products,
machinery and transport equipment, food products |
|
|
|
|
Major
Imports |
energy, machinery and parts, transportation equipment, chemicals |
|
|
|
|
External Debt (2003E) |
$16.0
billion |
|
External Debt (2004E) |
$16.4
billion |
|
External Debt (2005F) |
$18.0
billion |
Æ
TURKEY - ECONOMIC OVERVIEW
|
Currency |
Turkish New Lira (TNL)
|
|
|
|
|
Market Exchange Rate (6/2/05) |
US$1=1.364 TNL |
|
|
|
|
Gross
Domestic Product (GDP) (2004E, market exchange rates) |
$298.9 billion |
|
|
|
|
Real
GDP Growth Rate (2004E) |
8.9% |
|
Real
GDP Growth Rate (2005F) |
5.6%
|
| |
|
|
Consumer Price Inflation Rate (2004E) |
8.6% |
|
Consumer Price Inflation Rate (2005F) |
8.0%
|
|
|
|
|
Unemployment Rate (1Q04E) |
12.4% |
|
Unemployment Rate (1Q05E) |
11.7% |
|
|
|
|
Current Account Balance (2004E)
|
-$15.5 billion |
|
|
|
|
Major
Trading Partners |
Germany, United States, Italy, France, United Kingdom, Russia
|
|
|
|
|
Merchandise Exports (2004E) |
$67.0
billion
|
|
|
|
|
Merchandise Imports (2004E) |
$90.7
billion
|
|
|
|
|
Merchandise Trade Balance (2004E) |
-$23.8 billion
|
|
|
|
|
Major
Export Products |
Agricultural, textiles, iron, steel |
|
|
|
|
Major
Import Products |
Oil,
machinery, chemicals, iron, steel
|
|
|
|
|
Net
External Debt (12/04) |
$114.3 billion (40.7% of GDP) |
é
Ukraine:
An Opportunity to be seized today:
 The total Ukrainian stock
market capitalization is approximately $16 Billion. The largest publicly
traded company, Ukrtelecom is valued at $3.4 Billion, a fraction of similar
companies in other emerging countries. The market capitalization of about
10% of GDP is below that of many other transition economies. The nascent
nature of this capital market underscores the tremendous upside potential
for investors. Assets can be acquired through such financial instruments as
shares, ADRs, convertible bonds, convertible participating bonds, share
index bonds, bonds with warrants, subscription rights, paid subscription
shares, and warrants.
|
Yalta Capital
Management Ltd.
.................................................................................................................................................. |
234 Riverside Avenue, Riverside, CT, 06878, USA
Tel
203
637 1083
Fax
203
698 1097 |
 |
Kostelnaya Street 11/18,
01001 Kyiv,
UKRAINE
|
|
Kalanchevskaya Ulitsa, 2
Moscow
101174,
RUSSIA
|
|
