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Posted On

24
August
2022

Dragon Capital to restore its warehouse facilities only after war end

KYIV. Aug 24 (Interfax-Ukraine) – The Dragon Capital investment company plans to restore warehouses destroyed because of Russian aggression against Ukraine after the end of the war, CEO and founder of Dragon Capital investment company Tomas Fiala has said in an interview with NV.

According to him, out of three warehouses destroyed in March in Stoyanka, Bucha and Hostomel, Kyiv region, the company partially restored two objects.

"In May, we decided to partially repair two buildings – in Bucha and Stoyanka. Now they have already been rented out and are working. But over 80%, which is more than 100,000 square meters, burned down completely. We will restore them only after the end of the war," Fiala said.

According to Dragon Capital, the damage from destruction of the logistics center in Stoyanka with an area of 120,000 square meters totals $60 million, excluding lost revenue until the warehouse is restored.

The businessman noted that today the investment company’s businesses operate from 50% to 90% of the pre-war level.

Dragon Capital is one of the largest investment groups in Ukraine in the field of investments and financial services, providing a full range of investment banking and brokerage services, direct investments, asset management for institutional, corporate and private clients. The company was founded in 2000 in Kyiv. One of the key activities of Dragon Capital is investment in the real estate market.