Members meeting

  • Oslo, Norway
  • 13.06.2012
  • 10:00

NUCC would like to thank “Wikborg Rein” for organizing the event and giving to our disposal their premises. Special gratitude for the tapas part, which was outstanding as always.

Trond Moe – previous head of Telenor Ukraine, Chairman of EBA and now partner in Eastern Europe GroupSigmund Ekhougen, NUCC’s Manager opened the meeting by presenting the agenda.

Trond presented views on the development of the business climate in Ukraine and future services of the NUCC’s Ukrainian representative office in Kiev. He outlined also positive changes in investment climate during the last 3 months, attractive sectors for investments, etc.

H.E.Yurii Onischenko – is newly appointed Ambassador Extraordinary and Plenipotentiary of Ukraine to the Kingdom of Norway.

Ambassador presented himself and his views on changes in Ukrainian economy and politics for the last year. He mentioned 3-4% growth of economy, on-going gas price negotiations with Gazprom. Ambassador outlined positive forecasts for Ukrainian economy by the end of 2012, in particular return of economy to pre-crisis level. Due to Euro 2012 in Ukraine, tourism infrastructure developed significantly for the last 4 years. Football championship boosted investments and made positive impact on construction industry. It led to creation of new jobs. New custom and tax codes have recently entered into force and it can lead to simplification of respective procedures. President Yanukovich has announced adoption of anti-corruption laws and stressed that protection of foreign investments is one of the first priorities of the state.

Olav Rygg – Eksportfinans ASA, EVP Export Lending Department

Mr. Rygg presented new state lending entity for export financing called “Eksportkreditt”. He focused on the structure of financing and terms.

Panel discussion presented by:

Olav Rygg – Eksportfinans ASA, EVP Export Lending Department

Magne Schreiner – DNB ASA, First VP, Global Export Financing
Ståle Torgersbråten – Senior Advisor at the GIEK (The Norwegian export credit agency)

Moderator: Ketil E. Bøe, Wikborg Rein

Discussion was about financing of trade with Ukraine and investments in Ukraine. DNBs expert presented possible contribution on Trade & Export Financing to Ukraine. Representatives form GEIK showed GIEK guarantees when doing business in Ukraine.

Anders Lund – Fund Manager at the EBRD (European Bank for Reconstruction and Development)


Introduced E5P (Eastern Europe Energy Efficiency and Environment Partnership), business opportunities for Norwegian companies, planned projects in Ukrainian regions.