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9:09 AM Wednesday, November 22, 2017
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Western NIS Enterprise Fund Commits $30 million to Emerging Europe Growth Fund III
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EEGF III will invest in fast-growing, export-oriented companies with roots in Ukraine and Moldova, in sectors including information technology, light manufacturing and food and agriculture.

Jaroslawa Z. Johnson, President and CEO of the Western NIS Enterprise Fund

“Ukraine and Moldova have demonstrated impressive exports growth of 29% and 27%, respectively, in the first quarter of 2017, which is expected to provide attractive investment opportunities for this new fund,” said Jaroslawa Z. Johnson, WNISEF President and Chief Executive Officer.

The EEGF III target size is $150 million. Besides WNISEF, it is funded by the European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), Dutch development bank FMO and German investment corporation DEG, a wholly-owned subsidiary of KfW, and other esteemed investors.


For more information and comment please contact:

Western NIS Enterprise Fund, Press-office

Eugenia Reznychenko, ereznychenko@be-it.com.ua, +380669011096

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