Chief Executive Officer of umgi, a private equity firm specialising in investments in mid-sized businesses. He has led the company since 2006 and brings over 20 years of experience in M&A, investment management, and corporate governance.
For 19 years, umgi has been investing in the development of the Ukrainian economy, directing more than USD 300 million into projects that create jobs and deliver positive change. The firm develops businesses in the circular and green economy, mining, industrial production, and services. Since 2020, umgi’s investment geography has expanded beyond Ukraine and now spans seven more countries, including Spain, Italy, and Romania.
umgi’s mission goes beyond growing the businesses already in its portfolio. The firm actively works to attract foreign investors to Ukraine through co-investments and supports Ukrainian entrepreneurs in taking their businesses and investments to international markets.
Andrii Gorokhov is a graduate of INSEAD and Harvard Business School.
Ukrainian industry has suffered heavy losses during the years of war. However, the state has made this sector a priority, offering support tools such as cashback programs, risk insurance, and tax incentives. This has led to positive recovery dynamics: new industrial parks are emerging as hubs of production, new factories are being built. Still, these efforts are not enough to compensate for what has been lost.
Industrial companies continue to face shortages of capital, lack of skilled workers, expensive energy resources, and barriers to access foreign markets. At the same time, they show that even under such conditions, it is possible to launch new projects and find growth opportunities.
During this panel, industry leaders will share their experience, insights, and vision of what needs to be done to make industry a true driver of Ukraine’s economic recovery.