Andriy Zhurzhiy
In 2022, the founder of this company Andriy Zhurzhiy has already launched the REIT (real estate investment trusts) market in Ukraine, notes Ekonomicheskaya Pravda. In order to create a stock exchange, Inzhur registered a new legal entity – Inzhur Ukrainian Stock Exchange LLC – on November 5.
The publication reports that there are two organizers of trading in financial instruments in Ukraine – stock exchanges Perspektiva and PFTS. It would seem that creation of another exchange is not very promising for the not very developed Ukrainian securities market. But the company is sure of the opposite. “None of the existing stock exchanges has been able to become a tool for realizing the potential of the Ukrainian stock market,” the company said in a statement.
Inzhur founder Andriy Zhurzhiy develops the theme. “None has been able to become a platform where Ukrainian companies could raise capital through the placement of their own securities, and investors could safely invest for profit. Now more than 90% of trading on the existing exchanges are government bonds, which in this context make no sense to take into account, because it is just a debt replacement by the state, which does not create additional value,” Ukrainska Pravda quoted him as saying.
Zhurzhiy is sure that Ukraine needs a liquid stock exchange so that Ukrainian companies and private investors could realize their potential at home instead of using stock exchanges in Warsaw, London or New York.
“Our team is carefully analyzing and solving software, liquidity and many other issues so that in the near future our product can really become the first choice for Ukrainian companies and investors,” the Ukrainian businessman promises.
