Fund managers are keen to increase their exposure to agriculture, which, thanks to surging global demand and soft commodity prices, is emerging as a key investment theme in central and eastern Europe.
“We think that 2008 will be a landmark year for share issues by agricultural groups in Ukraine,” says Tamara Levchenko, agriculture analyst at leading Ukrainian investment bank Dragon Capital. Blessed with an abundance of highly fertile black earth farmland, Ukraine is increasingly seen as a key player in global agriculture, a status that has been bolstered by the country’s accession to the World Trade Organization.
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