The forth investment forum “Cherkashchyna investytsiyna 2009” took place in Cherkasy, in Palace “Friendship of the Nations” on May, 14 – 15 under the auspices of Cherkasy Regional Administration. The heads of Ukrainian and foreign agrarian, industrial, constructing companies and financial organizations, the representatives of the Chamber of Commerce from different regions and diplomatic corps took part in the forum. The event had multiple aims such as to give the investment opportunities to the region, to promote investments into the middle and small business, to widen commercial and economic cooperation. During two days the forum lasted more than 50 investment projects were represented, the realization of which requires over $ 700 Mio. A fair of the goods, produced by companies of Cherkasy named “Fair of the Investment Projects” took place in the framework of the forum. New investment offers, projects, scientific projects, which may be realized with the financial help of domestic and foreign partners. The participation in the forum gave an excellent opportunity for companies to show their possibilities and have a straight talk with officials about positive investment climate creation. Moreover, the officials itself claimed investments attracting of the priority directions in their work. Over 50 foremost companies represented the economic potential of the Cherkasy region. At the forum a plenary meeting took place, during which the Head of the Cherkasy State Regional Administration – Oleksandr Volodymyrovych Cherevko – hold a speech of welcome. The General Director of “NIBULON”, the Hero of Ukraine O. O. Vadaturskyy was the next one to make a speech. In particular he underlined the fact, that it is “NIBULON” that has the right to be considered as one of the most powerful investors of the agrarian complex in Cherkasy region. Up from the spring 2007, when company started to operate in Cherkasy region, a new storage facility in village Voznesens’ke of Zolotonosha district had been constructed and put into operation along with two new branches: “Chigirin” and “Kamyanka”. It’s also worth mentioning that every 6th ton of grain in Cherkasy region was produced and sold by “NIBULON”. The work is humming. According to the results of the marketing year 2008/2009 the company’s Transshipment Terminal in Mykolayiv city accepted more than 5 thousand trucks from Cherkasy region loaded with agricultural products and it means a high rate of petroleum consumption, usage of the services of the long-distance trucks, and railway is not much cheaper due to the monopoly of the Ukrzaliznytsya. No one envies the commodity producers. The necessity to solve the complicated problem of logistics compelled “NIBULON” to realize new major investment project worth more than $150 Mio. The project includes the construction of 7 grain elevators with total grain capacity over 300 000 tons, construction of the transshipment terminal in Cherkasy region, construction of 24 barges of mixed (river-sea) type, and construction and purchase of 14 sea and river tugs. Due to this project Cherkasy region is going to receive 150 Mio UAH of investments and that is 10% of the total demands of agrarian sector of the whole region for this year. Do not forget the additional work positions we are going to create. Moreover, this project realization is going to restore the existence of the Dnipro transportation hub and is going to revive the Dnipro as Ukrainian thruway. According to Oleksiy Opanasovych Vadaturskyy, investment forum is a dialog between business and authorities and it provides an opportunity to share the experience. The dialog like this helps us to be sure in the positive results of the cooperation. To finish his speech, Oleksiy Vadaturskyy thanked the Head of the Cherkasy State Regional Administration – Oleksandr Volodymyrovych Cherevko and the Head of Cherkasy Regional Council –Volodymyr Anatoliyovych Gres’, the Heads of the State Regional Administrations of Chygyryn and Kamyanets districts Petro Mykytovych Lytvyn and Rostyslav Pertovych Remenyuk, heads of the state organizations and companies for their cooperation.   Photo report