On 7 October next, Egis' Ukrainian subsidiary will celebrate its 20th anniversary in Kiev in the company of its customers and partners and Egis senior management. The Group has put down solid roots in this country and is a key player in the Ukrainian infrastructure sector with excellent development prospects.
06 October 2016
The Group opened an office in 1993 and set up a subsidiary in 1996 to capitalise on its success. After initially providing technical assistance and consulting services to government ministries, Egis teams were involved in major projects that related to harmonising Ukrainian legislation and regional development.
After 2008, Egis began to refocus on the Group's core business – engineering – enabling it to secure a number of attractive contracts to oversee and redevelop key road transport corridors and provide technical assistance at local level. For example, Egis oversaw work to upgrade the M06 Kyiv-Chop Highway through 2012, a programme that was jointly funded by the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB). Egis also stepped up its operations in the Western Ukrainian city of Lviv by securing contracts to modernise urban transportation.
As Arnaud de Rugy, CEO of Egis Ukraina explains, "although the events of 2013 and 2014 severely curtailed this growth, the situation is stable at present and investment is starting to return, notably thanks to a renewed commitment by EU and international institutions to helping Ukraine develop its infrastructure. This support is helping to generate flagship projects that enable Egis to consolidate its position in Ukraine."
The Group enjoys a number of competitive advantages in this country: aside from its expertise, Egis derives strength from its local roots and knowledge as well as from the close ties it has forged with the Ukrainian people. Nicolas Jachiet, Chairman and CEO of Egis explains that, "our main priority is to forge close ties with our clients based on long-term, 'quality-centric' relationships".
Egis' Ukrainian subsidiary currently has 70 high-level employees split between the main office in Kiev (where around 30 people are based) and the cities of Lviv, Dnipropetrovsk, Odessa and Poltava.
The aim is to grow the offering and expand Egis' footprint in the sectors of industry, construction, water and waste management where clients demand a high level of expertise. Nicolas Jachiet goes on to say, "Egis is a key player in the Ukrainian infrastructure sector and we wish to consolidate this position across all of our business lines. Ukraine represents fertile investment territory for our Group".