Concorde Capital Continues to Invest in Ukraine Despite Economic Challenges

Concorde Capital continues to invest in Ukraine and advance new projects despite the challenging economic environment.

Speaking at the Forbes Private Investment conference, Concorde Capital founder Ihor Mazepa discussed the company’s investment strategy, sectors with strong long-term potential, and opportunities emerging in Ukraine amid the ongoing war.

The economic outlook remains difficult. According to Concorde Capital analysts, Ukraine’s GDP is expected to contract by 1% in 2026, with industrial output declining by 3% and inflation potentially reaching 12%. The outlook for 2027 remains subdued, with no clear signs of a return to economic growth.

Despite these challenges, we continue to see compelling investment opportunities. As Ihor Mazepa noted, periods of heightened uncertainty can provide opportunities to acquire quality assets at attractive valuations, with significant potential for long-term value appreciation.

Energy remains a core focus of our investment strategy, with more than €150 million invested in the sector to date. Recent developments include the launch of ENCRAFT, our gas-engine power generation project, securing financing for Electrica Ukraine, and evaluating further opportunities in energy storage.

We are also expanding the SHELEST Hotel ecosystem. Construction is currently underway on SHELEST MED SPA, a new development designed to broaden the resort’s wellness and medical spa offering. The project is expected to reduce seasonality, drive year-round demand, and improve overall occupancy, strengthening the resort’s long-term operating performance.

Our strategy remains focused on disciplined risk assessment, identifying attractive investment opportunities, and developing businesses with strong fundamentals and long-term growth potential.

We remain committed to investing in Ukraine, supporting the development of critical infrastructure, and contributing to the country’s long-term economic resilience and growth.