Igor Mazepa: It is difficult to predict when the fate of the world depends on the decision-making process of one person

Igor Mazepa, CEO and founder of the investment company Concorde Capital, in an interview with The New York Times about how business has changed in Ukraine.

According to Igor Mazepa, the threat of Russia’s invasion of Ukraine has significantly affected the way Ukrainians feel about shopping. “If you understand that Russian troops are approaching the borders of Ukraine, you will not buy a new iPhone, car or house,” says Igor Mazepa.

Speaking about how the escalation of the conflict affects business, Igor Mazepa said: “Though I had been expecting an economic boom, when Ukraine began to recover after the pandemic, the situation has changed quite quickly. Several of our Concorde Capital deals have been canceled because companies are too intimidated by the ongoing conflict with Russia. However, in general, in my opinion, our local investors are more resistant to external pressure. “

According to Igor Mazepa, it is difficult to make any predictions about the future, when the fate of the world depends on the decision-making process of one person.