Broad Street Capital Group Initiates Coverage of Municipal Infrastructure Markets in Eastern Europe
August 1, 2005
Broad Street Capital Group is pleased to announce that it has initiated market coverage of municipal infrastructure sector in Ukraine, Russia and CIS.
The municipal systems, such as water/waste water, sanitation and district heating, in Ukraine, Russia and CIS are currently in a deteriorating state and are in need of extensive rehabilitation and modernization. Political and financial changes are currently taking place to open up the markets to new investment. These changes will have a very positive impact on the population in addition to the economic and environmental conditions of these countries. Many large international banks, including US EXIM Bank and EBRD, are currently very active in these markets.
Alexander Gordin, Managing Director of Broad Street Capital Group, adds "Municipal infrastructure rehabilitation market represents a phenomenal opportunity for US equipment and services suppliers in the coming decade. Broad Street Capital Group has already secured a position as financial advisor in several projects in the municipal market and is developing a program for US suppliers to assist with entry into this rapidly emerging and potentially very lucrative market. US suppliers interested in expanding into this market, are currently being evaluated."
As part of its effort to provide comprehensive market coverage, Broad Street Capital Group has published the following reports, Water/Waste Water Rehabilitation Markets - Ukraine
, Ukraine Water Utilities - Individual Market Reports, and Water/Waste Water Market Briefing - Russia
Based in the heart of the financial district of New York City, Broad Street Capital Group is an international private merchant bank with offices and subsidiaries in Moscow, Toronto and Kiev. The firm carries on centuries of honored merchant banking traditions, providing a comprehensive array of services to emerging and mid-size private and government owned enterprises including merchant banking, trade and project financing, investments and asset management, strategic business development and professional business services.
For more information contact Broad Street Capital Group at 212.490.4323 or visit www.broadstreetcap.com
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