Memoirs of a Gasman: Business in the Ukraine, Part 2


Part 2 of the Ukraine story recollects the successful integration of the AGA group into the Ukraine gases market.

Having established first contact in the Ukraine gases market, AGA saw the potential for investment and decided to assert itself in the region.

The acquisition of DOP
After the initial contacts in 1992 and 1993, we made several visits to the company, we invited the management to visit AGA in Sweden and Finland and in 1994, the company was listed among those companies in the Ukraine to be privatized.

The privatization process started in 1995, and a number of industrial gas companies declared interest. There were also a couple of international investment bankers who saw the opportunities of being involved at an early stage of the privatization process.

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