Bratislava, February 4, 2010 – Arca Capital wishes to purchase 50 percent plus one of the shares in the well-know Kharkivmetrostroy Company from the State Property Fund of Ukraine. Kharkivmetrostroy is one of the largest construction companies in Ukraine, with more than 500 employees. Among the main activities of the company is the construction of the underground subway system in Kharkiv, the second largest city in Ukraine.

Currently, Arca Capital owns a blocking minority share in Kharkivmetrostroy. In 2006, Arca purchased 33 percent of this company and gradually increased its share to the current level of 38 percent. “Kharkivmetrostroy is a construction company with a great future. It is one of the strategic enterprises of Ukraine and receives many government contracts. For the next three years, contracts for projects worth 450 million Ukrainian grivnas have been awarded to the company for the development of the City of Kharkiv, Ukraine,” says Pavol Krúpa of Arca Capital, the company’s future majority shareholder.

The company has several divisions that operate in the construction sphere in Kharkiv, in the Crimea, and some even in Russia. The Kharkivmetrostroy Company also owns a number of interesting objects that can be developed in the future.

“We are determined, together with our partner – the City of Kharkiv, to obtain the controlling interest in Kharkivmetrostroy. At this moment, negotiations are underway with the Mayor of Kharkiv, Mikhail M. Dopkin,” adds Pavol Krúpa. “In cooperation with the City of Kharkiv, we plan to jointly develop the city and to attract additional investors from Europe. We wish to complete the infrastructure of the city, the Kharkiv Metro and to become a stimulus for the overall development of the construction business.

Arca Capital Group
Arca Capital is a private equity and real estate group holding which has offices in Slovakia, the Czech Republic, Ukraine and Great Britain. The group invests into companies operating in various sectors, such as food processing, construction, engineering, information technology, etc. Arca Capital focuses on development activities especially in Slovakia and Ukraine. Last year, Arca Capital created the first self-governing qualified investor fund in the Czech Republic – the Arca Capital CEE, whose funds are directed, inter alia, into private equity investments. Today, Arca Capital manages assets totaling more than 125 million EURO and its profile companies employ more than 4,000 people.

For more information contact:
Monika Dobrovodská
Marketing & PR Manager
Arca Capital
Tel.: (+421) 258 253 514
Cell: (+421) 903 771 656
e-mail: dobrovodska@arcacapital.sk
www.arcacapital.sk