KIEV, Sept. 28 – The attraction of foreign capital will be a key factor for growth of Ukrainian companies in the period of economic recovery, and they should start preparing for IPOs now, according to participants of a conference devoted to IPOs with the participation of the Phoenix Capital Investment Company, the Vienna Stock Exchange, Baiten Burkkhardt and PricewaterhouseCoopers.

"An IPO for Ukrainian companies is a strategic choice, and those companies that are first in the process of attracting public capital after market recovery could use the market situation for capitalization, gaining chances of growth and the consolidation of markets, which are still unrealized in the conditions of a lack of funds," Phoenix Capital managing director Dmytro Havrylenko said.