Investment Attractiveness Index with the support of the InMind research company Образец заголовка • Образец текста EBA • Второй уровень Investment Attractiveness • Третий уровень (5th wave) • Четвертый уровень • Пятый уровеньConducted by EBA Index with the support of InMind research company 1 Investment Attractiveness Index Project summary Образец with the support of the InMind research company заголовка The results of 5th wave of investment climate in Ukraine tracking research. • Образец текста What do you think about the investment climate in Ukraine? • Второй уровень How would you estimate the investment climate for your company in Ukraine at the moment compared to the previous three months? What are your expectations of the investment climate in Ukraine over the • Третий уровень next three months? In your opinion, wouldуровень it be profitable for new entrants to invest in Ukraine • Четвертый over the next three months? What are your expectations of the business environment of your primary • Пятый уровень industry over the next three months? Methodology: The EBA Investment Attractiveness Index is assessed as the mean value based on the following five questions: Participants: CEOs of EBA members companies Timing: September, 2 – 30, 2009 Survey Implementation: the Survey was conducted by EBA with the support of InMind research company 2 with the support of the InMind research company Investment Attractiveness Index Key findings Образец заголовка 5 • • • • • Образец текста 4 3,14 Второй уровень 3 2,22 2,22 Третий уровень 2 1 Четвертый уровень 0 Пятый уровень 1st wave, Sept'08 2nd wave, Oct'08 3rd wave, Jan'09 2,64 2,56 4th wave, Apr'09 5th wave, Sept'09 EBA Investment Attractiveness Index 3 with the support of the InMind research company Investment Attractiveness Index Key findings Образец • • • • • заголовка Образец текста 3,1 2,3 Второй уровень 2,8 1,8 Третий уровень 3,1 2,2 Четвертый уровень 3,4 2,3 Пятый уровень 3,3 2,5 3rd wave 4th wave 5th wave Investment Climate in Ukraine 2,0 2,3 2,2 Investment Climate Dynamics: last 3 months 2,1 2,7 2,5 Investment Climate Dynamics Expectations: next 3 months 2,2 2,8 2,6 Profitability for new entrants: next 3 months 2,4 2,7 2,6 Investment Climate of Primary Industry: next 3 months 2,4 2,7 2,9 1st wave 2nd wave General EBA Index General EBA Index General EBA Index General EBA Index General EBA Index 3,14 2,22 2,22 2,64 2,56 4 with the support of the InMind research company Investment Attractiveness Index Key findings Образец 3,5 3,4 3,1 • • • • • 3,3 заголовка 3,2 3,1 Образец текста Второй уровень Третий уровень Четвертый уровень Пятый уровень 2,9 2,9 2,8 2,3 2 3,3 3,1 3 2,2 2,3 2,5 2,7 2,7 2,3 2 Present Investment Climate 2,2 2,6 2,6 1st wave 1st wave 1st wave 1st wave 2nd wave 3rd wave 4th wave 5th wave (September, (September, (September, (September, (October, (January, 19 – (April, 6 – (September, February, 12) May, 14) 2-30) 3-7) 8-21) 22-28) 29-October,2) 23-31) N=42 N=26 N=50 N=33 N=53 General EBA Index N=103 N=78 Future Investment Climate (Expectations) N=59 5 Investment Attractiveness Index with the support of the InMind research company Образец заголовка • • • • • Образец текста EBA – Index: Второй уровень Третий уровень Components Четвертый уровень Пятый уровень 6 with the support of the InMind research company Investment Attractiveness Index Investment Climate in Ukraine Образец заголовка 6 + • • • • • 8% 37% 0 18% 33% 4% Образец текста Второй уровень Третий уровень Четвертый уровень Пятый уровень 4% 6% 15% 3% 8% 7% 47% 3% 15% 12% 46% 51% 24% 35% 5 The Investment Climate in Ukraine is… (5 point scale) 5 - definitely favourable to investing 5% 5% 15% 4 4 - rather favourable to investing 3 3 - neutral to investing 2 - rather unfavourable to investing 53% 2 1 - definitely unfavourable to investing Mean 24% 22% 1 – 0 1st wave 2nd wave 3rd wave 4th wave 5th wave Mean = 3,1 Mean = 2,3 Mean = 2,0 Mean = 2,3 Mean = 2,2 7 with the support of the InMind research company Investment Attractiveness Index Investment Climate Dynamics: Образец заголовка last 3 months 6 + • • • • • 3% 12% 50% 0 28% 7% Образец текста Второй уровень Третий уровень Четвертый уровень Пятый уровень 4% 13% 19% 5% 6% 17% 49% The Investment Climate in Ukraine… 5 (5 point scale) 2% 5% 4 4 - rather became better 47% 3 36% 40% 22% 36% 3 - remained the same 2 - rather became worse 29% 2 1 - definitely became worse 13% 41% 5 - definitely became better 17% 1 Mean – 0 1st wave 2nd wave 3rd wave 4th wave 5th wave Mean = 2,8 Mean = 1,8 Mean = 2,1 Mean = 2,7 Mean = 2,5 8 with the support of the InMind research company Investment Attractiveness Index Investment Climate dynamics Образец заголовка expectations: next 3 months 6 + • • • • • 9% 17% 50% 0 22% 2% Образец текста Второй уровень Третий уровень Четвертый уровень Пятый уровень 2% 3% 6% 36% 29% 6% 8% 50% 33% 29% 38% 24% 29% 6% The Investment Climate in Ukraine… 5 (5 point scale) 3% 14% 4 4 - will rather become better 39% 3 32% 5 - will definitely become better 3 - will remain the same 2 - will rather become worse 2 1 - will definitely become worse 12% 1 Mean – 0 1st wave 2nd wave 3rd wave 4th wave 5th wave Mean = 3,1 Mean = 2,2 Mean = 2,2 Mean = 2,8 Mean = 2,6 9 with the support of the InMind research company Investment Attractiveness Index Profitability for New entrants: Образец заголовка next 3 months 6 + • • • • • 17% 27% 40% 0 14% 2% Образец текста Второй уровень Третий уровень Четвертый уровень Пятый уровень 4% 11% 9% 4% 21% 32% 34% 32% 5% 15% 41% 24% 14% 30% 23% Profitability for New Entrants … 5 (5 point scale) 12% 12% 5 - Definitely profitable 4 4 - Rather profitable 19% 3 3 - Difficult to say 2 - Rather not profitable 39% 2 19% 1 - Definitely not profitable Mean 1 – 0 1st wave 2nd wave 3rd wave 4th wave 5th wave Mean = 3,4 Mean = 2,3 Mean = 2,4 Mean = 2,7 Mean = 2,6 10 with the support of the InMind research company Investment Attractiveness Index Investment Climate of Образец заголовка primary industry: next 3 months 6 + • • • • • 20% 16% 45% 0 17% 2% Образец текста Второй уровень Третий уровень Четвертый уровень Пятый уровень 7% 7% 4% 10% 38% 30% 25% 23% 33% 23% 5% 6% 51% 31% 3% Investment climate of primary industry… (5 point scale) 5 22% 5 - will definitely become better 4 4 - will rather become better 48% 3 2 - will rather become worse 16% 10% 3 - will remain the same 2 6% 1 - will definitely become worse Mean 1 – 0 1st wave 2nd wave 3rd wave 4th wave 5th wave Mean = 3,3 Mean = 2,5 Mean = 2,4 Mean = 2,7 Mean = 2,9 11 with the support of the InMind research company Investment Attractiveness Index Key findings Образец заголовка • Five-grade scale is used to evaluate the investment climate, where 1 stands for the lowest evaluation and 5 stands for the highest evaluation • Образец текста • Второй уровень • In the 3 quarter of 2009 the EBA Investment Attractiveness Index remained practically at the same level of 2.56 on a 5 point scale with • Третий уровень the slight trend to decrease compared to 2.64 in the 2 quarter of 2009 • Четвертый уровень • During 2009 the уровень Index shows very graduate changes. After the • Пятый sharp decrease in September 2008 and reaching the lowest marks in rd nd October’08 and January’09 the Index slightly grew to 2.6 in April and remains almost unchanged until September’09 12 Investment Attractiveness Index Key findings Образец with the support of the InMind research company заголовка • Образец текста • Второй уровень • Третий уровень • Четвертый уровень Пятый уровень •• There is a tendency of growing gap between past periods versus • The current investment climate estimation remains as the lowest Index component reaching only 2.2 while the expectation for the primary industries reached the highest score: 2.9. Therefore investors demonstrate more optimistic estimation of the investment climate in their primary industries within the coming 3 months compared to the overall climate. The profitability for the new entrants estimations became more polarized compared to the previous period neutral estimations. coming periods expectations evaluations that reveals moderate optimism in investors expectations 13 with the support of the InMind research company Investment Attractiveness Index Образец заголовка • • • • • Образец текста Второй уровень Thank Третий уровень Четвертый уровень Пятый уровень you! 14