After the eight-year break Ukrainian companies could hold initial public offering (IPO) in 2020, Head of Concorde Capital (Kyiv) Ihor Mazepa has said.

"Fast-growing, dynamic companies always have a chance to attract financing, even equity investments. This is a good sign that in 2020, after the elections, we should expect the opening of a public market for Ukrainian companies," he said in an interview with Interfax-Ukraine.

He said that this is about foreign markets.

"There is still no domestic money, or there are not enough of it... I expect that in the next two years, many deals, as it was in 2005-2006, will be carried out in London, Warsaw and other foreign stock exchanges," he said.

As reported, the holding company of the leading Ukrainian shipping operator - KDM Shipping Public Ltd. (Cyprus) - was the last of Ukraine's companies that entered the foreign capital market with an IPO. At the end of July 2012, the company placed 10.9% of the shares on the Warsaw Stock Exchange (WSE). As a result, $7.4 million was raised.

In general, 13 Ukrainian companies debuted on the WSE: 11 on the main market, and two on the alternative NewConnect.