Asteria

Providing Telecommunications systems in Odessa

Founded in 1994, Asteria, a private Odessa-based company (number of employees -26) has been involved in producing Yellow Pages directories (including CD-ROM version) for Odessa city and Odessa region and as a creator of the most reliable and complete information for that type of directory in a four-year period turned to become second to none in Ukraine in this area of business. In 1998 Asteria, along with Infonet, Odessa, its subsidiary, set up an Internet center whose equipment and 10 MB channel had been acquired from Taide Network AS, Norway.  They were approved by the Odessa Municipal Council Executive Committee in 1998 as the principal contractor in implementation of long-term large-scale Information Network Development Program for the city of Odessa.   Asteria at the same time has come into very important multilateral agreements with the Central government telecommunications organization "UkrCosmos", regional center of information network and communications technologies and technical facilities "Odessa Telecom", large regional private bank institution (Bank "Pivdeny"), and some other local organizations dealing with telecommunications on creating the Odessa fragment of the all the Ukraine Satellite Information Transmission System.

To fulfill obligations stemming from the contract with the local government on participating in the implementation of a long-term large-scale Information Network Development Program for the city of Odessa the company seeks a U.S. investor (vendor credit line or postponed payments).  The funds would be used for acquiring equipment consisting mainly of Polywell Alpha533LX System (USA), Polywell 500QX7 Pentium System (USA) computer hardware and Redhat Linux (USA) computer software, for a total value of US$290,000. A business plan in English is available upon request. To increase the range and the circulation of a Yellow Pages type directory in Odessa and other regions of Ukraine the company also seeks a U.S. company for establishing long-term cooperation on a basis of a partnership or agency agreement.

Note:
(a) Market demand for Asteria's product in Odessa is considerable, the company's business has adequate financial standing, and its management is sound.
(b) The Odessa region is being considered by the Central government as the main test site for introducing modern telecommunications and information network technologies in Ukraine.

Contact

Armen Avetisian , Director

Postal address

Asteria
23 Ekaterininskaja Street, Third Floor
270026 Odessa

Ukraine

Telephone/Fax

+38 (0482) 348628, 219369, 287290

Electronic mail

odina567@hotmail.com

Alternate contact

Victoria Potapova, Area market manager

AVA International Inc.,
23 West 73rd Street # 1414A
New York, NY 10023
E-mail: VPotapova@aol.com

Information supplied by BISNIS May 1999.   Page last updated: January 19, 2004