Foreign direct investment is the key to Ukraine’s economic revitalization, and our team is working to ensure that US businesses take a leading role with their Ukrainian and international partners.
The New Gauge Initiative is a US-based non-profit business association focusing on the reconstruction and European-integration of Ukraine’s rail infrastructure. The New Gauge Initiative Foundation is a charity raising funding for much of the independent research necessary for undertaking this massive project.
The New Gauge Initiative has been set up to promote American and international private-sector investment in Ukraine’s rail infrastructure. Together, US, international, and Ukrainian businesses can re-build Ukraine’s railway system - one that is fully integrated with the EU and a model of clean and sustainable technology.
This massive project poses extraordinary opportunities for American and international businesses. Its success is not only vital to Ukraine: Ukraine is a crucial link between the Baltic, Black, and Adriatic seas, therefore ensuring future European security and the uninterrupted supply of food to the Global South.
Our partner, the UAP association, was formed in Kyiv in 2021, before Russia’s full-scale invasion of Ukraine, in order to integrate and modernize the country's railway infrastructure. Since then, the team-members in Ukraine have devoted their time and resources to war and humanitarian efforts. And yet now with the damage done by Russia’s war and the consequent geopolitical reality, it makes their work even more imperative. Please visit UAP’s website here. www.uaprail.com.ua
The New Gauge Initiative had been founded to provide a platform for US firms and the American private sector - with Ukrainian, G7, and international partners - to take a leading role in the rebuilding of Ukraine's rail infrastructure. As a business association, New Gauge will partner with other organizations and leading businesses to organize conferences, events, and roadshows in the US and Europe, as well as to develop informational resources for its membership.
The New Gauge Initiative Foundation is the 501(с)(3) charity raising the funding necessary for wholly independent research and analysis for attracting international investment and rebuilding the Ukrainian rail system. Such an ambitious study will be conducted in the context of speeding Ukraine’s economic recovery, harnessing private-sector power, and fostering competition in Ukraine and a strong regulatory environment for international investors. The New Gauge Initiative Foundation will work with international banks and agencies in order that private consultancies will bid to do the requisite research via an open and transparent tender.
Board Chairman and Co-founder
Dmitry Eremeev has over thirty years experience in railway logistics in Eastern Europe and Central Asia in senior management positions and on boards of directors. He has been a leader in introducing key innovations in the operational leasing of railcars, and is a founding member and First Deputy Vice President of the Association of Railway Carriers of Ukraine. He has extensive experience working with international firms and organizations in rail-related projects, including Boston Consulting, Kearney, McKinsey, Citigroup, Deloitte, Raiffeisen, and the IFC. Dmitry’s experience also includes global fundraising and sector reform. He is currently a member of the Association of Independent Directors and a member of the Board of Directors of the Baltic Coal Terminal.
President and Co-founder
Guy Archer has over 25 years experience in Central and Eastern Europe promoting reform and American foreign investment. He is the former Communications Director for the American Chamber of Commerce in Russia (2007-2014), where he assisted in organizing Capitol Hill delegations, conferences (with guest speakers and participants including the US President, the Vice President, cabinet members, and congressmen), roundtables, roadshows, and informational resources for member companies. He is a former journalist, editor, and publisher.
Board Member
Sergiy Nenko is a founding member and President of the Association of Railway Carriers of Ukraine, and Vice President of the National Committee of International Chamber of Commerce of Ukraine. He is also the founder and Director of Digyunsa LLC, a producer of cold asphalt. He has 25 years of experience working in Ukrainian infrastructure and international business relations and development. Sergiy is also a champion swimmer. With decades of experience initiating and organizing philanthropic projects, Sergiy has devoted his time since Russia’s full-scale invasion to personally arranging and providing logistical and volunteer support on the ground in order to get urgently needed supplies to Ukraine's civilians and soldiers.
Board Member
Sam Proctor is the CEO of Froehling & Robertson, Inc., a Virginia-based firm providing geotechnical engineering, construction-materials testing, and environmental services, with offices throughout Virginia, North Carolina, and Maryland. In 2005, he and his team successfully launched F&R Worldwide, an environmental and engineering firm in Bucharest, Romania. Sam is a board member of the Virginia Institute of Marine Sciences Foundation and the Virginia Chamber of Commerce.
Board Member
Michael Shukov has over 30 years of experience in international business, leading the market entry of US industrial businesses and scaling their growth. He was Managing Director of Rohm and Haas in Russia (2006-2009) and Business Director of Dow Advanced Materials Central and Eastern Europe (2009-2012). In 2014, with PPG Industries, he established an operating company in Ukraine. Most recently he served as Managing Director of PPG Industrial Coatings EMEA in Switzerland, and was actively engaged in relief efforts for Ukrainian refugees in Poland. A graduate of the University of Oxford and the London Business School, Michael now resides in the UK and is a member of Chatham House, the Royal Institute of International Affairs.
Board Member
Elizabeth Sullivan is a graduate of the London Business School with a Master’s in Business Administration. Working with budding entrepreneurs in drafting business plans, in 1995, she joined the Financial Services Volunteer Corps, funded by the US Agency for International Development; here, she worked closely with Russia’s central bank and major banks in financial-sector reform and the start of the government treasury bill trading. After 16 years serving as Head of Operations and Chief Operating Officer at UBS Russia, Elizabeth and her family returned to the United States, settling in North Carolina. She completed her Master’s of Accounting in 2017 and now works as a tax professional in Florida.
Board Member
Anne G. Waleski has an extensive record as a financial expert and has held many executive and financial leadership roles. Her industry experience includes property and casualty insurance, manufacturing, and retail. She served as Treasurer, and then Chief Financial Officer, for the Markel Corporation, an American Fortune 500 global financial-services holding company that underwrites specialty insurance products. Anne is currently a member of the Board of Directors for Liberty Mutual Group and Enact Holdings, Inc., and is the Audit Committee Chair for both. She has also actively served on many philanthropic educational, environmental, and cultural boards.
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