Pechersk District Court of Kyiv satisfied the petition of the Main Investigation Department investigators of Natspolitsiia and arrested the property of the former ruler of PJSC City Commercial Bank (CityCommerce Bank). Such a decision the court took on January 12 this year.
According to the document, the former ruler of the bank is suspected of embezzling an impressive amount of cash from the aforementioned financial institution.
Investigative agencies established the fact of the loan 90.1 million UAH for LLC Ril Meid. Another 76.6 millionUAH was brought in LLC Hunting trails in Ukraine, which is controlled by Ril-Meid. All of the features of these firms lead to the fact that they are most likely bogus.
On the whole set property of the former head of the bank put a lien: on two land plots, seven cars and armory collection. At the end of last year, the National Police notified on suspicion of spending of bank funds a one of the owners of the presiding board of CityCommerce Bank.
The Kyiv Court of Appeal denied to Russia’s Vnesheconombank (VEB) in recognition of the decision of the arbitrator of the Arbitration Institute of the Stockholm Chamber of Commerce, which, at the request of VEB, the Ministry of Justice of Ukraine was obliged to stop the forced sale of 99.77% of Prominvestbank shares. The court agreed […]
Ukrainian farmers may lose up to 118 billion hryvnias this year due to drought and frost. This was reported by the press service of the Agrarian Union of Ukraine. “This year, even the critically affected regions (Odessa, Mykolaiv, Kherson, Zaporizhia regions), despite the promises of the state, did not receive a single penny of assistance,” […]
IPO Snowflake, which will take place on the NYSE, will be held at the higher price than announced in early September. On Monday, according to SEC applications, Snowflake, a company that makes storage software, raised its projected stock price to $ 100- $ 110, while the market valuation of the company could grow to $ […]
The professional jury will select three winners who will receive UAH 100,000 for the development of their own businesses. The first-place winner will present products in her own “corner” in one of the two Vsi. Svoi stores on Khreshchatyk. All three winners will present their products at the online platform vsisvoi.ua and will receive mentor sessions […]
The American corporation Microsoft has received permission from the New Zealand Department of Foreign Investment to build data centers in Auckland. This is stated in a statement issued by the agency on Wednesday. “New Zealand subsidiaries of Microsoft Corporation received management’s approval of foreign investments to purchase business assets, including various land, to further creation […]
According to the Investor`s news, in 2020, the volume of transactions worldwide mergers and acquisitions (M & A) totaled $ 1.97 trillion. The publication noted that major transactions between IT-companies account for almost one fifth of the total. According to the global data provider and stock market infrastructure Refinitiv, the volume of the deals of […]
Hungarian airline Wizz Air reduces the number of flights from Ukraine in the winter flight schedule. This was reported by lowcostavia. Dozens of flights from Ukraine were reduced – 12 routes are canceled by March 2021, even more destinations are temporarily suspended until the end of October. Flights from all cities of Ukraine have changed. […]
Microsoft`s shares fell slightly on Monday before the opening of trading due to the news of the failure the deal of buying the popular application TikTok in Chinese ByteDance. Through the support of the deal by President Donald Trump, Shares of Oracle, which is considered №1 candidate of buying TikTok increased by 10% before the […]
President of Ukraine Petr Poroshenko has signed the law on the abolition of compulsory registration of foreign investments, which took the Verkhovna Rada of Ukraine on 31 May. This report announced on the website of the President of Ukraine. The law abolishes certain articles of the statutes of the Economic Code of Ukraine and the […]Next
Major Japanese manufacturer Panasonic announced that it would invest $ 1.6 billion in the construction of the Tesla Gigafactory plant. As the company reported on its website, such an investment is motivated by the fact that Panasonic shares the aims and objectives of the American automaker, and therefore wants to support its activities. Analysts argue […]Next
Over the past year the delegates of Ukrainian Audit Service in Kirovohrad region conducted 65 testing procedures and found deviations from the financial and budgetary order in the amount of more than 34 million UAH. As a result, it provided compensation of faults that provoked leakage of financial and material resources in the amount of […]Next
President of Ukraine Petro Poroshenko said that by the end of January, the state expects financial aid of $ 100 million from the Swiss Confederation, which approved the allocation of this amount of money. Money must be received at the National Bank account. This information was published by Ukrainian portal InVenture. Swiss President Doris Leuthard […]Next
From the sale of enterprises of “Ukrspirt” the state plans to raise between 200 and 400 million dollars. This was announced by Minister of Agricultural Policy Taras Kutovojs in an interview. “The market itself will determine the amount. According to the forecasts, I think it should be from 200 to 400 million dollars “, – the […]Next
The Law of Ukraine “On licensing certain types of economic activity” valid from the 28th of June 2015 states that economic entities may be deprived of licenses if they are controlled by the aggressor country. On the 17th of November 2015 the Commission has deprived a license from “Ukrainian Exchange”, because it is a subsidiary […]Next
Kyiv bank “Piraeus Bank ICB” asks the Commercial Court of Kirovograd region to recover from the “Creative”company, which entering into the “Creative Group”, $ 15,629,000 of the loan debt, – reports the “ProAgro”. This is stated in the bench ruling of the court from January 27, 2016. “Piraeus Bank ICB” filed a lawsuit to recover […]Next
The company plans to raise $ 2.1 billion of investments in a new round of funding. All the necessary documents have been drawn up and passed in Delaware. The world’s largest taxi service Uber, which head office is based in San Francisco, plans to spend the funds on its expansion, service development in Asia and […]Next
A new calendar year always offers an opportunity for a fresh start and provides an additional pinch of motivation to banish some habits that have stopped serving you well (did they ever?). Here are 10 things to leave behind to foster a stronger, happier, more successful you in 2017. (Entrepreneur) 1. Procrastinating on your goals […]Next
In the second quarter of 2020, Japan’s economy shrank by 7.8% over the previous three months. Such preliminary official data was published by Trading Economics. It is noted that the fall of GDP was recorded for the third consecutive quarter and became a record, due to the negative impact of the COVID-19 coronavirus pandemic. At […]Next
The three-star hotel metropolitan complex Rus intends to buy a stake of five-star hotel Premier Palace. The nominal value of ordinary registered shares of Premier Palace is 0.25 UAH / pc, and the equity capital of the company – 366 700 000 UAH. The hotel complex Rus, which is located in the center of Kyiv […]Next
Allseeds group companies challenged in court the decision of the Vizirskyi village council (Odessa region) on the allocation of land for the berths of the “Energo Products Co., Ltd.” company (Odessa) in the Yuzhny sea port. The Comintern District Court of Odessa region (included in Allseeds Group) decided to suspend the decision on the suit […]Next
On Thursday, January 19 it was a press conference with the top management of the company WOG. As we have noted in the previous news, its top management discussed topical issues on the development and expansion of its business in the current year. One of the points of the plan for the improvement of the […]Next
During the pandemic, Delta lost three-quarters of its revenue over the same period last year. The company can avoid layoffs if management and the trade unions will be able to conclude an agreement to cut costs, and the White House will continue to provide subsidies to airlines. Currently, the airline employs 11,200 pilots. Back in […]Next
The National Commission, carrying out state regulation of the financial services market by its order №1467 agreed to increase participation by Allianz Holding eins GMBH (Austria) in ODO «Allianz Ukraine” (Kiev) to 99.999% by direct acquisition of 99.978% from its share capital. As reported, at the beginning of this year, the National Commission, carrying out […]Next
The Wilmar company plans a further expansion in Ukraine. This was told by the Chairman of the Board of Directors of the company “Delta Wilmar CIS” Dhuraba Charan Panda, said the Forbes publication. For example, in the B2C segment by building a new or purchasing an existing Ukrainian enterprise. The final choice has not been […]Next