Nationalization of PrivatBank, lawsuits against Apple, and the most interesting ideas from leading industry executives. Only that is really worth your attention
1. Privat is no longer private
On December 18 at 23:30 p.m. it was posted the information on the site of the Governmental portal of Ukraine that on December 19, 2016, the PJSC Privatbank goes into 100 % ownership of the state. The text of the statement also reports that the decision was made at the meeting of the Cabinet of Ministers of Ukraine on Sunday. According to the original source, the nationalization of financial institution is aimed at stabilizing the financial system of Ukraine.
In addition, it is also pointed in the document that the initiative of the National Bank received the support of representatives of National Security and Defense Council of Ukraine. It should be noted that the specific reasons for the nationalization of the largest bank in Ukraine are not indicated in the document. On the other hand, the authorities assure that the transfer of PrivatBank under the state control will not affect neither the progress of the company nor the customers to dispose freely their bank accounts.
2. Nokia and Apple are suing again
Nokia Corp. has filed a lawsuit against Apple Inc. for infringement of patents on the technology. The American manufacturer was accused again of illegal development’s use owned by Nokia.
Recall that in 2011, Apple has managed to settle a patent dispute with Nokia, which had been lasting for two years. Company respondent agreed to pay royalties for the use of certain patents Finnish corporation of the iPhone. Then Nokia shareholders received compensation in the amount of 720 million dollars.
3. Lev Partskhaladze: “Business should feel the support of the state”
Today, On December, 23 have happened a private press conference with representatives of the Ministry of Regional Development, construction and housing economy of Ukraine. The meeting was attended by: Lev Partskhaladze (Deputy Minister of Regional Development, Construction and Housing), Oleksiy Honcharuk (Head office of effective regulation – BRDO) and Olena Shuliak (Sector Manager ‘Construction’ of the effective regulation office ).
Within he dialogue with journalists, speakers recited about the prospects of the construction business in Ukraine in 2017 year, the legislative initiatives of the Ministry and other plans, which, in total, should affect the investment climate warming in the country and contribute to the elimination of corruption component in the framework of the real estate market.
4. “The business community of Ukraine has two fundamental problems – the degree of trust and short-term planning”
The interview with the Director of the Ukrainian representative of Scandinavian food concern Lantmannen Ihor Chervak about the problems of modern Ukrainian business and hopes for 2017. Calm and orderly, but although demanding a little, perhaps categorical, but is aimed only at the development, even when makes a mistake. After a conversation with such a leader, does not leave the thought that this is one of the best companies. Deep analytical thinking of Ihor Chervak, the ability to see, measure and predict the wider and deeper than we are accustomed to see in many Ukrainian leaders. The set of all these features explains Ihor Chervak’s cohesion of the team and the company’s development, which is not slowed down for a minute.
5. Italian bank Monte Paschi is under the threat of nationalization
Monte Paschi Italian bank turned up under the threat of nationalization. It was reported by international business publication Bloomberg, referring to its own sources. According to official information, currently a European financial institution needs an additional capitalization for the amount of 5 billion euros. However, currently it is impossible to realize such a task, due to the lack of the necessary level of interest from investors.
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Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]
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According to informed sources, the Antimonopoly Committee has fined the Dnepropetrivsk pharmacy for consumer fraud. The fine for the violation of unfair anti-competition law amounted to 68 thousand UAH. The Dnipropetrivsk regional territorial office of the AMCU asked the “Pharmacy №338”, LLC (Dnepropetrivsk) to pay the fine as soon as possible. This was said on […]Next
The streaming service Netflix published quarterly reports, which did not meet analysts’ expectations on a number of indicators. In this regard, the company’s shares fell by 5.7% during electronic trading. For example, Netflix’s earnings per share were $ 1.74, while analysts surveyed by Refinitiv expected $ 2.14. The number of new paid subscribers was 2.2 […]Next
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Asian and Pacific Forum of Economic Cooperation (APFEC) of countries has taken place on 19-20thof November 2016 in Lima (Peru).The key political figures who representing different regions of the world will discuss the prospects of a further cooperation within the two-day meeting. It is especially important against the background of presidential elections in America results. It […]Next
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EY Company provides an Accelerating Entrepreneurs Program, which helps to fast-growing startups to develop their business.Participants, who have passed the competition, will get the opportunity to take part in the complex program. It is included the personal consultations, networking and experience exchange. The program also is annexed the access to the strongest and extensive entrepreneurial […]Next
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The well-known British businessman Richard Branson said at the World Economic Forum, during a private event “Ukrainian lunch” in Davos, that he is ready to invest in the Ukrainian startups, told Andrei Kolodyuk, the partner of AVentures Capital, who visited the event. He also said that he talked to Branson and discussed the issue about […]Next
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