The AMCU fines Dragon Capital by more than 118 thousand UAH

The AMCU fines Dragon Capital by more than 118 thousand UAH

02.12.2016 News

According to Interfax-Ukraine, Antimonopoly Committee of Ukraine (AMCU) has fined the Dragon Capital Ltd. in the amount of 118,194 thousand UAH by Dragon Capital Ltd. Production concentration  more than 50%.

According to a law of economic competition defence, the committee permit is obligatory during the economic activity subject concentration with more than 50% of shares of another economic activity subject.

Dragon Capital Ltd. was founded in 2000. It is one of the biggest invest companies of Ukraine. It has been working in direct investments and financial service areas. Dragon Capital Ltd. represents  a full range of investment banking and broker services for enterprise and private customers. Goldman Sachs bank  has been owing to  the Dragon Capital minority interest since 2007.

Read alsoThe AMCU fined the producer of soft drinks for 145 thousand UAH

Other articles

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

  • 632595f853279441907151 730x410
    News

    The September, 29 will take place the international investment forum REBUILDING UKRAINE WITH THE PRIVATE SECTOR: International Investment Fair

    In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]

  • Україна планує запровадити нове мито на імпорт
    News

    Україна планує запровадити нове мито на імпорт

    Проект, що його розробляє уряд, визначає введення 10% збору на купівлю іноземної валюти імпортерами. Деталі ініціативи Кабміну повідомив нардеп Ярослав Железняк, який є заступником голови податкового комітету Верховної Ради. “Тут варто зазначити, що обрана концепція не передбачає додаткових імпортних мит (що є складним при адмініструванні), а визначає запровадження 10% збору на валютообмінні операції із купівлі всіх […]

Read also

The AMCU fines Dragon Capital by more than 118 thousand UAH
News

CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM

On 21 April, Credit Agricole signed the agreement with the European Bank for Reconstruction and Development (EBRD) and joined the «EU4Business-EBRD Credit Line» Program, within which the bank will get a EUR 25 million loan for 4 years. The purpose of the borrowing is to support micro, small, and medium-sized businesses and to expand their access to […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

The Nikkei index has become the highest since 1991

Trading on Asia’s largest stock exchange on Asia on Tuesday opened another rise amid the continuing strengthening of indices in New York. This is evidenced by the data of stock trading on the website of the Tokyo Stock Exchange. The Nikkei index, which reflects fluctuations in the stock prices of 225 leading companies in the […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

The first spirit factory will be sold in September

Sales of state-owned distilleries will begin in mid-September. This was reported by Acting Director of the state concern Ukrspirt Serhiy Bleskun on the social network. For professionals in the alcohol industry, privatization does not mean loss of jobs, but rather – new career opportunities, he highlighted. “We have already submitted proposals for 25 of Ukrspirt’s […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

Microsoft may buy Nuance for $ 16 billion

Microsoft Corp. is in talks to buy Nuance Communications Inc., a developer of a speech and text recognition solution, for about $ 16 billion, several U.S. media outlets reported, citing informed sources. According to them, negotiations are at an advanced stage, and the announcement of the agreement may be made in the coming days. Microsoft […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

S.Tihipko privatizes PJSC Aegon Life Ukraine and Universal Bank

The Ukrainian authority continues  bank privatisation allowing. For the present, Anti-Monopoly Committee of Ukraine (AMCU) gives the permission to Sergei Tihipko of Universal Bank purchasing through the Bailican Limited Company. AMCU provides also allowance  to Sergei Tihipko on the mediated acquisition through the T.A.S. Overseas investments Limited company . He intends to buy shares of […]

Next
bez imeni
Analytics

Walnut Garden – a Long-term Investment

Gardening is a purely European business by mentality as it means long-term investments and a completely transparent process. Walnut is a financial pearl of this industry. A walnut garden of only 1 hectare yields more than 1.2 million UAH per year. A walnut garden is an investment in the future and long-term well-being, as one […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

The world economy is predicted to grow rapidly

The world economy will grow faster this year than expected at the end of last year. The chief economist of the IMF Gita Gopinat announced this on Tuesday, April 6. “We now forecast a stronger recovery of the world economy in 2021 and 2022 compared to our previous forecast in January, with growth to 6% […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

Danone launched a new production

“Danone Ukraine” Company has launched a new production facility for the manufacture of milk food for babies of TM “Tema” at the state milk plant in Kremenchug. This was said to AgroPortal.ua by the press-service of the company. Investments amounted to 200 million UAH and the production capacity estimates at 700 tons per month, or […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

AT&T’s quarterly revenues exceeded estimates after adding 645,000 new telephone subscribers

Shares of AT&T, which have lost 27.6% of value since the beginning of the year, rose up to 5.8% on Thursday after the publication of better-than-expected Wall Street analysts, earnings for the 3rd quarter, which ended on September 30. AT&T reported earnings per share of $ 0.76, which is 19% below last year’s value, but […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

Diageo accused LVMH of not paying dividends of 181 million euros

The world’s largest producer of alcohol, the British Diageo has initiated arbitration proceedings with the French luxury goods manufacturer LVMH Moet Hennessy – Louis Vuitton SA due to non-payment of dividends in the amount of 181 million euros in 2019. Diageo owns 34% in the joint venture with LVMH for the production of alcoholic beverages […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

There will not be enough vaccines for all EU citizens in 2021

Next year, only a small proportion of people in the European Union will be able to get the coronavirus vaccine. Officials in European countries have not yet decided on the vaccination of citizens. This was announced by Reuters on Tuesday, October 27. “By the end of 2021, there will not be enough doses of the […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

NBU gives the permission of Com in Bank purchase

NBU gave the permission on 100% of shares purchasing of Com in Bank to the foreign investors. The representatives of National bank of Ukraine made the official statement. According to the source, Stefan Pinter, the chairman of GML Capital Fund, submitted the application for implementation of the transaction about the  financial organisation assets acquisition two […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

Ukrainian startups have attracted a record amount of investment

The amount of investment in Ukrainian technology companies amounted to $ 571 million in 2020 Most of the investment in Ukrainian startups came from global companies that see Ukraine as a country for R&D offices. The report notes that out of the total amount of investments in the seed round, Ukrainian startups received $ 42 […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

Wealthy Save Money In Alpine Rocks

The Swiss construction company Bruenig Mega Safe AG offered the rich to save their money in a storage carved into alpine rocks. It is reported that the company plans to use space in the mountains equivalent to ten football fields to create a storage. The warehouses will have a volume of 100 cubic meters and […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

The EU has approved the merger operation between LVMH and Tiffany

Antimonopoly regulator of EU approved the agreement of 16.2 billion euro merger with French group for the production of luxury goods LVMH (Louis Vuitton Moet Hennessy) and transnational jewelry company Tiffany. This was reported by Reuters. According to the information, the merger agreement was approved without additional conditions for the companies. Earlier, Tiffany reported that […]

Next
The AMCU fines Dragon Capital by more than 118 thousand UAH
News

Alibaba Group will own MoneyGram

Ant Financial company within the framework of a public company Alibaba (China), announced about the final stage of the USA financial company asset acquisition procedures MoneyGram International, specializing in international trade transactions online, as reported Inventure. The Chinese side intends to complete the transaction in the third or fourth quarters of 2017, after the approval […]

Next