Kolomoisky

Tuesday, November 8

Strategically important enterprises owned by Ukrainian oligarchs have become the property of the state. The National Commission for Securities passed a decision on the forced alienation of the shares of Ukrnafta, Ukrtatnafta, Motor Sich, AvtoKrAZ, and Zaporizhtransformator into state ownership. Kolomois...

Friday, August 27

More headaches for Igor Kolomoisky. A US court has ordered the oligarch to pay $1.1 million in civil penalties for damage caused to the local environment by the Warren Steel Holdings, one of at least 22 U.S. properties owned by Kolomois...

Wednesday, December 30

In advance of the January 20, 2021 inauguration of President-elect Joe Biden, Washington-based Radio Svoboda continues to investigate Ihor Kolomoisky’s investments in the US In advance of the January 20, 2021 inauguration of President-elect Joe Biden, Washington-based Radio Svoboda continues to investigate Ihor Kolomoisky’s investments in the US with a story headlined: “U...

President Zelenskiy yesterday suspended the Chief Justice of the Constitutional Court through February President Zelenskiy yesterday suspended the Chief Justice of the Constitutional Court through February after he failed to appear Monday at police inquiry into a bribery charge. The Justice, Oleksandr ...

Concorde Capital’s Zenon Zawada writes: Concorde Capital’s Zenon Zawada writes: “On the surface, it’s impressive that the Prosecutor General’s Office is pursuing this criminal case against Tupitskiy…We are confident that Tupitskiy won’t be ...

Signaling a revival of Ukraine’s aircraft building industry, the Defense Ministry has ordered three An-178-100R military transport jets from Antonov, Signaling a revival of Ukraine’s aircraft building industry, the Defense Ministry has ordered three An-178-100R military transport jets from Antonov, the first such order since Independence in 1991. P...

Next year, Ukraine will establish a state airline based on a fleet of Antonov regional jets, Next year, Ukraine will establish a state airline based on a fleet of Antonov regional jets, President Zelenskiy promised yesterday at the military cargo jet signing ceremony. Yuri Guzev, the new gene...

The Dnipro shipping season is being extended to Jan. 15, an unprecedented extension into mid-winter. The Dnipro shipping season is being extended to Jan. 15, an unprecedented extension into mid-winter. Studying long term weather forecasts, the Maritime and River Transport Service on Monday made its t...

The The Finance Ministry made another high volume government bond sale yesterday — $874 million in equivalent. With this auction, the Ministry has raised nearly $3.5 billion in the last three weeks ...

For the eight different hryvnia bonds offered, yields have changed little since last week, For the eight different hryvnia bonds offered, yields have changed little since last week, ranging from 10% for 3-month bonds, to 12.25% for 5-year bonds. With 3-month bonds in dollars offering a 2.9%...

Interpipe, Ukraine’s top producer of steel pipes and railroad wheels, is buying back $75 million worth of its 2024 Eurobonds, Interpipe, Ukraine’s top producer of steel pipes and railroad wheels, is buying back $75 million worth of its 2024 Eurobonds, the company reported. CEO Fadi Hraibe told investors “Various instru...

Ukraine’s international reserves are “over $28.5 billion,” the highest level in eight years Ukraine’s international reserves are “over $28.5 billion,” the highest level in eight years, Bohdan Danylyshyn, head of the Council of the National Bank of Ukraine, wrote on his Facebook page. This wo...

In a televised briefing, the Economy Minister Petrashko said that Ukraine’s GDP probably shrank in the fourth quarter by 3% yoy. In a televised briefing, the Economy Minister Petrashko said that Ukraine’s GDP probably shrank in the fourth quarter by 3% yoy. This represents a stabilization from the cataclysmic 11.4% yoy dr...

Bucking the Covid recession, the number of IT companies and IT workers in Lviv increased by 7% in 2020, compared to the previous year, according Bucking the Covid recession, the number of IT companies and IT workers in Lviv increased by 7% in 2020, compared to the previous year, according IT Research 5.0, a study conducted by Fama research age...

Ukraine is preparing to negotiate Free Trade Agreements in 2021 with China, Vietnam, Indonesia, Egypt and Jordan, said Ukraine is preparing to negotiate Free Trade Agreements in 2021 with China, Vietnam, Indonesia, Egypt and Jordan, said Ihor Petrashko, Minister of Economic Development and Trade. “These are important ...

Tripling Vietnam-Ukraine trade to $1 billion by 2023 and forging a bilateral free trade pact Tripling Vietnam-Ukraine trade to $1 billion by 2023 and forging a bilateral free trade pact were two goals set at a meeting Monday in Kviv between Nguyen Hong Thach, Vietnam’s ambassador to Ukraine, ...

A recently agreed $1 billion “linked loan” from China “is not a victory,” A recently agreed $1 billion “linked loan” from China “is not a victory,” Oksana Markarova, Ukraine’s former Finance Minister and future Ambassador to the US, wrote in her blog for Ekonomichna Pravda....

Tuesday, August 18

Concorde Capital’s Alexander Paraschiy Concorde Capital’s Alexander Paraschiy calculates that the purchase was at 90% of par and writes: “This is also a good signal for the holders of GDP warrants, as it indicates MinFin is anticipating la...

Timothy Ash writes: Timothy Ash writes: “Now most official forecasts have a 4% plus growth for 2021.With the changes at the [central bank], the Zelenskiy administration is going for a pro-growth agenda, which might mean ...

In a sign the Corona-recession has eased, Ukraine’s electricity consumption in July was only 0.7% below last year’s level In a sign the Corona-recession has eased, Ukraine’s electricity consumption in July was only 0.7% below last year’s level, according to Ukrenergo, the nation’s state power transmission company. Indust...

The central bank expects to receive the second tranche from the IMF by the end of this year, The central bank expects to receive the second tranche from the IMF by the end of this year, Kyrylo Shevchenko, the new governor of the National Bank of Ukraine, says in an interview with RBK-Ukraina....

Last week, the central bank bought $223 million, strengthening the hryvnia mildly to UAH 27.3/$1. Last week, the central bank bought $223 million, strengthening the hryvnia mildly to UAH 27.3/$1. So far this year, the National Bank of Ukraine has bought $1 billion more than it sold, latest data sh...

Last year, Ukrainians made 26 million trips out of the country, while foreigners made 15 million trips here Last year, Ukrainians made 26 million trips out of the country, while foreigners made 15 million trips here, according to the State Statistics Service. Tourism accounts for only 1.5% of Ukraine’s GDP,...

Reminder: UIA is offering two direct Kyiv-New York-Kyiv flights Reminder: UIA is offering two direct Kyiv-New York-Kyiv flights – next Monday Aug. 24, and the following Monday, Aug. 31. No additional New York flights are scheduled. Tickets only are available throu...

For Ukraine, the biggest impact of strikes spreading across Belarus may be a shortage of asphalt for President Zelenskiy’s $3 billion drive to pave 4,000 km of highways this year. For Ukraine, the biggest impact of strikes spreading across Belarus may be a shortage of asphalt for President Zelenskiy’s $3 billion drive to pave 4,000 km of highways this year. Ukraine imports half...

Ukraine also gets about one third of its diesel and gasoline from Belarus Ukraine also gets about one third of its diesel and gasoline from Belarus. But the strikes and slowdowns will only result in a ‘hiccup’ for Ukrainian prices, Kuyun predicts. “First, we have been livin...

Most of Ukraine’s imports of Belarus petroleum products come from the Belarus’ largest refinery, in Mazyr Most of Ukraine’s imports of Belarus petroleum products come from the Belarus’ largest refinery, in Mazyr, on the Pripyat River, 250 km north of Kyiv. According to Argus Media, it appears that Mazyr w...

On the IT front, Ukrainian IT companies are “already accepting individual divisions of IT companies in Belarus as guests,” On the IT front, Ukrainian IT companies are “already accepting individual divisions of IT companies in Belarus as guests,” Olha Kunichak, manager of the European Business Association’s IT Committee te...

Belarus Eurobonds handed investors a loss of 5.1% this month, the worst performance in emerging markets, Belarus Eurobonds handed investors a loss of 5.1% this month, the worst performance in emerging markets, according to a Bloomberg Barclays index. Since the 2031 bonds were issued on June 25, the yield...

Ukraine is recalling its ambassador from Belarus to protest Lukashenko’s “repeated and groundless” statements against Ukraine Ukraine is recalling its ambassador from Belarus to protest Lukashenko’s “repeated and groundless” statements against Ukraine, Ukraine Foreign Minister Dmytro Kuleba said yesterday. President Lukashen...

Leases for 4,262 empty buildings totaling 2.5 million square meters – or 10 times New York’s Empire State Building – will go up for electronic auction this fall Leases for 4,262 empty buildings totaling 2.5 million square meters – or 10 times New York’s Empire State Building – will go up for electronic auction this fall under streamlined rules approved last w...

Ukraine ranks first in a ranking of 39 Eastern European and developing countries for public procurement transparency. Ukraine ranks first in a ranking of 39 Eastern European and developing countries for public procurement transparency. Following 64 indicators for the Transparency Rating, the authors placed Ukraine at...

Ukraine’s Finance Ministry has repurchased about 10% of outstanding GDP-linked securities Ukraine’s Finance Ministry has repurchased about 10% of outstanding GDP-linked securities, the Finance Ministry announced Friday on the Irish Stock Exchange. Known as GDP warrants, the securities have...

Monday, August 17

China Railway Construction Corporation is talking with China Railway Construction Corporation is talking with Vadym Novinsky’s Smart Holding about building a deep water port at Ochakiv, a Black Sea port 60 km south of Mykolaiv city. A strategic chokepoint...

Given Ochakiv’s strategic location, facing Crimea 100 km to the south, US Navy Seabees built last year a $700,000 operations center at Ochakiv for Ukrainian Navy. Given Ochakiv’s strategic location, facing Crimea 100 km to the south, US Navy Seabees built last year a $700,000 operations center at Ochakiv for Ukrainian Navy. When construction was announced, Vlad...

Last month, CRCC, China’s second largest state-owned construction company, Last month, CRCC, China’s second largest state-owned construction company, signed a memorandum of understanding with Ukraine’s Infrastucture Ministry about modernizing Ukraine’s inland waterways. Thes...

Nibulon, the largest shipper on the Dnipro, is building a Black Sea port complex in Ochakiv and restoring the fish canning factory Nibulon, the largest shipper on the Dnipro, is building a Black Sea port complex in Ochakiv and restoring the fish canning factory. To supply the cannery with fish, crustaceans and mollusks from the D...

Fresh from announcing a deal with Chinese investors to take over Motor Sich, Ukraine’s jet engine factory, Alekander Yaroslavsky offers to raise $1 billion to revive the aviation plant in his home city of Kharkiv Fresh from announcing a deal with Chinese investors to take over Motor Sich, Ukraine’s jet engine factory, Alekander Yaroslavsky offers to raise $1 billion to revive the aviation plant in his home cit...

Today, flights resume between Kyiv and Yerevan, Armenia and between Kyiv and Almaty, Kazakhstan. Today, flights resume between Kyiv and Yerevan, Armenia and between Kyiv and Almaty, Kazakhstan. Air service to the two countries was suspended five months ago as part of the coronavirus travel restri...

Do the math Do the math: Ihor Kolomoisky’s Windrose airline is receiving its 14th aircraft, a leased ATR-72-600. Within a year, Windrose is to receive another five of these regional turboprops, bringing its fleet...

“This will be the beginning of your end, you will go down on your knees like in Ukraine,” “This will be the beginning of your end, you will go down on your knees like in Ukraine,” Belarus President Aleksandr Lukashenko warned 40,000 supporters in Minsk Sunday, rebutting calls for his resig...

On Saturday, Lukashenko asked President Putin for Russia to intervene militarily On Saturday, Lukashenko asked President Putin for Russia to intervene militarily. But, according to the Kremlin readout of the call, Putin only promised to keep talking to the besieged 65-year-old lea...

Belarus is Ukraine’s fourth largest trading partner, largely a transit country for goods restricted by the Russia-Ukraine trade war. Belarus is Ukraine’s fourth largest trading partner, largely a transit country for goods restricted by the Russia-Ukraine trade war. Despite this close economic relationship, President Zelenskiy proba...

Eying Belarus’ dynamic IT industry, Ukraine’s Digital Transformation Minister posted an appeal to Belarus IT companies and specialists to relocate south of the border — to Ukraine. Eying Belarus’ dynamic IT industry, Ukraine’s Digital Transformation Minister posted an appeal to Belarus IT companies and specialists to relocate south of the border — to Ukraine. “Belarus has been g...

A near doubling of exports to China reduced Ukraine’s trade deficit to $1.3 billion for the first half of this year, A near doubling of exports to China reduced Ukraine’s trade deficit to $1.3 billion for the first half of this year, the lowest level in recent years. The State Statistics Service reports exports to C...

China’s purchase of ship parts and R&D services for aircraft engines made it the largest buyer of military equipment from UkrOboronProm during the first half of this year. China’s purchase of ship parts and R&D services for aircraft engines made it the largest buyer of military equipment from UkrOboronProm during the first half of this year. Of $145 million in sales...