Odessa Port-side Plant was not privatized on the September 29 despite the open tender which took place on the day as originally scheduled by the Ukrainian Cabinet of Ministers headed by Yuliya Tymoshenko. The State Property Fund of Ukraine declared the tender results void. Mrs Tymoshenko confirmed that the bidders did not adhere to the rules of the game and kept the bidding price as low as UAH 5 billion (around USD 600,000 million) having moved 1 billion above the original asking price of UAH 4 billion. Continue reading “Odessa Portside Plant Privatization”
Month: October 2009
Deutsche Bank Opens a New Subsidiary in Ukraine
Deutsche Bank officially opened a new subsidiary in Ukraine. By opening Joint Stock Company (OJSC) Deutsche Bank DBU, based in Kiev, the German bank is planning to strengthen its position in Central and Eastern Europe. Continue reading “Deutsche Bank Opens a New Subsidiary in Ukraine”