Quality of professional staff improving in Ukraine
Ukrainian professional staff is improving its quality as the markets become more competitive and human resources more expensive. Multinational and now Ukrainian companies are increasingly forced to work on their performance. The number of training companies in Ukraine increased significantly making it easier for businesses to train personnel fast and without moving to more expensive [...]
Ernst & Young Ukraine in the center of the UkrZaliznytsya audit scandal
According to Nikolay Sivulskiy, the Head of the State Audit Department, his agency has requested authorities to deprive Ernst & Young Ukraine company of the due diligence and valuation? practice for its incompetent analysis and valuation of the UkrZaliznytsya assets.
Rezidor, Accor and InterContinental to expand in Ukraine
The EURO-2012 plans push up Ukrainian horeca industry towards aggressive expansion. With over 300 hotels that need to be built by 2012, now three world-renown hotel chains plan to build over 40 Western-style hotels in Ukraine during the next few years. Belgium’s Rezidor Hotel Group, France’s Accor and the American InterContinental Hotels Group have now [...]
Investment Consulting in Ukraine
Ukraine offers a wide range of investment opportunities across industries and throughout the vast territory of slightly larger than France with a dynamically growing market of almost 50 million consumers. To explore the investment projects, evaluate assets, assess tax and logistical issues, draw legal basis for your Ukrainian market strategy, investment consulting services can provide [...]
Volksbank of Austria is acquiring one more Ukrainian bank
The Austrian Volksbank International Group (VBI) has announced its plans to acquire one more bank with operations in the Central & Eastern parts of Ukraine. Volksbank earlier acquired Ukraine’s Elektronbank.
Alta Capital, Ukrainian Investment Consulting company launches its website
Alta Capital TOV, a Ukrainian Investment Consulting company, has launched its new web-site www.alta-capital.comAlta Capital has 7 core business ares: 1. Alta Capital: Investment consulting 2. Alta Fund: Private equity investment in Ukrainian real estate 3. Alta Industrial: Representation of top-flight producers of building materials and concrete; manufacture of engineering palettes 4. Alta Exclusive: Construction [...]
Pizza Hut, Burger King & KFC will come to Ukraine?
Ukrainian fast food market has been growing recently with mostly local chains such as Puzata Hata, Trali-Vali, Dva Gusya, Domashnya Kuhnya and a few others gaining more popularity among Ukrainians who prefer home-made dishes to traditional American burgers with fries. The fast food market reality may soon change in Ukraine though with stronger international competition [...]
Italian Intesa buys Ukrainian Pravex Bank for $750m
Following an attempt of buying another Ukrainian bank, Italy’s Intesa Sanpaolo closed a Feb. 4 deal to buy a 100% stake in Ukraine’s 6th-largest bank, Pravex Bank, for over 500 million euros ($750 million). The acquisition of Pravex by Italy’s 2nd-largest bank is the latest advance by European banking groups into Ukraine, as foreign banks [...]
Privatization tenders in Ukraine
Billions of dollars are expected to flow into Ukraine with the privatization plans for large enterprises starting with the sale of state-owned chemical giant Odesa Portside Plant and state fixed-line phone monopoly Ukrtelecom. But just as her government adopted conditions on Jan. 30 for the Odesa Portside auction, which experts said could fetch as much [...]
Inter TV channel prepares for first TV IPO in Ukraine
UA Inter Media Group is gearing up for an IPO, a move which would mark the first of several planned listings on a foreign exchange by a Ukrainian media group UA Inter Media Group, Ukraine??™s leading media firm controlled by billionaire Valeriy Khoroshkovskiy. Last month, the media holding signed a consulting agreement with Kyiv-based investment [...]
Fifteen 3* Ramada Encore hotels will open in Ukraine
Wyndham Hotel closed and exclusive agreement with the Ukrainian Hotels LLC (part of the Atstron Ukraine) to open fifteen 3* Ramada Encore hotels within the next ten years.
Pepsi acquires Ukraine’s Sandora
PepsiAmericas Inc. (NYSE: PAS) and Pepsico, Inc. (NYSE: PEP) acquired remaining 20% stake in Sandora LLC for $136.7 million on November 5, 2007. The transaction is not expected to have an impact on PepsiAmericas??™ nor PepsiCo??™s earnings per share for 2007. Following the deal, PepsiAmericas Inc. and Pepsico, Inc. will own 60% and 40% stake [...]
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