Dark horse investor purchases Kyiv’s landmark Dnipro Hotel for over $40 million
Some cars drive on European Square on April 20, 2020
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Ukraine aims to fight tax evasion with new law
A view of Varosia in Turkish-controlledFamagusta, Cyprus on Aug. 29, 2019. Many holding companies ownCypriot companies for tax purposes, as Cyprus typically has among thelowest corporate tax rates in Europe. Every year, Ukraine loses at least $50 billion a year…
EY’s Vladimir Kotenko: Start with clear tax goal
Vladimir Kotenko, head of tax and law at EY Ukraine, speaks with the Kyiv Post on July 2, 2020 in his office in Kyiv. In a nation with a $50 billion state budget, any rash changes in revenue or tax…
German’s watchdog widens probe of possible Wirecard insider trading
FRANKFURT (Reuters) – Germany’s financial watchdog is widening its examination into possible insider trading of Wirecard shares to include any individuals who have sat on the company’s management and supervisory boards in 2020
Pompeo says U.S. to have decisions soon on Chinese technology firms, apps
WASHINGTON (Reuters) – The United States hopes to have a set of decisions shortly on Chinese telecoms companies that will reflect Washington’s central understanding that the information of U.S. citizens should be protected from Beijing authorities, U.S. Secretary of State…
Pompeo says U.S. to impose visa curbs on Huawei over rights
WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo took fresh aim at China on Wednesday, saying the United States would impose visa restrictions on Chinese firms like Huawei Technologies Co Ltd that he accused of facilitating human-rights violations. Pompeo…
NBU at second swap auction satisfies bids of five banks for UAH 410 mln at 6.5%
The National Bank of Ukraine (NBU) at its second auction of interest rate swap on July 15 satisfied the applications of five banks for UAH 410
Zelensky, following Dnipro hotel, expects successful privatization of other State Management of Affairs’ facilities, hopes to start privatization of large industrial enterprises
President of Ukraine Volodymyr Zelensky welcomes the results of an online auction for the sale of the Dnipro Hotel in Kyiv. "Large privatization has started! The auction on the sale of the state-owned block of shares of PJSC Dnipro Hotel…
Smartland LLC buys Dnipro Hotel in Kyiv at online auction for UAH 1.1 bln
The State Property Fund of Ukraine (SPF) during an online auction on July 15 sold Dnipro Hotel in Kyiv for UAH 1.1 billion. According to the ProZorro.Sale system, the winner at 16:52 in the third round was Smartland LLC, registered…
Ukraine opens first support center for small, medium business in Kharkiv
Ukraine has opened its first Diya Business center for supporting entrepreneurs with small and medium-sized enterprises in Kharkiv on July 1, 2020. Ukraine has opened its first support center for small and medium-sized businesses in Kharkiv, a city of 1.4…