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Fozzy Group, the second largest retailer in Ukraine in terms of turnover, has requested permission from the Antimonopoly Committee of Ukraine (AMCU) to acquire control over the assets of Furshet Retail Group. "On granting permission to Silpo-Food LLC to directly…
The Antimonopoly Committee of Ukraine (AMCU) has allowed Silpo-Food LLC, a member of Fozzy Group (Kyiv), to buy Furshet retail chain, Silpo announces a preliminary agreement on the transfer of some supermarkets. "Silpo-Food reached a preliminary agreement with Furshet retail…
The European Business Association (EBA) proposes to allow the sale of electrical goods for cleaning and disinfecting premises or areas during quarantine, and also fears abuse by regulatory authorities. "Thus, the resolution prohibits the activities of businesses that serve visitors,…
Ambassador of Japan to Ukraine Takashi Kurai (L) attends a meeting with Dmytro Kuleba, Ukraine’s foreign minister, in Kyiv on Jan. 28, 20
Naftogaz plans to invest $7.3 billion in hydrocarbon production in 2021-2025, boosting reserves by 1.8 times, Chief Operating Officer of the Naftogaz Group Otto A. Waterlander said. "In the next five years, our business plan provides that we will invest…
Naftogaz Ukrainy intends to enter the retail electricity and energy efficiency markets in 2022, Head of the Retail Supply Division of Naftogaz Group Maksym Rabinovych has said. "We want to represent not only the gas business as a resource, but…
Naftogaz intends to increase its share of the retail gas market to 35% in the next five years, Head of the Retail Supply Division of Naftogaz Group Maksym Rabinovych has said. "Now we say that the Naftogaz group already has…
Hearings in international arbitration on the claim of the Dutch company Gilward Investments B.V., which was the largest shareholder of AeroSvit airline, against Ukraine in the amount of more than $695 million are scheduled for May 4-7, 20
The Cabinet of Ministers authorized Ukraine Investment Promotion Office (UkraineInvest) to monitor projects with significant investments. The government made the relevant decision at a meeting on Wednesday. "UkraineInvest will be engaged in monitoring of the investment projects. The Investment Promotion…
