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Business

UMCC declares intention of oligarchs to regain influence over company by blocking its activities

PJSC United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (Dnipropetrovsk region) and Irshansk Mining and Processing Plant (Zhytomyr region), in recent days was under pressure from financial and industrial groups acting through corrupt law enforcement.…

Read MoreUMCC declares intention of oligarchs to regain influence over company by blocking its activities

Cabinet publishes resolution on maximum gas price for population of UAH 6.99 per cubic meter in Feb-March

The Cabinet of Ministers of Ukraine published on the government portal resolution No. 25 dated January 18, 2021, which introduces the maximum gas price of UAH 6.99 per cubic meter for household consumers (population) in February-March 2021. The restriction on…

Read MoreCabinet publishes resolution on maximum gas price for population of UAH 6.99 per cubic meter in Feb-March

Govt risks losing UAH 12 bln from privatization in 2021 due to coordinated resistance of law enforcers, oligarchic groups – SPF

The State Property Fund (SPF) of Ukraine, headed by Dmytro Sennychenko, expresses concern about the actions of law enforcement officials aimed at destabilizing the work of state-owned enterprises, in particular, PJSC United Mining and Chemical Company (UMCC), which manages Vilnohirsk…

Read MoreGovt risks losing UAH 12 bln from privatization in 2021 due to coordinated resistance of law enforcers, oligarchic groups – SPF