Automobile manufacturers believe situation in sector is critical, plants could be stopped
The largest Ukrainian automobile manufacturers have said that the situation in the sector today is critical, and they forecast that plants producing cars could be closed if urgent measures to restrict imports of cars are not taken.
- 13:34, 18.05.2012

Antonov state enterprise sees 29% rise in net profit in 2012
Kyiv-based Antonov state-run enterprise has updated its financial results for January-March 2012 year-over-year: the net profit over the period grew by 29.39%, to Hr 35.25 million, reads a company report.
- 12:42, 18.05.2012

Vehicle production in Ukraine down almost 15% in four months
Ukrainian automobile manufacturers in January-April 2012 tentatively produced 26,170 cars and buses, a 14.8% fall year-over-year, reads a report of the Ukrautoprom association.
- 10:21, 18.05.2012

Quality due diligence is key to success of business deals
If you want to do well at school, first you have to do your homework.
- 23:35, 17.05.2012

Leading Ukrainian law and consulting firms explain why due diligence is crucial and what it can uncover
In Kyiv Post interviews, 10 of Ukraine’s top law and consulting firms answered the below questions.
- 23:34, 17.05.2012

Gide Loyrette Nouel's Tkachuk: Some risks ‘very hard’ to predict
In this Kyiv Post interview, Illya Tkachuk, a lawyer at the Corporate and M&A department in Ukraine forGide Loyrette Nouellaw firm, said that one of the biggest and hardest to domestic predict risks when conduction due diligence is Ukraine’s unpredictable tax administration. He said “it very hard to foresee potential risks and issues which may be revealed by a tax inspection.”
- 23:33, 17.05.2012

Cherkasenko: Comprehensive due diligence necessary in Ukraine-related deals
In this Kyiv Post interview, Arzinger partner Maksym Cherkasenko recommends conducting comprehensive due diligence when Ukraine-related transactions are on the table, enough to cover all historical aspects related to the target asset.
- 23:29, 17.05.2012

Moskalyk: Risks can be mitigated through correction action before the deal goes through
In this Kyiv Post interview, Andriy Moskalyk, senior associate at the Ukraine offices of Clifford Chance, said that it is common to find risks in the acquisition and incorporation of businesses.
- 23:28, 17.05.2012

CMS Cameron McKenna’s Conlon: Investors needs to understand what they are buying
In this Kyiv Post interview, CMS Cameron McKenna partner Graham Conlon said that in practice, proper due diligence involves a lot more than following a few specified steps.
- 23:27, 17.05.2012

Deloitte’s Anufriev: There would be less to uncover if government removed incentives fuelling corruption
In this Kyiv Post interview, Dmitry Anufriev, partner at Deloitte & Touche in Ukraine, revealed the essential steps to minimize risk and protect investments by conducting proper due diligence.
- 23:26, 17.05.2012

DLA Piper’s Zagorodniuk: Proper due diligence enables investor to decide whether to proceed with investment or hold fire
In this Kyiv Post interview, Galyna Zagorodniuk, legal director at the Kyiv offices of DLA Piper, reveals the major risks and red flags that proper due diligence can uncover.
- 23:25, 17.05.2012

Ernst & Young: In sea of abundant risk, best to stay afloat through solid due diligence
In this Kyiv Post interview, Rostyslav Grygorenko, associate director of transaction advisory services at Ernst & Young Ukraine, and Larysa Marchenko, associate director of transaction support, revealed the various “hardest to find risks” that investors should be aware of before acquiring a Ukrainian asset or jumping into business with a local partner.
- 23:24, 17.05.2012

Ilyashev & Partners Fefelov: Don’t underestimate benefit of due diligence
In this Kyiv Post interview, Oleksandr Fefelov, a lawyer at the Kyiv offices of Ilyashev & Partners, said the “hardest to uncover risks” uncovered by due diligence include tax violations, environmental protection violations, obligations with the third parties, employment issues and threatening litigation.
- 23:22, 17.05.2012

KPMG’s Shved: Due diligence can reveal ‘deal breaking’ issues
In this Kyiv Post interview, Yuriy Shved, Associate Director of transactions and restructuring at the Ukraine offices of KPMG, said that the most common ‘deal breaking’ issues revealed by proper due diligence are tax risks, inflated earnings, unreported liabilities and commitments, non-kosher business practices and doubtful ownership rights.
- 23:21, 17.05.2012

Sayenko Kharenko reveals ‘ins and outs’ of due diligence in Ukraine
In this Kyiv Post interview, Vladimir Sayenko, partner at Kyiv’s Sayenko Kharenko law firm, and group lawyer Leonid Antonenko reveal the ins and outs of due diligence when it comes to the complex risks that exist in doing business within Ukraine.
- 23:20, 17.05.2012

Due diligence mistakes end up costly in Ukraine
A glance at any investment-climate rankings is enough to warn any potential investor of the high risks of investing in Ukraine, from corrupt officials and judges for hire to sketchy balance sheets.
- 23:04, 17.05.2012

Gas projects begin with research, not exploration
The market value of Ukraine's shale gas could be as high as $1.5 trillion.
- 22:47, 17.05.2012

Ten most common red flags uncovered during due diligence probes of acquisition targets
The main task of any due diligence probe of an asset or potential business partner is to uncover any potential red flags – hidden risks, liabilities and potential conflicts not clearly seen on the surface.
- 22:36, 17.05.2012

Expats To Watch: Tetra Pak chief: Ukraine business to grow more
Tetra Pak's ubiquitous packaging for dairy, juice and baby food products is on almost all store shelves in Ukraine.
- 22:07, 17.05.2012

Greece fears weigh on markets, Ukraine growth
Ukraine's economic growth is slowing, weighed down by sluggishness in Europe.
- 22:02, 17.05.2012

On the move: Dmytro Gadomsky, Arzinger
Have a new employee or promoted someone recently? Let Kyiv Post readers know about all the changes in your business, government agency or non-profit organization through a paid announcement in the On The Move section. For information about how to place your On The Move item at the low rate of Hr 1,440, please call advertising at 591-77-88 or email advertising@kyivpost.com.
- 21:59, 17.05.2012

On the move: Evgenia Novichkova, Arzinger
Have a new employee or promoted someone recently? Let Kyiv Post readers know about all the changes in your business, government agency or non-profit organization through a paid announcement in the On The Move section. For information about how to place your On The Move item at the low rate of Hr 1,440, please call advertising at 591-77-88 or email advertising@kyivpost.com.
- 21:57, 17.05.2012

On the move: Oleksander Plotnikov, Arzinger
Have a new employee or promoted someone recently? Let Kyiv Post readers know about all the changes in your business, government agency or non-profit organization through a paid announcement in the On The Move section. For information about how to place your On The Move item at the low rate of Hr 1,440, please call advertising at 591-77-88 or email advertising@kyivpost.com.
- 21:55, 17.05.2012

MTS Ukraine, Kyivstar fail to agree on interconnection fees
Mobile communications operators MTS Ukraine and Kyivstar have failed to sign an agreement on interconnection fees for 2012, representatives of the operators have told Interfax-Ukraine.
- 13:22, 17.05.2012

Infrastructure ministry publishes Skoda train schedule, prices of tickets
Sales of tickets for Skoda intercity interregional electric trains, which will run on the Kharkiv-Donetsk, Donetsk-Mariupol, Donetsk-Dnipropetrovsk, Dnipropetrovsk-Kharkiv, Kharkiv-Mariupol and Donetsk-Luhansk routes will start on May 17, 2012.
- 13:16, 17.05.2012

Rospotrebnadzor: Two Ukrainian plants allowed to resume cheese exports to Russia
MOSCOW - Two Ukrainian enterprises - Hadiachsyr and Prometei - have been allowed to resume cheese exports to the Russian market following the results of laboratory tests conducted by Russia's consumer rights watchdog, Rospotrebnadzor head and Russia's chief epidemiologist Gennady Onishchenko told Interfax on May 17.
- 12:13, 17.05.2012

Prices of fuel in May could fall by 30-40 kopecks per liter
The expert and analytical group on the functioning of the market for oil and fuel, and the development of the oil industry under the Cabinet of Ministers of Ukraine has forecasted a fall in retail prices of petrol and diesel fuel by 30-40 kopecks per liter.
- 11:07, 17.05.2012

Industrial gas production at Yuzovska, Oleske fields to begin in 2017
Industrial gas production at the Yuzovska (Kharkiv and Donetsk regions) and Oleske (Lviv and Ivano-Frankivsk regions) fields is to begin in 2017, Ukrainian Environment and Natural Resources Minister Eduard Stavytsky said at a press conference at Interfax-Ukraine in Kyiv on May 16.
- 15:54, 16.05.2012

DTEK signs agreement with Hungary's MVM Partner to supply power in 2012
The largest private vertically integrated energy holding of Ukraine – DTEK – has signed a framework contract with Hungary's MVM Partner Ltd. to supply electricity in 2012, the holding's press service has reported.
- 14:48, 16.05.2012

Naftogaz Ukrainy forecasts average annual imported Russian gas price at $440 for 2012
SEVASTOPOL - The average annual price of Russian natural gas procured by Ukraine's national oil and gas company Naftogaz Ukrainy will be $440 per 1,000 cubic meters this year, Naftogaz's CEO Yevhen Bakulin said at a ceremony marking the commissioning of the modern self-elevating floating drilling rig (SEFDR) Petro Hodovanets on May 16.
- 14:40, 16.05.2012