Ukraine’s seamy coal trade learns to vault the frontlines

Map of Ukraine, Including Crimea, and Neighbors, Including Russia

(Business New Europe – bne.eu – Graham Stack in Kyiv – September 25, 2015) Ukraine “should provide for transparency in coal purchases in the anti-terrorist zone [rebel-territories in East Ukraine] and abroad,” US ambassador to Kyiv Geoffrey Pyatt has warned amid growing attention to the shadowy lucrative trading that continues across the front line of the armed conflict. Pyatt, quoted […]

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Commander-in-Chief Poroshenko’s shipyard to play key role in rebuilding Ukraine’s navy

File photo of Barack Obama and Petro Poroshenko facing one another, with Obama gesturing

(Business New Europe – bne.eu – Graham Stack in Kyiv – September 22, 2015) A shipyard owned by President Petro Poroshenko, commander-in-chief of Ukraine’s military, is taking on a major role in rebuilding the country’s decimated navy, as the defence sector gears up to meet the Russian challenge. The Poroshenko-owned shipyard and engineering plant Leninska Kuznya is taking the first […]

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Ukraine’s wartime privatisation

International Monetary Fund Logo Over Ukraine Flag

(Business New Europe – bne.eu – Sergei Kuznetsov in Kyiv – August 28, 2015) Desperate to raise money, the Ukrainian government is determined to start a massive privatisation campaign before the end of this year. A total of 345 companies are on the list, including some of the state’s most attractive assets. But will there be any buyers? The economy […]

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