Telenor may sell Kyivstar through deal

The deal worth at least $5 billion signals that neither side is willing to find common ground ld settle its long-standing dispute with Russia’s Alfa Group, presenting a deal worth at least $5 billion that would separate their interests in the promising and lucrative Ukrainian and Russian mobile telecom services markets. The deal serves as…

U.S. annuls Cold War sanctions

The annulment of the Jackson-Vanik ammendment…is a considerable step up to trade relations and boost to new investment in Ukraine gres, has all but ended for Ukraine, following a March 9 vote to annul it by the U.S. House of Representatives. Cancellation of the Cold War package of sanctions marks the third sign of support…

Banking protectionists rattle sabres

Influx of foreign investors panic domestic Ukrainian bankers ent activity recently, as majority stakes in three of the country’s largest banks were sold to Western banking groups. The sudden eastward advance of big Western banking conglomerates onto the Ukrainian market is destined to fuel continued growth. But it has also triggered panic among many of…

Top law firms unite, more consolidation expected

The merger unites Pravis: Reznikov, Vlasenko and Partners, and Magister & Partners a clear-cut market leader. Lawyers said the merger also signifies a growing need by top-tier Ukrainian law firms to consolidate in order to improve their competitiveness, as international law groups intensify efforts to move into the market, searching for lucrative contracts. The merger,…

Germany’s METRO continues expanding in Ukraine

One of the largest retail and wholesale traders in the world laid the cornerstone for a new store in Ukraine’s eastern city of Luhansk – its ninth city of Luhansk on March 3, for what will be the supermarket giant’s ninth store in the country. METRO Cash & Carry Ukraine, the group’s local subsidiary, has…