On Nov. 17, the Anti-Monopoly Committee refused to consider an application to complete the controversial purchase of the Bilshovyk machine-building plant. The agency said that the application didn’t comply with its requirements.
Tycoon Vasyl Khmelnytsky and his business partners bought the Kyiv plant for a mere $53 million through an Oct. 27 auction that had just three bidders. Experts believe that the property could have easily been sold for three times as much.
Multiple media outlets alleged that Khmelnytsky-linked firms used dubious schemes to make the acquisition too risky for other investors. The committee is currently investigating the sale.
Max Hunder is a business reporter at the Kyiv Independent. He previously worked as a business reporter at the Kyiv Post focusing on infrastructure and energy. He is a graduate of Eton College and University College London, and has reported for international publications from London, Kyiv and Yerevan.
"As requested by (Hungarian Prime Minister Viktor Orban), you may take them with you directly onto the plane that brought you here," Russian President Vladimir Putin said.
A woman has been arrested in connection to a suspected terrorist attack that killed a police officer and injured 25 others in the Western city of Lviv in the early hours of Sunday morning, Ukrainian authorities said.
A Russian-flagged liquified natural gas (LNG) tanker, the Arctic Metagaz, has reportedly caught fire in the Mediterranean Sea, multiple media outlets reported on March 3.
"Russia is playing for time here, and in doing so is also acting against the will of the American president. In today's talks, I called for increasing the pressure on Moscow," German Chancellor Friedrich Merz said on March 3 after meeting with U.S. President Donald Trump.
