The following is the April 9, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. French billionaire Xavier Niel’s investment company NJJ Capital announced that it would be acquiring and merging two
The court claimed Kolomoisky is a member of the British mining company JKX Oil & Gas Limited, which it labeled as a part of an "extremist group whose actions were clearly anti-Russian in nature."
The Shevchenkivskyi district court extended oligarch Ihor Kolomoisky's detention for another two months but reduced his bail to Hr 2.4 billion hryvnias ($62.5 million), his lawyer told Suspilne on Feb. 28.
The sale of Chelsea FC generated 2.5 million pounds ($3.2 billion), which Russian oligarch Roman Abramovich said he would donate to Ukraine.
One of Ukraine’s biggest embezzlement cases – that against oligarch Ihor Kolomoisky – is likely to be closed due to a recent court ruling, according to the Anti-Corruption Action Center. The ruling may become a death knell for Ukraine’s long-running efforts to prosecute the flamboyant tycoon. Kolomoisky, who is currently
Since Ukraine proclaimed its independence from the Soviet Union in 1991, a large share of its industries has been controlled by oligarchs like Rinat Akhmetov, Victor Pinchuk, Petro Poroshenko, Ihor Kolomoisky, Viktor Medvedchuk and Dmytro Firtash.
Episode #25 of our weekly video podcast “This Week in Ukraine” is dedicated to Ukraine's notorious oligarch Ihor Kolomoisky, his unprecedented arrest, and the changing political climate for Ukrainian oligarchs. Host Anastasiia Lapatina is joined by the Kyiv Independent's business editor Liliane Bivings. Listen to the audio version of the
Ihor Kolomoisky's recent arrest is the latest episode in a prolonged, hard-fought slide from grace for one of Ukraine's most notorious oligarchs. At his height, he governed a region, controlled huge chunks of multiple industries, made good use of his massive TV network, and a cadre of loyal politicians. Now,
The demise of the Soviet Union in the 1990s saw the state's vast wealth up for grabs by enterprising citizens; in making the public into the private, a new class of both Russian and Ukrainian oligarchs was born. For decades they played a pivotal role in both local – and often
