Poroshenko`s legal advisors: creating offshore companies only way to transfer Roshen into ”blind trust”
Apr04

Poroshenko`s legal advisors: creating offshore companies only way to transfer Roshen into ”blind trust”

Law firm Avellum, which had been engaged in the preparation of the Ukrainian president`s share in Roshen for the sale and transfer into the blind trust issued a statement, explaining why the offshore companies were established.”To this end, [the transfer to the ”blind trust”], the relevant contracts have been signed, which empowered us, the ICU...

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Large-scale raid in three regions: terrorist acts of sabotage group prevented
Apr04

Large-scale raid in three regions: terrorist acts of sabotage group prevented

Law enforcement officers got on trail of a terrorist group formed by the Russian Federation`s experts in militant-controlled areas of Donetsk region, according to the region`s Main Department of National Police.The department`s press service said that with the help of recruited individuals, saboteurs smuggled weapons and explosives from the...

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Poroshenko responds to “offshore scandal”
Apr04

Poroshenko responds to “offshore scandal”

President of Ukraine Petro Poroshenko said that he withdrew from asset management, outsourcing this function to consulting companies and law firms, according to the president`s posting on Facebook. “I believe I might be the first top office official in Ukraine who treats declaring of assets, paying taxes and conflict of interest issues...

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Ukraine wants to export more power industry equipment to Middle East, Central Asia
Apr04

Ukraine wants to export more power industry equipment to Middle East, Central Asia

Ukrainian Deputy Prime Minister Hennadiy Zubko says that Ukraine`s Cabinet of Ministers plans to take measures to boost exports of power engineering commodities to Iran, Turkey and Central Asian countries, namely Kazakhstan, Turkmenistan, and Azerbaijan. “Last and this year, the Cabinet held general commissions on measures to boost exports...

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Kremlin propagandists spotted in anti-Ukrainian campaign in Netherlands
Apr04

Kremlin propagandists spotted in anti-Ukrainian campaign in Netherlands

Kremlin-backed propagandist Sergey Markhel has been spotted working for opponents of the Ukraine-EU Association Agreement from the GeenStijl movement in the Netherlands, according to Ukrainian online newspaper Europeiska Pravda. Earlier, Markhel was often involved in activities of Russia`s embassies in EU member states. Now he is campaigning...

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Yield of winter grain in Ukraine projected at 22.7 mln tonnes
Apr04

Yield of winter grain in Ukraine projected at 22.7 mln tonnes

The yield of winter grain crops is expected at 22.7 million tonnes provided the favorable weather conditions, the press service of the Ukrainian AgriBusiness Club Association (UCAB) reported. “With favorable weather conditions the gross yield of winter grain crops is expected to reach 22.7 million tonnes, according to UCAB experts`...

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Ukrainian Treasury`s balance expands by UAH 4.2 bln in March
Apr04

Ukrainian Treasury`s balance expands by UAH 4.2 bln in March

The balance of assets on the single account of the State Treasury Service of Ukraine as of April 1, 2016, was estimated at UAH 21.049 billion, which was 25%, or UAH 4.223 billion, up on March 1, 2016, according to the Treasury`s website. However, the balance in March 2016 was 21%, or UAH 5.625 billion, down year-over-year. At the same time, it...

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Three Ukrainian soldiers wounded in Donbas in last day
Apr04

Three Ukrainian soldiers wounded in Donbas in last day

No Ukrainian soldiers were killed but three were wounded in the Donbas conflict zone over the last 24 hours, head of the press center of the Anti-Terrorist Operation (ATO) headquarters, Colonel Oleksandr Motuzianyk said at a briefing on Monday, according to an UaPosition correspondent. “Over the last day, we haven`t lost any Ukrainian...

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NBU sells over $131 mln in March to support hryvnia
Apr04

NBU sells over $131 mln in March to support hryvnia

The National Bank of Ukraine (NBU) sold $131.2 million to banks at forex auctions in March, and bought $129.1 million from them, according to an update posted on the regulator`s website.On March 15, the NBU sold the largest amount of currency, which was $60 million.As UaPosition reported earlier, hryvnia quotations against the dollar on the...

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NABU not to probe reports on Poroshenko`s offshore assets
Apr04

NABU not to probe reports on Poroshenko`s offshore assets

The National Anti-Corruption Bureau (NABU) says it does not plan to start an investigation in connection with reports about Ukrainian President Petro Poroshenko`s offshore assets, because he ”does not fall within the NABU`s jurisdiction,” while the Bureau is now analyzing information about other Ukrainian citizens exposed in the so-called Panama...

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