News
2012
Sberbank completes Volksbank buy
Sberbank has completed its deal to buy Volksbank International AG, outlaying between €585 – €645 million, depending on VBI’s 2011 business performance, in a key expansion move.
2012
PepsiCo to cut 8,700 jobs to “drive growth”
PepsiCo is to cut around 8,700 jobs as part of a wider strategy to cut costs and “drive growth” across the business.
2011
Chain stores PLATO continues to develop on the capital market
Group of Companies (GK) MTI (Kiev), developing a network of shoe stores “Intertop”, Plato, Kidditop and a network of shops selling IT-electronics Protoria, mono-brand stores as well as Clarks, GEOX, Pandora, TIMBERLAND, to November 16 opened a shop in the PLATO TC “Auchan”.
2011
The global retailer Wal-Mart Stores increased its net profit by 2%
Net income of one of the world’s largest retailers – U.S. Wal-Mart Stores Inc. 9 months of 2011-2012 fiscal year has grown – up to 10.54 billion dollars, compared with 10.33 billion dollars in the same period a year earlier.
2011
Retail chain VARUS entered to the retail market of Krivoy Rog
The company “Omega”, which manages a supermarket chain in the market VARUS domestic food retailing, November 11, 2011 opened its first commercial facility in Krivoy Rog, Dnipropetrovsk region.
2011
Group of companies “Foxtrot” will pay 401 thousand UAH to AMC for the concentration of shares of companies
The Antimonopoly Committee of Ukraine (ACU) has fined the company Foxtrot (Kiev), which owns the brands and companies in the group Foxtrot , amounting to 401 thousand UAH. For the implementation of the concentration by indirect purchase of shares in the authorized capital (CC) of the companies and the establishment of enterprises without the approval of the Committee.
2011
The Dutch company sold half of its shares of VAB Bank
The company TBIF Financial Services B.V. (The Netherlands) reduced participation in the authorized capital of VAB Bank (Kyiv) to 8% from 16%. According to the bank in a system of disclosure of the State Commission on Securities and Stock Market, the corresponding information was available to the bank November 14