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MARKET NEWS: 2016. August 2 – August 8

  • On the position of Deputy General Director for Marketing and Sales of PJSC “ArcelorMittal Kryvyi Rih” (AMKR) appointed Anastasia Tataruleva.
    In this role, she is responsible for the execution of the business plan for the shipment and sale of products of PJSC “ArcelorMittal Kryvyi Rih” on the export and domestic markets, as well as for research and development of new markets.
    Earlier, Virinder Bahadur Garg occupied the post of Deputy General Director for Marketing and Sales AMKR .
    “ArcelorMittal Krivoy Rog” – the largest producer of rolled steel in Ukraine. It specializes in long products output, in particular, rebar and wire rod.
  • VTB Bank appealed to the law enforcement authorities with respect to checking the legality of actions of the bank “East”, which belongs to the owner of the Fozzy Group

    Kyiv Appeal Court overturned the decision of the Pechersk district of Kiev on the imposition of court arrest at the expense of “Fozzy-Food,” (company-owner of “Silpo”), the company’s accounts are unlocked. The decision of the Appeal Court is final and not subject to appeal.
    Recall companies Fozzy Group debt to VTB Bank on credit agreements was 2.2 billion USD, and an additional 8.2 billion UAH – 28 contracts of financial guarantee.

  • Odessa businessman Boris Kaufman acknowledged that he is the co-owner of the largest distributor of tobacco products in Ukraine Company Tedis Ukraine.
    Boris Kaufman owns Vertex United, which manages assets of the hotel business (“Bristol”, “London”, “President-Hotel”), media assets (the magazine “Focus”, “Focus. Beautiful country,” focus.ua site). Until 2014, he was a shareholder Finbank.

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