Tag: Zaporizhstal

A debt of UAH 3,7 billion: the assets of the Southern Mining and Processing Plant have been transferred to tax lien.

The assets of JSC Yuzhny Mining and Processing Plant were placed in tax lien due to the failure to fulfill financial obligations to the state in the amount of UAH 3,7 billion. This was reported by Ruslan Kravchenko, head of the State Tax Service of Ukraine, according to Delo. What is known about the case? The Supreme Court…

The Boguslayev case: treason or a business reorganization: how did the aviation giant Motor Sich come under the influence of Akhmetov's people?

The legal turmoil of former Motor Sich JSC CEO Boguslayev and Akhmetov's likely influence on the strategically important aircraft manufacturing enterprise. The Boguslayev Case. The case against Vyacheslav Boguslayev, the former head of Motor Sich JSC, accused of establishing transnational channels for the illegal supply of wholesale quantities of Ukrainian aircraft engines to…

Rostislav Shurma has figured in numerous schemes since his time in Zaporizhzhia.

Shurma Rostislav: Medvedchuk’s sent Cossack. PART 2

Illegal land allocation schemes, multi-billion-dollar contracts funded by the local budget, personnel appointments of numerous loyal officials, and business with the local Samopomich party are just some of the abuses in which Deputy Head of the Presidential Office Rostyslav Shurma was implicated during his tenure in Zaporizhzhia, according to Fakty. This is reported by journalists from the Zaporizhzhia Center for Investigations,…

Motherland. Just a showdown between Kolomoisky and Akhmetov.

Motherland

Despite the Ministry of Culture's willingness to purchase steel from a European manufacturer to replace the Soviet symbol on the Motherland Monument, it turns out that Zaporizhstal has already provided the steel free of charge and paid for the design, EP reports. This follows from a statement posted on Zaporizhstal's website. Zaporizhstal responded to a request for comment…

Zaporizhstal is seeking a review of the tax authorities' decision to deny a VAT refund of UAH 350 million due to sanctioned shareholders.

Zaporizhzhia Iron and Steel Works (ZMK) insists on the need to review the State Tax Service's (STS) decision to deny the company a value-added tax (VAT) refund of over UAH 350 million, Interfax-Ukraine reports. According to the company's press release, in late June, the STS's Eastern Interregional Office for Large Taxpayers denied the company's request…

Abramovich left Ukraine no choice

May's biggest winner, Rinat Akhmetov, received another gift from fate. A month ago, the state dumped large stakes in Zaporizhstal and Metinvest at his feet. Now he has the opportunity to become the sole owner of the Southern Mining and Processing Plant, according to Ukrrudprom. According to a leaked report in the Daily Mail, Roman Abramovich refuses to sign the agreement allocating funds to the fund…

Zaporizhstal's litmus test

Judging by the hysteria Metinvest managers have been wreaking at the group's Zaporizhzhia subsidiary for a month now, the anxiety level there is clearly off the charts. Everyone understands that the state now has the opportunity to consolidate a controlling stake in Zaporizhstal and its associated enterprises. Ideally, it could even acquire 100% of these assets, writes…

Searches at the home of oligarch Vasyl Khmelnytsky: will they recall his ties to Russian intelligence services and the forged documents that allowed him to become a member of parliament?

Vasyl Khmelnitsky, Andrey Ivanov, dossier, biography, compromising information

The NABU conducted a search of the home of controversial Ukrainian billionaire and politician Vasyl Khmelnytsky. This would be nothing out of the ordinary if not for the address where the search took place—Khmelnytsky's estate is located on an island on the protected Zhukov Island, according to Antikor. The address of the former sponsor of the Green Party (not to be confused with Servant of the People) is Lesnichaya Street, 58 (it's nearby…