The DJ was pumping summer specials (“Call me Maybe” anyone?), the drinks were free flowing and the bride and the groom looked spectacular, but yesterday at my table all were glued to my cousin’s phone watching the final between Spain and Italy. There were grumbles about how Poland should have done better in its division, [...]
Tag Archives: Ukraine
What’s Next For Forbes’ Billionaires
Mar 07 2012 – 11:34 am
Forbes’ 2012 World’s Billionaires List is Out and Billionaires Are Talking
Forbes Billionaires and the Global Economy
Mar 09 2011 – 5:12 pm
This is the eighth year I have worked on Forbes’ World’s Billionaires. As always, I find the personal tales fascinating. I met with new Ukrainian billionaire Yuri Kosiuk at the Four Seasons in New York last fall when he was pitching Wall Street for investment dollars for his poultry producer. We had coffee and a [...]
Ukraine’s Gas Wells and Windmills
Aug 25 2010 – 9:33 am
Ukraine is currently debating grain quotas and the jury is still out on the country’s new president but the energy sector is making waves. Poland’s richest man, billionaire Jan Kulczyk, who bought into Ukraine’s natural gas production in June, has already started drilling. Kulczyk Oil Ventures launched the M-19 well at the Makiivka gas deposit in Donetsk [...]
Ukraine Econ Upturn As its Billionaires Start to Raise Cash
Jul 22 2010 – 10:23 am
Ukraine’s youngest billionaire, Kostyantin Zhevago, who almost lost his iron ore producer, Ferrexpo, when markets crashed two years ago, is back raising cash. According to Millenium Capital, Ferrexpo completed its road-show July 16 planning to place Eurobonds worth $500 million. The company plans to ramp up production by 50% over the next five years, and has [...]
Ukrainian billionaires behind Privat Group Take on Russian Billionaire Makhmudov
Jul 08 2010 – 9:25 am
Ukrainian billionaires, Henadiy Boholyubov and Ihor Kolomoyskyy, via Mantara Holding, a company close to the their jointly-owned Privat Group, may be in for a fight over Ukrainian locomotive-maker, Luhanskteplovoz, with Russian billionaire, Iskander Makhmudov. Mantara Holding filed a lawsuit with the State Property Fund of Ukraine (SPF) to cancel the sale of Luhanskteplovoz to Transmashholding, Russia’s largest [...]
Ukrainian Billionaire Akhmetov Tries For Another Steel Mill
Jun 17 2010 – 11:12 am
After recently losing Ukraine’s fourth largest steelmaker, Zaporizhstal, to an unnamed group of Russian investors, Rinat Akhmetov, Ukraine’s wealthiest (with a fortune estimate by Forbes at $5.2 billion) is at it again. Akhmetov’s Metinvest, Ukraine’s largest vertically integrated steel group, is negotiating a merger with Mariupol Ilyich Steelworks, the country’s largest flat rolled steel producer. According to a note [...]
Polish billionaire buys Ukrainian gas firm in middle of Naftogaz debate
Jun 15 2010 – 8:19 am
Polish richest man, billionaire Jan Kulczyk, whose fortune was estimated by Forbes to be $2.1 billion in March, is increasing his energy investments in Ukraine. His Kulczyk Oil Ventures, through its subsidiary, Loon Ukraine Holding, bought a 70% stake in of one of Ukraine’s largest private producers of natural gas, KUB-Gas, for $45 million; the [...]
Ukraine’s Richest Loses Deal for Coveted Steel Mill
Jun 02 2010 – 1:01 pm
Rinat Akhmetov, Ukraine’s wealthiest man with an estimated $5.2 billion steel and coal fortune according to Forbes, lost his bid for Ukraine’s fourth largest steelmaker, Zaporizhstal, in a surprise twist according to reports from Ukraine. This week a group of undisclosed Russian investors took control of Zaporizhstal for a reported UAH 1.7 billion (about $220 [...]