According to Interfax-Ukraine, the list of assets of ex-owner of PrivatBank Ihor Kolomoisky outside Ukraine and Russia, confirmed by him under oath in January 2018, with an estimated value of approximately GBP 1 million or more (non-U/R asset list) ran to 18 pages, Judge Trower said on February 21, 2021 during the hearing initiated by PrivatBank over one of the assets.
According to the published decision, the asset disclosures made by Kolomoisky relating to his assets outside Ukraine and Russia initially took the form of an asset list provided early January 2018, which described 40 assets.
The updated list was prepared in six columns headed respectively: Asset Description, Trading/Non-trading, Location, Detail, Estimated Value (USD) and Encumbrance (if any).
“A significant number of these assets were Mr Kolomoisky’s interests in companies located in a number of different jurisdictions. The reference to Trading/Non-trading was a relevant detail because the freezing order as varied did not prohibit dealings or disposals in the ordinary and proper course of business, nor did it require notification to Hogan Lovells [lawyers of PrivatBank] of dealings or disposals in the ordinary and proper course of business by any trading company,” the judge said.
He also reminded that the list of these assets under worldwide freezing order is confidential information.
According to the judge, apart from Mr Kolomoisky’s interests in the companies identified in the updated asset list, the other main types of asset were claims against third parties described variously as a debt or a chose in action.
According to the document, at various points during the course of 2018, Mr Kolomoisky produced further updates to the non-U/R asset list. The judge said that Mr Kolomoisky has directed his attention to addressing queries from the Bank regarding his asset disclosures and the use has made some 89 notifications to Hogan Lovells since the freezing order was originally granted, and has sought consent in order to proceed with certain transactions on in excess of 120 occasions.
The February trial involved investments of about $50 million by the former owner of PrivatBank in bitcoin mining involving Kolomoisky’s Georgian Manganese LLC and Vartsikhe 2005 LLC, an investment placed by way of oral agreement with Mr Aleksi Kuchukhidze with a right to receive the lesser value of 50,000 Bitcoin or $1 billion in January 2021. However, according to the document, the Bitcoin mining operations only took place for 17 months. Production of Bitcoin stopped in September 2019, at which stage a total of 3,533.3 Bitcoin had been mined. After payment of expenses and reimbursement to GM of the original investment, the current balance was approximately 800 to 1,000 Bitcoin of which Mr Kolomoisky was entitled to 90% (at the current exchange rate it is about $46,400).
The bank issued an application for an order that Mr Kolomoisky attend to be cross examined before a High Court judge in relation to his assets, but Judge Trauer denied it.
During the hearings, the Bank also expressed concern that Kolomoisky did not disclose its assets or that their description contains differences, in particular with regard to receivables, trading/non-trading classification and ownership structure. In relation to all three of these categories, it may be the case that the bank will wish to formulate further focused interrogatories in relation to the terms and incidents of these debts which are justified as a necessary basis for their preservation, but that is not the focus of the application today. Judge Trower said that it could be done at some stage in the future.
PJSC Ukrtelecom in 2020 reduced its net income by 2%, to UAH 6.214 billion, the company’s CEO Yuriy Kurmaz said at a press conference in Kyiv on Wednesday.
At the same time, EBITDA increased by 4.8%, to UAH 1.698 billion, and EBITDA margin by 1.8 percentage points, to 27.3 compared to the operator’s audited statements for 2019.
The company’s capital investments decreased by 0.5%, to UAH 688 million.
In 2020, Ukrtelecom built 10,000 km of fiber-optic communication lines, providing 270,000 households with the access to the optical Internet network.
Ukrtelecom is the largest fixed-line operator in Ukraine. It is the sole founder and participant of TriMob LLC – a mobile operator of 3G/UMTS standard.
Agricultural holding Kernel, one of the largest in Ukraine, in the second quarter of fiscal year 2021 (FY, began in July 2020) saw $170.64 million in net profit, a rise of 3.8-fold year-over-year.
According to the company’s report posted on Friday, its revenue in October-December 2020 grew by 28.5%, to $1.327 billion.
The company said that in H1 FY2021 its net profit amounted to $404.02 million, and revenue reached $2.267 billion, a rise of 3.9-fold and 20.4% year-over-year respectively.
Kernel said that EBITDA in Q2 FY2021 increased 2.5-fold, to $269 million, and in H1 FY2021 – 2.6-fold, to $559 million.
The company said in the report that a grain price boom and oilseeds price hikes created an opportunity momentum for trading business.
TOP 20 countries of Ukraine’s foreign trade partners in Jan-Nov of 2020 (thousand USD).
President of Ukraine Volodymyr Zelensky has signed decree No. 75/2021 on the appointment of Oksana Markarova as Ambassador Extraordinary and Plenipotentiary of Ukraine to the United States of America, the official website of the head of the Ukrainian state reported on Thursday.
The connoisseurs of quality restaurants in the capital cannot pass by the new place. The concept of the Ygli restaurant focuses on meat dishes and hookah art, and the menu of the restaurant can surprise even a sophisticated guest with its variety. In it you will find dishes from Caucasian, Turkish, Lebanese and Uzbek cuisine.
We should also mention the chefs of the Ygli restaurant. The creators of the restaurant believe that the recipes for the most delicious khinkali, khachapuri, Lebanese fatush salad or kebab are known precisely by the representatives of national cuisines, who have absorbed secrets from older generations since childhood. Almost everyone can cook dishes, but putting soul and flavor is a complicated task.
Oriental motives are also seen in the interior of the establishment. The space occupies two floors and includes a main hall, a lounge area with a bar and a stage, a wine room, an open kitchen, a barbecue, a tandoor and a food display case inspired by Asian bazaars. The Ygli restaurant was designed by Loft Buro studio. The work was appreciated at the global level, because the restaurant’s interior was included in the Best Interior 2020 rating of the best projects worldwide!
Dishes are prepared in the open kitchen in the main part of the establishment, while guests can observe all the processes before their dishes are brought to the table, and even participate in them.
The lounge zone is a place where you can smoke a hookah, drink oriental tea or get to a party with a DJ and Ukrainian musicians.
Considering the theme of the institution, oriental motives are observed in the interior and decor elements. The long-awaited dinner can end not only with delicious dishes, but also with the desire to examine every corner of the room. However, you do not need to deny yourself this. Polished metal works well with wood and textiles, and one of the restaurant’s most striking features is the ceramic tile carpet. It starts at the doorstep of the restaurant and features Azerbaijani traditional patterns. If to look around, you can also notice the elements of Asia. The bright combination of textures, materials and decorative elements at the junction of several cultures turned out to be very harmonious.
The color scheme of the establishment is restrained and in cold shades. But due to bright accents and greenery, comfort and national flavor are felt.
As the name implies, the restaurant has a particularly reverent attitude towards meat. It is delivered from ecologically clean regions, and thanks to the professionalism of the chefs during cooking, it acquires new tastes and delicious aromas.
In the Ygli menu you can find a wide variety of meat dishes: assorted, chkmeruli, kebabs and shish kebabs from several types of meat. For those who do not eat meat, there are fish dishes and several types of seafood. Fans of sweets will not be left without a dessert for every taste. The common napoleon cake, cheesecake or juicy baklava? Choose what you like best!
The price policy of the Ygli restaurant is average. The menu includes desserts from UAH 40 and traditional dishes up to UAH 400.
For birthday guests, the restaurant gives a 15% discount, on Thursdays at the bar you can get a 50% discount for signature cocktails, and every Wednesday – a Welcome sparkling drink for girls.
You don’t have to buy tickets to experience new emotions and taste traditional cuisines of other countries, you can come to Velyka Vasylkivska Street and not worry about turbulence. The only thing worth thinking about is which dishes to choose first.
