Business news from Ukraine

Business news from Ukraine

The Antimonopoly Committee fined 2 companies for collusion

20 October , 2022  

The Northern Interregional Territorial Branch of the Antimonopoly Committee of Ukraine (AMCU) fined Forma LLC and IBK Ukrbud LLC for bid rigging for the purchase of design works for the construction of the Podolsk bridge in Kyiv.

According to the press service of the Antimonopoly Committee of Ukraine, it was found that the companies coordinated their actions: they used common IP addresses for managing accounts and for tax reporting, acted simultaneously when receiving bank guarantees, etc.

Based on this, the Antimonopoly Committee of Ukraine recognized two companies as violators of the legislation on the protection of economic competition and imposed fines. In addition, violators are banned from participation in the auction for a period of three years.

According to Opendatabot, the owner of IBK Ukrbud LLC is Maksim Fomichov. The owner of Kyiv-based Forma LLC is Oleksandr Stepenko.

Both companies participated in the tender of the KP “Directorate for the Construction of Road Transport Facilities of Kyiv” in the “Prozorro” system for the purchase of design work for the construction of the Podolsk bridge in 2018. The winner of the auction was “IBK “Ukrbud” with an offer of UAH 11 million.