Business news from Ukraine

RICHEST MAN IN UKRAINE FILED LAWSUIT AGAINST RUSSIA IN EUROPEAN COURT OF HUMAN RIGHTS

Businessman Rinat Akhmetov has filed a lawsuit against the Russian Federation with the European Court of Human Rights (ECHR) over Russia’s military aggression against Ukraine.
This was reported by the press service of the SCM company.
“Evil cannot go unpunished. Russia’s crimes against Ukraine and every Ukrainian are egregious. The guilty must be punished. I – with the help of the best Ukrainian and American lawyers – filed a complaint with the European Court of Human Rights for damages. This lawsuit is one of the first international legal actions against Russia, the purpose of which is to stop the criminal activities of the Russian aggressor, the destruction of the Ukrainian economy and the plundering of Ukrainian assets,” Rinat Akhmetov said.
The businessman asks the European court to hold the aggressor country Russia accountable for the destruction of Ukrainian infrastructure, looting and theft of export goods. He is represented by the international law firm Covington & Burling LLP.
As the owner of Azovstal and many other industrial enterprises targeted by the Russian armed forces invading Ukraine, Akhmetov is doing everything possible to hold Russia accountable for the destruction it is wreaking on Ukrainian territory, SCM noted.
In addition to the lawsuit, the businessman asks the court to take urgent interim measures that will prevent further blockade of Ukrainian ports, looting, theft of grain, as well as steel produced by SCM enterprises.
“The looting of Ukrainian export commodities – including grain and steel – has already driven up the price of those commodities and increased the number of people in the world who are dying of hunger. This barbarity must be stopped and Russia must pay in full. I believe in justice and fight for it,” said Rinat Akhmetov.
He also urges other businessmen affected by Russian aggression to go to court.

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BORSCHAHIVKA PHARMACEUTICAL PLANT FILES LAWSUIT AGAINST DARNITSA PHARMA

PJSC Research and Industrial Center Borschahivka chemical and pharmaceutical plant has filed a lawsuit to Kyiv’s business court against PrJSC Darnitsa pharmaceutical firm (both based in Kyiv) and a lawsuit against the municipal ownership department of the Kyiv City Council, seeking to declare invalid a trading session where shares in the plant were sold and the respective sale and purchase contract was signed. “After studying the materials of the lawsuit, the court declared them sufficient for accepting the lawsuit, opening the proceeding and hearing the case,” the business court said in a ruling published in the unified register of court rulings.
In turn, Darnitsa pharmaceutical firm filed the counterclaim against Borschahivka chemical and pharmaceutical plant seeking to declare valid its ownership rights to the shares of the plant.
Four persons also filed lawsuits to the business court of Kyiv with the same demands against Darnitsa pharmaceutical firm and the municipal ownership department of the Kyiv City Council.

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