Ukraine: Corum fined for 53 million UAH

The Antimonopoly committee of Ukraine has fined Corum Ukraine for 53 million UAH and the scientific and manufacturing company Mining Machines for 3.3 million UAH for the breach of the legislation on economic competitiveness protection. The AMCU found out about the violations at the three auctions held by the state enterprise Lvivugol, in which the…

Ukraine: DTEK swallows Corum

One of the largest machine-building holdings of Ukraine – Corum, owned by Rinat Akhmetov, has merged with DTEK Energo. Now it is another energy holding business direction. Last year DTEK announced the purchase of two works – Svet Shakhtera and Corum Druzhkovka Machine-building Works, as well as a small manufacturing site of Mining Machines. All…