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Apr 9, 2014

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Ukraine crisis threatens European business there

Recently one of my colleagues, whose business is closely connected with realization of Ukraine's metallurgical plants' products, has returned from his regular commercial travel about the east of Ukraine and voiced great concerns over further maintaining his business relations with Ukrainian partners there. And the matter is not only in the fact that the political instability in eastern provinces of current Ukraine escalates every day now. He says that, unfortunately, the whole business situation in Ukraine is not changing for the better. In the same way as before there is no chance for European businessmen to find decent legal defense in this country because of continued corruption and started redistribution of business influence spheres to the benefit of new commanding leaders. In short, it has been absolutely clear to him that there is no sense to develop contacts with Ukrainians as his business will only sustain great losses because of the chaos, prevailed in everything there!  (Apr 9, 2014 | post #1)