25 March 2015

Corruption in Ukraine

Today the government made an open display of what happens to government officials suspected of corruption.

Senior Ukrainian state official Serhiy Bochkovskiy has been arrested during today's session of the Ukrainian Cabinet of Ministers. Bochkovskiy is accused of corruption and embezzlement connected to the procurement of fuels and lubricants for the State Emergency Service. Bochkovskiy's first deputy Vasyl Stoyetskiy was also detained.

See the video in the report here from Ukraine Today.

18 March 2015

UKRAINE TRADING FUND - Now is the time to do business with Ukraine

Ukraine Trading Fund

The Ukraine Trading Fund helps foreign buyers to find goods and services in Ukraine and enter into successful business contracts. We help foreign buyers to:
            1. Source a Ukraine business to supply goods and/or services
            2. Negotiate an agreement
            3. Agree prices and delivery terms
            4. Reduce risk by managing the delivery and payment method

         To discuss your requirements further please contact:
     Gerald Bowers – Director – Ukraine Trading Fund
email: gerald.bowers@bbcu.com.ua

16 March 2015

Ukraine - A clash of two mentalities ?

Andrey Kurkov the famous Ukrainian writer provides a clear insight into the mentalities of the 'two sides' of Ukraine.

People involved in business is a good example explained here:
So what really divides Ukraine?
It’s a clash of two mentalities — the post-Soviet collective mentality, where people lack initiative and are taught to depend on the boss or factory owner for perks. And people who start businesses and take responsibility themselves.
In Donbass (in the east) you won’t find many small businesses. But if you check the register in Lvov, you’ll see tens of thousands.
He makes a good point. On a visit to Lvov in the far west of Ukraine you will find many small businesses. In the service sector many small cafes and restaurants can be found in Lviv (Lvov) and the owner of each business can be found actively working on the premises and greeting customers. This is pretty much like it is across Europe.
But.....even in Kyiv the capital city it is still unusual to find a small business in the service sector where the owner(s) have hands on experience. The situation is at its most extreme in the troubled eastern parts of the country. Very few small businesses and very few people involved in entrepreneurial activities. Some will claim it is due to the fear of the local mafia who want to control as much as possible. We all know that the words mafia and local government can be used together in this part of the country.
Kurkov is right when he explains the 'post soviet collective mentality', where people are fully reliant on the local factory or owners to provide everything for the 'workers'. Many in other parts of Ukraine will gladly comment that ''Those people in the east think we owe them a living''.
On a positive note, small businesses in many parts of Ukraine (owner managed) are desperate to find new customers both local and foreign. We must do all we can to help them.
You can read the Kurkov interview here