The Flagships in Eastern Europe

Total Page:16

File Type:pdf, Size:1020Kb

The Flagships in Eastern Europe The Flagships in Eastern Europe Coface CEE Top 500 October 2010 CREDIT INSURANCE | FACTORING | INFORMATION | RECEIVABLES MANAGEMENT Contents 4 Coface Austria & Coface Central Europe 5 Methodology of the Study 6 CEE Top 500 Executive Summary 8 CEE Top 500 The Top Three Countries 10 CEE Top 500 The Ranking 18 CEE Top 500 Country Comparison: Ranks 4 to 13 26 Coface Contacts IMPRESSUM: Herausgeber: Coface Austria Holding AG, Stubenring 24, 1010 Wien Kontakt: www.coface.at, [email protected] Layout: Alex Bauer Communication Consulting Druck: Edelbacher Druck Ges.m.b.H., Eduardgasse 6, 1180 Wien IMPRINT: Wir haben die Coface CEE Top 500 mit höchster Sorgfalt erstellt. Publisher: Coface Austria Holding AG, Stubenring 24, 1010 Vienna Satz- und Druckfehler können dennoch nicht ausgeschlossen werden. Contact: www.coface.at, [email protected] Layout: Alex Bauer Communication Consulting Aus Gründen der leichteren Lesbarkeit wird auf eine geschlechtsspezifische Printed by: Edelbacher Druck Ges.m.b.H., Eduardgasse 6, 1180 Vienna Differenzierung, wie z.B. Mitarbeiter/Innen, verzichtet. Entsprechende Begriffe gelten im Sinne der Gleichbehandlung für beide Geschlechter. We have prepared the Coface CEE Top 500 with the greatest of care. However, typesetting and printing errors cannot be excluded. Welcome! On the safe road to successful business transactions. Credit insurance and professional risk management have We are well aware of our responsibility as experts. We work formed the core business of Coface ever since its founding. together with our qualified staff to continuously optimise our products and thereby meet the latest challenges of the Decades of experience on national and international markets business environment. as well as an extensive offering for a wide variety of target groups in the credit insurance sector have played a key role The further development of our products and our strategic in this worldwide top positioning. growth in Central and Eastern Europe strengthen not only our know-how but also our skills – and we pass these benefits Our goal is to create a strategic connection between our on to our customers. risk instruments, and use these links to develop specially designed solutions for the entire company lifecycle. Coface is a reliable partner for professional risk manage- ment. We offer a wide range of instruments and integrated Martina Dobringer solutions to pave the way for the success of your business Chairwoman transactions. Coface Austria & Coface Central Europe Coface Austria & Coface Central Europe CREDIT INSURANCE FACTORING INFORMATION RECEIVABLES MANAGEMENT Trend-setting for risk and opportunity management. More than 130,000 companies of all sizes in all branches rely on our services. We would be pleased to accompany you on your road to success. The cornerstone for the success of Coface Austria was laid rience as a source of information on the countries of Central in 1954. Our core expertise over these many decades has and Eastern Europe. remained the insurance of default risk for both domestic and expert receivables. Coface Austria wants to accompany you as a reliable partner and help you to reach a very special goal: your own. Rising export activity, above all to Central and Eastern Europe, has increased the importance of credit insurance, The economic environment is a focal point of continuous information and collection services. This development led to transformation. As the geographical market leader in 13 the founding of Coface Central Europe Holding AG in Vienna Central and Eastern Europe countries and Austria, we are during 1990. in a position to identify changes on the market at an early stage, to react to these changes and to take the necessary Today the customers of Coface Austria and Coface Central measures to always stay a decisive step ahead of future de- Europe are able to profit from more than 50 years of know- velopments. For us, success means remaining on the leading how in the field of credit insurance and 20 years of expe- edge. Our four integrated risk instruments – credit insurance, 4 factoring, information and collection services – make it possible for us to respond to the individual needs of our Methodology customers at any time. Our extensive network of know-how and our dynamic solutions can pave the way for safe and successful transactions. of the Study The proven, comprehensive approach taken by Coface is the compass that points the way. We are the only provider to offer integrated solutions for all aspects of credit risk management, and in this way help you to meet your business goals. Are you looking to increase the security of your business transactions? Coface Credit Insurance: Coface makes sure your busi- ness runs smoothly by helping you to prevent the loss of receivables. Our experts in countries throughout the world analyse the development of economies and companies. The well-known Coface rating systems provide an overview of the risks associated with deliveries and thereby stabilise the flow of goods and services – and if one of your customers becomes insolvent, Coface will provide compensation for up to 80% of the insured receivables. Are you looking to acquire state-of-the-art information? Coface Information: The credit standing of your customers and the reliability of your suppliers are decisive factors for The CEE Top 500 is a joint project by the Coface branch long-term success. Coface provides you with the necessary offices in Central and Eastern Europe. This ranking covers credit information for your business transactions based on the largest companies in the region – based on revenues our unique worldwide database with over 60 million data- for the 2009 calendar year – and was prepared in 2010 sets. for the second time. The study includes the following countries: Are you looking to save time and money? Coface Collection: Fast collection improves liquidity and Bulgaria • Croatia • Czech Republic • Estonia • Hungary safeguards profits. Our experts use their wide-ranging Latvia • Lithuania • Poland • Romania • Serbia • Slovakia expertise to provide you with support on all collectionrelated Slovenia • Ukraine issues. Coface also takes care of the time-consuming collec- tion measures – so you can concentrate on your business. The largest companies in each of the above countries (revenues ≥ EUR 120 million) were identified, whereby Are you looking to stabilise your liquidity? financial service providers such as banks, insurance com- Coface Factoring: Stable liquidity creates the necessary panies, leasing firms and brokers were excluded. In addi- flexibility for entrepreneurial decisions. Coface factoring provi- tion to revenues, the ranking of the CEE Top 500 includes des you with key support through the purchase of customer other key corporate indicators, e.g. profits, the number of receivables and immediate payment for up to 90% of the employees and the respective changes in relation to the outstanding balances. We also carry the risk of default for previous year. insured receivables 5 CEE Top 500 Executive Summary 2 4 Coface CEE Top 500: ESTONIA Number of Top 500 companies per country RUSSIA 7 9 ● 2009 ● 2008 LATVIA 16 18 LITHUANIA 142 161 BELARUS GERMANY POLAND 69 80 66 UKRAINE 43 CZECH REPUBLIC 32 17 SLOVAKIA FRANCE AUSTRIA 83 72 30 MOLDOVA SWITZERLAND 17 HUNGARY 14 17 48 SLOVENIA 17 ITALY ROMANIA CROATIA 6 6 BOSNIA HERZEGOVINA 6 SERBIA 18 MONTENEGRO BULGARIA In 2008 the flagships of Central and Eastern Europe were able to sail against the wind – but in 2009 they were overtaken by the economic crisis. Sharp drop in revenues. GDP growth only in Poland. 2008 was a year of growth for the top players in Central The CEE Top 500 mirrors economic development in the and Eastern Europe, but 2009 brought a 16.6% decline countries of Central and Eastern Europe, where the effects in revenues for the 500 largest companies in the region. of the economic crisis differed in 2009. The largest GDP Profits fell by 27%, or by nearly EUR 7 billion. The econo- decline was recorded by Latvia with -17%, followed closely mic crisis hit the automobile branch particularly hard with by Ukraine (-16%), Lithuania (-15%) and Estonia (-14%). a drop of almost 39% in revenues and the metal industry Economic development was substantially better in Serbia with a minus of 40%. In contrast, the transportation branch (-4%), the Czech Republic (-4.3%) and Slovakia (-4.5%). recorded sound growth – which was reflected in 11 new The only country in Europe to record positive results for entries in the CEE Top 500 ranking. 2009 was Poland, with a further 1.4% increase in GDP. 6 Hungary rallies, Poland number one. Major employers. It is therefore not surprising that Poland again had the A detailed analysis shows the importance of these major largest number of companies in the CEE Top 500 with a corporations for maintaining stability on the labour market total of 142 firms, despite a decline in relation to the previ- in Central and Eastern Europe. Despite a decline in reve- ous year. However, the sound performance of the leading nues, the number of employees in the CEE Top 500 rose companies in Hungary – with 83 firms in the Top 500 listing by 3.5% during the crisis year 2009. Over 2.5 million men – is also of special note. Hungary therefore ranked second and women – or 3.5% of the entire regional workforce – in the country comparison, notwithstanding a sharp drop were employed by one of the top players during the past in GDP during 2009. In contrast, the Czech Republic now year. The comparable figures for Slovenia and Hungary only has 69 companies in the CEE Top 500 and dropped show an impressive 10.1% and 8.9%, respectively, of the to third place in the ranking. Last place on the list is once working population (also see the graph on page 21).
Recommended publications
  • The Future of Ukrainian Oligarchsdownload
    Ukrainian Institute for the Future is an independent analytical center that: • forecasts changes and models possible scenarios for events in Ukraine; • makes a competent assessment of the Ukrainian events; • makes specific recommendations for actions; • offers effective solutions; • offers a platform for discussions on current topics. It is a project of representatives of Ukrainian business, politics and the public sector. Founded in summer 2016. AUTHORS Victor Andrusiv Executive Director of the Ukrainian Institute for the Future, PhD in Political Science, analyst and opinion journalist, author of the book “Change the future” Oleg Ustenko Executive Director of the Bleyzer Foundation, President of Harvard Club of Ukraine alumni association Yurii Romanenko Co-founder of the Ukrainian Institute for the Future, head of the International and Domestic Policy programme, editor-in-chief of the portal Hvylya Ihar Tyshkevich Expert of International and Domestic Politics programme of the Ukrainian Institute for the Future (UIF) © Art-direction D!VANDESIGN © Idea and design INCOGNITA INTRODUCTION. THE BRITISH DISEASE IN UKRAINE Content 05 THEORY AND STRUCTURE OF THE UKRAINIAN OLIGARCHY 06 INFLUENCE OVER ENERGY INDUSTRY 14 INFLUENCE OVER METALLURGY 26 INFLUENCE OVER TRANSPORT INFRASTRUCTURE 38 INFLUENCE OVER MEDIA 50 INFLUENCE OVER POLITICS 62 THREE SCENARIOS FOR THE FUTURE OF THE OLIGARCHS 72 Victor Andrusiv Executive Director of the Ukrainian Institute for the Future, PhD in Political Science, analyst and opinion journalist, author of the book “Change the future” Introduction: the British disease in Ukraine After the fall of the Soviet Union, the starting conditions for economic development in Ukraine were advanta- geous. However, after 27 years of independence, we continue to be the most backward country of the post-Sovi- et bloc.
    [Show full text]
  • R Е F Е R Е N C E - L I S Т
    Kharkov, Ukraine State Enterprise “Ukrainian Research and Technology Center of metallurgy industry “Energostal” 9, Nauki Ave., Kharkov 61166, Ukraine. Tel. +380 57 702-17-31, fax +380 57 702-17-32 E-mail: energоstаl@energоstаl.khаrkоv.uа www.energоstаl.kharkov.ua R Е F Е R Е N C E - L I S Т OF SOME DEVELOPMENTS OF SE «UКRRTC «ENERGOSTAL» IN THE LAST 10 YEARS Kharkov – 2016 9, Nauki Av., Kharkov 61166, Ukraine, www.energostal.kharkov.ua 2 TABLE OF CONTENTS Page PREFACE .................................................................................................................................. 3 1. Complex Design Support Works For The Creation And Reconstruction Of Metallurgical And Machine-Building Enterprises ....................................................................................................................4 Sinter Production ................................................................................................................................................ 6 Blast-Furnace Production .................................................................................................................................. 7 Steelmaking ....................................................................................................................................................... 11 Rolling-mill Production ..................................................................................................................................... 15 Ferroalloy Production ......................................................................................................................................
    [Show full text]
  • Coface CEE Top 500
    Coface CEE Top 500 SEPTEMBER 2010 CREDIT INSURANCE | FACTORING | INFORMATION | RECEIVABLES MANAGEMENT mployment % Position 2009 Change 2008 Position Country Company Name Main Sector Turnover 2009 TEUR Turnover 2008 TEUR Change % Turnover Net Profit 2009 TEUR Net Profit 2008 TEUR Change Net Profit % 2009 Employment 2008 Employment Change E 1 1 PL Polski Koncern Naftowy ORLEN S.A. * Oil & Gas 15.697.546 22.616.512 -30,59 300.457 -718.485 141,82 22.535 22.955 -1,83 2 2 HU MOL Magyar Olaj- és Gázipari NYRt.* Oil & Gas 11.911.224 13.350.736 -10,78 386.390 533.364 -27,56 5.614 5.681 -1,18 3 4 UA NAFTOGAZ OF UKRAINE Oil & Gas 6.610.189 6.450.955 2,47 199.624 1.487.732 -86,58 682 578 17,99 4 3 CZ ŠKODA AUTO a.s. Automotive 6.448.744 7.002.302 -7,91 129.945 418.381 -68,94 22.831 25.331 -9,87 5 5 PL PGE Polska Grupa Energetyczna S.A. * Electricity 4.996.961 5.519.168 -9,46 1.002.293 759.326 32,00 46.357 6 15 PL FIAT AUTO POLAND S.A. Automotive 4.517.751 4.300.829 5,04 189.592 88.726 113,68 6.480 6.102 6,19 7 13 CZ CEZ,ˇ a. s. Electricity 4.504.251 4.067.137 10,75 1.716.493 1.749.647 -1,89 6.218 6.472 -3,92 8 8 PL Polskie Górnictwo Naftowe i Gazownictwo S.A.
    [Show full text]
  • Metinvest B.V
    JOB TITLE MetInvest OM REVISION 9 SERIAL <12345678> DATE / TIME Friday, February 11, 2011 9:13 PM JOB NUMBER 44408 TYPE Clean PAGE NO. 2 OPERATOR PM7 BASE OFFERING MEMORANDUM – LISTING PARTICULARS Dated 11 February 2011 Metinvest B.V. (incorporated in The Netherlands with limited liability) U.S.$1,000,000,000 Guaranteed Medium Term Note Programme guaranteed on a joint and several basis by the Guarantors named herein (each incorporated in Ukraine with limited liability) Under the Guaranteed Medium Term Note Programme described in this Offering Memorandum (the “Programme”), Metinvest B.V. (the “Issuer”), subject to compliance with all relevant laws, regulations and directives, may from time to time issue Guaranteed Medium Term Notes (the “Notes”). The initial guarantors named herein (the “Initial Guarantors”) have unconditionally and irrevocably guaranteed on a joint and several basis (the “Initial Guarantees”) the due and punctual payment of all amounts becoming due and payable in respect of the Notes pursuant to, and in accordance with, a surety agreement (the “Surety Agreement”) to be dated 11 February 2011 between the Issuer, the Initial Guarantors and BNY Corporate Trustee Services Limited in its capacity as trustee (the “Trustee”). The Notes will be constituted by a trust deed to be dated 11 February 2011 between the Issuer, the Initial Guarantors and the Trustee (the “Trust Deed”). The aggregate nominal amount of Notes outstanding will not at any time exceed U.S.$1,000,000,000 (or the equivalent in other currencies). The Issuer will,
    [Show full text]
  • Ihor Kolomoisky, Riding Political Victory, Sets Sights on Privatbank Privat Group 30 May 2019
    Shareholder Profile: Ihor Kolomoisky, riding political victory, sets sights on PrivatBank Privat Group 30 May 2019 CONTENTS PAGE SHAREHOLDER-RELATED RISK (see Risk Factors for details) HISTORY 2 HISTORY 3 SHAREHOLDINGS 3 SHAREHOLDINGS 4 Political Risk: High Kolomoisky had a number of disputes with AFFILIATIONS 4 AFFILIATIONS 7 Political the government during the Poroshenko RISK FACTORS 5 RISK FACTORS 9 exposure and administration, and lived outside the DEBTWIRE COVERAGE 6 DEBTWIRE COVERAGE 12 government country for two years before returning this relations month. Newly inaugurated president Ihor Kolomoisky and his partners control oil-and-gas, metals, airline and Zelensky is viewed as being more media companies collectively known as Privat Group. sympathetic toward Kolomoisky. PrivatBank has been attempting to recoup Kolomoisky and his partners owned PrivatBank, Ukraine’s largest billions of USD allegedly stolen by its commercial lender, until it was declared insolvent by the government and former owners. Kolomoisky may also face nationalized in 2016. The nationalization included a bail-in of USD 555m in international bonds. Last month, a Kyiv court ruled the nationalization risks from US policy. Trump lawyer Rudy unlawful, and an appeal is planned. See Debtwire’s Credit Report. Giuliani reportedly said this month that Zelensky must distance himself from Volodymyr Zelensky’s victory in last month’s presidential election may “criminal oligarchs” including Kolomoisky. benefit Kolomoisky, who is widely seen as having backed the comedian’s campaign. Zelensky’s shows are broadcast on Kolomoisky’s Studiya 1+1. Succession Low Kolomoisky’s partner Gennadiy Risk: Bogolyubov appears to be the most likely Transfer of successor as leader of Privat Group.
    [Show full text]
  • Mining of Mineral Deposits National Mining University ISSN 2415-3443 (Online) | ISSN 2415-3435 (Print)
    Mining of Mineral Deposits National Mining University ISSN 2415-3443 (Online) | ISSN 2415-3435 (Print) Founded in DNIPRO UNIVERSITY Journal homepage http://mining.in.ua 1900 of TECHNOLOGY Volume 13 (2019), Issue 1, pp. 24-38 1899 UDC 622.013:553.041 https://doi.org/10.33271/mining13.01.024 REVIEW OF MAN-MADE MINERAL FORMATIONS ACCUMULATION AND PROSPECTS OF THEIR DEVELOPING IN MINING INDUSTRIAL REGIONS IN UKRAINE M. Petlovanyi1*, O. Kuzmenko1, V. Lozynskyi1, V. Popovych2, K. Sai1, P. Saik1 1Dnipro University of Technology, Dnipro, Ukraine 2Lviv State University of Life Safety, Lviv, Ukraine *Corresponding author: e-mail [email protected], tel. +380963194577 ABSTRACT Purpose. Analysis of the man-made mineral formations of ore mining and smelting, fuel and energy complexes deve- lopment accumulation, location and prospects amount in the Dnipropetrovsk region. Methods. Comprehensive approach, including analysis of state statistics, waste handling sites (WHSs), regional envi- ronmental report, environmental passport of the region, as well as data from other information sources is used in the work. Aerial photographs of man-made formations were obtained using the Google Earth 7.1.8 satellite program. Findings. The analysis of the main man-made mineral formations of ore mining and smelting, fuel and energy com- plexes accumulation in Ukraine (coal and mining industry waste heaps, tailing dumps, ash dumps, smelter slag dumps) was conducted, their amount and occupied areas were estimated. According to the densest location of man-made for- mations, they are divided into 4 regions: the Prydniprovsk region, the Kryvyi Rih region, the Nikopol region, the Pav- lohrad region. According to information sources, the content of some valuable components in man-made formations has been established.
    [Show full text]
  • The Flagships in Eastern Europe
    The Flagships in Eastern Europe COFACE CEE TOP 500 2012 Contents 4 Coface Austria & Coface Central Europe 5 Methodology of the Study 6 CEE Top 500 Executive Summary 8 Business at its Best: the Top 3 10 CEE Top 500 The Ranking 18 CEE Top 500 Country comparison: Places 4 to 13 26 Coface Contacts IMPRINT: Publisher: Coface SA Niederlassung Austria, Stubenring 24, 1010 Vienna Contact: www.coface.at, [email protected] Layout: Alex Bauer Communication Consulting We have prepared the Coface CEE Top 500 with the greatest of care. However, typesetting and printing errors cannot be excluded. Welcome! Security needs an overview. This is the fourth time that we have been able to give you an Our experts analyse all industries and 157 countries of the overview of the 500 biggest companies in Central and world in order to evaluate the credit risks of each company as Eastern Europe with this brochure. In doing so, we hope to accurately as possible. This enables us to offer you tailored offer you interesting insights into the economic situation and credit insurance with which you can minimise the risks to your further development of the CEE region – which is far from bottom line. being as homogeneous as it might appear when viewed from the outside. Forty-five percent of the 500 biggest companies in the world take advantage of this opportunity. Because certainty in eco- Central and Eastern Europe is not the only place where it is nomically uncertain times is especially valuable. important to be able to correctly estimate a market’s risks.
    [Show full text]
  • Ukrainian Iron & Steel Industry in Figures 2020
    Ukrainian Iron & Steel Industry in Figures 2020 СONTENTS INTRODUCTION 4 IMPACT OF IRON&STEEL INDUSTRY OF UKRAINE 5 UKRAINIAN IRON & STEEL INDUSTRY MAP 6-7 STEEL PRODUCTION: 8-11 By process By company By product INTERNATIONAL TRADE: 12-16 Steel export by product Steel export by country Steel import by product Steel import by country STEEL CONSUMPTION: 17-19 By product By sector RAW MATERIALS: 20-23 Iron ore Coke Scrap Ferroalloys TOP 10 FACTS ABOUT UKRAINIAN IRON & STEEL INDUSTRY 24 WHY EAF STEEL PRODUCTION IS POORLY DEVELOPED IN UKRAINE 25 gmk.center ⁄ 3 ІNTRODUCTION Ladies and gentlemen, GMK Center published another annual analytical report on Ukraine’s steel industry, Ukrainian Iron & Steel in Figures 2020. It is a complex product which contains minimum text and maximum information on operations of Ukrainian steel companies and entire supply chain. This document provides insight into the role that Ukraine plays in the global value chain, and into the changes which took place over the past year. And changes did take place, since the global steel industry is undergoing a number of challenges and transformations. The last year was a tough time for the domestic steel industry because there was a number of internal economic challenges and weak markets in H2 2019. Understanding local specifics enables us to go deeper into the matters and have a closer look at the reasons and consequences, and make reasonable forecasts. This document will tell you: • How the presidential election influenced steel consumption in Ukraine’s domestic market. • What changes steel exports from Ukraine underwent Understanding local specifics after the EU and MENA had applied a number of safeguard enables us to go deeper measures.
    [Show full text]
  • Slag Waste of Metallurgical Production. Environmental and Economic Justification of Their Use in Industry in Ukraine
    POLITYKA ENERGETYCZNA – ENERGY POLICY JOURNAL 2021 Volume 24 Issue 1 169–182 DOI: 10.33223/epj/131205 Yuri Zakharovich Drachuk1, Elena Stalinskaya2, Elizaveta Snitko3, Evgeniya Zavgorodnyaya4, Monika Jaworska5, Larisa Savyuk6, Dmitry Cheylyakh7 Slag waste of metallurgical production. Environmental and economic justification of their use in industry in Ukraine Abstract: The relevance of the study is due to the need to identify the problems, features and consequen- ces of strategic transformations in the metallurgical industry of Ukraine in the context of reviewing the circular process of organization of the economy, where the blast furnace, open-hearth and rol- Corresponding Author: Yuri Zakharovich Drachuk; e-mail: [email protected] 1 Institute of Economics Industry of the National Academy of Sciences of Ukraine, Kiev, Ukraine; ORCID iD: 0000-0003-3858-6548; e-mail: [email protected] 2 Department of International Economic Relations, Vasyl Stefanyk Precarpathian National University, Ukraine; ORCID iD: 0000-0001-8944-6102; e-mail: [email protected] 3 Department of Management, Lugansk National Taras Shevchenko University, Ukraine; ORCID iD: 0000-0003- -3583-6900; e-mail: [email protected] 4 Department of Management, Lugansk National Taras Shevchenko University, Ukraine; ORCID iD: 0000-0001- -5197-2385; e-mail: [email protected] 5 Akademia Humanistyczno-Ekonomiczna w Łodzi. APEIRON Wyższa Szkoła Bezpieczeństwa Publicznego i Indywidualnego w Krakowie, Poland; ORCID iD: 0000-0003-3887-294X; e-mail: [email protected] 6 Ivano-Frankivsk Legal Institute of Odessa National Law Academy, Ukraine; e-mail: [email protected] 7 Institute of Industrial Economics of the National Academy of Sciences of Ukraine, Ukraine; ORCID iD: 0000- -0002-8638-1443; e-mail: [email protected] © 2021.
    [Show full text]
  • The Ukrainian Weekly 2005, No.38
    www.ukrweekly.com INSIDE: • Analyses of the latest developments in Ukraine — pages 2-3. • Celebrations of Ukrainian Independence Day — pages 10-11. • Youth Leadership Program conducted in Ukraine — page 13. Published by the Ukrainian National Association Inc., a fraternal non-profit association Vol. LXXIII HE No.KRAINIAN 38 THE UKRAINIAN WEEKLY SUNDAY, SEPTEMBER 18, 2005 EEKLY$1/$2 in Ukraine ReliefT officials outragedU at U.N. report Yushchenko promisesW new government downplaying Chornobyl disaster’s toll focused on economic stability, pragmatism by Andrew Nynka letter submitted to The New York Times. The U.N. report was published by NEW YORK – Nearly two decades Chernobyl Forum and released on after the nuclear disaster at Chornobyl September 5 during a meeting of the spewed a lethal cloud of radiation over forum at the International Atomic Energy Ukraine, Belarus and Russia, a United Agency’s headquarters in Vienna. Nations report now says the actual death The forum, created in 2003 to address toll from the accident is far less than had the nuclear fallout from the 1986 Chornobyl been previously reported. disaster, comprises eight U.N. agencies – Outraged by the report, longtime including the International Atomic Energy Chornobyl aid workers and relief organi- Agency (IAEA) and the World Health zations have since strongly criticized the Organization (WHO) – and the govern- 600-page document, questioning the cred- ments of Belarus, Russia and Ukraine. ibility and motivation of its authors, and The report said that people who lived calling its conclusions doubtful at best. in contaminated territories have “died of The report, titled “Chernobyl’s [sic] diverse natural causes that cannot be Legacy: Health, Environmental and attributed to radiation.
    [Show full text]
  • Coversheet for Thesis in Sussex Research Online
    A University of Sussex DPhil thesis Available online via Sussex Research Online: http://sro.sussex.ac.uk/ This thesis is protected by copyright which belongs to the author. This thesis cannot be reproduced or quoted extensively from without first obtaining permission in writing from the Author The content must not be changed in any way or sold commercially in any format or medium without the formal permission of the Author When referring to this work, full bibliographic details including the author, title, awarding institution and date of the thesis must be given Please visit Sussex Research Online for more information and further details Capitalist bloc formation, transnationalisation of the state and the transnational capitalist class in post-1991 Ukraine Yuliya Yurchenko Submitted for the Degree of Doctor of Philosophy in International Relations University of Sussex, April 2013 ii I hereby declare that this thesis has not been submitted either in the same or different form, to any other university for a degree. Signature ………………………… iii Summary This thesis uses transnational historical materialist theory and methodology to explicate the transformation of Ukraine's economy after the demise of the USSR, examining specifically the period from 1991 to the present. Thus, the thesis explores the ways in which the formation of the capitalist historic bloc, the ascent and agency of Ukraine's capitalist and ruling class(es), and the agency of transnational capital are the driving forces behind that transformation and its socially destabilising nature. Social agency is one critical issue in this argument, in that as this thesis shows the main reason behind the inability to stabilise the social order in Ukraine is the ongoing rivalry in the process of class formation.
    [Show full text]
  • Corporate Raiding in Ukraine: Causes, Methods and Consequences Matthew A
    CORPORATE RAIDING IN UKRAINE: CAUSES, METHODS AND CONSEQUENCES MATTHEW A. ROJANSKY KENNAN INSTITUTE Abstract: Corporate raiding in Ukraine is a widely discussed and reported problem that severely damages investment and economic development, prospects for European integration, and the welfare of ordinary people. Yet the phenomenon of raiding itself is only poorly understood, often either dismissed as inseparable from the country’s broader problem of endemic corruption, or imputed to powerful and shadowy raiders thought to be immune from defensive measures by private businesses. The author’s field research in Ukraine sheds light on the history, causes and methodologies of raiding, as well as on the costs and consequences of raiding for Ukraine’s further development. ormer U.S. Ambassador to Ukraine John Tefft is fond of emphasiz- Fing Ukraine’s great potential: its large size, location at a strategic crossroads, diverse resource base, and its large, well-educated, entrepre- neurial population, to name just a few of Ukraine’s advantages.1 Yet the Ambassador is also quick to point out that this potential has remained 1 I am grateful to the International Research and Exchange Council (IREX), which placed me as an Embassy Policy Specialist (EPS) fellow with the economic section of the U.S. Embassy in Kyiv. I am also grateful to Ambassador John Tefft, Deputy Chief of Mission Eric Schultz, and the entire embassy staff, especially Elizabeth Horst of the economic section, who served as my primary point of contact with the embassy. Without their help and support in Ukraine, this research project would not have been possible.
    [Show full text]