Friday, December 4, 2009

Doing Business in Ukraine

The below news is a good example of smth that looks good for some businessmen but bad for the country - buying 1400 buses for a one time event looks silly from a country's perspective, but very profitable nevertheless for some businessmen...


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According to the Transport and Communications Ministry estimates, Ukraine needs 1.4 thousand passenger buses for transportation services during the Euro-2012 European Football Championship Finals, 850 of those being large-capacity and 350 medium-capacity buses.


This news is positive for the local bus producers after the Customs Tariff Council has dismissed a proposal to import passenger buses for transportation services during the Euro-2012 European Football Championship Finals. One of them is Bogdan Automobile Plant <>. We do not doubt that the presence of the LUAZ owner Mr. Petro Poroshenko in the Cabinet of Ministers will make it easier for this bus manufacturer to get a significant portion of this State order.

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