US investors have taken over the Olimpex terminal in the port of Odessa after winning a legal battle against investors accused of fraud. The move highlights the challenges of attracting international investment to Ukraine amid war and corruption. The Zelenski government facilitated the takeover of the terminal, which has a capacity of 5 million tons of grain a year, following allegations of fraud over unpaid loans. The victory could improve Ukraine's reputation as an investment destination.
Sources
Americanii preiau un terminal din Odesa, esențial pentru exportul cerealelor. Fondurile de investiții, sprijinite de autoritățile ucrainene
Control american asupra terminalului de cereale Olimpex din Odesa. Un test pentru capacitatea Ucrainei de a proteja investițiile occidentale
Unul dintre cele mai mari terminale de cereale din Ucraina, aflat în portul Odesa, a fost preluat de investitori americani
Unul dintre cele mai mari terminale de cereale din Ucraina, aflat în portul Odesa, a fost preluat de investitori americani
Latest News
23:00
Former German ambassador to Tel Aviv criticizes Israeli colonization in the West Bank: "We need to clarify what we want to say when we rightly affirm that we support Israel."
22:52
Two media groups in the USA have filed a lawsuit against the sale of priority access to Donald Trump's posts on Truth Social, considering the system to be corrupt and unconstitutional.
22:45
SBU announces that Ukrainian forces attacked the Russian naval base at Novorossiisk, destroying three warships. The attack took place on the night from Tuesday to Wednesday.
22:41
A non-profit organization from Berlin has filed a criminal complaint against Meta's smart glasses, accusing them of violating privacy regulations in Germany.
22:32
The Israeli Minister of Defense stated that he will not withdraw from the security zones in Lebanon, Syria, and the Gaza Strip, continuing operations against Hezbollah.
See more news