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vol. 15, issue 51

December 17, 2010

Rich Man In A Poor Country Rinat & the rest With a fortune approaching $24 billion, Donetsk industrial titan Rinat Akhmetov has pulled away from the pack in Dragon Capital investment bank’s latest rankings of the nation’s 50 richest Ukrainians. The elite list, meanwhile, keeps pulling away from the rest of Ukraine’s 46 million citizens, about one-third of whom are economically destitute and desperate. Many see the wealth disparities as unhealthy for the nation’s future, especially since many of these fortunes came from acquiring Soviet assets rather than creating new wealth.

188,000,000,000 Nation’s 50 richest have banner year

BY MA R K R AC H K E VYC H RACHKEVYCH@KYIVPOST.COM

The good times are back for Ukraine’s richest, after the country’s top 50 saw their collective net worth jump by 57 percent compared to last year’s crisishit group.

Added up, Ukraine’s richest 50 had a combined net worth of $67 bil-

Inside: 234-6500: Kyiv Post main number

lion – slightly less than half of the nation’s estimated 2010 gross domestic product.

The 2010 rich list, compiled by leading Kyiv investment bank Dragon Capital, found that one man has soared through the crisis better than anyone else, and now stands above all others in terms of wealth – industrial titan Rinat Akhmetov. Æ5

INSIDE: • Prosecutors open criminal probe against Tymoshenko.

Page 2 • Violence breaks out in parliament.

Page 2 • Top 50 richest Ukrainians.

Page 5 • Tour a Christmas ornament factory. Page 19

News Æ 2

Ukraine’s Richest Æ 5 – 18

Opinion Æ 4

Lifestyle Æ 19 – 29, 32

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Food titans move up on richest list, joining steel barons, bankers KY I V PO ST STA FF

While the names at the very top of Ukraine’s rich list hardly seem different from year to year, changes do happen – new names appear, others drop off, wild swings in net worth take place.

If before the global economic crisis

being rich in Ukraine meant you had to own steel mills, banks or develop real estate, now the main path to riches appears to lie in the country’s fertile soil, with agriculture leaders moving swiftly up the table.

The crisis hit global demand for steel and Ukraine’s burgeoning middle Æ5

Employment/Real Estate/ Classifieds Æ 30 – 31 234-6503: subscriptions subscribe@kyivpost.com

51

2 News

DECEMBER 17, 2010

December 17, 2010

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Vol. 15, Issue 51 Copyright © 2010

by Kyiv Post The material published in the Kyiv Post may not be reproduced without the written consent of the publisher. All material in the Kyiv Post is protected by Ukrainian and international laws.

The views expressed in the Kyiv Post are not necessarily the views of the publisher nor does the publisher carry any responsibility for those views. Газета “Kyiv Post” видається ТОВ “ПаблікМедіа”.

Щотижневий

наклад

25,000

прим. Ціна за домовленістю. Матерiали, надрукованi в газетi “Kyiv Post” є власнiстю видавництва, захищенi мiжнародним та українським законодавством i не можуть бути вiдтворенi у будь(якiй формi без письмового дозволу Видавця. Думки, висловленi у дописах не завжди збiгаються з поглядами ви-

Prosecutors launch probe of Tymoshenko, arrest her environment minister Prosecutors on Dec. 15 opened a criminal case against former Prime Minister Yulia Tymoshenko for alleged misuse of public funds and abuse of power.

The prosecutor’s press service also said Tymoshenko signed a promise not to leave the country. Tymoshenko called the criminal case against her the “continuation of a well-coordinated terror campaign against the opposition.”

Meanwhile, law enforcement agencies also detained former environment minister Heorhiy Filipchuk, who is being investigated over alleged abuse of office, the state prosecutor’s office said on Dec. 15.

Filipchuk is the third minister from the Tymoshenko government to face crimi-

Yulia Tymoshenko near prosecutors office in Kyiv on Dec. 15.

(Oleksandr Prokopenko)

nal charges since her opponent Viktor Yanukovych came to power in February.

His detention followed an audit into the previous cabinet’s affairs ordered by Yanukovich’s allies which they say has revealed misuse of funds obtained from selling carbon emission rights under the Kyoto protocol.

Prosecutors this month charged former Interior Minister Yuriy Lutsenko with abuse of office. Tymoshenko’s economy minister Bohdan Danylyshyn was detained in the Czech Republic in October on similar charges.

Tymoshenko has to appear again before prosecutors on Dec. 20, this time with a lawyer.

давця, який не бере на себе вiдповiдальнiсть за наслiдки публiкацiй.

Coal producer raises $30.3 million

Засновник ТОВ “Паблік-Медіа” Головний редактор Брайан Боннер Адреса видавця та засновника співпадають: Україна, м. Київ, 01034, вул. Прорізна, 22Б Реєстрацiйне свiдоцтво Кв № 15261(3833ПР від 19.06.09. Передплатний індекс ДП Преса 40528 Надруковано ТОВ «Новий друк», 02660, Київ, вулиця Магнітогорська, 1, тел.: 559-9147 Замовлення № 10-7006 Аудиторське обслуговування

On Dec. 10, Sadovaya Group became the first Ukrainian coal producer to hold a foreign public share offering.

It raised $30.4 million on the Warsaw stock exchange selling 10.8 million shares, or 25 percent in the company, for 8.6 zloty ($2.88) apiece.

Sadovaya, Ukraine’s fourth-largest private energy coal mining company plans to use the proceeds to pay for equipment, two coal-enrichment plants and licenses to expand output,

co-owner Oleksandr Tolstoukhov said Dec. 1.

The demand for thermal coal is driven globally by the growing economies of China and India and domestically as Ukraine plans to take several of its older atomic power stations offline over the next few years and raise electricity prices for the population in 2011.

“Sadovaya’s IPO puts the company in a great position to capitalize on this demand as this financing will

allow the company to expand its operations,” said Nick Piazza, head of BG Capital, the Kyiv investment bank that managed Sadovaya’s sale.

“Moreover Sadovaya’s position as the first ever public traded coal mine in Ukraine is likely not only to help the company attract further financing down the road for growth but very likely could mark the beginning of a huge wave of international public investment into Ukraine’s coal sector.”

ТОВ АФ “ОЛГА Аудит”

Deputies hospitalized

Mailing address: 01034, Kyiv,

Five lawmakers from opposition leader Yulia Tymoshenko’s bloc were hospitalized after a fight in parliament on Dec. 16.

The opposition deputies had blocked parliament in protest at the opening of a criminal case against Tymoshenko on Dec. 15. One lawmaker received a broken hand, another a broken jaw, and three others concussions as pro-presidential lawmakers stormed the podium and forced the opposition out of the hall.

Tymoshenko is accused of the misuse of funds during her stint as prime minister in 2009, which she denies.

22B Prorizna Street Kyiv Post main number: 234-6500 Advertising: 234-6503 Subscriptions: 234-6503 Newsroom: 234-6300, 234-6310 Fax/Tel.: 234-3062 http://www.kyivpost.com Editorial queries: news@kyivpost.com letters@kyivpost.com Subscription queries: subscribe@kyivpost.com Advertising queries: advertising@kyivpost.com З приводу розмiщення реклами звертайтесь 234-6503 Відповідальність за зміст реклами

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Yanukovych to slim ranks of government On Dec. 9, President Viktor Yanukovych introduced the first stage of his government streamlining plan by cutting its size.

According to the president’s website, six types of central executive agencies were defined: ministries, services, inspections, agencies, independent regulators and special status agencies.

Sixty-three executive agencies were established altogether, down from 112.

The number of cabinet members will be reduced from 36 to 17. The number of cabinet employees will be halved from the current 1,174. It is not clear how much – if any money – these moves will make.

“It appears Yanukovych took the route long advocated for by the European Union,” said Yuriy Yakymenko, director of political and legal programs at the Razumkov Center. “Government bodies will operate based on a triad in which public administration transitions from sectoral to functional principles: the ministries engage in policies, agencies engage in the economy, and inspection agencies and other services engage in monitoring and control.”

Yakymenko added: “This is what (former) presidents Leonid Kuchma and Viktor Yushchenko tried doing. Will the triad succeed with the current president is another question and no one can envisage this.”

A November Razumkov nationwide survey showed that only 13.2 percent of respondents fully support the government while 45 percent stated they didn’t.

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3

December 17, 2010 Advertisement

European Business Association News

*O 'PDVT

,EADERS 4ALK Leaders Talk: Doing Business in Ukraine in 2011.

7

E CONTINUE ASKING THE LEADERS LAW IS BEING DEVELOPED AND ) HOPE IT WILL MAKE THE OF %"! MEMBER COMPANIES ABOUT DOMESTIC )4 INDUSTRY MORE COMPETITIVE ON THE MARKET THEIR VIEWS AND OPINIONS ON BUSI AND WILL STIMULATE INVESTMENT INFLOWS NESS AND ECONOMY DEVELOPMENTS IN 5KRAINE IN

8IBU BSF ZPVS GPSFDBTUT GPS EPJOH CVTJ† OFTT JO 6LSBJOF JO

TERRY Pickard, 'ROUP #HAIRMAN

.!) 0ICKARD

ANDRIY Pavlyk, 'ENERAL -ANAGER

+NAUF )NSULATION 5KRAINE

o )F ) KNEW WHAT THE FUTURE WILL BRING ) WOULD PROBABLY BE A MULTI BILLIONAIRE LIVING IN "ERMUDA 3O LIKE EVERYONE ELSE ) REPLY ON INDICATIONS THEREFORE IF ) COMPARE $ECEMBER WITH $ECEMBER LOOKS o !LTHOUGH OUR COMPANY OPERATES ON ONE OF THE CONSIDERABLY BRIGHTER FOR THE REAL ESTATE INDUSTRY 2ENTAL LEVELS ACROSS ALL SECTORS ARE STABILIZING TOUGHEST MARKETS CONSTRUCTION SECTOR WE REMAIN WITH RETAIL RENTAL RATES ACTUALLY ON THE INCREASE !ND OPTIMISTIC (OWEVER WE WOULD RATHER AGREE WITH THOSE WHO GIVE MODERATE FORECASTS FOR AS THE WHEREAS WE ENTERED THE YEAR WITH VIRTUALLY SECTOR IS HIGHLY DEPENDENT ON THE 'OVERNMENTAL NO BUSINESS LINED UP FOR THE NEW YEAR IS LOOK REGULATIONS !MONG THE POSITIVE CHANGES WE EXPECT ING QUITE POSITIVE WITH OUR VALUATION SERVICE SECTOR ADOPTION OF THE LAW m/N REGULATION OF TOWN GROWING RAPIDLY NEW SHOPPING CENTRE LEASING AND PLANNING ACTIVITYn THAT WOULD SIMPLIFY THE PERMIT MANAGEMENT CONTRACTS SIGNED OR UNDER NEGOTIATIONS TING PROCEDURES REQUIRED TO START THE CONSTRUCTION AND THREE MAJOR ACQUISITION DEALS IN PROCESS 3O IF WORKS !LSO SOME PROVISIONS OF THE NEW 4AX #ODE CONTINUES AS IT IS STARTING IT SHOULD BE A GOOD ENVISAGE INCENTIVES FOR THE INDUSTRIAL DEVELOPMENT YEAR FOR THE REAL ESTATE SECTOR /N THE OTHER HAND WE ARE CONCERNED ABOUT THE FACT THAT TAX PRESSURE IS STRENGTHENING ESPECIALLY ON THE SIDE OF THE 4AX !UTHORITIES 3UCH TENDENCY ANDREW R. Mac, RAISES CONCERNS OF POTENTIAL INVESTORS AND DEFI NITELY DO NOT MOTIVATE BUSINESSES TO DEVELOP -ANAGING 0ARTNER

-AGISTERS !PART FROM THESE IN THE VIEW OF LIMITATIONS OF ENERGY RESOURCES SUPPLY AND RISE OF PRICES FOR THEM THE ISSUE OF THERMAL MODERNIZATION OF EXIST ING BUILDINGS IN ACCORDANCE WITH THE HIGH ENERGY o #AUTIOUS OPTIMISM p THE OVERALL PICTURE LOOKS EFFICIENCY STANDARDS HAS BECOME HIGH ON THE AGENDA AND WE SEE BIG POTENTIAL IN THIS MARKET BETTER THAN LAST YEAR 7E HAVE SEEN A SLIGHTLY BUT SEGMENT !LTHOUGH WE REALIZE THAT IT WOULD REQUIRE NOTICEABLY IMPROVED MARKET FOR OUR SERVICES OVER THE CONSIDERABLE EFFORTS

BY BOTH THE 'OVERNMENT LAST SIX MONTHS AND OUR PIPELINE FOR THE BEGINNING OF AND BUSINESS TO RAISE PUBLIC AWARENESS INTRODUCE IS QUITE DYNAMIC AND VIBRANT COMPARED YEAR REGULATORY CHANGES AND DEVELOP THE PROJECT IMPLE TO YEAR )T APPEARS THAT FOR THE FIRST TIME IN QUITE A FEW YEARS THERE WILL BE POLITICAL STABILITY (ENCE THE MENTATION MECHANISMS ) ALSO BELIEVE THAT IMPLEMENTATION OF THE INFRA GLOBAL ECONOMY IS A KEY VARIABLE AND BARRING ANY STRUCTURAL PROJECTS FOR THE %URO FOOTBALL NEW FINANCIAL OR REGIONAL CRISIS WE HOPE TO SEE A CHAMPIONSHIP WOULD FACILITATE THE CONSTRUCTION SHARP INCREASE IN %UROPEAN AND !MERICAN STRATEGIC SECTOR DEVELOPMENTS AND CONTRIBUTE TO POSITIVE FOREIGN DIRECT INVESTMENT +EY SECTORS FOR GROWTH IN OUR OPINION WILL BE IN AGRICULTURE ALTERNATIVE ENERGY CHANGES IN THE 5KRAINIAN ECONOMY AND BANKING FINANCIAL SERVICES TOWARDS THE LATTER HALF OF EDUARD Rubin, #%/ 4ELESENS )NTERNATIONAL ,TD

o 4HE .EW 4AX #ODE INTRODUCES A TENDENCY TOWARDS PRIORITIZING OF THE LARGE AND PRIMARILY EXPORT ORIENTED BUSINESSES 4HIS TENDENCY WILL BE REFLECTED IN THE NEXT YEAR BUDGET !S OF TODAY OUR COUNTRY HAS NEGATIVE FOREIGN TRADE BALANCE AND THE STATE NEEDS AN INFLOW OF FOREIGN CURRENCY INTO THE ECONOMY 4HE INEQUALITY IN TAXATION PRESUPPOSED

BY THE #ODE WILL RESULT IN DIFFERENT DEVELOPMENT RATES OF THE VARIOUS SECTORS OF ECONOMY /NE CAN ARGUE FOR A LONG TIME WHETHER IT IS GOOD OR BAD BUT IT IS OBVIOUS THAT A WELL ARTICULATED INDUSTRIAL AND TRADE POLICY IS BEING FORMED IN 5KRAINE &OR US AS FOR THE REPRESENTATIVES OF THE )4 INDUSTRY IT IS IMPORTANT THAT THE 4AX #ODE DOES NOT DETERIORATE THE EXISTING CONDITIONS OF OUR BUSINESS AND THE INDUSTRY GETS A FINANCIAL CARTE BLANCHE

www.eba.com.ua

SERGEY Izdebsky, #OUNTRY -ANAGER

!%#/- 5KRAINE

o 5KRAINE HAS BEEN GOING THROUGH ROUGH TIMES FOR THE LAST TWO YEARS BUT WE WOULD EXPECT A REASON ABLE RECOVERY BY #ONSIDERING THE TYPICAL LIFETIME OF THE REAL ESTATE DEVELOPMENT WE BELIEVE THAT THE YEAR OF IS A RIGHT TIME TO LOOK AT THE POTENTIAL INVESTMENT OPPORTUNITIES MORE CLOSELY IN ORDER TO HAVE CONSTRUCTION OBJECTS READY ON THE MARKET BY

)N TERMS OF FINANCING WE THINK THAT SINCE BANKS ARE CURRENTLY MANAGING SIGNIFICANT CONSTRUCTION LOAN PORTFOLIOS SOME OF WHICH ARE STILL NOT RELIABLE THEY WILL BE LOOKING FOR THE TRUSTED LENDERS AND GOOD PROJECTS WITH REASONABLE MARKET STRATEGIES WHICH CAN PROVIDE STABLE CASH FLOWS /VERALL THE TREND SHOWS

THAT THERE IS FINANCING AVAILABLE FOR THE PROPERLY POSITIONED PROFESSIONALLY DEVELOPED AND MANAGED 4HE STATE HAS BEEN CONVINCED THAT OUR INDUSTRY REAL ESTATE CONSTRUCTION PROJECTS AND THE FINANCIAL IS HIGHLY EFFECTIVE WITHOUT ANY BUDGET INVESTMENT SEGMENT IS GETTING MORE POSITIVE AS 5KRAINE PROVES WHILE IT BRINGS TO THE STATE BILLION DOLLARS OF TO BE MORE RESILIENT TO THE GLOBAL FINANCIAL CRISIS EXPORT ANNUAL INFLOW #URRENTLY A NEW SPECIAL

State Market Surveillance to be Introduced

O

n December 02, 2010, the Parliament adopted the Law of Ukraine “On the State Market Surveillance and Non-Food Products Control�, which was initiated by the President of Ukraine. The EBA has consistently advocated for the necessity to introduce market surveillance regulation according to the EU norms as a prerequisite for technical regulation reform in Ukraine.

Moreover, introduction of the EU market surveillance principles was supported by the EBA as an important preceding act to Ukraine’s intention to sign Agreement on Conformity Assessment and Acceptance of the Industrial Products (ACAA). The Law envisages that the respective market surveillance authority is independent from the conformity assessment authority and delimitates controlling responsibilities between various controlling stakeholders. The EBA Regulatory Affairs Committee addressed this issue as one the EBA priorities in numerous appeals to the Government and during the meetings with the State Committee for Technical Regulation and Consumer Policy of Ukraine.

We are therefore glad to inform that this important Law was finally adopted.

We would like to thank all EBA members who supported and contributed to the EBA lobbying efforts resulted in this success, and we will keep you informed of any further developments.

)FBE PG UIF &#" GPPE DPNNJUUFF 2VBMJUZ BOE DFSUJGJDB† UJPO FYQFSU At the beginning of December, the Verkhovha Rada approved a new law on Market Control.

This legislative document should establish the European practice for YEVHEN Kaskun controlling non-food products in Ukraine’s trade.

We think that this law’s advantages are establishing permanent monitoring for safety and quality parameters of consumer goods on our market, determining a clear additional responsibility of importers, vendors and control authorities. As a result, a Ukrainian consumer will receive only safe products, and we will have much less fake goods if this Market Control law is fully implemented as

it was done in the EU by means of the Directive EC 765/2008.

%FQVUZ 1SPKFDU .BOBHFS 1I% *OWFTUNFOU $MJNBUF "EWJTPSZ 4FSWJDFT JO &VSPQF BOE $FOUSBM "TJB *'$ It is difficult to overestimate the significance of this law. Efficient and effective market surveillance is the cornerstone SERHIY Osavolyuk of a successful consumer product safety policy in developed countries and should become the key tool of enhancing and protecting the welfare of Ukrainian consumers.

Market surveillance also plays an important role in ensuring a well-functioning market system. It is essential for securing interests of economic operators, as it removes burdensome pre-market control authority and compliance with prescriptive obsolete standards (that date back to the Soviet era) and helps eliminate unfair competition.

3FHVMBUPSZ "GGBJST .BOBHFS 1IJMJQ .PSSJT 6LSBJOF As a part of the technical regulation reform, the Parliament approved on the 2nd December 2010, the Law on “State Market Surveillance and NonFood Products Control�, initiated by the President.

OLENA Kalabanya The law is aligned with the EU legislation.

The EU Tacis project “Technical Assistance to the Ukrainian Quality Infrastructure�, implemented by a consortium European Profiles SA, member of the EBA, significantly assisted the Ukrainian authorities in drafting and supporting the law in the Parliament.

Manufacturers will benefit from its implementation by fewer burdens imposed on them through abolishment of the pre-market control, focus on targeted monitoring of the market, and more clearly defined responsibilities of the controlling authorities. However, more work is still needed to improve the system of technical regulation to align it with the European norms.

2%')/.!,.EWS Donbass aims to diversify energy sources The Donetsk Regional Council considers gas production and exploration from tight sandstones as an important perspective for the gas-production industry of Ukraine.

The Memorandum on tight sandstones gas output signed with TNK-BP Group will further promote the partnership of public and private interests in the field with an aim to diversify the Ukrainian energy sources.

The Chairman of the Donetsk Regional State Administration, Anatoliy Blyznyuk, underlined that shale gas production is an important addition to the already existing types of gas output in the Donbass region.

Honorable Consulate of the Czech Republic has been opened in Kharkiv On December 10, 2010, ChargĂŠ d'Affaires ad interim of the Czech Republic in Ukraine VitĂŠzslav Pivonka and the Consul General of the Czech Republic in Donetsk Antonin Murgash arrived to Kharkiv with a pleasant mission to open the Honorable Consulate of the Czech Republic in Kharkiv. Local businessman Oleg Chigrinov was appointed the Consul Honorable of the Czech Republic in Kharkiv. “Today Kharkiv is writing another bright page in the history of its international activity in pursuit of European democratic values,â€? said on the occasion Mykhaylo Dobkin, the Head of the Kharkiv Region State Administration.

The Consul Honorable of the Czech Republic in Kharkiv, Oleg Chigrinov Photo courtesy of the Kharkiv Region State Administration

As ChargĂŠ d'Affaires ad interim of the Czech Republic in Ukraine VitĂŠzslav Pivonka in his turn stressed, Czech part sees considerable prospects for cooperation with Kharkiv region. “Your region is special for us. We have chosen Kharkiv oblast, because it has everything – not only business, but also education and respectful history. It’s an honor for us to work in this city,â€? – Mr. Pivonka noted.

7E LOOK FORWARD TO YOUR FEEDBACK AT

PGGJDF!FCB DPN VB

4 Opinion

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December 17, 2010

Editorials

Libel terrorism “Libel tourism” is the favored practice of thin-skinned, bullying billionaires to silence legitimate free speech, a cornerstone of democracy. Not only are journalists affected, but scholars, authors and anyone else who writes or speaks.

Now, after the Kyiv Post became the latest target of this dangerous trend, we have – with heavy hearts – decided to block traffic to our website from the United Kingdom. It is both a prudent business move and a protest of the U.K.’s weak libel protections. We also strongly support the movement under way there to strengthen free-speech protections. More information can be found at http:// libelreform.org.

British laws are harmful because they place the burden of proof on the accused, rather than the accuser, a reversal of the way justice should work. Plaintiffs are presumed to enjoy a reputation that could be monetarily damaged. Unlike in America, where protections encourage wide-open debate involving public figures and issues, more weight is given to privacy in Britain. Litigation is also extremely costly in the U.K., favoring the rich and possibly bankrupting news organizations. Moreover, London courts have tended to define jurisdiction broadly – covering almost everything on the Internet, even if only a few British citizens read the material.

The libel allegations against the Kyiv Post were brought by RosUkrEnergo coowner Dmytro Firtash, who objected to a July 2 article headlined “Gas trade leaves trail of lawsuits, corruption.” The story – and Firtash’s legal complaint – can be found at www.kyivpost.com/news/nation/detail/71733/.

The article in question was a spot news story over the disputed 11 billion cubic meters of gas that ex-Prime Minister Yulia Tymoshenko, when in power, seized from RosUkrEnergo following a Jan. 19, 2009, deal with Russian Prime Minister Vladimir Putin to end the protracted standoff that year. Firtash challenged the confiscation, won an international arbitration court ruling and eventually won the gas back for RosUkrEnergo, which he co-owns with Russia’s Gazprom.

The article contained allegations made at a press conference made by a public figure (Tymoshenko) against another public figure (Firtash) involving a public issue (the gas trade). If a newspaper cannot report about such events, then Ukraine has no democracy or free press.

No matter whom you believe, it seems indisputable that corruption, conflict of interest and abuse of power exist in the gas trade. If you believe Tymoshenko, Firtash and his associates are to blame. If you believe Firtash, Tymoshenko and her subordinates are the culprits.

The story also cited Firtash associate Valeriy Khoroshkovsky, the chief of the Security Service of Ukraine, as opening a criminal case against former Naftogaz executive Igor Didenko and ex-customs chief Anatoly Makarenko in connection with the gas seized by the government. They have been jailed since June and are in legal limbo.

Neither Firtash nor his associates have accepted the Kyiv Post’s repeated requests, then and now, for interviews or even given a concrete explanation of what was factually wrong with the story. In any case, we believe this dispute is a matter for the court of public opinion in Ukraine, first and foremost, and not a court in London.

Poor in spirit

“Here, young man.

You have been good this year, so I have a special present for you: $95 million.”

NEWS ITEM: Global Foundation, the world’s biggest non-government organization for fighting AIDS and tuberculosis, gave Rinat Akhmetov’s foundation, Development of Ukraine, $95 million to fight tuberculosis in the nation. With an estimated personal fortune of $23 billion, Akhmetov can afford to finance his own non-governmental organizations, critics said. But the foundation’s director Anatoliy Zabolotniy, said it was Ukraine that got the money, not an individual.

“Clearly, this guy’s got talent, and all I had this week was a lousy decree on administrative reform.”

Ukraine’s richest got a whole lot richer in 2010. This year’s top 50 wealthiest gained over 50 percent on last year’s group. They control the food Ukrainians eat, the TV channels they watch, as well as the fuel used to cook, for cars and to heat homes -- pretty much everything except for the air.

But to a much greater extent than in most European countries, they also control the political and social direction of the country. With such a strong hold over the economy and positions in government, these 50 people have more responsibility than anyone else over the fate of the nation. They are responsible for the desperate conditions that most Ukrainians live in across the country.

It’s hard to get an accurate estimate of the real extent of their wealth. That is because many prefer to hide their profits and riches offshore. If the wealthy were taxed properly, a lot more could go to helping lift the poorest out of destitution.

The list is notable for lack of innovators. This group remains dominated by those who managed to get their hands on Soviet industrial plants, former state companies and huge tracts of land.

Protecting the status quo serves their ends. Competition is blocked using courts, connections and complex schemes to keep prices high and wages low. In collusion with politicians, power and fear rule. Recently, some of them have started to burnish their images by sprinkling a little gold dust around to tamp down public discontent among the serfs.

But this mask is a weak disguise. The veil poorly conceals the machinations that are holding this country back.

Published by Public Media LLC Jim Phillipoff, Chief Executive Officer Brian Bonner, Chief Editor Deputy Chief Editors: Katya Gorchinskaya, Roman Olearchyk Editors: Alexey Bondarev, Valeriya Kolisnyk, James Marson, Yuliya Popova Staff Writers: Tetyana Boychenko, Peter Byrne, Oksana Faryna, Natalia A. Feduschak, Kateryna Grushenko, Nataliya Horban, Vlad Lavrov, John Marone, Olesia Oleshko, Yura Onyshkiv, Iryna Prymachyk, Mark Rachkevych, Nataliya Solovonyuk, Maria Shamota, Irina Sandul, Svitlana Tuchynska Photographers: Oleksiy Boyko, Joseph Sywenkyj. Photo Editor: Yaroslav Debelyi Chief Designer: Vladyslav Zakharenko. Designer: Angela Palchevskaya Marketing: Iuliia Panchuk Web Project: Nikolay Polovinkin, Yuri Voronkov, Maksym Semenchuk Sales department: Yuriy Timonin, Yulia Kovalenko, Maria Kozachenko, Elena Symonenko, Sergiy Volobayev Nataliia Protasova, Subscription Manager Svitlana Kolesnykova, Newsroom Manager Anastasia Forina, Office Manager

IT team: Viktor Kompanieiets, Oleksiy Bondarchuk Dima Burdiga, Color Corrector Igor Mitko, Transport Manager Maryna Samoilenko, Chief Accountant Tanya Berezhnaya, Accountant

To inquire about distribution of the Kyiv Post, please contact Serhiy Kuprin at kuprin@kyivpost.com or by phone at 234-6409

NEWS ITEM: Russian Prime Minsiter Vladimir “Fats” Putin hit the tabloids worldwide, as well as became a YouTube star (www.youtube.com/watch?v=IV4IjHz2yIo) after playing piano and singing “Blueberry Hill,” the rock-and-roll standard popularized by Fats Domino, in front of a crowd of Hollywood stars at a charity reception in St. Petersburg on Dec. 13.

In the meantime, Ukrainian president Viktor Yanukovych issued a decree on Dec. 9 starting administrative reform in the nation, which critics immediately called “half-baked.” He reduced the number of government agencies nearly by half. His staff said more decrees will follow to clarify the role of the remaining government bodies.

Feel strongly about an issue? Agree or disagree with editorial positions in this newspaper?

The Kyiv Post welcomes letters to the editors and opinion pieces, usually 800 to 1,000 words in length. Please e-mail all correspondence to Brian Bonner, chief editor, at bonner@kyivpost.com or letters@kyivpost.com. All correspondence must include an e-mail address and contact phone number for verification.

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Ukraine’s Richest 5

December 17, 2010

Akhmetov pulls away from rest of nation’s richest citizens, with $23.6 billion net worth

Agricultural barons start to crowd out steel, bank titans

Name

Net worth Page ($ millions)

Business Group

1

Rinat Akhmetov

SCM

23,593

6

2

Ihor Kolomoisky

Privat

6,243

6

3

Gennady Bogolyubov

Privat

5,429

6

4

Viktor Nusenkis

Donetskstal Group

2,959

8

5

Kostyantyn Zhevago

Ferrexpo

2,417

8

6

Viktor Pinchuk

Interpipe

2,223

8

7

Oleksiy Martynov

Privat

2,077

8

8

Yuriy Kosiuk

MHP

1,546

8

9

Oleksiy Vadatursky

Nibulon

1,036

9

10

Dmytro Firtash

Group DF

961

9

11

Andriy Verevsky, Ruslan Verevsky

Kernel

947

9

12

Vitaliy Haiduk

Industrial Union of Donbasss (former co-owner)

914

10

13

Oleksandr Yaroslavsky

DCH

818

10

14

Leonid Chernovetsky

Pravex Bank (former owner)

781

10

15

Ivan Huta

Mriya

754

10

16

Oleh Bakhmatyuk

Avangard

700

10

17

Serhiy Taruta

Industrial Union of Donbass

651

11

18

Oleg Mkrtchan

Industrial Union of Donbass

651

11

19

Mykola Yankovsky

Stirol (former owner)

623

11

20

Volodymyr Boiko

Illich Metallurgical Plant

600

11

21

Anatoliy Yurkevych

Milkiland

589

12

Wealth disparity alarms some

22

Valeriy Khoroshkovsky

U.A. Inter Media Group

568

12

23

Sergiy Tigipko

TAS

552

12

24

Heorhiy Skudar

Novokramatorsky Machinebuilding Factory

552

12

Æ1

25

Valentyn Isak

Stolitsa

520

13

26

Yevhen Sihal

Agromars

474

13

27

Olha Nechytailo-Rydzhok

Bayadera

471

13

28

Ihor Dvoretsky

Zaporizhstal

442

14

29

Oleksandr Slobodyan

Obolon

437

14

30

Vyacheslav Bohuslayev

Motor Sich

411

14

31

Eduard Shifrin

Zaporizhstal

409

14

32

Artur Abdinov

Zaporizhstal

409

15

33

Oleksandr Gerega

Epicenter

400

15

34

Petro Poroshenko

Ukrprominvest

382

15

35

Leonid Yurushev

Forum Bank (former owner)

364

15

36

Borys Kolesnikov

Konti

349

16

37

Vasyl Khmelnytsky

Kyiv Investment Group

323

16

38

Volodymyr Zahory

Darnytsia pharmeceutical company

321

16

39

Vitaliy Antonov

Universal Investment Group

310

16

40

Serhiy and Oleksandr Buryak

Brokbusuinessbank

299

16

41

Ihor Yeremeyev

Kontinium

295

17

42

Stepan Ivakhiv

Kontinium

295

17

43

Oleksandr Feldman

Barabashevo market, real estate

291

17

44

Mykola Tolmachev

TMM

286

17

45

Oleksandr Kardakov

Inkom

276

17

46

Viktor Ivanchyk

Astarta

270

18

47

Ihor and Hryhoriy Surkis

Dynamo Kyiv soccer club

270

18

48

Yevhen Chernyak

Khortytsia, Blagoff, Shustov, Oreanda

256

18

49

Filya Zhebrivska

Farmak pharmaceutical company

238

18

50

Tariel Vasadze

UkrAVTO

230

18

Æ1 classes hard. Those who took out loans have struggled to pay them back, hurting banks and demand for real estate. Banks haven’t been willing to, or had the means, to make loans. As a result, few people have had enough money to buy new apartments and cars.

The new kids on the rich block are the agriculture captains.

Oleksiy Vadatursky, owner of grain giant Nibulon, parachuted into 9th and the exclusive billionaires club with more than $1 billion in net worth. Ivan Huta, owner of agribusiness giant Mriya, broke into the top 15 with $754 million, closely followed by egg king Oleh Bakhmatyuk in 16th with $700 million.

Agriculture companies are gaining increasing attention from investors on foreign stock exchanges and attracting credits. With talk at the highest levels of government that the moratorium on land privatization will be lifted in 2011, demand for food products still high and

Akhmetov’s net worth was estimated at $23.6 billion, far ahead of the trailing pack. His dominance was most prevalent in metals and mining. He accounted for 61.3 percent of that sector’s sales. He also prevailed in the energy sector, with 25.1 percent of sales. He also has interests in banking, machine building, media and perhaps his favorite asset, the Shakhtar Donetsk football club.

Alone, Eastern Europe’s richest man accounted for a quarter of the nation’s industrial output and was 103 times richer than the 50th richest Ukrainian -- carmaker Tariel Vasadze, at $230 million.

While the enormous growth in net worth is a sign that the country is recovering from the financial meltdown, most in the nation have not prospered as well as the super set.

“This is typical for a country of Ukraine’s level of development,” said Vasily Astrov, an analyst for the Vienna Institute for International Economic Studies based in Austria. “The situation resembles Latin American countries where there are few rich and many poor people. In Ukraine, the capitalist entrepreneurs win out, so you have disparities in income distribution, plus trade and labor unions play no role.”

According to the State Statistics Committee, 12 million out of a population of 46 million have an average income below the minimum subsistence level of just over $100 per month.

Moreover, economists noted that – although the companies of many on the list had impressive revenue growth in the last year – reported profits were either miniscule or non-existent.

In theory, low profit margins mean companies have little to re-invest.

And there’s little to tax from narrow margins.

Experts say much of the cash generated by the country’s wealthiest ends up abroad, owing to tax-avoidance schemes with holding and off-shore registered companies.

Partly as a result, the nation’s coffers have fallen short of revenue targets.

Moreover, Ukraine remains dependent on loans, including a $15 billion credit from the International Monetary Fund.

Ukraine’s estimated government debt is $53 billion, according to BG Capital., including nearly $13 billion to the IMF. Analyst Astrov said one way of achieving more equitable wealth and income distribution is to attract foreign direct investment (FDI), but he said the government must step in and play an enabling role to promote this.

“FDI is the way to go to bring in

the huge amount of slack in Ukraine’s system, the country’s top farmers are set only to grow and grow.

Things aren’t so good if you construct cars or buildings.

Back in 2008 Tariel Vasadze, owner of UkrAVTO, sped into 14th place with $2.05 billion. This year, he only just crawled onto the list in 50th position with $230 million. Car sales have plummeted during the crisis, down an eye-watering 70 percent in 2009.

But Vasadze is surviving – UkrAVTO turned a profit of Hr 5.2 million – and people can’t drive around in those Soviet-era Ladas forever.

Not on this year’s list is Mykola Lagun, owner of Delta Bank. In 2008, he was in 39th with $524 million.

The bankers who have best been able to hold their positions on the list are former bankers, such as Leonid Chernovetsky and Sergiy Tigipko, who sold their assets at the perfect time, just

innovation and for the government to harness the Ukrainian business groups who are interested in export markets like in agriculture, which has huge potential for the country,” Astrov said.

The richest list is dominated by lawmakers or people with strong ties to government. Consequently, they are sometimes seen as having such a strong stake in the status quo that economic competition is blocked – hence, Ukraine’s low rate of foreign investment.

“Not everyone is in the same basket, but there are many oligarchs who want to keep out competition. Many markets are dominated by cartels or virtual monopolies. This leads to price agreements and markups at the expense of the labor force, but this isn’t exclusive to Ukraine,” Astrov said.

This could explain why heavy Sovietera industries of metals, mining, energy, oil and gas, machine building and chemical are the dominant sources of fortunes. Agriculture and food production are increasingly present, with at least 10 people engaged in this sector in the 2010 richest club.

It’s still a man’s world at the top: only two women made the list – vodka producer Olha Nechytayilo-Ridzhok and pharmaceuticals maker Filya Zhebrivska, who are worth $471 million and $238 million, respectively.

Wealth inequality, Astrov noted, is fueled partially by government corruption and weak tax collection.

before the crisis struck.

Real estate remains in the doldrums, with XXI Century owner and 2008 high-flier Lev Partskhaladze (then 37th with $580 million) off the list and Mykola Tolmachev (then 38th with $570 million) clinging on in 44th position this year with $286 million.

Steel, the must-have commodity that propelled many of the richest to their fortunes, has made a bit of a comeback this year, boosting the figures for the nation’s top metal-men after last year’s drop. Of course, it helps if, like Ukraine’s richest man Rinat Akhmetov, you can pick up one of the country’s top-three steel mills MMK Illicha at a more than $1 billion discount, according to analyst estimates.

One trend is clear, which isn’t really anything new: to push up the list and stay there, it helps to have a seat at the top tables of government, or the ear of someone there.

A 2006 U.S. Agency for International Development report on corruption, which still holds true today, stated: “In elite cartel countries such as Ukraine, top political and business figures collude behind a facade of political competition and colonize both the state apparatus and sections of the economy.”

Seventeen on the richest list are either in government or are elected officials, 12 of whom are members of parliament, including Akhmetov.

The 22nd richest, Valeriy Khoroshkovsky, worth $568 million, for example, has been a member of parliament, has served a number of advisory roles in government, was first deputy head of the presidential administration, the economy minister, head of customs and today, along with leading Ukraine’s state security service, and until recently sat on the High Council of Judges that appoints and fires the nation’s judges.

“Ukraine is a closed insider economy run by an elite network that limits foreign entry, including Russian business interests in many sectors of the economy,” said Volodymyr Lanovy, a former economy minister and president of the Center for Market Reforms. “The way it functions is it creates obstacles for real economic growth and integration with the world economy.”

Kyiv Post staff writer Mark Rachkevych can be reached at rachkevych@kyivpost. com.

Kyiv Post’s list of 50 richest Ukrainians was compiled by Dragon Capital, a leading Kyiv investment bank

Huge gap between No. 1 and No. 50 in Ukraine compared to these nations Petr Kondrashev

Vladimir Lisin

Karl Albrecht Family

12

times

USA

Rinat Akhmetov

Germany

Ukraine

Bill Gates

9

$15.8 billion $1.3 billion Russia

$54 billion

103

times

$23 billion

Source: Forbes

times

$23.6 billion

Jan Kulczyk

16

10

times

times

$5.3 billion Charles Butt Source: Forbes

Kazimiersz Pazgan

$2.6 billion

$230 million

Andreas Strungmann

Tariel Vasadze

$2.4 billion Poland

$148 million

Source: Wprost

Source: Manager magazine

6 Ukraine’s Richest

www.kyivpost.com

December 17, 2010

23.593 Ihor Kolomoisky, 47 $ billion Rinat Akhmetov, 44

Married with two children Interests: banking, media, metallurgy, gy, chemicals, energy and airlines

Married with two sons Interests: Metallurgy, energy, machine-building, finance, real estate, telecoms, retail, agriculture, media, sport and others

2

In October, when Ihor Kolomoisky became president of the European Council of Jewish Communities, one Israeli newspaper described his rise to head the organization as a “putsch.� At home, meanwhile, rumors swirl that Kolomoisky's own assets are coming under pressure from the all-powerful new authorities and that he is spending increasingly more time in Switzerland.

Nevertheless, the Dnipropetrovsk native has managed to boost his business interests this year in a number of fields. In April, he bought out Central European Media Enterprises’ stake in Ukrainian television chan- UNIAN nels 1+1, City, Kino and TET for around $300 million. In October, he increased his stake in the small but London-traded oil and gas producer JKX to 25 percent.

He’s also been active abroad, purchasing a $14.5 million controlling stake in Gudauri ski resort in Georgia.

Kolomoisky hasn’t had so much luck with privatizations. His Privat Group complained one of its companies had been unfairly excluded from the privatization of locomotive

1

$ 6.243 billion

manufacturer Luhanskteplovoz in spring.

Dniproavia, which Kolomoisky controls, announced in December it was interested in buying the state’s 61.58 percent stake in Ukraine International Airlines. But he’s likely to miss out again. Privatization chief Oleksandr Ryabchenko said no auction will be held as, according to the airline’s charter, minority shareholders are allowed to bid first, and therefore could snap the carrier up for just over $30 million.

Gennady Bogolyubov, 48

$ 5.429 billion

Married with four children Interests: ferroalloys, petrochemicals, finance In the year that his political ally Viktor Yanukovych became Ukraine’s president, Rinat Akhmetov’s fortune rocketed. He’s worth almost as much as the rest of the top 10 put together.

Ukraine’s richest man also staked a claim to a new epithet – Ukrainian nationalist. After snapping up top steelmaker Illich in July, which had allegedly come under attack from Russian raiders, he explained that the purchase not only made economic sense but was also a “patriotic� move.

The deal gave Akhmetov a controlling stake in a steel mill valued at more than $2 billion for the knockdown price of $600-$860 million, according to Dragon Capital analysts – surely the deal of the year.

His Metinvest – the metallurgical arm of his System Capital Management holding company – is now one of the world’s top 20 steelmakers. The purchase of Illich came after Akhmetov had missed out on another top steel plant, Zaporizhstal, snapped up from under his nose by investors linked with the Russian government.

Akhmetov, a Party of Regions lawmaker, is also angling for control of Kyiv’s Central Department Store, which he might just turn into a local version of London’s Harrods.

Perhaps he was inspired by the humiliation suffered by his soccer team Shakhtar Donetsk in February, when they were barred from entering Harrods for being inappropriately dressed.

Anastasiya Syrotkina

Gennady Bogolyubov, already owner of the largest manganese minerr in Australia, Consolidated Minerals, this year sought a tie-up with the e secondlargest, OM Holdings. The he deal, which would have created ated the world’s second-largestt manganese producer, fell through hrough in October after several months of talks. Nevertheless, Bogolyubov olyubov still holds an 11 percent stake in OM. The Dnipropetrovsk native tive is co-founder, along with rich ch list No. 2 Ihor Kolomoisky, off the Privat Group, one of Ukraine’s ine’s most powerful financial ncial and industrial groups. One of its most visible armss is PrivatBank, the country’s y’s largest commercial bank.

The billionaire has put ut a lot of effort into philannthropic activities this year ar through his Bogolyubovv UNIAN

Foundation, which describes itself as a charitable organization “rooted in authentic Torah values.� It works to support Jewish wo education, eradic eradicate poverty and promote the Jewish rreligion and its cultural heritage. of the Jewish As the president presid community of Dnipropetrovsk, Bogolyubov met with Israeli Bogolyu President Shimon Peres Pres during his visit to the du city in November. c ““Dnipropetrovsk Jews have created a most h wonderful community.

You have managed to do something unique for the Jewish people. You have united with one another in a way that is uncharacteristic of the Jewish a people,�

Peres said to p him, him according to local h media med reports.

3

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December 17, 2010

7

8 Ukraine’s Richest

Viktor Nusenkis, 56 Married with one son Interests: coal mining, metallurgy In 2004, Donetsk-based investigative website Ostrov called Viktor Nusenkis one of the “founding fathers” of the Donetsk financial-industrial group, along with Oleksandr Astrakhan and current members of parliament Yuhym Zvyahilsky, Valentyn Landyk.

Nusenkis has amassed a fortune as the owner of Donetsk Steel Metallurgical Works, and through investments in metallurgy and coal mines in Ukraine, Russia and the Czech Republic. He reportedly has expanded into agriculture, going into the grain business, and animal husbandry, rearing sheep, horses and poultry.

Nusenkis, Zvyahilskyy and Astrakhan allegedly took control of coal production in Donbas in the early 1990s.

Assessors have always had a tough time finding out what assets he has and their value because of his low-profile. Korrespondent magazine recently reported that he bought his partner’s

4

up Nusenkis’s net worth.

In Ukraine’s closed insider economy, we’ll never know the true extent of his wealth. We’re also uncertain where he lives now – in Russia or Ukraine.

Kostyantyn Zhevago, 36 Married with one son and one daughter Interests: steel, iron ore, banking Ukraine’s youngest billionaire, Kostyantyn Zhevago likes being first in everything he does.

He was the first Ukrainian to list his Ferrexpo holding company on the main market of the London Stock Exchange in 2007. Less gloriously, the businessman also tied for being the most truant parliament deputy, missing all 51 parliament sessions this year, along with 13 other lawmakers.

Zhevago controls Finance and Credit bank and is a majority shareholder of Ferrexpo, a holding company with assets in mining and railway shipment. The core of the business is iron ore mining and the Ukraine-listed Poltava Iron Ore, which contains nine individual iron ore deposits.

Although Zhevago took a hit during the financial meltdown, his company still controls most of Ukraine’s domestic iron ore supplies together with Metinvest, which belongs to Eastern Europe’s richest man, Rinat Akhmetov.

Ferrexpo posted $525 million in revenue in the first six months of 2010 compared to $310 million for the same period in 2009. Zhevago is looking to develop a mine on the Yeristovo iron ore deposit at a cost of around $1.5 billion, so he may not make an appearance in parliament any time soon. He’ll be too busy with his new projects.

5

$ 2.417 billion

Pinchuk, 50 Married with two daughters and a son Interests: metallurgy, energy, mass media

6

Viktor Pinchuk is not just a businessman, he is also, according to TIME magazine, one of the world's great thinkers. This may seem like a strange honor to bestow on a man who sharply increased his fortune after marrying then-President Leonid Kuchma's daughter, and now spends them on expensive foreign artwork, as well as philanthropic projects.

But TIME this year put Pinchuk on its list of the world's 100 most influential people in the "thinkers" section, and offered a glowing review of Pinchuk by none other than musician Elton John, a friend of the billionaire. "Victor's allegiance to Ukraine also knows no bounds," swoons John, before going on, quite rightly, to praise his efforts to raise awareness of HIV/AIDS. Pinchuk made his cash in Ukraine by becoming the owner of the steel pipemaking company where he got his first job before the Soviet Union fell apart.

He also enjoyed two terms in parliament, from 1998 to 2006, until he decided to devote more time to business and philanthropy.

The founder of EastOne, an investment and consulting advisory group, Pinchuk’s business interests also include four TV channels, a popular tabloid, and 16 oil fields.

While Pinchuk likes to be seen as more hands-off in business, he is visibly more hands-on in the arts and in promoting Ukraine abroad through the annual World Economic Forum and Yalta European Strategy. He owns Eastern Europe’s largest contemporary art museum, has set up Ukraine’s first private chamber orchestra and has established a worldwide art prize for artists younger than 35.

Pinchuk’s generosity has paid dividends. He was a guest at the inauguration of former U.S. President Bill Clinton’s presidential library in Little Rock, Arkansas, after donating millions of dollars to his AIDS foundation. And he attended Clinton’s exclusive 60th birthday bash in New York.

Yuriy Kosiuk, 42 $ 1.546 billion Married with one son Interests: food processing, crops production, building materials

UNIAN

Oleksiy Martynov, 44 Married with one daughter Interests: ferroalloys, banking, oil products Oleksiy Martynov is one of the main partners of the Dnipropetrovsk-based Privat diversified business group along with billionaires Ihor Kolomoisky and Gennady Bogolyubov. Unlike them, Martynov has remained based in his native Dnipropetrovsk. He is reportedly not eager to relocate, either to Kyiv or abroad.

Martynov owns a Solm, a part of Privat group, and owns two mining companies located in Marhanets and Ordzhonikidze, Dnipropetrovsk Oblast, which specialize in the extraction of manganese ore, which has important industrial metal alloy uses in the production of stainless steels.

Demand for the ore increased this year after a drop in 2009 and the enterprises are expected to return handsome profits in 2010.

Martynov graduated from Dnipropetrovsk State University 1989 with a degree in electrical engineering.

$ 2.223 billion

$ 2.959 billion Viktor

focus.ua

share of Donetskstal Industry Group several years ago. It also emerged that another alleged shareholder in Donetskstal, Leonid Baysarov, was just a hired manager, so analysts bumped

Yaroslav Debelyi

December 17, 2010

$ 2.077 billion

Kyiv Post file photo

7

Making money in agribusiness has become increasingly lucrative in recent years, with at least 10 people included in this year’s 50 richest list involved in the sector. Yuriy Kosiuk, known for his premium chicken brand Nasha Riaba, is first and foremost among them.

Kosiuk and the others realized years ago that someone has to feed the world’s growing population and the emerging middle classes in China, India and the near-abroad. They are also aware that arable land in the European Union is e, with Europe’s third largest share of arable land, is already tapped and Ukraine, underutilized. n, you’ve probably If you’re not a vegetarian, uk produces. eaten something that Kosiuk Whether it’s chicken, beef, cold cuts, foie gras, or a TV dinner, chances are you’ve had it.

Kosiuk’s Nasha Riaba has 52 et, and percent of the poultry market, novskiy his chicken producer, Mironovskiy 09 postKhlib Product (MHP), in 2009 ed $160 million in revenue,, up from mid a global just $15 million in 2008 amid odern plan is financial meltdown. The modern en incubators, highly integrated with chicken nd to grow grain 300,000 hectares of farmland ssing plants. for livestock and meat processing ping here. MHP But Kosiuk is not stopping on worth in April sold $330 million ding a of Eurobonds and is building new chicken production plant and a feed plant as part of a est$750 million capital investment project. n’t While Ukraine still can’t y feed the world, the country is well on its way to feedUNIAN ing itself.

8

www.kyivpost.com

UNIAN

$ 1.036 billion

Ukraine’s Richest 9

December 17, 2010

9 Oleksiy Vadatursky, 63 Married with one son Interests: grain production, storage and shipping

Oleksiy Vadatursky is co-owner of the Mykolayiv-based Nibulon agribusiness concern, which during the 2000s has expanded growing operations throughout Ukraine and increased exports abroad. The firm has been helped to invest in development and achieve growth by attracting foreign loans. This year it secured a $50 million credit from the EBRD to build elevators and terminals. In addition, Nibulon plans to increase its grain cargo fleet to better move its product abroad.

Vadatursky is one of Ukraine’s most decorated businessmen, growing Nibulon from 1991 from a small company into an agribusiness empire with two dozen divisions located in eight of Ukraine’s 27 regions. The company is today among the country’s biggest grain exporters, and one of only three to receive an export license from the government this year.

Vatadursky, who is the son of collective farmers from Odesa Oblast, graduated from the Odesa Technological Institute in 1971 with a degree in chemical engineering.

During the Soviet era he specialized in bread production and distribution in Mykolayiv Oblast. He has received dozens of awards during the 1990s and 2000s, including “Hero of Ukraine” and “Man of the Year” (2006) for his contributions to the development of Ukraine’s agricultural sector.

10

Dmytro Firtash, 45 $ 961 million

Divorced with one daughter Interests: natural gas, real estate, media, fertilizer and titanium production

It’s been an annus mirabilis for the gas, chemicals and titanium magnate.

After his nemesis Yulia Tymoshenko lost out to Viktor Yanukovych in the 2010 presidential election, Firtash acquired chemicals plant Stirol in Donetsk and won an international arbitration court ruling forcing Ukraine’s state gas company to hand over around $3 billion (12.1 billion cubic meters) of gas to gas trader RosUkrEnergo, which he co-owns.

Some political insiders say Firtash’s contacts in Yanukovych’s inner circle have given him even more clout than Ukraine’s richest man, Rinat Akhmetov.

Another, more questionable contact appeared to emerge in a U.S. diplomatic cable from Kyiv published by WikiLeaks, which reported that Firtash in December 2008 confirmed to then U.S. Ambassador to Ukraine William Taylor Courtesy that he once had ties with alleged Russian mafia boss Semyon Mogilevich.

Taylor quoted Firtash in the cable saying that “he needed, and received, permission from Mogilevich when he established various businesses, but he denied any close relationship to him.” Firtash issued a statement in response, on Dec. 2, denying any links. The ambassador estimated in the cable that Firtash had a fortune of more than $5 billion, but suggested experts believed it was more likely to be higher. Dragon Capital placed him this year at less than $1 billion, saying his true wealth is hard to fathom. One thing is for sure – with Yanukovych in office and strengthening his grip on power, Firtash is on an upward trajectory.

Editor's Note: In the interests of full disclosure, Dmytro Firtash has issued proceedings for libel in relation to a prior article by Public Media.

11

Kyiv Post file photo

$ 947 million Andriy Verevsky, 36 Married with two sons and one daughter Interests: agribusiness, vegetable oils Poltava native Andriy Verevsky must be doing something right: He’s always managed to secure rights for grain export quotas, regardless of who’s in power.

By some miracle, Verevsky in 2007 was granted a higher quota than any other market player in sunflower seeds. He was a parliamentary deputy belonging to the Yulia Tymoshenko faction at the time.

When the political winds blew in a different direction this June, Verevsky switched allegiance to the Party of Region’s faction loyal to President Viktor Yanukovych. And again, when the government set export quotas for grain in November, Kernel was one of 14 companies that secured the lion’s

share of quotas, receiving 21 percent.

Kernel today is one of the largest sunflower seed oil producers in Ukraine, with a 35 percent share of the domestic bottled oil market. It ranks among Ukraine’s topfive grain exporters. And despite getting hit for three years straight by the effects of the global financial meltdown, Verevsky’s business group has only become stronger.

This year, Kernel Group acquired one of the biggest sunflower oil exporters, Allseeds, boosting its annual seed crushing capacity by 565,000 tons and grain storage capacity by 600,000, as well as acquiring an oil shipment terminal in Mykolayiv.

Yaroslav Debelyi

10 Ukraine’s Richest

www.kyivpost.com

December 17, 2010

$

Oleksandr Yaroslavsky, 51

818 million

13

Married with one son Interests: real estate development, fertilizer and chemical production, banking After working as a police officer in Kharkiv in the early 1990s, Oleksandr Yaroslavsky is now the city’s most successful businessman. He made the lion’s share of his wealth from selling a 51 percent stake in UkrSibbank for an estimated $700 million to the French BNP Paribas Group. He sold his final 18.57 percent stake in the bank to the group in December.

Yaroslavsky’s business interests are collected under the umbrella of DCH Group, a holding company involved in fertilizer and chemical production, real estate and hotel management.

Yaroslavsky was a parliamentary deputy from 2002 to 2006. After leaving the legislature, he began investing in a number projects aimed at preparing Kharkiv to host matches during the 2012 European soccer championship, including a new stadium and airport.

In addition to owning the Kharkiv-based Metallist soccer team, Yaroslavsky is a well-known patron of the arts and a sponsor of Ukrainian sports. He has also supported charity projects such as the Ridny Dim Charity Fund and the Hospital of the Future project, organized by Kateryna Chumachenko, the wife of former President Viktor Yushchenko. According to his corporate website, Yaroslavsky “lives a healthy lifestyle,” practising yoga and playing tennis.

$ 754 million

Vitaliy Haiduk, 53 Married with one son and one daughter Interests: metallurgy, business, politics Vitaliy Haiduk is a native of Donetsk who held a number of high government posts during the 2000s, most recently working as an adviser on energy to former Prime Minister Yulia Tymoshenko.

He sold his stake in Industrial Union of Donbass (IUD) to Serhiy Taruta and Oleg Mkrtchan, who then sold a majority stake in the company to new Russian investors.

“I don’t have any connection with the subsequent deals,” Haiduk said, when asked to comment on the deal with the secretive buyers.

It looks like he got out at the right time, as they continued to struggle to pay off debts incurred to push through modernization of the company’s plants.

Haiduk has had a quiet year, with his old allies, who also include ex-President Viktor Yushchenko, out of power.

Haiduk first studied engineering during the 1980s at the Donetsk State Polytechnic Institute, and later earned an advanced degree in economics and management. He served as deputy minister and minister of fuel and energy from

12 $ 914 million

PHL

2000 under former President Leonid Kuchma, who in 2002 promoted him to deputy prime minister. Under former President Viktor Yushchenko, he headed the country’s National Security and Defense Council from October 2006 to

Leonid Chernovetsky, 59 Married with one son and one daughter Interests: banking, real estate, investments Nicknamed Kosmos, the former banker turned politician is still officially Kyiv mayor, although the country’s leaders have made it clear that Oleksandr Popov, head of the Kyiv State Administration, is the person calling the shots in the capital. Prime Minister Mykola Azarov in November compared Chernovetsky to the Queen of England, saying he had a title but no official decision-making role.

Chernovetsky certainly has enough money to live like a king, having sold his Pravex Bank for $750 million in 2008, just before the world economic crisis hit. And it appears his family is also accustomed to living like royalty: His daughter Kristina reportedly had 4 million euros worth of jewels stolen while she was in a car driving through Paris in February. The Chernovetskys denied the incident took place.

Kyivans have been left wondering after the quiet city hall coup in November what happened to the mayor. While former Moscow Mayor Yury Luzhkov

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$ 781 million

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reportedly spends lots of time in Austria these days, Kosmos is apparently enjoying his quasi-retirement in that country’s Alpine neighbor, Switzerland.

There is perhaps one more ques-

$ 700 million

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tion that ties these two former capital city chiefs – will they be chased after by the new czars to pay for their alleged abuses of power (which they deny) while in office?

Oleh Bakhmatyuk, 36 Married with three daughters Interests: agribusiness

Ivan Huta, 54 Married with two sons Interests: agriculture Everybody has dreams, but Ivan Huta owns one, literally. It’s the name of his family-owned agri-business in Ukrainian – Mriya. And according to the company’s recent Eurobond issue prospectus, its dream is to increase its land bank by almost three times to 650,000 hectares by 2013.

Founded in 1992 by Huta, which is still 80 percent family-owned with the remaining stake trading on the Frankfurt Stock Exchange, Mriya cultivates sugar beets, wheat, rapeseed, potatoes and corn in four regions of western Ukraine, including Ternopil Oblast, where the company has its headquarters.

Global lenders like the European Bank of Reconstruction and Development, and the International Finance Corporation, seem to like lending to Huta, given his company’s modest debt burden and position as a large player in the Ukrainian farming industry with a track record of profitable growth.

Mriya boasts high margins of more than 50 percent, benefiting from high-quality farmland and equipment, low labor and lease costs, and advanced crop cultivation and harvesting processes. The company’s profitability exceeded 50 percent in 2007-2009. Mriya Agro Holding Public Limited (Cyprus), the holding company of Mriya agribusiness, saw $128 million in net profit in January-June 2010, which is 2.3 times up year-on-year. It’s a dream that doesn’t seem likely to end soon.

May 2007. He started his political career in Donetsk during the 1990s as a deputy to the Donetsk Regional Council and helped create and manage the operations of the Party of Regions during the early 2000s.

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Oleh Bakhmatyuk called his decision to peddle the most low-cost yet most nutritious food available to humans a business “hunch.” It has led him to become the number one producer of eggs and dry egg products in Ukraine with a market share of approximately 23 percent (including 39 percent of industrially produced eggs) and 52 percent, respectively, in 2009.

Under his London-traded Avangard company, the Ivano-Frankivsk native has seen revenue double from $127.8 million to $320 million in 2007-2009. “We are the engine of the industry,” he told the Kyiv Post in a July interview, adding that Avangard’s closest competitors lag far behind.

Bakhmatyuk’s story shows that he, like many of Ukraine’s wealthiest, rubbed shoulders with the nation’s leading powerbrokers, working in top management positions in state oil and gas company Naftogaz Ukraine from 2005 to 2007.

Avangard raised around $210 million in June floating a 20 percent of company shares on the London Stock Exchange.

But in order for Ukraine to realize its ambition as a major world food producer, it’s going to take more than the success of a few successfully traded companies, according to Bakhmatyuk.

In addition to owning Avangard and the CB Financial Initiative, a bank, Bakhmatyuk is also head of Ukrlandfarming, a company that grows grain and breeds cattle. The Cyprus-based concern has 110,000 hectares of land under management and owns 26,000 head of cattle livestock producing beef and milk.

Serhiy Taruta, 55 Married with two daughters Interests: metallurgy, media Serhiy Taruta and his Industrial Union of Donbass co-founders sold their majority stake in the company in January to Russian investors backed by Russia’s state-owned Vneshekonombank. The investors were led

by Russian businessman Alexander Katunin, former minority shareholder in metals group Evrazholding and now coowner of Swiss trader Carbofer.

IUD suffered more than most during the financial crisis after taking out loans to modernize their plants, and because of its depen-

17 Kyiv Post file photo

$ 651 million

dence for raw materials on external suppliers.

Taruta remained head of board of directors and retained a stake in the company, which has been helped by the Russians to gain access to new markets and sources of materials.

Their problems have not been fully resolved, though, with debt restructuring talks with investors on ongoing and reports that IUD was indebted to Akhmetov A for non-payment of bills for iron ore.

Taruta co co-founded IUD in 1995 to supply gas to Donb Donbas metallurgical plants through highly-lucrat highly-lucrative barter arrangements, and he has profited handsomely along with his partners, who bo bought shares in plants during the privatization drive following the collapse of the Soviet Union.

U Throughout the 2000s, IUD expanded pr production and profits of enterprises owned by the holding company, which at numero numerous reconstruction and production eexpansion programs at each of its enterp enterprises. Before the 2008 world economi crisis, IUD annually produced 10 nomic millio tons of steel. million A well as being a successful busiAs nes nessman, Taruta supports several charity programs, ranging from preserving the country’s cultural and historical legacy to assisting orphans.

Mykola Yankovsky, 66 Married with two daughters and one son Interests: fertilizer production, politics

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Ukraine’s Richest 11

December 17, 2010

$ 623 million Mykola Yankovsky sold his stake in Stirol nitrogen fertilizer plant in September to Dmytro Firtash after a couple of tough years at the plant. Stirol has suffered from the ever-increasing price of natural gas from Russia. Firtash, a big player in the gas business, could help the factory get back into profit.

Analysts estimate that Firtash’s Group DF took a 90 percent stake in the plant, valued at $650-750 million.

A professor of economics, Yanukovsky heads the faculty of new technology management at Donetsk State University and is a parliament deputy with the pro-presidential Party of Region’s faction.

The Kirovohrad Oblast native graduated from the Dnipropetrovsk Institute of Chemistry and Technology with a degree in chemical engineering, becoming director of the Dnipropetrovsk’s Azot chemical production plant in 1982.

Yankovsky has received numerous state awards and titles over the years, including “Hero of Ukraine.” He is currently a member of the Ukraine’s national council on philanthropy.

Oleg Mkrtchan, 44 Married with three sons and one daughter Interests: steel production, sports Despite the Industrial Union of Donbass (IUD), which Oleg Mkrtchan co-owns, struggling to pay back debts, he has no intention of taking a step back in the group’s rivalry with the region’s biggest fish, Rinat Akhmetov. It was revealed that Akhmetov, the owner of Shakhtar Donetsk, and Oleksandr Yaroslavsky, owner of Metallist Kharkiv, paid “bonuses” to the players after they won two friendly games in May. Not to be outdone, the cofounder of Zaporyzhia’s Metallurg soccer club announced that he also paid bonuses to the nation’s finest.

It’s not just Ukrainian football that Russia-born Mkrtchan supports. He also owns a controlling stake in Kuban Krasnodar club, which this year was promoted to the Russian Premier League.

The club may further benefit if Mkrtchan’s business plans in the region pan out.

According to news website Live Kuban, the businessman plans to invest profits from a recently completed rolling mill in the team. Media reports that IUD is also building a plant in Krasnodar manufacturing medium-density fiberboard (MDF) and hopes to conquer one-tenth of Russia’s market.

PHL

www.kyivpost.com

$ 651 million

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Volodymyr Boiko, 72 Married with one daughter Interests: metallurgy, agribusiness

2010 was the year when the down-to-earth Mariupol native finally lost control of leading steelmaker Illich. Boiko, who has spent his entire working life at the factory, struck a deal in July with Metinvest, owned by Ukraine’s richest man Rinat Akhmetov, which gave the new owner a 75 percent stake in the company.

Illich had been in trouble for a while, struggling with its external dependence on supplies of coking coal and iron ore and the government’s failure to return millions of dollars of value-added tax. Akhmetov stepped in after shady Russian investors claimed they had taken over the plant, and Boiko, one of the last “red directors” of huge ex-Soviet factories, cried raider attack.

“There really was no way out,” Boiko told Dzekalo Tyzhnia weekly after the deal.

Boiko remains as general director of Illich, but with a hugely reduced, minority stake.

$ 600 million

20

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12 Ukraine’s Richest

Waiting games, it seems, have served Yurkevych well. He still has interests in Bankomsvyaz, which started off in 1992 in the import-export business but now is an information technology company.

Bankomsvyaz imported everything from juice to canned fish and exported machine-building equipment through barter deals.

Yurkevych is also a board member of a commercial and residential real estate development company and has interests in six supermarkets. He entered the dairy business in the late 1990s but soon got ahead of himself after purchasing assets without having enough operating cash to run Milkiland.

So how does he feel about his net worth?

“Everything in life is relative,” he told Delo newspaper when the world economic crisis hit in 2008. “Tomorrow an accident can happen, politics can change, and everything can change completely.”

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Courtesy photo

As Ukraine’s fourth-largest dairy producer, Anatoliy Yurkevych had the nerves and wits to wait for a better deal when the first one came around.

When Ukraine’s dairy production was down 5 percent in 2009, Focus magazine reported that Yurkevych was engaged in talks to sell a 25 percent stake in his diversified Milkiland dairy company for around $40 million to the European Bank of Reconstruction and Development.

Apparently, negotiations went nowhere despite the company needing liquidity to operate new acquisitions.

Nonetheless, Milkiland on Dec. 6 became the latest company to go public this year selling 22 percent of its shares on the Warsaw stock exchange, raising $78 million. In addition, the company said it wants to take over a Russian cheese factory and modernize currently-owned facilities.

$

589 million

Sergiy Tigipko, 50

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Married with four children Interests: public service, banking

$ 552 million

$ million Valeriy Khoroshkovsky, 41 568

Married with two sons and one daughter Interests: metallurgy and media Like many government officials and lawmakers, Valeriy Khoroshkovsky is widely accused of never really leaving the boardroom – nor has he ever been far from the epicenter of political power. His boyish good looks and charm, and fluent English, seem in contrast to the apparent flaw that dominates questions at his press conferences: “Does he not have a conflict of interests?”

Khoroshkovsky has traded metals, sold furniture, owned a bank and run a Russian steel company, and today controls U.A. Inter Media Group, which has nine TV channels under its control, including the nation’s main one – Inter.

He has also unsuccessfully and successfully run for parliament, served in a number of advisory roles, first to the cabinet, then as aide to a prime minister, was first deputy head of the presidential administration, economy minister, and head of the Ukraine’s customs service.

Today, he is the nation's top spy as head of the Security Service of Ukraine and, until recently, sat on the High Council of Judges that appoints and fires the nation’s judges.

Conflict or not, Khoroshkovsky certainly has both money and power.

Yaroslav Debelyi

Anatoliy Yurkevych, 42 Married with two sons and one daughter Interests: agribusiness

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December 17, 2010

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Heorhiy Skudar, 68

$ 552 million

Married with two daughters Interests: heavy machine building

Yaroslav Debelyi

It’s been a year of ups and downs for the businessman-cum-politician. It started with a spot on the front cover of Men’s Health, an expensive advertizing campaign and third place in the first round of the presidential election with 13 percent of the vote. He translated votes into power by becoming deputy prime minister in charge of economic reforms.

The former central banker – who scored big by selling his bank to Swedbank Group in 2007 for nearly $1 billion – subsequently led negotiations with the International Monetary Fund to secure a $15 billion standby loan to prop up the country’s finances. But the drafting of Ukraine’s tax code, which he originally took charge of, hurt his image.

Many smaller entrepreneurs complain

that it was skewed in favor of big business. Despite trying to innovate by holding primaries ahead of local elections in November, the public gave his party a beating at the ballot box, with exit polls putting him at 6 percent.

If this downward slide continues, perhaps his career crisscrossing the boundaries of politics and business will head back the other way.

Heorhiy Skudar’s Novokramatorsk Machinebuilding Factory this year continued to suffer from the world economic crisis, with workers at his plants making heavy equipment for mining cing layoffs companies and metallurgical plants facing and pay reductions in 2010. ty of Elected to parliament from the Party ith Regions in 2007, Skudar has worked with o the president and new government to mitigate the effects of the downturn and drum up new business. Top customers of Novokramatorsk in the past have included Rinat Akhmetov’s Azovstal and Kostyantyn Zhevago’s ore mining business.

Yaroslav Debelyi

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Ukraine’s Richest 13

Olha Nechytailo-Ridzhok, 57 Mother of one son Interests: alcohol production

$

520 million

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Valentyn Isak, 59 Married with two daughters Interests: real estate development, investments Valentyn Isak is co-owner of Stolitsa, a real estate developer that suffered heavy losses last year. The economic downturn, however, did not prevent him from completing his Dream Town shopping mall at the end of 2009. Focus magazine reported in early 2010 that Isak had invested more than $12 million in the Kyivmiskbud construction company to complete his company’s other unfinished construction projects.

Isak hails from Moldova, where in 1973 he graduated from the Chisinau Polytechnic Institute with a degree in architecture. He worked as an architect in Moldova before taking a job at Kyiv’s bureau of architecture, Kyivmiskproyekt, in 1984. Following the collapse of the Soviet Union, Isak founded his own private bureau, Visyak.

What does it take to become the richest Ukrainian woman? The most obvious answer is marrying the richest Ukrainian man. But this is far from what Olha Nechytailo-Ridzhok did.

Instead, she in 1992 traded a cozy and potentially lucrative job as deputy mayor of Gorlivka, in Donetsk Oblast, to help her son Svyatoslav set up his private enterprise Bayadera, a company specializing in selling imported alcohol, cigarettes, chocolate and chewing gum.

Eighteen years since mom Nechylailo-Ridzhok stepped in, Bayadera has grown into the leading Ukrainian alcohol producer, a group of companies producing and distributing 12 brands of vodka and wine in Ukraine and Russia. The Nechytailo-Ridzhoks are also active in retail, as their chain of discount supermarkets, Eko, has 68 stores in 24 cities of Ukraine. It is one of the few

$ 471 million

now deals with top brands. Johnnie Walker, White Horse, Baileys and Smirnoff are just a few of her exclusive distributorship deals.

Yevhen Sihal, 55

$ 474 million

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retail businesses that kept growing even during the crisis.

Baydera’s leading brand Khlibny Dar must be a matter of special pride for Nechytailo-Ridzhok as one of the top-three selling vodkas in the country. This means that thousands of liters of vodka bought every week by Ukrainians (let’s face it, mostly men) were produced by Ukraine’s richest woman.

Nechylailo-Ridzhok isn’t even thinking of slowing down, as in April, Bayadera announced adding more facilities to its production plant in Cherkasy Oblast.

When it’s completed in 2012, the current capacity of 54,000 bottles per hour will increase by more than 50 percent.

Interestingly, Nechytailo-Ridzhok hasn’t forgotten her kiosk background, as she still deals with distributing imported spirits. Only, instead of the no-name booze that ruled the market in the early 1990s, she

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Married Interests: agribusiness

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Yevhen Sihal’s chicken business took such a hard hit during the global financial crisis that he didn’t make Ukraine’s 50 richest list in 2008. But he’s back again, and his eyes are set on the world’s largest market in the European Union.

Sihal’s Havrylivski Kurchata brand of chickens received a clean bill of health this year from a European Commission inspection body. Now the Ukrainian government has to catch up by enacting and enforcing veterinary legislation that meets EU-import standards.

Sihal is in a tough line of business. Ukrainian poultry farms aren’t protected by quotas and customs duties, which saw U.S. chicken imports to the country increase 2.5 times in 2009. This is because former Prime Minister Yulia Tymoshenko allowed cheap chicken imports into the country to halt rising prices in summer 2008.

Sihal appears to have weathered the storm highlighted by the opening of 600 franchises during the last two years. He today controls a large chunk of the poultry market – around 17 percent – second only to Ihor Kosiuk’s Mironovsky Khlib Product, his main rival, which has also passed European Commission export-readiness inspections.

Set up in 1998 Sihal’s Agromars has 13 breeding farms with about one million breeding chickens and 37 broiler farms with nine million broiler chickens. It also operates a slaughtering and poultry processing facility and has two mixed fodder factories.

Sihal was recently expelled from the opposition Yulia Tymoshenko faction in parliament after voting in favor of the controversial tax code in parliament.

14 Ukraine’s Richest

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Ihor Dvoretsky, 47 Married with one daughter Interests: investments, banking, pharmaceutical distribution, sports

$ 442 million A banker from Zaporizhia, Ihor Dvoretsky controlled Zaporizhstal steel plant with his partners until they sold a majority stake to Russian investors earlier this year. He has his fingers in many other pies. He is regarded as the brains behind IndustrialBank and Express Bank, which outperformed analysts’ predictions in 2010. One sweet deal allows Express Bank to take commission from all train tickets sold online by the state railway company – a nice little earner in the years to come, no doubt.

www.kyivpost.com

December 17, 2010

focus.ua

A native of Russia’s Kamchatka peninsula, Dvoretsky is an engineer by education who turned banker in Ukraine during the early 1990s. He became a shareholder and member of Zaporizhstal’s advisory board in 1999. In addition to his banking investments, the entrepreneur is cofounder of the regional pharmaceutical distributor, Elitpharm, and benefactor of the Zaporizhia Oblast’s most successful soccer club, Metallurg.

Vyacheslav Bohuslayev, 72 Married with one son Interests: airplane motor construction

“Motor Sich saves the market’s face once again,” read the headline of a research note from investment bank Dragon Capital in December. While many of Ukraine’s companies have suffered during the crisis, Motor Sich, headed by Kazakhstan-born Vyacheslav Bohuslayev, flew in the face of it.

The good news that boosted the company in December was that the new tax code exempts the aerospace industry from income tax until 2020. Good news for Bohuslayev, who was able to make sure the code was adopted, given his seat in parliament on the Party of Regions list.

Motor Sich, a producer of airplane and helicopter engines, has been getting plenty of orders. For example, China put in for 60-100 engines for training and combat jets in November, and Russia ordered four helicopter engines in October.

Bohuslayev graduated in 1965 from Zaporizhia Machine-building Institute, specializing in aircraft engines, with a degree in mechanical engineering. He returned to Zaporizhia as a design engineer and worked his way up to general director of the Volochisk machine works. Since 1994, he has headed Motor Sich, where his son also works as an engineer.

Oleksandr Slobodyan, 54

$

Married with one daughter and two sons Interests: Beer breweries In a beer market dominated by multinational brewers, Oleksandr Slobodyan has held his own. Running Ukraine’s first privatized company and last independent, mass production brewery in Obolon, Slobodyan has long led Ukraine’s beer market, only relinquishing first place in 2009 to Sun InBev ill a strong 32 Ukraine with still ng in output percent showing share.

Being by far Ukraine’s largest exporter of beer – 80 percent of all beer exported from Ukraine – Obolon brewery has suffered rative in its most lucrative export markett of ise Russia, as excise ve taxes there have st increased almost three times.

Now it could suffer further as the new tax bill foresees a 25 percent export tax hike UNIAN

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Eduard Shifrin, 50

437 million

on beer.

The nation’s brewer said that the government’s hopes of boosting its revenues with a hike on the tax on beer would merely hit the profits of brewers, which in turn would red reduce corporate tax receipts.

Still, the brewery in 2009 opened malting plants in tw two oblasts and launched three ne new beer sorts under the Zibert trademark in Fastiv, Kyiv Oblast w whose facilities underwent large-sca large-scale remodeling, and received receiv advanced boilers and bottling lines lines.

A member of pa parliament with th the Our Ukraine – People’s SelfD Defense faction, Slobodyan is bent on regaining the number one position on the beer m market.

$ 441 million

Married with three children Interests: metallurgy, property

$ 409 million

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Eduard Shufrin and his co-owners of Zaporizhstal steel mill pulled off a daring move by pulling out of a deal to sell the top-five Ukrainian steelmaker to Rinat Akhmetov, the country’s richest man. Instead a controlling stake went to Russian investors, backed by state-owned Vneshekonombank, and Akhmetov got a $50 million pay-off as compensation for missing out on the deal.

At the end of 2008, Shifrin split his business with his partner, Soviet-born Canadian national Alexander Shnaider. In Russia, Shifrin was left with a portfolio of 1.6 million square meters of commercial, residential and hotel property. The largest projects were frozen, owing to a lack of resources. The Canadian and Dominican side of the business went to Shnaider. In Ukraine they sold the MD Retail chain and the Kharkiv-based distribution company Ns Ltd. According to Forbes magazine, Shifrin resides in London, where he busies himself with maintaining relationships with Ukraine’s elite, philanthropy in the Jewish community and leisure sports like waterskiing and horseback riding. The Ukrainian native hails from Dnipropetrovsk and earned a PhD in metallurgy from Moscow’s Institute of Steel and Alloys.

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$ 409 million

Ukraine’s Richest 15

Oleksandr Gerega, 50

UNIAN

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Married with one son Interests: home improvement, retail sales

Married with one daughter and two sons Interests: metallurgy Artur Abdinov and his partners, including No. 31 Eduard Shifrin and No. 28 Ihor Dvoretsky, controlled Zaporizhstal, Ukraine’s fourth-largest producer of steel, until Russian investors bought a controlling stake earlier this year.

He also reportedly owns stakes in several enterprises in Zaporizhia Oblast, including the soccer club Metallurg, Industrial Bank and Zaporizhkoks, which all weathered the economic crisis during 2009.

UNIAN

According to his resume, Abdinov spent most of his career working as a banker, first for Zakhidprombank and Lisbank, and later for the Zaporizhia-based Sloviansky Bank, which was liquidated during the early 2000s.

Abdinov also serves on the advisory board of MT Bank and Industrial Bank, which is co-owned by Ihor Dvoretsky – No. 28 on the 50 richest Ukrainians list.

Leonid Yurushev, 64 Married with two daughters Interests: banking, steel production, land development, hotel industry Leonid Yurushev in 2009 sold a controlling stake in his Forum Bank to German Commerzbank for $600 million, and another 26 percent stake in March 2010.

He is widely reported to have invested some of the money in construction projects undertaken by Yaroslavov Val, which built the Intercontintental Hotel in downtown Kyiv. Yurushev also owns Scandinavia, a company that supplies Ukraine with fish.

A native of Donetsk, Yurushev reportedly was close to the former owner of the Donetsk Shaktar football club Akhatiya Bragin and left Ukraine in 1995 for five years after he was murdered.

Yurushev has amassed a fortune since returning to Ukraine, with business journals consistently listing him among the richest Ukrainians since 2006. In addition to owning stakes in the Kryukivsky Wagon Car Construction plant and the

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$ 400 million

$ 364 million focus.ua

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h owns Kremenchuk Steel Plant, Yurushev or controls another 15 companies, including Unibudinvest.

Petro Poroshenko, 45 Married with four sons Interests: confectionary business, shipping, media

$ 382 million

Petro Poroshenko iss a businessman who is crisis crisis-resistant. resistant. After all, no matter how tough life will ways eat sweets, drink beer and ride Bohdan minibuses – yellow get, people will always wn as marshrutki.i vehicles, better known aving a diversified portfolio, Poroshenko has managed to In addition to having avoid any potential conflicts with the new government. (A Kyiv Post reporter eaving the office of Serhiy Lyovochkin, the presidential recently saw him leaving f.) Poroshenko’s name is even occasionally mentioned as administration chief.) a possible successorr to Sergiy Tigipko, if the latter is ever made a scapegoat conomic reforms. for the failure of economic Poroshenko ownss one of Ukraine’s most balanced TV channels – Channel ms Service this year charged one of Poroshenko’s compa5. Ukraine’s Customs he ban on grain exports. Ironically, the exporter turned nies with violating the any behind Channel 5 TV. As a result, people nickout to be the company n company “The First Grain Channel,” parodying named his television tion Channel,” its official slogan.

“The First Information ecember Poroshenko in December uld purannounced he would nt stake chase a 60 percent based in the Sevastopol-based Sevmorzavod – a shipyard servicing the Black n April Sea Fleet, which in was granted a 25-year extension of the naval base on the Crimean peninsula. The iteral meaning to deal gives a more literal Poroshenko’s abilityy to keep his business empire afloat.

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Artur Abdinov, 50

When Oleksandr Gerega opened his new DIY (do it yourself) hypermarket Epicenter late last year, he had plenty of reason to think that he’d done something important and big. The newly opened Epicenter covers an area of 56,000 square meters which, according to the Book of Ukrainian Records, made it the largest store of its kind in the world.

Many people holding such enormous property would stop and take it easy, but obviously that’s not for Herega. This year he added three more stores to his DIY network, which he founded together with his wife Halyna back in 2003, to make it 27 in total. Such expansion is easily explained: The crisis forced many middle-class Ukrainians to save on construction costs and renovate their homes themselves. Even by the most conservative forecasts, the market of construction materials and home improvement tools is set to start growing no later than early 2011, which makes the timing for Epicenter’s expansion nearly perfect.

The entry into the market of French retail giant Leroy Merlin, which by the end of 2011 plans to have at least two DIY hypermarkets in Ukraine, shouldn’t worry the Gerega family so much. After all, building the world’s largest DIY store took only six months, so as long as Ukrainians continue home improvements, their market leadership is safe.

16 Ukraine’s Richest

Vasyl Khmelnytsky, 44

349 million

$ 323 million

In 2008, online business website Liga called Khmelnytsky a “secretive billionaire.” One year later, the same publication would downgrade this Kyiv businessman to a “secretive millionaire.” Losing almost $1 billion of wealth this year hasn’t appeared to change Khmelnytsky’s habits, as he continues to shun media attention.

One possible explanation for this could be that Khmelnytsky’s business interests are so secure that there is no need for him to come out in public and open up. After all, his Kyiv Investment Group has stakes in such companies as Kyivkhlib, Kyiv’s largest bakery, Kyivvodokanal – the

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$ 310 million

Borys Kolesnikov, 48

UNIAN

Married with one son Interests: investment, real estate development

Yaroslav Debelyi

$

www.kyivpost.com

December 17, 2010

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city’s only provider of water -and Kyivgas, which supplies heat to residents of the capital.

Even if we don’t consider the rest of Khmelnytsky’s assets, such as Khreshchatyk Bank (used by the city administration to collect monthly utility payments), real estate, and pharmaceuticals, it is still clear why a person having interest in three companies starting with “Kyiv” never goes public.

Khmelnytsky simply doesn’t have to. That is, unless it would help him return to the billionaires’ club.

Vitaliy Antonov, 48 Married with two daughters and one son Interests: gasoline sales

Married with one son and one daughter Interests: public service, confectionaries, construction In a recent video greeting posted on YouTube, Ukraine’s second richest man, Ihor Kolomoisky, and number 47 Ihor Surkis, both in a very jovial mood, say hello to Borys Kolesnikov, “the great aviator and reformer,” as Kolomoisky put it.

The oligarch buddies who recorded the video standing next to a bar, jokingly refer to Kolesnikov’s work in the government, where he serves as the deputy prime minister and minister of infrastructure. Kolesnikov’s main responsibility is preparing Ukraine for the Euro 2012 soccer championship and modernizing Ukraine’s ailing infrastructure.

To ensure easier air travel, Kolesnikov has been actively lobbying for Ukraine to join the Open Sky program that will allow Ukrainian and European Union airlines to have easier access to each other’s airspace, which means cheaper air travel. This alone sounds like a major breakthrough, as Ukraine is notorious for its heavily monopolized and expensive air fares.

Perhaps Kolomoisky’s joking dig at Kolesnikov came because he wasn’t happy about the potential competition for his airlines: he controls Aerosvit, Dniproavia and Donbasaero.

Kolesnikov is not thinking of taking it easy, as in mid-December he promised Ukrainians the best infrastructure in Eastern Europe. Those who travelled at least 100 kilometers outside of Kyiv would know that following up on such a bold promise would be nothing short of a miracle.

Another miracle associated with Kolesnikov is that his Konti Group, one of the largest confectionary makers in Ukraine, controlling around 14 percent of the market, is obviously not suffering from a lack of attention from him. In the first nine months of 2010, it increased sales by almost one-third.

Volodymyr Zahory, 58 Married with one son and one daughter Interests: pharmaceuticals According to analysts at Dragon Capital, Volodymyr Zahory entered the elite club of Ukraine’s 50 richest people in 2009 at the height of the financial crisis. While other businessmen involved in real estate, banking and retail had their fortunes drop, Zahory, who controls Darnytsia pharmaceutical company, stepped in.

Time has shown that Zahory didn’t get to Ukraine’s top 50 by accident. The latest rating shows that his fortune more than doubled, which once again proves that pharmaceuticals is one of the most stable businesses, as people never stop buying medicines. n that making drugs is That doesn’t mean ness to be in. Having a safe and cozy business any against raiders’ defended his company attacks, he now has to deal with a new problem. After an almostt six-year court battle armak, Zahory lost the with his main rival Farmak, rights to manufacturee Korvalol – one of lar medicines, the Ukraine’s most popular number one choice for almost all the nation’s elderly in case of heart problems.

The negative rulingg means that nvest heavily Darnytsia will have to invest titor brand, in marketing a competitor Darvilol, hoping to win the hearts of at least some of Korvalol’s rewd busielderly users. But shrewd ows better nessman Zahory knows than targeting just one segment euticals market of Ukraine's pharmaceuticals n a year. The latest worth nearly $3 billion news on Darnytsia's corporate website announced the start of an online marketing campaign for Darnytsia’s new s. medicine for hangovers.

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$ 321 million

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When the crisis hit Ukraine in 2008-2009 businessmen reacted differently. Some completely froze their activities, cutting down their budgets and staff. Others complained loudly, demanding that the government rescue them, which often made things even worse, as it increased panic.

Vitaliy Antonov, whose company Galnaftogaz runs around 300 gas stations all over Ukraine under the brand OKKO, reacted differently. At the height of the crisis in 2009 Antonov announced he was selling around 20 percent of his company to the EBRD for nearly $50 million.

When asked why would he sell a company when prices were far from their peak levels, Antonov replied, “We have bought many land plots and want to keep our network [of gas stations] growing.”

The strategy seems to have worked. In the first half of this year, the company increased its revenue by more than 70 percent. Antonov has good reason to feel just as optimistic about his bakery business, Khlibprom, controlling around 8 percent of Ukraine’s market and increasing its revenue by over 30 percent.

Serhiy and Oleksandr Buryak, 44 and 40

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Serhiy is married with two children Oleksandr is married Interests: banking Fo the Buryak brothers, owners of Brokbiznesbank, Ukraine’s 13thFor lar largest bank, 2010 was the year of tax troubles. In March, Serhiy, the eld brother, lost his job as the head of the state tax administration. elder In December, Oleksandr, the younger brother, was expelled from the Yu Tymoshenko bloc parliamentary faction for supporting the new Yulia tax code that inspired nationwide protests.

Fortunately for the Buryaks their tax problems remained a political problem and did not affect their banking business. As of Nov. 1, Brokbiznesbank is rated 10th in Ukraine in terms of its financia results – above such international financial powerhouses as cial Serhiy Buryak (L) and Oleksandr Buryak Ra Raiffeissen Bank Aval and Ukrsotsbank.

This leads to the conclusion that instead of politics the Buryak bro brothers should concentrate on what they do best – banking. After all, this is the family tradition. Just two months ago their 72 72-year old father Vasyl finally retired from his post of deputy chairman of the board of the state-owned Oshchadbank, wh where he was one of the longest-serving members.

$ 299 million

www.kyivpost.com

Oleksandr Feldman, 50

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In a recent rating of Ukraine’s biggest debtors, compiled by the Mirror Weekly newspaper, Ihor Yeremeyev ranks third, owing around $176 million to banks. Not such good news for the businessman, a co-owner of Kontinium Group, with business interests ranging from dairy products to telecommunications and oil.

But it’s a bit premature to feel sorry for Yeremeyev. Even if worse things are to come, he could still pay off his debts and have some cash left – more than the majority of people earn in a lifetime.

But most importantly, one of Yeremeyev's assets, Kherson Oil Refinery, one of six in the country, is so potentially lucrative that it could make his life much easier. The catch is that it requires a major upgrade that costs around $800 million.

One of the main tasks for Yeremeyev, who wants to keep the refinery, is finding such an investor, and in one of his rare interviews he didn’t even exclude selling a controlling stake. “It must be a public company with clear rules of play,” Yeremeyev noted, talking to Delo business daily. “If we see that the company is not transparent, we won’t sell.”

Stepan Ivakhiv, 41

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Married with one son Interests: dairy products, oil business

Oleksandr Kardakov, 46

$

When Oleksandr Feldman isn’t watching his money grow, he monitors the Internet for xenophobic, anti-Semitic and violent content.

The president of the Jewish Committee of Ukraine cofounded the Institute of Human Rights and the Prevention of Extremism and Xenophobia with Amanda

Paul, an analyst from Brussels-based European Policy Center.

He’s also the founder of AVEK group, wh which unites around 50 companies, many of which are in his na native Kharkiv. The concern manages the legendary Barabash Barabashovo market there, a sprawling wholesale and retail market eequal to 150 football fields. Its 70,000 traders generate an annual revenues of almost $2.5 billion (Hr 20 billion).

Somehow he finds time to work as a member m of parliament and has reportedly hired a public rela relations firm to spiff up President Viktor Yanukovych’s image in Brussels.

Feldman was on Yanukovych’s side whe when he was ousted from power in the 2004 Orange Revo Revolution, but then switched his allegiance to Yanukovych’s nemesis, former Prime Minister Yulia Tymoshenko.

With Yanukovych back in power, Feldman today calls himself “ i n d e p e n d e n t .”

H He also penned an opop-ed in the Kyiv Post o on Nov. 4, strongly defend defending Yanukovych and h his government's policies.

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Mykola Tolmachev, 48 295 million

While the biggest news forYeremeyev and Ivakhiv’s oil business is looking for an investor for the Kherson oil refinery, the major development for WMG has already happened. The company in February merged with its main competitor, Halychyna, to create a company controlling no less than a third of western Ukraine’s dairy market. Ivakhiv and Yeremeyev own the biggest (60 percent) stake in the venture.

If the partners care to get together and celebrate, perhaps to mark their two decades as partners, they can book the posh Rixos Hotel in the resort town of Truskavets. After all, they own it.

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Married with two sons Interests: Internet technology, telecommunications, real estate development

$ 276 million UNIAN Until April, Oleksandr Kardakov was the hands-on manager of Oktava Capital, a group of companies working in information technology, distribution and real estate development. Now he’s focusing more on party-building within Sergiy Tigipko’s Strong Ukraine party.

As an information technology professional, Kardakov heads the party’s expert commission on innovation, putting his skills to use in proposing low-cost solutions to bring government closer to citizens.

His commission in September unveiled six national projects, which he said are ready for takeoff: a single online registry of social benefits, an electronic medical passport, distance learning, safety systems in schools, the “electronic city” and “safe city” projects.

“We’re proposing these social innovations which can be implemented with little financial resources. From a list of 50 innovations we chose six realistic ones that proved effective during pilot trials and have worked in other countries,” Kardakov said.

We especially like the “safe city” project, which aims to regulate traffic flows in cities. While it does not take IT knowledge to buckle up, new and innovative approaches to road safety in Ukraine are always welcome.

Married with two sons Interests: residential real estate development, agriculture People who closely follow real estate development in Ukraine know that Mykola Tolmachev gets the job done, notwithstanding credit crunches. He delivers on building projects when others freeze up. And that has meant sometimes resorting to bartering schemes in order to survive.

When Tolmachev received a $38 million (Hr 310 million) loan in February 2009 when banks were not lending, he refused to say who gave it to him and on what terms.

Gvardiya Magazine in November named him the “most responsible” builder for fulfilling investor and credi-tor obligations. For example, last yearr his TMM company completed con-struction of two residential complexess and is on the verge of completing fivee more projects in Kyiv and Kharkiv.

Only bureaucratic red tape hass

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Married with one son Interests: dairy production, telecommunications, oil

Married with one son Interests: trade, public service

$ 291 million

PHL

Ihor Yeremeyev, 42 $ 295 million

The stories of how the richest Ukrainians got started often can be worthy of a Hollywood movie. This is exactly the case with Stepan Ivakhiv, who together with Ihor Yeremeev, owns the Kontinium Group of companies.

The friends and partners started their business back in 1992 making leather jackets.

Almost two decades later, their joint business consists of nearly 30 companies, most of which sell gasoline and milk products, led by West Oil Group, known for its network of 371 WOG gas stations and the Western Milk Group (WMG).

Ukraine’s Richest 17

December 17, 2010

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$ 286 million held up his projects.

And Tolmachev keeps his word. In 2009 when construction was all but dead in Ukraine he found ways to get projects done. He told Korrespondent magazine: “We are exchanging property for building materials. That accounts for almost half of our turnover… People didn’t believe that the times of barter are returning. But they have returned, whether you believe it or not.”

We believe it, and so does BG Capital, which estimated that TMM will grow 30 percent this year in comparison to last year.

Tolmachev also puts his money where your mouth is. He is a majority shareholder of Sintal, an agribusiness that controls 100,000 hectares of land. Unperturbed by the global financial meltdown, Sintal went public in October 2010, raising $13 million.

18 Ukraine’s Richest

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December 17, 2010

256 million

Viktor Ivanchyk, 54 Married with two daughters Interests: agribusiness, banking

$

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270 million

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Sugar prices reached 25-year highs in 2009 and is expected to remain at elevated levels in the near term. This translates into wide profit margins for Viktor Ivanchyk and his Russian business partner Valeriy Korotkov, whom media have dubbed Ukraine’s “sugar kings.”

Impressive financials aside, Ivanchyk knows when he sees value, but more importantly he knows what to do with it. About half of his Astarta company income is derived from sugar sales. He owns lots of land – including an 180,000 hectare land bank – and sugar mills.

Ukraine’s land is richer than Europe’s which is why “it requires two to three times less fertilizer and technical input per hectare

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$ 270 million

46 Ihor Surkis (L) and Hryhoriy Surkis

than European soil,” Ivanchuk told InvestGazeta in February 2009.

The avid downhill skier also has reliable business clients selling more than 80 percent of his sugar to big industrial consumers such as Coca-Cola, Kraft Foods, Nestle, Vitmark, Slavutych, Wimm-BillDann, AVK, Danone and Sandora.

So what’s he been doing with his money? Re-investing and diversifying. Ivanchyk is now involved in cultivating milking cows and grows oilseeds and grain. And to keep his harvest fresh, he’s also started building two grain storage elevators. This looks like a sound strategy for a person who has witnessed his company’s revenues increase by more than 50 percent this year.

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Yevhen Chernyak, 41 Married with three sons Interests: liquor, construction, retail Not many know who Yevhen Chernyak is, but his Khortytsia vodka brand is known in 77 countries. Always fighting for first place in the local vodka market against globally positioned Nemiroff, Khortytsia sells around 80 percent of its products locally.

The company accounted for 22 percent of vodka sales in Ukraine in 2009. Its largest export market is Russia, where it has recently bought two factories. And despite a 58 per-

cent government excise hike on ethanol spirits, Khortytsia has managed to withstand the pressure. The company also owns the Blagoff vodka brand, Shustov cognac brand and the Oreanda winery. Chernyak’s companies also produce electrical filters and trade scrap metals.

Chernyak supports several charities, one of which buys Ukrainian Cossack artifacts abroad and repatriates them to a museum in Zaporizhia Oblast.

Ihor and Hryhoriy Surkis, 61 and 52

Tariel Vasadze, 63 For Tariel Vasadze, who controls UkrAVTO Corporation, one of Ukraine’s major car manufacturers and importers, 2010 ends on a slightly dramatic note. In early December, the businessman was expelled from Yulia Tymoshenko’s opposition parliament faction for supporting the tax code.

But who can blame Vasadze for not following party guidelines to oppose the measure, which most big businesses supported. Given the state of Ukraine’s auto industry, Vasadze is among those who probably needs an easing up of the tax regime the most.

Car sales in Ukr Ukraine during 2009 fell by a whopping whopp 72 percent.

According to the most optimistic expert estimates, in 2010 the market will remain we weak, mainly due to the continuing lack of credit offered by banks.

Despite the dow downturn, UkrAVTO still managed to ear earn a profit of Hr 5.2 million, which is largely credited to major cost-cutting and optimization.

Meanwhile Meanwhile, Vasadze has eve every reason to feel el elevated by his b business in Russia, whe where he controls several ca car dealers, including one of the top MercedesBenz deal dealers in Moscow and MB-Belyaev MB-Belyaevo, which managed to keep sale sales stable, despite a drop in sales during 2009.

Given that tha most analysts predict that in 2011 car sales will begin to recover, Vasadze’s long-term b business prospects look good. But to avoid furpolitica disappointment, ther political it’s perhaps better if he stays unaffiliated in parliament, as long as he can afford to do so.

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Hryhoriy is married with one son and one daugh daughter; Ihor is married with two daughters Interests: energy, sports, media

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$ 230 million

Brothers Ihor and Hryhoriy Surkis love soccer. The elder Hryhoriy runs Ukraine’s football governing body and has taken much of the credit for bringing the 2012 European Soccer Championship to Ukraine.

His younger brother, Ihor, has led the Dynamo Kyiv football team since 2002 referring to the team as his “family.”

But their love for the game hasn’t extended to success on the soccer pitch.

Dynamo Kyiv has been on the decline despite the return of star player Andriy Shevchenko to his home club and hopping aboard the Brazilian soccer player acquisition bandwagon. The national team hasn’t fared well either. It failed to qualify for the 2010 World Cup in a disappointing loss to mediocre Greece, and was embroiled in a scandal

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Married with one son and one daughter Interests: auto sales

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$ 238 million

earlier this year when its coach resigned after his club team in Kharkiv was found guilty of match fixing.

The Surkis’ other assets have done better. They have interests in electricity distribution companies and the TET television station. In September the brothers increased their stake in a Ivano-Frankivsk electricity supply and transportation company to more than 95 percent.

Since 2001, the two have been battling businessman Konstantin Grigorishin over ownership of electricity distribution companies. It looks like they kissed and made up. In February, Ihor Kolomoisky and Grigorishin gave them stakes in Lvivoblenergo and Prykarpattyaoblenergo. The brothers, in turn, relinquished their stakes in Chernihivoblenergo, Poltavaoblenergo and Sumyoblenergo.

Filya Zhebrovska, 58 Interests: Pharmaceuticals Filya Zhebrovska has spent the last three decades working in Ukraine’s pharmaceutical market at Farmak, the country’s leading drug producer, which she now heads.

Under her leadership, Farmak today makes over 10 percent of the drugs produced in Ukraine, including more than 200 drugs in various categories. The company in 2009 returned to growth, compared to a drop in sales a year earlier. Over the first six months of 2010, Farmak further improved retail sales, earning $19 million in net profits.

The Zhytomyr Oblast native started working for Farmak in 1980 as an accountant, moving up the executive ladder in the early 1990s to deputy director. She was named Farmak director in 1995 and has pursued her goal of making her company the country’s leading producer of pharmaceuticals through the introduction of state-of-the-art technology and improved productivity.

Zhebrovska is no stranger to politics. Her brother, Pavlo, is a lawmaker. Over the years she has lobbied lawmakers to enact legislation to simplify the registration of generic drugs. She is credited with convincing former President Viktor Yushchenko to veto legislation imposing price controls on drugs during the 2009 flu epidemic.

Lifestyle Play | Food | Entertainment | Sports | Culture | Music | Movies | Art | Community Events

December 17, 2010

Christmas ornament factory hits hard times, but spirit remains high

Out of 700-strong workforce, only 30 women are left to work in the Sovietbuilt Christmas decorations factory in the Kyiv suburbs. While many of them have been trained as cooks or nurses, they had to learn painting and glassblowing to make a living in Klavdiyevo-Tarasovo. (Joseph Sywenkyj)

BY Y U L I YA P OP OVA POPOVA@KYIVPOST.COM

In the United States, the miracle of Christmas is usually brought by Hallmark cards. In Italy, nativity scenes pepper many piazzas in anticipation of the festive season. In Ukraine, the holiday spirit is brought to life in a Soviet factory that makes Christmas baubles in conditions that would make Santa cry.

It takes one hour, not a single road sign and miles of blue pine trees along the highway to get to the Christmas decorations factory in the village of Klavdiyevo-Tarasovo west of Kyiv. Once a famous hub of festive tinsel from garlands to hand-blown glass ornaments,

it now has everything one wouldn’t expect to find in the magic factory.

Despite the wind blowing through its corridors, some 30 women, wrapped in wool to resist subzero temperatures, make Christmas baubles literally with their bare hands. “They are snow queens,� whisper students watching them at work. High school teachers organize regular field trips here in winter to spark the holiday spirit. But the theater of life played out in these derelict facilities reveals more than just a process of creating an ornament.

Founded in 1949, the factory produced glass syringes, flasks and other medical appliances for three years before being converted into the Æ22

A worker paints up to 30 Christmas balls during an eight-hour shift.

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Discover the literary genius of Ukrainianborn Jewish author who died in the Nazi camps Æ24 www.kyivpost.com y

DR. RICHARD RD STYLES

How to survive long winters in Ukraine: tips on saunas, alcohol use, vaccination Although late this year, winter seems to have arrived and I’m often asked for tips about good health over the festive period. Viral illness, of course, is more common during the winter period as we are often crowded together in hot offices, metro and shopping stores.

Flu vaccination really does work and helps to prevent the illness.

For smokers and those with other health conditions such as asthma, heart disease and bronchitis, it’s also a good idea, as all these background factors can cause the viral infection to be fiercer. There is a reasonable supply of Western vaccine in Ukraine, so now is a good time for a shot. If you are ill, treat yourself to a few days in isolation rather than spreading the virus.

Another problem in Ukraine is the high temperatures that exist in some apartments and even worse - the very low humidity that goes with them. This tends to make all respiratory illnesses worse and those with asthma and recurrent chest, ear and sinus infections will find adding some humidity to their apartment helpful. In general, viruses and bacteria love hot stable climates so a quick blast of cold damp air will work wonders against them.

While many Ukrainian girls are trained to run on snow and ice from an early age, for most of us the pavements in winter pose a huge hazard. I see a constant stream of patients with fractures from falls. I am sure the best prevention is steel Norra spikes, which clip onto the underside of your boots. They are a human equivalent of winter tires and work brilliantly. Certainly not looking at the girls running on ice also helps!

I think prolonged periods of cold do lower our immunity, so it’s important to keep well wrapped up. Below minus 12, you do need to cover as much skin as possible as frost bites are extremely painful, as well as damaging to our skin.

It’s hard not to go skiing or snowboarding in Ukraine. The Carpathians are beautiful in winter, and even the train journey west turns magical, once you learn the art of picnicking in your compartment. Do remember to do some pre-ski exercises to loosen up and ski within your ability. Those with back problems should avoid jumps and very bumpy patches, which cause considerable compression forces to our spines. Whilst we all appreciate the dangers of alcohol and driving, recent studies have shown that many serious ski injuries are linked with heavy alcohol intake, so perhaps it’s best to leave it for the evening. Æ26

www.kyivpost.com

December 17, 2010

(courtesy)

Friday, Dec. 24

A capella band

Monday, Dec. 20

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20 Seven Days

Sunday, Dec. 19

Children appreciate St. Nicholas Day the most as they usually get presents on the morning of Dec. 19. If they were naughty during the year though, the saint may punish them with willow branches placed under the pillows while they sleep. During the Soviet times, the celebration was suppressed by authorities along with many other religious occasions. But now St. Nicholas is back on the calendar. This day starts the long string of Ukrainian winter holidays.

To honor the tradition, pick up the kids and head to the Mamayeva Sloboda open-air museum. St. Nicholas will treat you with traditional biscuits, mykolaichyky, and perhaps some other presents if you behaved well throughout the year. Folk dance and song groups will provide the entertainment on the sprawling grounds of the ethnic museum, which is a perfect place for winter fun amid old churches, ponds and small huts.

Sunday, Dec. 19, 9 a.m., Mamayeva Sloboda, 2 Dontsya St., 361-9848, to book tickets (093) 872-4877, www.mamajeva-sloboda.ua. Tickets: Hr 10-40

Rolling Stones’ favorite duo Sisters Telnyuk, Halyna and Lesya, knew they belonged onstage from very early in life. Born to a family of Ukrainian poet and writer Stanislav Telnyuk, they grew up spoiled by classical art, literature and music. At the age of 13, the teenagers wrote their first song. Some 20 years on, they were collaborating with the Rolling Stones.

Guitarist Mick Taylor from the legendary band wondered what blues would sound like on a kobza, traditional Ukrainian music instrument. To find out, Halyna translated into Ukrainian the Stones’ “Love in Vain,” which Taylor and Lesya recorded playing the guitar and kobza.

The Telnyuks, however, are more about composing their own lyrics and music than collaborating with others. Expect a fusion of jazz, blues, folk and art rock on Monday, Dec. 20, 8 p.m., Kyiv Operetta Theatre, 53/3 Velyka Vasylkivska St., metro Respublikansky Stadion, 287-6257. Tickets: Hr 40-200

(gig.blog.net)

Saint Nicholas Day

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ManSound doesn’t need any musical instruments to make audiences swoon. The six men a capella band can stretch their vocal range from tweeting to imitating double-bass or drums. After tours across Russia, Iran and Europe, the band is back in Kyiv to spark the holiday mood with a concert of famous Christmas hits.

Onstage since 1994, ManSound won many international awards, so they should make for a good company on a Friday night.

Friday, Dec. 24, 8 p.m., National Music Academy of Ukraine, 11 Khreshchatyk St., 279-1242, www.mansound.com.ua (in Russian). Tickets: Hr 80-200

Saturday, Dec. 18

Best classical music picks A three-day festival of guitar music kicks off in Kyiv. Spanish guitarist Rafael Serralet will hit the strings to perform the best music by Spanish composers on the first day. Then, Italian Carlo Marchione will introduce the pieces by Italian composers. The final day will bring both Serralet and Marchione together with Ukrainian guitar players and Ukraine’s National Symphonic Orchestra for a complete emersion into the world of guitar.

Friday-Sunday, Dec.17-19, 7 p.m., National philharmonic, 2 Volodymyrsky uzviz, 278-1697. www.filarmonia.com.ua/en.

Tickets: Hr 10-70

Carols from Around the World, namely Ukrainian, French, German and even Caribbean, among others, will be spruced up by the Kyiv Symphonic Orchestra and Choir. Directed by Kyiv-based American conductor Matthew McMurrin, the group has some 130 musicians. During 17 years on stage, they’ve been touring around the world and giving concerts in many famous venues, including the Carnegie Hall in New York.

Monday, Dec. 20, 7 p.m., National philharmonic, 2 Volodymyrsky uzviz, 278-1697. www.filarmonia.com.ua/en. Tickets: Hr 10-60.

National chamber ensemble Kyiv Soloists will present their special Christmas selection of fine music pieces, including Mendelson, Paganini, and Schubert, among others. Conductor Dmytro Lohvyn is a much respected figure in the world of art and music. One of the highlights of his career is collaboration with Deep Purple. In addition to conducting, Lohvyn works as an executive director of modern art gallery PinchukArtCenter.

Thursday, Dec. 23, 7 p.m., National philharmonic, 2 Volodymyrsky uzviz, 234-5031. www.kyivsoloists.com (in Ukrainian). Tickets: Hr 10-60

Gogol Bordello frontman in Kyiv This is what we call expect the unexpected. Eugene Hutz, the leader of the famous gypsy-punk band Gogol Bordello, will fall on Kyiv, like the first snow, to DJ at Checking Balkan party.

Hutz is a native Ukrainian, born in a small town near Kyiv. His grandmother was a gypsy, and his dad was a rebel listening to Jimi Hendrix records despite the Soviet ban on Western music. When he was a teenager, Hutz’s family immigrated to the USA. In New York, Hutz conquered the music scene with crazy gypsy-punk music, which now claims millions of fans around the world.

Hutz also tried himself as an actor playing the main part in Madonna’s movie “Filth and Wisdom.” His debut though was alongside Elijah Wood in “Everything is Illuminated,” which tells the story of an American teenager discovering his Jewish roots in Odessa.

Saturday, Dec. 18, 10 p.m., night club Khlib, 12 Frunze St., metro Kontraktova Ploscha, 417-2546. Tickets: Hr 150-200

Compiled by Nataliya Horban

www.kyivpost.com

Movies

Live Music KYIV CINEMA 19 Chervonoarmiyska, 234-7381, http://www.kievkino.com.ua Flor Silvestre Dec. 17 at 7 p.m.

Bugambilia Dec. 18 at 7 p.m.

The Abandoned Dec. 19 at 7 p.m.

Young and adventurous woman, Gigola (L) chooses to please women in the French comedy ‘Gigola’ (www.paracine.fr) GIGOLA Language: French with Ukrainian subtitles Comedy. France (2010) Directed by Laure Charpentier Starring Lou Doillon, Marie Kremer, Thierry Lhermitte Born to a Catholic family, young woman George refuses to live like everyone else. In her teens, she falls in love with her female teacher, who eventually commits suicide.

Torn apart by her loss, George escapes reality giving herself up to the Parisian underworld.

Wearing a men’s suit, George becomes an escort for women only. Changing her name to Gigola, she offers extravagant pleasures in return for big money.

MEXICAN FILM FESTIVAL The festival celebrates the golden age of Mexican cinema between 1939 and 1959, when its quality and box office returns reached its peak. Dedicated to famous directors Emilio “Indian” Fernandes and Gabriel Figueroa, the program includes three films in Spanish with English subtitles. Although filmed during the Second World War, the works center on love and its complexities.

In “Flor Silvestre,” a son of a rich landowner marries a poor girl despite his father’s disapproval. Poor worker Ricardo leaves his home city in search of better jobs to eventually come back to his old flame, Amalia, as a rich man in “Bugambilia.” Prostitute Margarita thinks she can finally start over after she meets rebel general Juan Gomes in “The Abandoned”, but her savior is not everything what he says.

LEBANON Language: Hebrew with Russian subtitles Drama/War. Israel (2009) Directed by Samuel Maoz Starring Yoav Donat, Itay Tiran, Oshri Cohen The former tank gunner turned film director,

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December 17, 2010

Samuel Maoz, screened his own memories from the 1982 war between Israel and Lebanon. The film takes place almost entirely inside one tank as it makes its way through enemy territory. Soldiers lose control of the situation and fall into the whirlpool of violence. They plot on with the only desire to survive and go back home.

The film has been criticized for a one-sided portrayal of the conflict but was nevertheless awarded with the Golden Lion at the Venice film festival in 2009.

MIRACLE ON 34TH STREET Language: English with English subtitles Drama/Family/Fantasy. USA (1994) Directed by Les Mayfield Starring Richard Attenborough, Elizabeth Perkins, Dylan McDermott Six-year old Susan doesn’t believe in Christmas. Her mother told her a while ago that Santa Claus doesn’t exist, so she doesn’t expect much from the holiday until she meets one kind man. He claims to be real Santa, despite everyone calling him crazy. Susan makes friends with him and eventually learns that dreams can come true if you have faith.

A SINGLE MAN Language: English with Ukrainian subtitles Drama. USA (2009) Directed by Tom Ford Starring Colin Firth, Julianne Moore, Matthew Goode In 1962, it was hard to admit you were gay.

Teaching English literature in L.A., British native George struggles to come to terms with his partner’s death. His relationship with Jim lasted for 16 years but Jim’s family didn’t even allow him to attend their son’s funeral.

As he tries to get over his loss, he reminisces about his life with Jim. In the course of one day in November, he meets all kinds of people who just may help him to get the

ZHOVTEN 26 Konstyantynivska St., 205-5951 www.zhovten-kino.kiev.ua Gigola Dec. 17, 20-22 at 8 p.m.

Dec. 18-19 at 7:50 p.m., 9:40 p.m.

Exit Through the Gift Shop Dec. 17, 20-22 at 1:40 p.m., 3:15 p.m., 6:25 p.m.

Dec. 18-19 at 11:55 a.m., 1:30 p.m., 4:40 p.m.

A Single Man Dec. 17-22 at 4 p.m., 7:45 p.m. and 9:35 p.m.

MASTER CLASS CINEMA CLUB 34 Mazepy St., 594-1063, www.masterklass.org/eng Miracle on 34th Street Dec. 23 at 7 p.m.

YA GALLERY CINEMA CLUB 55/57 Voloska , 537-3351, www.yagallery.com.ua/akino/ Lebanon Dec. 21 at 7 p.m. answer he needs. Based on the novel of the same name by Christopher Isherwood, the film was directed and financed by clothing designer Tom Ford. The film is rich on 1960s’ memorabilia: from clothes to furniture.

EXIT THROUGH THE GIFT SHOP Language: English with Ukrainian subtitles Documentary/Comedy. UK (2010) Directed by Banksy Starring Banksy, Thierry Guetta, Space Invader An eccentric French shopkeeper becomes a documentary filmmaker in Los Angeles.

He wants to find a notorious British graffiti artist, Banksy, and befriend him. Banksy, however, is a tough cookie. His street art mocks politics, religion and social structures through witty visual images sprayed on the houses and pavements. He keeps his identity secret and doesn’t let camera capture his face. His real name is believed to be Robert or Robin Banks. Dubbed as the world’s first street art disaster movie, the film contains exclusive footage of Banksy, Shephard Fairey, and Invader, among many other famous graffiti artists at work.

Russian rockers Bratia Karamazovy will hit Kyiv on Dec.17. (Courtesy)

ART CLUB 44 44B Khreshchatyk St., 279-4137, www.club44.com.ua Concerts traditionally start at 8 – 10 p.m.

Dec. 17 Marakesh, Hr 50 Dec. 18 Raving Saturday: Bangladesh orchestra, Hr 50 Dec. 19 Soiuz 44 Jam Session, Valo4life, Dima Kadnay, Hr 30 Dec. 20 Seni Bekirov’s Quintet, free admission Dec. 21 Winter Jazz Nights: Christmas Open Jazz Mic., Hr 40 Dec. 22 Vexlarsky Orchestra, Hr 50, Reggae Party, Hr 20 Dec. 23 Balkan Party, Hr 20 DOCKER’S ABC 15 Khreshchatyk St., 278-1717, www.docker.com.ua Concerts traditionally start at 9:30-10 p.m.

Dec. 17 Motor’ Rolla, Chill Out, Hr 70 Dec. 18 Goodlife, Red Rocks, Hr 50 Dec. 19 Vostochny Express, free admission Dec. 20 Second Breath, free admission Dec. 21 More Huana, Hr 30 Dec. 22 The Magma, Hr 40 Dec. 23 Red Rocks, Hr 40 DOCKER PUB 25 Bohatyrska St., metro Heroyiv Dnipra, www.docker.com.ua Concerts traditionally start at 9:30-10 p.m.

Dec. 17 Bratia Karamazovy, Red Rocks, Hr 70 Dec. 18 Lampasy (Russia), Ruki v Briuki, Hr 70 Dec. 19 Foxtrot Music Band, free admission Dec. 20 Lemmons, free admission Dec. 21 Tres Deseos Latino Party, Hr 30

Dec. 22 Rockin’ wolves, Hr 30 Dec. 23 Underwood, Angie Nears BOCHKA PYVNA ON KHMELNYTSKOHO 4B-1 Khmelnytskoho St, metro Teatralna, 390-6106, www.bochka.com.ua Concerts traditionally start at 9-10 p.m.

Dec. 17 True Colors Dec. 18 New Year Rehearsal Party: Lucky Band, Tres Deseos Dec. 19 3D Mambo Project, Hr 40 Dec. 22 Carte Blanche Dec. 23 Zavodnoi Apelsin PORTER PUB 3 Mazepy St., 280-1996, www.porter.com.ua Concerts traditionally start at 7:30 p.m.

Dec. 17 Gravity, Dec. 18 Juke Box Dec. 22 Maks Tavricheski Dec. 23 Yuhym Dym Other live music clubs: PIVNA NO.1 ON BASEYNA, 15 Baseyna St., 287-44-34, www.pivna1.com.ua JAZZ DO IT 76A Velyka Vasylkivska St., 599-7617, http://jazz-doit.com.ua DRAFT 1/2 Khoryva St., metro Kontraktova Ploshcha, 463-7330 KHLIB CLUB 12 Frunze St., www.myspace. com/xlibclub CHESHIRE CAT 9 Sklyarenko St., 428-2717 O’BRIEN’S 17A Mykhaylivska St., 279-1584 DAKOTA 14G Heroyiv Stalinhrada St., 468-7410 U KRUZHKI 12/37 Dekabrystiv St., 562-6262.

Compiled by Alexandra Romanovskaya and Svitlana Kolesnykova

22 Lifestyle

www.kyivpost.com

December 17, 2010

Christmas balls conjured by workers in frigid temperatures Æ19 Christmas plant. Struggling to keep production going amid the growing chaos of the post-Soviet economy in 1990s, the factory, as many others at that turbulent time, was sold to the private company based in Lviv. Of 700 workers, eventually only 30 were left to run the plant.

“No more pine trees, decorations, Father Frosts or Snow Maidens,” says Raisa Sidakova, 59, recalling all the toys she used to make, having started work here at the age of 18. Christmas balls of different sizes make up the only variety at the factory these days.

Glassblower Sidakova comes in at 8 a.m. and blows 180 balls on average during her eight-hour shift. Wearing several layers of clothes and a knitted green hat, she sits in front of a metal tap that spews out gas. Dipping a glass pipe into the flame, she bends over the equipment watching it melt. Before the glass starts dripping, she lifts the misshapen form and gently blows through one end of the pipe for three seconds until the melt becomes a crystal bubble. It looks as easy as blowing up an air balloon if you discount the 650 C stream of gas and no protective gear.

“Women here used to wear special glasses, but I never needed it. I have my own,” she says pointing to a regular pair of spectacles. Along with seven other women in the room the size of a football pitch, she doesn’t even notice the biting frost, in which even a pen freezes.

“We are like walruses,” says Sidakova, laughing. She sounds upbeat and merely thankful to be allowed to work even after retirement. “It’s all for the children.”

In November through January, school trips run one after another.

Factory workers take turns to guide students through three workshops – glassblowing, silvering and handpainting. Other floors, once pumping with equipment conjuring up toys and Christmas trees, have nothing left but ragged Communist banners encouraging workers to toil harder.

Guiding some 30 students from Kyiv school number 175, an old mechanic wrapped in a heavy pea jacket starts off his tour by holding up a glass pipe. “We buy it from Poland, as well

Built in 1949, the Christmas decorations factory near Kyiv is now a shadow of its past glory. Some 30 workers continue working in the facility, which has no proper heating. One of glassblowers, Zinaida Sidakova (top L), however, still considers the factory ‘the pride of Ukraine.’ (Joseph Sywenkyj)

as paint, silver and..,” he stumbles.

When a kid enquires what’s ordered in Ukraine, he seems even more confused. Searching through his memory, he finally lights up: “Glue! The glue’s made in Ukraine.”

On the glass-blowing floor, children melt in awe. Some film the process with their mobile phones costing as much as a glass-blower makes in a month, which is roughly Hr 2,000.

When they leave, one of the workers lights up a cigarette saying, “it’s always nice to see their faces.”

In the silvering room, another worker fills transparent baubles with a special solution and then dips them into another chemical, which turns them silver.

When the children finally bundle into the shopping area, which looks more like an abandoned hospital than Santa’s fairyland, the holiday frenzy fills the air. Pushing and shoving, they gaze at some 10 boxes with hand-made balls with simple drawings of rabbits and flowers decked on a few tables.

To service all of the young custom-

ers, the director of the factory steps in to help a sales woman. “One of our baubles costs 10 euros in Germany, but here it goes for only one euro,” says Oleksandr Sarkisyan. A former communist party member, he started working in Klavdiyevo 15 years ago.

From blowing and painting some 500,000 balls a year, the company earns around Hr 1.5 million. “It’s not enough to hire more people and expand production,” said Sarkisyan.

“But even if we wanted to, it wouldn’t be possible. No one wants to be a glass-

blower these days.”

To liven up the holidays, the factory runs its little shop and excursions for the children. The money collected goes into a wooden till that looks more like a piggy bank for a rainy day. This is their miracle of Christmas, which happens only in winter when children come in on excursions.

And as for the Christmas trees, many workers said they don’t put them up any more.

Kyiv Post lifestyle editor Yuliya Popova can be reached at popova@kyivpost.com

www.kyivpost.com

December 17, 2010

World in Ukraine

Editor’s Note: The Kyiv Post continues its “World in Ukraine” series with a look at Kazakhstan as it celebrated its 19th year of independence on Dec. 16. Australia, Portugal, and South Korea are some of the countries to be featured in future installments. To advertise or to become a sponsor, contact advertising@kyivpost.com

Oil, gas and much more drive Ukraine, Kazakhstan relations

BY K AT YA G R U S H E N KO GRUSHENKO@KYIVPOST.COM

There are at least three things most people know about Kazakhstan, even if its name blends with many other “stan” countries in Central Asia: The film “Borat,” oil and gas and the world’s largest space launch center.

Bordering both Russia and China, among others, Kazakhstan has abundant economic opportunities for its 15.5 million people, but most wealth is still powered by large crude oil reserves.

Ukrainian businessman Maksym Balanchuk went to Almaty, Kazakhstan’s largest city, to explore its untapped opportunities. “Kazakhstan is a rich country: It has the whole periodic table of chemical elements embedded in its land,” Balanchuk said. “But when it comes to advanced informational technologies and financial markets, they are far behind.”

Balanchuk pitched a software program to a couple of higher institutions, which teaches how to trade on the world’s foreign exchange markets.

Developed by Kharkiv’s information technology specialists, the program Gelan Trawler was purchased by the Almaty financial training centers and a business school. Balanchuk, the Mykolayiv entrepreneur, evidently found the venture profitable enough for him to talk of returning.

President Viktor Yanukovych would probably agree with Balanchuk. Trade between Ukraine and Kazakhstan

Kazakhstan at a glance: Government type: republic; authoritarian presidential rule, with little power outside the executive branch. Nursultan Nazarbayev has been the president of Kazakhstan since the country gained its independence from the Soviet Union on Dec. 16, 1991.

Area: 2.7 million square kilometers – the world’s 9th largest country Population: 15.5 million.

Ethnic groups: Kazakh 53 percent; Russian 30 percent, Ukrainian 3.7 percent Religions: Muslim 47 percent, Russian Orthodox 44 percent, Protestant 2 percent.

Economic facts: Exports: • $43.84 billion (2009) • $71.97 billion (2008) • Exports – commodities: oil and oil products, ferrous metals, chemicals, machinery, grain, wool, meat, coal • Exports - partners: China, France, Germany, Russia, Ukraine, Imports: • $28.77 billion (2009) • $38.45 billion (2008) • Imports - commodities: machinery and equipment, metal products, foodstuffs • Trade with Ukraine: • $4.9 billion (2008) • $3.5 billion (2009) Sources: CIA Fact Book, State Committee of Statistics

Kazakh President Nursultan Nazarbayev (L) and his Ukrainian counterpart Viktor Yanukovych met four times this year. With lucrative oil and gas contracts in mind, Yanukovych plans to make more trips in 2011. (UNIAN)

reached $4.9 billion in 2008, making this Central Asian state Ukraine’s eighth biggest trading partner. Ukrainians supply metals and machinery in exchange for Kazakh chemical and agricultural production. In 2009, however, the trade dropped by 10 percent.

Having already paid three visits to the capital of Kazakhstan, Astana, since his election to office, Yanukovych is on a mission to secure direct gas contracts with Kazakhstan to feed Ukraine’s energy-dependent heavy industry. currently, Russia buys cheaper gas from Central Asia, mixes it up with its own and then exports it to Ukraine for a higher price.

“Because the gas pipeline goes through Russia [from Kazakhstan], we need Russia’s good will [not to oppose the direct sale]. But Russia doesn’t agree because it’s not profitable for them,” said energy expert Dmytro Marunych.

Yanukovych hosted Kazakh President Nursultan Nazarbayev in Kyiv earlier this year. The 70-year-old Nazarbayev has ruled the ex-Soviet nation since the late 1980s and has declared himself ruler for life, even after he leaves office.

But people wondered if he has immortality in mind when he instructed scientists this month at a newly opened research center to develop ways to reverse the aging process.

The Yanukovych-Nazarbayev meeting led to a number of intergovernmental agreements in spheres ranging from economy to education. Yet oil and gas are at the forefront of KazakhUkrainian negotiations, the details of which are rarely released to the public, experts say.

Ukraine’s thirst for oil, however, isn’t the only factor binding the two nations. At the end of the 19th century, Russian tsars gave landless Ukrainians land plots in Siberia and northern Kazakhstan. Dubbed Grey Ukraine, these lifeless steppes, almost the size of Argentina, became home to tens of thousands of Ukrainian colonizers.

The 20th-century history of Ukraine

and Kazakhstan share a few painful chapters. In an effort to quash national identity and breed collectivization, Joseph Stalin executed and exiled millions of Kazakhs and Ukrainians from their native land in 1930s, among many other ethnicities in the USSR. At the end of 1940s, many of those who survived hunger in Ukraine were sent to labor camps in Siberia and Kazakhstan.

According to the 2009 census, there are more than 300,000 Ukrainians living in Kazakhstan now, making up one of Ukraine’s largest diaspora in the world.

For Balanchuk, it’s one of the key points to success.

“Kazakhs speak Russian and are friendly to us. They treat Ukrainians as their brothers,” he said.

In Ukraine, however, Kazakh diaspora pales in comparison to the Ukrainian community there. According to the 2001 census, there are just some 5,000 Kazakhs in Ukraine, many of whom settled here after receiving their education during the popular Soviet exchanges in the 1980s.

Since Ukrainian universities stopped teaching in Russian, Kazakh students turned to Russia. “Ukrainian is a little hard to learn,” said Ersin Raisov, a graduate student at Ivano-Frankivsk National University of Oil and Gas. He’s one of the few applicants who braved Ukraine “simply because there are not enough universities at home.”

Although born in the land bursting with oil and gas, Raisov chose a Ukrainian school to teach him the mechanics of this industry. Raisov came over to Ivano-Frankivsk five years ago.

“I found a Kazakh carbohydrates company that agreed to pay for my education,” he said.

Powered with a Ukrainian degree and education, Raisov - just like Mykolayiv businessman Balanchuk, thinks there’s more opportunity for him in Kazakhstan.

Kyiv Post Staff Writer Katya Grushenko grushenko@kyivpost.com

Lifestyle 23

24 Lifestyle

December 17, 2010

www.kyivpost.com

Short, tragic life of Jewish writer comes out years later in her books

BY N ATA L I A A . F E D US C HAK FEDUSCHAK@KYIVPOST.COM

LVIV – Writer Irene Nemirovsky may very well be Ukraine’s undiscovered jewel.

Born in Kyiv in 1903 and meeting her horrendous death 39 years later in the Nazi concentration camp of Auschwitz, Nemirovsky left a body of work that remains mostly a mystery.

During her shortened life, part of which was spent in France, Nemirovsky published 14 novels that were both critical and bold.

Many of her works dealt with family conflict and a tumultuous Kyiv childhood. Some critics called her a self-hating Jew because her works often portrayed her own people negatively.

The paradox of Nemirovsky’s life is that, even though she was born a Jew, she died a Christian.

Denise Epstein, Nemirovsky’s daughter, visited Ukraine this fall to talk about a mother who persevered even in death. Eight books were published after the author died, including “Suite Francaise,” a book written as Hitler’s army occupied France and may be considered her masterpiece. Another work “Vin de Solitude” was translated

‘Suite Francaise’ about Hitler’s occupation of France may be considered Irene Nemirovsky’s masterpiece.

ÆKyiv native Nemirovsky was killed in a Nazi camp in 1942, but her novels live on promoted by her 81-year old daughter. into Ukrainian earlier this year. A profoundly personal account, it gives the reader an insight into Nemirovsky’s childhood and life in Kyiv before the Russian Revolution.

The author was born in Kyiv into a life of privilege to a banker father and an angry mother. Their complex relationship subsequently became the focus of many of her works. The family fled the Russian empire at the revolution’s outbreak in 1917, spent a year in Finland and then settled in Paris.

Nemirovsky attended the Sorbonne and started to write at 18.

Having married Michel Epstein, also a banker, she gave birth to daughters Denise and Elizabeth. By the time she was murdered by the Nazis in 1942, Nemirovsky had published a large body of work in French. The tale of Jewish banker David Golder in the novel of the same name, who is unable to please his problematic daughter, established her as one of the leading writers of her time.

In a way, Nemirovsky’s story has also been Epstein’s, who has become the bearer of her mother’s legacy.

It is Epstein who discovered the manuscript that eventually became “Suite Francaise.” The novel had been written in a notebook, which Epstein thought was her mother’s diary. For five decades, she dared not look inside it, fearful it would cause pain.

Nemirovsky converted to Catholicism in 1939 to protect the family against

Kyiv-born writer Irene Nemirovsky earned literary success for novels about her Jewish heritage, the life in Kyiv before the Russian Revolution and the German occupation of Paris. (www.zuzeu.com)

persecution. Anti-Semitic comments lobbed at Nemirovsky, however, still cause Epstein pain.

“Those attacks make me angry, of course, and fill me with a feeling of injustice,” she said.

“Nevertheless, I can hear the questions of Jews who look at this period

with post-Holocaust eyes. I felt the same before. But one shouldn’t mix up social criticism of a special environment and the denial of one’s identity.

As someone told me on the opening day of the Paris exhibition dedicated to my mother in the Memorial de la Shoah, to judge a victim of the

Holocaust is always scandalous and disgraceful. I believe that.”

Despite tremendous sorrow, Epstein recalls a happy childhood. The family lived in Paris before World War II and Nazi racial policies forced them to flee to the village of Issy-l’Eveque.

“In Paris, our life was all very simple,” said Epstein. “We, the children, were kept away from grown-ups, but Mum was always by us for a walk, for the gouter [tastings] and for bedtime. A very common family!”

The image of her mother that stays with Epstein most, however, “is one, of course, her picture on the morning of the last day, which often erases the many pictures of the happy days that I keep in mind.” As she was being led away by police before deportation, Nemirovsky reportedly told her daughters, “I am going on a journey now.”

Of her father, who also died in Auschwitz, Epstein said: “I remember him as well as my mother. He loved life, but in the end I saw him hopeless, looking desperately for the wife he loved so much.”

Epstein “had dreamed” her parents were alive after Auschwitz was liberated in January 1945, but she never wanted to visit the camp. “I wouldn’t stamp the ashes of those who were killed. I have no need to see the suitcases and hair to understand what happened,” she said, referring to the exhibits at Auschwitz, where personal belongings and huge piles of hair shaved off inmates’ heads are displayed.

Nemirovsky’s work is published in 38 languages, including English. “Vin de Solitude” is the first to appear in the land of her birth. “Suite Francaise” about the Nazi’s reign of terror in Paris is currently being translated into Ukrainian and should be released next year.

“I think it was one of her dreams, but she did not live to see Ukraine again,” Epstein said, who’s 81 now. “It is a weird feeling giving birth to your own mother…but I am sure she is happy and so am I that she returned to her own country.”

Kyiv Post staff writer Natalia A. Feduschak can be reached at feduschak@ kyivpost.com.

www.kyivpost.com

Paparazzi 25

December 17, 2010

Tea experts Valentyna Scherbyna (L) and Olga Sylnytska

Wining and dancing

Former Lenin museum hosts First Ukrainian Wine Ball.

Emperor’s birthday

Opera singer Olena Hrebenyuk (R) U.S. Ambassador John Tefft (L) with his Finnish colleague, Christen Michelsson

Sculptors Andriy (L) and Petro Ozumenko with their work in the background

Æ

The Ukrainian diplomatic community celebrated Japanese Emperor Akihito’s 77th birthday ahead of time on Dec. 10. Born on Dec. 23, the monarch is Japan’s 125th emperor. Some 300 guests attended the festive reception in the Japanese embassy in Kyiv. Considering the extensive Japanese influence on Ukraine, from popular sushi restaurants to imported cars, the head count of expatriates from The Land of the Rising Sun is only 200 nationals. (Roman Hrytsenko)

Japanese ambassador’s daughter, Rei Izawa (C) with her friends.

Japanese Ambassador Tadashi Izawa (R) listents to the Ukrainian national anthem.

Guests soak in the scenery with a glass of wine.

alcohol discount

NEW BOMBAY PALACE

Delicious food in Indian cuisine New Year night Hr 999 per person

33-A, Druzhby Narodov blv. 285-99-99, (067) 44-77-666

First Ukrainian Wine Ball held on Dec. 11 in Ukrainian House was a chance to don evening gowns and tuxedoes to celebrate Ukrainian winemakers and restaurateurs. Opera singers and violinists led the entertainment program. In between waltzing, guests took part in a charity auction. (Roman Hrytsenko)

26 Lifestyle

www.kyivpost.com

December 17, 2010

Styles: Stay healthy in winter by following common sense

Yanukovych junior plays pool for charity On Dec. 14, Kyiv hosted a charity billiards tournament among politicians and billiard stars.

President Viktor Yanukovych’s son, Viktor, was among the players from the youth wing of the Party of Regions. In addition to being a deputy, Yanukovych junior takes active part in many pool tournaments. Organizers of the event said all funds collected will be donated for Materinka orphanage in the town of Bila Tserkva, Kyiv region. (Ukrainian News)

Æ19 The Christmas and New Year’s break in Ukraine can feel long, running from St. Nicholas Day on Dec.19 to Christmas Day on Jan. 7. The best tip to avoid hangovers is not to drink at all. But I bet you want a few more practical suggestions! These include making sure you are well rested before partying.

An afternoon sleep may be helpful too. Drink something nearly pure like vodka, as it contains much fewer congers - you can think of them as collateral poisons – than, say, cognac and whisky. Drink lots of fluid before, during and after to combat the dehydrating effects of alcohol and take a sweet drink to bed to treat the low blood sugar that often kicks in the morning. If you can drink slowly - 50 millileters of vodka will be dispersed in about 30 minutes - that will be your salvation. Don’t sleep in late after a heavy night but have a large breakfast and a hot and cold shower.

That holiday immersion in the Dnipro on Epiphany (Jan.19) will certainly be invigorating and should cause no health problems. In fact, it’s as safe as is rolling in the snow or plunging in a cool pool after a sauna.

In general, I think saunas are good for health and help drive out a lot of toxins from our systems and certainly help you relax and wind down. Ideally you shouldn’t eat or drink in the sauna although many Ukrainian saunas will tempt you with that! Heart disease sufferers should refrain from saunas or seek advice from their general practitioners.

Whilst dipping in the Dnipro is without hazard, an offer to go ice-

Men take a plunge in the Dnipro River in Kyiv on Jan 19, 2008, marking the holiday of Epiphany. (PHL)

hole fishing needs to be viewed with both suspicion and a good insurance policy, the more so if your host has more vodka than fish bait in his backpack. Large numbers of mildly drunk Russians and Ukrainians die each year falling through the very holes they made to catch that elusive fish! On a more positive note I can only wish our readers a very fit, healthy and happy Christmas and New Year, a time to be with families and take in the beauty of this country and the huge hospitality of its residents.

Dr. Richard Styles is a British family physician at American Medical Centers, a full-service clinic, in Kyiv.

ÆRolling in the snow or plunging in a cool pool after a sauna is safe and helps to drive out toxins, relaxe and wind down.

www.kyivpost.com

Photo Story 27

December 17, 2010

Disarming beauties in contest

1

2

3

(1, 5) In the former armory-turnedmuseum Mystetsky Arsenal, guests were completely disarmed by a small unit of Ukrainian beauties on Dec. 11. The contest Miss Ukraine-Universe 2011 is a serious chapter in the book of pageantry as the winner gets to represent Ukraine on the world stage at Miss Universe.

Leaving 14 other ladies behind, 22-yearold Olesya Stefanko from Odesa (4) won the title, a necklace worth $20,000 and a trip to Cannes. Anastasia Burak, 18, from Zhytomyr was the second runner-up. Iryna Samulia, 20, from IvanoFrankivsk closed the victorious trio.

On the jury panel were famous British singer Sonique (2), Russian-Australian boxer Konstantin Tzsyu (3), Danish tennis player Caroline Wozniacki and businessman Oleksandr Onyshchenko, the patron of pageants in Ukraine. Held since 1952, Miss Universe is one of the oldest and most prestigious competitions in its genre.

Story by Nataliya Horban Photos by Yaroslav Debelyi

4

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28 Community Bulletin Board

Publication of items in Kyiv Post Community Bulletin Board is free of charge. The newspaper will print as many submissions as space permits, but notices must be no more than 30 words, except for the people in need section. Advertising of paid services or commercial ventures is prohibited in this space. Permanent items must be resubmitted every three months. Deadline for submissions is 3 p.m. Friday for the next issue. New listings are boldfaced. Please e-mail news@kyivpost.com or contact lifestyle editor Yuliya Popova at 234-6500.

Business clubs – 4 listings Î The Business-English Center meets on Sundays at 3 p.m. for a series of business English skills workshops. For more information, call Alex at 234-0871 or email: e-club@i.com.ua or visit www.etcentre.com. ua. Î A new gentlemen’s club is always open for well-educated, successful members (free admission) to combine establishing business relationships with unconstrained socializing. Please contact us: vadym_n@ukr.net, kobserg@yahoo.com, (067) 7406820 Sergio. Î The British Business Club in Ukraine meets every Saturday for business discussion and once every month for networking. Membership is by invitation only and is open to individuals and companies.

Please email: administrator@bbcu.com.ua. Î Free English discussions about Internet marketing. Bold Endeavours, a British marketing and web development company, welcomes senior marketing managers/directors to an English language discussion group about search engines and Internet marketing at noon on the first Saturday of each month.

Call 221-9595, or register online at www.bold.com. ua.

Public speaking – 6 listings Î Dnipro Hills Toastmasters Club would like to invite success-oriented people to learn and develop public speaking, presentation and leadership skills.

Join us Sundays from 10 to 11 a.m. at Kyiv Business School, 34 Lesya Ukrainky Street, metro station Pecherska. For detailed information, please, check our website www.dniprohills.org.ua Î European Business Association Toastmasters Club invites enthusiastic, goal-oriented people to learn and improve their communication and leadership skills in friendly learning and supportive environment. We meet every Monday at 7.30 p.m. at American Councils at Melnykova, 63. For more information, contact Svetlana Nesterenko at lana_svk@ ukr.net or call 067 220 77 55. More information can also be found at: www.ebatmc.blogspot.com. Î Top Talkers Toastmasters Club is happy to invite ambitious and enthusiastic people to learn by doing.

Together we will discover inner potential in public speaking and leadership in each of us. We meet every Tuesday at Kraft Foods, 23 Yaroslaviv Val St. at 7 p.m. Please check our website www.toptalkers.org Î American Chamber of Commerce Toastmasters Club invites English speaking business professionals to advance their presentation and communication

skills in a friendly and supportive atmosphere. We meet each Wednesday at 7.30 p.m., at the Microsoft Ukraine office, 75 Zhylyanska St., Floor 4, Business Center Eurasia. To receive further details on the club and its membership, please contact our club vice president for membership, Anton Stetsenko at 093-609-5161. Î Kyiv Toastcrackers Club, a part of Toastmasters International, is a worldwide organization that helps men and women learn the arts of speaking, listening and thinking through effective oral communication.

We invite new people to benefit from the meetings on Wednesdays, at 7 p.m. at the House of Scientists, 45a Volodymyrska St. For more information see www.toastcrackers.kiev.ua. Î Talkers Toastmasters Club invites those interested in improving their public speaking, communication skills, English and creative abilities to join its meetings on Saturday mornings at 11 a.m. Please, check club’s website at arttalkers.wordpress.com, call 096-565-6229 or e-mail: arttalkers@gmail.com

Religion – 8 listings Î Christ Church, Kyiv. We are the Anglican/ Episcopal Church, serving the English-speaking community in Kyiv. We meet Sundays at 3 p.m. at St Catherine’s German Lutheran Church, 22 Luteranska Street, a five-minute walk from Khreshchatyk. Bible study on Tuesdays at 7.30 p.m. Please call Graham at 098-779-4457 for more information, www.acny. org.uk/8592. Î You are invited to the St. Paul’s Evangelical Church. Roger McMurrin is its founding pastor.

Music for worship is provided by the Kyiv Symphony Orchestra and Chorus. Worship services are held every Sunday at 2:30 pm at the House of Artistic Collectives (Veriovka Choir Hall, 4th floor) at 50/52 Shevchenko Blvd. Call 235-4503 or 235-6980. Î International Church, Kyiv. English and Spanish Bible study classes. We invite you to weekly services at 10.30 a.m. Saturdays at 13A Miropolskaya St. (metro Chernigovskaya, second stop by a tram Boichenka. Central entrance of two-story building).

Telephone: 38-093-757-6848, 542-3194. Î Word of God Church offers Bible study every Sunday and Wednesday at 7 p.m. Sunday school, nursery for children. For more information call: 517-5193. Î International Baptist Church invites you to our English language worship services (Sundays at 10 a.m.). We are located near Vyrlytsya metro in the downstairs hall of Transfiguration Church, 30B Verbytskoho. http://livingvinechurch.googlepages. com.

www.kyivpost.com

December 17, 2010

Î The Evangelic Presbyterian Church of the Holy Trinity invites you to our worship service, held in Ukrainian and Russian with simultaneous English translation. We meet each Sunday at 50-52 Shevchenka Blvd., #402 (4th floor). Worship begins at 11 a.m. Sunday school for adults begins at 9:45 a.m.

Pastor Ivan Bespalov: tel. (044) 287-0815; (097) 3179598; e-mail: ivanbespalov@gmail.com. Î Kyiv International Bible Church, an Englishlanguage evangelical nondenominational church meeting at 10:30 a.m. on Sundays at 34A Popudrenka, between Darnytsya and Chernihivska metro stops.

Contacts: 501-8082, or kievIBC@gmail.com. Î International Christian Assembly meets at 57 Holosiyivska St. Services are held every Sunday: 9 a.m. till 11:30 a.m. For further information contact: Paul, +050-382-2782, www.icakiev.com

Support groups – 5 listings Î Divorce mediation, commercial mediation, consulting on diagnostics of conflict resolution in organization. Ukrainian Mediation Center, www.ukrmedation.com.ua Please contact Oksana Kondratyuk: 066-758-66-44, delo2@i.ua. Î Individual consultations, psychological support in divorce, family relations, stress management, health issues, relaxation, self-esteem, personal development. Call Elena: 097-294-6781. Î Alcoholics Anonymous English-speaking group meets Saturday/Sunday at 12.30 p.m. and Tuesday/ Thursday at 7 p.m. at various locations. Contacts: aakyiv@ukr.net, 096-460-0137 (friend of Bill) for details of meeting location. Î Counseling/advising in relationships, personal growth, body/ mind/spirit matters. Well-known Ukrainian psychologist counsels expats in English and French in the center of Kyiv (Lyuteranska). See www.hohel.kiev.ua or call 050-595-3686 between 3 p.m. and 5 p.m. Î Individual psychological counseling for Russian and English speakers. Family issues, mood disorders, anxiety, depression. Psychological Rehabilitation & Resocialization Center. Call Elena Korneyeva, 050573-5810, between 10 a.m. and 6 p.m., or e-mail: kornyeyeva@rambler.ru.

Social, sport and health clubs – 2 listings Î Volleyball group, expats and locals, seeks new players, male or female. Skill levels, advanced beginner to intermediate. We meet on Sundays, 11 a.m., near Livoberezhna metro. For more info, send email to vbkiev@gmail.com Î Kiev Hash House Harriers club meets every second Sunday at 1 p.m. at the Lucky Pub, 13 Chervonoarmiyska St. (near Lva Tolstoho metro station). For more details, visit the website at http:// hashhouseharriers.kiev.ua/

International clubs – 9 listings Î Stolypin Club (Kiev) meets every third Wednesday of every month at 7 p.m. at various locations. It is a non-profit public organization uniting Kyiv’s citizenry, including prominent business representatives, politicians and the liberal professions. The club is private, but opens its doors and its spirit to the wider community, affording the public a chance to partake in certain events alongside club members and guests. Please contact Tamara Avdeyeva at 096 462-4646 or assistant@stolypinclub.org. Î Welcome to the friendly atmosphere of a French-speaking club. We meet once weekly on Saturdays or Sundays for conversation practice and movie sessions. Please contact Svetlana: 067-9071456 or email: consonance-s@ukr.net. Î Student Embassy Project invites students to join intercultural events in Kyiv, Lviv and Ternopil. The initiative is aimed at international students’ integration into Ukrainian society, youth leadership development, intercultural dialogue. To learn more please e-mail us at studentembassy@gmail.com or visit: http://studentembassy.org.ua. Î The Kyiv Rotary Club meets on Tuesdays at 7 p.m. at Andreyevsky Prichal restaurant, 6 Bratskaya Str. For more information, please contact Nataliya Rodovanskaya at 067-296-5672 or n_radov@yahoo. com. Î The International Women’s Club of Kyiv (IWCK) welcomes women from around the world to join our support network and participate in our extensive social and charitable programs. For more information, see our website www.iwck.org, call or e-mail the IWCK Program Coordinator Galina Timoshenko at 234-3180, office@iwck.org. Address: 39 Pushkinska, #51, entrance 5, door code 250. Î The Rotaract Club Kyiv meets on Thursdays at 7 p.m. at the Ukrainian Educational Center, Prospect Peremohy,#30, apt. 82. For more information, please email: president@rotaract-kyiv.org.ua or visit our website www.rotaract-kyiv.org.ua. Î Democrats Abroad Ukraine is the official organization of the Democratic Party in Ukraine; connecting Americans with U.S. politics and the Democratic Party; registering, informing, and motivating voters; supporting U.S. candidates, holding events, and fundraising. To join, email info@democratsabroad.org.ua. Î The Kyiv Multinational Rotary Club welcomes all Rotarians who are in Kyiv and new potential Rotarians. Our meetings are conducted in English and are held every Wednesday evening at 7 p.m. at the Radisson Hotel, Yaroslaviv Val St. 22. For a map and further information please consult our website at: http://kmrclub.org.

Î The Kyiv Lions Club is one of 45,000 Lions Clubs around the world. We raise funds and provide services to help those most in need in our community by supporting charities in our chosen sectors of giving: children, the disabled, and the elderly. We meet on the second Monday of every month in the downstairs bar of the Golden Gate Irish Pub at 7 p.m.

For more information contact Paul Niland at 044-5319193 or paul.niland@primerosfunds.com.

English clubs – 11 listings Î English-Russian Conversation Club for adults.

People of different ages are invited for international meetings. Mini-groups, individual approach.

Making new friends. Conversational trainings. Email: engrusglobe@i.ua Î Sprout Christian International School is looking for native English-speaking volunteers who are enthusiastic and love working with children to help in pre-school and English club starting coming September. For more details please call ASAP: Natalie Istomina: +067 501-0406, +093 798-9840. Î Wave Language School offers free English speaking clubs to the public. Join us on weekends from 4 p.m. to 6 p.m. or 7 p.m. to 9 p.m. on Saturdays and 1 p.m.– 3 p.m. or 4 p.m. to 6 p.m. on Sundays.

Please contact us by email if you are interested: info@wavelanguageschool.com. We hope to see you soon – everybody is welcome. Î Free English practice at conversation club, regular meetings on Fridays at 7 p.m. near Akademgorodok metro. English native speakers.

Interesting topics for discussion. Everyone is invited.

Join us at 76 Irpenskaya str., off.31. http://english. in.ua/, 229-2838. Î Free book & DVD exchange. Hundreds of English books and movies. Bring one, take one at the Phoenix Center. Address: metro Pecherska, 2 NemyrovychaDanchenko, University of Technology and Design, blue 14-storied building, 3rd floor. Hours: Mon-Fri 6 p.m. to 7:30 p.m., Sat noon until 1:30 p.m. Î Native English speakers. Meet the best and the brightest in Kyiv, well-educated, ambitious, and talented young people 20-30 years old. Share your English skills and make new friends. Everyone is welcome to visit for free. We also organize picnics, balls and excursions. Five days a week at different locations. Please contact Mark Taylor at jmt260@ hotmail.com for more information. Î Free speaking English club in Irpen on Saturdays at Lan School. Call 093-623-3071. Î Improve your English-speaking skills and have fun. Be prepared to speak English most of the time with native speakers. Conversational club, thematic discussions on Saturdays and Sundays. For more information please contact Vadym. email: vadik_s@ ukr.net or call 066-767-4407. Î Free international conversation club on Fridays at 7 p.m. at English Language Center. Interesting topics for discussion, studying the Bible sometimes. Join us at 4B Kutuzova lane office No. 106 (m. Pecherska) and 76 Irpenska, office No. 31 (m. Akademgorodok.

The ELC LTD. Tel. 5811989, 229-28-38. http://english. in.ua Î Are you a native English speaker? We are glad to invite you to join our English-speaking club. Call 067-620-3120 (Olga) or e-mail Olga.Bondar@atlantm. com.ua Î Free English/German conversation club on Sundays. Druzhbi Narodiv 18/7, office No. 3. Everyone is welcome. Tel: 529-75-77.

People in need - 7 listings Î Nastya Kotova, 15, has been diagnosed with acute leukemia. Doctors conducted a bone marrow transplant in Israel two months ago. Nastya is in a relatively stable condition now for the first time in many months.

A step away from recovery, she still has to go through a rehabilitation period. The Kotov family urgently needs $12,000 to continue the treatment. Please help Nastya recover completely.

More information: http://www.donor.org.ua/index.php?module= help&act=show&c=1&id=1170 http://fonddarina.com/ru/child/nastyakotova?news#72 Contact Nastya’s volunteer, Iryna: 096-373-8971.

Bank details: Beneficiary: Kotova Olena Vasylivna (Nastya’s mother) Deposit money on a banking account: # 4405885014676768 PrivatBank Account #: 29244825509100 MFO: 305299 Code: 14360570 Î Nastya Dytiyatkova is only one year old. Her diagnosis is double sensorineural hearing loss, which means that she can’t hear the sounds that will enable her grow as a normal child. Currently there is only one solution: Cochlear implant. It will allow the baby hear voices of her parents and learn how to speak.

This kind of implant could be obtained free of charge, but the state can afford only 20 such operations per year. We are at the end of a 500-patients queue, but doctors say we must operate immediately. The surgery costs 23,000 euro, but it’s more than we can afford. Please, help our family and baby Nastenka hear the world like we all do.

Contacts: Nastya’s Parents: Roman Dityatkov Tel. +380-66-265-7713, Galina Dityatkova Tel. +380-66112-9171 Website: www.help.mama.biz.ua Bank details: Bank of beneficiary: PrivatBank Code 299781850 MFO 305299 Account: 26200603467917 Beneficiary: Dytyiatkova Halyna Payment Details: non-repayable financial help for Dytiatkova Halyna Onyx Card Bank of beneficiary: Raiffeisen Bank Aval Code 22761811 MFO 352093 Account: 26251898

Card # : 9890 0900 1431 2073 Beneficiary: Dytiatkiva Halyna Payment Details: non-repayable financial help for Dytiatkova Halyna Î Maksym Nalivkin, 12 years old, needs your help.

The boy had suffered from cerebral haemorrhage and further subarachnoid hemorrhage, which led to 3 brain surgeries and constant artificial pulmonary ventilation. Since March 2010 the boy has been held at the resuscitation department, for 2 months he’s been out of coma, there are slight positive changes that give hope. He still needs a long-term rehabilitation; however his family already spent their savings on treatment. In case you have any possibility to support them, Maksym’s family would much appreciate it.

Contacts: Mother Elena Nalivkina - mob.tel.: +380 99 625-2475 Father Arkadiy Nalivkin - mob.tel: +380 50318-5499; tel: +380 552 22-2806; email: nag.box@gmail.com; skype: arkady_g.nalivkin; ICQ: 8423832 Webpage: http://nag.pp.net.ua/ Bank details for hryvnia transfer: Bank: Черноморское отделение Херсонского филиала «Приватбанк» МФО Code: 305299 ОКПО Code: 14360570 Account: 29244825509100 Purpose of payment: 4627085825848787, Nalivkina Elena Nikolaevna, ИНН: 2596602804 Maksym’s family also appeals for advice - any useful contacts of rehabilitation professionals, recovery programs, as well as charity organizations or grant programs for such cases. Î Two-year-old Vanya Chornozub from Kherson Oblast has brain cancer. Since no clinic in Ukraine was able to cure him, he has been transferred to Germany for further treatment. Due to the efforts of many people, two years of therapy brought very good results. Vanya is getting better. But his parents are very short of money to pay for further treatment.

His parents appeal to anyone who can help support Vanya’s treatment.

Contact person: volunteer Olga Kopylova : +380-67234-1225 Webpage Details for money transfers: PrivatBank Account: 29244825509100 Bank branch location code: 305299 Code: 14360570 Details of payment: card replenishment: 4405885012914724, Chornozub À.À., support for son’s treatment Î Sofia Sydorchuk, 3,5 years old, needs your help urgently. The girl has recently been diagnosed with myeloblastic leukemia, she is in hospital, the intensive chemotherapy department. Sofia needs to undergo a course of medical treatment that consists of 4 blocks of chemotherapy (one block has already been done). It is difficult to determine the exact cost of the treatment at this stage; our best estimate is around Euro 200,000. After chemotherapy Sofia needs to move to a specialised rehabilitation clinic in Israel or Germany. Sofia’s family hopes for your support, each day they do treatment and tests.

You can make a donation via one of the following options: (1) Donations made through a bank transfer Banking details for transfers in Hr: Beneficiary: ÀÒ “Ukreksimbank” Account: 2924902234 Bank of the beneficiary: ÀÒ “Ukreksimbank” MFO code: 322313 EDRPOU code: 00032112 Payment purpose: receipt of funds to the account of Sydorchuk D.V. 0001025541 (2) Donations via web-money Z351457992891 R639870369876 E252216931289 U585571766822 (For instructions on transferring the money via webmoney please refer to: http://webmoney.ua/withdrawfunds/) Î Please help Nastya Kotova, 15 years old, who suffers from acute myeloid leukemia. Nastya already had 3 blocks of chemotherapy in Okhmatdet clinic.

She desperately needs bone marrow transplantation from a non-relative. The Israel clinic sent invoices for USD 156,000. Nastya also constantly needs ongoing therapy in Ukraine. Help please.

Hryvnya account: Privatbank, account number 29244825509100 MFO:305299, OKPO:14360570 Card account: 4405885014676768, Kotova Olena Vasilievna (id 2608400766).

USD account: Beneficiary**: Acc.#0144 KOTOVA OLENA VASYLIVNA/262032029308 (name of the client) Bank of Beneficiary: open Joint Stock Company RAIFFEISEN BANK AVAL; Kyiv,Ukraine.

S.W.I.F.T. code: AVALUAUKDNI Correspondent bank: Corr.acc. #2000193004429 Wachovia Bank,New york,NY S.W.I.F.T. code: PNBPUS3NNYC Yandex koshelek: 41001136440702 Î The Down Syndrome Ukrainian Organisation gathers parents who have trisomic children, in order to help them raise their kids, and aims at changing the public perception of the disease. The Organisation is now opening a Center for Early Development of the Children with Down Syndrome in Kyiv. The association has recently launched the operation “Serebrenaya Monetka” (Silver Coin) in order to raise funds for the center. Transparent boxes have been displayed in the 100 branches of UkrSibBank (the subsidiary of the French BNP Paribas group) in Kyiv, in order to collect the small coins that everybody has in their pockets. All donations are welcome.

Details can be found at http://www.downsyndrome. com.ua/; http://www.ukrsibbank.com. The operation will end on March 19th. All the proceeds of the operation will be used to buy equipments and furniture for this Center.”

Hryvnya account: BENEFICIARY: Vseukrainskaia Organizatsia Down Syndrome ACCOUNT: 26007265663400 MFO 351005 UKRSIBBANK

Bkagodiyna

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29

December 17, 2010

Vote early but only once for Kyiv’s best providers of services and goods 2EADERS OF THE +YIV 0OST ARE INTELLECTUAL NETWORKERS LAUNCHING NEW IDEAS DEVELOP ING BUSINESS AND SHAPING PUBLIC OPINION 4HEY ARE ALSO mCULTURE PRENEURSnp THE PEO PLE WHO ACTIVELY DEFINE THE CULTURAL SCENE /NCE A YEAR THEY PICK THE BEST IN THEIR FIELD OF EXPERTISE HONORING ACCOMPLISHMENT AND INSPIRING OTHERS TO FOLLOW SUIT 4HE +YIV 0OST ANNOUNCES THE START OF ITS TH ANNUAL m"EST OF +YIVn SUR VEY WHICH AIMS TO IDENTIFY AND HUNT DOWN THE BEST VIXEN AND FOXES ON +YIVlS BUSINESS AND SOCIAL TRAILS )N ITS CELEBRA TORY TH POLL READERS AND EXPERTS ARE ENCOURAGED TO VOTE FOR LEADING COMPA NIES IN SECTORS 0ICK YOUR FAVORITE BANK AND YOUR PREFERRED WATERING HOLE ONLINE AT WWW KYIVPOST COM UNTIL *AN 4O OUR TRADITIONAL CATEGORIES WE ADDED FOUR NEWCOMERS -"! PROGRAM PUB CLOTHING

G e n e ra l p a r t n e r

CHAIN AND A NON PROFIT NON GOVERNMEN Acco u n t i n g p a r t n e r TAL ORGANIZATION (ERElS HOW IT ALL WORKS )NITIAL NOMINEES ARE HAND PICKED BY THE +YIV 0OST EDITORIAL STAFF 4HEN AN EXPERT PANEL REPRESENTED BY LAST YEARlS NOMINEES SCREENS THE LIST 4HEY VOTE IN EACH CATEGORY TO NARROW THE SELEC TION DOWN TO FIVE CANDIDATES 4HEN READERS H o s t o f t h e awa rd s ce re m o ny HAVE A CHANCE TO HONOR THEIR FAVORITES ONLINE CASTING HALF OF ALL RANKING POINTS TOWARDS THE FINAL SELECTION 2ESULTS ARE DETERMINED BY PAIRING UP YOUR VOTES WITH THOSE OF EXPERTS 7HAT HAPPENS NEXT IS THE MOST DELICIOUS Pa r t n e r PART OF THE m"EST OF +YIVn EVENT 7E HONOR WINNERS DURING AN EVENING OF FINE DINING AND PARTYING

Æ The award ceremony will be held on Jan. 27.

List of TOP 5 nominees for Best of Kyiv 2010 1.

BEST INVESTMENT COMPANY

a.

Concorde Capital

b.

Dragon Capital

c. d.

e.

Pedersen & Partners

b.

InterContinental Kyiv

b.

Lavinia

7.

BEST TELECOMMUNICATIONS/ INTERNET SERVICE PROVIDER

c.

Opera

c.

Polyana

d.

Premier Palace Hotel

d.

Premium Wine

Horizon Capital

a.

IP.net

e.

Radisson BLU

e.

Wineport

Renaissance Capital

b.

Kyivstar mobile

BEST RESTAURANT

Troika Dialog Ukraine

c.

MTS connect

BEST ENGLISH LANGUAGE SCHOOL

18.

e.

13.

a.

Belvedere

2.

BEST BANK SERVICES

d.

Ukrtelekom

a.

British Council Ukraine

b.

Concord

a.

Alfa-Bank

e.

Volia

b.

British International School

c.

Fellini

b.

Citibank

8.

BEST MOBILE OPERATOR

Goodman

OTP Bank

a.

Golden Telecom

Kyiv Mohyla Business School (KMBS)

d.

c.

c.

e.

Le Grand CafĂŠ

d.

Raiffeisen Bank Aval

b.

Kyivstar

d.

London School of English

f.

Lipskiy Osobnyak

e.

UkrSibbank BNP Paribas

c.

Life

e.

Speak Up

g.

Nobu

3.

BEST TAX/AUDIT SERVICES

d.

MTS

14.

BEST MBA

h.

Oliva

a.

Baker Tilly Ukraine

e.

Utel

a.

Edinburgh Business School

i.

Pantagruel

9.

BEST FREIGHT & FORWARDING COMPANY

b.

International Institute of Business

j.

Santori

Kyiv Mohyla Business School (KMBS)

19.

BEST PUB

a.

Arena Beer House

MIM-Kyiv (International Management Institute)

b.

Belle-Vue

c.

Docker Pub

Wisconsin International University in Ukraine

d.

Golden Gate

e.

O’Briens BEST CLOTHING CHAIN

b.

Deloitte & Touche

c.

Ernst & Young

d.

KPMG

a.

DHL

e.

PricewaterhouseCoopers

b.

Kuehne + Nagel

c.

4.

BEST LEGAL SERVICES

c.

Maersk Logistics/Damco

a.

Baker & McKenzie

d.

Raben Ukraine

b.

Clifford Chance

e.

TNT Express

c.

CMS Cameron McKenna

d.

DLA Piper Ukraine

e.

d.

f.

10.

BEST CAR SALES DEALER (BY HOLDING GROUP)

15.

BEST PRIVATE HEALTH SERVICE

20. a.

Laura Ashley

Magisters

a.

AWT BAVARIA

a.

American Medical Centers

b.

Mango

f.

Vasil Kisil & Partners

b.

Honda Ukraine

b.

Boris

c.

Marks & Spencer

5.

BEST REAL ESTATE SERVICE

c.

Nissan Motor

c.

Eurolab

d.

United Colors of Benetton

a.

Blagovest

d.

Toyota Ukraine

d.

ISIDA

e.

Zara

b.

Colliers International

e.

Winner

e.

Medikom

c.

DTZ

11.

BEST PASSENGER AIRLINES

16.

BEST INSURANCE COMPANY

21.

BEST IMPACT, BY NON-PROFIT ORGANIZATION

d.

NAI Pickard

a.

Air France-KLM

a.

Allianz Ukraine

e.

Park Lane

b.

Austrian Airlines

b.

AXA Insurance

a.

Children of Chornobyl Relief & Development Fund (CCRDF)

b.

International HIV/AIDS Alliance

c.

International Women's Club of Kyiv (IWCK)

6.

BEST HR AGENCY

c.

British Airways

c.

INGO Ukraine

a.

Ancor SW

d.

Lufthansa German Airlines

d.

Providna

b.

Brain Source International

e.

Ukraine International Airlines

e.

PZU Ukraine

c.

Golden Staff

12.

BEST HOTEL

17.

BEST WINE BOUTIQUE

d.

Kyiv Lion’s Club

d.

Hudson Global Resources Ukraine

a.

Hyatt Regency Kyiv

a.

Good Wine

e.

Victor Pinchuk Foundation

Vote on www.kyivpost.com and get a chance to win the following prizes BOARD OF EXPERTS Nick Cotton (DTZ) Alex Sokol (American Medical Centers) Serhiy Boyko (Volia) GĂśkhan Ă–ztekin (Tike) Jorge Intriago (Ernst & Young) Ihor Predko (Deloitte & Touche) Andriy Krivokoritov (Brain Source International)

SPECIAL AWARDS The Spirit of Kyiv award will go to the person who best exemplifies generosity in community involvement to make Kyiv a better place to live.

Nominees: Leigh Turner Anna Derevyanko Jorge Intriago Maria Kresa Mykhaylo Wynnytskyi Bate C. Toms Sergiy Oberkovych Brian Mefford Business Person of the Year award will go to the person who had exceptional success.

Nominees: Nick Piazza Jorge Intriago George Logush Bjorn Stendel 10-Year Anniversary Award will go to the person who has made the most outstanding contributions to life in Ukraine for the past decade.

Nominees: Tomas Fiala Natalie Jaresko Jorge Zukoski Richard Creagh Eric Aigner David & Daniel Sweere Michael Bleyzer

a ce r t i f i c ate fo r a l u x u r y we e ke n d for 2 persons in one of two certificates for a dinner (up to Hr 400 w/t alcohol) at

Yana Khoziainova (Hertz) Adam Mycyk (CMS Cameron McKenna) Oleksandr Nosachenko (Colliers International) Robert S. Kossmann (Raiffeisen Bank Aval) Ron Barden (PricewaterhouseCoopers) Karen McPhee (InterContinental Kyiv) Olena Berestetska (Aquarium) Alexa J. Milanytch (CCRDF)

Anna Derevyanko (EBA) Mykhaylo Radutskyi (Boris) Michael Kharenko (Saenko Kharenko) Tetyana Kalyada (TNT Express) Alla Savchenko (BDO) Myron Wasylyk (The PBN Company) Tetyana Zamorska (KPMG) Martyn Wickens (Pedersen & Partners)

Olga Karpova (International Institute of Business) Peter I. Metelsky (KUEHNE + NAGEL) Nick Piazza (BG Capital) Yuri Lutsenko (Leo Burnett Ukraine) Alla Konyaeva (Ancor SW) Svitlana Shynkarenko (Adwenta Lowe) Jared Grubb (Clifford Chance) Oleksiy Didkovsky (Asters)

Stuart McKenzie (Pulse) Maryna Bodenchuk (Providna) James T. Hitch, III (Baker & McKenzie) Tomas Fiala (Dragon Capital) Oleksiy Aleksandrov (UkrSibbank) Harald Hahn (Lufthansa German Airlines) Philippe Wautelet (AXA Ukraine) Kateryna Skybska (DOPOMOGA Staffing Company)

For more information, please contact Iuliia Panchuk at panchuk@kyivpost.com or by phone at +380 44 234-30-40

30 Employment

www.kyivpost.com

December 17, 2010

TRANSLATORS (English)

JOB SKILLS: 1. Specialist/Master Degree in Philosophy, Linguistics or Translation Studies.

2. Work experience as a translator not less than 2 years.

3. PC proficient user.

4. References providing is required.

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Seeking for position of 1) Senior Lawyer at Commercial Law Department 2) Junior Lawyer at Commercial Law Department 3) Assistant to Probate Researcher CV-casting at admin@ukrinur.kiev.ua

(044) 288 03 91

Tel. Excellent logics, professional experience and profound knowledge wanted.

& ! ! ! # ! $ ! " ! ! " IFC, a member of the World Bank Group, creates opportunities for people to escape poverty and improve their lives. In addition to its investment work, IFC executes a large program of Advisory Services (AS) focused on private sector development.

SALES MANAGER

We look for qualified candidates to fill in the following short term (12 months) Kyiv based position:

Public Outreach Specialist

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Ukraine Residential Energy Efficiency Project (UREEP)

The candidate should be experienced in communications and/or public relations spheres, preferably in international organizations or large private sector financial institutions; demonstrate experience in developing and implementing multifaceted stakeholder outreach campaigns and promotional materials for diverse market audiences. Strong English, Ukrainian and Russian language oral and writing skills, and outstanding Microsoft PowerPoint design and presentation skills are required for this position.

For corporate information please visit www.ifc.org.

Please apply by sending CV and Cover Letter to UkrHR@ifc.org by Dec. 30, 2010.

Programme Manager Energy Efficiency & Climate Change team Kiev Resident Office The EBRD seeks to recruit a Programme Manager (Associate/Principal) to join the Energy Efficiency & Climate Change team (E2C2) to be based in the Kiev Resident Office. This is a 3 year fixed term contract.

The European Bank for Reconstruction and Development has a unique challenge to assist the countries of central and eastern Europe and the CIS in their transition to democracy and market economies.

It offers a unique combination of public and private sector banking expertise, and supports projects through lending, taking equity positions and providing technical co-operation. The Bank focuses particularly on the private sector and is increasing its local presence in the countries of operations.

The Bank has launched the second phase of its Sustainable Energy Initiatives (“SEI�) after a very successful first phase. With the increasing global focus on climate change and energy security, the range of activities of the Energy Efficiency and Climate Change (“E2C2�) Team are increasing. The team is now seeking a Programme Manager to support these activities. The Programme Manager will be part of the E2C2 Team which comprises 21 professionals with backgrounds in banking, finance, carbon markets, energy policing and engineering Essential Skills, Experience & Qualifications ‹ .

large scale international consultancy assignments. Minimum of 5 to 7 years relevant experience. ‹

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environment and industry would be beneficial ‹ #

techniques and tools (e.g. Microsoft Project or relevant software), including planning/scheduling and progress tracking ‹ +

¢ ment either directly or through consultancy engagements would be beneficial ‹ 0

ƒ ƒ fields relevant to the position ‹ 1

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ƒ — region, would be an advantage, but it is not a requirement.

To apply & for a more detailed job description, please visit our website at www.ebrdjobs.com and submit your CV. Ref. number: 60011959-1.

The closing date for applications is Sunday, 16 January 2011.

JOB VACANCY ANNOUNCEMENT Employer

For confidentiality reasons info regarding employer is limited to the following: The employer is a Biotech Industry Organization whose objective is to promote Sustainable Agricultural Development in Ukraine through the effective and efficient use of biotech technologies.

In order to strengthen its operations, the employer is inviting applications from suitably qualified candidates for the position of Director of Biotechnology Development, Ukraine.

Title: Director of Biotechnology Development Location: Kiev Duties and Responsibilities

1. Supporting Organization in communicating internally and externally with stakeholders to achieve science-based, practical regulations (import, trialing, cultivation) that promote the benefits of plant biotechnology products.

2. Providing coordination, logistical support, and hands-on assistance as required to implement the biotech acceptance programs, technical/regulatory issue programs.

3. Serving as a resource on all matters pertaining to regulatory science aspects of plant biotechnology. This will include, but not be limited to: t DPMMFDUJPO PG JOGPSNBUJPO JNQBDUJOH CJPUFDI BGGBJST t QSPWJEJOH BOBMZTJT PO DVSSFOU BOE FNFSHJOH JTTVFT t FWBMVBUJOH BOE SFTQPOEJOH UP WBSJPVT SFHVMBUPSZ QPMJDZ QSPQPTBMT BOE reports from government, research agencies, and other third party associations; t EFWFMPQJOH ESBGU QPTJUJPO QBQFST PO SFHVMBUPSZ TDJFODF JTTVFT BOE JTTVFT management.

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5. Manage crisis and act as industry spokesperson 6. Managing expenses within the budget.

7. Provide monthly reports on progress.

Requirements: Strong presentation skills Positive attitude Good communications skills Understanding of how to sell in print and online Ability to learn quickly Knowledge of Word, Excel, Internet Explorer programs Work experience in FMCG is preferable.

Sales experience is helpful, but not required.

Good English level Salary based on qualifications.

Please send your CV, including salary requirements, with “Sales manager� in the subject line to: hr@kyivpost .com

Qualifications:

-With Bachelors degree or higher in agricultural sciences or marketing/PR/ communication/political - Preferably 2 years relevant experience in biotech advancement with the private or public sectors - With knowledge of scientific aspects of plant biotechnology and associated regulatory issues - Preferably with experience and skills in dealing with the government and the media - Can also communicate well in English - With good communication and project management skills - Good communicator able to deliver presentations and messages to a wide range of audiences - Ready to travel Application:

Please send the application by electronic mail to Svetlana_spivak@ukr.net before 25th January 2011 and comprises of a detailed Curriculum Vitae with recent photograph and a motivation letter.

General Management MINI

RESUME

The Public Outreach Specialist will be responsible for developing and implementing a comprehensive public and stakeholder awareness program to support the UREEP Project in creating an effective legal and institutional platform to support Ukrainian local condominium associations in getting access to finance for the purpose of improving energy efficiency of the country’s existing housing stock. He/she will be responsible for producing all program communications, educational materials; planning and implementation of all public/media activities and events.

We offer a challenging opportunity to work for Ukraine’s leading English-language newspaper.

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www.kyivpost.com

Employment/Classifieds 31

December 17, 2010

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PUBLIC AND REGULATORY AFFAIRS MANAGER FOR UKRAINE AND KAZAKHSTAN

IS LOOKING FOR TOP-NOTCH

multilingual journalists The successful candidate must be able to report and write in English, as well as Ukrainian or Russian.

Please send CV, three writing samples, three story ideas and a description of why you want to work for the Kyiv Post, one of Ukraine’s top news sources, to: Brian Bonner, chief editor, at

bonner@kyivpost.com

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FINANCIAL ANALYST

on Fridays in the following places:

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Classifieds 3&"- &45"5& are you interested in:

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please ask: ESC Eastern & Swiss Consulting GmbH www.esc-consult.ch

EUROPEAN QUALIT Y OFFICE

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Office for rent Location: Kiev City center, Gorkogo 41, 2 minutes from Metro “Republic Stadium�

Price, USD: 1500 / month

230 sq.m.

CBD

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English speaking driver in Kiev. Transfers, sightseeing - 20 euro per hour.

"D" class car, air cond., DVD. Evgeniy. mobile: +38 063 672-07-07 e-mail fo@ukr.net Skype: gorbulinskiy.

Ironing service in Kiev - Free delivery (certain areas) - Overnight turnaround - Hangers, covers included - Staff known by EU diplomats - 8 USD per 1kg - min.order 5kg (067)9337808

TAXI-MERCEDES Limousine, Bus translator-enterprete-Ubersetzer for rent. Autovermietung loyer tel. 067-305-0055 +38 096-298-5525

FREE JOB BOARD Jobs.expatua.com FOR EXPATS in UKRAINE

Linguistic Center "EnjoyClub" offers you fun time spending at our club through sightseeing, discussion clubs and various activities with our members.

Part time jobs are possible. k.berkovskiy@enjoyclub.com.ua, tel. 0504690995

Work Permits for Non-Residents Residency Permits, Tax IDs Company Registration, Nominal Directors Legal Support, Tax Reporting & Accounting info@megaprime.com.ua +380-50-070-2126, Perfect English

Interpreter, pretty female 30y.o.

Guide. Assistant. Help in any business. Accommodation. Transfer. www.kievcenterapartments.com +38 093 185 80 94 Irina

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Happy Birthday To the best Doctor in Kyiv From your most Admiring patient.

ЗайОНОтин ВаНориК Đ?ĐťĐľĐşŃ Đ°Đ˝Đ´Ń€ĐžĐ˛Đ¸Ń‡, Đ˛ĐľĐ´ŃƒŃ‰Đ¸Đš Ń…Đ¸Ń€ŃƒŃ€Đł Ќонтра ĐżĐťĐ°Ń Ń‚Đ¸Ń‡ĐľŃ ĐşĐžĐš и Ń?Ń Ń‚ĐľŃ‚Đ¸Ń‡ĐľŃ ĐşĐžĐš гинокОНОгии кНиники ISIDA

32 Paparazzi

www.kyivpost.com

December 17, 2010

Winner Cinthia Marcelle takes $100,000 home to Brazil for the three films she made for the contest.

Art giants and their edglings

Ukrainian TV host Olha Freimut (L) and British writer and broadcaster Tim Marlow host the ceremony

Æ

Billionaire and philanthropist Victor Pinchuk spared no cost to converge young artists with modern art gurus on one stage in Kyiv on Dec. 10. The culmination of Future Generation Art Prize took place in Ivan Franko Theater bringing together 21 international nominees and their judges from Guggenheim, Tate, and Pompidou modern art centers. The capital also welcomed big modern art shots in the likes of Andreas Gursky, Jeff Koons, Damien Hirst and Takashi Murakami.

The impressive reception was accentuated by Ukrainian folk from Dakha Brakha band and classical music by Russian pianist Denis Matsuyev. (Joseph Sywenkyj)

Japanese modern artist Takashi Murakami

The cream of modern art prefers conservatism in clothing

Philanthropist Victor Pinchuk (L), fashion designer Miuccia Prada and Damien Hirst