You're reading: Ukraine Digest: Sept. 28

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Did Russians buy the Dnipro Hotel?

When the government put Kyiv’s central Dnipro Hotel on sale in February, esports entrepreneur Alexander Kokhanovskyy knew he wanted to buy it. However, speculation is rife about where Kokhanovskyy got $41 million to buy the hotel. Rumors persist that Russian money could be in the deal, with some naming Alisher Usmanov, a Russian oligarch close to the Kremlin and Russian President Vladimir Putin, as a likely investor in Kokhanovskyy’s acquisition. Kokhanovskyy denied that, despite a common business history.

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From the archives – Ukraine: From Borderland To Raiderland

It seems like the wild and lawless ’90s are here again. Numerous Ukrainian businesses are alleging raider attacks. Among them are Swissport International, McDonald’s, Globus Mall, Vitmark Ukraine and many telecoms firms. What’s going on? We have a team report from Katya Gorchinskaya, Mark Rachkevych and Anna Babinets. Katya adds on op-ed piece saying it appears to be open season on investors.

Read the Sept. 27, 2013 edition