Advertising

Bunge raids highlight problems with aggressive customs, tax authorities

Author: Jakub Parusinski All articles by this author

More about Jakub Parusinski


Sep. 27, 2012 23:13
215 159
While Ukraine remains a promising destination for agribusiness investments, massive red tape, bureaucracy and shakedowns by the authorities are a constant hassle that can cut into profit margins and patience of a business.
Photo by AFP

Recent tax raids of the Odesa branch of Suntrade, a subsidiary of global grain trading giant Bunge, spooked investors and highlighted the constant problems that foreigners face when doing business in Ukraine. 

Exclusive article

To support independent journalism in Ukraine and gain access to this Kyiv Post exclusive article, please subscribe.

A Kyiv Post digital subscription is only $1.15 per week - the price of a cup of coffee!

Why support us? There are five reasons to subscribe to Kyiv Post.

Learn More
Subscribe now
Tags:


215 159

The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.

comments powered by Disqus

Read more in {{sectionName}} section

All in {{sectionName}} section

SUBSCRIBE TO KYIV POST NEWSLETTERS