Throughout the final six months, 93 corporations in Ukraine have eliminated indicators of Russian possession and proceed to do enterprise within the nation, regardless of a moratorium on altering the registration of corporations with Russian house owners, the monitoring service Opendatabot reported.
In response to Russia’s full-scale invasion, Ukraine adopted a legislation to permit the seizure of belongings or property in Ukraine owned by Russia or Russian residents. As a part of the legislation, Russian-owned or linked corporations had been barred from reregistering their possession, with some exceptions.
Regardless of the ban, some corporations have discovered methods to take away their Russian house owners to proceed working. Opendatabot additionally discovered that a few of these corporations have participated in public procurement tenders.
Opendatabot reported {that a} manufacturing and clothes distribution firm with Russian ties, Texter Ltd., received seven tenders totaling Hr 19.6 million ($467,777). Welesgard LLC, a enterprise consulting agency, received contracts price Hr 19.3 million ($459,633), and tech retailer Period Cellular obtained 37 tenders totaling Hr 1.9 million ($45,248).
In 2023, 12 corporations with Russian ties earned over Hr 10 million ($238,421), Opendatabot stated. Practically half earned much less, whereas others filed no experiences.
Over 18,000 corporations in Ukraine had Russian ties in the beginning of the full-scale invasion, in accordance with Opendatabot. By Might 2024, 621 corporations had allegedly altered possession data to bypass authorized restrictions.
The monitoring service stated it has despatched a request to the Justice Ministry to confirm the legality of the re-registrations.
In response to an inquiry from the Kyiv Impartial, the Justice Ministry stated it had checked all 621 corporations and located violations within the registration of 14 corporations, two of which had been associated to non-compliance with restrictions on Russian belongings.
Opendatabot additionally stated it had already contacted the ministry earlier final yr with details about corporations that had modified their registration illegally. On account of the inquiry, the Justice Ministry performed 10 inspections, eight of which had been discovered to have illegally altered their registration.
The Kyiv IndependentBoldizsar Gyori