Dashed IKEA dreams show decades lost to corruption in Ukraine

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By Alex Lennane

01/04/2014

Everything you ever wanted to know about doing business in Ukraine… with some very startling facts. Such as how one 40-year-old dentist built up a net worth of $510m in the past four years. Oh, he’s the son of the ousted president. There is apparently the equivalent of some 40% of GDP – $70bn – missing from state coffers. And why isn’t IKEA present in the country? It has no process in place for bribery. A thorough article outlining some of Ukraine’s many woes.

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Topics

IKEA Insane in the Ukraine Russian Roulette China-Europe rail Flexport Maersk New Silk Road Intermodal Russia Russia-Ukraine War Ukraine War! What is it good for?

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