Why Does Nobody Want to Buy Roshen?

December 13, 2017

Roshen company, which Ukraine's President Petro Poroshenko promised to sell back in 2014, cannot find a buyer. This is what Giovanni Salvetti, Head of CIS at Rothschild Global Financial Advisory Group, told in his interview for "Ukrayinska Pravda" (Ukrainian Truth). He is the one taking care of Poroshenko's shares, which the President has moved to a "blind trust" in 2016.

Corporation's sale is very much affected by politics. Potential buyers understand that President Poroshenko is strongly associated with Roshen, and that he is being pressured by the society.

So, it is very possible that those, who would gladly buy the corporation, are offering unfavourable terms and waiting for a lower price.


Vasyl Yurchyshyn

Director, Economic Programmes


Born in 1955 in Kamyanets-Podilskyi.

Education:

T. Shevchenko Kyiv State University, Department of Cybernetics (1977).

Institute of Public Administration and Local Government at the Cabinet of Ministers of Ukraine (1994).

Professor in Public Administration. Author of nearly 100 scientific works.

Employment:

In 1977–1993, worked at the Kyiv University as an engineer, research fellow and senior research fellow;

1994–1999 — head economic researcher at the International Centre for Policy Studies, Fund for Banking and Finance Development;

1999–2004 — Assistant Professor, Department of Economic Policy of the Ukrainian (currently, National) Academy of Public Administration, office of the President of Ukraine;

1999–2004 — Research Director at the Agency of Humanitarian Technologies, later — Agency for Social Analysis;

2002–2003 — advisor to the Minister of Economy of Ukraine;

since April, 2004 — Professor, Department of Economic Policy of the National Academy of Public Administration, office of the President of Ukraine;

since June, 2005 — Economic Programmes Director at Razumkov Centre.

(044) 201-11-90

yurchyshyn@razumkov.org.ua