Ukrainian Politics, Photo News, Economics

 Oleksandr Yanukovych - Coal King of Ukraine, Swiss Newspaper. PHOTO

Swiss daily Le Matin Dimanche writes that the son of Ukrainian President Yanukovych, Oleksandr became the king of coal in Geneva.

Translated text of the Le Matin Dimanche's article waspublished by journalist Natalia Sedletska on her Facebookpage.

The publication notes that "oligarch Oleksandr Yanukovych hasearned nearly $ 100 million since his father becoming the Presidentof Ukraine three years ago."
"Thanks to Geneva former dental student now sells thousands oftons of coal a day. Many have questioned the legitimacy of hisrapid success," says the article. Journalists note that "in Genevathe oligarch does not enjoy such great glory as at home."

"Oleksandr Yanukovych officially goes to Switzerland as atourist, does business quietly in the building near theIntercontinental Hotel. According to the commercial registry, thebuilding was registered to MakoTrading SA in November 2011. But thecompany, it seems, does not want publicity. Its contact phone isnot indicated anywhere, the name MAKO is not on the building," saysthe article.
Le Matin Dimanche arranged a meeting with the head of MakoTrading SA board of directors Felix Blitshtein. "Mako Trading is acompany trading coal, belonging to Oleksandr Yanukovych," he said,confirming the information of the Ukrainian Pravda.

"It was my idea, I saw a niche in the export of Ukrainiancoal," said a man with a Russian-English accent. Operations beganin April 2012. At present the company is engaged in exclusivetrading of anthracite from Ukraine.

"Now we do not sell very much, only 40 to 50 thousand tons ofcoal per month," explains Blitshtein. "This coal is of the highestquality, with a high carbon content and low humidity. It is sold ata price of 1.5-3 times higher than conventional coal which is usedto generate electricity. Its price is 130-260 USD per ton.

Blitshtein refuses to talk about income, but publication hasestimated that MAKO sells five to six million worth of coal inGeneva per month.
"Many sources doubt that Oleksandr has succeeded only becauseof his entrepreneurial skills. In Ukraine Yanukovych's clan iscalled the Family and is accused of family enrichment. Observersnote the formation of the new group of oligarchs where everythingrevolves not around President Viktor but around the eldest sonOleksandr," the newspaper writes.

Источник: https://en.censor.net.ua/v231404