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Two Ukrainian businessmen allegedly mismanaged the influential company «Intercoaltrading», ultimately leading it to bankruptcy.

Ukraine’s coal market has long been associated with opaque schemes, offshore companies, and nominee ownership structures.

Two Ukrainian businessmen skillfully drove the influential company «Intercoaltrading» to bankruptcy.

Coal supply is a painful topic for Ukraine. Since 2014, the occupying country has almost completely cut off Ukraine’s ability to extract and supply this resource from Donbas.