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Ethics In Ukraine

The Ukrainian Way of Doing Business: “Pogylayko” Story

Alexander was unemployed for several months, when a call came from his mother-in-law Oksana, who offered him a place in her company – “Pogylayko.” Alexander knew all about the company: how it got started and was operated. Now, it was up to him to make a tough decision, resolving the dilemma that came from his knowledge.
The history of “Pogylayko” began 5 years ago. Alexander’s parents-in-law used their connections with government and privatized nice building not far from city center for a fraction of its real cost. It was owned by Lviv Railroad, but through bribing all the necessary people agreement was achieved. Than, city authorities were bribed and provided all the necessary legal documents and permissions for new business. The money for all transactions were provided by Alexander’s parents-in-law, who are owners of the company, and three other investors, who still share 30% of company’s incomes.......


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Approximate Word Count: 1114
Approximate Pages: 5 (250 words per double-spaced page)

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