Edelweiss ARC Shifts Strategy Under New CEO Arun Mehta

Edelweiss Asset Reconstruction Company has appointed former SBICAP chief Arun Mehta as MD and CEO to accelerate its pivot toward retail and MSME stressed assets. This leadership change follows a fiscal year where retail exposure surged to 29%, marking a transition from traditional large-scale corporate insolvency toward high-volume, granular recovery models. The Operational Pivot The…

Property belonging to a company linked to Kolomoyskyi, which has gone bankrupt, is being sold in Mykolaiv

Premises belonging to a company that previously provided services to PrivatBank are being sold in Mykolaiv. Photo: auction Two large non-residential premises in Mykolaiv, with a total area of almost 4,000 square metres, owned by the company «Montana-Estate», have been put up for auction. Information about the sale has been published on the National Electronic…