Word: kakhovka
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Dates: during 2000-2009
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...rushes into Ukraine without a lot of caution will end up getting burned." Some investors say that may be an unduly bleak view. Nine years ago, two Swedish businessmen, Johan Boden and Carl Sturen, invested about $5 million to start up a company in the farming town of Kakhovka aimed at making use of Ukraine's rich agriculture, including its tomatoes. Their firm, Chumak, named after Cossack salt merchants, is now a leading national brand, making a range of more than 30 types of ketchup, pickled vegetables, spaghetti sauce and other condiments for the Ukrainian and Russian markets. Sales last...
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