Terwin (corporation)
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Terwin (corporation)
Terwin ( uk, Тервін) is a Ukrainian corporation that unites assets managed and co-owned by Ruslan Shostak. The corporation employs 30,000 people in 17 companies. The corporation of Ruslan Shostak, co-owner of EVA and VARUS retail chains, includes all of his businesses, in particular in the field of retail trade of food products and drugstore goods, development and car businesses. History Terwin Group Limited Liability Company was registered in October 2016 in the city of Dnipro. Initially, the company was engaged in providing accounting and audit services, as well as tax consulting. On 26 October 2023, the Anti-Monopoly Committee of Ukraine allowed Ruslan Shostak Charitable Foundation to establish the Terwin Group Corporation (Terwin Group). On 10 November 2023, Terwin Corporation signed a memorandum with UkraineInvest UkraineInvest (Ukraine Investment Promotion Office) Was established on October 19, 2016, by a resolution of the Cabinet of Ministers of Ukraine No. 74 ...
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Corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e. by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: by whether they can issue stock, or by whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this article) or '' sole'' (a legal entity consisting of a single incorporated office occupied by a single natural person). One of the most att ...
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