ALFA

Serbian Lottery Director Accused of Tax Evasion in North Macedonia

The Financial Police Directorate told BIRN that, as a director of ALFA SKOP DOO Skopje in 2013 and 2014, Kazic failed to report profits of 61.8 million denars, roughly a million euros, "thus failing to calculate and pay profit tax in the amount of 10 per cent of the total."

ALFA SKOP DOO is the owner of Alfa TV, one of six national broadcasters in North Macedonia.

Expected arbitration ruling plays role in Russian Alfa's decision to sell Turkcell stakes: Sources

A possible ruling in favor of Turkey's Çukurova Holding by a U.K.-based arbitration court has played a significant role in a recent decision by the company's Russian partner in Turkcell, Alfa Telecom, about selling its Turkcell stakes, sources told daily Hürriyet. 

Ziraat Bank is expected to play a key role in the transaction, added sources.