SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported) DECEMBER 27, 1999

                               TRIMOL GROUP, INC.
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               (Exact name of registrant as specified in charter)


                                    DELAWARE
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                 (State or other jurisdiction of incorporation)


        0-28144                                           13-3859706
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(Commission file number)                       (IRS employer identification no.)


        1285 AVENUE OF THE AMERICAS, 35TH FLOOR, NEW YORK, NEW YORK 10019
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                    (Address of principal executive offices)


Registrant's telephone number, including area code (212) 554-4394


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          (Former name or former address, if changed since last report)


Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

         Effective December 27, 1999, the registrant and KPMG Accountants, N.V.
("KPMG"), the independent accounting firm engaged as the principal accountant to
audit the registrant's financial statements, ceased their relationship. Such
decision resulted from the registrant's desire to reduce its costs. In addition,
and in response to KPMG's suggestion, in an effort to expedite its SEC reporting
process thereby allowing the registrant's auditors additional time to complete
their reports, the registrant plans to retain an accounting firm based in the
U.S. KPMG's report on the registrant's financial statements for each of the past
two years did not contain an adverse opinion or a disclaimer of opinion, and was
not qualified or modified as to uncertainty, audit scope, or accounting
principles. During the registrant's two most recent fiscal years and any
subsequent interim period preceding December 27, 1999 there were no
disagreements with the former accountant on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of the former
accountant, would have caused it to make reference to the subject matter of the
disagreements in connection with its report.

         Currently, the registrant is in the process of selecting a new
independent accountant, as the principal accountant to audit the registrant's
financial statements.


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                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                               TRIMOL GROUP, INC.
                                               (Registrant)


Dated: January 4, 2000                         By: /s/ TED SHAPIRO
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                                                       Ted Shapiro
                                                       President and CEO


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