The National Agency for Detection, Search and Management of Assets Derived from Corruption and Other Crimes (ARMA) has announced a tender for the selection of a manager for the seized assets of IDS Ukraine, which produces and sells mineral water under the Morshinskaya, Mirgorodskaya and Borjomi brands.
As reported in a press release on Friday, the participants of the tender offered the management of corporate rights of the company in the form of 100% share in the authorized capital of the legal entity in the amount of 8.8 million UAH.
In addition, ARMA is looking for the manager of the corporate rights of a foreign company, namely the common uncertificated registered shares of the legal entity specializing in the wholesale of food, beverages and tobacco products, with a total nominal value of UAH 4.5 million.
It is specified, that the acceptance of applications will last till February 22, the documents are being submitted by e-mail of the agency.
As earlier reported, the general director of IDS Ukraine Marko Tkachuk said in reply to Interfax-Ukraine news agency’s inquiry that the transfer of corporate rights of the company totaling more than UAH 10 billion to ARMA would not affect the economic activities of the group.
He reminded that the decision about the transfer of corporate rights of the sanctioned IDS shareholders (citizens of the Russian Federation) to ARMA was made by Shevchenko District Court of Kyiv on November 9 and 11, 2022.
On November 23, the Bureau of Economic Security of Ukraine (BES) reported about the arrest of corporate rights of Russian shareholders of IDS Ukraine in order to avoid their withdrawal from Ukraine of assets of seven enterprises for the production and sale of drinking water. According to the BEB, these enterprises are actually owned by them through a non-resident offshore company under their control.
IDS Ukraine is a Ukrainian group of companies founded in 1996, the largest national producer of bottled water. The holding includes Morshynsky mineral water plant “Oskar”, “Mirgorod mineral water plant”, the distribution company “IDS” and water delivery operator “IDS Aqua Service”.
GK owns trade marks “Morshynska”, “Mirgorodskaya”, “Alaska” and “Aqua Life”.
According to the rating of the 100 most expensive Ukrainian brands, compiled by the publication “NV” and MPP Consulting company in 2021, the market value of “Morshynska” brand of IDS Group Ukraine holding was $ 533 million. The total amount of capital investment over the past five years amounted to 2.3 billion UAH.
