Business news from Ukraine

Business news from Ukraine

Registration of issue of shares of Oranta Concern canceled

3 March , 2024  

On February 20, the National Securities and Stock Market Commission (NSSMC) canceled the registration of the issue of ordinary registered shares of PJSC “Concern Oranta” in connection with the termination by merger with PJSC “National Joint Stock Insurance Company “Oranta” (Kyiv), according to the commission’s website.
As reported at the end of May 2022, the shareholders of NJSIC “Oranta” decided to join PJSC “Concern “Oranta”. In October 2021, Oranta reduced its stake in Oranta Concern PJSC from 100% to 76.19%. Interinformcenter PE became the owner of 23.809% of the shares of Oranta Concern.
Oranta Concern was registered in 1998. It specializes, inter alia, in leasing and operation of own or leased real estate (the principal activity), as well as in the activities of intermediaries in the trade of goods of a wide range, leasing of office machinery and equipment, including computers, and general cleaning of buildings.
The authorized capital is UAH 21 million.
Oranta is the legal successor of Ukrderzhstrakh, founded on November 25, 1921. The insurer operates under 33 licenses: 15 compulsory and 18 voluntary types of insurance. Ukrainian businessman Oleksandr Yaroslavsky’s NS-Finance LLC owns 72.24036% of Oranta.