The Antimonopoly Committee of Ukraine (AMCU) has fined Smaragd LTD UAH 17,704,710 for violating the legislation on protection against unfair competition, in particular for disseminating false information on the labels of Buvette 3 (Vital) mineral natural table water, the regulator’s press service reports.
According to the AMCU’s decision, Smaragd Ltd. was found guilty of violating Art. 15-1 of the Law “On Protection Against Unfair Competition”, as it disseminated false information misleading consumers about the properties of Buvette 3 (Vital) still and low-carbon mineral table water, which was placed on 0.5 l, 0.75 l, 1.5 l, 1.7 l bottles.
According to the Opendatabot service, Smaragd LTD was registered in 2004 in Kremenchuk, Poltava region, and in 2021 the company changed its legal address and moved to Dnipro, Dnipro region. The company specializes in the production of bottled soft drinks and mineral waters. It owns the Buvette trademark.
In 2023, the company’s revenue amounted to UAH 769.77 million, net profit – UAH 6.33 million, and debt obligations – UAH 752.13 million. The plant’s assets are estimated at UAH 944.63 million. The company employs 252 people. The authorized capital is UAH 65 million.
The beneficiaries of the company are Yevhen Sharinov and Yevhen Dveris through the Cyprus-based Eliay Investments Limited.
