Business news from Ukraine

BULGARIA’S FISHERMAN INVESTMENTS TO BUY 22% OF SHARES IN KOSTOPIL GLASS PLANT

8 February , 2017  

KYIV. Feb 8 (Interfax-Ukraine) – Bulgaria’s Fisherman Investments LLC intends to acquire 2.724 million shares or 21.9999% of the share capital in private joint-stock company Kostopil Glass Plant (Rivne region), the company has reported in the information disclosure system of the National Commission for Securities and the Stock Market.

Edmonton Developments Inc. (British Virgin Islands) will sell the shares. As of Q3 2016 the company held 21.9990% in the Ukrainian company.

The price of a share will be $0.12 or UAH 3.23.

As of February 7, 2017, Fisherman Investments and affiliated persons did not hold shares in the plant.

Kostopil Glass Plant was founded in 2000. Its core business is hollow glass production.