Business news from Ukraine

CITIZEN OF PARAGUAY INTENDS TO ACQUIRE 100% IN UKRAINIAN LINGERIE MANUFACTURER

4 July , 2021  

A citizen of Paraguay intends to acquire 100% of the charter capital of PrJSC Wild Orchid, Ukraine, the lingerie manufacturer (Lubny, Poltava region), according to the information disclosure system of the National Securities and Stock Market Commission. According to the report, Rocio Esther Guerrero Lopez, registered in Paraguay, announced its intention to independently acquire 1,424 common registered shares of Wild Orchid, Ukraine (100% of the charter capital), while as of June 25 of this year, she and the persons affiliated with her did not own the shares of the company.
According to the National Securities and Stock Market Commission, in the first quarter of this year, 100% of the shares of the joint-stock company belonged to Irina Meier, registered in Malta, and until December 2019, this package belonged to Russian businessman Vyacheslav Balabaev.
As reported, PrJSC Wild Orchid, Ukraine (then it was CJSC) was founded in 2005 as a chain of luxury lingerie stores and was a subsidiary of the Moscow-based lingerie retailer Wild Orchid Group.
According to the National Securities and Stock Market Commission, in 2014, Russia’s Etamin LLC became the owner of 100% of the shares of the Ukrainian company instead of CJSC Wild Orchid Group, and already in 2015 an individual from Ukraine, who was replaced by Balabaev in the second quarter of 2017, was the owner.

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