Business news from Ukraine

DISTRIBUTOR OF ISUZU VEHICLES IN UKRAINE BECOMES OWNER OF ISUZU UKRAINE

29 August , 2018  

Komtranskomplekt LLC (Kyiv), the official distributor of Isuzu vehicles and spare parts in Ukraine, has acquired 100% of shares in private joint-stock company Isuzu Ukraine automobile company (Kyiv), which sells Japan’s Isuzu trucks. According to a report in the information disclosure system of the National Commission for Securities and the Stock Market, Isuzu Ukraine received the notification on August 26. The deal to sell 25% of the company (the face value of each share is UAH 1,000) was signed in May 2018.
According to the commission, as of late Q2 2018, 80% of shares in PrJSC Isuzu Ukraine belonged to Japan’s Isuzu Motors and 20% to Sojitz Corporation.
Isuzu Ukraine automobile company was founded in 2007 to promote Isuzu-Bogdan buses and trucks to the Ukrainian and CIS markets. Bogdan Corporation held 50% of the shares, Isuzu Motors – 30% and Sojitz Corporation – 20%. In 2013, Bogdan Corporation left the company as a shareholder.

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