Business news from Ukraine

SUMY NPO ACQUIRES PROJECTENERGOSERVICE CONSTRUCTION COMPANY IN KAZAKHSTAN

21 August , 2017  

KYIV. Aug 21 (Interfax-Ukraine) – Public joint-stock company Sumy Machine-Building Science and Production Association (Sumy NPO), a large manufacturer of gas pumps and compressor stations in Europe, has acquired 100% of ProjectEnergoService LLC (Karaganda, Kazakhstan), according to a report in the information disclosure system of the National Commission for Securities and the Stock Market.
The company in Kazakhstan was bought for $50,000 (UAH 1.285 million).
ProjectEnergoService LLC was registered in 2011. Its core business is construction and assembly works, including special purpose works.
Sumy Machine-Building Science and Production Association is one of the biggest producers in Europe of gas re-pumping units and outfitted compressor stations for various uses: centrifugal, vacuum, and chemical pumps, and centrifuges and other equipment for the chemicals gas and oil-refining industries.