Business news from Ukraine

Company from Concorde Capital acquires right to use Maryansky limestone quarry

Maryansky Quarry LLC of businessman Igor Mazepa’s Concorde Capital group has been granted the right to buy out a special permit for the use of the Maryansky limestone quarry (Dnipropetrovs’k region) after the winning company lost this right by a decision of the State Service of Geology and Subsoil of Ukraine.

According to the Nadra.info portal, Forsazh LLC was deprived of the right to obtain a special permit because it did not enter into a sale and purchase agreement following the tender, where it offered UAH 151.2 million. The relevant decision was enshrined in the order of the Head of the State Service of Geology and Subsoil of February 15.

Thus, the right to buy out the special permit was transferred to Maryansky Quarry LLC, which offered UAH 52.2 million at the tender.

According to the State Service of Geology and Mineral Resources, the reserves of the Maryansky deposit are about 132 million tons of limestone.

According to Opendatabot, the owners of Maryansky Quarry LLC are Kryvyi Rih Cement (90.1%) and Natalia Kurkova (9.9%), while the ultimate beneficiaries are Ihor Mazepa and Vitaliy Antonov.

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