Wimax Ltd. (Cyprus) has bought the shares of PJSC Chasiv Yar Refractory Plant (Donetsk region) from the family of former MP Vladyslav Lukyanov (the Party of Regions faction). According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market, on the basis of information received from the National Depository on November 22, 2019, the shares of large shareholders changed.
Thus, the stake of the Lukyanov family members, including Vladyslav, who owned 24.573% of the shares in the plant, Volodymyr (22.901%), Artem (6.654%), and Daria (6.509%) fell to zero.
In turn, the stake in Wimax Ltd. increased from zero to 67.866% of the charter capital of the plant.
As reported, with reference to the Antimonopoly Committee of Ukraine, Vesco Limited (Limassol, Cyprus), which combines the clay mining business of UMG investment company of SCM Group, acquires PJSC Chasiv Yar Refractory Plant. In October 2019, the committee began consideration of the case of concentration in the form of the acquisition by Vesco Limited of the shares in the plant, which provides the buyer with over 50% of the voting shares on the company’s board.
KMZ Industries (Karlivka Machine Building Plant, Poltava region) has won a tender for the supply of elevator equipment for a farm in Romania, which will be the first integrated supply of enterprise to the country of the European Union. According to information on KMZ Industries’ website, the production of elevator equipment (silos, transport and cleaning equipment) has already begun as part of the order, which will be delivered to the customer for installation in 2.5 months. At the same time, the value of the contract was not disclosed.
The press service of the company told Interfax-Ukraine that, in addition to local firms, large international companies such as AGI, Simaga and others, participated in the tender. In addition, this will be the first supply of Ukrainian elevator equipment to the EU.
“The agreement with the Romanian farm provides for the integrated supply of equipment for storing grain for further processing on the fish feed production line. This is a small amount compared to our orders, but very significant for us. In addition, the agrarian received partial funding for this supply from European funds who put forward very serious requirements for the quality of the equipment being financed,” Oleksandr Tkachenko, the head of the export business of KMZ Industries, said.
According to him, the plant plans to expand cooperation in this region.
Poltava mining and processing plant (PGOK, Ferrexpo Poltava Mining, Horishni Plavni, Poltava region), the largest producer of iron ore pellets in Ukraine, by the decision of its sole shareholder, Swiss-based Ferrexpo AG, intends to increase its charter capital by 62.3%, or UAH 1.185 billion through an additional issue of shares without public offering.
The corresponding issue of shares was registered by the National Commission for Securities and the Stock Market of Ukraine on October 18.
At the time of the decision on the issue (July 31 of this year), the charter capital of PGOK amounted to UAH 1.902 billion and was divided into 191 million shares with a par value of UAH 9.96. The sources of increase in the charter capital are cash in foreign currency.
The term for the placement of shares is from October 4 to November 20 of this year.
As reported, Ferrexpo AG, which owned a 99.1167% stake in PGOK, in June of this year forcibly bought back shares from minority shareholders under a squeeze-out procedure and increased its stake to 100%. The buyback price amounted to UAH 34.24.
Ferrexpo Plc, which owns 100% of Ferrexpo AG, which in turn owns 100% of Poltava GOK and 100% of Yeristovo GOK, is traded on the London Stock Exchange (LSE).
Since the beginning of July this year, the price of Ferrexpo shares on the LSE fell by almost 2.1 times, to GBP1.354 per share, which is the lowest level since January 2017.
Chemical Alliance LLC (ChemAlliance) has launched a plant for the production of liquid complex fertilizers with a capacity of 5,000 tonnes per month in Zaporizhia region, owner of the company Vitaliy Popov has said.
“On July 1, we launched a plant for the production of liquid complex fertilizers with a capacity of 5,000 tonnes per month in Zaporizhia region. Investments amounted to about $1 million,” he told Interfax-Ukraine.
According to Popov, now the company is looking for a site for the second, more powerful production, which is to be launched in the spring of 2020.
“We plan to build two more plants in different parts of Ukraine. Ideally, these are Zhytomyr and Poltava or Cherkasy. I hope that we will implement these projects by the end of 2020. In total, we will reach 30,000 tonnes of liquid complex fertilizers per month,” he noted.
Popov said that Ukrainian raw materials and those imported from the EU (50/50) are used for the production of fertilizers.
Chemical Alliance LLC (Poltava) was established in 2010. It is engaged in production and sale of liquid mineral fertilizers and sale of granular ones.
Kyiv’s businessman Dmytro Nikiforov has built up 100% of corporate rights in a group of companies owning the Mizun mineral water plant (Ivano-Frankivsk region), producing water under the VODA UA trademark. According to the information on the website of InVenture, the group of companies includes Mizun LLC, Astreya LLC and Karpaty Mineral Waters LLC. Mizun deposit of table and medicinal waters is the largest in Ukraine with a confirmed debit of 1 million liters per day. The plant produces 19 SKU of natural table water under three trademarks (VODA UA, Horianka, Karpatska Vysokohirna), as well as mineral medicinal water. The total capacity allows bottling 150,000 liters per shift.
According to InVenture, the new owner of the plant seeks to invest $2.4 million in the modernization and expansion of production, and in the two-year term – to enter the top 10 Ukrainian bottled water producers.
“According to experts, the purchase of the plant could cost the businessman $1.5-2 million. The flagship brand of the VODA UA group was created about three years ago and demonstrates strong growth, primarily in the HoReCa segment,” InVenture said.
According to the public register of Legal Entities and individual entrepreneurs, Nikiforov also co-owns several enterprises registered in Kyiv and is engaged in trade, consulting services, and other services.
T.B.Fruit, one of the largest processors of fruits and berries in Ukraine, has begun the construction of the eighth plant of the group for processing fruits and berries in Brzostowiec (Poland), investment in which will amount to EUR45 million, founder of T.B.Fruit Taras Barschovsky has said. “The capacity for apple processing will be 300,000 tonnes, strawberries 10,000 tonnes, cherries 6,000 tonnes, raspberries 12,000 tonnes, currants some 7,000 tonnes per year. Production start is scheduled for July 2020,” he told the Interfax-Ukraine agency.
According to Barschovsky, investments in the plant are estimated at EUR45 million.
T.B.Fruit is a vertically integrated international group of companies with a closed production cycle (growing raw materials, processing, transportation).
The group of companies was established in July 2011 after the consolidation of all the assets of businessman Taras Barschovsky.
