Ukroagro Alliance (Nicosia, Cyprus) belonged to Vasyl and Yevhen Astion plans to acquire Khorol baby food plant LLC (Poltava region) and Khorol baby food plant Trade House LLC (Kyiv).
The Antimonopoly Committee of Ukraine could permit Ukroagro Alliance to buy a stake in the charter capital of the two companies exceeding 50% of the votes in the management bodies of the companies.
According to the unified public register of legal entities and individual entrepreneurs, Vasyl and Yevhen Astion are also founders of Dnipro Agro Group, which core business is the production, storage and sale of grains and oilseeds.
The enterprises of Dnipro Agro Group cultivate more than 50,000 hectares of land in Dnipropetrovsk region, grow wheat, barley, sunflower, and rape. The group owns three silos with a total storage capacity of about 125,000 tonnes.
Khorol baby food plant produces cereals, dairy products, water under the Maliutka, Malysh and other trademarks. The plant produces more than 20 kinds of products.
Qibox Financial Ltd. (Nicosia, Cyprus), owned by Serhiy Kobzar, is listed as the ultimate beneficiary of Khorol baby food plant and the trade house.
The Antimonopoly Committee of Ukraine has permitted Ukrainian Ceramic Technologies LLC (Khmelnytsky) to buy a brick plat from Czech Export Bank (CEB, Prague). As the press service of the regulator reported on Thursday, the company received permission to buy a complex of buildings of the brick factory with equipment and a land parcel, which provides for the production and sale of ceramic bricks of various types.
As reported, early October 2018, a brick factory in the village of Kuzmyntsi (Kaharlyk district, Kyiv region), put up for sale by the Czech Export Bank, was sold for UAH 170 million – a record amount at the OpenMarket electronic trading platform of the state-owned enterprise SETAM. According to the documentation provided in the announcement, the lot included a complex of buildings of the brick factory with a total area of 15,900 square meters, land area of 3 hectares, and equipment.
Kuzmyntsi brick factory, which began operating in 2002, was declared bankrupt in April 2016.
Grigeo Klaipeda (Lithuania), which owns the major stake (more than 97.92%) in PJSC Mena Pack (Mena, Chernihiv region), a manufacturer of corrugated boxes, intends to use the right of squeeze-out.
According to a report by Mena Pack in the information disclosure system of the National Commission on Securities and Stock Market, it received the corresponding notification on November 27.
Grigeo Klaipeda has been holding the major stake in the company since 2012. The charter capital of the company is UAH 4.01 million, the nominal value of shares is UAH 5.
Mena Pack, which has been operating in the corrugated packaging market for more than 30 years, produces corrugated packaging made of three-layer corrugated cardboard for tobacco, food and construction industries.
Grigeo Klaipeda is part of Grigeo Group, the only manufacturer of chipboard, cardboard and sanitary paper in Lithuania and one of the largest in the Baltic States. Grigeo Klaipeda produces components for corrugated cardboard.
The Antimonopoly Committee of Ukraine has permitted Sergiy Tigipko to acquire over 50% of shares in private joint-stock company Kuznya on Rybalsky plant (Kyiv) indirectly via Avins Limited (Cyprus).
“Citizen of Ukraine was permitted [indirectly via Avins Limited (Cyprus)] to acquire shares in PrJSC Kuznya on Rybalsky plant (Kyiv, Ukraine), which will grant over 50% of the votes in the management body of the company,” the committee said in an official report on Friday.
As reported, the committee received Tigipko’s application on September 26, 2018.
Earlier the TAS Group belonged to Tigipko said that the group has reached a preliminary agreement on acquisition of PrJSC Kuznya on Rybalsky Plant.
“After receiving a permit from the regulator, the sides plan to continue finalizing the deal,” the group said.
The cost of the deal and the term for finalizing it are not disclosed.
Kuznya on Rybalsky is a famous shipyard on the Ukrainian market. The key shareholder in the plant privatized in 1995 is the non-diversified corporate investment fund Prime Assets Capital (earlier Petro Poroshenko fund, Kyiv).
Astarta Holding N.V. (the Netherlands), the holding company of Astarta holding, in the period from August 27 through August 31, 2018 bought back 1,710 own shares. The average price was PLN 32.99 per share, according to a posting on the Warsaw Stock Exchange (WSE).
According to the WSE, the Astarta’s shares on September 3, 2018 fell by 1.82%, to PLN 32.40 per share ($1 equals PLN 3.6991 using the exchange rate of the National Bank of Poland as of September 3). As reported, the Board of Directors of Astarta Holding N.V. appointed Poland’s brokerage house, Pekao Investment Banking S.A. a buyback agent to carry out the buyback of the company’s shares under the approved program. The buyback program was launched for the purpose of meeting obligations arising the debt financial instruments exchangeable for or convertible into equity instruments and employee share option programs.
On May 25, 2018, the shareholders in Astarta approved the decision to extend the buyback program for another 18 months (from the date of the holding of the general meeting of shareholders). The company could buy back up to 2.5 million shares (up to 10% of outstanding securities) at the price of no more than PLN 125 per share.
Astarta is a vertically integrated agro-industrial holding operating in Poltava, Vinnytsia, Khmelnytsky, Ternopil, Zhytomyr, Chernihiv, Cherkasy and Kharkiv regions.
PJSC Ukrzaliznytsia by the end of this year plans to buy several thousands of freight wagons from external producers, acting Board Chairman Yevhen Kravtsov has said. “We have already built more than 2,000 wagons at our own plants, and in addition, 500 have been bought by outsourcing. By the end of the year we are planning to buy a few more wagons under an external contract,” Kravtsov said in an interview with Radio NV.
Asked which manufacturers wagons will be bought from, the head of the company said that it would be decided at a tender. He recalled that this year freight gondola cars were purchased from the Kriukov Car Building Works (Poltava Region) and Popasna wagon repair plant (Luhansk region).
He also recalled that this year more than 50 passenger wagons were purchased from the Kriukov Car Building Works.
“It is necessary to update a minimum of 200-300 diesel locomotives and 500-600 electric locomotives within five or seven years,” Kravtsov said.