ukrainian news - 05.10.2004
Ukrainian Invest-Consulting acquired 20% of Rubezhansky cardboard and tare enterprise and 26% of Malinskaya paper mill
Ukrainian Invest Consulting (Ukraine, Kiev) acquired 20% of Rubezhansky cardboard and tare enterprise (Lugansk region, Ukraine) and 26% of Malinskaya paper mill shares (Zhitomir region, Ukraine) on September, 24 during the auction organized by Ukrainian International Stock Exchange.
Previously the shares were owned by state-owned Ukrbumprom. The amount of the transaction has not been disclosed.
The sale of Ukrbumprom shares was held in accordance with the project to resume the activity of Poninkovsky cardboard and paper enterprise. The stakes of Zhidachevsky pulp and paper enterprise (26%) and Kievsky cardboard and paper enterprise (30%) were sold in autumn 2003. In early 2004 26% of Lvovkartonplast shares and 18.5% of Izmailsky pulp and cardboard shares were sold. Ukrbumprom currently owns 30% of Dnepropetrovsk paper mill shares.
Lesprom
See also:
- — Polish Barlinek S.A. to build a sawmill worth EUR 40 million in Ukraine
- — Cardboard and paper production by Ukrainian enterprises increased 15.6% to 520 thousand tons in 9 months of 2004
- — Lesdrevmash-2004 the 6th International specialized exhibition of machinery and equipment for timber, woodworking and furniture industry will run from October, 5 2004
- — Ukraine: Import — export. During the first six months 2004 Ukraine exported 5.2 times more wood-pulp
- — Zhidachev Pulp and Paper Mill increased export volumes by 83%.
