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«AgroInvest» — News — Khlibinvestbud is no longer government-owned agro holding

Khlibinvestbud is no longer government-owned agro holding

2012-09-11 15:36:33

Khlibinvestbud is considered to be one of the largest grain exporters in Ukraine, included in the top-500 largest companies of Europe list by Deloitte can no longer be considered Ukrainian government-owned company as Aldzas Investments, Cyprus Based company invested UAH 1.457 M in the company’s statuary fund, effectively becoming the largest stockholder (98% of share capital) of the company, followed by “Kalasar” (1.07%) and “Khlib Ukraina” (1%).

AgroInvest comment: changes in stockholders of the company was caused by accusations regarding excessive government assistance to the company in terms of setting grain export quotas (2011) and providing exports tenders to Khlibinvestbud. It is not clear whether those official changes will have any effect on the actual situation.   

 

For more detail please refer to the UAIndex Daily (September  11 issue).

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