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/ Main / News / 10% of Odessa Port Plant shares sale approved by the Ukrainian Cabinet of Ministers


Placed: 12.03.2007 12:07:49

10% of Odessa Port Plant shares sale approved by the Ukrainian Cabinet of Ministers

Ukrainian Cabinet of Ministers approved the decision of 10% of Odessa Port Plant shares sale.

Ukrainian Cabinet of Ministers approved the decision of 10% of Odessa Port Plant shares sale.
 As it was announced in Ukrainian State Property Fund press-service with a reference to USPF Head Valentina Semenyuk, the decision was approved on March, 7, 2007, at the UCM session.
V. Semenyuk specified that the international laws stipulate for not less than 5% of shares to be sold to define the establishment’s total cost. “At the same time, our laws defines that a 10% shares pack is to be sold for the same aim”, said the USPF Head. Odessa Port plant is the Ukraine’s largest carbamide producer and the second largest ammonia producer.
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