Pork producer Svizhachok to get new owner

Pork producer Svizhachok to get new owner

State Commission of Securities and Stock Market of Ukraine provided that mr. Rostyslav Goncharov to become new and only shareholder of the enterprise

Rostyslav Ovcharov revealed his plans with the controlling bodies upon acquiring of 100% stake of domestic pork producer Svizhachok, located in Zaporizhia region. In particular, it relates to 56.26mln shares under control of the CEO of the enterprise Andriy Dolgovskiy. Prior to this, a non-state corporate pension sold 98.5% shares of the company.  In 2016, the company increased its losses by 44% y/y to UAH 18mln. Svizhachok breeds and sells pigs in live weight to meat processing plants in Poltava, Zaporizhia, Dnipropetrovsk and Donetsk regions of Ukraine.

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