Pork producer Svizhachok to get new owner

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.