In June the public joint stock company “Kiev research works Ugol” changed hands.
Revenco Limited (Cyprus) and an individual sold 42% and 37% of the works shares to a number of legal entities, among which is Andilero Holdings Ltd (Cyprus) and Vtorpolymery LLC (Kiev).
Ugol, despite its name (which means coal) has been away from coal industry for a long time and now leases its premises, earning 4 million UAH in 2016. (Ukrainian metal)