The Ukrainian Metal

Ukraine: Kremenchuk Steel Works on sale

Fineurovector LLC and Alfa Kros LLC have announced their intention to buy respectively 24.5667% and 24.95% of the Kremenchuk Steel Works, a part of TAS Group.

At present the companies own no shares of KSZ.

As of Q2 Sertako Limited owned 29.0254%, Devisal Limited – 17.1879% and Defano Investments Ltd – 48.4421%. All these companies are registered in Cyprus.

In 2018 Kremenchuk Steel Works received 218.79 million of net profit as opposed to 9.61 million UAH of net loss in 2017. Net income grew by 79%, to 1.272 billion UAH. (Ukrainian metal)

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