Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski

Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski

27.01.2016 News

Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer The Antimonopoly Committee of Ukraine allowed domestic pharmaceutical manufacturer “Farmak” to buy a Polish pharmaceutical company KWW Kotkowski Wierzbicki W?grzyn sp.j.

“PJSC “Farmak” (Kiev) received the permission for indirect [through the company “Farmak Invest Limited” (Nicosia, Cyprus)] acquisition of shares in the authorized capital of the company “KWW Kotkowski Wierzbicki W?grzyn sp.j.”, which provides excess of 50% of the votes in the supreme governing body of the company”, – reported in AMC.

The corresponding decree of January 25, 2016 published on the site of the office.

In addition, the Antimonopoly Committee has granted permission to the company “Farmak” and to individuals – citizens of Poland for concerted actions in the form of obligations to refrain from competition under Section 8 of the share purchase agreement in the authorized capital of the company KWW Kotkowski Wierzbicki W?grzyn sp.j. (Warsaw, Poland), for a period of five years.

The amount of the transaction was not disclosed. KWW Kotkowski Wierzbicki W?grzyn sp.j. was registered in September 2015 and operates on trade, particularly in medicines and baby food, writes the Hubs magazine.

“Farmak” is a pharmaceutical company, operating since 1925. The company specializes in drugs manufacture.

One of the modern trends is the development is the production of biotechnological products. The portfolio of “Farmak” drugs there are more than 200 types of medicines; every year an average of 15 new drugs are being developed.

Source: pharma.net.ua

Other articles

  • Radisson Hotel Group strengthens its extended stay value proposition and ambitiously grows its serviced apartments portfolio across EMEA
    News

    Radisson Hotel Group strengthens its extended stay value proposition and ambitiously grows its serviced apartments portfolio across EMEA

    Radisson Hotel Group has plans to more than double its serviced apartments portfolio within the next 5 years across EMEA. Today, serviced apartments represent around 10% of the Group’s EMEA portfolio with 45 properties and more than 5,400 units in operation and under development. Radisson Hotel Group operates its serviced apartments as a stand-alone or […]

  • Uber stops developing a car without a driver
    News

    Uber stops developing a car without a driver

    On Monday, December 7, Uber and startup Aurora Technologies announced an agreement under which Aurora will take over Uber’s Advanced Technologies Group, which has been developing self-governing cars. Under the terms of the agreement, Uber will receive $ 400 million, 26% of Aurora shares, and the general director of the taxi service, Dara Khosrowshahi, will […]

  • Tesla will sell shares for $ 5 billion
    News

    Tesla will sell shares for $ 5 billion

    Electric car maker Tesla has agreed with brokerage companies to sell its shares for a total of $ 5 billion. This was reported by Bloomberg, citing documents submitted to the US Securities and Exchange Commission (SEC). The shares will be sold at the market price. This is the third sale of Tesla shares in 2020. […]

  • The first batch of Pfizer COVID vaccine has arrived in Israel
    News

    The first batch of Pfizer COVID vaccine has arrived in Israel

    The first batch of Pfizer coronavirus vaccine has been delivered to Israel. This was reported by The Jerusalem Post on Wednesday, December 9. “A DHL flight from Brussels carried more than 100,000 doses of the newly created vaccine and landed at Ben Gurion Airport in Tel Aviv around 9 a.m.,” the statement said. The doses […]

  • Exxon Mobil announces record depreciation of its gas assets by $ 20 billion
    News

    Exxon Mobil announces record depreciation of its gas assets by $ 20 billion

    The American oil and gas giant Exxon Mobil had one of the worst years in its history. Exxon shares have fallen by 45.36% since the beginning of 2020. The company has lost money for three quarters in a row, and in August they were excluded from the benchmark index of “blue chips” Dow Jones Industrial […]

  • Pfizer will deliver half of the planned number of vaccines in 2020
    News

    Pfizer will deliver half of the planned number of vaccines in 2020

    Shares of Pfizer and BioNTech fell 1.74% and 2% (respectively) on Thursday amid news that companies will deliver half of their planned number of vaccines against COVID-19 in 2020. On November 20, Pfizer and its German partner BioNTech applied to the FDA (US Food and Drug Administration) for permission to use their vaccine in an […]

  • JD.com will be the first platform to accept China’s cryptocurrency
    News

    JD.com will be the first platform to accept China’s cryptocurrency

    Chinese e-commerce company JD.com Inc announced on Saturday that it will be the first platform in the country to accept China’s digital currency. The Central Bank of China will hold its second digital yuan lottery among citizens of Suzhou, near Shanghai on Friday. The total amount of playable digital yuan is 20 million ($ 3.06 […]

Read also

Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Wizz Air has threatened to close its branch in Kiev

The management of the Hungarian airline Wizz Air will close a branch in Kyiv, that has three passenger liners, if its employees do not agree to stop the union. This is stated in the statement of the European Transport Workers Federation ETF. According to the statment, the conflict began after the decision of Wizz Air […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Ministry of Economic Development of Ukraine said about the attempt of the forcible takeover of the “Electrotyazhmash” Kharkov plant

Ministry of Economic Development of Ukraine considers as  unacceptable any use of force in the enterprise and expresses its intention to be protected within the framework of the law. Ministry of Economic Development has announced an attempt to raider seizure of state enterprise “Electrotyazhmash” plant”(Kharkiv). This was reported by the press service of the Office. […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Ukrainian IT-company GOS Systems enters the world market

In 2015, the Ukrainian IT – industry has proved to be one of the most profitable invested by the West. Despite the difficult economic and political processes in the country, the domestic business is developing and coming out to the world market. Recently, the domestic company GOS Systems reported that it launches the project in […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Milovanov stated that the new lockdown will be easier for the economy

If re-rigid quarantine is introduced, the Ukrainian economy will lose three times less than during the spring lockdown. This was stated on ICTV by the adviser to the head of the President’s Office Tymofiy Milovanov. According to him, the second lockdown will be easier, because during this time the economy has adapted to the conditions […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Google will charge the commission of 30% of all purchases on Google Play

Google has updated its application store policy: the corporation makes it mandatory to use its payment system for digital purchases on the Google Play. The new rules will take effect in a year, on September 30, 2021. The update of the usage policy means that in a year application developers will not be able to […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Alibaba invests in the largest hypermarket operator in China

The largest Chinese Internet company Alibaba Group Holding Ltd. will acquire from Auchan Retail International shares of the largest Chinese hypermarket operator Sun Art Retail Group for $ 3.6 billion, according to the press release from Alibaba. “Alibaba is investing $ 28 billion ($ 3.6 billion) to acquire … 70.94% of Auchan Retail’s stake in […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

France’s largest bank bought a stake in the Ukrainian gas company

The financial conglomerate BNP Paribas (headquartered in Paris) acquired indirectly 11.42% of the British JKX Oil&Gas, which owns the Poltava Petroleum Company. This is stated in the message  of the JKX Oil&Gas reported on the London Stock Exchange. The owner of the package of the JKX at a rate of 11,42% became the British company […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

The price of bitcoin exceeded the mark of $ 18 thousand

The value of bitcoin for the first time since December 2017 exceeded the mark of $ 18 thousand. The cryptocurrency rate reached $ 18,174. For the first time since December 2017, the bitcoin exchange rate exceeded 18,000. This is evidenced by data from the electronic cryptocurrency exchange Coindesk and the portal CoinMarketCap. So, on the […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Prometey has invested in the elevator in Kirovograd

In early May, the network of elevators of the Prometey company gained another one – in the village Zaliznichnoe Olshansky district of Kirovograd region, in the Yosipovka railway station. The elevator is operable, on its base continues the acceptance of grain and oilseed crops of the gather 2015, – says the press service of the […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Disney is laying off 28,000 employees in the United States through COVID-19

The American company Walt Disney stated that it is experiencing a number of economic problems due to the coronavirus pandemic, as the result of which it is forced to lay off 28,000 employees in the United States. This was reported by Bloomberg. “No matter how frantic this step is, this is the only possible option […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

KSG Agro Agroholding is asking for $ 20 million for debt restructuring from international creditors

KSG Agro agroindustrial company (Dnipropetrovsk region) initiates the restructuring of debt in the amount of $ 20 million. The company offers compensation to creditors in the amount of 1% of each of the outstanding principal. This was said in a statement of the company. In particular, the Board of Directors announced that the company has […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Shares of Volkswagen get down on 40%

Nordea, the €190bn (£135.6bn) Scandinavian fund manager, has become the first major investor to signal it is preparing to sue Volkswagen over the carmaker’s manipulation of emissions tests. Nordea Asset Management told reporters over the weekend that it planned to join “several different class actions” against Volkswagen. The emissions fixing scandal has left investors with billions of […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Robot has learned how to cook 19 dishes and will replace some of the staff in the kitchen

The robotics company Miso Robotics has launched the robot Flippy, which is able to replace part of the staff in the kitchen of the restaurant. “Flippy goes on sale in the midst of the pandemic and supports the cooking of 19 different dishes, including fries and burgers made of the artificial meat of the Impossible […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Chevron made a net loss of $ 4.9 billion in nine months

The net loss of the second largest American oil and gas company Chevron, which accounts for the parent company, in the first nine months of 2020 amounted to 4.878 billion dollars against a profit of 9.534 billion dollars a year earlier, the company said. The diluted loss per share was $ 2.63 against earnings of […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

The american company S&W Seed will produce seeds in Ukraine

The US company, which produces seeds, has signed a licensing agreement with a major seed company about production and sale of sunflower seeds in Ukraine, Russia, Belarus, Georgia and Kazakhstan. The press service of the company officially announced about this.    The americans want to make only two varieties of sunflower seeds in Ukraine. Although, […]

Next
Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski
News

Serbia opens its market for Ukrainian fowl

Ukraine and Serbia have approved a veterinary certificate form for export of fowl. The companies which can export to the EU only could perform the deliveries. Public service of Ukraine on safety issues of foodstuff and consumer protections (PSUSIFCP) and veterinary service of Serbia have approved a form of the veterinary certificate for export of […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com