Avellana Gold Ltd. purchases  Zakharchenko’s Company

Avellana Gold Ltd. purchases Zakharchenko’s Company

18.11.2016 News

Avellana Gold Ltd. has become the owner of PJSC Carpathian metallic mineral company. Interfax-Ukraine has informed about it. According to information, placed on the website, the foreign holding also invests about 400 million dollars in the development of an industrial complex. The agreement on investment attraction was signed on November 16,2016. Other details of the signed contract haven’t disclosed yet.

PJSC Carpathian metallic mineral 100% shares company have belonged to PJSC “Mining and metallurgical complex” until the last moment. The Carpathian Private Joint Stock Company is a legal successor of PJSC Carpathian metallic mineral company, the entity which name was often connected with V. Zakharchenko, a former Minister. The plant specialises in a gold mining.

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