The Swiss company has become a co-owner of the Ukrainian business Rosneft

The Swiss company has become a co-owner of the Ukrainian business Rosneft

29.12.2016 News

The Swiss company Glusco Energy S.A. received the permission from the Antimonopoly Committee of Ukraine for the acquisition of a 50% stake in Rosneft Management Company Ltd and Fargrade Ltd. It became known from the information posted on the official website of the Ukrainian regulator. The cost of the transaction was not disclosed.

Registered in Cyprus Rosneft Management Company Ltd and Fargrade Ltd. are the owners of the private joint-stock company Lynyk, which, in turn, belongs to one of the youngest oil processing enterprises in Ukraine – Lysychanskyi (Luhansk region). In addition, the companies are also co-owners of 141 Ukrainian gas station Rosneft, operating under the trading brands of the Formula, Smile, TNC and the Golden Cheetah.

Antimonopoly Committee of Ukraine previously rejected a request Glusco Energy S.A. to sign a contract with the shareholders of Rosneft Management Company Ltd and Fargrade Ltd. At this point, the Swiss company is the owner of a controlling stake in the aforementioned companies.

Also read: Will russian gas line TogliattiAzot be built by passing Ukraine?

Other articles

  • The regulator has approved new tariffs for mobile operators
    News

    The regulator has approved new tariffs for mobile operators

    The National Commission for the State Regulation of Communication and Informatization has reduced the inter-operator tariff. The NCCIR press service reports. From July 1, 2021, market participants will pay 7 kopecks per minute of outgoing call for a local call and 10 kopecks for long distance. Moreover, from January 1, 2022, rates will reduce to […]

  • Ukraine is preparing an order for An-74 aircraft
    News

    Ukraine is preparing an order for An-74 aircraft

    This year, the state enterprise Antonov is preparing an order for four An-74 aircraft. Deputy Prime Minister – Minister for Strategic Industries Oleg Urusky, stated this. “In order for our aviation industry to function properly, we must talk about dozens of orders. In addition, this year we are preparing an order for four An-74 aircraft. […]

  • The Czechs agree to produce small modular reactors in Ukraine
    News

    The Czechs agree to produce small modular reactors in Ukraine

    Ukraine can start production of small modular reactors (MMR). Negotiations are underway between the Ministry of Energy and the Czech concern Witkowitz, according to the press service of the agency on Facebook. So far, the parties have agreed to exchange information and set up a working group to further work on the issue. Deputy Minister […]

  • Foreigners bought 10% of Ukraine’s government bonds
    News

    Foreigners bought 10% of Ukraine’s government bonds

    During the week, foreigners bought Ukrainian government bonds by UAH 2.844 billion, increasing the share of non-residents to UAH 102.864 billion, which is 10% of the total volume of IGLBs. The press service of the Ministry of Finance reports. Ukrainian banks remain the largest owners of IGLBs with a total share of 51.17%. During the […]

  • The Swiss company will diagnose Ukraine’s gas pipelines
    News

    The Swiss company will diagnose Ukraine’s gas pipelines

    The GTS of Ukraine operator has concluded an agreement on the diagnostics of the country’s main gas pipelines with the Swiss company ROSEN Europe B.V. “The agreement provides for the inspection of more than 4.5 thousand km of main gas pipelines with a diameter of 1,400 mm with a deadline of the end of 2024. […]

  • Naftogaz plans to invest billions in production
    News

    Naftogaz plans to invest billions in production

    In the next five years, Naftogaz plans to invest $ 7.3 billion in hydrocarbon production, said Otto Waterlander, the group’s chief executive officer, at a presentation of NJSC’s business strategy. “Over the next five years, our business plan assumes that we will invest $ 7.3 billion in mining, upstream, and double that amount over the […]

  • Boeing has recommended stopping 777 aircraft flights after the incident in the United States
    News

    Boeing has recommended stopping 777 aircraft flights after the incident in the United States

    Boeing has recommended suspending flights of 777 aircraft after the incident in the American city of Broomfield, where large wreckage of the aircraft engine during the flight covered the streets. You can read it in a statement published on the company’s website. This applies to aircraft with Pratt & Whitney PW4000-112 engines. The company said […]

  • WhatsApp will restrict the work of profiles that have not accepted the new rules
    News

    WhatsApp will restrict the work of profiles that have not accepted the new rules

    WhatsApp users who do not accept the new privacy policy will be restricted from using the application. The WhatsApp Help Center announced this on Sunday, February 21. Messenger allows users to read the new privacy policy until May 15. If the user does not accept them before, WhatsApp will limit the functionality of the account […]

Read also

The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Airbus will lay off 15,000 employees due to the quarantine

European airline Airbus will lay off 15,000 employees worldwide due to the restoration of the quarantine restrictions on the flights. This was stated by the Airbus Chief Operating Officer Michael Schollhorn. Prospects for the aviation industry deteriorated again due to the growing number of the coronavirus infections, he said. According to Schollhorn, the situation in […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

State part of Cherkassyoblenergo to sell in one package

The government committee has approved the sale of 71% of shares of PJSC Cherkassyoblenergo by one package.According to Delo.ua web-site, Igor Bilous, the head of the State Property Fund (FGI) reported about it. He says: “The decision on the merge of share blocks has been made, concerning Cherkassyoblenergo. We will sell the integrated packet of […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Huge corruption scandal in the biggest Brazilian investment bank BTG Pactual Group

Last week, on Wednesday, November 25, 2015 Andre Esteves, the founder of the Brazilian investment bank BTG Pactual, was taken into custody in the framework of an extensive investigation of bribery. It is known that large Brazilian construction firms are involved  into the scandal and another defendant is a state oil company Petroleo Brasileiro SA. […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Investors plan to reorganize the management of Volkswagen

In December, Volkswagen expects more changes. December 7, 2015 the company went to Qatar, where they had meeting with one of its main investors, Qatar Investment Authority. Volkswagen representative Eric Felber pointed out that the visit is devoted to restructuring and improving the management and the most important shareholders should express their opinion on this […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
Analytics

Realities and prospects of the real estate market of Ukraine

Ukraine’s real estate market throughout 2017 experienced the impact of both economic and political crisis phenomena, under pressure from the economic downturn and lower purchasing power of the population. Despite all the negative trends, construction statistics in the period 2017 recorded positive results, which are confirmed by such an authoritative world ranking of Doing Business […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

As US retailers are boycotting the “Black Friday” in 2015?

At 27th of November, 2015 the famous American company REI, which sells products for sports, tourism and travel, reported that on Friday – 30th of November, all 143 stores will be closed. The company decided to arrange for their employees a paid for the output. This decision is a kind of protest against rampant consumerism. […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Deutsche Bank explained the abnormal demand for bitcoin

Abnormal growth in the value of bitcoin and sharp demand for it is due to the desire of investors to protect their savings from inflation, according to analysts at investment bank Deutsche Bank. Printing machines in the US and the EU will very quickly fill the economy with cheap money, with growing problems in the […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Avellana Gold Ltd. purchases Zakharchenko’s Company

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 […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

WHO has announced another record with COVID-19

In the world last week, coronavirus was found in another 2.4 million people – a record high since the beginning of the pandemic. This was reported by the WHO on Tuesday, October 20. “The number of new COVID-19 cases continues to grow rapidly, while the number of new deaths remains relatively stable … As of […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

The AMCU fined 4 dairy enterprises in Khmelnytskyi

Khmelnytskyi regional territorial office of the Antimonopoly Committee of Ukraine  has fined the privately-operated enterprise “Prometey consulting firm” in the name of the branch “Slavutskyi Butter Plant”, “Ryhalsky factory of the  desiccated milk ” LLC,  “Bimol” LLC, “Biscuit-Milk” LLC for 36.828 thousand UAH for anticompetitive concerted actions in the milk procurement market for industrial processing.  The Regional territorial office  found […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Total and Google have developed technology to assess the use of the solar energy in homes

French oil and gas company Total and Google Cloud developed technology based on artificial intelligence to assess the potential use of the solar energy in homes. This is stated in the message of the Total. “Total and Google Cloud pooled their expertise to jointly develop innovative tools of the Solar Mapper, which aims to accelerate […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Ukrzoloto opens the store in Poland

Ukrzoloto opens the  jewelry store under the brand “Golden Place” in Wroclaw (Poland). “For placing  the store the company chose a location in the largest shopping center in Wroclaw –“Aleja Bielany” , – says a member of the board of the “Ukrzoloto” Andrei Zhuk. Over 30 thousand jewelry brands: SoVa, Roberto Bravo, Kimberli, Golden Silver, […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Apple, Alphabet, Facebook and Amazon report earnings this week

In the last week of October, investors expect a lot of news, as more than one-third of the components of the S&P 500 index, or 186 companies, must report financial results for the third quarter. The information field is even richer given the election race in the United States, the situation with the pandemic and […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

Odessa court denied the company of Firtash in meeting the requirements in the case of Odessa Portside Plant

Leaders of Ukrainian chemical holding Ostchem Holding AG appealed on December, 8 to the South City Court of Odessa region demanding to recover from the Odessa Portside Plant a debt owed to the company by force. On it informs Interfax Ukraine with reference to official sources. To confirm the legitimacy of this request, representatives of […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

S&P forecasts 6% of the decline in Ukraine’s economy in 2020

The fall in gross of the domestic product of Ukraine in 2020 will amount to 6%, however, from the next year the economy will growth again: in 2021 – by 4%, in 2022-2023 – by 3% annually, such a forecast is contained in the report of the International Rating Agency Standard & Poor’s (S&P) on […]

Next
The Swiss company has become a co-owner of the Ukrainian business Rosneft
News

The company, which created a device for making your mood, came to Ukraine

Boston startup Thync (California) that made the device to improve mood, came to Ukraine. R&D-office already opened in the river and there are developing a mobile part of the product. Investors do not tell us how many employees are working and how many people they plan to hire more. We only know that the number […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com