The part of Zaselsky sugar plant which is in the Nikolaev area, is sold to the English company

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The TEKT group of companies owning through JSC UPK of 24,99% for JSC Yukreynian Shugar Company (Zaselsky sugar plant, the Nikolaev area), finished the transaction on sale of the share in the enterprise. About it reports a press - company service with reference to the chairman of the supervisory board of TEKT Group Vadim Griba. As the buyer the owner of 75,01% of a share of JSC Yukreynian Shugar Company - the ED&company actedF Man (Great Britain).

The amount of transaction isn't disclosed according to arrangements of the parties.

Besides, JSC Delfy-S (under control to TEKT group of companies) finished sale of part of the equipment of Zaselsky sugar plant and the branch line providing transport communications of the enterprise. As the buyer JSC Yukreynian Shugar Company acted. The amount of transaction also isn't disclosed.

We will remind, on February 13, 2009 the company on management of assets of "TEKT" got JSC UPK which is a part of founders of JSC Yukreynian Shugar Company. Also KUA "TEKT" got a controlling stake of JSC Delfy-S which owns part of the equipment of sugar plant and the branch line providing transport communications of the enterprise.

About 25 million dollars were invested in modernization of JSC Yukreynian Shugar Company plant. At present repair work is carried out, the equipment on sugar processing - a raw is bought. Design capacity of the enterprise makes about 6 thousand tons per day.

The TEKT group of companies - one of the largest in stock market of Ukraine, works since 1995. Activities: management of assets of public investment and pension funds, operations on securities market (broker, dealer activity), Private Equity (management of the private capital), M&A (merge and absorption), operations in the real estate market, activities for an assessment. TEKT Group includes "TEKT - the Trade", KUA "TEKT", "TEKT — the Expert", KS "Volodar".The main owner of TEKT Group is Vadim Grib.

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