ref regal17 Jan 2020 20:02
he Antimonopoly Committee of Ukraine provided Lovita Investments Ltd. with Cyprus Vadim Novinsky has permission to buy shares of Ukrnaftinvest concern.
This is stated in the message of the AMCU.
Ukrnaftinvest holds licenses for the development of Beloliskiy and Alibeysko-Trapivskyi oil and gas fields in the Odessa region.
According to the AMCU, Novinsky's companies were allowed to buy Ukrnaftinvest shares, which would provide it with more than 50% of the votes in the highest governing body.
In November, Regal Petroleum, in which Novinsky controls 82% of the shares, announced an agreement with the owners of the concern Lydia Chernysh and Bolaso ??Investments ltd Leonid Kozachenko. At the same time, the amount of the agreement on the repurchase of all shares of Ukrnaftinvest was called - $ 40 million.
Regal Petroleum's profit last year was $ 54 million, while Ukrnaftinvest accumulated more than $ 700,000 in losses last year.
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