Ukrainian sugar refinery Parkhomivka has issued supplementary shares to increase its statutory capital by UAH4.755m to UAH7.585m (US$1.42m).


The State Commission for Securities and the Stock Market announced that supplementary shares with a nominal value of UAH0.67 each were issued during indexation of the sugar refinery’s capital assets. Ukrsibbank holds a majority stake in the refinery, reported Ukrainian News.


The factory has been cutting its sugar output over the last few years, and produced 5,600 tons from its 2001 sugar beet harvest, revealing a drop in output over more than 30% on 2000. This followed a drop in output in 2000 by 4,800 tons or 33.6% to 9,500 tons. As the sugar refinery’s capacity is 1,750 tons of beet per day, these figures reveal the extent to which production has been hit.


 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.