Poroshenko still promises to sell Roshen

by Editor • 17.11.2014 • 0 Comments

Roshen

As the Ukrainian president stated in an interview with Bild, active negotiations are currently underway with a major investment bank, and a contract for the sale of Roshen may soon be signed.

According to Dragon Capital analysts, Poroshenko could receive over a billion dollars for his concern. Although, theoretically, Roshen is worth around two billion. However, since all transactions at the concern are conducted in the hryvnia, and the national currency has significantly devalued, its value is no more than one billion.

As a reminder, President Poroshenko's holding company includes three Ukrainian production sites located in Kyiv, Vinnytsia, and Kremenchuk. Production facilities are also located in Klaipėda (Lithuania) and Hungary.

The KDV Group holding company, which produces snacks, is laying claim to the Lipetsk Roshen plant.

However, it should be noted that the President of Ukraine still has not specified a specific timeframe for the sale of his business.

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