Press releases

Ornex buys a 25% stake in DTEK Zakhidenergo and Kyivenergo from the State Property Fund of Ukraine

18.08.2017

Логотип СКМ

Ornex, a company operated by SCM Group, has bought a 25% stake in DTEK Zakhidenergo and Kyivenergo from the State Property Fund of Ukraine. The deal has taken place today at PFTS Stock Exchange.

The company paid UAH 417.163 million for a 25% stake in DTEK Zakhidenergo, which exceeded the starting price by UAH 69.58 million, and UAH 759.633 million for 25% in Kyivenergo.

On 16 August, Ornex bought a 25% stake in DTEK Donetskoblenergo for UAH 143.81 million.

Profile:

System Capital Management (SCM) is a professional investor, the managing company of the biggest Ukrainian financial and industrial group focusing on three business areas: mining and metals, energy and finance. The company also operates in other sectors including telecommunications, media, real estate, grocery retail, raw materials production and processing, petroleum products retail, agriculture, heavy engineering and transportation. 

mining and metals, energy and finance. The company also operates in other sectors including telecommunications, media, real estate, grocery retail, raw materials production and processing, petroleum products retail, agriculture, heavy engineering and transportation. 

Chief Executive Officer: Oleg Popov.

SCM is fully owned by businessman Rinat Akhmetov.

Press office of SCM

tel: +38 044 501-77-95

press@scm.com.ua

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