11:54 29.05.2015

Group DF stops Cherkasy Azot, Rivneazot, accuses People's Front MPs of pressure

2 min read
Group DF stops Cherkasy Azot, Rivneazot, accuses People's Front MPs of pressure

Group DF has halted the operation of Cherkasy Azot and Rivneazot it says due to pressure being put on the business by People's Front MPs and their representatives.

"Due to systemic and unprecedented pressure on Ostchem's business, the chemical holding of the group, by MPs from People's Front and their representatives in power, Group DF announced the stoppage of operation of Ostchem's enterprises - Cherkasy public joint-stock company Azot and public joint-stock company Rivneazot," the press service of Group DF told Interfax-Ukraine.

The group said that in May 2014 two of its enterprises in the anti-terrorist operation (ATO) zone were stopped from operating – Stirol Concern and Severodonetsk Azot, and Cherkasy Azot and Rivneazot were loaded as much as possible.

"However, the further deliberate fabrication of some criminal cases against officials of Ostchem's enterprises and against the enterprises and the absolutely illegal arrest of the key raw material of the enterprises – gas – deprived these enterprises of a chance to operate. Due to this fact Cherkasy Azot and Rivneazot were stopped, and the autumn sowing campaign is under threat of failure, and many Ukrainians could be left without jobs," Group DF said.

The press service said that this pressure is due to political motives.

"Nonstop cynic attacks of interested representatives of People's Front running leading positions in power actually aim at destroying business and jobs. They cause damage to whole sectors of the Ukrainian economy. We believe that the recent statement of the interior minister towards the owner of Group DF on the investigation of a fabricated cases against Ostchem's top managers by the ministry are prosecution due to political motives and the new attempt of pressing on business and justice," Group DF said.

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