15:07 31.12.2016

Yaroslavsky interested in taking Odesa Port-Side Plant on lease

2 min read
Yaroslavsky interested in taking Odesa Port-Side Plant on lease

Ukrainian businessman Oleksandr Yaroslavsky's DCH Group will send to the State Property Fund of Ukraine (SPF) its formal appeal about the group's willingness to ytake a lease of the Odesa Port-Side Plant.

"Such legal form as renting the Odesa Port-Side Plant will allow us to thoroughly understand the economic mechanism of activities of the plant and choose the best way to modernize it. At the moment, our specialists are preparing a formal appeal to the State Property Fund where we will state our willingness to take the enterprise on lease," DCH said in a statement on Friday night.

The group has emphasizes that it is still interested in the Odesa Port-Side Plant and its experience of successful development of a similar enterprise – Cherkasy-based PJSC Azot clearly shows that DCH has necessary competence, organizational and resource potential.

On December 30, the public joint-stock company Odesa Port-Side Plant said it decided to suspend its operations. The company said that now the plant's managers are looking for companies interested in leasing the property of the plant for a long period.

Earlier Head of Odesa Port-Side Plant Valeriy Horbatko resigned from the post.

The plant's debt to Naftogaz Ukrainy exceeds UAH 1 billion.

The company produces chemical products and transships ammonia to vessels.

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