15:22 15.02.2017

Roshen to pay UAH 1.3 bln of dividends for 2014-2015

2 min read
Roshen to pay UAH 1.3 bln of dividends for 2014-2015

Dividends for 2014-2015 of Roshen Confectionary Corporation will total UAH 1.3 billion, including UAH 382 million paid.

"Dividends for 2016 have not yet been paid. For 2014-2015 we will pay UAH 1.3 billion of dividends, including UAH 382 million paid and the rest of the sum will be settled during the year," Roshen Corporation President Viacheslav Moskalevsky has said in an interview with Interfax-Ukraine.

He said that Roshen intends to pay to shareholders after liquidation of Mariupol confectionary factory.

"Earlier it [Mariupol confectionary factory] was a collective enterprise. I want to give money to those shareholders who were there along with us. Our share of the charter capital of the factory is 94% and 6% are other shareholders. The charter capital is UAH 41 million," he said.

Roshen, one of Ukraine's largest makers of confectionaries, has confectionary factories in Kyiv, Mariupol (Donetsk region, under liquidation), Kremenchuk (Poltava region), two in Vinnytsia, one in Lipetsk, one in Klaipeda, Lithuania, and one, BonbonettiChoco, in Hungary. The corporation also owns the Bershadmoloko dairy plant and Litynskplemzavod, both in the Vinnytsia region.

The corporation's owner is Ukrainian President Petro Poroshenko. An agreement was signed in January 2016 whereby Poroshenko transferred his share in the corporation to an independent blind trust. The trust's managing bank also has a four-year power of attorney to negotiate a sale of the assets. Moskalevsky holds 13% via Konditerinvest fund and four top managers hold 0.5% each.

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