Tigipko buys Building Invest Group developer

14:59, 19.09.2017 1 min read

The Antimonopoly Committee of Ukraine (AMC) has permitted Devisal Limited to purchase shares in Yuansa Limited (both based in Nicosia, Cyprus), which owns Building Invest Group construction company (Kyiv).

According to the press service of the AMC, the purchase will provide Devisal Limited with over 50% of the voting shares on the company's board.

According to data of the single state register, Devisal Limited owns 99.9% of the charter capital of TAS Group LLC, whose ultimate beneficiary is Ukrainian businessman Sergiy Tigipko.

As reported, Building Invest Group was the developer of the project to build a three-storey shopping and entertainment center Podol Mall near the Tarasa Shevchenko metro station in Kyiv. The facility was put into operation in 2015.

Building Invest Group was founded in 2002. Its core business is construction of residential and non-residential premises.