Arterium to invest UAH 60 mln into production in 2010

Arterium Corporation, parent of Kyivmedpreparat (PFTS: KMED UZ) plans to invest UAH 59 mln into production in 2010, Interfax reported yesterday. The company said that it funneled UAH 50 mln into investments last year. Arterium Corporation was established on a parity basis in 2005 by Kyivmedpreparat and Galychfarm (both owned by Finance & Credit Group) as a holding company for both entities, focusing on marketing of their products.