Grigorishyn's Energy Standard to increase share in Ukrrichflot to 98%
6 October 2008
Energy Standard Group, related to Ukrainian businessman Konstantin Grigorishyn, announced Friday that it plans to increase its stake in Ukrrichflot (FLOT: N/R) from ~95% to 98% during the upcoming additional share issue. The issue was OKed by shareholders at EGM on September 23. The company’s press release noted that this was in line with the group’s plans to develop its transportation business, which includes both Ukrrichflot and the Sevastopol Sea Plant.
