OREANDA-NEWS.  On 13 February 2008 was announced, that Kyivkhlib, Kyiv's largest producer of bread, ended 2007 with losses of UAH 16.626 million.
This is reported in a statement of the company, text of which Ukrainian News obtained.

The value of the company's assets rose by 5.1% or UAH 13.71 million to UAH 284.364 million.
As Ukrainian News earlier reported, in September 2007, individual Vitalii Yefrosinin acquired 16.748% of the shares of the Kyivkhlib open joint stock company.

Kyivkhlib ended 2006 with a net profit of UAH 3.611 million. In 2006, the company increased net revenues by 6% or UAH 36.606 million to UAH 646.367 million, compared to 2005.

Fininvestgroup open joint stock company (Kyiv) owns 19.6% of the shares of Kyivkhlib, Khlib Kyeva closed joint stock company owns 17.2% of the shares.