08.12.2008, 09:47
Slavutych Brewery Decides to Increase Statutory Capital
OREANDA-NEWS On 08 December was announced, that the shareholders of the Slavutych beer and nonalcoholic beverage plant (SLAV) at their meeting decided to increase the statutory capital by UAH 96 million to UAH 949.692 million. The shareholder decided to increase the statutory capital via additional issue of 96 million of simple registered shares with the face value of UAH 1 each. The attracted funds will be directed to modernization of the production facilities of the plant. The issue of shares will be held from January 5 till August 30, 2009. In September, Slavutych increased its statutory fund by UAH 358 million to UAH 853.7 million. The placement of shares was held from December 20, 2007 till August 30, 2008. Presently, the statutory capital of the plant consists of 853,692,014 simple registered shares with the face value of UAH 1 per share. The plant reported a net profit of UAH 97.315 million for the year 2007, when its net revenues increased by UAH 417.567 million or 55% to UAH 1,175.804 million compared with 2006. Slavutych is part of Carlsberg group Ukraine (formerly Baltic Beverages Holding Ukraine). Carlsberg Group Ukraine was part of Carlsberg Eastern Europe, which is a subdivision of Carlsberg Breweries A/S (Denmark), one of the world largest beer companies. The beer group also included the Slavutych brewery (Kyiv) and the Lviv Pyvovarnia brewery (Lviv). Carlsberg Breweries (Denmark) and Scottish & Newcastle Plc (Britain) founded Baltic Beverages Holding group of enterprises in 1991.
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