Firtash's Gastek builds up almost 32% in Rivnegaz
KYIV. March 18 (Interfax) - Kyiv-based private joint-stock company Gastek has increased its stake in public joint-stock company Rivnegaz, a gas supply company, from 24.12% to 31.67%, Rivnegaz has reported in the information disclosure system of the National Commission for Securities and the Stock Market.
Gastek bought a 7.6% stake in Rivnegaz a privatization tender on October 11, 2012 paying the initial price of UAH 1.301 million.
Ukrainian mass media report Gastek is associated with Ukrainian businessman Dmytro Firtash.
Private joint-stock company Agropromkomplekt (Lviv) owns 16.08% of the shares, Materon Limited (Cyprus) has 24.8% of the shares, and Naftogaz Ukrainy has 25%.
Rivnegaz operates gas distribution networks located in Rivne region. It provides gas connection services, supplies natural gas, and sells liquefied hydrocarbon gas.
