Orinast will buy part of Dresdenco Investments

The Antimonopoly Committee of Ukraine allowed Orinast to acquire a more than 50% stake of Dresdenco Investments, a company specializing in the wholesale trade of mineral fertilizers produced by plants belonging to Ostchem. Both Orinast and Dresdenco Investments are officially registered in Cyprus.

“Declared stake does not lead to monopolization or significant restriction of competition on the Ukrainian market,” says the decision of the Antimonopoly Committee of Ukraine.

Orinast belongs to the deputy of the Ukrainian parliament Vitaliy Khomutynnik.