News
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July 28, 2010
Politics: Ukraine cuts a Vice Prime Minister from the loop
Event: The Ukrainian government has redistributed the responsibilities of former Vice Prime Minister Volodymyr Semynozhenko, who was sacked July 2, Interfax reported.
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July 28, 2010
Consumer Goods: Court initiates reorganization of Ukrros plant
Event: Kharkiv economic court initiated the reorganization of Kupyanskiy Sugar Plant, which is owned by Ukrros, Interfax reported July 26. According to the news agency, the court decision was made on July 14.
Impact: The news is neutral for Ukrros.
Rationale: We regard this news as neutral for the company as the plant didn’t operate last year due to a lack of sugar beet in the region. Besides, Ukrros had considered disposing of the plant back in 2009.