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Kiev court rejects SPF appeal seeking to reverse NFP privatization
Journal Staff Report

KIEV, Sept. 26 ??“ Kiev Economic Court has rejected an appeal by the State Property Fund against Prydniprovia industrial and financial consortium to return a bare majority stake in Nikopol Ferroalloy Plant in Dnipropetrovsk region, and fully satisfied a counter-claim by the consortium against the fund to recognize Prydniprovia as the fair buyer of the plant.

According to a Prydniprovia announcement issued on Monday, the consortium said that the Sept. 22 ruling is in line with Ukrainian laws and its constitution.




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