KIEV, Oct. 17 - Evraz Group President Valeriy Khoroshkovsky has sold his stake in Soyuz-Victan, one of the largest hard liquor producers in Russia and Ukraine, to foreign investors.

"The Soyuz-Victan group of companies held a private share placement in October and this caused its shareholder composition to change. Khoroshkovsky sold his shares and is no longer a shareholder," Andriy Okhlopkov, the group's chairman, told the press Monday.