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EBRD to acquire 15-20% stake in Lviv-based Galnaftogaz Concern
Journal Staff Report

KIEV, July 17 – The European Bank for Reconstruction and Development after
entering the statutory fund of Lviv-based Galnaftogaz Concern, is to receive 15-20% of its shares, the head of the company's supervisory council, Vitaliy Antonov, said in an interview with the Kommersant Ukraine newspaper.

"As for the stake, the EBRD will receive 15-20% of the concern's shares, [but] it's difficult to say more precisely, as the company's value will be calculated according to a special formula," he said.




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