KIEV, Oct. 28 - Kiev Economic Court has canceled an agreement on the sale and purchase of a 76% stake in OJSC Luhanskteplovoz Holding, which was signed with Bryansk Engineering Plant managing company (Russia) on June 29, 2010.

According to a court ruling issued on October 22 and posted on its Web site, Bryansk Engineering Plant managing company is to pay a fine of UAH 2.177 million and forfeit UAH 82 million, as it did not pay for the stake.