Ukraine nationalized owned by Deripaska's aluminium plant

The Supreme economic court of Ukraine confirmed the findings of previous judicial authorities about the need to return to the state 68, 01% of the shares idle Zaporizhzhya aluminium plant Stakhanov carriage works), owned by Russian oligarch Oleg Deripaska, according to a court order.
October 29, 2014 the Supreme court recognized the right conclusions previous courts, which were established by the failure of the privatization contract of sale 68, 01 % of the shares of the Stakhanov carriage works company VELBAY HOLDINGS LIMITED, UNIAN reports. The press service of the enterprise, trying to appeal 2012, said that RUSAL is legitimate purchaser of shares in a Ukrainian plant, and the economic court decision will be appealed." The Supreme economic court of Ukraine has not found legal grounds for full or partial satisfaction of the requirements of the appeals of the Stakhanov carriage works and the organization VELBAY HOLDINGS Ltd, and therefore the decision of the court of appeal should be left without change, and a cassation appeal - without satisfaction, according to the decree of the court." Adopted by the Supreme economic court of Ukraine resolution we consider to be illegal and for this reason, filed a complaint in the Supreme court of Ukraine ", - said the press service of the enterprise. Remember, in March 2012, the commercial court of Kyiv satisfied the claim of the Prosecutor General of Ukraine and adopted the conclusion on the return to the state 68, 01% of shares of " Zaporizhzhya aluminium plant " (Stakhanov carriage works), owned by RUSAL Oleg Deripaska through Cypriot offshore - " VELBAY HOLDINGS LIMITED ". The press service of RUSAL has already told us that the holding company will appeal against the verdict on the transfer of the controlling stake of the plant to the state in the high court.


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sections: Politics