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Poroshenko to sell his Roshen confectionary plant asap

November 17, 2014, 14:01 UTC+3 BERLIN
Before becoming president, Petro Poroshenko promised to sell his confectionary conglomerate if he won the election
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© EPA/TATYANA ZENKOVICH

BERLIN, November 17. /TASS/. Ukraine’s President Petro Poroshenk plans to sell his privately held Roshen confectionary plant in the nearest future.

“We are now discussing the issue with one of the big investment banks and I am sure we are going to sign the contract soon”, he told the German newspaper Bild in an interview on Monday.

Roshen confectionary plant, founded by Poroshenko in 1996, is Ukraine’s market leader and a world industry major. The Roshen group unites four factories in Ukrainian cities of Kiev, Vinnytsia, Mariupol and Kremenchuk, two production sites in Russian city of Lipetsk and one in Lithuanian city of Klaipeda, as well as Hungarian confectionary enterprise Bonbonetti Choco Kft and Ukrainian Bershadmoloko butter-milk plant.

The corporation produces around 200 types of confectionery, generating annual production of up to 450,000 tons.

Before becoming president, Poroshenko promised to sell his confectionary conglomerate if he won the election.

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