Monday , June 27 2022

"Svitoch" bought Swiss / News / Finance.ua



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Nestle Corporation, which owns a 96.7 percent stake in the Svitoch plant in Lviv, bought the remaining shares of the factory. For an action, Switzerland paid 3.93 thousand UAH.

This is mentioned in the message "Svitocha" in the information information system of the National Securities Commission and the Stock Exchange.

Confectionery factory Lviv "Svitoch" in 2017 reduced net profit by 53.5% (of 125.5 million UAH), compared with 2016 – to 109.1 million UAH. This is mentioned in the press service of the company.

At the same time, the company's net income increased by 1.2% (26.2 million UAH) – up to 2.3 billion UAH. Note that in 2016, Svitoch cut its net profit by 13.6% (36.8 million UAH) to 234.6 million UAH. Net income fell by 1.9% (43.4 million UAH) – to 2.2 million UAH.

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  • Nestlé started its activity in Ukraine in 1994, with the opening of a representative office.
  • In 1998, Nestlé S.A. has acquired a control stake UAB Confectionery Lviv Svitoch. In May 2003, founded in Kiev Ltd. Nestle Ukraine. At the end of 2003, Nestle S.A. acquired 100% of Volynholding (TM "Torchin") shares.
  • In 2010, Nestlé S.A. has acquired Ltd. Technocom, a manufacturer of fast food products within TM Mivin.
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