The Antimonopoly Committee of Ukraine granted Ukrnafta merger clearances for the assets of the Glusco group.

The Company now has all the legal grounds to sign acts of acceptance and transfer of assets with ARMA and will be able to start the actual management of the Glusco network.

In total, seized corporate rights of 34 companies, as well as real estate in the form of filling stations, land plots and other assets are transferred to the Ukrnafta management.  

"We thank the Cabinet of Ministers of Ukraine for their trust, the Asset Recovery and Management Agency for their constructive state position and the Antimonopoly Committee of Ukraine for their positive decision. On our part, we assure you that we will justify the advance of trust we have received and will not let you down", said Sergii Koretskyi, CEO at UKRNAFTA.  

Please follow the official resources of Ukrnafta for reports on the network operation and its results.