Mykolaivgaz

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Ukrainian natural gas distribution company Mykolaivgaz was partially divested in September 2012. The winning bidder was Gaztek JSC, from Kyiv, Ukraine. By winning the bid, Gaztek expanded its share in Mykolaivgaz by 25.0%. Gaztek JSC was 96% held by four Cyprus-based companies. In 2007, Gaztek was reported as holding 26% already. Based on this information, it is likely (but unverified) that Gaztek now owns 26%+25%=51% of the shares. Two final bidders participated in the tender, the second firm being Finlex-Invest (Kyiv). Total value of the winning bid was unavailable. The Ukrainian bank representing Gaztek was Nadra Bank, Nadra Bank was 89.9% owned by Centragas Holding AG, from Austria. Gaztek raised UAH 250 million to purchase shares in Kykolaivgaz as well as 11 other natural gas utilities: Volyngazm (23.4%), Sevastopolgaz (25%), Zaporizhgaz (25%), Dnipropetrovskgaz (26%), Chernivtsigaz (20.4%), Zhytomyrgaz (15.9%), Syrnygaz (25.8%), Gaztek (23%), Ivano-Frankivskgaz (25%) and Mykolaivgaz (25%). Financial closure date was unavailable, reported here is month of tender winning. http://www.interfax.com/newsinf.asp?id=358427 Gaztek wins tender for 25% of Sevastopolgaz KYIV. Sept 4. (Interfax) - Kyiv-based Gaztek has won a tender for the privatization of 25% of the gas utility Sevastopolgaz, bidding UAH 4.45 million, the Ukrainian State Property Fund said. There was one rival bidder, Finlex-Ukraina. The starting price was UAH4.2 million. The winer must invest UAH0.6 million in Sevastopolgaz in three years. The state retains 25% plus one share. The Cyprus-registered Materon Limited owns 21.1%. Last week, Gaztek won a tender for 25% of shares in gas supply and gasification enterprise Ivano-Frankivskgaz, offering UAH 33.35 million for the stake. Gaztek is also vying for 22.059% of Vinnytsiagaz, 23.42% of Volyngaz, 26% of Dnepropetrovskgaz, 15.86% of Zhitomyrgaz, 25% of Zaporozhgaz, 23.99% of Krymgaz, 26% of Luhanskgaz, 25.79% of Sumygaz, 26% of Tysmenytsiagaz, and 20.39% of Chernovtsygaz. In addition, Gaztek is competing to buy 25% of shares in Mykolaivgaz. At present, Gaztek and its af