Roshen assets in Russia for sale - corporation's Director General

Roshen assets in Russia for sale - corporation's Director GeneralRoshen confectionary corporation continues holding negotiations on the sale of its Russian assets in Lipetsk region of Russia. The corporation is ready to discuss all the offers from parties concerned.

"We are holding talks with everyone, including Slavyanka. There are no seriously interested companies in Russia in the purchase of the factory who are ready to pay money tomorrow. We are ready to discuss all offers we receive," Roshen Director General Viacheslav Moskalevsky said.

He said that the value of Russian assets is estimated at $220 million.

He said information in Russian media that the Lipetsk factory was sold to Slavyanka confectionary association is incorrect. Roshen has been holding negotiations with the company for more than 18 months without success.

Read also: Roshen's confectionary factory in Russia could be sold soon - ICU investment company

Moskalevsky believes that the media reports are part of a ruse to learn the cost of Roshen's assets.

"Board Chairman of UniConf Sergei Nosenko is trying to learn using journalists if the negotiations on the sale of the factory are held and at what price. If he is interested in this, he should name his price and make a commercial offer, and then we will discuss it," he added.
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