Kyivkhlib: to raise prices for popular bread

Kiev / UA. (kp) One of the largest bread and bakery goods producers in the Ukrainian capital, Kyivkhlib to raise prices for popular kinds of bread, company press service has informed the Ukrainian media. All the company enterprises will raise prices for popular kinds of bread by five percent. In this connection we learn that As Ukrainian News reported, Kyivkhlib reported earlier a loss of 14,63 million UAH for 2008 with the net revenue having increased by 31,8 percent or 223,42 million UAH to 926,83 million UAH over 2007. In this connection we learn that the Fininvestgroup owns 23,96 percent of the shares in Kyivkhlib, the Khlib Kyiva owns 17,20 percent, the Haron LLC (Kyiv) owns 24,23 percent, the Prominvest Tekhnolohia LLC (Kyiv) owns 11,12 percent and Vitalii Yefrosynin owns 16,75 percent.

Exchange rate on August 25, 2009 (Interbank):
1’000’000,000 Ukrainian Hryvni (UAH) = 83’220,000 Euro (EUR)
1’000’000,000 Euro (EUR) = 12’016’342,225 Ukrainian Hryvni (UAH)