Corporate news

The Antimonopoly Committee of Ukraine allowed Glusco to buy Rosneft's fuel stations network

The Antimonopoly Committee's press service reported that the regulator allowed Glusco Energy to acquire shares of Rosneft Management Company Limited (Nicosia, Cyprus).

The acquired share "ensures the excess of 50% of the votes in the company's top management " stated in the report.

Rosneft Management Company Ltd. together with Fargrade Ltd. are owners of Vostok LLC (Kiev).

Vostok owns a network of127 fuel stations, operating as Formula, TNK, Golden Guepard brands.

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