Milkiland to appoint ex-Economy Minister Sheremeta as member of Board of Directors
At their general meeting in June, the stockholders of Milkiland N.V. intend to consider appointment of former energy and coal industry minister Pavlo Sheremeta.
At their general meeting in June, the stockholders of Milkiland N.V. intend to consider appointment of former energy and coal industry minister Pavlo Sheremeta.
The Warsaw Stock Exchange (WSE) on May 4, 2017 suspended trading with shares of Milkiland N.V. (the Netherlands, the holding company of Milkiland Group).
By selling of two agri-susidiaries of the Group controlled by the Group’s main agri-subsidiary LLC Milkiland-Agro, namely PJSC “Iskra” and LLC “Uspikh-Mena”, in November 2016 and February 2017, respectively, Milkiland fulfilled the conditions of the Amendment agreement to the Loan Facility Agreement with PJSC Credit Agricole Bank (hereinafter, “the Creditor” and “the Restructuring agreement”).
Milkiland Ukraine with the support of Milkiland Intermarket, both the subsidiaries of Milkiland Group, has concluded first contract and started supplying dry milk products produced by the Group’s Ukrainian facilities to the consumer in the PRC – Milkiland.