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Odesa Port-Side Plant resumes operation after two-month idle period

02.03.2017 17:03 "Agro Perspectiva" (Kyiv) The public joint-stock company Odesa Port-Side Plant is resuming its operations after a two-month idle period, Interfax says referring to First Deputy Board Chairman Mykola Schurikov report. «Today we have started the launch of the Plant! The tolling scheme is used now. We are working on all possible options,» Schurikov wrote on his Facebook page. It is to be reminded, after two failures to privatize the Plant at the end of Dec 2016the Plant decided to temporarily suspend operations due to high prices of natural gas and accumulated debts for its supplies. The Company said that it is looking for companies interested in leasing of its property complex for a long period of time. It is to be admitted, within Feb 2017the shareholders of the Plant gave preliminary consent on the leasing of the Plant property. The shareholders also approved the debt restructuring to Naftogaz Ukrainy in equal parts within two years without interest accrued.

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