OREANDA-NEWS  On 07 October was announced, that the Slavutych beer and nonalcoholic beverage plant (SLAV) intends to increase its statutory fund by UAH 126 million to UAH 979.7 million.

The shareholders of Slavutych intend to hold a general meeting on October 10. The agenda of the meeting includes increase of statutory fund by UAH 126 million via additional issue of 126 million shares.

The face value of shares is UAH 1.

There is a suggestion to issue the shares from December 1, 2008 till August 1, 2009.

The additional issue of shares is aimed at financial security of the plant.

The Slavutych beer and nonalcoholic beverage plant increased its statutory fund by UAH 358 million to UAH 853.7 million.

The placement of shares was held from December 20, 2007 till August 30, 2008.

Presently, the statutory capital of the Slavutch beer and nonalcoholic beverage plant consists of 853,692,014 simple registered shares with the face value of UAH 1 per share.

The plant reported a net profit of UAH 97.315 million for the year 2007, when its net revenues increased by UAH 417.567 million or 55% to UAH 1,175.804 million compared with 2006.

The Slavutych beer and nonalcoholic beverage plant is part of Carlsberg group Ukraine (formerly Baltic Beverages Holding Ukraine).

Carlsberg Group Ukraine was part of Carlsberg Eastern Europe, which is a subdivision of Carlsberg Breweries A/S (Denmark), one of the world's largest beer companies.

The beer group also included the Slavutych brewery (Kyiv) and the Lviv Pyvovarnia brewery (Lviv).

Carlsberg Breweries (Denmark) and Scottish & Newcastle Plc (Britain) founded Baltic Beverages Holding group of enterprises in 1991.