OREANDA-NEWS. September 15, 2009. Norwegian Yara International ASA applied to State Property Fund to take part in 99.567% of  Odesky Priportovy Plant  privatization. This request was committed by a consortium, including also Kulczyk Holding S.A. and Libyan Investment Authority (LIA) (an investment fund 100% owned by Libyan Government) also. If Yara will take part in competition it will have minority interest in OPP. This tender is scheduled on 29 of September. The starting price for the Company is USD 524.5 mn.

Millennium Capital notices, that there are enough serious pretenders to buy Odesky Priportovy Plant - Yara International ASA, Privat Group and Azot Service affiliated with Russian Gasprom. This may cause increase of starting price to USD 1bn and higher.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.