OREANDA-NEWS. October 2, 2009. Ukrros (UROS) plans to load three of the holding's seven sugar refineries in 2009 to optimize expenditures, the company announced yesterday, according to local news reports. The plants it will exploit this season are the Chertkovsky Sugar Plant in Ternopil, the Orzhitsky Sugar Plant in Poltava and the Tsukrove Plant in Kharkiv. The company said that as of September 30, it had already produced 9 ths mt of sugar from this year's harvest.

Concorde Capital: The company’s intention to load only three out of its seven plants has to do with its plans to decrease sugar output this year and does not come as a surprise to the market. Ukrros previously announced plans to make 144 ths mt of sugar this year, a decrease of 27.8% yoy.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.