UMG Investments has signed a Memorandum with the UAE State Investment Сompany Mubadala. In accordance with the signed Memorandum, the parties confirmed the availability of opportunities for cooperation in the selection, analysis, structuring and implementation of mutually beneficial investment projects in Ukraine and abroad.
UMG Investments expands its mining portfolio via the acquisition of 67.86 % of the shares of JSC Chasiv Yar Refractory Plant by VESCO Limited.
UMG Investments has portfolio companies involved in three industries: minerals extraction, by-products and production wastes management, industrial goods and services. The market value of assets managed by UMG Investments exceeds USD 500 million.