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Group DF - international group of the companies, major investments are concentrated in the nitrogen, titanium and gas businesses. |
28 December 2020 Companies of Ostchem group won the case against the AMCU about the forced unbundling of the groupToday, three Ostchem companies – PrJSC “Severodonetsk Azot Association”, PJSC “Azot” (Cherkasy) and PJSC “Rivneazot”) – all members of Group DF, won the case against AMCU in the court of second instance. On 28 December 2020, the Northern Economic Court of Appeal ruled illegal the Antimonopoly Committee of Ukraine decision of 5 September 2019 on the forced unbundling of the Ostchem group and to apply the maximum possible fine of UAH 107 million. The court upheld the decision of the Kyiv Economic Court to rule illegal the accusations of the Ostchem group nitrogen businesses in the abuse of their power in the market of nitrogen fertilizers.
We should remind that on 29 July 2020 the Antimonopoly Committee of Ukraine decision on abuse of monopoly position and forced unbundling was successfully appealed by Ostchem’s lawyers in the Kyiv Economic Court. |