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KYIV. July 31 – United Cardboard Company Ukraine LLC registered late 2016 could acquire a controlling stake in United Cardboard Company LLC of businessman Mykola Lobov (both based in Lutsk), as well as in two corrugated cardboard and corrugated packaging manufacturers – Yug Karton Ukraine LLC and Lutsk Cardboard and Paper Factory LLC, which are incorporated in the United Cardboard Company.
The press service of the Antimonopoly Committee of Ukraine said last week that the committee permitted to acquire these stakes. The acquisition will grant over 50% of the votes in the management body of each company.
According to the public register, United Cardboard Company Ukraine LLC was registered in December 2016 with a charter capital of UAH 11 million (the creation of the company will be finished by late 2017). Its founder is Cyprus-based LN Cardboard Group. The ultimate beneficiary is Alberto Lanza (registered in Belize).
In turn, United Cardboard Company LLC was created in 2009. It incorporates Yug Karton (production facilities in Mykolaiv), Lutsk Cardboard and Paper Factory and Poninka Cardboard and Paper Mill (production facilities in Khmelnytsky region).
The owners of United Cardboard Company LLC with a charter capital of UAH 10 million are Mykola Lobov (70%) and Svitlana Lobova (30%).
United Cardboard Company LLC owns Yug Karton LLC founded in 2009, and Mykola Lobov fully owns Yug Karton Ukraine LLC with a charter capital of UAH 50,000 registered in February 2016 in Lutsk.
According to the public register, Lutsk Cardboard and Paper Factory LLC was registered in 2012. Its charter capital is UAH 301,000. Zinaida Lobodenko holds 100% of shares in the company.
In January 2017, Lutsk Cardboard and Paper Factory Ukraine LLC was registered at the same address with the charter capital of UAH 100,000. Ruben Alberto Lanza fully owns the company.
According to the Ukrpapir association, in H1 2017 Lutsk Cardboard and Paper Factory Ukraine produced almost 20,000 tonnes of commodity cardboard, 2,000 tonnes of box cardboard, 2,500 tonnes of cover board and 350 tonnes of roofing board, while Lutsk Cardboard and Paper Factory saw a 85% fall in production of box cardboard year-over-year, to 4,000 tonnes, and the factory did not produce other types of cardboard anymore.
The similar situation is with Poninka Cardboard and Paper Mill where production fell by more than 67%, to UAH 46.5 million, and Poninka Cardboard and Paper Mill Ukraine which earlier did not produce goods made products for UAH 376 million.
Poninka Cardboard and Paper Mill Ukraine LLC was registered in Lutsk in January 2017 with the charter capital of UAH 100,000 at the same address as Lutsk Cardboard and Paper Factory. Its owner is United Cardboard Company Ukraine LLC. The owner of Poninka Cardboard and Paper Mill LLC is United Cardboard Company LLC (Lobov).

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