Companies@UA: База компаний Украины

Kyiv, August 6 (Interfax-Ukraine) – The State Property Fund (SPF) on August 19 will conduct a tender to choose the evaluator for the sale of a 39.647% state stake in OJSC TSUM Kyiv-based Central Department Store, according to a statement in the Vidomosti Pryvatyzatsii newspaper.

Some 24.398 million shares worth UAH 25.618 million owned by the state are to be valued.

The balance residual value of the company's non-working capital of June 30, 2009, was UAH 90.034 million.

OJSC Kyiv Central Department Store was registered in 1994. Its core business is retailing fast moving consumer goods.

In 2008 the company saw its net profit fall by 54.8% compared to 2007, to UAH 1.327 million, its net sales income last year grew by 23.3%, to UAH 331.543 million, total profit by 23.7%, to UAH 75.12 million.