Gaztek Controlled by Firtash Buys Stakes in Three Gas Companies

PrAT Gaztek, the retailer and asset manager controlled by Ukrainian billionaire Dmitry Firtash, bought a 25 percent stake from the government in gas provider and distributor PAT Zaporizhzhyagaz.

Gaztek payed 16.8 million hryvnia ($2 million) for the holding, the State Property Fund said in a statement on its website today.

The company, based in the capital Kiev, also bought a 26 percent stake in PAT Dnipropetrovskgaz for 58.65 million hryvnia yesterday, 25 percent of PAT Sevastopolgaz for 4.45 million hryvnia on Sept. 4 and 25 percent in PAT Ivano-Frankivskgaz on Aug. 30 for 33.35 million hryvnia, according to the Fund’s website.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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