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Ukrainians Trade in Warsaw

WARSAW — KSG, a grain and sunflower seed producer, is set to be the fifth company from neighboring Ukraine to list on the Warsaw bourse since November, with a $44 million offering.

Seven companies, including sunflower-oil producer Kernel Holding, sugar company Astarta Holding and dairy company Milkiland, have sold 1.6 billion zloty ($572 million) of shares in Poland in five years. Coal producer Sadovaya Group, the latest Ukrainian company to start trading in Warsaw, has gained 53 percent since December.

"Warsaw is a very trendy place for Ukrainian companies," said Sergiy Kasianov, KSG's main owner and chairman.

(Bloomberg)

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