The construction industry is one of the priority areas of activity for the international group of companies NEQSOL Holding. The holding includes the Norm cement plant, which was launched in 2013 and today is one of the largest cement producers in the South Caucasus. The holding is implementing the strategy of creating a leading player in the cement industry in Central and Eastern Europe.
NEQSOL Holding informs that currently the holding and the shareholders of the Private Joint Stock Company (CHAO) Ivano-Frankovskcement, which is the largest cement producer in Ukraine, are in the final stage of negotiations. On October 18th the Holding submitted an application to the Antimonopoly Committee of Ukraine for the purchase of a block of shares in Ivano-Frankovskcement.
It is planned that the financing of the transaction in Ukraine will be provided by a group of leading international financial institutions and banks. Due to ongoing negotiations, the commercial terms of the deal are not disclosed.
In 2019, NEQSOL Holding acquired Vodafone Ukraine, one of the largest telecommunications operators in the country. At the beginning of 2021, a regional office of the holding was opened in Kiev.
NEQSOL Holding is a diversified group of companies operating in the energy, telecommunications, high-tech and construction industries in the UK, USA, Turkey, Azerbaijan, Ukraine, Georgia, UAE and other countries. The holding unites over 30 subsidiaries. These include Nobel Oil Services, Nobel Upstream, Bakcell, Vodafone Ukraine and Norm, cement plant in the South Caucasus.
