DS Smith to profit from stake in Ukraine firm
DS Smith, the recycled packaging company, is about to receive a tidy sum as a result of its 49.6% interest in Rubezhansk, the leading paper and packaging business in the Ukraine.
DS Smith, the recycled packaging company, is about to receive a tidy sum as a result of its 49.6% interest in Rubezhansk, the leading paper and packaging business in the Ukraine.
Rubezhansk has completed the signing of a revised 5-year loan agreement with its existing lender group and as a result DS Smith will now be recognising its share of the profits and investment in this associate business, in the second half of this financial year.
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