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Monday, March 26, 2007

NEST reported their 2006 results

Kiev development company NEST finished 2006 with a net profit of UAH 6.192 mln.

Assets of the company were valued at UAH 113.232 mln. by the end of 2006, and net profits as UAH 25.838 mln. In 2005 NEST's net profit was UAH 3.071 mln.

In 2006 the company started the operations in business center Renaissance located at 24 Vorovskogo Street in Shevchenkivskyi district. The total spacein this B class center is 17K sqm.

According to data of the Agency for Development of the Stock Market's Infrastructure by late 2005, 95.7% of the company's shares were owned by Volodymyr Trofymenko, a supervisory board member.