The interagency commission for international trade has opened an antidumping investigation into imports of medical glass containers up to 0.15 liters (codes 7010907110 and 7010907900) from Russia, reads a report of the commission in the Uriadovy Kurier newspaper published on June 9, 2012.

The report says that the decision took effect from the moment of its publication.

The Economic Development and Trade Ministry of Ukraine, within 30 days of the publication of the report, is to register interested persons, and the ministry is to consider comments and information given in written form within 60 days.

The report says that the initiator of the investigation was public joint-stock company Maryanivsky Glass Plant (Baranivsky district, Zhytomyr region), which has a share of the Ukrainian medical glass containers (up to 0.15 liters) market of over 50%. According to the document, the claim contained enough information on dumping supplies of medical glass from Russia in 2011.

The net income of Maryanivsky Glass Plant in 2011 fell by 2.4%, to UAH 52.6 million, while its net profit plunged by 2.3 times, to UAH 1.62 million.

The enterprise was founded in 1700. Its core business is medical products manufacturing. The key rivals in Ukraine are Vetropak Hostomel Glass Plant and Kostopilsky Glass Product Plant.

As of late 2011, the main shareholder in the company was private enterprise Yan with a 95.09% stake, which is under control of lawmaker Pavlo Zhebrovsky.

12.06.2012 14:02

Source: interfax.com.ua