fact of receiving investmemoranduma from ING, which states the intention of the owners Nemiroff sell majority stake in the company, confirmed in several alcohol companies. According to a representative of one of them, the bank began to send it to the end of last week. The Ukrainian office of ING declined to comment on the document.

Chairman of the Board of Directors Alexander Nemiroff Hlus stated that "the company is at a stage that is ready to consider the involvement of a strategy for development at the global level." From the detailed comments, Mr. Hlus refused. But a source close to Nemiroff, argues that the intention to leave the business has two co-owners of the manufacturer - Yakov Gribov and Anatoly Kipisha. "Company founder Stepan Glus wants to maintain its stake in the company," - says the source.

According to him, Mr. Hlus ready to buy shares of two other shareholders, if it can attract credit. From the masters of Gribov and Kipishem contacted yesterday failed.

Nemiroff was founded in 1992.

main brands - "Nemiroff Original", "Ukrainian Honey Pepper", "Ukrainian Birch Special," "Rye Honey", Nemiroff Premium and Nemiroff Lex. The materials ING states that in 2009, according to company estimates, its sales amounted to 8 million given (by 3,9% more than in 2008), net sales - $ 217.6 million (14% less), net profit - $ 38.3 million (50% less), EBITDA - $ 41,2 million (44,6% less). It is the duty of the company in 2009 amounted to $ 10.5 million According to a source familiar with the situation in the group a year ago, 40% owned by Yakov Gribov, even at 30% - Anatolia Kipishu and Stepan Glusyu.

As reported in document ING, brand Nemiroff is the third volume of sales of vodka in the world. In the structure of the company"s sales of vodka accounted for 98% in volume and 99% by value. The bulk of sales in kind accounted for Ukraine - 53% (38% in value terms), followed by Russia - 38% (54%) and Poland - 2% (3%), other countries, sold 7% (5%) . Power in Ukraine make it possible to produce 12 million made a year, now they are loaded on 70%. In Russia, where the company in 2008 started bottling their products at the Yaroslavl distillery, its annual production capacity of 1.6 million given to the prospect of increasing to 3 million dal. From 2010 Nemiroff can produce 14.6 million returned and, if necessary, increase it to 16 million returned, according to the materials ING.

analyst at Renaissance Capital Uliana Lenvalskaya estimates the value of Nemiroff company on multiples of the Russian "Synergy", which is now trading at 7,8 EV /EBITDA. "Thus, taking into account the debt Nemiroff costs about $ 321 million, although an investor could offer a prize, given that the profitability of Ukrainian companies is higher than that of" synergy "," - she said.

According to market participants, one of the likely bidders for Nemiroff is Central European Distribution Corporation (CEDC) - the largest vodka producer in Russia (the company 100% owned GC "Russian Alcohol", the brand Parliament and 49,9% of voting shares and 75% in profits in the elite alcohol distributor Whitehall Group). "CEDC has met with management Nemiroff, to discuss the possibility of participation in the business of the Ukrainian company, but about something specific parties have not yet agreed," - said a top manager of one of the abc8lcohol companies. Member of the Board of Directors of CEDC Sergei Kupriyanov declined to comment on this information. "CEDC could well take part in this transaction, but it would be interesting to have 100 percent control over Nemiroff", - says Mrs. Lenvalskaya.

European indexes rise 3rd day in a row followed by Rio Tinto shares
Ukrainian stock market rose Tuesday after the world"s playgrounds
The stock market of Russia halted the rise in the threshold of § 1500 on the RTS index in anticipation of news from the U.S.
Forecasts of analysts: With the support of foreign sites the Russian stock market will continue to move upward at the opening
A positive aspect for the Russian market is the growth of quotations, observed in recent days, the "second echelon"
The greatest demand today will use the paper-oil sector, where the daily price increase may reach 3-4%
Growth in today"s session may be constrained by too weak positive dynamics of futures for U.S. indices
The Russian market at the opening will continue upward movement and overcome the level of 1440 points on MICEX
Higher oil prices would lead the MICEX index from the lower boundary of the rising channel