Russian Agricultural Division seeks funds through private placement
FOR IMMEDIATE RELEASE
Russia (PressReleasePlanet.com) February 10, 2009 - Agricultural company RAD, the subsidiary of PAVA, has said it plans to offer up to 40% of its shares to finance future development. The company, investing in arable land in several Russian regions, started talks regarding a private placement in February.
Earlier Russian Agricultural Division announced its intent [...]
PAVA launches flour Zhitnitsa with unique vitamin complex
FOR IMMEDIATE RELEASE
Russia (Free-PR-Release.com) February 10, 2009 - PAVA introduces Zhitnitsa flour offering its customers a rich complex of vitamins and microelements. Wheat grain is a host of numerous vital nutrients, the significant part of them being stored in the aleuronic layer, which is difficult to extract using standard milling technologies. Due to PAVA’s unique [...]
PAVA reports Q3 2008 ROE growth
FOR IMMEDIATE RELEASE
Russia (PressReleasePlanet.com) February 6, 2009 - According to Q3 2008 results, OJSC PAVA demonstrated 69.7% growth of return on equity compared to the same period last year. This underscores the company’s sound financial policy as it remains steadfast on improving efficient use of its financial resources.
The growth was achieved not least due to [...]
