ACQUISITION OF THE UKRAINIAN COMPANY: Ukrdesigngroup(UDG)

11/1/12
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    We are pleased to announce that on 24 October 2012, TPF, directly and through its subsidiary TPF Ukraine, took a 51 % stake in the Ukrainian company Ukrdesigngroup(UDG).

    The company was founded in Lviv in 2006 by Ihor Kuzmak and Andriy Pobursko who are still the two managers.

    Active in the building sector, UDG employs around 120 people.

    Able to study any kind of projects in the fields of residential, educational and industrial buildings as well as in the fields of retail and leisure, the company has prestigious references such as the Arena Lviv Euro 2012, the Lviv International Airport, the children’s Hospital of the Future in Kiev …

    It was clear that there was between both funders of UDG and the management of TPF an identical culture, similar values and the same vision regarding business development strategy.

    Ihor et Andriy remain shareholders owning 49 % of the company’s shares and they have committed themselves to stay at the head of UDG for at least 10 years.
    We are very happy with this operation because it will allow us to become a major player in Western Ukraine. 

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