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Investohills Vesta achieves freeze on assets of Kagerol Holdings, owner of Balaklava Mine in Sevastopol
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The Cyprus District Court of Nicosia, under a suit of Investohills Vesta Financial Company, prohibited any operations with the assets or property of Kagerol Holdings Limited registered in Cyprus and owned by the citizen of the Russian Federation Ashot Malkhasyan, which owns the Gorky Balaklava Mine named.
According to a press release from the financial company, until the end of 2014, Kagerol Holdings Limited was part of the Smart Holding of Ukrainian businessman and MP Vadim Novinsky and controlled PJSC Balaklava Mine, which is now in the occupied territory of the Autonomous Republic of Crimea. ....

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