The AIM-quoted Ukrproduct Group Limited (UPG), Ukraine’s leading branded dairy products company, announced yesterday that it has appointed Metropol (UK) Limited as joint broker alongside WH Ireland Limited, UPG’s nominated adviser and broker.

Metropol (UK) Limited is a London-based affiliate of IFC Metropol, a leading Russian brokerage firm, and primarily focuses on raising equity capital for and providing corporate broking services to small- and medium-sized Russian and other CIS-based businesses on AIM of the London Stock Exchange.  Metropol (UK) Limited also currently acts as AIM broker to Zirax Plc and Teleset Networks Public Company Limited, as well as joint broker to International Marketing & Sales Group Limited and Timan Oil & Gas Plc.

The main activity of UPG is the production and sales of branded milk-based final-consumption products (butter and cheese). It also produces and exports intermediate-stage milk products (dry-milk powder) to the markets of Denmark, the Netherlands, Bulgaria, Japan, Turkey, Russia and other countries as well as provides logistics and distribution services to third parties operating in Ukraine.