Vladyslav Andronov, Deputy Head of the Kyiv City State Administration, has been appointed Chairman of the Supervisory Board of PrJSC HC Kyivmiskbud, replacing Mykola Povoroznyk.
According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the supervisory board made the decision on January 29.
In turn, the territorial community of Kyiv, which owns 80% of the shares of PrJSC HC Kyivmiskbud represented by the Department of Communal Property, on January 26 announced the recall and termination of the powers of the chairman of the supervisory board, Mykola Povoroznyk, who had held this position since December 2022.
Since June 2022, Andronov has been the deputy head of the KCSA for self-government powers. Previously, he served as State Secretary of the Ministry of Agrarian Policy and Food from 2017 to 2021.
As reported, at the end of December 2023, Kyiv Mayor Vitali Klitschko instructed to form a new composition of the Supervisory Board and the Management Board of Kyivmiskbud PrJSC in a short time. Earlier, the head of the company, Ihor Kushnir, announced that he was stepping down as the company’s chairman of the board and president after 12 years of service.
The audit of Kyivmiskbud conducted by Baker Tilly Ukraine Consulting, NHD-Audit LLC and Ernst & Young LLC found no signs of actions to bring the company to bankruptcy, concealment of financial insolvency or massive transactions by related parties. At the same time, the auditors found that Kyivmiskbud’s operations were disrupted by external factors, including COVID-19, a full-scale war, and the Ukrbud factor.
On November 17, the commission approved an interim report with recommendations and proposals for the further work of Kyivmiskbud, including the purchase of apartments in Kyivmiskbud facilities, consideration of a financial loan or additional capitalization of the company. The TAC also recommended that the Kyiv City Council appeal to the Cabinet of Ministers of Ukraine to compensate Kyivmiskbud for the total planned losses associated with the completion of Ukrbud’s projects in the amount of UAH 2.28 billion.
HC Kyivmiskbud was established on the basis of the property of the state municipal construction corporation Kyivmiskbud in 1994 by merging controlling stakes in 28 enterprises and other assets in its authorized capital. The holding company consists of 40 joint-stock companies in which the company owns shares, six subsidiaries and 51 companies as associate members.
The main shareholder of PrJSC HC Kyivmiskbud, according to the NSSMC, is the Kyiv City Council (80%).
