Business news from Ukraine

Business news from Ukraine

Austrian IC Grave Ukraine Life Insurance has increased its authorized capital to UAH 81.5 mln.

4 August , 2024  

PJSC “Grave Ukraine Life Insurance” (Kiev) has increased its authorized capital from UAH 26.903 million to UAH 81.571 million, the company was notified by the Central Depository of Ukraine on July 31, according to the information posted in the system of NCSSM.

The increase of the authorized capital by UAH 54.668 mln was made at the expense of a part of the profit received by the company.

The decision on the issue was made at the shareholders’ meeting on April 15, 2024.

PJSC Grave Ukraine Life Insurance and PJSC IC Grave Ukraine are part of NFG Grave Ukraine, the ultimate beneficiary of which is GRAWE-Vermögensverwaltung (Austria).

 

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