Business news from Ukraine

Business news from Ukraine

Petro Panteleev appointed head of Kyivmiskbud Supervisory Board

Kyivmiskbud PJSC received additional capitalization in the amount of UAH 2.56 billion and renewed its management team, according to the company’s press service. As noted in the release, thanks to the support of the Kyiv City Council, the Kyiv City State Administration, and the mayor of Kyiv, PJSC Kyivmiskbud received additional capitalization in the amount of UAH 2.56 billion and is moving on to the next stage of its anti-crisis plan. In particular, the supervisory board has been strengthened, with Petr Panteleev, acting first deputy chairman of the Kyiv City State Administration, appointed as its new chairman.

The supervisory board also decided to change the company’s management. Valery Zasutsky, a professional builder and member of the National Association of Builders of Ukraine, has been appointed as the new chairman of the board.

“These steps are necessary for the further implementation of the company’s anti-crisis plan in 2026, in particular, to stabilize the company’s financial condition; establish more transparent communication and productive cooperation with investors; and gradually resume construction at the company’s facilities.

Communication with the government has also been strengthened to resolve the issue of compensating Kyivmiskbud PJSC with UAH 2.28 billion for the Ukrbud facilities transferred to the company,” the release said.

 

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