Former Danish Foreign Minister Eppe Kofod has been elected chairman of the Supervisory Board of NPC Ukrenergo, the company reports.
“An independent representative Eppe Kofod became the Chairman of the Supervisory Board, and the state representative Anatoliy Hulei became his deputy,” Ukrenergo said in its Telegram channel.
It is noted that at its first meeting after the appointment on December 12, the SB also created committees on audit, appointment and determination of remuneration, investment and strategy and decided on their heads.
Ukrenergo’s Supervisory Board consists of seven members: four independent members elected through a competitive selection process and three state representatives. The independent members of the SB were approved by the Cabinet of Ministers’ Resolution No. 1168-r of November 26, 2024: Patrick Greichen, who served as State Secretary of the German Ministry of Economic Affairs and Climate Protection in 2021-2023, Luigi de Francischi, former CEO of TERNA and Enel (already a member of the NPC’s SB), Eppe Kofod, former Minister of Foreign Affairs of Denmark, and Jan Montell, who has experience as a top manager and board member of a number of Finnish energy companies.
The representatives of the state were approved by the Government Decree No. 1232-r of December 10, 2024. The appointees are: Yuriy Boyko, who headed the Ministry of Energy of Ukraine in 2020-2021, is currently an advisor to the Prime Minister and a member of the previous Supervisory Board of NPC; Oleksiy Nikitin, who previously worked, among other things, at SE NPC Ukrenergo as Head of the Electricity Market Development Department, and then at Ukrhydroenergo as Director of the Commercial Department; Anatoliy Guley – built his career in the banking sector, was Chairman of the Board of Oschadbank and Activ Bank, as well as Deputy Chairman of the Board of Alfa Bank, and is a shareholder of Accordbank.
The Supervisory Board of the insurance company Krajina (Kyiv) at the meeting on November 14 appointed Roman Yaroshenko, who had been the head of the supervisory board of Asvio Bank JSC for the last five years, as the head of the supervisory board of the financial institution. According to the message of the insurance company in the information disclosure system of the National Commission on Securities and Stock Market, at the same meeting the Supervisory Board, in connection with the appointment of a new head, terminated the powers of Elyana Pustovalova in this position.
IC “Krajina” has been operating in the insurance market of Ukraine since 1994. It has licenses for 23 types of insurance.
On October 17, 2024 the Antimonopoly Committee of Ukraine has granted permission to a natural person – citizen of Ukraine to acquire control over IC “Krajina”.
According to the data of NCSSM as of Q2 2024 the shareholders of the company were the joint-stock company “Closed non-diversified venture corporate investment fund ‘Kiwi’-76,2%, ZNVKIF ‘Sirius’ and Oleg Zimin 7,491% each.
Asvio Bank (formerly Privatinvest Bank) was founded in 1991. According to the NSCM as of Q2 2024, the bank’s shareholders were Vyacheslav Suprunenko (69.9016%), his brother Alexander Suprunenko (20%), and Andriy Zaets (7.693%).
According to the NBU, as of June 1, 2024, Asvio Bank ranked 42nd among 63 Ukrainian banks in terms of assets – UAH 3.06 billion. Net profit of the financial institution for 2023 amounted to UAH 22.37 million.
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%).
The shareholders of Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipro region) have renewed the composition of the Supervisory Board.
According to the company’s announcement in the NSSMC’s information disclosure system, the shareholders considered personnel issues at the general meeting on December 28, 2023.
At the same time, the meeting terminated the powers of the members of the Supervisory Board, re-electing for a new term the CTO and Chief Strategy Officer of ArcelorMittal Clarke David George, Chief of Staff of the CEO and Chairman of the ArcelorMittal Group Anna Escobedo, Independent Director Sergey Ishchuk, Independent Director Oleg Lagodienko and CFO of ArcelorMittal Europe; Vijay Goyal, CEO of ArcelorMittal Downstream Solutions; and Vijay Goyal, CEO of ArcelorMittal CIS. Also, Sonya Neffati, Head of Organizations and Human Resources at ArcelorMittal Luxembourg, was elected to the Supervisory Board.
In addition, the shareholders terminated the powers of the members of the audit committee and did not elect new ones in connection with the liquidation of this controlling body.
As reported, at the meeting, AMKR shareholders planned to approve the results of the company’s financial and economic activities in 2021 and 2022, determine the procedure for repayment of losses, and amend the company’s charter and bylaws.
AMKR ended 2022 with a net loss of UAH 49 billion 9.104 million, while in 2021 it made a net profit of UAH 25 billion 216.068 million. The outstanding loss by the end of 2022 amounted to UAH 3 billion 283.553 million. The value of assets halved to UAH 52 billion 682.761 million from UAH 105 billion 800.975 million in 2021.
“ArcelorMittal Kryvyi Rih is the largest rolled steel producer in Ukraine. It specializes in long products, including rebar and wire rod.
ArcelorMittal owns the largest mining and metallurgical plant in Ukraine, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Berislav.
Mittal Steel Corporation acquired a 93.02% stake in Kryvorizhstal at an open tender on October 24, 2005 for UAH 24.2 billion at a starting price of UAH 10 billion, after which the plant was renamed Mittal Steel Kryvyi Rih and later ArcelorMittal Kryvyi Rih.
According to the company, Arcelor Mittal Duisburg GmbH (Germany) owns 95.128% of its shares.
The authorized capital of the plant is UAH 3 billion 859.533 million.
Pharmaceutical Company “Zdorovye” LLC (Kharkiv) has changed its head and some members of the Supervisory Board (SB).
As the company reported in the information disclosure system of the National Commission on Securities and Stock Market (NCSSM), the general meeting of the company on Wednesday terminated the powers of the head of the supervisory board Alexander Dorovskiy and member of the supervisory board Yegor Dorovskiy at his own request.
The meeting elected Vadim Demokhin, the company’s development director, as the head of the SB, and Valeria Burova, deputy director for quality and certification of “Health of the People” LLC, and Elena Shvinagir, director of “Research Plant GNCLS” LLC (Kharkiv), as members of the SB. According to the YouControl system, the co-owner of this LLC is Yegor Dorovskiy.
Established in 2001, Zdorovye pharmaceutical company produces more than 300 drugs of all pharmacotherapeutic groups. It is among the top 20 pharmaceutical companies in Ukraine, has certificates of compliance with GMP requirements of the European Union and Ukraine.
As reported, according to the results of 2021, the pharmaceutical company increased its net loss by 8.5% – up to UAH 39.559 mln.
According to Opendatabot, the owners of the pharmaceutical company Zdorovye are Pharmgruppe Zdorovye LLC and Research Plant GNCLS LLC. The ultimate beneficiary is Alexander Dorovsky (Poland).
Earlier, the media reported that the owner of the company is Alexander Shishkin, a member of the Defense and Security Committee of the Russian Federation Council.
Shareholders of IC Mega-Garant JSC (Kyiv) have decided to terminate the powers of the head of the Supervisory Board Roman Kipot, members of the Supervisory Board Oleksandr Batrak, Natalia Titova.
According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission, in addition, Alexander Volokhin, who has been director of Akvis Trade LLC, Kars Technoservice LLC, and Ivan Nizhnik, director of Nizhbud LTD LLC, has been appointed members of the Supervisory Board for the last five years.
As reported, the Motor (Transport) Insurance Bureau of Ukraine announced the company’s loss of associate member status from October 5, 2022. In connection with the temporary suspension of the licenses of IC “Mega-Garan”, including for the implementation of activities on compulsory insurance of civil liability.
Earlier, on August 1, the NBU temporarily suspended the licenses for insurance activities of IC Mega-Garant JSC due to violation of mandatory financial standards.
As the regulator noted, a significant part of the assets of Mega-Garant IC was placed with Megabank JSC, which was classified as insolvent, according to the decision of the NBU dated June 3, 2022.
As a result, IC Mega-Garant lost a large amount of eligible assets that ensure the solvency of the insurer, which led to the fact that, as of June 7, 2022, the insurer does not comply with the solvency and capital adequacy ratio, as well as the risk ratio of operations.
The NBU notes that the insurer has been given a period until September 30, 2022 to eliminate the violations that became the basis for applying the enforcement measure.
JSC “IC “Mega-Garant” is a part of the banking group JSB “Megabank”. It operates in the non-life segment, including OSAGO.
In the first quarter of 2022, the insurer collected UAH 116.4 million in insurance payments (more than 80% of which are OSAGO) and paid out UAH 4.5 million in insurance payments.
The company ranks 28th among the largest Ukrainian companies operating in the OSAGO market and has a 1.24% market share in insurance premiums for this type of insurance.
