Oleksandr Munteanu, a representative of the shareholder, director of Foray Capital LLC (Kiev), has been elected as the head of the Supervisory Board of VGP JSC (Lutsk), the managing company of a large producer of sanitary-hygienic paper products under Ruta TM.
According to the publication of VGP JSC in the disclosure system of the National Commission for Securities and Stock Market (NCSSM), such decision was made by its nabsovet at the meeting on April 30, after the decision of the sole shareholder – the company Tissico Limited (Cyprus) Munteanu was introduced to the nabsovet instead of the former head of the SB Konstantin Shevchenko.
The other members of the Board – Natalia Miretskaya and Kamil Gotza – were re-elected by the shareholder’s decision for a new two-year term.
The company produces sanitary and hygienic products based on cellulose from imported base paper.
It is among the three largest Ukrainian producers of these products.
VGP’s brand portfolio includes napkins, toilet paper, paper handkerchiefs, kitchen towels. The assortment includes more than 180 items.
Beneficiaries of VGP, according to YouControl, are the director of the company Ilya Miretsky and Czech citizen Kamil Gotsa.
As reported, in 2023 the company produced products for UAH 1 billion 611 million, which is 64.8% more than in 2022.
According to the resource Clarity-project, in 2023 the company received 185.2 million UAH of net profit against 3.6 million UAH a year earlier.
The main specialization of Foray Capital LLC is consulting on commercial real estate and management.
Foray Capital LLC, JSC VGP TM Ruta
