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MARKET NEWS: 2016, November 1 – November 7

  • The new head of the financial unit of SE “Administration of Ukrainian sea ports” (ASD) became Nikolai Poltoratsky, who previously worked at Ilyich Steel and the Ministry of Infrastructure of Ukraine. He began his career in 2005 at JSC “MMK Ilyich”, where he held positions from economist to Head of Department analysis of corporate and operational reporting.
    In 2012, was in Ministry of Infrastructure as a chief specialist of internal investigations and the prevention of corruption and economic offenses.
  • Chairman of the Board Bank “Globe” (Kiev) was appointed on 1 November Sergey Mamedov instead Sergei Kurylenko, the bank said in the disclosure system of the National Commission on Securities and Stock Market.
    According to the report, the corresponding decision was taken by the supervisory board of the bank on 27 October.
    S.Kurilenko served as Chairman of the Board since February 2011.
  • Economic Court of Vinnitsa region declared bankrupt and opened a liquidation procedure against the Kiev factory of soft drinks Rosinka.
    This Court adopted a corresponding resolution of 24 October 2016, reports Interfax-Ukraine.
    Company liquidator appointed bankruptcy commissioner Vadim Ostrovsky.
  • Confectionery Company “AVK” intends to sell the Mukachevo confectionery factory. This was told by the director of the quality of the company “AVK” Andrei Garyazha. According to him, Mukachevo confectionery factory does not work since 2013. 90% of all products “AVK” today produced at the Dnepropetrovsk confectionery factory. About 10% of the total volume of “AVK” is produced at the facilities of other manufacturers.
  • Acting Director General, a major producer of electric motors and PAO “Elektromashina” (Kharkiv) from 8 November appointed Vyacheslav Chaitsky holding the position of director of the company production.
    According to the information in the information disclosure system of the National Commission on Securities and Stock Market, such a decision was taken by the supervisory board of 4 November dismissed Vasily Bondarenko, director general on the basis of his statement.
    Bondarenko led the company since April, 2014.

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