News

The CEO of Smart-Holding and the chairman of the strategic committee of Metinvest Group, Alexey Pertin, participated in the official opening ceremony of the new coking coal mine of United Coal Company that is part of Metinvest Group. The opening ceremony was also attended by the Acting Governor of West Virginia, Earl Ray Tomblin, and the mayor of Sophia, Danny Barr.

The Metinvest Group has completed the consolidation of its assets with Ilyich Steel Plant. As a result, Ilyich Steel Plant joined the Metinvest Group, and Clarendale Limited, with Vladimir Boyko being the main beneficiary, became the group's shareholder.

The HarvEast group has been established as an umbrella body for the agricultural assets owned by Ilyich Steel Plant. Its shareholders will be the SCM and Smart Holding Groups. The same-name managing company HarvEast Holding has been established to manage the strategy and operations of the group.

Alexey Pertin, CEO of JSC Smart Holding UA and Denis Rudev, First Deputy Chief Executive Officer for Finance of JSC Smart Holding UA appointed to the Board of Regal Petroleum plc.

Alexey Timofeyev, First Deputy Chief Executive Officer for Corporate Development and Asset of JSC Smart Holding UA, appointed to the Board of Regal Petroleum plc. Mr. Timofeyev will also be appointed CEO of Regal Petroleum plc after obtaining a British work permit.

Smart-Holding presents a project of building a recreational resort Balaklava Green (Sevastopol, Crimea) at the largest international real estate exhibition MIPIM-2011 (Cannes, France), which will be held on 8-11 March 2011.

Group of companies Smart Holding got the approval of its new Offer regarding purchase of controlling stake of Regal Petroleum from the shareholders holding 54.97% of Regal Petroleum shares.

Group of companies Smart Holding got the consent of the shareholders of British company Regal Petroleum for sale of 51.7% of the company shares.

The Board of Directors of Regal Petroleum plc advises the company shareholders to accept new Offer of Energees Management Limited (100% subsidiary of Energees Investments Limited, main holding company of the Group of companies Smart Holding) regarding partial redemption of shares as the best and only available option for them.

A team of Smart-Holding represented by the Chairman of the Supervisory Board Vadim Novinsky and the CEO Alexey Pertin will participate in the 41^st annual meeting of the WEF members that will be held in Davos (Switzerland) from 26 to 30 January 2011.