News

Kiev, 7 August – The issue of increase in the authorized capital was considered at a regular General Shareholders Meeting of BANK FORUM. The Shareholders voted for the authorized capital increase by UAH 800 million, to UAH 6,735 million, through additional private placement of shares with the current nominal value.

Kiev, 7 August – BANK FORUM (PJSC) has held its regular General Shareholders Meeting that resulted in changes to the Supervisory Board of the Bank. By the shareholders’ decision, Aleksandr Morozov was elected a member of the Supervisory Board of Bank Forum. At the same time, the authority of Mikhail Zavylov as a Supervisory Board member was terminated.

Smart-Holding and the Bank of Moscow have signed a framework agreement for the purchase and sale of 100% of shares in BM Bank JSC which is a subsidiary of the Bank of Moscow.

Metinvest B.V. announces that the company has executed definitive agreements to form a development arrangement with Black Iron Inc. and to invest in Black Iron, which is currently a wholly-owned subsidiary of Black Iron. The agreements create a defined path for Metinvest to become a prominent shareholder of Black Iron’s development projects, the Shymanivske Project and the Zelenivske Project, each located in Kryvyi Rih, Ukraine. Provisions of the agreements between Black Iron and Metinvest require Metinvest to make an initial investment of US$20 million in BKI Cyprus to help fund the Projects, with potential investment amounts thereafter expected to increase during construction of the Projects to approximately US$536 million.

Pursuant to the Articles of Association of SMART-HOLDING, and Article 57 of the Law of Ukraine On Joint Stock Companies, Vadim Novinsky prematurely resigned from the post of the Supervisory Board Chairman of the Holding Company. The resignation, documented in Novinskiy’s written notice, is in connection with his election to the People's Deputies of Ukraine.

Dear colleagues, professionals of steel making and mining industries!

For many years, your work has been shaping welfare of Ukraine that takes its rightful place among the world’s largest producers of iron and steel.

On July 08, SCM Group, as envisaged in its agreement with SMART Group, transferred to Metinvest Group the following blocks of shares: 23.5% of shares in Central GOK, 15.0% of shares in Northern GOK, 26.0% of shares in Zaporizhia Coke and 31.3% of shares in Donetsk Coke. SMART Group transferred 3.1% of shares in Ingulets GOK.

On 21 June 2013, Kherson Shipyard had a celebratory floating out of the RST27 design tanker SVL UNITY, the third vessel in a series of tankers commissioned by SVL Group (Malta). The total contract price amounts to more than USD 50 million.

Kiev, 22 May – On Tuesday, 21 May, the military delegation of the Kingdom of Thailand headed by the Chief of General Staff of the Thai Armed Forces Tanasak Patimapragorn visited Smart-Holding as part of their official visit to Ukraine.

Artur Rekov has been appointed as the CEO of Smart-Nerudprom, the holding company’s non-metallic materials business.