Economy

Oleksandr Yanukovych forms and heads supervisory board of MACO Holding

Oleksandr Yanukovych, the eldest son of the president of Ukraine, has formed a supervisory board of private joint-stock company MACO Holding (earlier private joint-stock company Management Assets Corporation, MACO, Donetsk), consisting of three members and headed the board, reads a company report.

The report in the information disclosure system of the National Commission for Securities and the Stock Market said that the decision was made by the shareholder the day before.

Along with Oleksandr Yanukovych, Tetiana Halenko, who until late April 2012 was director general of private joint-stock company Capital Building Corporation, which is part of the holding, and Olena Kazimirova, who was a leading specialist before, entered the supervisory board.

MACO Holding has been operating on the Ukrainian market since 2006. Its core business is investing in construction.

Among the projects realized by the corporation is the Stolychny business center commissioned in Donetsk, and a hotel and entertainment complex with a yacht club in Balaklava (commissioned). In addition, the corporation sold the Pivnichny business center in Donetsk at the stage of the laying of its foundations. The name of the new owner is not being disclosed.

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