You're reading: 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.