President of Smart-Holding Vadim Novinsky is to run for the Verkhovna Rada in the by-election in constituency No. 224, the press service of the holding told Interfax-Ukraine.
“Novinsky confirmed his intention to participate in the elections of the people’s deputy for the single-member election district No. 224 (Sevastopol city), reads its response to an inquiry from the agency on Tuesday.
Earlier Head of Sevastopol City State Administration Volodymyr Yatsuba said Novinsky’s receiving a deputy mandate could be a boon for the city.
“I don’t know whether he will join the Regions Party or not, but the Regions Party will support this candidacy. I think that he’s a worthy candidate, he’s a very modest person, does a lot for the city, and will do a lot for Sevastopol in future, and that’s why such an MP will be a boon,” he said.
As reported, a by-election will be held in single-seat constituency No. 224 in Sevastopol on July 7, 2013. The Central Election Commission (CEC) of Ukraine approved the date at a meeting on Thursday. The Verkhovna Rada on March 22 cancelled the parliamentary mandate of Regions Party MP Pavlo Lebedev, who was elected as people’s deputy in single-seat constituency No. 224 at the parliamentary elections on October 28, 2012 and was later appointed defense minister.
A well-known businessman and the owner of Smart-holding, Vadim Novinsky, who was born in Russia and lives in Kyiv, obtained Ukrainian citizenship for distinguished services to the country under the order of Ukrainian President Viktor Yanukovych as of May 29, 2012.
Smart-Holding’s investment activity is focused on investment in Ukraine, CIS countries and Europe. Its largest investment is a 23.75% stake in the Metinvest international vertically integrated mining and metallurgical group, which unites 27 enterprises in Ukraine, Europe, and the United States. Smart-Holding also owns large assets in the oil and gas sector, shipbuilding, development, and agriculture. The Smart-holding group’s revenues in 2011 stood at $14.2 billion. Smart’s partner in this holding is Ukrainian businessman Rinat Akhmetov’s System Capital Management, which owns a 71.25% stake in Metinvest.
Early in 2012, Smart announced the creation of the Smart Energy, Smart Maritime Group and Smart Development sectoral holdings for business diversification. In addition, the holding owns assets in the financial sector, controlling Unex Bank and BM Bank, and in agriculture and processing.
It was officially announced in a statement of the London Stock Exchange late in 2010 that Russian citizen Andrey Klyamko is Novinsky’s partner in Smart-holding.
