OREANDA-NEWS. August 8, 2007. System Capital Management has become a member of the European Business Association (EBA). The company’s application for membership was agreed by the EBA’s board with SCM becoming a full member of the organization with immediate effect.

"SCM as the largest Ukrainian company is committed not only to development of its business, but also to making maximum contribution to development of the Ukrainian economy as a whole. We not only invest substantially in Ukraine but also introduce the international management standards including communications with our stakeholders”, said Jock Mendoza-Wilson, SCM’s Director of International and Investor Relations. He also added: “EBA has built respect with business, government and European institutions through its effective and professional advocacy on business and economic issues in Ukraine. We believe that joining the Association will enable us to play even more active role in development of the Ukrainian economy”.

Welcoming SCM as member the EBA’s Executive Director, Anna Derevyanko, said:

“We welcome membership of System Capital Management in the European Business Association since we belive the company can and will contribute to successful implementation of the EBA tasks regarding reducing barriers to investment in Ukraine, providing input to different instruments promoting economic integration with the EU and promoting Ukraine`s image as an investment destination and business partner.”