SCM Announced Its Official Position on Slobozhansky Agricultural Group
OREANDA-NEWS. February 15, 2012. Slobozhansky Agricultural Group does not belong to System Capital Management. SCM is the plant's creditor helping to implement the financial recovery plan.
The owner is the only one who can sell the asset and who can confirm or deny the information about the sale of shares of the Slobozhansky Group of companies if such information has come to light.
SCM is a professional investor and the managing company of the leading financial and industrial group of Ukraine, focusing on mining and metals, power generation and distribution, finance as well as telecommunications, media, real estate, retail, clay production, petroleum products trade, agriculture, pharmaceuticals trade, heavy engineering and transportation.
The SCM Group comprises Metinvest and DTEK, First Ukrainian International Bank and Renaissance Capital Bank, ASKA and ASKA-Life insurance companies, Vega Telecommunications Group, Ukraina Media Group and Segodnya Multimedia publishing holding, ESTA Holding (real estate), Ukrainskiy Retail (retail), UMG (clay production), Parallel (petroleum products operator), HarvEast (agriculture), Ukrainian Pharmacy Holding, Mining Machines heavy engineering holding, Portinvest transportation holding and others.
Oleg Popov is Chief Executive Officer of SCM.
SCM is 100% owned by Ukrainian businessman, Rinat Akhmetov.