Privat Comes To Halychina

At yesterday’s Halychina Refinery (HANZ) EGM, a new group of top managers for the company was voted in. Representatives of Privat-related businesses were appointed, confirming that Privat group bought Continium’s stake in the company, and thus, was able consolidate full control. State Property Fund representatives were not included on the board, but the government was able to block changes to the statute which required a qualified majority.