UKRPRODUCT GROUP LTD RANKED IN THE TOP FIVE COMPANIES IN UKRAINE FOR CORPORATE GOVERNANCE : Latest news

11 July 2013

Concorde Capital investment company announced the results of the study ‘Corporate Governance in Ukraine – 2013’ and updated ratings of corporate governance practices in the Ukrainian listed companies.

The aim of the study was to provide investors with the tools to better understand the corporate governance practices in the Ukrainian companies in order to make sound investment decisions. The project covered 111 companies operating in Ukraine who, issued either shares, or bonds traded on the Ukrainian and international stock exchanges.

According to the study, Ukrproduct Group Ltd was listed among the five companies that received the highest score – 10.0 out of 10.0. The evaluation took place based on ten criteria: audited IFRS financial statements, the quality of reporting, corporate information, ownership structure, the presence of institutional investors, strategic risks, the representation of minority interests in the controlling bodies, management availability, the level of publicity and the quality of the website.

The full version of the report is available here.

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