OREANDA-NEWS. April 02, 2012. To improve business transparency and investment appeal, SCM Group made corporate changes and separated the business ownership and corporate governance.

As a result, SCM will focus on strategic business management and SCM Holdings limited will own corporate rights of all its Ukrainian and international assets. Starting from 2012 Rinat Akhmetov owns SCM and SCM Holdings limited (he owned SCM Holdings limited indirectly through SCM before).

These actions will build a structure that meets international business standards but will not change the investment focus (Ukraine will remain our major investment destination) or the tax policy of the Group (our shareholder and businesses are responsible taxpayers and pay taxes in Ukraine).