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«AgroInvest» — News — New CEO and CFO were appointed at Ovostar Union

New CEO and CFO were appointed at Ovostar Union

2013-12-12 17:09:33

According to the official information released by the company, Sergey Sovira, former Chief Executive Officer of Lauffer Group, one of the largest bakery goods producer in Ukraine was appointed as a new CEO of Ovostar Union. Tatyana Komarova was appointed as a new Chief Financial Officer, as Ms. Komarova previously was employed as a Chief Financial Officer of Ukrproduct Group, another public agrarian holding of Ukraine.

UkrAgroConsult comment: market reacted positively in terms of new appointments with market capitalization of the company rising by 2.54% over the Wednesday, December 2013 trading session. Ovostar Union has indicated positive performance over 9 months of 2013, with slight upward trend for main financial indicators, sales revenue growth, gross profit growth and net income growth.

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