Shareholders of the Kyivtsement plant (Kyiv), which is a cement producer, relieved Valentyn Shevetovskyi as a member of the supervisory board at a meeting on June 8, and they appointed Heiko Hossenfelder to replace him. Hossenfelder is the financial director of Germany’s Dyckerhoff AG company. In all, 5 persons are members of Kyivtsement’s supervisory board. In 2003, Kyivtsement’s shareholders appointed Norbert Schulz to serve as a member of the supervisory board. He replaced Herbert Braun on the board.
The plant suspended production of cement in late September, and its management decided to get down to packing and shipment of already produced cement. Dyckerhoff Zement International, which also owns 90% in Pivdentsement and 45% in Volyn-Tsement, holds 76% of the shares in Kyivtsement.