At a meeting on May 31, the Supervisory Board of PJSC Nikolaev Shipbuilding Plant Okean appointed Vladimir Mikhailyuk as president of the enterprise instead of Vasily Fedin, who held this position since November 2011, the company said in the information disclosure system of the National Securities Market Commission. Before joining Okean, both managers - Vladimir Mikhailyuk and Vasily Fedin - held senior positions in the Black Sea and Kherson shipyards controlled by the Smart Holding group of entrepreneur Vadim Novinsky, respectively. Mr. Mikhailyuk’s last place of work was the Shipbuilding Plant named after. 61 communes, where he held the position of general director. In early February, Vadim Novinsky announced that Smart Holding had reached a verbal agreement to purchase 50% of the shares of Ocean from its shareholders. However, yesterday the press service of the Kommersant group reported that the company is not a shareholder of Okean. In addition, entrepreneur Konstantin Zhevago, who previously owned the enterprise through the Dutch Okean BV, is laying claim to Okean. The latter challenged the illegal acquisition of 98.74% of the shares of the Ukrainian plant (see Kommersant of April 25) in the District Court for the Southern District of New York. Andrey Ledenev

The president has changed at Okean