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Ukraine’s Asset Recovery and Management Agency selects manager
Journal Staff Report

KYIV, April 25 – The Asset Recovery and Management Agency (ARMA) is preparing to announce a competition for selection of a manager of the assets of Karpatnaftochim LLC transferred to it in October 2022, but draws attention to the identified problems with these assets.

"ARMA collected information, in particular, received the financial statements of Karpatnaftochim for 2020-2021 and the nine months of 2022. After receiving and processing all the information collected, officially notifying law enforcement agencies about the problems identified (with the assets of the company), the agency took measures on the announcement of competitive selection of a manager of the said seized assets," the statement on the ARMA website said on Monday.




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