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The National Securities and Stock Market Commission has registered the completion of the issuance of Kyivmiskbud shares as part of the company's recapitalization

UA NEWS 22 May 2026 12:56
The National Securities and Stock Market Commission has registered the completion of the issuance of Kyivmiskbud shares as part of the company's recapitalization

The National Securities and Stock Market Commission has registered a report on the results of Kyivmiskbud’s private share offering, effectively completing the company’s recapitalization process. 

The relevant decision took effect on May 20, 2026.

The company notes that this is the final stage of the recapitalization, which was carried out with the support of the city authorities. Valerii Zasutskyi, Chairman of the Board of Kyivmiskbud, stated that the company has received the means to resume full-scale operations and fulfill its obligations to investors and the community.

The decision on recapitalization was adopted by the Kyiv City Council on October 31, 2024, when an increase in the company’s capital by UAH 2.56 billion through an additional share issue was approved. In June 2025, shareholders approved the issuance of additional common registered shares, and the actual receipt of funds took place in December 2025. The Kyiv territorial community was the sole participant in the placement.

According to the data, Kyivmiskbud’s balance sheet includes 24 construction sites where over 120 residential buildings at various stages of completion have been erected. The total area of unfinished construction exceeds 548,000 square meters.

The company began gradually resuming construction work in March 2026 at a number of sites, including the Podil Grad, Hvardiyiskyi, Raiduzhny, Freedom, Oberig-2, Twin House, and Urlivskyi-1 residential complexes. The resumption of work on the “Apricot” residential complex was also announced for June, while engineering work and technical specifications are being carried out at other sites.

Kyivmiskbud was established in 1994 based on the assets of the state construction corporation, and today its structure includes dozens of joint-stock companies, subsidiaries, and associated enterprises involved in construction activities in Kyiv and the region.

Previously, the Kyiv City Council recapitalized Kyivmiskbud by 2.56 billion hryvnias through a share issuance, increasing the community’s stake to 99.87%.

As a reminder, Kyivmiskbud is now headed by entrepreneur Dmytro Nikiforov.

Kyivmiskbud has also completed its recapitalization.

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