In order to improve the corporate governance system, the management of
the Company was strengthened. Alan Apter was appointed
to the position of Chairman of the Board of Directors.
Started a long-term partnership with leading Ukrainian companies.
Signed long-term contract for natural gas supplies with ArcelorMittal Kryvyi Rih,
the leader of the steel industry in Ukraine.
Founded in August 2015, Burisma Geothermal
is a subsidiary of Burisma Holdings.
Burisma Geothermal is a member of world’s largest
geothermal energy associations: Geothermal Energy Association,
Bundesverband Geothermie e.V. (BVG) and RETE Geotermica.
Burisma signed an agreement with the international group Gesto
Investimento e Gestão (G.I.G.) to acquire 86% share
in three projects.
Burisma entered the operational co-operation with the other shareholder
— Cub Energy, a public company with a listing in Canada. The deal with KUB-Gas
will herald the start of a new era for the
Ukrainian gas production business.