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Company news 18:11 14 Nov 2024

Oleksandr Naumyk, the General Director of BGV, has been recognized in the CEO rating of leading companies in Ukraine

Oleksandr Naumik

Oleksandr Naumyk, General Director of BGV Group Management, has been included in Forbes Ukraine's ranking of CEOs of leading Ukrainian companies. He was recognized in the "Multi-profile Holdings" category. The list features 303 general directors from large companies across 33 economic sectors.

Forbes evaluated individuals who actively contribute to Ukraine's economic development, analyzing over 500 candidates during the selection process. Criteria included net income, financial performance, workforce size, and changes compared to the previous evaluation period, as well as specific industry indicators. The evaluation also involved questionnaires and data from open sources.

This is the fourth 2024 recognition for Gennadii Butkevych's BGV Group Management by prominent media outlets. In April, the company was named one of Ukraine's largest donors by New Voice. In May, Forbes listed BGV among the 25 largest investors in Ukraine's economy during the full-scale war. Most recently, in August, New Voice ranked BGV Group Management among the 50 largest private investors in Ukraine amid the ongoing war.

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Gennadii Butkevych's investment group, BGV Group Management, was established in 2015 with a focus on creating innovative and efficient businesses producing high-value-added products. The company operates across five business areas: mining, processing, energy efficiency, retail, and development. BGV employs over 2,000 people in nine regions of Ukraine, where its facilities are located.

A key focus of BGV is investment in the extraction and processing of raw materials. The group holds licenses for the exploration and production of nine types of resources, including strategic minerals and metals such as graphite, beryllium, zirconium, and rare earth elements, as well as other resources like granite, gas, and oil.

Despite the challenges of the full-scale invasion, BGV continues to advance its projects and invest in Ukraine's development. From January 1, 2022, to June 1, 2024, the company invested UAH 3.8 billion in Ukrainian assets. In 2022, investments totaled UAH 1.25 billion, rising to UAH 1.33 billion in 2023. In the first half of 2024 alone, BGV invested UAH 1.22 billion.

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