Andrey Verevskiy Net Worth is$1 Billion
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Andrey Verevskiy net worth: Andrey Verevskiy is a Ukrainian entrepreneur who has a net worth of $1 billion. Trading in grain at the age of nineteen, Andrey Verevskiy founded Kernel Holding a decade later and helped it turn into Ukraine's largest sunflower oil producer over the years. It was in 2007, when he took the company public and earned $300 million. Although the company's stock price lowered 7% throughout 2012, Verevskiy still is one of the richest people in Ukraine as of March 2013. Turning to Russia for growth, he acquired two oil extracting factories and a port terminal with plans to start grain export from Russia. What's more, he joined Ukraine's Parliament after he was elected as a delegate from the Party of Regions which supports Ukraine's current president Viktor Yanukovich. In his private life, he is married and a father of three.
Andrey Verevskiy (born July 25, 1974) is a Ukrainian entrepreneur, founder and chairman of the board of Kernel, a Ukrainian diversified agri company. Verevskiy is a former deputy of Ukrainian parliament member of the Party of Regions faction and a fellow of the Agrarian Policy and Land Relations Committee.
Graduated with a bachelor's degree in agronomics from the National Agrarian University. Oxford College graduate. In 1995 founded a small grain trading enterprise focusing on grain exports out of Ukraine, which through the years grew into a present Kernel. Chairman of the board and majority shareholder of Kernel Holding S.A. since 2007.
Verevskiy is the founder, largest shareholder and Chairman of the board of Kernel Holding S.A. since 2007. Kernel Holding S.A. is an agri-business value chain management company operating in Ukraine, providing production, processing, storage, transshipment and export of agricultural commodities, the company supplies grain, sunflower oil (35% of Ukraine's market) and meal produced in Ukraine and Russia; the largest supplier of bottled oil to the Ukrainian market;[citation needed] provider of grain silo services to farmers, and provider of services for the transshipment and export of grain, oil and meal from Black Sea ports.
Kernel Holding S.A. completed the initial public offering (IPO) on the Warsaw Stock Exchange (WSE) raising $221 million in November 2007.[citation needed] Since the debut on the WSE the market capitalisation of the company has tripled and reached US$2 billion in 2011.[citation needed] The IPO of Kernel Holding S.A. was named the Best IPO in Central and Eastern Europe on the WSE.[citation needed] Kernel is a member of WIG20 index of the Warsaw Stock Exchange.
In 2012, US Forbes Magazine valued net worth of Andrey Verevskiy at USD 1 billion.[citation needed]
2002-2006, Verkhovna Rada parliamentary deputy of the 4th convocation. Fellow of the Verkhovna Rada Finance and Banking Committee. Until December

Andrey Verevskiy Latest News

Wheat Drops With Corn as Ukraine Supply-Disruption Concern Eases

Business continues as usual in Ukraine and Russia, according to Andrey Verevskiy, chairman of Kernel Holding SA, the biggest Ukrainian agricultural producer. U.S. Secretary of State John Kerry heads to Kiev today after Russia told the United Nations that ...
Posted: March 3, 2014, 8:37 pm

Sunflower oil producer to list in Warsaw

Kernel, controlled by 33-year old Ukrainian lawmaker Andrey Verevskiy, has in recent years established itself as a competitor for world giants such as US-based Cargill and Bunge, both of which have large operations in Ukraine, home to the world’s second ...
Posted: October 28, 2007, 1:49 am

Ukraine's Kernel claims business as usual despite RU-UA crisis

WSE-listed Ukrainian edible oils producer Kernel Holding is suffering no disruption in its business operations either in Ukraine or in Russia, CEO Andrey Verevskiy told a conference call on Q4 2013 results. "Business continues as normal, both in Ukraine ...
Posted: March 3, 2014, 4:00 pm
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