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History

Sincome Inc. was established in 1994 with the goal of attracting investments into the Ukrainian stock market. Today we are one of the leading brokerage companies in Ukraine providing services to foreign and local clients. Our team of experienced investment professionals has gained a reputation for local expertise and comprehensive knowledge of the market.

In 1994, we founded two voucher funds, which were special vehicles of privatization in Ukraine. These funds have attracted more than 150,000 individuals.

In 1996, Sincome Inc. played an active role in establishing the PFTS, Ukraine 's largest stock exchange, which accounts for 90% of all securities trading activity in Ukraine.

We are consistently ranked in the top 5 of the most active PFTS members. In 2003 and 2004, we ranked second in the PFTS’s annual rating of stock trading activity, fourth in 2005, third in 2006 and second in 2007.

Key Personnel

Yuriy Yakovenko, Chairman of the Board, was present at the cradle of the stock market in Ukraine. He currently serves on the PFTS Board and is a member of Stock Club, an organization that unites the most influential people in the Ukrainian stock market.

Pavel Korovitsky, Deputy Chairman of the Board, has been with Sincome for more than 10 years. A graduate of Kiev Economics University, Pavel is responsible for the company’s trading operations.

Andriy Petruk CFA joined Sincome in 2004 as Head of Research. He graduated from Kiev Economics University in 1996 and finished his MBA at International Management Institute (IMI-Kiev) in 2001. Andriy received his CFA degree in 2003.

Anatoliy Zaslavchik is Director of Corporate Finance at Sincome. He received his BA from City University of New York in 1996 and MS from Pace University in New York in 2004. Anatoliy has over 12 years of management, investment banking, venture capital and private equity, and strategy consulting experience in the US and EU, where he specialized in Eastern European markets.

Tatiana Litchnaya, Head of International Equity Sales, joined Sincome in 2007. She graduated from Kiev Economics University in 2005 with a degree in International Economics. Prior to joining Sincome, she worked at Concorde Capital and On-Line Capital.

Services

Sales & Trading
As an active member of the PFTS exchange, Sincome trades all major stock listed on the exchange. In addition to our trading desk, we have an extensive network of buyout managers who collect Employee Buyout shares throughout Ukraine. With timely and professional order execution, we have garnered the reputation of a reliable partner both in Ukraine and abroad.

Research
We follow all major stocks traded on the PFTS exchange closely, with a special focus on the steel, utilities, energy, engineering and banking sectors. An important part of our coverage is second and third-tier stocks.

Corporate Finance
Sincome has provided investment advisory and intermediary services in a number of deals for domestic and international clients. These transactions were made primarily in the form of:

- Privatisation
- Accumulation of majority or minority stakes
- Employee Buyout

We have also been involved in the restructuring and streamlining of operations at many acquired companies.


Our core areas of expertise are:
- Real estate
- Food
- Banking
- Chemicals

Custodial services
In addition to our trading and corporate finance operations, we open custodial accounts to store securities of our clients.



Useful Links
PFTS
Ukrainian ADR Directory
Frankfurt Stock Exchange
Istock
State Statistics Committee
NBU
Sincome Capital Group.
Bessarabska square 2, Kiev, Ukraine
 © 2006 Sincome Capital Group.