Media Outlet Rayon.in.ua Date of first publication 15/08/2023 Date of Latest Change 15/08/2023

5. Requirements on Owners’ Identity

The identity of owners shall be disclosed: including direct owners, indirect or beneficial owners, shareholders, indirect or beneficial shareholders. Information on any type of influence and/or conflict of interest should be provided and monitored internally. The information shall be updated on an annual basis and easy to access, preferably online. If the Outlet has no website, the information should be published or communicated clearly in all its publications or transmissions.

5.1. Names of Owners and Board Members

The names of direct, indirect, controlling or beneficial owners shall be disclosed. If any of these is also the beneficial owner of another company, the name and main activities of that company shall be clearly stated. The business sectors in which these other companies are operating shall also be indicated. The names of the members of supervisory structures, like the board, shall also be disclosed. If any of these persons is an active member of a political party or movement, holder of an elected office, or a candidate to a political election, the name of that party or movement shall be clearly stated.

What are the names of all direct, indirect or beneficial owners?

Roman Korsak (100 per cent ownership)

Are the names of the owners in the previous question available online?

Yes

What is the URL that contains the names of the owners, or, if not available online, please indicate where that information can be obtained?

https://volwestgroup.com/uk/pro-nas/#tab3

What are the names of the members of supervisory boards?

There's no supervisory board.

Are the names of the members of the supervisory board members in the previous question available online?

No

Are the listed owners also founders or owners of other companies?

Yes

State here the names and main activities of those companies.

Roman Korsak is the owner of the Volwest Group, which acts as a parent company for multiple businesses. These businesses are:
SPAR - grocery stores
Nash Kray - grocery store franchise
Adrenalin City - active recreation centre
Dykiy Karas - adventure travel
CID Media Group - mass media
Radio "CID FM" - radio station and podcast studio
Volyn Tabloid - news website
Sim'ya I Dim - news website
PribaltService - auto service station
Techno Modul Ultra - sale, assembly and maintenance of heating, cooling, ventilating and gastronomical equipment and LED-lighting of commercial and industrial sites
Art-Haus - advertising and souvenir printing and manufacturing
West Development Group - commercial real estate development, management and brokerage
Stop-Kadr - cafe
Slovogray - active leisure and entertainment facility
Desyat Deruniv - sports bar
Practical Management Business Academy - business education
Computer Academy "Step" - IT education (Lutsk branch)
Demydiv Product - canning plant
Shatsk Milk Plant - milk product production
The Korsaks' Museum of Modern Ukrainian Art - art museum

What are the business sectors for the companies listed in the previous question?

Retail, entertainment, media, auto services, manufacturing, business education, a cafe, a bar, and an art museum.

Are any of the owners active members of a political party or movement or candidates in a political election or current office holders?

No

5.2. Contact Details of Direct and Indirect Owners

The contact details of direct and indirect owners shall be disclosed, preferably online, along with the contact details of the members of the board of directors.

What is the contact information for all direct and indirect owners?

Roman Korsak
org@volw.lutsk.ua

Is the contact information in the previous question available online?

Yes

What is the URL with the contact information from the previous question?

https://volwestgroup.com/uk/art/

What is the contact information for the members of the board of directors?

There is no board of directors.

Is the contact information in the previous question available online?

No

5.3. Names of Shareholders

The names of direct and beneficial majority or controlling shareholders shall be disclosed. If the shareholder is a company, the name and main activities of that company shall be clearly stated. The business sector in which this company is operating shall also be indicated.

What are the names of the direct, majority or controlling shareholders? (If shareholders are companies, list the main activity and business sector of that company along with the name.)

There are no shareholders. Roman Korsak is a full owner of the company.

5.5. Exception for Member-owned Media Outlets

The names and contact information for all owners is not required to be disclosed, but it is required for the leadership, e. g. the Board of Directors according to clauses 5.1 and 5.2.

Is the Media Outlet member-owned?

No
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