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[1] and meal produced in Ukraine and Russia; the largest supplier of bottled sunflower oil to the Ukrainian market;[2] 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.
[3] The delisting was described as a cynical move to push out minority shareholders which could undermine foreign funding for the postwar reconstruction of Ukraine.
[citation needed] In April 2016 the Ukrainian magazine Focus estimated his wealth at $642 million.
[7] The Higher Administrative Court of Ukraine stripped Verevskyi of his seat in parliament on 5 March 2013 because he simultaneously was parliamentary deputy and headed a commercial entity.