[1] The manager and alleged owner of the company is Yukhym Zvyahilsky, influential businessman and politician within the Party of Regions.
In 1992, Zasyadko Mine was turned into a "rented enterprise" (practically privatised by the employees) together with several auxiliary industries.
[3] Yukhym Zvyahilsky, the then-manager of the mine and influential local businessman, retained his post and gained informal control of the new company's assets.
[4][5] Mr. Zvyahilsky has been the acting Prime Minister of Ukraine for a short time in early 1990s and a member of the Verkhovna Rada (parliament) of all convocations.
[3] However, an independent mining expert recently claimed that the company is interfering with its hazard-measuring equipment on a regular basis, in order to present underground situation as being within the safety standards, and so to prevent closure by the government inspectors.