In the State holding company «Titan of Ukraine» a vacancy CEO who previously (from 2010 to the present time — before his dismissal) held Alexander I. Nechaev. The reason for this staffing solutions — recently took place in the, A. AR Crimea elections, the results of which the former head of the MCC was elected in one of the districts of autonomy. Temporarily perform the duties of the general director of «Titan» will be Eugene Lapin, previously held the post of first deputy head of the organization, and even earlier — led the PSC «Sumykhimprom».

Recall that now MCC assets «Titan of Ukraine» at the disposal of the State Property Fund (that is to eliminate the holding company previously selling state shares of PJSC «Sumykhimprom» and PJSC «Crimean Titan», included in it).

Officially, the starting point of the history of the State holding company «Titan of Ukraine» can be considered in February 2009, when the Cabinet of Ministers issued a decree on its establishment. Then the state blocks of shares «Zaporozhye State Titanium-Magnesium Plant» («ZTMC») were transferred to the statutory fund created Company, JSC «Sumykhimprom» and SJSC «Titan» (which owned the controlling interest «Crimean Titan»). However, in December 2010 a ban on the disposal of property MCC was canceled, and after another year and a half the Cabinet formally approved the decision to disband.