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Ukraine confiscates factories of Russian oligarchs

Photo: Office of the Prosecutor General

Corporate rights in Ukrainian part companies that are part of the Poliplastik group are collected as state revenue.

The High Anti-Corruption Court (HACC) has upheld the Ministry of Justice’s claim for the recovery of state assets of Russian oligarch Miron Gorilovsky and his business partners Valentin Buyanovsky and Andrei Menshov. This was reported yesterday by the press service of the ministry.

It is indicated that Gorilovsky, Buyanovsky and Menshov are the founders, controllers and top managers of the Russian group of companies Poliplastik. It is an industrial conglomerate specializing in the production of high-tech polymer pipes and composite polymer materials. Its owners took actions aimed at supporting the aggressive policy of the Russian Federation.

By the decision of VAKS on September 20, corporate rights to companies that are part of the Ukrainian part of the Polyplastic group were recovered from the state:

  • 93% share of the authorized capital of LLC Trading House Eurotrubplast;

  • 93% share in the authorized capital of Kalushsky Pipe Plant LLC;

  • 93% share in the authorized capital of Rubezhansky Pipe Plant LLC;

  • 100% share in the authorized capital of Polimerteplo-Ukraine LLC;

  • 10% share in the authorized capital of Ukrainian Polymer Group LLC;

  • 51% share in the authorized capital of Kordflex LLC.

The decision has not yet entered into force and may be appealed within five days from the date of the proclamation.

The Polyplastic Group is a transnational conglomerate, one of the largest in the chemical industry in Europe. Miron Gorilovsky is the Chairman of the Board of Directors of Polyplastic Group LLC. He said his factories produce half of all plastic pipes in Russia.

Earlier in Ukraine, the plant of an oligarch from Russia was sold for the first time. Then we talk about the PentoPak business, which was once owned by the Russian-Greek oligarch Ivan Savvida.


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Source: korrespondent

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