Igor Kushnir, the president of Kyivmiskstroy, left the buyers and investors of apartments in anticipation, suspending construction due to lack of funds and resources. At the same time, the cottages of his family and partners in Koncha-Zaspa are successfully developing.
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This is stated in the Bigus.Info investigation.
Kyivmiskstroy is one of the largest, and most importantly, 80% of the municipal construction companies in the country. The head of the construction giant Kushnir, after taking office, essentially appropriated this utility business, reporters say.
Contracts worth billions to a limited number of companies, which “Kyivmiskstroy” then begged the state for the same construction sites. In 2019, the company had a profit of 35 million, and in 2022 – minus 36 million. There are many other reasons for this, besides the war. Investigators found the reasons in Kushnir himself, his family and entourage.
He has been the president of Kievmiskstroy for 11 years. Now “Kyivmiskstroy” is a stopped construction and investors who are still waiting for the keys to their apartments, and the president, whose family … successfully builds cottages in Kozin and has a construction business abroad.
Profit from is withdrawn to companies affiliated with the management, as well as with Vadim Stolar.
The media previously wrote that Kushnir got into a leadership position thanks to Sergei Levochkin even under Yanukovych.
In April it became known. that “Kievmiskstroy” cannot resume housing construction and asks for 1 billion from the budget of Kyiv.
Among the reasons, the president of “Kyivmiskstroy” Kushnir named the rise in price of building materials, the lack of qualified personnel and the almost complete absence of sales and payments from buyers in installments.
To resume construction at a “normal pace”, the company plans to sell real estate to Kyiv for UAH 300 million. and receive an additional 1 billion hryvnia from the city budget for additional capitalization.
Kyivmiskstroy also urges buyers to resume payments under installment programs, the debt under such agreements is about UAH 326 million.
After a year of full-scale invasion, the company ran out of reserves, and the lack of sales and non-payment of “installments” finished off the company’s financial condition.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.