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Ukraine nationalises 6 companies controlled by Russian oligarchs

These are six Ukrainian companies that are part of the Polyplastik Group industrial conglomerate.

Ukraine nationalises 6 companies controlled by Russian oligarchs
Miron Gorilovsky
Photo: social networks

The High Anti-Corruption Court (HACC) has upheld the claim of the Ministry of Justice to transfer the assets of sanctioned Russian oligarchs, including Miron Gorilovsky, to Ukraine. This was reported by the SBU. 

These are six Ukrainian companies that are part of the Polyplastik Group industrial conglomerate, in which the Russian owned shares through controlled entities.

The Polyplastik Group is controlled by Russian oligarchs and is one of the largest producers of polymer pipes and composite polymeric materials in Europe.

According to the investigation, Gorilovsky's Russian companies supply their products to the needs of military bases, factories and occupation authorities of the aggressor country, in particular in the temporarily occupied Crimea.

The Russian monopolist's enterprises are also involved in the production of components for small arms of the Russian Armed Forces.

In this way, this Russian oligarch and his accomplices are financing Russia's war against Ukraine.

According to the materials of the proceedings, Gorilovsky owned Ukrainian ‘branches’ through third parties and offshore companies.

The court has now ruled to seize the corporate rights of these companies into the ownership of Ukraine to ensure their uninterrupted operation for the benefit of our country.

Within the framework of the criminal proceedings initiated by the SBU investigators, the investigation is ongoing to establish all the facts of the criminal activity of the beneficial owners of the Russian corporation.

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