September 21, 2024
Ukraine confiscated factories for the production of plastic pipes from a Russian oligarch thumbnail
Economy

Ukraine confiscated factories for the production of plastic pipes from a Russian oligarch

The higher anti-corruption court upheld the Ministry of Justice’s claim for confiscation of the assets of Russian oligarch Myron Gorilovskyi and his business partners Valentin Buyanovskyi and Andriy Menshov. ”, — write: www.epravda.com.ua

The higher anti-corruption court upheld the Ministry of Justice’s claim for confiscation of the assets of Russian oligarch Myron Gorilovskyi and his business partners Valentin Buyanovskyi and Andriy Menshov.

About this reported press service of the ministry, writes LIGA.net.

Gorilovsky, Buyanovsky and Menshov are the founders, controllers and top managers of the Russian group of companies “Polyplastik”. It is a large industrial conglomerate that specializes in the production of high-tech polymer pipes and composite polymer materials.

The Ukrainian Ministry of Justice claims that the defendants in the lawsuit, through controlled companies, committed actions aimed at supporting the aggressive policy of the aggressor country.

By the decision of the State Administrative Court dated September 20, 2024, the assets, according to which the sanctioned persons exercise indirect control, were charged to the state revenue, namely the corporate rights of the companies that were part of the Ukrainian part of the “Polyplastik Group”:

  • 93% of the share of the authorized capital of “Trading House “Evrotrubplast” LLC;
  • 93% of the share in the authorized capital of LLC “Kalusky Pipe Plant”;
  • 93% share in the authorized capital of “Rubizhansky Pipe Plant” LLC;
  • 100% share in the authorized capital of Polimerteplo-Ukraine LLC;
  • 10% share in the authorized capital of LLC “Ukrainian Polymer Group”;
  • 51% share in the authorized capital of “Cordflex” LLC.

The decision has not yet entered into force and can be appealed within five days from the day of its announcement.

As reported, the Russian group “Polyplastik” supplied pipes for the construction of the Kerch bridge for the installation of breakwaters and the construction of the Nizhyn water intake in the east of Crimea, to ensure water supply to the cities of Feodosia, Kerch and Leninsky District through the North Crimean Canal.

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