Business news from Ukraine

Business news from Ukraine

Oschadbank reports raid on TOK Gulliver parking lot

19 December , 2025  

The state-owned Oschadbank has reported the seizure of technical premises in the parking lot of the Gulliver shopping and office complex (TOK) in Kyiv, calling the incident a raid.

According to the bank’s statement, on December 17, a group of men broke into the TOK Gulliver parking lot, seized the technical premises, and barricaded themselves inside. “The group of fighters was accompanied by people who introduced themselves as lawyers and managers of Avtopark Center LLC, a legal entity associated with sanctioned citizen V.S. Polischuk,” the statement said.

Oschadbank notes that prior to the transfer of ownership of the complex to the consortium of Oschadbank and Ukreximbank on July 26, 2025, the debtor entered into a long-term parking lease agreement with Avtopark Center LLC. According to the bank, the debtor thus attempted to retain control over part of the building, but the lease agreement was terminated due to mortgage legislation, and “this legal entity has no rights to the premises.”

To justify their actions, the participants in the seizure referred to the ruling of the Commercial Court of Kyiv dated December 16, 2025 (judge Spichak O.M.), the bank reported. At the same time, Oschadbank emphasizes that the seizure “was not and could not be” the execution of a court decision: no enforcement proceedings were opened, and the state executor did not present any enforcement documents to the management of state banks.

The consortium of state-owned banks also stated that it does not consider the aforementioned court ruling to be justified, which, according to the banks’ assessment, restricts the rights of owners “in favor of a person subject to sanctions,” and intends to appeal this decision. “All persons involved and organizers of this action will be held personally liable for illegal actions and damages caused,” the statement said.

The banks added that the parking lot was being prepared for full-scale operation amid the gradual launch of TOK Gulliver after its temporary closure due to the threat of an emergency, and the proceeds from its operation were planned to be used to finance the economy and the defense industry.

Oschadbank and Ukreximbank are state-owned banks of Ukraine with a 100% state share. TOK Gulliver is located in the center of Kyiv (1-A Sportivna Square).

According to public reports, on July 26, 2025, ownership of TOK Gulliver was registered to a consortium of state-owned banks (Oschadbank – 80%, Ukreximbank – 20%) as collateral for the debtor’s credit obligations.

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