The appointment of a new trustee for IDS Ukraine’s corporate rights should not directly affect the current operations of the group’s companies, said IDS Ukraine CEO Marko Tkachuk.
“The appointment of an administrator concerns only corporate rights and shares. It should not affect the day-to-day operational processes of the companies,” he said in an interview with Interfax-Ukraine.
According to Tkachuk, the company expects to continue operating as usual under the leadership of the current management team.
IDS Ukraine’s corporate rights have been frozen since 2022. According to the company, dividend payments to all shareholders have been blocked, and foreign exchange transactions are subject to bank compliance checks. During the period of full-scale war, the group, according to its management, paid more than 4.5 billion UAH in taxes and donated approximately 730 million UAH to charity.
ARMA, for its part, is continuing the process of selecting a new asset manager. On September 7, 2026, an electronic auction was held, in which five bidders participated. The next step is to review and evaluate the proposal from the bidder offering the lowest service fee. Once the winner is determined, ARMA intends to enter into a management agreement.
ARMA links the seized assets of IDS Ukraine to sanctioned Russian businessman Mikhail Fridman. The agency states that the new manager’s task should be to preserve the economic value of the enterprises, jobs, and revenues to the state budget.
The IDS Ukraine group includes water producers under the “Morshynska,” “Mirgorodska,” and “Alaska” brands.