Business news from Ukraine

Business news from Ukraine

Adnan Kivan, founder of Kadorr Group and owner of Kyiv Post, has died

28 October , 2024  

Adnan Kiwan, founder of the investment and construction company Kadorr Group (Odesa) and owner of Kyiv Post, has died at the age of 62.

“Today, on October 28, 2024, the founder of the Kadorr Group Corporation, Adnan Kiwan, the largest Arab investor in Ukraine, known for successful business projects, social initiatives, as well as charity and philanthropy, passed away (…) Our sincere condolences to his wife, children and grandchildren,” the Kadorr Group press service posted on Facebook on Monday.

Kivan, a businessman of Syrian origin and former deputy of the Odesa City Council, founded Kadorr Group in 2010. Its assets include more than 5 million square meters of commissioned real estate, including 55 residential complexes, 90 cottages, a five-star hotel, a network of sports and spa complexes, six business centers, five shopping malls and other commercial premises worth more than $800 million.

The group also includes Kadorr Agro, an agricultural business. Investments in the industry amount to over $400 million.

In addition, Kivan has been the owner of the English-language media outlet Kyiv Post since 2018.

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