Business news from Ukraine

Business news from Ukraine

Andriy Verevsky’s company has bought Richert brewery in Podil

25 April , 2025  

Kyiv’s K41 Community Fund announced that the investor has bought the building of the former Richert brewery in the Podil district of the capital and canceled the project to build the Richert & Park residential complex on this territory.

“From now on, A Development is leaving the territory of Yurkovytsia, and this site is protected from residential development. We have found investments that allowed us to buy the building of the Richert plant and also to lease the land around the brewery with a lake for a long-term lease,” the K41 Community Fund project said on its Instagram page.

According to him, a park with a lake and public spaces are planned to be opened on this territory.
Earlier, in November 2024, A Development reported on a change in the concept of the renovation project “Richert & Park”, namely, a reduction in the building area by 40 thousand square meters and the creation of a 5.85-hectare park with a cultural center. The customer of the construction was Keramoblocks-Invest LLC.

However, the Antimonopoly Committee of Ukraine later approved the acquisition of Keriks Development LLC by AMC Progressive Investment Strategies, which was the tenant of the land plots where the renovation project was planned.

According to Opendatabot, the owner of AMC Progressive Investment Strategies is the CEO of the Kernel agricultural holding, Andriy Verevsky. As of April 24, 2025, Verevsky is also listed as a beneficiary of Kerix Development. The previous beneficiary, Oleksiy Baranov, who owns A Development, was removed from the register on February 4.

In addition, in February, the owner of Keramobloki-Invest also changed: the current owner is Kernel-Trade LLC owned by Verevsky, and Baranov was removed from the founders of JSC ZNVKIF Laram System.