More than 4 thousand companies have been founded by 14 Ukrainians over the past four years, according to the Unified State Register (USR). Each of these serial entrepreneurs accounts for more than 100 companies. The record holder among Ukraine’s serial entrepreneurs is opening 3-4 new companies a day in 2024. And the largest mass founder of companies is TAYKUN AP LLC – 532 companies.
4003 companies were created by 14 mass founders in Ukraine over the past four years. Opendatabot considers individuals and legal entities with 100+ companies to be mass founders. It is worth noting that one company may have more than one mass founder, and companies may change founders over time.
A record number of companies was created by Vitaliy Ilnytsky – 1399 businesses since the beginning of 2020. It is worth noting that this businessman confidently maintains his leadership this year. Since the beginning of the year, he has been opening about 3-4 companies a day: 507 companies in five months.
Serhiy Seko is in second place: according to the USR, he is the founder of 810 companies. Vitalii Tretyak rounds out the top three serial entrepreneurs: 436 companies over the past 4 years.
Almost half of the mass founders register companies in Kyiv – 1766 businesses or 44.1% of the total. Other popular regions among serial entrepreneurs are Lviv (8.4%), Kyiv (7.6%), Odesa (5.8%), and Dnipro (4.3%).
30.7% of companies created by mass founders are in the wholesale trade sector. Another 6% are in the field of land and pipeline transportation and 5.5% in the field of security services.
Serial entrepreneurs are not only people but also other companies. For example, 7 companies created another 2019 businesses in the same period. The leader among legal mass founders is TAYKUN AP LLC – 532 companies.
ALTON OBJECT LLC became another mass founder among legal entities – 332 companies. BUSINESS INNOVATION LLC is on the third place: 305 companies.
77% of these companies are established in Kyiv and Kyiv region.
Among these companies, the most popular areas are also wholesale trade (46.5%) and construction (7.5%).
Attorney Denys Popov notes that a large number of registered businesses owned by one person or company can be an alarming sign – it is worth checking the reputation and information about such a company before interacting.
“By law, any citizen or company can register an unlimited number of businesses. At the same time, this allows unscrupulous businesses to register companies for fictitious persons who will not be responsible for the company’s obligations in the future. Most often, this trend is found in businesses that are preparing for bankruptcy in advance or in one-day companies that do not aim to actually do business,” comments Denys Popov, attorney, insolvency officer, legal engineer at Opendatabot.
All links to companies and entrepreneurs: https://opendatabot.ua/analytics/mass-beneficiaries-2024
Germany is ready to quickly redirect proceeds from frozen Russian assets to help Ukraine, Reuters reports.
“If there is a legally possible mechanism that will allow us to better manage these financial flows from frozen assets in the future, we are definitely open,” the publication quotes its sources in the German Ministry of Finance as saying.
At the same time, Reuters reports that Germany insists that it is ready to confiscate only the income from Russian sovereign assets, not the assets themselves. According to the German Ministry of Finance, this approach will allow to comply with the fundamental principle of sovereign immunity of states.
It is reported that next week this issue will be discussed at a meeting of the G7 finance ministers in Italy, to which Ukraine has also been invited.
Zaporizhzhia-based Zaporizhstal Iron and Steel Works is blowing up blast furnace No. 2 after a short-term third-degree overhaul.
According to the company on Wednesday, the overhaul lasted around the clock for six days. BF-2 will be blown up until the end of this week. The plant allocated more than UAH 85 million to upgrade the blast furnace.
“The specialists of Zaporizhstal’s blast furnace shop and engineering service, together with the specialists of Metinvest-Promservice and Zaporozhogneupor, have fully completed the planned work on the second blast furnace upgrade. The overhaul was preceded by a thorough preparatory stage, which made it possible to reduce the repair time by a day,” said Roman Slobodianiuk, CEO of the enterprise.
In total, about 200 specialists from the plant and contractors worked at the site. The main works performed include replacement of the backfill machine, repair of the foundry equipment, hydraulic and lubrication systems, repair of metal structures and railways of the bunker overpass, as well as maintenance of the aspiration systems of the production unit.
The main goal of the BF-2 overhaul is to increase equipment reliability and sustainability of the blast furnace production process and improve product quality, the press release explains.
It is also reminded that during the full-scale war, Zaporizhstal allocated more than UAH 1.2 billion to upgrade production equipment and treatment facilities operating at the complex. The main focus was on maintaining and upgrading equipment to ensure its reliable operation in unforeseen conditions.
As reported earlier, in January-April 2024, Zaporizhstal increased its rolled steel output by 59.1% compared to the same period in 2023, up to 844.8 thousand tons from 530.9 thousand tons, steel by 56.1%, to 1 million 9.3 thousand tons, and pig iron by 46.5%, to 1 million 50.4 thousand tons.
“In 2023, Zaporizhstal increased its rolled products output by 57.2% compared to 2022, up to 2 million 54.7 thousand tons, steel by 65.4%, up to 2 million 466.9 thousand tons, and pig iron by 35.3%, up to 2 million 718.9 thousand tons.
“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
On May 20, 2024, the Embassy of the State of Israel in Ukraine held a diplomatic reception in Kyiv on the occasion of the 76th anniversary of the proclamation of the independence of the State of Israel.
Ambassador Extraordinary and Plenipotentiary of the State of Israel to Ukraine Michael Brodsky welcomed distinguished guests to the event, including representatives of diplomatic missions of foreign states accredited in Ukraine, Ukrainian politicians and statesmen, representatives of law enforcement agencies, businessmen, representatives of the Israeli community, and cultural figures.
The event began with the performance of the National Anthem of Israel and Ukraine by the men’s quintet of the Verevka Choir.
Ambassador of the State of Israel to Ukraine Michael Brodsky delivered a speech in Ukrainian in which he emphasized that this year the Israeli people celebrate their main national holiday in times of war.
“It is difficult for us to rejoice this year. One and a half thousand Israelis were brutally murdered on October 7, and more than 130 of our fellow citizens are still in the hands of terrorists.
This year we are especially acutely aware of the high price we have to pay for our independence. We are paying for it with the blood of our children and our loved ones,” said the Ambassador.
In his speech, the Ambassador also emphasized that in difficult times of trial, both nations demonstrate understanding and amazing support for each other.
“There are few countries in the world that understand each other better than Israel and Ukraine. On February 24, 2022, from the first day of Russian aggression, the people of Israel supported Ukraine. On October 7, the people of Ukraine unequivocally supported Israel. We feel this support and highly appreciate it. I am confident that in spite of everything, we will cope with our problems. That despite wars and terror, our countries will remain free and independent,” – the Ambassador added.
On behalf of the Ukrainian government, Mykhailo Podolyak, Advisor to the Head of the Office of the President of Ukraine, expressed congratulations on the occasion.
During the reception, a photo exhibition “Design Duty” was held, featuring designers from Israel and around the world.
Forecast of dynamics of changes in ukrainian GDP in % for 2022-2025 in relation to previous period
Source: Open4Business.com.ua and experts.news
