The Antimonopoly Committee of Ukraine (AMCU) announced that it had uncovered a long-standing cartel conspiracy in the capital’s household waste collection services market, as well as the manipulation of the results of a 2021 tender for the procurement of these services, and decided to fine the municipal enterprise (ME) “Kyivkomunservice” and eight other companies a total of 313.3 million UAH.
According to the AMCU, “Kyivkomunservice,” Altfater Kyiv LLC, “Volodar–Roz” LLC, “Kyivspetstrans” PJSC, “Kramar Recycling” LLC, “Celtic” LLC, and “Spetskommuntechnika” LLC divided the market among themselves as part of a cartel agreement, thereby restricting other companies’ access to it.
For this, on July 31, the Committee’s board fined them a total of over 175.8 million UAH and ordered them to cease the aforementioned violations.
In another decision on the same day, the Board imposed a fine on the same municipal enterprise and four other companies from the previous list (Altfater Kyiv LLC, Volodar–Roz Firm LLC, “Celtic” LLC and “Spetskommuntechnika” LLC), as well as “Profpererobka” LLC and “Kramar Eco” LLC, for 137.5 million UAH for distorting the results of a 2021 tender—held pursuant to an order from the Kyiv City State Administration—to select a contractor for household waste collection services.
“It has been proven that the participants did not compete with one another for the right to perform the contract but had agreed in advance on the division of roles, resulting in the victory of one of them and the safeguarding of the economic interests of the others,” the AMCU stated in a press release on its website. According to the committee, proceedings in both cases began in June 2025.
In 2025, the municipal enterprise “Kyivkomunservice” increased its revenue by 4% to 875.3 million UAH, while its net profit decreased by 18.5% to 48.7 million UAH.
The Antimonopoly Committee of Ukraine (AMCU) has approved the acquisition by Omega LLC—which operates the Varus supermarket chain—of Ariteil LLC, the “KOLO” grocery store chain owned by Gennadiy Butkevych, a co-owner of the ATB Corporation.
The approval was granted on Thursday, July 16, according to the agency’s website.
“This deal will be one of the largest in the Ukrainian retail market in 2026. The merger will significantly strengthen the company’s position in the convenience retail segment. The combination of Varus’s extensive expertise and KOLO’s many years of experience in the ‘neighborhood store’ format will create a solid foundation for further business expansion,” reads a statement from Varus on Facebook.
According to information on the KOLO website, the chain currently operates more than 250 stores in Kyiv, the Kyiv region, and Odesa. The first “KOLO” store opened in Kyiv in 2017.
According to the YouControl analytical system, the owner of Ariteil LLC is JSC “ZNVKIF ‘Magnitar’,” with Hennadiy Butkevych listed as the ultimate beneficiary.
In 2025, Ariteil LLC’s revenue grew by 23% compared to the previous year, reaching 3.2 billion UAH. The net loss increased to 124.9 million UAH. At the end of the year, the company’s total assets amounted to 1.1 billion UAH.
Varus is a national supermarket chain represented in Ukraine’s grocery retail market by the company “Omega.” The first store opened in 2003 in Dnipro. Currently, there are 119 supermarkets in various cities across Ukraine.
The chain operates in several formats: traditional supermarkets, To Go stores, and the Varus.ua online store.
Omega LLC is owned by the Cypriot company “Vegant Enterprises Limited,” with Valery Kiptik and Ruslan Shostak as the ultimate beneficiaries.
As of the end of 2025, Omega LLC increased its revenue by 20% compared to the previous year, to 24 billion UAH, while net profit rose by 37.8%, to 41.4 million UAH.
The Antimonopoly Committee of Ukraine has granted permission to AB Diamant Ukraine LLC, whose ultimate beneficial owner is Chinese citizen Cai Yi, to acquire control over more than 50% of Power Energy Katyuzhanka LLC.
“AB Diamant Ukraine LLC has been granted permission to acquire control over Power Energy Katyuzhanka LLC through the direct purchase of shares in the authorized capital, which ensures a majority of more than 50% of the votes in the company’s highest governing body,” – states the AMCU’s decision dated July 9, 2026.
Power Energy Katyuzhanka LLC was founded on September 20, 2023, with a registered capital of 8.746 million UAH. The company’s primary activity is the production of electricity.
The ultimate beneficial owner of Power Energy Katyuzhanka LLC, holding a 100% stake, is Roman Petruchenko—co-founder of SPP Development Ukraine, a Ukrainian group of companies in the renewable energy sector.
The Antimonopoly Committee of Ukraine (AMCU) approved PrJSC “Kyivstar”’s acquisition of control over LLC “GigaCloud”—the cloud provider GigaCloud.
The AMCU adopted the relevant decision on July 9, 2026.
GigaCloud is a cloud service provider founded in 2016 that specializes in providing relevant services to businesses. The company’s clients include the agricultural holding Kernel, Naftogaz, and others.
In late May, during the “Business Breakfast with Volodymyr Fedorin,” Kyivstar President and CEO Oleksandr Komarov declined to comment on a possible acquisition of GigaCloud but also noted the group’s interest in strengthening its position in the cloud business.
“This is one of our strategic priorities. It could happen organically, since we are a major Microsoft partner—we are currently building our own cloud. It could also happen inorganically if we identify attractive targets,” Komarov emphasized.
In June 2025, the mobile operator launched its own cloud service for Ukrainian users, Kyivstar Cloud, which is available to small, medium, and large businesses, as well as public sector organizations.
In the first quarter of 2026, Kyivstar increased its EBITDA by 28.5% to 7.5 billion UAH, while revenue grew by 31.3% to 13.9 billion UAH.
The agro-industrial holding Astarta is considering the sale of its agricultural enterprise, Chernihiv Eco Plus LLC, which cultivates approximately 4,000 hectares of land and has associated production infrastructure; the buyer is Ridne Group of Companies LLC, a company affiliated with the Ridne consortium “Ridne Group of Companies” LLC.
According to Astarta’s announcement on the Warsaw Stock Exchange, the decision to sell is in line with the company’s strategy to review its agricultural portfolio and is aimed at optimizing its land bank by focusing on regions with higher agronomic efficiency and yield potential.
On July 2, the potential buyer already received approval from the Antimonopoly Committee of Ukraine to acquire control over the asset.
At the same time, Astarta noted that obtaining such approval was a procedural step that allows the parties to continue assessing the feasibility of the deal. As of the end of last week, a final agreement on the sale of the asset had not been concluded.
“Astarta” is a vertically integrated agro-industrial holding company operating in seven regions of Ukraine and is the country’s largest sugar producer. The company’s portfolio includes five sugar refineries, agricultural enterprises with a land bank of 214,000 hectares (including 129,000 hectares in Poltava Oblast, 42,000 hectares in Khmelnytskyi Oblast, and 16,000 hectares in Vinnytsia Oblast), and dairy farms with 30,000 head of cattle. The holding company also operates a soybean processing plant and a bioenergy complex in the Poltava region, as well as a network of six grain elevators. Astarta’s shares are listed on the Warsaw Stock Exchange.
Astarta’s net profit for 2025 fell 4.2-fold to $19.94 million, while consolidated revenue decreased by 23% to $472 million.
The co-owners of “Ridne Group of Companies,” on an equal footing, are Oleksiy Khvorostiany and Serhiy Kovalchuk, the CEO and COO of the “Ridne” consortium, respectively.
According to information on its website, the “Ridne” consortium was established in 2022 following the start of the Russian invasion; it brings together 80 farms and 11 Ukrainian food producers: cereals, flour, canned meat, vegetables, and fish, pasta, sunflower oil, and dairy products, and also operates its own packaging center.
The consortium members listed include Ridne Food Factories LLC (Ivanki, Cherkasy Oblast), Grocery Products Factory LLC (TM “Zhmenka,” Skvyra, Kyiv Oblast), Central Fish LLC (Cherkasy), KLM Group LLC (Kyiv), Agroproduct LLC (Znam’yanka, Kirovohrad Oblast), “Conservatory” Canning Plant LLC (Kolomyia, Ivano-Frankivsk Oblast), the Bila Tserkva Agro-Industrial Group (Bila Tserkva, Poltava Oblast), “Fabrika Zdorovo” LLC (Chernihiv), “Azot Agro” JSC (Cherkasy), and “Nadiya” LLC (Zlatopil, Kharkiv Oblast).
AGRICULTURAL HOLDING, AMCU, asset, ASTARTA, Chernihiv Eco Plus, LAND BANK, Ridne
The Antimonopoly Committee of Ukraine (AMCU) may grant permission on Thursday to the Saudi company FAS Energy to acquire four solar power plants from the Ukrainian group of companies SPP Development Ukraine.
According to the committee’s materials, four applications from the commercial company “FAS Energy” regarding the acquisition of more than 50% of the shares in Borodianka Solar Power Plant LLC, “Myhalivska Solar Power Plant,” “Solar Power Plant No. 8,” and “Solar Power Plant No. 11,” which are owned by the Ukrainian group of companies SPP Development Ukraine.
“On granting permission to the commercial company ‘FAS Energy’ to acquire control over Borodianka Solar Power Plant LLC through the direct purchase of shares in the authorized capital, which ensures a majority of more than 50% of the votes in the company’s highest governing body,” – reads one of the four AMCU issues regarding FAS Energy brought up for consideration at Thursday’s meeting.
SPP Development Ukraine is a Ukrainian group of companies specializing in renewable energy and energy infrastructure. The company integrates services in development, engineering, construction, project management (EPC), and operations and maintenance (O&M).
The ultimate beneficial owners (founders) of SPP Development Ukraine LLC are Ukrainian entrepreneurs Roman and Nadiya Petruchenko.
AMCU, FAS Energy, RENEWABLE ENERGY, SOLAR POWER PLANTS', SPP Development Ukraine
