The Antimonopoly Committee of Ukraine (AMCU) has authorized Credit Agricole Bank to acquire control over Bank “Lviv.”
The committee adopted the decision at a meeting on Thursday following its review of the bank’s application dated May 13, 2026.
The AMCU also authorized Credit Agricole Bank and six shareholders of Bank Lviv—who collectively own 99.972126% of its shares—to fulfill the non-solicitation, non-hiring, and non-competition provisions set forth in the purchase and sale agreement.
As previously reported, in March 2026, Credit Agricole Bank signed an agreement to acquire up to 100% of the share capital of Bank Lviv. The transaction amount was not disclosed. Its completion also depends on obtaining approval from the National Bank of Ukraine.
Credit Agricole Bank plans to leverage Bank Lviv’s regional expertise to develop the small and medium-sized business segment, with a focus on the agricultural sector throughout Ukraine.
Combining their assets would enable Credit Agricole to enter the top ten banks in Ukraine, displacing OTP Bank from that ranking.
Credit Agricole Bank was founded in 1993. Its sole shareholder is Credit Agricole S.A. (France).
According to the National Bank, as of May 1, 2026, the bank ranked 11th (UAH 135.98 billion) in terms of total assets among Ukraine’s 58 solvent banks.
As of January 1 of this year, according to information on the National Bank’s website, the largest shareholder of Bank Lviv was responsAbility Participations—41.151580%—in which, notably, KfW Bankengruppe (Germany) holds 19.23%, Raiffeisen Schweiz Genossenschaft—14.4%, PKE-CPE Vorsorgestiftung Energie – 14.81%, Pensionskasse der F. Hoffmann-La Roche AG – 10.31%, Previs Vorsorge – 7.20%, and Providentia AG – 5.76% (all five based in Switzerland).
In addition, through a series of entities, Icelandic citizen Margheir Petursson was a major shareholder—holding 27.937421%—as was the Dutch state investment fund DGGF, which invested EUR 4.5 million in the bank’s capital in the summer of 2024—holding 20.492129%, and another 10.390996% was held by NEFCO (Nordic Environment Finance Corporation).
As of May 1, 2026, Bank Lviv ranked 24th in terms of total assets—18.89 billion UAH.
The Novus supermarket chain has received permission from the Antimonopoly Committee of Ukraine (AMCU) to lease assets from the Eurotek Group, which recently announced the closure of its supermarket chains, and plans to open its first stores in Lviv and Ivano-Frankivsk in their place, the grocery retailer’s press service told the “Interfax-Ukraine” news agency.
It is specified that at a meeting on Thursday, the AMCU granted Novus Ukraine LLC permission to lease three assets from JSC “ZNVKIF Eurotek Invest,” which has closed its grocery chains.
For Novus, this marks its first entry into the Lviv and Ivano-Frankivsk markets, as well as a new stage in the chain’s expansion across Ukraine’s western regions. In Lviv, Novus plans to open stores in August (147 Zelena St. and 60 Chervonoyi Kaliny Ave.), and in Ivano-Frankivsk in September (2 Mykolaychuk St.).
“The western region, particularly Lviv and Ivano-Frankivsk, is a strategically important area for us. Today, Lviv is one of the country’s key consumer hubs and most competitive markets, while Ivano-Frankivsk is experiencing rapid growth and high demand for quality retail. We want residents of both cities to get to know Novus not just as a new supermarket, but as a place for a comfortable shopping experience that combines European-style service, a wide product range, and a modern customer experience,” the company notes.
To maximize convenience and speed of service, the checkout areas in the new stores have been optimized to match the scale of the facilities. For example, the supermarket at 147 Zelena St. (total area: over 3,000 sq. m; retail area: 1,761 sq. m) will feature six linear checkout lanes, eight self-checkout stations (SCS), and one information desk with two workstations. At the store at 60 Chervonoyi Kaliny Ave. (total area: 2,376 square meters; sales area: 1,500 square meters), five regular checkout lanes, eight self-checkout stations, and one information counter—which also combines two checkout stations—will ensure quick checkout.
In Ivano-Frankivsk, at 2 Mykolaychuk St. (total area: 3,106 sq. m, retail area – 1,971 sq. m), service speed will be ensured by eight linear checkout lanes, one information counter (with two workstations), and eight self-service checkout stations, which have been divided by payment type for convenience: two for cash payments and six for non-cash payments.
As previously reported, the Eurotek Group of Companies closed its grocery chains “Fresh,” “Arsen,” “Soyuz,” and “Kvartal.” Specifically, the “Arsen” chain operated in Lviv, Ivano-Frankivsk, and Rivne regions, with a total of eight supermarkets. In May, the Antimonopoly Committee of Ukraine (AMCU) authorized Silpo-Food LLC—which operates the Silpo chain and is part of the Fozzy Group—to acquire five of these stores; opening dates have not yet been announced.
Novus is a supermarket chain with 100% Lithuanian capital that has been operating since 2008 and is developed by BT Invest (Lithuania). As of the end of June 2026, the company has 173 locations and is represented in Kyiv, the Kyiv region, and a number of other regions of Ukraine. The founder and beneficial owner of the group is Lithuanian entrepreneur Raimondas Tumenas. The company operates a supermarket chain as well as “neighborhood” stores under the Mi Market brand.
As of the end of 2025, the chain ranks among Ukraine’s largest food retailers. Its annual revenue totaled 34.69 billion UAH, an increase of 19.55% compared to 2024.
The Antimonopoly Committee of Ukraine (AMCU) has granted approval to Olimp LLC to acquire control over the assets of ADM Ukraine LLC in the form of a single property complex (grain elevator), the agency announced on Facebook.
According to the regulator, the facility in question provides grain storage services.
According to market participants, the subject of the deal is the “Kam’yansky” grain elevator in the Cherkasy region. The facility has a storage capacity of 64,000 tons in metal silos and floor storage facilities.
Once the deal is finalized, ADM Ukraine will effectively have no remaining grain storage assets in Ukraine. The company previously lost control of the “Tavriysky” elevator due to Russia’s military aggression.
Archer Daniels Midland (ADM) is an American agribusiness corporation headquartered in Chicago, operating in 200 countries. The company specializes in the production of food ingredients, animal feed, and biofuels, as well as in the processing, storage, and logistics of agricultural products. Its product portfolio includes grains, oilseeds, flour, starches, vegetable fats, and logistics services through its ADM Logistics division. In Ukraine, the corporation is represented by ADM Ukraine LLC.
OLIMP LLC is a Ukrainian agribusiness company with a land bank of 36,000 hectares in the Zhytomyr, Kirovohrad, and Cherkasy regions. It specializes in crop production (corn, wheat, soybeans, sunflowers), livestock farming, processing, and trading. Its asset portfolio includes six processing facilities (mills, bakeries, canning plants), the “Olimp” and “Olimp-Agro” grain elevators, as well as the Kamyansky Machine-Building Plant. According to data from the YouControl analytical system, the company’s beneficial owners are Volodymyr Hetsko and Yuriy Moskalyk.
The Antimonopoly Committee of Ukraine (AMCU) fined “BAUM PHARM GMBH Representative Office” LLC (Lviv) 630,000 UAH for failing to provide information as requested by the state-authorized committee.
According to the AMCU, the relevant decision was adopted on April 16.
According to the decision, the company failed to submit the information requested by the deputy head of the AMCU within the deadline set by him.
As previously reported, in December 2025, the AMCU fined the distributor of dietary supplements, Baum Pharm GmbH Representative Office LLC, and their manufacturers—Zdravofarm LLC and Pharmakom LLC — for a total of 40 million UAH for providing false information about the properties of the dietary supplements “Antidot Gel,” “Lyzobam,” and “Fosfalimin.”
BAUM PHARM GMBH Representative Office LLC is a Ukrainian pharmaceutical company specializing in the distribution and marketing of dietary supplements, vitamin complexes, and herbal remedies.
The Amber Dragon Ukraine Infrastructure Fund I SCSp (Luxembourg) may acquire the Cypriot company Banoran Holdings Limited, which owns several Ukrainian companies involved in the Power One distributed energy project. According to information from the Antimonopoly Committee of Ukraine on its website, it granted the fund the relevant approval on Thursday, March 26.
Amber Dragon Ukraine Infrastructure Fund I, managed by Dragon Capital and Amber Fund Management Limited, announced its first project in Ukraine, Power One, at the Ukraine Recovery Conference in Rome in July 2025 (URC2025).
Later, Power One signed a loan agreement with the European Bank for Reconstruction and Development (EBRD) for €22.3 million to build 68 MW of decentralized generation capacity in Zakarpattia Oblast. This initiative also received €3 million in grant funding from the EBRD Crisis Response Special Fund, which is supported by the Norwegian government.
The project involves the installation of three gas piston units (36.8 GVA) and three energy storage systems (31.5 GVA) across six sites. Projects at three sites were scheduled to launch in November 2025, and at the other three in April 2026.
According to information from YouControl, Banoran Holdings currently owns four LLCs: “Power 1,” “Power 1 Center,” “Power 1 Lviv” (all three in Kyiv), and “Power Forest” (Zhytomyr).
In turn, Banoran Holdings is owned by the family trust of Tomas Fiala, the founder and chairman of the investment company Dragon Capital.
The AMCU’s issuance of a permit to Amber Dragon Ukraine Infrastructure Fund I is a step toward fulfilling prior agreements to transfer the project to this fund.
Additionally, it was reported that Power One’s operating partner is the company “Nedzhen,” owned by former head of NPC “Ukrenergo” Volodymyr Kudrytskyi and his colleague Andriy Nemirovskyi.
Amber Dragon Ukraine Infrastructure Fund I has a target volume of 350 million euros. In January of this year, the fund announced its first closing of €200 million, in which the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC) of the World Bank Group, Swedfund, and Impact Fund Denmark participated.
Yevgen Baranov, Managing Director and Head of Infrastructure at Dragon Capital, announced at URC2025 in Rome in July 2025 that over the past year, Dragon Capital and Amber have built a robust portfolio of projects capable of absorbing even more capital than the fund plans to raise.
The fund’s presentation at URC2025 noted that its strategy involves investing in controlling stakes or co-investing with like-minded partners, with an average investment size ranging from €20 million to €50 million.
In December, Baranov clarified that the focus is primarily on energy projects, but also on transportation and digital infrastructure, as the war has created “huge shortages.”
“When we talk about projects ranging from €30 million to €50–70 million, that is the range where we feel most comfortable. And starting in January or February of next year, we will begin investing more actively,” Baranov said late last year.
Dragon Capital is one of Ukraine’s largest investment groups in the field of investment and financial services, providing a full range of investment banking and brokerage services, direct investments, and asset management for institutional, corporate, and private clients. The company was founded in 2000 in Kyiv. According to Fiala, the group’s investment portfolio includes nearly 50 different companies or real estate projects. From 2015 to 2021, the company invested approximately $700 million in Ukraine, excluding reinvestments; in 2025, it invested nearly $100 million and plans to exceed this figure in 2026.
The Antimonopoly Committee of Ukraine (AMCU) has granted permission to Maxim Krippa’s ARS Capital JSC to acquire control over Igor Nikonov’s Graal LLC, which planned to build an office and hotel complex on Khreshchatyk.
The committee made the decision on February 12, according to its website.
As reported to the Interfax-Ukraine agency by Nikonov’s company KAN Development, the developer is withdrawing from the project.
“Yes, we are withdrawing from the project. The details of the agreement are confidential,” the developer’s press service said.
According to YouControl, the ultimate beneficiary of JSC ZNVKIF “ARS Capital” is the owner of the “Parus” business center, the ‘Ukraine’ hotel, the “International Exhibition Center” in Kyiv, as well as the NAVI esports team, Maxim Krippa. As of February 12, ARS Capital has a 24% stake in Graal LLC.
The owners of Graal LLC are listed as Branko, ARS Capital (24% each), Tennessee (20.75%), Niagara (12.5%), and Terra-Lux LLC (18.75%). The ultimate beneficiary is Igor Nikonov, owner of the development company KAN Development.
As reported, in 2024, the State Architecture and Construction Inspectorate (DIAH) granted Graal LLC permission to build the Stolichny complex in Kyiv on land plots at 5, 5 “B,” and 7/9 Khreshchatyk Street and 4-B Hrushevsky Street in the Pecherskyi district.
According to information on the portal of the Unified State Electronic System in the field of construction, urban planning conditions and restrictions for the project were issued on February 15, 2022, and the permissible height of buildings was set at 34 m. According to the project data, the total area of the 10-story building will be 38.8 thousand square meters, of which the area of apartments (219 units) will be 21.6 thousand square meters, offices – 1.8 thousand square meters, commercial premises – 2.1 thousand square meters, fitness center – 1,200 square meters, underground parking (146 parking spaces) – 4,500 square meters.
Earlier, in 2007, the Kyiv City Council sold 20 acres of land at 5 Khreshchatyk Street to Graal, a company controlled at the time by businessman Mikhail Tabachnik, for UAH 8.7 million. Graal planned to begin construction of the Stolichny complex in 2010. At that time, the project envisaged a 160-meter hotel complex and a four-level underground shopping and entertainment center with parking under European Square. The project was estimated at EUR 400 million.
