Business news from Ukraine

Knauf to buy plot of land in Kyiv

The Kyiv City Council has decided to sell a 0.33-hectare land plot at 8 Harmatna Street in the Solomianskyi district of the capital to Knauf Gypsum Kyiv LLC for the operation and maintenance of the company’s transport shop.

The corresponding draft decision was supported by 77 deputies at the meeting on July 4.

As stated in the draft decision, Knauf Gypsum Kyiv has already paid an advance of UAH 1.4 million under the agreement of August 14, 2023.

At the same time, the balance of the price is UAH 11.9 million, which the company must pay within 10 days after the notarization of the sale and purchase agreement.

According to Opendatabot, Knauf Gypsum Kyiv LLC is owned by the German company Knauf International GmbH (100%).

Knauf is a leading global manufacturer of gypsum and building materials. In Ukraine, the company is represented by two plants for the production of gypsum boards.

As reported, in November 2023, the National Agency for the Prevention of Corruption (NAPC) included German Knauf in the list of international sponsors of war, which has now been canceled.

National Agency for Prevention of Corruption has put Germany’s Knauf on list of international sponsors of war

The National Agency for the Prevention of Corruption (NAPC) has put German building materials manufacturer Knauf on the list of international war sponsors due to its continued business activities in the Russian Federation. “Only for 2022, one of the world’s largest manufacturers of building materials Knauf will pay about $117 million to the budget of the terrorist country rf. In addition, the German company actively promotes mobilization in russia, sending its employees to the war against Ukraine,” – stated in the message NAPC.

According to its data, Knauf is the largest German investor in the construction sector of the Russian Federation – there the company is represented by a dozen subsidiaries, and also has 20 factories, six training and 29 resource centers in the system of secondary vocational education. In addition, on the territory of one of the production facilities Knauf in Tatarstan organized the Russian production of UAV Shahed-136, the report notes.

As noted by the NAPC, according to the German media, the Russian managers of the Knauf plant in Krasnogorsk near Moscow coordinated with the authorities lists of mobilization.

In addition, the management of Knauf is closely connected by diplomatic relations with representatives of the political regime of the Russian Federation, points out the NAPC. Thus, the co-owner of the company Nikolaus Wilhelm Knauf 23 years until March 2022 had the status of Honorary Consul of the Russian Federation with representation in Nuremberg. Despite the fact that Knauf left this post after the start of the full-scale invasion, the company stated its intention to continue working in the Russian Federation.

Knauf also takes part in construction exhibitions in RF, and has organized its own Russian-made construction technology festival.

“Specialists from Knauf continue to build cities to the aggressor country. This contrasts particularly cynically with the thousands of destroyed residential houses in Ukraine by the aggressor’s army, which is financed, among other things, from Knauf’s taxes,” the NAPC notes.

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