AMCU allows UPG to lease another gas station of Privat group

On June 18, the Antimonopoly Committee of Ukraine (AMCU) allowed Ukrpaletsystem, which is part of the UPG group of businessman Volodymyr Petrenko, to lease another gas station of the Privat group.

This was announced in the AMCU's statement, Ukrainian News Agency reports.

"Permission has been granted to Ukrpaletsystem Private Limited Company to acquire control over the assets of NAFTAPRIME LLC by leasing assets in the form of a single property complex - a gas station," the AMCU decision states.

Before the full-scale war, Privat's fuel network was the largest in Ukraine and had over 1,500 gas stations under various brands.

The ultimate beneficial owner of most of these LLCs is Yurii Kiperman (born in 1946 in Dnipro, father of businessman Mykhailo Kiperman), according to Youcontrol data.

The UPG (Ukrainian Petroleum Group) network, controlled by Volodymyr Petrenko (the official owner is his sister Yulia Vaskovska), is among the three largest market operators in terms of the number of stations and fuel sales.

The company has full logistical self-sufficiency and one of the largest fleets in the country, including hundreds fuel trucks.

Own railway tank cars are also used to transport petroleum products.

In 2024, the company's revenue amounted to UAH 38.4 billion.

From now on, Ukrpaletsystem has permission to lease 552 gas stations from the Privat group and owns 26.

As Ukrainian News Agency earlier reported, on March 12, the Antimonopoly Committee allowed Ukrpaletsystem, which is part of the UPG group of businessman Volodymyr Petrenko, to lease another 31 gas stations from the Privat group.