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UPG leases 34 more Privat Group gas stations

At its meeting on November 6, the Antimonopoly Committee of Ukraine (AMCU) allowed Ukrpaletsystem, a company part of the UPG group of businessman Volodymyr Petrenko, to lease 34 more Privat Group gas stations.

This is stated in the AMCU report, Ukrainian News Agency reports.

The gas stations are registered under ten limited liability companies: Albiland, Vertix-Mall, Angel Capital, Corso Town, Like Invest, Perspektyva Pro, Sky Project, Naftaprime, Newport Holding and Taros Group.

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

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From now on, Ukrpaletsystem has permission to lease 383 gas stations from the Privat Group.

The total number of gas stations managed by UPG is 436.

According to Forbes, the UPG network, controlled by Volodymyr Petrenko (the official owner is his sister Yulia Vaskovska), ranks fifth among the largest gas station networks in Ukraine in terms of fuel sales, behind OKKO, WOG, Ukrnafta, and BRSM-Nafta.

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

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As Ukrainian News Agency earlier reported, the Antimonopoly Committee of Ukraine at its meeting on October 30 allowed Ukrpaletsystem, which is part of the UPG group of businessman Volodymyr Petrenko, to lease another 70 gas stations from the Privat Group.

UPG is the fifth largest fuel sales company in Ukraine after OKKO, WOG, Ukrnafta, and BRSM-Nafta.

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