On March 12, the Antimonopoly Committee of Ukraine (AMCU) allowed Ukrpaletsystem, which is part of the UPG group of businessman Volodymyr Petrenko, to lease 31 more gas stations of Privat group.
This is stated in the AMCU's message, Ukrainian News Agency reports.
As stated in the decision, UPG was allowed to lease gas stations belonging to 11 companies: Sky Project LLC, Vertix-Mall LLC, Perspektyva Pro LLC, Eurotrade Expo LLC, Image Evolution LLC, Angel Capital LLC, Like Invest LLC, Albilend LLC, Taros Group LLC, Sorella Oil LLC and Jasmi-Trade LLC.
These gas stations previously operated under the ANP and Avias brands.
Before the full-scale war, the Privat 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.
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.
From now on, Ukrpaletsystem has permission to lease 549 gas stations from the Privat group and owns 26.
As Ukrainian News Agency earlier reported, on January 29, the Antimonopoly Committee of Ukraine allowed Ukrpaletsystem, which is part of the UPG group of businessman Volodymyr Petrenko, to lease another 27 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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