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ВАКС подтвердил решение о возврате украинских активов российской компании "Полипластик" в пользу государства.

The VAKS upheld the decision to seize Ukrainian assets of the Russian group "Poliplastik" for the state.

On November 22, the Appellate Chamber of the High Anti-Corruption Court (HACC) upheld the first instance ruling from September 20, 2024, regarding the confiscation of assets belonging to Myron Horilovsky, Valentyn Buiansky, and Andrii Menshov, which are located in Ukraine. These individuals are the founders, controllers, and top managers of the Russian group of companies "Poliplastik," who have been subjected to Ukrainian sanctions, as reported by the Ministry of Justice on its website.

The Appeals Chamber of the High Anti-Corruption Court (HACC) upheld the ruling of the first instance from September 20, 2024, regarding the seizure of assets belonging to Myron Horilovsky, Valentina Buyanovsky, and Andriy Menshov, which are located in Ukraine and have been subjected to Ukrainian sanctions. This was reported by the Ministry of Justice on its website.

It is specified that this concerns 93% stakes in LLC "Trading House Eurotrubplast", "Kalush Pipe Plant", "Rubizhne Pipe Plant", a 100% stake in LLC "Polimertепло - Ukraine", a 10% stake in LLC "Ukrainian Polymer Group", and a 51% stake in LLC "Kordflex".

"Horilovsky and his business partners Buyanovsky and Menshov, through the controlled companies of the "Poliplastik Group", engaged in activities aimed at supporting the aggressive policies of the aggressor country," the Ministry of Justice noted in a press release.

It is emphasized that the decision has entered into legal force and is not subject to appeal.

"Poliplastik Group" is a large industrial conglomerate specializing in the production of high-tech polymer pipes and composite polymer materials. It has a research base for conducting studies and developments in the field of composite polymers, which have a wide range of applications, from the production of polymer pipes to the manufacturing of components for firearms.

As the Ministry of Justice points out, after the onset of Russia's full-scale invasion of Ukraine, the enterprises of the "Poliplastik Group" actively participated in the import substitution of products that became unavailable due to the EU sanctions against Russia. In addition, the group supplied products for the construction of water drainage infrastructure in occupied Crimea and polymers to enterprises of the Russian military-industrial complex. Specialists from the group's subsidiary LLC "NPP Poliplastik" participated in the development of polymer materials for use in the manufacturing of firearms.