Andriy Zhurzhiy
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Andriy Valeriyovych Zhurzhiy (born March 19, 1978) is a Ukrainian entrepreneur, investor, and lawyer. He is the founder and CEO of the investment REIT company Inzhur. Zhurzhiy served as a member of
Ukraine's Parliament The Verkhovna Rada of Ukraine ( uk, Верхо́вна Ра́да Украї́ни, translit=, Verkhovna Rada Ukrainy, translation=Supreme Council of Ukraine, Ukrainian abbreviation ''ВРУ''), often simply Verkhovna Rada or just Rada, is the ...
of the 8th convocation from
Self Reliance "Self-Reliance" is an 1841 essay written by American transcendentalist philosopher Ralph Waldo Emerson. It contains the most thorough statement of one of Emerson's recurrent themes: the need for each individual to avoid conformity and false con ...
party


Biography


Legal career (2005—2014)

From 2005 and until 2014 Zhurzhiy worked as the Director of the Law Department at
Fozzy Group Fozzy Group is a group of companies that owns and manages retail stores in Ukraine. Based in Kyiv, it is Ukraine's largest supermarket company and food retail group. The company has had operations in Ukraine since 1997, and operates Silpo supermark ...
. Additionally, he was the president of Investment Partners Group. Zhurzhiy's Law Department in the Fozzy Group has been recognised as the best in FMCG by the newspaper Legal Practice in 2008, 2009, 2010, 2013. In 2008 and 2013 was named the best corporate lawyer by the newspaper Legal Practice. The same newspaper has named Zhurzhiy one of the three best lawyer in taxation. In 2013 Russian journal Corporate Lawyer has named the Law Department of Fozzy Group the best among trade companies law departments in
CIS Cis or cis- may refer to: Places * Cis, Trentino, in Italy * In Poland: ** Cis, Świętokrzyskie Voivodeship, south-central ** Cis, Warmian-Masurian Voivodeship, north Math, science and biology * cis (mathematics) (cis(''θ'')), a trigonome ...
.


Business career (2008—present)

In 2008, he founded the asset management company "Investment Partners". In 2009, he founded Inzhur Capitals — an official depository institution that deals with the sale and storage of
securities A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any fo ...
. As of 2024, the total amount of concluded securities transactions reached ₴65 billion. In 2016, he founded Smile Development (now Inzhur) — a construction company that, as of early 2024, has built 39 commercial premises for "Silpo", "Fora", and
McDonald's McDonald's Corporation is an American multinational fast food Fast food is a type of mass-produced food designed for commercial resale, with a strong priority placed on speed of service. It is a commercial term, limited to food sold ...
, as well as 19 sections of the RC "Optimisto" (another 6 sections are currently under construction). In 2022, 10 days before the full-scale invasion of Ukraine by Russia, Andriy Zhurzhiy launched Inzhur — Ukraine's first investment company operating under the
REIT A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping ce ...
business model, which allows private
investors An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some species of property. Type ...
to buy shares in large and profitable real estate objects and receive dividends from rental payments. In the first 10 days, Inzhur attracted $1.3 million in investments for the startup project — a supermarket in Lisnyky. As of May 2024, the company has launched 6 investment funds, 4 of which have already been fully sold. Available as of July is the Inzhur Zhytniy fund and Inzhur Ocean for the buyout of the Ocean Plaza shopping center from the state.


Political career (2014—2018)

From
November 27 Events Pre-1600 * AD 25 – Luoyang is declared capital of the Eastern Han dynasty by Emperor Guangwu of Han. * 176 – Emperor Marcus Aurelius grants his son Commodus the rank of "Imperator" and makes him Supreme Commander of the Rom ...
,
2014 File:2014 Events Collage.png, From top left, clockwise: Stocking up supplies and personal protective equipment (PPE) for the Western African Ebola virus epidemic; Citizens examining the ruins after the Chibok schoolgirls kidnapping; Bundles of wat ...
to July
2018 File:2018 Events Collage.png, From top left, clockwise: The 2018 Winter Olympics opening ceremony in PyeongChang, South Korea; Protests erupt following the Assassination of Jamal Khashoggi; March for Our Lives protests take place across the United ...
, he was a MP of the 8th convocation of the
Verkhovna Rada of Ukraine The Verkhovna Rada of Ukraine ( uk, Верхо́вна Ра́да Украї́ни, translit=, Verkhovna Rada Ukrainy, translation=Supreme Council of Ukraine, Ukrainian abbreviation ''ВРУ''), often simply Verkhovna Rada or just Rada, is the ...
, a member of the parliamentary faction
Union "Self Reliance" Union commonly refers to: * Trade union, an organization of workers * Union (set theory), in mathematics, a fundamental operation on sets Union may also refer to: Arts and entertainment Music * Union (band), an American rock group ** ''Un ...
, and the first deputy head of the Committee on Tax and Customs Policy. In this position, he primarily focused on
lobbying In politics, lobbying, persuasion or interest representation is the act of lawfully attempting to influence the actions, policies, or decisions of government officials, most often legislators or members of regulatory agencies. Lobbying, whic ...
new laws for Ukrainian businesses. In particular, these include the law on public procurement (
Prozorro Prozorro ( Ukrainian: Прозоро – transparent, clear) is a public electronic procurement system where state and municipal customers announce tenders to purchase goods, works and services, and business representatives compete for the opp ...
), the law on reducing tax pressure (reducing the
USC USC most often refers to: * University of South Carolina, a public research university ** University of South Carolina System, the main university and its satellite campuses ** South Carolina Gamecocks, the school athletic program * University of ...
on
wages A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as ''minimum wage'', '' prevailing wage'', and ''yearly bonuses,'' and remuner ...
), and opposition to the restoration of the tax police. In
2017 File:2017 Events Collage V2.png, From top left, clockwise: The War Against ISIS at the Battle of Mosul (2016-2017); aftermath of the Manchester Arena bombing; The Solar eclipse of August 21, 2017 ("Great American Eclipse"); North Korea tests a ser ...
, he was one of the initiators of the law ensuring the functioning of the
Ukrainian language Ukrainian ( uk, украї́нська мо́ва, translit=ukrainska mova, label=native name, ) is an East Slavic language of the Indo-European language family. It is the native language of about 40 million people and the official state lang ...
as the state language. In July 2018, he submitted a resignation request on his own accord. In 2024, the publication NV.ua included Andriy Zhurzhiy in the list of "100 People of the Decade", which brings together Ukrainian citizens who played a key role in the life of the country since 2014 — for lobbying the Prozorro public procurement reform.


Civil activities

He is an active participant in the public campaign to save the
Zhytniy Market Zhytniy Market ( uk, Житній ринок, translit=Zhytniy rynok) is an indoor market in the Podil neighbourhood of Kyiv, Ukraine. The modernist building, then the largest indoor market in Europe, opened in 1980 on the site of an open-air ma ...
. On March 19, 2024, the Kyiv Department of Municipal Property announced an
auction An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition e ...
to find a tenant for Zhytniy Market with a starting price of ₴2.5 million, and the auction was scheduled for March 25. After its postponement due to public campaign pressure, Andriy Zhurzhiy advocated for the cancellation of the auction, deeming it untrustworthy, and its replacement with a privatization auction. Over the years, Andriy Zhurzhiy has been a member and headed several associations and committees, including: * Member of the Board of the Association of Lawyers of Ukraine; * Member of the Public Council under the
Antimonopoly Committee of Ukraine The Anti-Monopoly Committee of Ukraine (AMK) ( uk, Антимонопольний комітет України) is the supreme competition regulator in Ukraine. It is a state authority with special status, aimed at providing the state protection ...
; * Head of the Disciplinary Committee of the Ukrainian Association of Investment Business; * Co-founder of the Association of Tax Advisors. In 2023, he assisted the NGO "
Fond Velykyi Lioh In the culinary arts, fond is a contraction of ''fonds de cuisine'' which is loosely described as "the foundation and working capital of the kitchen". It refers to a flavorful liquid that is used as foundation (''fondation'' in French, hence th ...
" in the search for the burial of
Bohdan Khmelnytsky Bohdan Zynovii Mykhailovych Khmelnytskyi ( Ruthenian: Ѕѣнові Богданъ Хмелнiцкiи; modern ua, Богдан Зиновій Михайлович Хмельницький; 6 August 1657) was a Ukrainian military commander and ...
and the archaeological excavations of the Epiphany Cathedral, where the burial of Petro Sahaidachny may be located.


Personal life

Zhurzhiy is married and has three children. In 2004 he graduated from the Odesa Academy of Law.


References

{{DEFAULTSORT:Zhurzhiy, Andriy 1978 births Living people People from Uman Odesa Law Academy alumni Ukrainian jurists Eighth convocation members of the Verkhovna Rada Self Reliance (political party) politicians