Bayanaul
Bayanaul ( kk, Баянауыл) is a settlement in Pavlodar Region, Kazakhstan. It is the capital of Bayanaul District and the administrative center of the Bayanaul rural district (KATO code - 553630100). Population:
Geography
Bayanaul lies i ...
,
Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia
Russia (, , ), or the Russian Federation, is a transcontinental coun ...
,
USSR
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nation ...
) is a Ukrainian entrepreneur and founder of holding company UFuture.
Biography
Khmelnytsky was born in
Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia
Russia (, , ), or the Russian Federation, is a transcontinental coun ...
, in the village of
Bayanaul
Bayanaul ( kk, Баянауыл) is a settlement in Pavlodar Region, Kazakhstan. It is the capital of Bayanaul District and the administrative center of the Bayanaul rural district (KATO code - 553630100). Population:
Geography
Bayanaul lies i ...
,
Pavlodar Region
Pavlodar Region ( kk, Павлодар облысы, translit=Pavlodar oblysy; russian: Павлодарская область, translit=Pavlodarskaya oblast) is a region of Kazakhstan. The population of the region was and ; the latest official ...
. His father was a tractor driver, and his mother was a house-painter.
In 1984 he graduated from the technical vocational school majoring in "fitter welder" in the city of
Vatutine
Vatutine ( ; ) is a city in Zvenyhorodka Raion, Cherkasy Oblast (region) of Ukraine. It hosts the administration of Vatutine urban hromada, one of the hromadas of Ukraine. It had a population of
Administrative status
Vatutine gained status as ...
,
Cherkasy region
Cherkasy Oblast ( uk, Черка́ська о́бласть, Cherkaska oblast, ), also referred to as Cherkashchyna ( uk, Черка́щина, ) is an oblast (province) of central Ukraine located along the Dnieper River. The administrative ce ...
. In 1987–1991, after a military service in the Soviet Army, he worked as a gas electric welder and a foreman at the construction and assembly department in
Leningrad
Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...
. In 1991–1998 he worked as: Head of the Information-Analytical Department at the Orimi Wood Soviet-American Joint Venture (Leningrad), CEO at JSC Danapris, Head of the Information-Analytical Department at JSC Real-Group. In 2002 he graduated from the Faculty of Law of
Taras Shevchenko National University of Kyiv
Kyiv University or Shevchenko University or officially the Taras Shevchenko National University of Kyiv ( uk, Київський національний університет імені Тараса Шевченка), colloquially known as KNU ...
.
Business and investment
Khmelnytsky began creating his business empire from traditional sectors, such as real estate and infrastructure, later he started investing in pharmaceutical production, renewable energy and high technologies and innovations.
From 2004 to 2008 he extensively invested, buying and selling his own assets. In 2006, an effective sale of a majority stake in the
Zaporizhstal
Zaporizhstal ( uk, Запорізький металургійний комбінат «Запоріжсталь») is Ukraine's fourth-largest steel maker with an annual capacity of 4.5 million tonnes of steel, 3.3 million tonnes of pig iron, a ...
metallurgical plant took place. This transaction brought Khmelnytsky $400 million.
Explaining the reasons for the sale of Zaporizhstal, Vasyl Khmelnytsky said:
''«When I realized that China chose the option of steel production development, it became apparent that before long there would be no place left for anyone else in this business»''
In 2013, the Focus magazine estimated Vasily Khmelnytsky’s wealth at $888.6 million (ranked 21st in the 200 Richest People of Ukraine Rating). In 2015 Forbes ranked Khmelnytsky 35th on Forbes Top 100 Richest with a fortune of $148 million. According to the rating of the Korrespondent magazine he takes 73rd place on the list of the most influential people of Ukraine.
Vasyl Khmelnytsky joined the Ukrainian League of Industrialists and Entrepreneurs (ULIE) in a position of a Vice-president in 2014. Since 2015, as the First Vice-president of ULIE, he has been actively involved in the promotion of Ukraine in the global arena, attracting foreign investments, technology and expertise to Ukraine, developing manufacturing and regional projects. At the beginning of 2019 he gave up his power in the ULIE in order to fully concentrate on the development of business and social projects of his holding company UFuture.
At the
European Business Summit
European Business Summit (EBS) is an events and conference organiser, and the creator of one of the largest networking and debating events in Brussels – the annual European Business Summit.
Description
EBS was founded in 2000 by the FEB ( Feder ...
on 2 June 2016, Vasyl Khmelnytsky presented a strategy for the development of Ukrainian regions exemplified by
Bila Tserkva
Bila Tserkva ( uk, Бі́ла Це́рква ; ) is a city in the center of Ukraine, the largest city in Kyiv Oblast (after Kyiv, which is the administrative center, but not part of the oblast), and part of the Right Bank. It serves as the adm ...
, until 2025. The project involves attracting $250 million investment, creating seven thousand jobs, an industrial park, a technological cluster and a business incubator.
On 16 June 2016 in
Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
''«We always preferred working in partnership. We believe that this reduces risks and increases revenue. Almost in all projects from 25% to 60% belongs to our partners»'' – V. Khmelnytsky, Kommersant Ukraine.
“It is our intention that our partners view our country not only as a transit zone for the supply of goods to Europe, but also as a platform for the creation of new industries”, said Vasyl Khmelnytsky, the First Vice President of ULIE, in Beijing.
In the ULIE Khmelnytsky supervises the promotion of the investment potential of Ukraine, in particular, the attraction of foreign capital and solutions and the development of regional projects. He is a proponent of construction of new modern industrial production entities and creation of industrial parks in the country.
“When the country’s economy starts to grow, all assets, including mine and other businessmen’s, will become more costly. We will become richer. This is the business model; people are not aware that the projects are not created for profit here and now. Our projects have longer than a ten-year horizon”, stated Vasyl Khmelnytsky.
He is the majority shareholder at the UDP company. As of 2018, the UDP company has launched construction projects with an area of more than 3 million square meters and has become one of the largest real estate developers and infrastructure enterprises in the country. Among its most famous projects are the construction of Ocean Plaza Mall, Novopecherski Lypky, Boulevard of Fountains, RiverStone and Parkove Misto residential complexes.
In addition to UDP, the group owns or operates
Igor Sikorsky
Igor Ivanovich Sikorsky (russian: И́горь Ива́нович Сико́рский, p=ˈiɡərʲ ɪˈvanəvitʃ sʲɪˈkorskʲɪj, a=Ru-Igor Sikorsky.ogg, tr. ''Ígor' Ivánovich Sikórskiy''; May 25, 1889 – October 26, 1972)Fortie ...
Kyiv International Airport
Ihor Sikorsky Kyiv International Airport (Zhuliany) ( uk, Міжнародний аеропорт «Київ» імені Ігоря Сікорського (Жуляни)) is one of the two passenger airports of the Ukrainian capital Kyiv, th ...
(Zhuliany), the RTM-Ukraine Group, Ukrainian national operator of outdoor advertising, and
Bila Tserkva
Bila Tserkva ( uk, Бі́ла Це́рква ; ) is a city in the center of Ukraine, the largest city in Kyiv Oblast (after Kyiv, which is the administrative center, but not part of the oblast), and part of the Right Bank. It serves as the adm ...
industrial park. Apart from commercial projects, Vasyl Khmelnytsky supports numerous social initiatives in the fields of education and economy whose objective is to promote Ukraine's competitiveness in world markets, for example, UNIT.City and LvivTech.City innovation parks, the unique educational
UNIT Factory
Unit may refer to:
Arts and entertainment
* UNIT, a fictional military organization in the science fiction television series ''Doctor Who''
* Unit of action, a discrete piece of action (or beat) in a theatrical presentation
Music
* ''Unit'' (al ...
(Ukrainian National IT Factory); Osvitoriya public organization projects: Novopechersky school (comprehensive school) in Kyiv and iLearn online platform for orphans and children from low-income families; K.Fund Books publishing project; Small and Medium Entrepreneurship School (SME School), Lean Institute Ukraine (LIU) and K.Fund Media as information resource about new opportunities.
Vasyl Khmelnytsky is also the Chairman of the Supervisory Board at National Technical University “
Kharkiv Polytechnic Institute
The National Technical University "Kharkiv Polytechnic Institute" (NTU "KhPI") ( uk, Національний технічний університет "Харківський політехнічний інститут"), in the city of Kha ...
”. "Every year, our top managers and I visit the world top universities and the most innovative companies to adopt the unrivalled expertise and breakthrough approaches and apply them in Ukraine”, he notes. The entrepreneur is sure that only education and a different way of thinking of Ukrainian citizens can speed up the country's development, helps achieve prosperity and take a proper place in the modern world.
In 2017, the Ukrainian journal
Novoye Vremya
''The New Times'' (russian: Новое Время) is a Russian language magazine in Russia. The magazine was founded in 1943. The current version, established in 1988, is a liberal, independent Russian weekly news magazine, publishing for Ru ...
placed him on Top 100 Richest Ukrainians at 36th place with $114 million.
As of July 2018, the value of assets belonging to the holding company Ufuture was $750 million.
Vasyl Khmelnytsky and his partners invested $42 million in the research and production facility of
Biopharma LLC
Biopharma (Ukrainian: ТОВ «Біофарма плазма») is the Ukrainian pharmaceutical company focused on the development and production of drugs based on human plasma.
History
Foundation and early history
In 1895, the Association ...
. The opening of the new complex took place in summer 2018.
Party of Greens of Ukraine
The Party of Greens of Ukraine ( uk, Партія зелених України, Partiia zelenykh Ukrayiny, PZU) is a Ukrainian green political party founded in 1990 by Yuriy Shcherbak and registered in May 1991.
The party is a successor of t ...
Civil movement "Chesno"
Chesno ( uk, Чесно, lit=honestly, fairly) is a Ukrainian public campaign that emerged late 2011 to advance a fair election process. It is widely known for its critical analysis and evaluation of politicians and the Verkhovna Rada (parliame ...
In the
2002 Ukrainian parliamentary election
Parliamentary elections were held in Ukraine on 31 March 2002. Nohlen, D & Stöver, P (2010) ''Elections in Europe: A data handbook'', p1976 The Our Ukraine bloc emerged as the largest faction in the Verkhovna Rada, winning 111 of the 447 seats ...
he failed to get reelected in electoral district 82 as an
independent candidate
An independent or non-partisan politician is a politician not affiliated with any political party or bureaucratic association. There are numerous reasons why someone may stand for office as an independent.
Some politicians have political views th ...
Yuliya Tymoshenko Bloc
The Yulia Tymoshenko Bloc ( uk, Блок Юлії Тимошенко, БЮТ; Blok Yuliyi Tymoshenko, BYuT) was the name of the bloc of political parties in Ukraine led by Yulia Tymoshenko since 2001. In November 2011, the participation of blocs ...
. In the
2007 Ukrainian parliamentary election
Early parliamentary elections in Ukraine took place on 30 September 2007. The date of the election was determined following agreement between the President Viktor Yushchenko, the Prime Minister Viktor Yanukovych and the Chairman of the Verkho ...
he was reelected as a member of
Party of Regions
The Party of Regions ( uk, Партія регіонів, Partiia rehioniv, ; russian: Партия регионов, Partiya regionov) was a pro-Russian political party in Ukraine formed in late 1997 that then grew to be the biggest party of U ...
Anti-protest laws in Ukraine
The Ukrainian anti-protest laws were a group of ten laws restricting freedom of speech and freedom of assembly passed by the Verkhovna Rada (Parliament of Ukraine) on January 16, 2014, (referred to as Black Thursday) and signed into law by Preside ...
" in January 2014. He left political activity in 2015. As of July 2018, he does not belong to any political party.
Family
* Wife – Zoya Lytvyn, Head at Osvitoria NGO
* Sons: Oleksandr (born in 1993), Ivan (born in 2007).