91 companies got rid of Russian owners in 2025: how businesses “whitewash” their reputation
29 September 2025 11:59
Companies with Russian owners are gradually being removed. According to the Unified State Register, 91 companies have lost their Russian trace since January 2025. Of these, 88 companies are now actively operating, and some are even winning government tenders. This is reported by "Komersant Ukrainian" with reference to the data of Opendatabot.
This has become part of a general trend: since the beginning of the full-scale invasion, 714 companies have already removed their owners from Russia, despite the restrictions. Earlier, Opendatabot appealed to the Ministry of Justice to investigate the legality of such re-registrations. The inspection revealed only a few violations, and 8 registration changes were recognized as illegal.
Geography of companies that lost their Russian owners
One third of the companies that have lost their Russian traces operate in Kyiv – 30 businesses.
They are followed by: Odesa region – 9 companies, Kharkiv, Lviv and Vinnytsia regions – 7 companies each.
What do the companies that got rid of the Russian trace do?
The largest number of deletions was recorded among wholesale trade (15), real estate (13), and retail (8).
Other sectors include: fisheries (6), IT and consulting (5), NGOs (5), temporary accommodation and agriculture (4 each), metallurgy (3), and other – 28 companies.
How much did businesses with Russian owners earn?
Most companies have a turnover of up to UAH 10 million (38 businesses). Ten companies earned between UAH 10 million and UAH 100 million, 4 companies exceeded UAH 100 million, and 39 did not submit financial statements.
| Revenues of companies | Number | Share |
|---|---|---|
| Up to UAH 10 million | 38 | 41.8% |
| 10-100 million UAH | 10 | 11.0% |
| Over UAH 100 million | 4 | 4.4% |
| Did not submit reports | 39 | 42.9% |
Companies without Russian owners participating in public tenders
Among the companies that got rid of the Russian trace are those that actively participate in public tenders. For example, TATNEFT-ASS-UKRAINE has won 43 tenders worth more than UAH 6.8 million since the beginning of the full-scale invasion.
Other leaders include Mirekts with 4 tenders worth UAH 122 thousand and VK SERVICE PLUS with 1 tender worth UAH 57 thousand.
| Company | Amount of tenders, UAH | Number of tenders |
|---|---|---|
| TATNEFT-AZS-UKRAINE | 6 826 797 | 43 |
| MIREX | 122 426 | 4 |
| VK SERVICE PLUS | 57 360 | 1 |
| MEDIA ARSENAL | 41 610 | 1 |
| PRIME SUPPLY SERVICE | 28 680 | 1 |
| VETMEDICA | 24 124 | 8 |
| KALEG GROUP | 2 590 | 1 |
| TD AROMA UKRANE | 2 210 | 1 |
| GORST AND COMPANY | 1 620 | 1 |
Legislation and real changes
Currently, the legislation allows only certain categories of Russian citizens who legally reside in Ukraine or have a share of up to 10% in the authorized capital to change owners.
It is noteworthy that Opendatabot does not remove the mark of Russian owners even after formal changes, as in some cases the replacement is “on paper” and the real owners continue to receive income in Ukraine.
