Three little-known companies posted a 105 million hryvnia bail bond for Galushchenko: what is known about them
27 June 01:41
Former Minister of Energy and Justice Herman Galushchenko has paid 105 million hryvnia of the 150 million hryvnia bail set by the court. According to “Schemes, ” the money was transferred by three private companies: “Tetrass Optima,” “Giran Contract,” and “Sky Retail,” reports "Komersant Ukrainian"
Journalists noted that the published financial figures for these companies do not correspond to the scale of the amounts paid.
Since the full amount of the bail had not been paid as of June 26, Galushchenko remains in custody.
How much bail was posted for Galushchenko
The High Anti-Corruption Court had previously reduced Herman Galushchenko’s bail from 200 million to 150 million hryvnias.
As of Friday, June 26, 105 million hryvnias had been paid, or 70% of the amount set by the court.
Another 45 million hryvnias were still needed to reach the full bail amount.
Since the bail was not paid in full, the former minister remains in pretrial detention.
Who Contributed the Largest Amount
The largest payment was made by the company “Tetrass Optima.” It transferred 54 million hryvnias.
The company’s main business is the wholesale trade of timber, building materials, and plumbing fixtures.
The company’s owner is listed as Tetyana Linnikova, a resident of the Kharkiv region.
According to “Schemes,” the company’s most recent available annual financial report is for 2023. At that time, the company reported 35,600 UAH in net profit.
Thus, the amount of the bail posted is approximately 1,500 times greater than the company’s reported net profit for that year.
Journalists also found that in 2026, “Tetris Optima” was the defendant in a case regarding the collection of tax debt.
The amount in question was about 4,000 UAH.
At the same time, the company was able to transfer 54 million UAH as bail for the former minister.
Company representatives have not publicly explained the source of the funds or the reason for their involvement in posting the bail.
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What connection was found with the “Adamant” fund
From September 2024 to January 2025, the “Adamant” investment fund was listed among the founders of “Tetris Optima.”
According to the register of legal entities, this fund is a co-owner of a number of companies alongside entities linked to the “Avalon” business group.
Lviv-based entrepreneur Hryhorii Kozlovskyi identified himself as the owner of the “Avalon” group.
“Giran Contract” contributed 46 million UAH
The second-largest payment was made by the company “Giran Konstrakt.” It contributed 46 million UAH.
The company is registered in Brovary, Kyiv Oblast, and was established in 2024.
The company’s primary business activity is listed as wholesale trade in:
- iron products;
- plumbing equipment;
- heating systems;
- plumbing fixtures and related products.
According to the YouControl analytical system, the company’s authorized capital as of October 2024 was 5,000 UAH.
Giran Contract’s financial statements listed only one employee.
The company did not report any profits for the previous two years. Despite this, the company paid 46 million UAH in collateral.
The company’s director and ultimate beneficial owner is Olena Sidun.
“Schemes” sent her questions via messenger, but had not received a response as of the time of publication.
Journalists checked how Olena Sidun’s phone number was listed in other users’ contact lists.
Among the entries were “Controller at LvivOblEnergo” and “Controller at Svitlo Lviv.”
“Sky Retail” contributed another 5 million UAH
The third payment, in the amount of 5 million UAH, was made by the company “Sky Retail.”
The company was founded in 2021 in Kharkiv and also specializes in the wholesale trade of timber.
In its 2023 financial report, the company noted:
- one employee;
- zero revenue;
- capital of 200 thousand UAH.
According to YouControl, the company has not filed any public financial reports since then.
In June 2025, Sky Retail changed ownership.
Tetyana Stepnykh became the new beneficial owner. The company was also re-registered from Kharkiv to the village of Shchaslyve in the Kyiv region.
The previous manager and owner of the company was Dmytro Ostrovsky.
Journalists were unable to contact either the new owner or the previous beneficial owner: the listed phone numbers turned out to be inactive.
The Halushchenko Case
As a reminder, on February 17, 2026, the court imposed a pretrial measure on former Energy Minister Herman Galushchenko—detention for a period of 60 days from the date of his actual arrest until April 15, with the possibility of bail set at 200 million hryvnias.
On February 15, 2026, Galushchenko was detained by NABU detectives while attempting to leave Ukraine. Investigators allege that he is involved in Operation “Midas,” which concerns the embezzlement of funds at “Energoatom.”
Law enforcement authorities notified the former energy minister that he is suspected of committing criminal offenses under Part 2 of Article 255 and Part 3 of Article 209 of the Criminal Code of Ukraine.
On November 19, 2025, the Verkhovna Rada of Ukraine passed a resolution dismissing Minister of Justice Herman Galushchenko and Minister of Energy Svitlana Hrynchuk amid a corruption scandal in the energy sector.
Galushchenko served as Minister of Energy from 2021 to 2025, and from July 17 to November 19, 2025, he served as Minister of Justice.
He was dismissed from the government amid the scandal surrounding Operation “Midas.” The NABU case, known as “Midas,” concerns large-scale corruption in the energy sector, which, according to the investigation, was co-organized by businessman Timur Mindich.
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