Poroshenko’s busi­ness part­ners run Ukrainian de­fense in­dus­tries


Since Pres­i­dent Petro Poroshenko came to power in early sum­mer 2014, key po­si­tions in Ukraine’s de­fense in­dus­try and mil­i­tary pro­cure­ment have been taken up by his long-time busi­ness part­ners. Oleh Glad­kovskiy is one of them. As the first deputy sec­re­tary of the Ukraine’s Na­tional Se­cu­rity and De­fense, Glad­kovskiy has di­rect in­flu­ence on state de­fense pro­duc­tion and pro­cure­ment pol­icy.

More­over, Glad­kovskiy also chairs the In­ter­de­part­men­tal Com­mis­sion on Mil­i­tary-Tech­ni­cal Co­op­er­a­tion and Ex­port Con­trols, thus hav­ing the last word in the coun­try’s arms sales abroad.

He has been part of the pres­i­dent’s in­ner cir­cle since at least the early 1990s.

Be­tween 1997 and 2012, Glad­kovskiy, then known as Oleh Svy­nar­chuk, was a deputy di­rec­tor gen­eral at UkrPromIn­vest, a group of com­pa­nies be­long­ing to Poroshenko.

With Poroshenko, he es­tab­lished the Bog­dan Cor­po­ra­tion ve­hi­cle pro­ducer, be­com­ing the com­pany’s su­per­vi­sory board chair­man in Fe­bru­ary 2005. The com­pany quickly be­came one of Ukraine’s big­gest au­to­mo­bile pro­duc­ers, as well as the army’s main source of spe­cial­ized ar­mored cars.

In 2009, Svy­nar­chuk even­tu­ally be­came Bog­dan’s sole owner af­ter he bought out Poroshenko’s ma­jor share in the com­pany.

Since 2008, Svy­nar­chuk has had a 9.9 per­cent share, some shares held di­rectly, and some through in­ter­me­di­aries, in the In­ter­na­tional In­vest Bank, in which Poroshenko has a 60 per­cent share.

Af­ter the Euromaidan Revo­lu­tion, Svy­nar­chuk en­tered pol­i­tics, run­ning Poroshenko’s pres­i­den­tial cam­paign of­fice in Ch­er­nivtsi Oblast in the spring of 2014.

Just two days af­ter the Cen­tral Elec­tion Com­mis­sion declared Poroshenko the new pres­i­dent, Svy­nar­chuk on June 4, 2014 of­fi­cially changed his name to Glad­kovskiy - his mother’s maiden name.

On Aug. 13, 2014, Poroshenko ap­pointed his busi­ness part­ner to the in­ter­de­part­men­tal com­mis­sion. Then, on Feb. 17, 2015, Poroshenko ap­pointed Glad­kovskiy first deputy sec­re­tary of the Na­tional Se­cu­rity and De­fense Coun­cil.

Be­fore that, on July 4, 2014, the newly elected war-time pres­i­dent had placed UkrOboron­Prom, the giant state-run de­fense in­dus­try con­cern of over 130 en­ter­prises, and Ukraine’s main pro­ducer of weapons, into the hands of Ro­man Ro­manov, the man who had run his elec­tion cam­paign in Kher­son Oblast.

In Kher­son, Ro­manov was the owner of the Av­to­plan­eta Plus car deal­er­ship, an au­tho­rized dealer of the Hyundai Mo­tor Com­pany and Kia Mo­tors, and a city coun­cil mem­ber.

More­over, ac­cord­ing to an in­ves­ti­ga­tion pub­lished by jour­nal­ist Olek­siy Bra­tuschak in news web­site Ukrain­ska Pravda, Ro­manov’s deal­er­ship was an of­fi­cial part­ner of the Poroshenko’s and Glad­kovskiy’s Bog­dan Cor­po­ra­tion in Kher­son Oblast.

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