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Oleg Bakhmatyuk, a Ukrainian entrepreneur and former billionaire, has made significant strides in various sectors since his birth on August 14, 1974. With degrees from Chernivtsi Economics and Law Institute and Ivano-Frankivsk National Technical University of Oil and Gas, Bakhmatyuk's career spans from founding the Precarpathian Finance Corporation in 2001 to major roles in Naftogaz of Ukraine. His ventures into the agricultural sector with Avangard and UkrLandFarming have positioned him as a key player, despite facing challenges such as the 2014-2015 losses due to geopolitical tensions. Bakhmatyuk's recognition as Agrarian of the Year in 2009 and his family's involvement in his businesses underscore his influence in Ukraine's economic landscape, even as controversies like the VAB Bank insolvency in 2014 and subsequent legal troubles have marred his reputation.
January 01, 1975 in Ivano-Frankivsk, Ukraine
51 years
Eggs
Food And Beverage
Ukraine
Kiev
Oleg Bakhmatyuk, a prominent Ukrainian entrepreneur, former billionaire, and politician, was born on August 14, 1974, in Ivano-Frankivsk, Ukraine. He grew up in a supportive family and showed early signs of ambition and determination.
Oleg Bakhmatyuk: Family
Bakhmatyuk comes from a close-knit family. He is married and has three daughters and one son. His sister, Nataliya Vasilyuk, is a successful businesswoman in her own right and serves as the Head of Avangard Agro Holding. In 2019, she was recognized as the best business-woman in Ukraine's agricultural sector.
Oleg Bakhmatyuk: Career Highlights
Bakhmatyuk's career journey is marked by a series of notable achievements. He held various positions at KGD as a representative of Itera in the Ivano-Frankivsk Region from 1996 to 2001. In 2001, he founded the Precarpathian Finance Corporation. His involvement in politics began in 2002 when he served as a Deputy of Ivano-Frankivsk City Council, a member of the Economic Revival Faction, and a member of the City Council Committee on issues of finance planning, prices, and budget.
During 2002-2004, Bakhmatyuk collaborated with Ihor Yeremeyev in oil, agrarian business, and region gasification. He went on to establish Stanislavska Torgova Kompaniya (Stanislavskiy Trade Company) in 2003, which became the largest chain of grocery stores in the Ivano-Frankivsk Region. In 2004, he founded the commercial bank Financial Initiative.
Bakhmatyuk's career took a significant turn when he joined Naftogaz of Ukraine in 2005, where he held various positions, including Deputy Chairman of the Board, until 2007. In 2006, he acquired a controlling stake in region gas distribution companies, which he later sold to RosUkrEnergo AG company in 2007. In 2011, he became one of the founders of VAB Bank.
Oleg Bakhmatyuk: Companies
Bakhmatyuk has been instrumental in establishing and leading several successful companies. He founded the Avangard poultry factory in 2003 and created a company with the same name. Since 2007, he has led the Board of Management at Avangard Agro Holding.
In 2011, he founded UkrLandFarming, a major vertically integrated agricultural holding of Ukraine.
UkrLandFarming is renowned as the largest agricultural lands lessee, producing grain and breeding cattle. However, the company faced significant challenges during 2014-2015 due to the Russian Federation aggression and the hybrid war in Ukraine.
Oleg Bakhmatyuk: Major Achievements
Bakhmatyuk's contributions to the agricultural sector have been widely recognized. In 2009, he won the prestigious award in the national program Person of the Year, for the Agrarian of the Year category.
Oleg Bakhmatyuk: Awards & Achievements
Bakhmatyuk's dedication and accomplishments have earned him numerous awards and accolades. He is the recipient of the Order of Merit of the 3rd degree, awarded by the President of Ukraine in 2008. In 2011, he was recognized as the "Man of the Year" in the agricultural sector by the Ukrainian Association of Farmers and Private Landowners.
Oleg Bakhmatyuk: Personal Life & Legacy
Bakhmatyuk currently resides outside Ukraine. Between 2017 and 2019, he acquired Cypriot citizenship. Despite the challenges he has faced, Bakhmatyuk's legacy as a successful entrepreneur and influential figure in Ukraine's agricultural sector remains significant.
Oleg Bakhmatyuk: Trivia
Bakhmatyuk is known for his passion for sports and has been actively involved in promoting and supporting various sports initiatives. He is a fan of football and has served as the President of FC Karpaty Lviv, a professional football club based in Lviv, Ukraine.
Oleg Bakhmatyuk was born in Ivano-Frankivsk, Ukraine.
Graduated from Chernivtsi Economics and Law Institute.
Founded the Precarpathian Finance Corporation.
Served as a Deputy of Ivano-Frankivsk City Council, a member of the Economic Revival Faction, and a member of the City Council Committee on issues of finance planning, prices, and budget.
Founded Stanislavska Torgova Kompaniya (Stanislavskiy Trade Company), which became the largest chain of grocery stores in the Ivano-Frankivsk Region.
Founded the commercial bank Financial Initiative.
Held various positions at Naftogaz of Ukraine, including Deputy Chairman of the Board.
Bought a controlling stake in region gas distribution companies.
Sold the controlling stake in region gas distribution companies to RosUkrEnergo AG company.
Joined the founders of VAB Bank.
VAB Bank declared insolvent and introduced a temporary administration due to the economic and banking crisis in Ukraine.
Put on the national wanted list on suspicions of embezzling nearly $50 million before VAB Bank's license was revoked in 2015.
Won the 2009 award in the national program Person of the Year, for the Agrarian of the Year category.
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Who is Oleg Bakhmatyuk and what is his background?
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