Firtash intends to part ways with the Parus Business Center.

Firtash

Dmitry Firtash

It is quite possible that in the near future Dmitry Firtash (Read more: DMYTRO FIRTASH. THE STORY OF A TERNOPIL BILLIONAIRE) will be forced to dispose of the Parus Business Center, one of the most prestigious and largest buildings of its kind in Kyiv. Several sources reported that the oligarch is transferring his majority stake in the business to another investor. However, they are completely unaware of the exact owner of the Parus Business Center and are extremely cautious in their assumptions.
For example, Group DF asset manager Boris Krasnyansky did not deny the information: "This option is being considered, but I would not like to go into details until the process is complete." Other market participants and businessmen interviewed by journalists from the Novoye Vremya media outlet agreed that the new owner would be a local. For example, Volodymyr Mysak, head of investment at DTZ Ukraine, said: "We frequently communicate with foreign investors, but they are not considering Ukraine because of the very high risks associated with the military conflict. Most likely, we are talking about local investments. Less likely, these could be foreigners already present in the Ukrainian market, investing in similar properties."
However, it is not difficult to guess that Parus is planned to be sold by looking at the Unified State Register of Legal Entities, where a certain Andrey Petichenko, who lives in a dormitory on Lomonosov Street 28/41, is listed as the ultimate beneficiary (instead of the Cypriot company Bovalon Investment); he is also listed as the company's director since June 2, 2016. The co-owner of Parus is also aware of what is happening, Vagif Aliyev (via Mandarin Plaza). Their representative, Alexander Chernitsky, reported that "...Nothing has changed for us. Mandarin Plaza has retained its stake in Parus at the same level."

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