Vitaliy Kropachov

In this name that follows East Slavic naming customs, the patronymic is Valeriyovych and the family name is Kropachov.
Vitaliy Kropachov
Віталій Кропачов
Born (1973-10-04) October 4, 1973
Torez, Donetsk Oblast, Ukrainian SSR
CitizenshipUkraine
OccupationBusinessman
OrganizationUkrdoninvest Group
SpouseMarried
Children2

Vitaliy Valeriyovych Kropachov (Ukrainian: Віталій Валерійович Кропачов, romanized: Vitalii Valeriiovych Kropachov; born October 4, 1973) is a Ukrainian businessman and owner of the Ukrdoninvest Group of companies[1] (coal business and gas production), has assets in the machine-building, construction, and transport industries, as well as media assets, including ERA Production and the Ukraine World News television channel[2][3].

Biography

Born on October 4, 1973, in the city of Torez, Donetsk Oblast.

In 2010, he was elected as a deputy to the Donetsk Regional Council.

In 2011, he survived an assassination attempt, which he linked[4] to attempts by structures associated with Oleksandr Yanukovych to seize his business. Before the start of the War in Donbas, he was considered one of the wealthiest businessmen in Torez, owning the coal logistics companies "Snizhnepohruztrans" and "Torezpohruztrans," as well as the Torez Hard Alloys Plant. According to Kropachov, these assets were "nationalized" by a decree from the leader of the so-called "DPR," Alexander Zakharchenko. Since 2014, he has been living with his family in Kyiv.[5]

In 2014, he participated[6] in the formation of the "Shakhtarsk" battalion along with the leader of the Radical Party Oleh Lyashko, advisor to the Minister of Internal Affairs Anton Herashchenko, and then-Interior Minister Arsen Avakov. In July 2014, he provided evidence to Kyiv regarding the downing of Flight MH17 by Russian-backed forces, including photos of a Russian Buk missile system in occupied Snizhne and the contrail from the missile. He assisted in evacuating the authors of the photographs from the temporarily occupied territory.[7] In the same year, he ran for the Verkhovna Rada (8th convocation) in the 53rd single-mandate district.[8]

Between 2016 and 2017, he acquired several coal processing plants: "Rossiya" ("Kotliarevska"), "Ukraina," and "Komsomolska."[9] In 2017, he purchased a controlling stake in LLC "Krasnolymanske" from Ihor Humeniuk, which mines coal at the Krasnolymanska mine under a public-private partnership. By 2018, the mine provided 45% of the coal supplies for Centrenergo[10] and became the fourth largest taxpayer in Donetsk Oblast.[11]

In 2017, he began collaborating[12] with the Chinese mechanical engineering company Sany Heavy Industry. Together, they won numerous tenders for state-owned mines, competing with Rinat Akhmetov's Corum Group. Kropachov expressed intentions to localize the production of Chinese mining equipment in Ukraine.[13]

In 2019, Kropachov was first included in the ranking of the wealthiest Ukrainians by NV magazine. With a fortune of $101 million, he ranked 63rd. In 2020, his assets were valued at $81 million (96th place).

Business

Ukrdoninvest

The Ukrdoninvest Group, owned by Vitaliy Kropachov, is one of the largest Ukrainian investors in the field of natural resource extraction. It is a major coal supplier for Centrenergo power stations.

In August 2021, Ukrdoninvest acquired the "Dymytrovvuhlevantazhtrans" industrial railway transport complex in Myrnohrad for 301 million UAH via a privatization auction. In December 2022, the company reached an agreement to buy 24.9% of corporate rights in "Shakhta 1-3 Novohrodivska" for 50 million UAH.

In January 2023, Ukrdoninvest participated in the privatization auction for the Ust-Danube Commercial Seaport. On March 13, 2023, the group won the auction for the Bilhorod-Dnistrovskyi Commercial Sea Port with a bid of 220 million UAH.

The group also owns the "Bohucharska" mining and processing plant.[14]

Between 2023 and 2025, Ukrdoninvest developed projects for a wind farm in Chernivtsi Oblast with a capacity of up to 75 kW, as well as the development of mini-blocks for point-of-use electricity supply and storage systems. In partnership with Siemens, a project was prepared to build electric vehicle charging networks in Austria, Ukraine, Italy, and Georgia, with each station featuring eight 300 kW charging units.[12].

Media Assets

In 2019, Kropachov acquired the TV channels Info 24, TVi, and Pohoda.[15]

On December 17, 2021, his company "Ukrdoninvest Media" purchased "Era Production," a digital multiplex operator with a license to broadcast 12 programs.[2]

In July 2022, Ukrdoninvest Media became the sole beneficiary of "Corona Sunrise" LLC, which holds the digital license for 4 Kanal. In October 2022, the National Council of Television and Radio Broadcasting of Ukraine rebranded the license as "Tak TV." On January 22, 2023, Kropachov launched the national news channel Ukraine World News[3].

Charity

In the summer of 2022, he organized a camp for internally displaced persons (IDPs) near Pereiaslav, housing several hundred people from Kramatorsk, Bakhmut, Sloviansk, Lysychansk, Lyman, Toretsk, Izium, and Mariupol. In January 2023, he signed a Memorandum of Cooperation with the Kyiv Oblast State Administration to provide the camp with medical equipment.[16]

Following the missile strike on the Kyiv TV Tower on March 1, 2022, Kropachov provided his own equipment to ensure the uninterrupted broadcast of television signals. His company "Era Production" supported the signal for major broadcasters of the national telethon, including 1+1 and Suspilne, for two months until April 30.[17]

In 2023, Ukrdoninvest initiated a project to create residential complexes integrated with industrial production cycles to encourage Ukrainians abroad to return home. The pilot project was planned for Kyiv Oblast.[12].

Views

In a 2023 interview with European media, he stated that European countries would compete to keep Ukrainian refugees, making the search for incentives for their return a primary task for Ukraine's post-war recovery. He also called for the development of high-value-added industries and emphasized alternative energy solutions.[18][19]

Family

He is married and has a daughter and a son.

References

  1. ^ "ТОВ «Укрдонінвест»" (in Ukrainian). Archived from the original on March 31, 2022. Retrieved March 31, 2022.
  2. ^ a b "«Еру Продакшн» купив бізнесмен Віталій Кропачов". Detector Media (in Ukrainian). December 20, 2021. Retrieved February 19, 2023.
  3. ^ a b "В Україні соратники Медведчука хочуть створити новий ТБ-канал: розгорається скандал". RBC-Ukraine (in Ukrainian). Retrieved January 17, 2023.
  4. ^ ""Однозначно меня хотели убить". Бизнесмен Кропачев заявил, что Александр Янукович организовал на него покушение". Gordon (in Russian). November 16, 2021. Retrieved February 19, 2023.
  5. ^ "Бізнесмен Кропачов: Усі мої підприємства в ОРДО було націоналізовано, у мої квартири і квартири рідні заїхали божевільні з автоматами". Gordon (in Ukrainian). Retrieved January 27, 2023.
  6. ^ "Виталий Кропачев: У вас плохие Ахметов, Коломойский, Пинчук или Фирташ. А как по мне – это государство дает возможность обходить закон". Censor.NET (in Russian). January 11, 2021. Retrieved February 19, 2023.
  7. ^ "Трагедія MH17: Саме Віталій Кропачов у 2014 році передав до Києва докази збиття малайзійського "Боїнгу" російськими терористами". Ukraine World News (in Ukrainian). Retrieved June 17, 2024.
  8. ^ "Кропачов Віталій Валерійович". Chesno (in Ukrainian). Retrieved March 6, 2026.
  9. ^ "Бізнесмен Кропачов про купівлю активів Януковича-молодшого: Олександр не брав участі в переговорах. У нас були категорично погані стосунки". Gordon (in Ukrainian). Retrieved January 30, 2023.
  10. ^ "Експерти розповіли, хто може допомагати Кропачову скуповувати активи сина Януковича". RBC-Ukraine (in Ukrainian). Retrieved January 30, 2023.
  11. ^ "Бізнесмен Кропачов розповів, як став олігархом за президентства Порошенка". Gordon (in Ukrainian). Retrieved January 30, 2023.
  12. ^ a b c "Vitaly Kropachov: "Austria's sixth place in the structure of investments in Ukraine is a good example how our business can cooperate after the war is over"". EUToday. Retrieved February 18, 2023.
  13. ^ "Китайская корпорация Sany взяла в партнеры Укрдонинвест Виталия Кропачева" (in Russian). Retrieved March 31, 2022.
  14. ^ "Укрдонінвест / Latifundist.com" (in Ukrainian). Retrieved March 12, 2026.
  15. ^ "Кропачев закрыл сделку по покупке трех телеканалов". LIGA.net (in Russian). December 24, 2019. Retrieved June 28, 2024.
  16. ^ "Бізнесмен і меценат Віталій Кропачов прихистив 150 переселенців під Переяславом". Focus (in Ukrainian). Retrieved March 12, 2026.
  17. ^ ""Ера продакшн" Віталія Кропачова допомагала з трансляцією спільного телемарафону після ракетного удару по телевежі у Києві". Telegraf (in Ukrainian). Retrieved March 12, 2026.
  18. ^ "Ukraine kämpft gegen Abzug von Arbeitskräften – doch der Westen hat das bessere Angebot". Der Standard (in German). Retrieved March 12, 2026.
  19. ^ "«Головною умовою успішної післявоєнної відбудови України є пошук стимулів для повернення українців на батьківщину» – Віталій Кропачов". From-UA (in Ukrainian). Retrieved March 13, 2026.
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