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Automatically translated version. May contain inaccuracies compared to the original.
🔈 The cost of the shelter at the South Ukraine Nuclear Power Plant has nearly tripled — to almost 2 billion UAH. The contractor is a bankrupt company owned by the Yasenitsky family.
Energoatom, through additional agreements, increased the contract price for the construction of engineering protection for critical elements of the South Ukraine NPP from the original 595 million UAH to nearly 2 billion UAH.
The contractor is Private Joint-Stock Company Yuzhenergobud — a company that has been in bankruptcy proceedings since 2007 and is owned by the Yasenitsky family. One of the beneficiaries is named in an NABU case regarding price inflation for Energoatom of nearly 170 million UAH.
In 2024 the Branch Enterprise Atomproektinzhyniring / South Ukraine NPP signed a contract with Private Joint-Stock Company Yuzhenergobud to build protective structures. The initial cost was about 595 million UAH, with a completion date of by 25 December 2025.
By June 2026 the price had increased through additional agreements to 883,4 million UAH. In October 2026, according to public reports, the total contract amount approached 1,97 billion UAH. One of the additional agreements provided for an increase of 1,09 billion UAH including VAT.
The justification was the need to avoid disrupting the construction schedule. The new deadline — 30 September — has already passed, yet the contract in the Prozorro system is still not closed.
📌 Private Joint-Stock Company Yuzhenergobud has been in bankruptcy proceedings since 2007. The ultimate beneficiary of the company is 87-year-old Matviy Yasenitsky. His son, Ivan Yasenitsky, is involved in a criminal proceeding at NABU and the SAP (case No. 52022000000000387). According to the investigation, companies linked to the family supplied equipment to an Energoatom subdivision at inflated prices. The amount of overpricing is nearly 170 million UAH. Ivan Yasenitsky was detained.
The Yasenitsky family controls a number of extraction enterprises (including those associated with the Corporation Bugskie Quarrys). Law enforcement (the SBU Economic Security Bureau and the Office of the Prosecutor General, case No. 70224001120000026) are investigating a scheme of price manipulations for sand and granite. According to investigations, material prices were artificially lowered to reduce tax liabilities and then significantly inflated when supplied to Energoatom sites. Potential budget losses are estimated in the tens of millions of hryvnias. A similar scheme was recorded back in 2015–2016.
☑️ The contract was concluded during Petro Kotin’s leadership of Energoatom (he resigned in August 2025 amid a number of corruption investigations, including the so-called “Mindichgate”). The authorized representative from the South Ukraine NPP was Vyacheslav Stoyanov.
Energoatom regularly explains such procurements as necessary to quickly protect critical infrastructure during the war. At the same time, the lack of automatic restrictions for companies with a criminal past or in bankruptcy proceedings allows such contractors to continue receiving large state orders.
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