Automatically translated version. May contain inaccuracies compared to the original.
The legendary gadget and electronics retail chain Cytus, which stood at the origins of the modern technology market in Ukraine, in recent years has been more associated not with new gadgets but with loud scandals, lawsuits, and millions in losses to the state budget. Although the company recently officially recovered its old domain and gained a new owner in the person of Zaporizhzhia businessman Artur Hutunka, the buyer of Yabluka stores, questions about business transparency remain open.
This is written by the Anticor portal.
A change of signage or preservation of old schemes
The history of Cytus has long been accompanied by fierce corporate wars between its founders — Odessa residents Hryhoriy Topal and Dmytro Zinchenko. Million-dollar lawsuits, blocking the main site, billions in creditor claims, and an investigation by the Bureau of Economic Security into possible tax evasion of over half a billion hryvnias seriously shook the retailer’s position.
Ultimately, in 2025 year Topal sold the business 37-to Artur Hutunka, owner of the Yabluka network. According to experts and media data, the deal was valued at 10 to 20 million dollars. Yet what is interesting is another: officially the new owner bought only the company “T-Rent,” which holds the exclusive right to use the trademark. Meanwhile, the real operational activity and import of goods worth billions of hryvnias are still conducted through other firms registered to trusted individuals, which raises many questions for the tax authorities.
Black bookkeeping, “gray” equipment, and clever import schemes
For years, Cytus was surrounded by scandals over the sale of unofficially imported products. Law enforcement and tax authorities repeatedly documented the use of dozens of fake individual entrepreneurs to split the business, understate the customs value of goods by dozens of times, and carry out fake returns of equipment for millions of hryvnias every month.
Document: PDF proof of the original version of the news item "Мільйонні активи та тіньові схеми: хто насправді стоїть за покупкою мережі «Цитрус»". It records the publication content at the moment of the first scan, the preservation date and the source: Aktsenty.