Automatically translated version. May contain inaccuracies compared to the original.
The construction company ENSO essentially halted work on three Kyiv residential complexes — Poetica, Diadans, and Fjord — leaving investors without completed apartments and clear deadlines for completion. Meanwhile, a structure connected with the ENSO brand, after the full-scale war began, launched the construction of luxury real estate in Dubai. Vadym Stoliar figures in this story, with authors of the investigation linking him to the Dubai structure and its activities.
After the start of the full-scale invasion, ENSO announced a forced stoppage of construction. Later, the company repeatedly stated its intent to resume work, but the three Kyiv projects never returned to stable construction. The ENSO office is closed, and co-owner and CEO Ramil Mekhtiyev, according to the investigation, left Ukraine in early April, media outlets report. For investors, the situation appears particularly acute. At the end of spring, Ramil Mekhtiyev published an address that some investors took as the manager’s actual farewell to Ukrainian business. After that, some investors were allegedly told that another company might complete the projects. Its name was not disclosed, and according to investors, no real works began at the sites. Vadym Stoliar appears in this story through Enso Investment L.L.C, registered in the United Arab Emirates after the start of the full-scale war. According to the investigation, Vadym Stoliar has a connection to the creation and operation of this structure. At the same time, there is no documentary confirmation in the materials that Stoliar is the formal owner of Enso Investment L.L.C. Stoliar nonetheless remains part of the real estate story. While Ukrainian ENSO investors await the completion of Poetica, Diadans, and Fjord, the Dubai structure is developing at least two new residential projects — Enso Jade and Enso Amber. Both are located in expensive Dubai neighborhoods, and the starting price of individual apartments, according to the data, is about 400 thousand dollars. The Enso Investment L.L.C office is located in the Boulevard Plaza complex. An estimate cited in the investigation puts monthly rent for a space in this complex at about 40 thousand dollars. Thus, in parallel with the frozen Kyiv objects, the ENSO brand continues to be used in a large development project in the UAE market. Some former Ukrainian ENSO employees, according to the investigation, also moved to the Dubai structure. They participate in the implementation of Enso Jade and Enso Amber. This raises questions about the situation in which a Ukrainian company effectively halted work, while the related structure abroad continued to develop new projects.
Vadym Stoliar is separately linked to Dubai real estate through Yulia Symunina. A former colleague of Stoliar from OPZH (Opposition Platform — For Life), and now a Kyiv City Council deputy, she, together with her agency Symbol Real Estate, handles the sale of Vadym Stoliar’s real estate in Dubai. This creates an additional corporate and political channel around his foreign assets. The investigation materials also mention people from the entourage of the former MP Viktor Medvedchuk and film producer Artem Kolyubaev. They are linked to structures related to ENSO construction projects. At the same time, the nature and extent of such links need to be confirmed by separate corporate documents. Questions also arose regarding the finances of structures associated with the Mekhtiyev brothers. According to the investigation, after currency controls were introduced, funds tied to them received permission to transfer to the UAE for nearly 1 million dollars. The formal basis cited was the purchase of a large batch of meat in Dubai. However, according to the authors, this product did not reach Ukraine. If this is confirmed by documents, the issue will concern not only the supply itself but also the grounds on which the currency operation was approved. Another episode concerns the brother of Ramil Mekhtiyev’s company and a trip to Finland by one of the top managers of the National Commission on Securities and Stock Market. The authors claim it was a fictitious business trip for New Year holidays. It was this commission, according to the material, that previously granted permission for the corresponding currency operation. In this context, Vadym Stoliar finds himself at the center of an issue that goes far beyond the ordinary corporate conflict of a developer. On one side are investors of three Kyiv housing complexes who have waited for years for construction to finish. On the other side is a structure linked to ENSO, which after the start of the war is developing new projects in Dubai with apartment prices ranging from hundreds of thousands of dollars. Stoliar is not a party to a court-established conviction in the cited episodes, and the mentions of his connection to Enso Investment L.L.C do not prove actual control over the company. Likewise, claims about currency operations and possible use of related structures require verification by law enforcement and financial authorities. At the same time, the questions for ENSO remain practical: who and with what funds will complete Poetica, Diadans, and Fjord, what will happen to Ukrainian investors’ funds, and why is a business associated with the ENSO brand continuing to develop expensive projects in Dubai while Kyiv’s buildings remain unfinished.
Document: PDF proof of the original version of the news item "Вадим Столар і ENSO: три ЖК у Києві стали довгобудами, а Дубай отримав гроші". It records the publication content at the moment of the first scan, the preservation date and the source: Fraza.