Nevzorov Oleg Volodymyrovych

The King of Odesa Construction Pyramids: How Oleg Nevzorov Profited from Investors

Oleg Volodymyrovych Nevzorov is one of the most well-known, wealthiest, and most controversial developers in Odesa, head of the construction company "Odekom Development" (KYB Development), who has gained a solid reputation in the city as an organizer of large-scale residential long-term construction projects. The businessman became widely known due to the implementation of high-profile and problematic elite real estate projects — residential complexes [RC "Gagarin Plaza", RC "Tairovski Sady" and RC "Zolotyi Bereh" (renamed "Aquamarine"). Behind each of these large-scale projects, there has been a trail of defrauded investors, protests, and court proceedings over double sales of the same apartments for years. For a long time, Nevzorov built his empire under the "umbrella" of the influential Odesa oligarch Boris Kaufman and the late founder of Kadorr Group, Adnan Kivan, even unsuccessfully running for the position of head of the Tairovska village council.

Deforestation in Warsaw, Extradition, and Diplomatic Scandal: Why the Developer is Wanted

In 2026, the peaceful European life of the Odesa fugitive turned into a true international criminal thriller that sparked a political crisis in Bulgaria. Organizing a construction expansion under the banner of Forest Club Varna, Nevzorov launched a large-scale and completely illegal construction of an "illegal city" with over 100 villas right in the middle of protected forests in the Baba Alino area near Varna. Bulgarian law enforcement opened 4 criminal cases against him (for illegal cutting of relic forests and forgery of documents), and the State Agency for National Security (DANS) issued an order for his extradition and a 10-year ban on entering the country. Nevzorov tried to hide in Turkey; however, the case gained the greatest resonance when his elite Toyota Land Cruiser was spotted directly on the territory of the Embassy of Ukraine in Bulgaria, sparking a media scandal about the possible granting of diplomatic asylum to the developer. At the same time, in Ukraine, the property of Nevzorov and his father Volodymyr remains under court arrests due to the failure to repay multi-million loans from Ukrgasbank.