Imitation of patriotism: Artem Borodatyuk and his companies Netpeak and Ringostat hid their business in Russia during the war

Netpeak Group announced its withdrawal from the Russian market in 2022. However, according to open-source data analyzed by “Stop Corruption,” funds from a company associated with the group’s founder may have continued flowing into the Russian budget for another year after the announced exit.

The discussion concerns financial transactions that, according to the researchers, may have continued even after Netpeak Group’s public statement about exiting the Russian market.

More details in the investigation by “Stop Corruption”.

March 9, 2022, the second week of the full-scale war. The Ukrainian IT company Netpeak Group publicly declares: cooperation with Russia has been terminated. Clients from the Russian Federation are being disconnected, accounts frozen. The statement is loud, correct, and, as it seemed at the time, final.

One question remains: has this statement been heard by all structural parts of the large business. Because while in Ukraine they were saying “stop” to the aggressor company, in Moscow, judging by open registers, something seemed to continue operating.

A journalistic investigation based on the analysis of open sources found that a company that had publicly severed ties with Russia, according to available data, appeared to have continued paying taxes into the aggressor country’s budget for at least another year through a network of related legal entities. And the person who previously headed the Russian branch of this structure later became the founder of a company linked to a product now used by thousands of Ukrainians.

Who is Artem Borodatyuk and what is Netpeak Group

Artem Borodatyuk is a Ukrainian serial entrepreneur who has headed a group of IT companies since 2006. Since 2015 it has been known under the Netpeak Group brand, and since 2025, after rebranding, as FRACTAL. According to the company’s own public data, the structure unites over 30 businesses and more than 1,650 specialists.

Among the group’s best-known products is the Netpeak agency, which promotes businesses of such brands as OLX, Puma, Comfy, “Kyivstar”, ATB, and Uklon online. Another product is Ringostat, a virtual PBX and call-tracking service for call analytics.

Formally, Ringostat is a Ukrainian company, part of the domestic IT ecosystem. It is around this product that, based on the analysis of open sources, the main questions of this investigation arise.

The company that was supposed to disappear but did not

The key plot twist concerns a legal entity that should have ceased to exist after the company announced its exit from the Russian market. Instead, according to available data, it continued operating in Russia for almost eight more years.

This refers to the Russian LLC “Netpeak” (ООО “Нетпик”), registered in September 2014. On April 21, 2022 — already after the full-scale invasion — the company was renamed LLC “Consult Professional” (ООО “Консалт Профешинал”). Its general director, according to available data, was Artem Borodatyuk.

According to open data from the Federal Tax Service of the Russian Federation and aggregators such as Rusprofile, the company’s revenue grew for years: from 413 thousand rubles in 2014 to over 100 million rubles in 2020. For the period from 2017 to 2021, the company, according to available data, paid at least 23 million 127 thousand rubles in taxes and mandatory payments to the Russian budget.

This legal entity was liquidated only on January 30, 2023 — almost a year after the start of the full-scale invasion.

The amount itself looks insignificant by wartime standards. But the fact that a legal entity with Ukrainian roots was in no hurry to close after February 24, 2022, is already a question not of accounting but of the company’s principled position.

Money continued flowing into the aggressor’s budget even after the invasion

According to data from the Federal Tax Service of the Russian Federation, another related structure — “Performance Profi” / “Consult Plus” — continued financial activity even after the start of the full-scale war. In 2022, according to available data, it paid about 5 million rubles to the Russian budget and funds.

The total amount of payments for 2021–2025 is more difficult to estimate: data from various sources are incomplete and differ, and according to some information the amount reaches up to 9 million 700 thousand rubles. The editorial team does not confirm this figure definitively at this time — it requires verification through official reporting, not only through data from commercial aggregators.

Ringostat and hundreds of websites in Russia

What can be stated with greater certainty, based on technical data: as of 2026, according to the service BuiltWith, the Ringostat product is used by over 1,700 websites. Approximately 486 of them — roughly every third — are classified by BuiltWith as Russian.

Ringostat also has working integrations with CRM systems popular, in particular, on the Russian market — Bitrix24 and amoCRM/Kommo.

Whether this means a conscious continuation of work with Russia bypassing the company’s own public statement — open sources do not provide a definitive answer. This is a question that the company itself must answer.

Attempt to obtain a comment: “wrong office”

The editorial team sent official inquiries to the email address listed on the company’s website. A few days later, to ensure the inquiry had been received, they called the company — and were told the information would be forwarded to the responsible persons.

The journalists never received a response, so they decided to seek a comment in person — at the address returned by a Google search for FRACTAL.

On site, it turned out to be “not quite the right office.” At least that is what a representative who met the film crew at the reception claimed. Obtaining a comment immediately became difficult.

According to him, the space functions as an ordinary coworking space: the premises are owned by a separate LLC that has no connection whatsoever to Ringostat or FRACTAL, and the group’s companies are merely among the tenants among others:

“I cannot help you obtain a comment here in any way. Unfortunately, I cannot comment on anything here. Here, on site, there is no FRACTAL as such. There are some companies connected with FRACTAL. This is not a classic FRACTAL office. There are external residents, completely different ones.”

The representative also clarified why he could not comment on behalf of the landlord:

“We, as LLC ‘Tex’, which owns the premises, have no relation to Ringostat or anything of the sort. Therefore, unfortunately, I cannot comment on anything here.”

When asked whether the journalists would receive a response to the official inquiry and who was authorized to provide it, the representative advised contacting the company’s lawyers and explained the formal procedure:

“There is an official procedure. A registered letter is sent or duplicated to the email address. And then the lawyers respond. That is, there is a law and an established procedure for journalistic inquiries.”

The editorial team never received direct confirmation that the journalists would receive a response to the inquiry. However, the material expresses hope that FRACTAL will not ignore the appeal and will provide feedback on the questions raised.

The Cypriot trace and nominee directors

Borodatyuk’s business structure is extensive: it includes Ukrainian, Cypriot, Estonian, Polish, British, and Kazakh legal entities.

One of them is the Cypriot company A.B. Digital Horizon Syndicate Limited, registered in September 2023. The register lists Anna Rossidou as director and Pantelis Vorkas as secretary. The law firm associated with the company’s secretary, according to open data, has confirmed experience working with Russian corporations and wealthy Russian citizens.

The editorial team immediately cautions: a nominee director who appears in hundreds of companies across various jurisdictions and a law firm with a broad client base do not in themselves constitute evidence of an unlawful scheme. Such nominee services are standard practice in Cyprus and serve both purely Ukrainian and European businesses.

This is rather a marker that requires separate, much deeper analysis, not independent evidence of a violation.

What to do next

The journalists emphasize that they are not passing judgments — that is not their function. But the totality of established facts — the historical connection of the structure with the Russian Federation, operations and tax payments to the Russian budget already after the start of the full-scale invasion, as well as the technical presence of the product on the Russian market — could potentially become the subject of verification by law enforcement agencies.

This concerns exclusively potential indicators which, in the authors’ opinion, deserve official verification by competent authorities.

The editorial team sent official information requests to the Ministry of Justice of Ukraine, the Bureau of Economic Security of Ukraine, and to Borodatyuk’s company — regarding the facts presented in the material, in particular regarding the existence of inspections concerning the mentioned legal entities and officials. Until official responses are received, all theses in this material have the status of results of open-source analysis, not established legal facts or legal qualification.

Has Russia said goodbye to Netpeak?

Netpeak publicly said goodbye to Russia in March 2022. The question that remains open after this analysis is: has Russia itself said goodbye to Netpeak?

The journalists put this question directly to the company — and so far have only heard that the office they came to is probably “not the right office” and that someone else should provide the answer. Meanwhile, judging by the tax payments that, according to available data, continued flowing into the aggressor country’s budget for another year after the start of the invasion, and by the technical traces of the product that, according to estimates from third-party services, is still operating on hundreds of websites in the Russian Federation, the question remains rhetorical only halfway.