Company linked to Serhiy Shapran exposed for selling seized construction materials

The company "Budinindustrial-Service LTD", linked to businessman Serhiy Shapran, continued to sell construction materials despite a seizure order. 

This fact is confirmed by the materials of the criminal case, in which the Borivskyi District Court of Kyiv Oblast handed down a guilty verdict.

One of the company's executives was found guilty of illegal operations involving seized property. The court imposed a fine and ordered the confiscation of the company's equipment, to be transferred for military needs.

How did the scheme work?

The sale of seized sand continued despite the prohibitions. The materials were used for the production of construction products.
The company came under Shapran's control following unofficial agreements with the sanctioned Russian businessman Ihor Naumets. This allowed them to circumvent the restrictions.
 Through affiliated entities, such as "Yuni-Lux", "Yuni Stone Plant" and "Budinindustrial-Service LTD", more than 500 million hryvnia worth of products was sold in 2024.
 The next hearing in the case will take place on 25 March 2025 at the Kyiv Court of Appeal.