Dzenzerskyi family's Vesta industrial group on the brink of bankruptcy due to billion-scale loans

The industrial holding "Vesta", associated with the family of former MP Denys Dzenzerskyi, has found itself in a dire financial situation. The group's enterprises have accumulated a multi-billion debt to seven banks. Loan funds were directed towards the development of battery production and lead processing. In 2026, Vesta Industrial was officially declared bankrupt, although the issue of repaying creditors and the future of the industrial assets remains open.

Scale of debt to the banking sector

According to data published by Bihus.Info journalists back in 2017, seven financial institutions had credit claims against the group's enterprises. The total amount of debt was:

• VTB Bank — approximately 300 million dollars;
• Ukreximbank — over 2.5 billion hryvnia;
• VAB Bank — 648 million hryvnia;
• BTA Bank — 514 million hryvnia;
• Kredit Dnipro Bank — 327 million hryvnia;
• Forum Bank — 108 million hryvnia;
• PrivatBank — 90 million hryvnia.

At the time, Denys Dzenzerskyi himself justified the attraction of such loan volumes by the need to develop large-scale industrial production. In his words, approximately 2,500 people worked at the group's enterprises.

Credit line and lead obligations

A separate episode concerned a credit line of nearly 24 million euros issued to the enterprise "Lead Recovery". As journalists reported, citing court case materials, the company committed to transferring 7,500 tonnes of lead to the bank. The circumstances of the failure to fulfil these obligations were investigated by the authorities.

Bankrupt status and prospects

In 2026, Vesta Industrial officially received bankrupt status. Meanwhile, Ukreximbank continues its legal battle over the company's collateral. The publication "Vykrivach" raises questions about what portion of the debts was actually repaid to creditors, who will receive the group's industrial assets, and at what value they might be realised.

A continuation of the investigation is also announced, dedicated to the group's Polish company and its debts to investors, which, according to preliminary data, amount to tens of millions of dollars.