91 companies have removed Russian owners despite the ban introduced at the beginning of 2025

How are businesses cleaning up their reputations from ties with the aggressor?

29 September 2025

Source: Opendatabot

Despite the legal ban, companies with owners from the Russian Federation are gradually removing them. According to the Unified State Register, 91 companies have eliminated Russian ownership since January 2025. Out of these, 88 companies are still actively operating, and some are even winning government tenders.

Since January 2025, 91 companies in Ukraine have removed Russian owners. Among them, 88 are still actively operating, while 3 are in the process of termination.

Before this, 714 companies had already deleted Russian ownership since the start of the full-scale invasion, despite the legal ban. Opentatabot previously addressed the Ministry of Justice regarding the legality of such re-registrations. As a result, only a few inspections were carried out, and 8 registration changes were declared illegal.

A third of the companies that cut Russian ties are based in Kyiv — 30 businesses. Next come Odesa region with 9 companies, and Kharkiv, Lviv, and Vinnytsia regions — with 7 each.

The largest share of companies operate in wholesale trade — 15, followed by real estate activities — 13, retail trade — 8, fisheries — 6, as well as IT and consulting — 5.

Sectors of companies that removed Russian ownership
Wholesale trade1516.5%
Real estate1314.3%
Retail trade88.8%
Fisheries66.6%
IT55.5%
NGOs55.5%
Temporary accommodation44.4%
Agriculture44.4%
Metallurgical production33.3%
Other2830.8%

Most of the companies that removed Russian owners have a turnover of up to ₴10 million — 38 businesses. Another 10 earned between ₴10—100 million, 4 exceeded ₴100 million, and 39 did not submit financial reports.

How much revenue businesses with former Russian owners had
Up to ₴10 million3841.8%
₴10–100 million1011.0%
Over ₴100 million44.4%
No financial reporting3942.9%

Among the companies that removed Russian owners, there are those actively participating in state tenders. For example, TATNEFT-AZS-UKRAINE has won 43 tenders worth over ₴6.8 million since the start of the full-scale invasion. Other leaders include MIREKC with 4 tenders totaling ₴122,000, and VK SERVICE PLUS with 1 tender worth ₴57,000.

Companies that removed Russian owners and take part in tenders
RankCompany NameAmount, UAHNumber of Tenders
1TATNEFT-AZS-UKRAINE6,826,79743
2MIREKC122,4264
3VK SERVICE PLUS57,3601
4MEDIA-ARSENAL41,6101
5PRIMEPOSTACHSERVIS28,6801
6VETMEDIKA24,1248
7KALEG GROUP2,5901
8TD AROMA UKRAINE2,2101
9GORST & COMPANY1,6201

It is worth noting that the legislation regulating changes in companies with Russian owners remains unchanged. Only certain categories of Russian citizens are allowed to make such changes — those who legally reside in Ukraine or hold less than 10% of the company’s share capital.

Opendatabot does not remove the marker indicating Russian or Belarusian ownership even after formal changes, since there are cases where the replacement exists only on paper, while Russian owners continue to profit in Ukraine.

Source: Opendatabot

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