The Antimonopoly Committee of Ukraine (AMCU) has formally approved the acquisition of control over A.T.V.T. Business Expo Holdings Ltd by Citadel Ventures Cyprus Limited. According to a report by Interfax-Ukraine, this company owns a 50.04% stake in LLC International Exhibition Center (IEC). Notably, the ultimate beneficial owner of Citadel Ventures Cyprus Limited is investor Maksym Krippa.
The IEC stands as a vital component of Kyiv’s strategic infrastructure, featuring four large exhibition pavilions with a combined area approaching 39,000 square meters. The facility is equipped with extensive logistical capabilities, allowing it to handle substantial equipment, including heavy-duty machinery and military vehicles.
Ownership Structure and Investment Overview
Currently, the LLC IEC’s ownership is held by directors Anatoliy Viktorovych Tkachenko and Viktor Viktorovych Tkachenko. Anatoliy and Olena Viktorivna Tkachenko each have a 12.49% share directly. Additionally, the venture capital fund “Asborn” owns 24.98% of the company, with Marina Dorokhina as its beneficiary; she is the daughter of notable Kyiv real estate entrepreneur Vagif Aliyev.
In 2024, the International Exhibition Center demonstrated significant financial improvement. Its revenue surged by 71.4%, reaching 83 million hryvnias, while net losses declined by more than threefold to 7.1 million hryvnias. These results underscore enhanced financial stability and operational efficiency.
The official IEC website states that the entire complex spans 73,230 square meters, with exhibition space occupying 38,680 square meters. The venue includes four pavilions, each providing exhibition areas of 10,850 m², 10,660 m², 10,560 m², and 6,600 m², respectively. To support visitors and exhibitors, the center offers 18 entrance points and 20 loading bays, facilitating the direct transfer of large and heavy goods into the exhibition halls.