Privat Group

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The Privat Group, or PrivatBank Group (Ukrainian: Група «Приват», romanized: Hrupa "Pryvat") is a global business group, based in Ukraine. Privat Group controls thousands of companies of virtually every industry in Ukraine, the European Union, Georgia, Ghana, Russia, the United States, and other countries. Steel, oil & gas, chemical and energy are sectors of the group's prime influence and expertise. None of the group's capital is publicly traded on any stock exchange. The business group was grouped around PrivatBank. On 18 December 2016 this bank was nationalized by the government of Ukraine, taking 100% ownership. The group was founded and is controlled by the billionaire businessmen Hennadiy Boholyubov, Oleksiy Martynov, and Ihor Kolomoyskyi (the latter is the richest and leading partner that is best known to the public). As a business-oligarch entity, Privat Group controls some prominent Ukrainian media, maintains close relations with politicians, and sponsors professional sports. Key businesses of the group (as well as nationalized PrivatBank itself) are based in Dnipropetrovsk Oblast. The group's founding owners, natives of Dnipro, made their entire careers there.