At the end of October 2024, the State Property Fund of Ukraine (PFMU) officially became the owner of 49% of the authorized capital of Alliance Holding LLC, the company that manages the chain of Shell gas stations in Ukraine. This information is confirmed by the data of the Contr Agent analytical system.
Previously, this share belonged to the Russian businessman Eduard Khudainatov, who came under sanctions after the start of a full-scale war in Ukraine. According to the decision of the High Anti-Corruption Court, Khudainatov's assets, including his share in "Alliance Holding", were confiscated as state income.
As a result of these changes, the previous owners of Alliance Holding LLC - Cicerone Holding BV and Bogstone Holding BV - were removed from the register of founders, and the new ownership structure is as follows: Shell Overseas Investments BV - 51%, the State Property Fund of Ukraine - 49% %.
It should be noted that after the start of the war, Khudainatov's share in Alliance Holding LLC decreased to 2.56%, while Shell's indirect share increased to 97.44%. The Shell company reported that this became possible thanks to cash infusions into the Ukrainian business, but in the Ukrainian court it failed to confirm its claims for a larger share.
The State Property Fund also completed the process of registering the state's ownership of the Oil Company "Alliance-Ukraine". In the immediate plans of the FSMU, it is to put the nationalized 49% of the Shell gas station network up for a privatization auction, in which both Ukrainian and foreign oil companies have already shown interest.
