The head of the state-owned enterprise Ukrainian Energy Machines (formerly Turboatom), Viktor Subotin, has been at the helm of one of the largest factories in the country for over 17 years. During this time, his family has amassed a significant fortune, which raises many questions, in particular because of its scale and origin.
According to the declaration, Subbotin's wife owns at least ten jewelry collections. Among them are products from Pascal Bruni worth about 500 thousand hryvnias and jewelry from Carrera y Carrera, valued at more than a million. The family owns 15 luxury watches from the Ulysse Nardin and Chopard brands, encrusted with diamonds. Mink and sable fur coats are also declared, including a model from Marco Vanoli for 2,300 euros, and a Hermès Birkin bag made of crocodile leather.
A separate place in the declaration is occupied by a collection of weapons: carbines, rifles, pistols. In particular, a 12-gauge Krieghoff combination rifle worth over 200,000 hryvnias and a Browning rifle for 60,000.
The family's financial assets are no less impressive. Subotin declared millions in dividends, stakes in dozens of companies, and over 183 million hryvnias in loans to Megabank. Separately, he listed a gold reserve of about 160 million hryvnias.
Real estate is another component of capital. In Kharkiv, journalists recorded a large estate with an area of over 1,000 m², located behind a high fence, with a fountain, lawns and ornamental trees. Nearby is another house, guest cottages and several land plots. All of this is registered to Nina Yatsenko, Subotin's alleged mother-in-law. The estate was purchased in September 2022, when Kharkiv was under threat of occupation and Megabank was in liquidation.
In 2023, Yatsenko purchased another house in Uzhhorod with an area of 272 m² and land, with a total value of over 3.2 million hryvnias. She is also registered as the owner of a manor house with solar panels and a video surveillance system.
The former teacher turned businesswoman: she is a co-founder of the company "S-Alpha Green", which owns or leases 634 land plots. Earlier, in 2022, she became one of the founders of POSP "Dolynsky TOK" in Ivano-Frankivsk region, contributing more than 6 million hryvnias to the authorized capital.
Subbotin's schemes are also connected with his wife's sister, Marina Yatsenko, and his own sister, Inna Vasishcheva, who heads the Zberezhennia investment fund. Through this fund, the family saves 4 and 24 million hryvnias. In 2023, Vasishcheva received a gift of an apartment in the center of Kharkiv with an area of over 300 m², the value of which, according to market estimates, exceeds 230 thousand dollars.
One of the key channels for the formation of family capital is Megabank. It was trusted by international financial institutions such as the EBRD, KfW, and the International Finance Corporation, investing in the development of small businesses. Now the question arises: have these resources become part of the personal “gold reserve” of the state administrator?
