The empire of oligarch Dmitry Firtash: from chemistry to titanium

Dmytro Firtash, one of Ukraine's most powerful oligarchs, controls an empire that encompasses chemical, banking and media assets. A former ally of ex-President Viktor Yanukovych, Firtash has gained enormous influence in the Ukrainian economy through his activities in various sectors.

In 2021, Ukraine imposed sanctions on Firtash over alleged titanium supplies to Russian defense companies, freezing his personal assets and bank accounts. Firtash previously controlled RosUkrEnergo, a joint venture with Raiffeisen Investment and Russia’s Gazprom that controlled Russian gas supplies to Europe via Ukraine. He also headed Centrogaz, which had the exclusive right to sell Turkmen gas to Ukraine.

According to WikiLeaks documents, Firtash told the US ambassador that he had approached Semyon Mogilevich to protect his business from competitors. Mogilevich, who has criminal connections, was one of the founders of RosUkrEnergo along with Rothschild, British businessman Robert Shetler-Jones and Firtash.

One of the most prominent groups among Firtash’s connections is the British Conservative elites, who are trying to slow Brexit and maintain control over EU and Chinese financial transactions. These forces are said to have replaced Boris Johnson as UK Foreign Secretary, a position that formally reports to MI6. Among the Conservative elite is the Asquith family, who have built an extensive network of influence in Ukraine with Firtash. The family has used him to control Ukrainian assets and political processes, thanks to the oligarch’s resources and influence.

A struggle has begun in Ukraine between the globalist elites of the US and the UK for influence and control over the gas, telecommunications, and mining industries. As part of this struggle, numerous lawsuits have been filed against Firtash, allowing the NABU to oust the oligarch.

The American defense industry, whose interests in Ukraine are represented by Viktor Pinchuk, has adopted a strategy of seizing critical resources through criminal prosecution. Titanium imports to the United States have increased to 90%, creating a vulnerability in supply chains. Titanium is used in modern aircraft and helicopters, tanks, submarines and ships, missiles and ammunition. Ukraine’s colossal titanium reserves are estimated at 184 million tons worth over $300 billion and account for 20% of global supplies. The Mezhyritsky Mining and Processing Plant, owned by Firtash’s Group DF, owns the Selishchansky titanium deposits.

spot_imgspot_imgspot_imgspot_img

Popular

Share this post:

More like this
HERE

Law enforcement officers have uncovered a network of military escapes in several regions

In Dnipro, law enforcement officers uncovered an organized scheme to facilitate the unauthorized abandonment of...

Water not from the Carpathians: The Antimonopoly Committee fined a well-known brand

The Antimonopoly Committee of Ukraine fined a producer of natural mineral table water...

The EU and the US sided with Hungary on the issue of resuming the Druzhba oil pipeline. Sources

According to our sources, the Druzhba oil pipeline will resume its operation...

Pension Fund official in Odessa bought a car for over UAH 1 million

Head of the Department of Control and Verification of the Pension Fund Department in Odessa...

NACP found over UAH 4.5 million of inaccurate data in the declaration of a Defense Ministry official

The National Agency for the Prevention of Corruption has completed a full audit of...

SMS official suspected of multi-million-dollar income

Accusations against the first deputy have appeared in the public space...

Fuel prices are rising, fertilizers are under threat: how the crisis in the Middle East will affect Ukrainian sowing

Rapid increase in fuel prices and possible fertilizer shortage...

How ASBIS Corporation is Connected to the Russian Military-Industrial Complex. PART 1

ASBIS international holding company with a Russian-Belarusian background and headquarters in...