WOG builds some of gas stations, using Firtash's funds – media

Now Firtash's investment in WOG is estimated at US$200-250 million.

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Ukrainian oligarch Dmytro Firtash has financed the construction of some of WOG Group's gas stations, according to documents available to the Ekonomichna Pravda online newspaper.

"In 2011-2013, he [Firtash] invested about $150 million in the company. The funds were allocated under certain investment projects: the construction or acquisition of gas stations. In particular, this refers to almost 70 facilities in different parts of Ukraine," the Ekonomichna Pravda wrote on November 1.

As reported, the publication has documents confirming that the oligarch began systematically injecting money into the WOG since September 2011.

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According to the newspaper, representatives of Group DF (Dmytro Firtash), namely Christopher Chatterton and Vyacheslav Yakimyuk "supervised" the use of the investment. The latter was a member of Nadra Bank's Supervisory Board in 2011.

Now Firtash's investment in WOG is estimated at US$200-250 million.

As UNIAN reported earlier, CEO of WOG Serhiy Koretskyi is leaving his post, while Mykhailo Romaniv, who was WOG CCO, is expected to be appointed as acting CEO.

UNIAN memo. WOG (West Oil Group) is a chain of gas stations in Ukraine, which is managed by Continent Oil Trade/Golden Equator.

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