The largest coal exporter from the temporarily occupied territories of Ukraine is linked to the son of the fugitive president Viktor Yanukovych — Alexander Yanukovych. A company closely associated with him, registered on the outskirts of Russia's Rostov-on-Don, has exported nearly half a million tons of fuel abroad, primarily to Turkey, over the past two years, reports the Russian publication "Important Stories."
The company "Energoresurs," nominally owned and directed by individuals connected to Yanukovych Jr. through his fuel holding "Mako," procures coal from suppliers in Donbas and, according to customs data, ships it to an offshore affiliated company, Energy Union, based in the British Virgin Islands, at a rather modest price of 5,700 rubles per ton. This pricing allows for savings on export duties.
As noted by the publication, from 2021 to 2023, "Energoresurs" generated 3.5 billion rubles in revenue at this modest, transfer price. After this, Energy Union can sell coal anywhere and at any price. Until 2022, among the recipient countries of coal from "Energoresurs" were Bulgaria, Estonia, the Czech Republic, and Romania. However, following the full-scale invasion, the European Union imposed a ban on purchasing coal from Russia, and now almost all coal from "Energoresurs" is sent to Turkey via rail and sea transport.
It is worth mentioning that in October 2024, it became known that Viktor Yanukovych's elder son, 51-year-old Alexander, obtained Russian citizenship.
Prior to this, in February 2023, Alexander Yanukovych transferred "MAKO Holding" from Kramatorsk to Donetsk, under Russian jurisdiction.