Victor Polishchuk

Victor Polishchuk
Born August 15, 1976
Ukraine Kirovograd region, Ukraine
Occupation Businessman

Victor Stepanovych Polishchuk (Ukrainian: Віктор Степанович Поліщук) is a prominent Ukrainian businessman in electronics retail. As of 2013, he was ranked as one of the 100 richest people in Ukraine by Forbes with estimated personal wealth of $166 million.[1]

Biography

Victor Polishchuk was born on August 15, 1976 in Kirovograd region (Ukraine). His father — Polishchuk Stepan Nikiforovich was the chief engineer at Peregonovskiy sugar-house, his mother – Polishchuk Galina Antonovna worked as a nurse in kindergarten. Polishchuk’s grandfather - Volchanskiy Ivan Panteleymonovich fought in the Great Patriotic War.

Victor Polishchuk graduated from Kiev Technological Institute of Food Industry.[2]

Polishchuk is married to Lilia Rizva, a niece of Svetlana Medvedeva (wife of Prime Minister and Ex-President of Russia Dmitry Medvedev).[3] Rizva manages the "Gulliver" retail and office center in Kiev, which Polishchuck owns.[4][3]

Career

As a student, Victor Polishchuk worked as a technician at a research enterprise Energotekhnologiya, and later worked as an engineer for the company.

In 2001 he created the TechEnergoTrade company. Initially, this business was built on the sales of electrical engineering products, but the company later got involved in logistics. In 2004 Polishchuk’s TechEnergoTrade acquired 70% of the Technopolis (retail chain) company – a home appliances retailer. Polishchuck began an expansion of the company, which at that time had only seven retail locations, opening new shops and signing new agreements with suppliers. He acquired full control of the company in 2005. By 2013, Technopolis had 65 locations throughout Ukraine.

In 2013, the company acquired and merged with another home appliance retailer, Eldorado. In an interview to Forbesmagazine Victor Polishchuk revealed that the new network will operate under the name Eldorado: "We intend to remove all the setbacks currently existing in the Eldorado network. Above all, we are going to radically change the approach to client service."[4]

Polishchuk has also been involved in the construction of a cottage town Yavir near Kyiv, initiated and led by his wife Lilia Rizva.

Scandals

In 2013 the city council of Brovary voted to lease the lands of a former state-owned "Radiobroadcasting center" to 48 people for "personal agriculture". These individuals later gave their plots to the Inter-profit company. A short time later, the local government voted to rezone the land so that a logistical center, refrigerating warehouses and pharmaceutical plant could be built by Bayer AG. The project was represented not by Inter-profit, but by Techenergytrade, and some journalists have pointed out that the companies have much common. The ex-director of "Techenergytrade" Volodymyr Tymoshenko, for example, is a foundator of "Inter-profit". Bayer AG have officially denied rumors about construction of a plant in Brovary.[5][6][3][7]

References

External links