Volodymyr Lavrenchuk. Photo: NEQSOL Holding press service
NEQSOL Holding, led by Azerbaijani businessman Nasib Hasanov, continues to surprise the Ukrainian market with large-scale investments and unexpected moves. The company, known for its activities in the energy, telecommunications, construction and high-tech sectors, has gained particular fame in Ukraine through the acquisition of one of the largest mobile operators, Vodafone Ukraine. However, NEQSOL Holding’s latest move to buy the United Mining and Chemical Company (UMCC) has become a real sensation, according to Delo.ua.
The State Property Fund had been trying to sell UMCC for a long time, but only on the fourth attempt did a single bidder, NEQSOL Holding, come forward. This deal not only consolidated the company’s position in Ukraine but also shocked the global titanium market. UMCC is a powerful asset that opens up new prospects for NEQSOL in the mining and processing of titanium resources, especially given the global demand for this strategically important metal.
Volodymyr Lavrenchuk, Head of the Ukrainian office of NEQSOL Holding, is one of the key figures behind the company’s success in Ukraine. His experience in the banking sector, including 15 years of managing Raiffeisen Bank Aval, has made him one of the most influential Ukrainian top managers. Under his leadership, NEQSOL plans to invest heavily in the development of the UCC, introduce new technologies and increase its export potential.
“We see great prospects for UMCC and plan to invest in the modernisation of the plant. This is not just an asset, it is the key to our long-term success in the global market,” Lavrenchuk said in an interview with Delo.ua. He also shared his plans to develop the telecoms business in Ukraine. The company is actively preparing for the introduction of 5G, which, according to Lavrenchuk, “will open up new opportunities for innovation in communications and digitalisation”.
NEQSOL Holding is not just expanding its assets – it is laying the foundation for the transformation of the Ukrainian high-tech and resource extraction industries. Successful management of such powerful assets as Vodafone Ukraine and UMCC can change the country’s economic landscape. Volodymyr Lavrenchuk, a man with vast experience and a passion for music, which he develops even in collaboration with professional musicians, has managed to harmoniously combine investment success with creative ambitions.
NEQSOL has no plans to rest on its laurels. The company is actively exploring opportunities to participate in the privatisation of Ukrainian state-owned banks and plans to attract even more investments in various sectors of the economy.
