BGV Group Management, led by Gennadii Butkevych, continues working in Ukraine despite Russia’s ongoing full-fledged invasion that started in February 2022. The group has invested in new projects, opened enterprises, and advanced many social and educational initiatives. According to estimates, the BGV Group and Gennadii Butkevych have invested nearly UAH 3 billion (about USD 79.2 million) in Ukrainian projects over the past two years. The investment company’s priority areas include educational projects, charity and humanitarian activities, development, mining, processing, and sports infrastructure development.

For instance, in March 2022, the company established the BGV Charity Fund, focusing on food and non-food humanitarian aid for Ukrainians, children’s and educational charity initiatives, and supporting Ukraine’s defenders.

Over nearly two years, the fund has delivered 373 trucks of humanitarian aid from Europe to Ukrainians. Overall, the BGV Charity Fund attracted about UAH 878 million in aid for Ukraine, including both direct financial assistance and commodity support from donor partners. Since the beginning of the full-scale invasion, the charity organization has allocated UAH 90 million for the needs of the Ukrainian military and distributed over 60,000 food kits to socially vulnerable Ukrainians. Also, more than 60,000 kits of baby products have been sent to families with infants under three years old across Ukraine. The fund’s team has completed over 30 extensive projects supporting soldiers, assisting the population, and rebuilding infrastructure.

Investments in mining and processing of raw materials are among the group’s leading priorities. The company holds licenses for exploring or extracting nine types of resources in various regions of Ukraine. During the full-fledged invasion, the BGV Group Management launched one of Ukraine’s most modern gravel plants in the Zhytomyr region. The plant has an annual capacity of over 1.5 million tons of ore processing and features a new technology park and its own railway infrastructure. The approximate investment in exploration and the launch of the enterprise was USD 22 million.

Infrastructure development is another important direction for Gennadii Butkevych and his companies. In 2023, BGV started a project to organize the construction of a new stadium and sustainable residential complex in Zhytomyr amid the large-scale war. The company aims to develop sports and recreational infrastructure in the region at its own expense. The group also plans to continue developing graphite and beryllium projects, which are critical for Ukraine as a whole, helping our country enter the supply chain of global and European markets for strategic raw materials.