BGV named among Ukraine’s largest private investors by Forbes
BGV Group Management has been included among the companies with the largest capital investments in Ukraine, according to Forbes Ukraine, earning a place in the Top 20 Private Investors in 2024–2025 ranking.
BGV Group’s capital expenditures (CAPEX) totaled UAH 5.8 billion in 2024–2025, up 127% compared with 2022–2023.
The company says its inclusion in the Forbes Ukraine ranking reflects the consistent implementation of its investment strategy and its commitment to continuing the development of its projects in Ukraine. In 2025, BGV’s key investments were directed toward expanding its building materials production and implementing real estate development projects. At the same time, the group continued to invest in large-scale projects in the mining, energy, and retail sectors.
The ATB retail chain, co-owned by BGV founder Gennadii Butkevych, was also included in the Forbes Ukraine ranking. The company’s capital investments reached UAH 14.3 billion in 2024–2025, an increase of 155% compared with 2022–2023.
The Forbes Ukraine Top 20 Private Investors in 2024–2025 ranking was compiled based on an analysis of more than 1,500 Ukrainian companies with capital investments exceeding UAH 1 million. The publication used data from YouControl as well as information provided directly by the companies. According to Forbes Ukraine, the combined CAPEX of Ukraine’s 20 largest private investors increased 1.6 times over the past two years, reaching UAH 272 billion. BGV Group Management has previously appeared in rankings of Ukraine’s largest investors. In 2024, the company was included in Forbes Ukraine’s 20+5 Largest Investors in Ukraine’s Economy During the Full-Scale War list, and in 2026 it was featured in the first ranking of Ukraine’s largest private investors published by NV.
