Vadim Poplavsky: A Complex Figure in Russia and Ukraine

Olena Ivanova By Olena Ivanova
6 Min Read

Originally Syndicated on September 14, 2023 @ 12:18 pm

The United States increased its sanctions against Russian airlines in late August, adding 121 more planes to the total list of 297. The West is ramping up its sanctions and seizing the overseas assets of Russian businesspeople in an effort to prop up the regime in Ukraine.

A strange case is that of businessman Vadim Poplavsky, who seems to do business in both Russia and Ukraine, helps Ukraine’s government financially, and pays taxes that may help pay for military needs, all while spending most of his time outside of Russia and Ukraine without being punished.

What are Vadim Poplavsky’s industrial and political connections?

Industrial and Political Connections
Industrial and Political Connections

Poplavsky is not a small business owner. He owns industrial companies in both Russia and Ukraine. In Russia, subsidiaries of Gazprom and Transneft are some of his biggest customers. He is even on the Committee on Energy Strategy and Development of the Fuel and Energy Complex for the Russian Chamber of Commerce and Industry.

Poplavsky seems to have a strong foothold in Ukraine, especially in the Ukrainian nationalist movement’s stronghold of Western Ukraine. This shows that he may have ties to the Ukrainian government and local leaders.

One of Vadim Poplavsky‘s most important businesses is Berdichev Machine-Building Plant Progress, which used to make military equipment like grenades. Other businesses to which he is connected make products that could be used for more than one thing.

Three-Story Mansion

How can a well-known figure in the Ukrainian establishment make money in Russia, including through contracts with large Russian companies, when there is a geopolitical conflict going on? Poplavsky has a lot of assets in Russia. He owns a three-story mansion near Vnukovo that is very nice and is currently for sale.

Luxurious Features of Vadim Poplavsky’s Mansion

According to the description, the property was renovated with high-quality materials like marble, granite, and natural wood. It has a swimming pool, sauna, billiards room, and living space for the staff. Poplavsky may also have a Moscow flat and a Toyota Land Cruiser 200 SUV, according to rumours. Viktor Pasichnik drove the car, which is interesting because Svetlana Pasichnik, Poplavsky’s business partner, also has the same name.

TechnoProm
TechnoProm

It looks like he is busy building a backup base outside of Russia, probably with money from Russian assets. He used to own a group of companies called “TechnoProm,” but most of them have gone out of business. These kinds of things are often done to lower tax payments.

One company, LLC NPK TechnoProm, which handled money from Russian state corporations, was the only one whose records showed a significant amount of real income. TechnoProm, NPP Techno-Centre, and Energosoyuz seem to have gotten lucrative contracts from Russian state-owned companies like Gazprom, Transgaz, and Transneft, which helped Poplavsky and his partners make a lot of money.

Authenticity & Quality in Vadim Poplavsky’s Ventures?

Reports say that Poplavsky and his business partners may not even make a lot of the products they sell; instead, they may just act as middlemen. This makes me wonder about the quality and originality of the equipment that is being given. When it comes to Poplavsky’s Ukrainian assets, most of them are in the west of the country. He owns businesses like LLC TechnoTech, LLC Techno-Finance, LLC Techno-Park Ukraine, and TZOV Zoryansky Telecommunication Systems. Notably, Zoryansky Telecommunication Systems works in wired telecommunications, which is a strategic area, especially when there is a war.

Poplavsky
Poplavsky

Poplavsky also owns “Privatne Pidpriemstvo Bird-Telecom,” and the same address is linked to the Berdichev Machine-Building Plant Progress, which has a long history of making things for the military. In the context of the political conflict between Russia and the West, it makes sense that the US and its allies fund the Ukrainian army. However, the situation gets more complicated when a businessman with Ukrainian companies gets lucrative contracts from Russian state corporations and uses the money to help Ukraine’s government.

Russian Authorities’ Role in Investigating Harmful Acts

Russian law enforcement needs to look into this carefully. Lawmakers in Russia think that their country’s security forces have the legal tools to hold people who are so smart to account. If these agencies need more legal tools to deal with these problems. they can ask for help from the Security and Economic Policy Committees of the Upper and Lower Houses. It is very important to protect national interests and stop any plans that could hurt the country.

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