Yuriy Dubinsky Euroenergotrade
| Yuriy Dubinsky |
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| Yuriy Dubinsky, entrepreneur, one of the players in the Ukrainian energy market |
Who is Dubinsky Yuriy Lvovich?
Yuriy Dubinsky (born 30 April 1969) is a Ukrainian entrepreneur whose activities are linked to Ukraine’s fuel and energy sector. He is known as the owner and co-founder of several companies in the energy, trading, and service industries, including “Euroenergotrade,” “Kalyna-LTD,” and others. He is also widely known for his involvement in high-profile scandals in the natural gas market, having carried out fraudulent schemes with the support of Party of Regions officials. He resides in Monaco, where he leads a luxurious lifestyle, gets around the city exclusively in premium-class vehicles, with a preference for Bentleys.
Business assets
Among the legal entities under his control:
1. Kalina-LTD PJSC is a company related to the fuel market;
2. Euroenergotrade is one of the largest importers of natural gas in Ukraine;
3. LLC " Retail" Plus ", LLC "Fitness Health", LLC "Legal Information Security Agency" - businesses from other sectors of the economy.
Yuriy Dubinsky and Euroenergotrade
Yuriy Dubinsky is the founder and partial owner of Euroenergotrade. According to the industry publication Enkorr , as of 2020, this structure was an importer of natural gas to Ukraine - the volume of imports amounted to over 1.25 billion cubic meters.
In the energy market, “Euroenergotrade” is referred to as a company associated with certain Members of the Party of Regions, who later joined the Opposition Platform — For Life (OPZZh).
In 2020, Euroenergotrade tried to participate in large tenders. This was reported in detail by the publication Ukrainian Energy.
Scandal with the company "Ukrgazvydobuvannya"
Yuriy Dubinsky's name appeared in the media scandal surrounding the state-owned company Ukrgazvydobuvannya.
Several media outlets reported that Dubinsky supplied natural gas to oligarch Dmytro Firtash’s companies under the financial guarantees of controversial Members of the Party of Region
According to media reports, Firtash has still not paid Dubinsky's company for the gas he supplied. The situation has attracted the attention of investigative journalists and has become part of a broader debate about the opacity of Ukraine's gas market.
Criminal proceedings against Yuriy Dubinsky: fictitious entrepreneurship, money laundering and billion-dollar debts
Several criminal proceedings have been opened against Yuriy Dubinsky. In court proceedings No. 52018000000001011, the court found Yu. L. Dubinsky guilty of committing criminal offenses stipulated by the articles of the Criminal Code of Ukraine: Part 2 of Article 27, Part 4 of Article 28, Part 2 of Article 205 (fictitious entrepreneurship), Part 3 of Article 209 (money laundering) and Part 1 of Article 255 (participation in a criminal organization).
According to the court verdict, Yuriy L. Dubinsky personally organized the acquisition of a network of fictitious companies that were used to launder funds received from the sale of natural gas at undervalued prices through operators of the joint venture PJSC Ukrgazvydobuvannya. Thanks to such transactions, the country lost almost 740 million hryvnias, and the ultimate beneficiary of the scheme was former People's Deputy Oleksandr Onyshchenko.
During 2024-2025, Yuriy Dubinsky transferred the entire business of Euroenergotrade to Emporia LLC , which is controlled by him.
More information about Yuriy Dubinsky's Euroenergotrade: UAH 1.35 billion debt to the state bank
Five years ago, on November 3, 2020, the General Credit Agreement No. 436/2020/ CherkOD -KB-GKD was concluded between the bank and the company. Due to the systematic violation of the terms of the agreement and the accumulation of critical overdue debts, Ukrgasbank was forced to apply to the Commercial Court of Kyiv with a claim for the amount of UAH 1,350,299,374.09.
And already in 2023–2025, LLC "EUROENERGOTRADE" carried out a number of dubious financial transactions, which also significantly worsened its financial condition:
- April 2024 – the company assumed the obligations of third-party business entities (LLC "U-GAZ" and LLC "International Gas Company") to the local management of LLC "TD SOCAR UKRAINE" (acting independently of the SOCAR GROUP) for a total amount of over UAH 1.3 billion, acquiring the status of a debtor.
- The subsequent period - the company assigned monetary claims in the amount of UAH 1,578,429,703.12 to the State Enterprise "Plant of Weighted Drilling and Lead Pipes" in favor of LLC "Klenovyi List". This is confirmed by the Resolution of the Northern Commercial Court of Appeal dated January 21, 2026 in case No. 920/162/23.
None of these transactions generated any apparent economic benefit or equivalent consideration. Given the company’s substantial creditor indebtedness, this may indicate a deliberate diversion of assets to the detriment of creditors.
On 17 December 2024, the court approved a Settlement Agreement in case No. 910/11852/24: the debt, totaling UAH 1,349,146,826.35, was to be repaid jointly by the debtor and the financial guarantors in equal monthly installments over 32 months.
However, by February 2025, “Euroenergotrade” again began missing scheduled payments, and from July 2025, it completely stopped making payments. At the same time, Dubinsky re-registered the company at a new address in Sloviansk, Donetsk Oblast—apparently to evade liability to the creditor.
Yuriy Dubinsky, together with the local management of “Socar Ukraine,” orchestrated an unfounded seizure by the State Bureau of Investigation, which resulted in restrictions being imposed on the pledged monetary claim rights transferred to the bank, totaling UAH 1.35 billion. The state bank was also prohibited from taking any actions related to the disposal or transfer of these rights. As a result, the asset pledged to Ukrhazbank as collateral for Yuriy Dubinsky’s company obligations was effectively blocked.
At the same time, the local management of “Socar Ukraine” had previously approached the bank with an offer to purchase the aforementioned claim rights and later initiated their blocking in Dubinsky’s favor.
Dubinsky is employing a common asset-diversion scheme—deliberately bankrupting the debtor to avoid repayment. Considering that 94.94% of the debt is owed to the Ministry of Finance of Ukraine, such actions pose a direct threat to state interests and cause substantial losses to the financial guarantors.