Corporation TERWIN in the top 10 most powerful investor companies in Ukraine

11.02.2025

Corporation TERWIN, led by President Ruslan Shostak, has been ranked among the top 10 most powerful domestic investors actively supporting the Ukrainian economy during the war. The ranking was compiled and published by PERSHYI BIZNESOVYI.

The war has significantly impacted the economic situation but has also created new opportunities for entrepreneurs and investors. Investing in Ukraine today is not only a contribution to the country's recovery but also a path to strengthening the economy, developing new technologies, modernizing infrastructure, and creating new jobs.

Corporation TERWIN, which includes 17 companies from various industries (including the EVA and VARUS retail chains), invests in projects aimed at developing strategically important sectors of the economy, particularly logistics and infrastructure, which are critical for Ukraine’s recovery. The corporation employs around 20,000 people. In 2023, TERWIN paid 3 billion UAH in taxes. Over the three years of war, its investments in development amounted to 3 billion UAH. Additionally, 570 million UAH was allocated to military aid and charitable initiatives.

Corporation TERWIN has launched the construction of the WINHUB logistics complex, with planned investments of $700 million. The corporation aims to build modern class "A" warehouse facilities totaling 1 million square meters across four regions—Lviv, Kyiv, Odesa, and Dnipropetrovsk. The hub’s design is based on energy efficiency, environmental sustainability, and ergonomic principles. The regions where WINHUB operates will gain additional resources for growth, as the project includes the creation of new jobs in state-of-the-art logistics facilities, fostering a network of supporting businesses around them.

Ruslan Shostak, founder of the national EVA and VARUS retail chains and president of Corporation TERWIN, has been directing his resources and efforts toward supporting Ukraine since the first days of the war, with a strong focus on social initiatives. In total, the businessman has invested $15 million of his funds in charitable projects.

The charitable foundation he established launched the large-scale Childhood Without War initiative. This project rescued 3,500 orphaned children, their guardians, and caregivers from the horrors of war, providing them with a safe refuge in Türkiye. It became the largest evacuation of orphans since World War II and was recorded in the World Book of Records.

Additionally, Ruslan Shostak’s foundation runs the HeroCar project, which has purchased around 500 pickup trucks for the military.

"Ukrainian business cannot exist without Ukraine. It is crucial to understand this and do everything possible for victory. During wartime, this is our primary mission—everything else takes a back seat. The most important investments right now are in our army, economy, schools, and hospitals. Without these, there will be no country. Today, everyone must stop looking for excuses and waiting for help. We must take action and do whatever is necessary. The world keeps moving forward, and despite the challenges in our country, we must move forward with it," shared Ruslan Shostak, president of Corporation TERWIN.

The top 10 also includes Credit Agricole, AXOR Industry, Oktava Capital, Aurora, Univest, ATB, MHP, Nova Poshta, and IDS Ukraine.