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British billionaire family fights battle for control of one of Ukraine's largest water companiesPhoto by jarmoluk on Pexels
Business
Украина

British billionaire family fights battle for control of one of Ukraine's largest water companies

RTP Notícias7 September 2026 at 11:20

The British billionaire family is involved in a battle for control of IDS Ukraine, one of Ukraine's largest water companies. The company was frozen by Ukrainian authorities after the Russian invasion of February 2022, for being associated with Russian investors. This situation put the British family in conflict with local authorities over the ownership and management of the company. The case illustrates the complex issues of ownership and security that arose in Ukraine since the start of the Russian invasion, when assets associated with Russian interests were frozen or confiscated by the Ukrainian government.

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