Private company

KDD Group

Ukrainian real estate development company

KDD Group (Kyiv Donbas Development) is a Ukrainian real estate development company founded in 1993 and registered in the Netherlands. The company was liquidated in 2016 leaving its half-built Sky Towers mixed-use development in Kyiv unfinished. Soon after the company resumed its operation as KDD Ukraine.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1994Founded1

KDD Group (Kyiv Donbas Development) is a Ukrainian real estate development company founded in 1993 and registered in the Netherlands. The company was liquidated in 2016 leaving its half-built Sky Towers mixed-use development in Kyiv unfinished. Soon after the company resumed its operation as KDD Ukraine.2

The story

The company, formerly known as the private joint-stock company "Kiev-Donbass", was founded by Mikhail Grinshpon. Grinshpon headed Kyiv-Donbas until around 1997. Viktor Topolov was also one of the co-founders. The company was engaged in the sale of coal and equipment for Ukrainian mines. Leonid Roytman acted as vice-president of Kyiv-Donbas. Later, Oleg Asmakov became one of the company's major shareholders. In 1999, Asmakov was murdered in Kyiv..

The Kyiv-Donbas holding was also one of the founders of Nadra Bank in 1993.

In 2011, Andriy Verevskyi bought 68.2% of the shares in KDD Group.

From Wikipedia’s article on KDD Group, shared under CC BY-SA 4.0.3

Timeline

  1. 1994Founded Founded1

Sources

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