You're reading: Bne IntelliNews: Kolomoisky’s company wins Defence Ministry contract despite high price

Ukraine’s oil company Ukrtatnafta, which is controlled by oligarch Ihor Kolomoisky, has won a tender to supply the Ministry of Defence with 3,500 tonnes of aviation fuel despite asking a price that was almost a third higher than the lowest offer and the highest price of all the offers in the tender process. According to the Ukrainian industry publication Enkorr, this deal was the first contract signed between the Ministry of Defence and the Privat group, which belongs to Kolomoisky and holds Ukrnafta’s shares, in the last 5 years, when the online ProZorro system was launched in 2015.

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