KyivPost

#12 Richest: Vitaliy Haiduk, 53

Print version
Dec. 17, 2010, 2:51 a.m. | Ukraine — by Kyiv Post

PHL

Kyiv Post

$914 million
Married with one son and one daughter
Interests: metallurgy, business, politics Vitaliy Haiduk is a native of Donetsk who held a number of high government posts during the 2000s, most recently working as an adviser on energy to former Prime Minister Yulia Tymoshenko.

He sold his stake in Industrial Union of Donbass (IUD) to Serhiy Taruta and Oleg Mkrtchan, who then sold a majority stake in the company to new Russian investors.

“I don’t have any connection with the subsequent deals,” Haiduk said, when asked to comment on the deal with the secretive buyers.

I don’t have any connection with the subsequent deals.”

-Vitaliy Haiduk.
It looks like he got out at the right time, as they continued to struggle to pay off debts incurred to push through modernization of the company’s plants.

Haiduk has had a quiet year, with his old allies, who also include ex-President Viktor Yushchenko, out of power.

Haiduk first studied engineering during the 1980s at the Donetsk State Polytechnic Institute, and later earned an advanced degree in economics and management.

He served as deputy minister and minister of fuel and energy from 2000 under former President Leonid Kuchma, who in 2002 promoted him to deputy prime minister.

Under former President Viktor Yushchenko, he headed the country’s National Security and Defense Council from October 2006 to May 2007.

He started his political career in Donetsk during the 1990s as a deputy to the Donetsk Regional Council and helped create and manage the operations of the Party of Regions during the early 2000s.
The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.

KyivPost

© 1995–2014 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.