Pavlo Fuks

Pavlo Fuks

Russian-Ukrainian businessman, founder of the development company Mos City Group.

From 1995 to 1999, Fuks was an adviser to a chairman of the board of JSCB Prominvestbank.

In 1999-2000, Fuks served as the Vice-President of CJSC Foreign Economic Corporation.

In 2002, Fuks became more involved in the construction business. Among his first projects was the construction of the shopping centre Kaluzhskii. In the same year, together with Mykhailo Rudiak, Head of Engeocom, he founded Engeocom-Invest and became the chairman of the board of the newly-established company.  

In 2004-2006, Fuks served as the CEO of JSC TechInvest, his own company.

In 2006 he founded PJSC Mos City Group (MCG).

In autumn 2007, MCG acquired the Aerostar Hotel in the Leningradsky Ave, Moscow.

In 2008, he entered the Management Board of Russian Union of Industrialists and Entrepreneurs.

In 2010, Pavlo Fuks was the largest shareholder of Sovkombank where he owned a 21.83% stake.

In July 2012, Pavlo Fuks purchased a 10.31% share of the bank Pushkino from Oleksiy Alyakin.

The businessman is involved in development, banking, oil and gas.

In late 2017, the Golden Derrick company, which is owned by Fuks, “established more than 15 companies in Kyiv, which indicate exploration drilling and hydrocarbon production as their main activities.” Eventually, the company was renamed to East Europe Petroleum. Its management withdrew all the company’s oil and gas production licences.

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Associated with Kolomoisky

He admitted being Kolomoisky’s partner in MC “Ukrnaftoburinnya”. He had been spotted in Kolomoisky’s office in Israel previously. Fuks communicated that they had been friends for more than 20 years.