The so-called “Yanukovych’s helicopter pad” (the congress and exhibition complex Parkovyi) has been transferred to Kyiv municipal enterprise Center for Traffic Organization for management. On 26 October 2018, representatives of Asset Recovery and Management Agency, Prosecutor’s Office of Kyiv and the manager selected at a competition signed the papers. 

Head of the Asset Management Directorate under the ARMA Vitalii Riznyk said:

“Management of assets aims at ensuring efficiency, which means that the manager will generate revenue from the assets at least to maintain the facilities. If possible, the manager will really be provided with remuneration in accordance with the terms of the agreement. The remainder will go straight to the national budget.”

If possible, the manager will really be provided with remuneration in accordance with the terms of the agreement. The remainder will go straight to the national budget.

Head of the Asset Management Directorate under the ARMA Vitalii Riznyk

The municipal authorities are planning to use the facilities for cultural purposes, and the helicopter pad itself – for the needs of medical aviation.

As a reminder, the company that would manage the facility was selected on 11 October. In the summer of this year, Holosiivskyi district court of Kyiv granted ARMA management rights. The owner of the seized property is TOV AMADEUS CO, which has ties to ousted president Viktor Yanukovych. The company is now trying to dispute the ruling to transfer the facilities under ARMA’s management.