Ukraine seeks to seize water company owned by billionaire family of British theatre mogul
Ukrainian authorities are attempting to seize a stake in a major bottled water company, IDS Ukraine, due to its partial ownership by a Russian oligarch under sanctions. The move is complicated by the involvement of a British-Georgian family who also hold a significant stake in the firm.
Why it matters
The case highlights the legal and bureaucratic complexities Ukraine faces in purging Russian-linked assets from its economy during the ongoing conflict.
The Patarkatsishvili family own a 34% stake in one of Ukraine’s main producers of bottled mineral water. The Patarkatsishvili family own a 34% stake in one of Ukraine’s main producers of bottled mineral water. Ukraine Ukraine seeks to seize water company owned by billionaire family of British theatre mogul Row centres on stake held by Patarkatsishvili family in bottled water firm it jointly owns with Russian oligarch
Prefer the Guardian on Google A British theatre impresario and her billionaire family are embroiled in a bitter dispute with Ukrainian authorities seeking to seize a water company they jointly own with a Russian oligarch.
The row centres on a 34% stake held in the producer of Ukraine’s biggest bottled water brands by the Patarkatsishvili family, including Liana Patarkatsishvili, who recently worked on an immersive show with Toby Jones and Meera Syal.
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