Owner of OKKO fuel stations mulls EUR 500mln investment into constructing resort in Ukrainian Carpathians

Owner of OKKO fuel stations mulls EUR 500mln investment into constructing resort in Ukrainian Carpathians

Vitaliy Antonov, owner of Concern Galnaftogaz, plans to build a year-round resort in Slavske village of Lviv region

Businessman Vitaly Antonov, who owns OKKO fuel stations, plans to invest EUR 500mln into a year-round resort in Slavske village of Lviv region to compete with the local major resort Bukovel in scale of the territory and length of the ski runs. To note, Bukovel is associated with a domestic tycoon Igor Kolomoisky (Ihor Kolomoys'kyy). 

Starting this year, the company OKKO-Retail, which is a part of Concern Galnaftogaz, has changed the registration of the legal entity from Lviv to Slavske and now pays taxes to the budget of the village.

The company pays about UAH 3.2 million to Skole district budget monthly, told Mikhael Luchinets the deputy of Skoliv district council. Mikhael Luchinets also revealed that the investor plans to build the infrastructure and a summer-winter recreation complex.

OKKO Group does not deny that they are considering the possibility of investing into Slavske's tourism infrastructure. The company has a master plan made by an Austrian company, according to the press service of OKKO group of companies. At the moment, the project is at the stage of a feasibility study.

Гора Тростян, Славское

Mount Trostian, Slavske

According to the preliminary feasibility study, the length of the ski runs will be about 75 km.

The company does not intend to provide the entire amount of investments but expects some co-investors to join the financing of the project. The construction period can take up to three years.

The first stage of the project is planned to be put into operation in 2019, as the company has already obtained a 30 years land lease agreement near the mountain group close to the villages of Nizhnia Rozhanka and Verkhnia Rozhanka.

The following mountains and territories will be used by the ski resort ─ Trostyan, Vysoky Verkh (Volosyanka), Pogar (Slavske), Zakhar Berkut, Chorna Ripa up to Yalynkuvate, Upper Rozhanka and Nizhnia Rozhanka.

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