Aerok revived: Butkevych restored the old assets of Russian oligarch Molchanov

Is Aerok back on the market?

Journalists have recorded the sale of aerated concrete blocks produced by a company that was recently under sanctions due to ties to Russian oligarch Andrey Molchanov. The enterprise, which has two factories in the Kyiv region, was nationalized and put up for sale in December 2024. It is known that the new owner was businessman Gennady Butkevych, co-owner of the ATB chain.

This asset was nationalized in August 2023, and even then there were suspicions about the possible resumption of production to circumvent sanctions.

From sanctions to sale for UAH 1.89 billion

The return of Aerok to legal activity became possible thanks to the auction of the State Property Fund, which took place on December 19, 2024. The highest price offer of 1.89 billion hryvnias came from Trident Geoinvest Ukraine LLC, the beneficiary of which is Gennady Butkevych.

On January 23, 2025, the company paid the full price for Aerok LLC, and in March the Antimonopoly Committee of Ukraine approved the deal, allowing the new owner to become the complete owner of the enterprise.

Rebranding under the name Poriston?

In October 2025, aerated concrete production reappeared, the packaging of which indicates a new brand – Poriston. The official website states that PORISTON is the successor to the AEROK company, which previously held leading positions in the market.

Interestingly, the new company emphasizes that it retains the experience of the former team, claiming that their specialists thoroughly know the processes of producing aerated concrete. This raises the question of who remained to work in the company after the change of ownership, and which individuals continue to hold management positions.

The history of Aerok: from war sponsorship to nationalization

Aerok specialized in the production of aerated concrete blocks and had three factories in Ukraine, including facilities in the Kyiv region. In May 2022, after investigations by journalists, law enforcement agencies began inspections, revealing that the company was financing military actions against Ukraine.

The SBU imposed sanctions on the company, and in August 2023, two of its factories were nationalized.

Attempts to return and alleged opaque schemes

Journalists identified several attempts by the former management to regain control of the business. In September 2023, it was noted that the former head of the company, Belarusian Dmitry Rudchenko, could resume certain operations, operating abroad.

In early 2024, there were reports of negotiations between representatives of the former Aerok company and the State Property Fund of Ukraine.

StopCor continues to monitor the situation surrounding the company, which is undergoing rebranding under the Poriston brand. Transparency of personnel decisions and the absence of links to the past associated with financing aggression are critical to restoring public trust in the new company.