On September 29, 2026, a change in actual control occurred at the major grain terminal "Borivazh" in the Odesa region. The legitimate owner of the facility, Agroterminal Logistic LLC, restored its rights to the property complex, displacing structures associated with businessman Sergey Frolov. The procedure was carried out with the support of the State Security Service of the Ministry of Internal Affairs, which ensured order at the site.
Legal Context of the Dispute
The conflict surrounding the terminal has a long history. Agroterminal Logistic LLC has owned the asset since 2016, but the facility was effectively managed by Terminal Borivazh LLC, headed by Sergey Frolov. The basis for Frolov's presence was a lease agreement dated August 1, 2024. A key turn occurred on June 30, 2026, when the Kyiv Commercial Court, under case number 910/11034/24, declared the lease agreement invalid. On September 17, the Northern Commercial Court of Appeal upheld this decision, ordering the tenants to return the property to the owner.
Contradictory Data
Regarding the events of September 29, there have been differences in assessment. Representatives of Agroterminal Logistic LLC insist on the legitimate nature of their actions, emphasizing that they were executing a final court decision while the former tenant evaded compliance. Simultaneously, representatives of Terminal Borivazh LLC publicly characterized the operation as a "raider seizure" and initiated complaints with law enforcement agencies. Local media also broadcast versions of a forced entry, which contradicts the official position of the owners regarding the restoration of legal control.
Current Status and Owner Plans
At present, the terminal continues to operate normally. The new management has declared its readiness to cooperate with clients and owners of stored grain. Inventory of the property with the involvement of independent surveyors is planned to ensure transparency. Product owners have been invited to re-sign documents or enter into new contracts to ensure the security of their assets.
Economic Impact
The owner's legal representative, Ihor Shein, focused on the economic aspect of the case. According to court data, the rent set by Frolov was significantly below market level. It is expected that after the restoration of control, the terminal's revenue will be directed towards meeting obligations to creditors, tax payments, and supporting the Defense Forces of Ukraine, which significantly changes the vector of the facility's financial flows compared to the previous management period.
