---
title: "The Dispute over Tereblya Salt: Director of \"Kation Invest\" Ignored Court Hearing"
description: "The corporate conflict around \"Kation Invest\" continues: the director missed the court date despite promises, while shareholders accuse him of sabotage and fund diversion."
date: 2026-10-06T06:04:00.000Z
lang: en
url: https://xab.info/en/posts/dispute-over-tereblya-salt-kation-invest
tags: [kation-invest, tereblya-salt, business-conflict, ukraine-economy]
publisher: "XAB.info"
---

# The Dispute over Tereblya Salt: Director of "Kation Invest" Ignored Court Hearing

![Court hearing regarding Kation Invest LLC](https://xab.info/media/2026/10/06/spor-za-tereblyanskuyu-sol-kation-invest/spor-za-tereblyanskuyu-sol-kation-invest-1.webp)

## 🎯 Key Points

- The court hearing for "Kation Invest" LLC has been postponed to November 11, 2026.
- Director Sergiy Kondratyev did not attend the hearing despite inviting the press.
- Investors accuse management of misusing funds and non-transparent product sales.
- Law enforcement is investigating the possible concealment of salt production volumes exceeding 1 million UAH.

The corporate conflict surrounding "Kation Invest" LLC, which is developing the Tereblya salt deposit in the Zakarpattia region, has taken a new turn. Another hearing of the Northern Economic Court of Appeal, where shareholder disputes are being reviewed, has been postponed until November 11, 2026. The situation around the company remains tense due to a lack of consensus between investors and management.

### Director's Absence and Questions for Investors

At the hearing, the interests of the "ECHO" fund were represented by lawyer Vitaliy Kulakov and Valentin Kondratyev. Notably, Sergiy Kondratyev, who holds the position of director, did not appear at the hearing despite previous invitations sent by him to media representatives. Lawyer Kulakov, for his part, claimed that journalists had failed to show up, which caused confusion, as press representatives were present in the hall waiting for a comment from company management.

### Conflict Core and Parties' Claims

Case No. 910/15970/25 concerns the legitimacy of Sergiy Kondratyev's position. In November 2025, the supervisory board dismissed him due to claims regarding financial and economic activities, but the Ministry of Justice later reinstated him. The Kondratyevs describe these actions as an attempted corporate raid. On the other hand, investors, including "YUKON" fund, which invested about 160 million UAH, claim that access to documentation is being blocked and profit distribution remains opaque.

### Contradictory Data

There are serious discrepancies in the assessment of the company's activities. While Sergiy Kondratyev claimed plans to produce 450,000 tons of salt per year, actual figures show stagnation: production was halted as early as March 2024 after extracting about 6,000 tons. Furthermore, pricing raises questions: according to media reports, salt was sold to state contractors at 7,050 UAH per ton, which is 2.5 times higher than the prices the director mentioned in public statements. Law enforcement agencies continue an investigation within the framework of case No. 12023070000000371 into the possible concealment of production volumes.

### Consequences for Energy Security

The Tereblya deposit was considered a strategic import substitution project for "Artemsol". However, protracted legal battles and a lack of unity among owners threaten supply stability. While the company's management changes through court orders, the salt market in Ukraine continues to experience a shortage, and potential production capacities remain unrealized.

## 🔍 Fact-Check Verification

- [Спор за Тереблянскую соль: директор "Катион Инвест" звал журналистов, но сам не пришел в суд](https://www.rbc.ua/ukr/news/dolya-tereblyanskoyi-soli-zavisla-sudah-shcho-1791206492.html) - Основной источник о переносе заседания суда.
- [Инвесторы соледобывающей компании "Катион" обращаются в суд из-за блокирования директором ...](https://ukranews.com/news/1045482-investori-solevidobuvnoyi-kompaniyi-kation-zvertayutsya-do-sudu-cherez-blokuvannya-direktorom) - Подтверждено по источнику ukranews.com
- [Инвесторы «Катион» обращаются в суд из-за блокирования директором работы соледобывающей ...](https://fakty.ua/ru/445781-investory-kation-obracshayutsya-v-sud-iz-za-blokirovaniya-direktorom-raboty-soledobyvayucshej-kompanii) - Подтверждено по источнику fakty.ua
- [Совладельца "Катион Инвест" Сергея Кондратьева обвинили в саботаже работы единственного в ...](https://www.obozrevatel.com/ekonomika-glavnaya/v-ukraine-paralizovali-rabotu-edinogo-mestorozhdeniya-po-dobyiche-soli.htm) - Источник контекста о блокировке предприятия.

## ❓ FAQ

### Q: Why was the "Kation Invest" court hearing postponed?
**A:** The Northern Economic Court of Appeal hearing was postponed to November 11, 2026, due to unresolved procedural issues and the absence of key participants.

### Q: What are the main investor complaints against Sergiy Kondratyev?
**A:** Investors point to blocked access to financial documents, poor production performance, and potential fund diversion through associated companies.