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The Next Chapter: Aleksandr Katsuba’s Post-Naftogaz Journey

Let’s begin from the beginning. Many Ukrainian businesspeople developed their professional abilities in government-run firms before using this knowledge to launch their own companies. One such person is Aleksandr Katsuba, a 36-year-old business owner.

A family with similar views

Aleksandr Katsuba’s career was advanced by his illustrious family of businesspeople and public officials. Aleksandr was born in Kryvyi Rih but was reared in Kharkiv, his parents’ hometown, because his father, Vladimir Katsuba, was in the military at the time of his son’s birth. 

His father, mother, and older brother all started businesses and, to some extent, entered politics at the time, so it was a new environment for his family. Father Vladimir and Brother Sergei, specifically, have each previously served as a deputy for the Ukrainian people at least once. Aleksandr set his sights on the business sector because he was the family’s youngest.

As a result, the ambitious businessman began gaining his first experiences within the corporate structures of his family businesses in 2003. He then enrolled in the Karazin Kharkiv National University, from which he earned a degree in 2008. Aleksandr completed his secondary school in 2009 by earning a degree in legal affairs from the Yaroslav Mudriy National Law University.

Based on his work with Ukraine’s Naftogaz, that period was a significant turning point in Alesander Katsuba’s life.

The “Gas Milestone”

Aleksandr Katsuba left the family business in 2010 after seven years of service and went on to work for PoltavGazDobycha, a division of the UkrGasVydobuvannya state firm. He started out as the Deputy Director for Economic Activities at the beginning of his very brief tenure in the gas sector.

By September of the same year, OJSC State Joint-Stock Company “Chernomorneftegaz” promoted Katsuba to the position of Deputy Chairman of the Board. The corporation was actively exploring gas reserves in Crimea and on the Black Sea shelf. The company increased gas production from 1.1 billion cubic meters to 2.4 billion cubic meters during Katsuba’s tenure there.

In December 2012, Katsuba was appointed Deputy Chairman and a member of the board of Ukraine’s Naftogaz, indicating that his contribution to the company had apparently been deemed acceptable for promotion. The “gas milestone” of Katsuba’s life reached its apex during this time, and a year and a half later, in the summer of 2014, the driven businessman permanently left the sector.

Aleksandr Katsuba started a brand-new IT company straight away after quitting the gas industry in 2014, defying the typical propensity of former managers of state businesses to stick in their customary field and capitalize on long-standing relationships. In particular, he established a well-regarded business in Sri Lanka, Vietnam, and other Asian nations, as well as in Ukraine, specializing in the creation of microcrediting software solutions.

For instance, Katsuba’s IT business offers microcredits with a maximum maturity of 7 days. By 2019, Katsuba’s IT company had a total market value of $15 million. We are certain that a well-known businessman named Sergei Tigipko had to spend $3 million in order to purchase 20% of the company.

But the businessman was simply picking up steam and quickening his pace. He acquired Avtobazar and Autocentre, two of the largest automotive internet publication companies in terms of audience reach, in 2021. Alexander outlined his reasons for making the choice, including his steadfast aim to establish a car leasing company that looks out for both owners and their vehicles.

Still far from politics, but active socially

Aleksandr Katsuba isn’t very interested in politics, despite the fact that his father and older brother were once people’s deputies in Ukraine. Despite the fact that he served as a Kharkiv City Council representative for five years, from 2010 to 2015.

But ever since the war broke out, all of his goals have been focused on supplying the Ukrainian Armed Forces. Aleksandr buys military pickup trucks with his own money and even finances the improvised construction of KRAZ trucks with self-propelled cannons.

What does Aleksandr Katsuba’s future hold? We can only speculate, but it will undoubtedly be full of risky choices, commercial objectives, and creative aspirations.

Editorial Team

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