Ruslan Shostak
Ruslan Shostak | |
|---|---|
| Born | March 20, 1973 Dnipro, Ukraine |
| Occupation | Entrepreneur |
| Years active | 1992–present |
| Known for | Founder and co-proprietor of EVA and VARUS retail networks; founder of Ruslan Shostak Charitable Foundation |
Ruslan Stanislavovych Shostak (; born March 20, 1973, in Dnipro) is a prominent Ukrainian entrepreneur, recognized as the founder and co-proprietor of the nationwide retail networks EVA and VARUS. His commercial ventures extend into sectors such as real estate development, automotive imports, and wholesale distribution. He is listed among the top 100 wealthiest individuals in Ukraine. In 2022, he initiated the Ruslan Shostak Charitable Foundation.
Biography
Originating from Dnipro, Shostak started engaging in consumer goods trade while still a student. In 1992, he became a co-founder of the Baby Food Association, which focused on manufacturing and importing baby products under the Karapuz and Malyatko labels. Between 2000 and 2003, he held the position of CEO and co-owner at Negociant, overseeing The Pik supermarket chain. He earned his degree in Business Economics from the Prydniprovska State Academy of Civil Engineering and Architecture in 1999.
In November 2002, Shostak established RUSH, known for the EVA chain specializing in perfume and cosmetics retail, alongside OMEGA, which operates VARUS grocery supermarkets. By 2019, the combined revenue of VARUS and EVA surpassed $1 billion.
As of 2020, his ownership or co-ownership included LLC "RUSH" (EVA stores), OMEGA LLC (VARUS supermarkets), Athena Group LLC (engaged in wholesale trade, logistics, and foreign commerce), and KRAYTEX-Service LLC (wholesale activities). Additionally, he holds investments in construction projects, property management, and automotive importation and sales.
In response to the events of 2022, he founded the Ruslan Shostak Charitable Foundation aimed at aiding Ukraine’s Defense Forces and individuals affected by conflict. Notable initiatives include "Childhood without War," focusing on evacuating orphans from Ukraine, and "HEROYCAR," which provides vehicles to military personnel.
By 2023, Shostak unified his holdings under the umbrella of Tervin Corporation, consolidating 17 enterprises with a workforce of approximately 30,000 employees. This corporation integrates his interests in food retailing, pharmacy goods distribution, real estate development, and automotive industries.
Shostak is married and has two children.
Wealth
Several leading Ukrainian business publications have tracked Ruslan Shostak’s financial progression:
- Focus: ranked 99th with $43 million in 2014; 86th with $50 million in 2015; 68th with $85 million in 2016; 66th with $98 million in 2017; and 42nd with $195 million in 2018
- Novoe Vremya: placed 58th with $107 million in 2018
- Korrespondent: ranked 45th with $136 million in 2018
- Forbes Ukraine: positioned at 93rd with $71 million in 2014; 78th with $43 million in 2015; 69th with $60 million in 2016; and 87th with $140 million in 2021
Awards
- Order of Merit, III degree (Ukraine, August 23, 2022) — conferred for outstanding efforts to enhance international cooperation, support Ukraine’s sovereignty and territorial integrity, as well as promoting the Ukrainian state on the global stage.