Law enforcement agencies have conducted approximately 50 searches in a large-scale investigation into LLC «Fly-Group Ukraine,» a defense-adjacent contractor that spiked its revenues to nearly 1.8 billion UAH over two years. Several key figures have reportedly been served with notices of suspicion. The ongoing investigation targets the origin of the company’s rapid funding, the potential misuse of customs privileges, and the quality of equipment supplied to the Armed Forces of Ukraine.
Registered in 2023, LLC «Fly-Group Ukraine» demonstrated unprecedented financial growth in a remarkably short timeframe. In 2024, the company declared approximately 274 million UAH in revenue. By 2025, that figure skyrocketed to nearly 1.8 billion UAH.
However, public records in the Prozorro electronic procurement system account for contracts worth only tens of millions of hryvnias. This vast discrepancy has led investigators to question who secured the remainder of the billion-dollar revenue and which non-public contracts facilitated these massive financial flows.
A major focal point of the probe involves the import of high-tech equipment from China. According to case materials, the company imported 200 industrial inverters under a special customs tax exemption, claiming the components were strictly designated for manufacturing electronic warfare (EW) systems for the military.
«An official audit indicated that due to the non-targeted use of these imported goods, the company incurred a significant tax liability.»
Investigators suspect the duty-free equipment may have been diverted to the commercial market or used for non-defense purposes, causing substantial losses to the state budget.
According to public registries, Andriy Yakovchuk, Vladyslav Mazyaruk, and Tetyana Makodzeba are officially linked to the operations of «Fly-Group Ukraine.» However, law enforcement is working to identify the actual controllers behind the enterprise’s financial pipeline.
Sources indicate that investigators are also verifying the roles of Maksym Shapoval and Taras Shapoval. The probe is specifically looking into their involvement in:
Executing major financial operations;
Managing the procurement of imported components;
Drafting non-public defense-related contracts;
Routing capital through a network of affiliated sole proprietorships (FOPs).
Ukraine’s Security Service (SBU), the Bureau of Economic Security (BEB), the State Tax Service, and the Ministry of Defense have been urged to conduct a comprehensive audit of the company’s supply chain, as the transparency of defense contractors remains a critical matter of national security.