Volodymyr Petrenko
Volodymyr Petrenko | |
|---|---|
 | |
| Born | 1978 (age 1978 (age 47–48)) |
| Occupation | Entrepreneur |
| Years active | 2003–present |
| Organization | UPG Group |
| Known for | Founder and owner of UPG Group |
| Title | Founder and Owner of UPG |
| Children | 3 |
Volodymyr Petrenko (born 1978, Zhytomyr Oblast, Ukraine) is a Ukrainian entrepreneur, best known as the founder and owner of the UPG Group of companies, which includes the UPG filling station network.[1][2]
Biography
Petrenko began his entrepreneurial career in 2003 by establishing the "Ukrpaletsystem" company in Korosten. The business initially specialized in woodworking and manufacturing pallets for export to the European Union.[3][4]
In 2005, he pivoted the business toward trading petroleum products. Petrenko purchased his first petroleum storage depot in Korosten in 2006, and opened the first UPG-branded filling station in 2007, marking the beginning of the retail network.[5]
Between 2011 and 2021, the company expanded its logistics infrastructure, establishing a network of bulk fuel terminals and its own fleet of fuel tankers. In 2015, UPG opened its first large-scale filling complexes in Kyiv.[6]
In 2023, the group expanded into international logistics by purchasing sea and land fuel terminals in Poland for storing and transshipping petroleum products, enabling direct imports from the EU and the United States.[7][8]
In 2020 and 2021, UPG was included in the list of the 100 largest private companies in Ukraine by Forbes Ukraine.[9] In 2025, the company ranked 22nd in the magazine's "202 Business Champions" list, and Petrenko was nominated for the Forbes "Entrepreneur of the Year 2025" award.[10]
Following regulatory approvals from the Antimonopoly Committee of Ukraine in 2025, UPG significantly expanded its footprint by acquiring and leasing a total of 447 filling stations previously operated under the ANP and Avias brands, positioning the company among the top three largest fuel networks in Ukraine.[11][12]
In 2026, for his contributions to the national economy and rebuilding the country's fuel infrastructure during the war, Petrenko was honored as a laureate of the "UP 100. Business" awards in the "Energy" category.[13]
Personal life
Petrenko is married and has three children.
References
- ↑ "Volodymyr Petrenko, UPG: If we earn one and a half hryvnias per liter, we are happy". rau.ua (in Ukrainian). 25 October 2025. Retrieved 2026-07-15.
- ↑ "Volodymyr Petrenko — founder of the UPG filling station network | Owner of UPG | NaftoRynok". www.nefterynok.info (in Ukrainian). Retrieved 2026-07-15.
- ↑ "Phoenix on the fuel market: how the UPG filling station network restored its business destroyed on February 24". forbes.ua (in Ukrainian). 14 March 2023.
- ↑ "Петренко Володимир". Latifundist.com (in Ukrainian). 2023-04-28. Retrieved 2026-06-19.
- ↑ BrandVoice, Forbes (16 January 2023). "How UPG rebuilt its destroyed business and prevented a fuel shortage". Forbes.ua (in Ukrainian). Retrieved 2026-07-15.
- ↑ "UPG opened a filling complex on Okruzhna". enkorr.ua (in Ukrainian). Retrieved 2026-07-15.
- ↑ "UPG Group acquired a terminal for storage and transshipment of petroleum products in Poland". TSN.ua (in Ukrainian). 5 January 2023. Retrieved 2026-07-15.
- ↑ "Expansion of the UPG network: new CEO, lease of gas stations, and jobs | NaftoRynok". www.nefterynok.info (in Ukrainian). Retrieved 2026-07-15.
- ↑ Ukraine, Forbes (13 October 2021). "100 Largest Private Companies of Ukraine 2021". Forbes.ua (in Ukrainian). Retrieved 2026-07-15.
- ↑ Ukraine, Forbes (2025-11-28). "Forbes представляє кандидатів на звання «Підприємець року 2025»". Forbes.ua (in Ukrainian). Retrieved 2026-06-19.
- ↑ "UPG received permits for the lease and purchase of a total of 447 ANP and Avias gas stations | NaftoRynok". www.nefterynok.info (in Ukrainian). Retrieved 2026-07-15.
- ↑ Федорін, Олександр Пикало, Володимир (2025-10-31). "UPG вийшла до трійки найбільших мереж АЗС. Як компанії вдається активно зростати в умовах повномасштабної війни". Forbes.ua (in Ukrainian). Retrieved 2026-06-19.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ↑ "UPG founder Volodymyr Petrenko became a laureate of the "UP 100. Business" award". NV (in Ukrainian). 19 June 2026. Retrieved 19 June 2026.