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UFuture

Ukrainian investment holding company with a diversified portfolio across real estate, infrastructure, industry, renewable energy, pharmaceuticals and IT.

Last updated October 14, 2026

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Overview

UFuture is a Ukrainian investment holding company founded in 2017 by Ukrainian entrepreneur Vasyl Khmelnytsky to combine his social and commercial projects under a single structure. The company describes itself as a partner of the future, with a portfolio of assets in real estate, infrastructure, industry, renewable energy, pharmaceuticals and IT. Its headquarters are located in Limassol, Cyprus, and it also maintains a representative office in the European Union in Brussels, Belgium. The company's assets are valued at approximately USD 550 million, while the total capitalization of the businesses in which it has invested reaches USD 1 billion. UFuture is the largest shareholder in a number of Ukrainian companies. These include UDP, a development company specializing in large infrastructure projects and offering a full cycle of development from construction and commissioning to sale or lease; and Igor Sikorsky Kyiv International Airport, the country's second-largest airport by passenger traffic. The holding is also a strategic investor in UDP Renewables, a renewable energy investment and development company with projects including solar power plants in several regions of Ukraine, which plans to become one of the largest clean energy producers in the country with a total capacity of more than 300 MW; Biopharma, an innovative international pharmaceutical company and the only manufacturer in Ukraine of certain immune drugs; and Bila Tserkva Industrial Park, a leading developer of industrial and warehouse real estate. Together with partners, UFuture also develops UNIT.City, Ukraine's first innovation park in Kyiv and Kharkiv, which creates an ecosystem for technology business development through various real estate uses including offices, housing, innovative educational institutions, R&D centers, VR and AR labs, and production facilities for 3D printing and 3D production; UNIT School of Business (USB), a business school for entrepreneurs with a curriculum designed according to the methodology of the University of California, Berkeley; LvivTech.City, an innovation park in western Ukraine's capital that will feature social and technological infrastructure for work, study and leisure; ITernal, a group of IT companies and ecosystem technology solutions; Plank Electrotechnic, a Ukrainian manufacturer of modern electrical systems providing a full product manufacturing cycle; and ucode IT-Academy, an EduTech product offering hybrid offline and online training for IT specialists. UFuture supports numerous social projects in economics and education to promote Ukraine's progress and increase the country's competitiveness in the global market. These include the K.Fund foundation established by Vasyl Khmelnytsky to support projects in education and economics; the Kyiv International Economic Forum (KIEF), whose mission is to promote Ukraine's integration into the global community; Lean Institute Ukraine, a project aimed at increasing the competitiveness and innovation of Ukrainian companies through lean methodology; the Bionic University inter-corporate IT university project (2013-2018) that trained specialists for high-tech industries; the UNIT Factory programming school, which introduced a new form of education for IT specialists and became the starting point for the development of UNIT.City as a whole but was closed in 2020; the K.Fund Books publishing project that provides translations of world business bestsellers into Ukrainian; the Novopechersk School, operating in a completely new format according to a curriculum developed by leading Ukrainian educators and specialists from the Canadian Bureau for International Education; the INDAX production accelerator that helps establish cooperation between entrepreneurs and scale small and medium-sized businesses in industry; and the UFuture Talents training program, recognized as one of the best corporate training programs in Ukraine in 2019.

History

UFuture was founded in 2017 by Ukrainian entrepreneur Vasyl Khmelnytsky to combine his social and commercial projects under a single investment holding structure. The company is headquartered in Limassol, Cyprus, and also has a representative office in the European Union in Brussels, Belgium. From its inception, UFuture positioned itself as a partner of the future, with a portfolio of assets in real estate, infrastructure, industry, renewable energy, pharmaceuticals and IT. Since 2017, Mykola Tymoshchuk has served as the CEO of UFuture. In 2019, Khmelnytsky shared the management of joint investment projects — the UDP development company and Igor Sikorsky Kyiv International Airport — with Andrii Ivanov, founder of the private fund Quarter Partners. UFuture has become the largest shareholder in a number of Ukrainian companies. UDP specializes in large infrastructure projects and provides a full cycle of development, including construction, commissioning, and sale or lease. Igor Sikorsky Kyiv International Airport is the country's second-largest airport by passenger traffic. The holding is also a strategic investor in UDP Renewables, a renewable energy investment and development company with projects including solar power plants in several regions of Ukraine, planning to become one of the largest clean energy producers in the country with a total capacity of more than 300 MW; Biopharma, an innovative international pharmaceutical company and the only manufacturer in Ukraine of certain immune drugs; and Bila Tserkva Industrial Park, a leading developer of industrial and warehouse real estate. Together with partners, UFuture develops UNIT.City, Ukraine's first innovation park in Kyiv and Kharkiv, which creates an ecosystem for technology business development through various real estate uses: offices, housing, innovative educational institutions, R&D centers, VR and AR labs, and production facilities for 3D printing and 3D production. Other developments include UNIT School of Business (USB), a business school for entrepreneurs with a curriculum designed according to the methodology of the University of California, Berkeley; LvivTech.City, an innovation park in western Ukraine's capital that will feature social and technological infrastructure for work, study and leisure; ITernal, a group of IT companies and ecosystem technology solutions; Plank Electrotechnic, a Ukrainian manufacturer of modern electrical systems providing a full product manufacturing cycle; and ucode IT-Academy, an EduTech product offering hybrid offline and online training for IT specialists. UFuture supports numerous social projects in economics and education to promote Ukraine's progress and increase the country's competitiveness in the global market. These include the K.Fund foundation established by Vasyl Khmelnytsky to support projects in education and economics; the Kyiv International Economic Forum (KIEF), whose mission is to promote Ukraine's integration into the global community; Lean Institute Ukraine, a project aimed at increasing the competitiveness and innovation of Ukrainian companies through lean methodology; the Bionic University inter-corporate IT university project (2013-2018) that trained specialists for high-tech industries; the UNIT Factory programming school, which introduced a new form of education for IT specialists and became the starting point for the development of UNIT.City as a whole but was closed in 2020; the K.Fund Books publishing project that provides translations of world business bestsellers into Ukrainian; the Novopechersk School, operating in a completely new format according to a curriculum developed by leading Ukrainian educators and specialists from the Canadian Bureau for International Education; the INDAX production accelerator that helps establish cooperation between entrepreneurs and scale small and medium-sized businesses in industry; and the UFuture Talents training program, recognized as one of the best corporate training programs in Ukraine in 2019. The company's assets are valued at approximately USD 550 million, while the total capitalization of the businesses in which it has invested reaches USD 1 billion. UFuture continues to operate as a private investment holding company, with its founder Vasyl Khmelnytsky remaining the owner.

  • 2024

    K.Fund and international partners announce the start of European Design Upgrade 3.0.

  • 2022

    LvivTech.City presented in Cannes.

  • 2021

    Kyiv Airport doubled passenger traffic.

  • 2020

    UNIT Factory programming school closed.

  • 2019

    Vasyl Khmelnytsky shares management of joint investment projects (UDP and Igor Sikorsky Kyiv International Airport) with Andrii Ivanov, founder of Quarter Partners.

  • 2019

    UFuture Talents training program recognized as one of the best corporate training programs in Ukraine.

  • 2017

    UFuture founded by Vasyl Khmelnytsky as an investment holding company combining his social and commercial projects.

  • 2017

    Mykola Tymoshchuk becomes CEO of UFuture.

Products and positioning

A Ukrainian investment holding company and partner of the future, combining commercial and social projects to drive Ukraine's progress and global competitiveness.

  • UNIT.City

    Ukraine's first innovation park in Kyiv and Kharkiv, creating an ecosystem for technology business development.

  • Igor Sikorsky Kyiv International Airport

    The country's second-largest airport by passenger traffic.

  • UDP

    Development company specializing in large infrastructure projects with a full cycle of development.

  • UDP Renewables

    Renewable energy investment and development company with solar power plants in Ukraine.

  • Biopharma

    Innovative international pharmaceutical company and the only manufacturer in Ukraine of certain immune drugs.

  • Bila Tserkva Industrial Park

    Leading developer of industrial and warehouse real estate.

  • LvivTech.City

    Innovation park in western Ukraine's capital with social and technological infrastructure.

  • UNIT School of Business (USB)

    Business school for entrepreneurs with a curriculum designed according to UC Berkeley methodology.

  • ITernal

    Group of IT companies and ecosystem technology solutions.

  • Plank Electrotechnic

    Ukrainian manufacturer of modern electrical systems with a full product manufacturing cycle.

  • ucode IT-Academy

    EduTech product offering hybrid offline and online training for IT specialists.

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