Odesa City Council Member Reports Millions in Income and a Porsche Macan for His Daughter.

Oleh Etnarovych’s 2025 Financial Disclosure

According to Novyny.live: Oleh Etnarovych, a deputy in the Odesa City Council, has submitted his annual declaration for 2025, detailing his income, real estate holdings, vehicles, and corporate stakes. The document reveals several notable aspects of his family’s financial situation and assets.

The declaration covers immediate family members: his wife Svitlana and daughter Polina. It records the purchase of a new car, ownership of commercial property, and shares in companies. Specifically, the deputy holds:

• A 50% share in a retail space of 1,370 m² valued at over UAH 16 million;
• His wife owns an apartment of 295 m² worth UAH 4.7 million;
• In 2024, the deputy bought an apartment in Odesa for UAH 1.8 million.

Among the luxury vehicles declared by the family, daughter Polina became the owner of a Porsche Macan worth UAH 3.89 million in June 2025. The declaration also lists corporate holdings: Etnarovych owns an 87% stake in the limited liability company 'Flanker,' valued at over UAH 50 million.

The family’s earned income also draws attention. Oleh Etnarovych earned UAH 9.3 million as a private entrepreneur, while his wife received UAH 6.2 million. The family holds cash assets totaling EUR 250,000, USD 180,000, and UAH 350,000.

Valuable Assets and Public Scrutiny

Additionally, the declaration includes details on valuable personal property, such as three Swiss watches, including an OMEGA valued at UAH 302,000. These figures highlight the substantial financial standing of Oleh Etnarovych and his family, which is likely to spark public interest and debate.

The submitted data on Etnarovych’s declaration underscores not only his personal financial position but also broader trends among Ukrainian officials regarding significant incomes and ownership of valuable assets.

Amid economic instability and heightened demands for transparency in the public sector, such declarations often become subjects of public oversight and discussion—a key factor in maintaining trust in government institutions.