Odessa City Council Member Reports Over $1 Million in Income and $50,000 in Cash.

MP declared million in income
MP declared million in income

Oleh Zvyahin’s 2025 Declaration

According to Novyny.live: Oleh Zvyahin, a deputy in the Odesa City Council, has submitted his annual financial declaration for 2025, detailing his income, real estate holdings, and vehicles. This document provides a snapshot of the financial standing of both the official and his family, including the assets they own.

Real Estate and Cars

According to the declaration, Zvyahin possesses an apartment measuring 115.2 square meters, which is registered under another individual’s name. The property’s purchase price was 2,020,223 Ukrainian hryvnias. The Zvyahin household also owns three vehicles:

  • A 2017 Toyota RAV4
  • A 2017 Nissan Murano
  • A new 2024 BYD Song Plus, valued at 935,200 hryvnias

Business Interests and Earnings

Zvyahin holds a 33.4% stake in the company 'Electromobili,' valued at 133,600 hryvnias. This reflects his involvement in the electric vehicle sector, a field gaining traction amid growing environmental concerns.

His primary annual income amounts to 1,114,979 hryvnias. In addition, he reported supplementary earnings, including:

  • A part-time salary of 10,206 hryvnias
  • Cashback and bonuses totaling 2,034 hryvnias
  • Other payments amounting to 1,261 hryvnias

Zvyahin’s wife earned 460,000 hryvnias from the sale of movable property. The declaration also notes that Zvyahin personally holds $50,000 USD and 320,000 hryvnias in cash, while his wife has €42,000 and $18,400 USD in bank accounts.

Background on Zvyahin

Born in Odesa in 1985, Oleh Zvyahin has served as a member of the Odesa City Council since 2010, marking a lengthy political career and active role in local governance. His 2025 declaration underscores the financial transparency of the deputy and his family, as well as their contribution to the local economy through business ventures.

Submitting this declaration highlights the significance of financial openness for Ukrainian public officials, enabling citizens to scrutinize their wealth and potential conflicts of interest. Zvyahin’s involvement in the electric vehicle business may signal his commitment to eco-friendly technologies, a key consideration in the ongoing shift toward sustainable development.

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