Korban Hennadij

Biography of Yuriy Korban

Date of birth: 24.05.1970

Place of birth. Education. He was born in Dnipropetrovsk in an engineering family. After finishing high school in 1987, he tried to enter the philosophy department in Rostov-on-Don. However, he was not admitted as the department was considered ideological and required a recommendation from the party organ. After returning to Dnipropetrovsk, he began studying at the metallurgical institute, but quit after a year.

In 1988, he went to the military and served two years as a private in the aviation troops in Melitopol.

In 1990, he was demobilized from the army and went to Moscow to start studying at the Gorky Literary Institute in the department of drama. However, he again dropped out and went to work in a cooperative where his father also worked.

In 1994, he started studying at the Mining Academy and graduated externally in finance and credit. However, he noted that the studies were purely formal, as the curriculum taught Soviet economics that was not related to real life and business practice.

Business. He managed to persuade his parents to purchase a place on the Commodity Exchange in Moscow and worked there for a year as a stockbroker.

In 1992, he returned to Dnipropetrovsk. He was involved in a business related to barter operations: for example, he would buy a barrel from a cardboard factory in Rakhiv and exchange it for butter, which he would transport to Azerbaijan and swap for air conditioners. According to Korban, such social operations brought significant income, allowing him to earn his first serious capital.

In 1994, he founded the investment company 'Slavutych-Capital', which was engaged in purchasing privatization certificates and investing them in shares. During the 1998 crisis, the company went bankrupt.

Korban's activity related to mergers and acquisitions began in 1999 when, at the invitation of Lev Chornyi, he dealt with the privatization of the Mykolaiv Clay Factory: legal support, working with equity, enterprise management. Following were Koksohim named after Kalinin, the factory named after Petrovsky, Bagleysky, Dniprodyzirzhynskyi Koksohim, Southern Stone Processing Plant, Inhulets, Central Stone Processing Plant, oblnenergo from Odesa to Dnipropetrovsk, Ukrnafta, Ukrtatnafta, Odesanftprodukt. Korban's task, as he himself says, was to optimize and establish business processes.

At the end of the 90s, he met Igor Kolomoisky, and in 1999 they began collaborating.

From 2001 to 2010, Korban chaired the supervisory board of the Southern Mining and Enrichment Plant.

He has his own business related to real estate - hotels, centers...