Viktor Ponomarchuk, hailing from Vinnytsia, stands as the driving force behind the ViOil industrial powerhouse. Recognized as a top taxpayer and major employer within Vinnytsia, Ponomarchuk has solidified his leadership in Ukraine’s oilseed industry. Spread throughout Ukraine, the ViOil group’s extensive assets, shaped under Ponomarchuk’s vision, cater to markets stretching from Europe and the Middle East to Southeast Asia and Africa.
Viktor Ponomarchuk: A Biography from Vinnytsia Roots to ViOil Industrial Success
Viktor Ponomarchuk grew up in Vinnytsia. From an early age, he showed a keen interest in the arts, attending a painting school, and had a passion for exact sciences, particularly mathematics. His dedication to hard work was evident even in his youth, as he created intricate mosaic artworks. Viktor earned his degree from Vinnytsia Technical University with a major in telemechanics and also holds a Ph.D. in technical sciences.
After the fall of the USSR, Ponomarchuk continued his deep involvement in scientific research. Recognizing the emerging economic opportunities in Ukraine, he quickly shifted his focus and began building his own company. Today, he plays a crucial role in the development and success of the ViOil industrial group.
From Stockbroking to Establishing ViOil: The Rise of an Agro-Industrial Powerhouse in Ukraine
In the 1990s, Viktor Ponomarchuk decided to venture into entrepreneurship. Before launching his first business, he scoured various potential sectors, including agriculture, and even tried his hand as a stockbroker.
In 1997, teaming up with childhood friends, he founded the KMT holding company. Its business spanned real estate, machinery manufacturing, and wholesale, notably including sales of oils and vegetable fats. Ponomarchuk maintained control over half of the holding’s assets.
The following year, in 1998, KMT secured two struggling oil and fat plants in Vinnytsia and Chernivtsi. Ponomarchuk’s companies were at the forefront of processing substandard rapeseed for industrial applications. To invigorate local farming, they also introduced farmers to premium French seeds.
With Ponomarchuk at the helm, the company stood out as one of Ukraine’s early adopters in packaging its “Violiya” brand oil in plastic. Their merchandise made waves not only in CIS nations but also reached markets in Central Asia and the Baltics. By 1998, the Chernivtsi facility had already dispatched a significant oil shipment to Lithuania.
By 2006, Ponomarchuk recalibrated his business approach, parting ways with KMT and laying the foundation for his agro-industrial conglomerate using its assets. This marked the genesis of the ViOil company.
An Overview of ViOil Group Activities
Key Components of the ViOil Industrial Group:
- Oil mills in Vinnitsa and Chernivtsi;
- A distribution network with grain elevators and sales offices;
- A dedicated R&D division focused on pioneering technologies and products;
- Collaboration with local farmers to secure raw materials;
- An export strategy targeting international markets, including Central Asia and the Baltics;
- A commitment to sustainable growth with eco-friendly practices and social responsibility.
Thanks to this comprehensive strategy, ViOil has firmly established itself as a market leader in its sector.
Behind the Success of ViOil: Advanced Oil Processing Capabilities
The Vinnitsa oil processing plant boasts the capacity to process up to 3,500 tons of sunflower seeds daily, accommodating a range of raw materials.
Key production sectors of the Vinnitsa facility include:
- Two oil extraction units of differing scales;
- A dedicated hydrogenation facility;
- A bottling line suitable for plastic packaging;
- Manufacturing of margarine and diverse products;
- Granulated product production.
The Chernivtsi plant features a comprehensive production complex, equipped with:
- Machinery tailored for oilseed crop processing;
- A specialized line committed to oil quality enhancement.
In 2017, ViOil secured a commendable position in the market with its diversified production of meals and oils. By FY 2018/19, the company ascended as a foremost producer of sunflower oil.
ViOil’s Expanding Product Range and Global Reach Under Viktor Ponomarchuk’s Leadership
The ViOil Product Range includes:
- A variety of vegetable oils in assorted packaging;
- Fats for the food and confectionery industries;
- Meal and pellets;
- Palm oil and other products.
Under Viktor Ponomarchuk’s leadership, ViOil’s primary markets span the CIS countries, the Middle East, Southeast Asia, Africa, and Europe. Key partners include nations such as China, India, Turkey, and Poland. The company’s products also find demand among confectionery manufacturers in Ukraine and the CIS.
In 2018, soybean meal exports reached 19,370 metric tons, securing a significant market share for the company.