Member of the National Commission for State Regulation of Energy and Utilities (NCRECU) Kostyantyn Ushchapovsky declared an IWC luxury watch, a Tesla Model X and over $837,000 in savings. The editorial office of 368.media learned about this from his declaration.
Ushchapovsky is a former director of NEC Ukrenergo (2014–2015), appointed a member of the NCRECU in 2021. In 2022-2024, he headed the commission, commenting on critical issues of tariffs and restoration of the power system during the war.
The main income for 2024 is 3.17 million hryvnias in salary from the NCRECU and 158 thousand hryvnias in interest from OTP Bank.
Property in Kyiv:
Shared apartment with sister 303.8 m² (acquired in 2008, then cost 3.25 million hryvnias);
Apartment 68.5 m² in joint ownership with mother;
Parking space 17.3 m² (2008, 100 thousand hryvnias).
Valuable movable property: IWC Portugieser Perpetual Calendar watch (cost of new models – from 40-50 thousand dollars depending on the material).
Transport:
Tesla Model X (2020), purchased in the year of manufacture for 2.87 million hryvnias
ATV BRP Outlander max XT 650 (2011) for 127 thousand hryvnias
Cash assets (mainly in OTP Bank and PrivatBank):
Deposits and accounts for 302 thousand dollars and 4.8 thousand euros
Cash 535 thousand dollars
