Artur Granz Explained

Arthur Granz
Birth Name:Arthur Gurgenovich Granz
Birth Date:5 May 1971
Occupation:businessman
Known For:co-owner of BF&GH Travel Retail Limited, publisher of Forbes Ukraine

Arthur Granz (Patronymic: Gurgenovich; born May 5, 1971) is a businessman, co-owner of BF&GH Travel Retail Limited,[1] publisher of Forbes Ukraine.[2]

Early life

He was born on May 5, 1971. He graduated from the Belarusian State University in Minsk.[3] He has been doing business in Ukraine since 2006.[4]

Business activities

BF&GH Travel Retail Limited

Grants is a co-owner of the largest Ukrainian chain of duty-free stores BF&GH Travel Retail Limited,[5] which is a part of BF Capital Group.

In 2014, the company won tenders for a ten-year lease of 15 thousand square meters in terminals D and F of Boryspil airport.[6] BF&GH Travel Retail Limited is an operator of duty-free stores in Boryspil and Zhuliany international airports in partnership with the German company Gebr. Heinemann.

During the period of cooperation between BF&GH Travel Retail Limited and Gebr. Heinemann, about UAH 1 billion of taxes and social payments, and about UAH 2.7 billion for renting space at the airports of Kyiv and Odesa have been paid in Ukraine.[7]

In 2021, it became known that BF&GH Travel Retail Limited would take on lease part of the terminal of Lviv Airport.[8]

According to Artur Grants, despite the corona crisis,[9] [10] the companies BF&GH Travel Retail Limited and Gebr. Heinemann paid UAH 177 million in taxes in 2020 and UAH 182 million for 8 months of 2021.[11] About 800 jobs have been createdsince the company was founded.[12]  

Forbes Ukraine

He has been the publisher of Forbes Ukraine magazine since spring 2020. The right to publish the magazine received the Uyavy! LLC, the ultimate beneficiaries of which are Grants and Volodymyr Fedoryn (editor-in-chief of the previous version of Forbes Ukraine).[2]

In 2023, the Forbes Ukraine team received the Forbes Courage Award for resilience, courage and adaptability.  The award was presented during the ninth Forbes Global Partners Summit in New York.[13]  In April 2024, Forbes Ukraine notified about the appearance of biased materials against the magazine and Artur Grants in particular on the web and Telegram. Forbes Ukraine emphasized that its team is building a transparent and honest media business that adheres to the standards of quality journalism.

According to Volodymyr Fedoryn, the magazine's team makes every effort to bring victory closer through professional work and support of the unity of the country's patriots.[14]

In particular, Forbes Ukraine allocated UAH 5 million for grants for entrepreneurs working in the frontline areas.[15]

Forbes Ukraine noted that Artur Grants insisted on payment of exclusively officially shown salaries and compliance with all requirements of the Ukrainian laws from the very beginning of the project. As Volodymyr Fedoryn explained, this is an important contribution to the business model of the Ukrainian media industry, where two thirds of expenses are usually expenses on personnel.[14]

Notes and References

  1. Web site: Один зі світових лідерів ринку travel retail відзначив 11-річчя роботи в Україні. Ukrainska Pravda. epravda.com.ua. 2021-09-22.
  2. Web site: UYAVY! Is The New Publisher Of Forbes Ukraine. Forbes. forbes.com. 2020-03-30.
  3. Web site: Артур Гранц.
  4. Web site: Власник "Креатива": Я готовий продати свою частку хоч завтра. Ukrainska Pravda. epravda.com.ua. Andrii Samofalov. 2016-03-22.
  5. Web site: Король Duty Free. Как живет и на чем зарабатывает Артур Гранц. Liga.net. biz.liga.net. Andrii Samofalov, Denys Katsylo. 2019-10-17.
  6. Web site: У терміналі для лоукостерів аеропорту Бориспіль відкрився перший duty free. The New Voice of Ukraine. biz.nv.ua. 2020-03-02.
  7. Web site: Один зі світових лідерів ринку duty-free Gebr. Heinemann святкує 11 років роботи в Україні. The New Voice of Ukraine. biz.nv.ua. 2021-10-15.
  8. Web site: Компанія "короля Duty Free" Артура Гранца виграла конкурс в аеропорту Львова. Liga.net. biz.liga.net. Yuri Tarasovskyi. 2021-12-09.
  9. Web site: Лидер travel retail торговли Gebr. Heinemann отметил 11 лет работы в Украине. UNIAN. unian.net. Hryhorii Bondar. 2021-09-22.
  10. Web site: Гігант travel retail-торгівлі Gebr. Heinemann відзначив 11 років на українському ринку. Censor.net. censor.net. uk. 2021-09-22.
  11. Web site: За 11 років співпраці Gebr. Heinemann і BF&GH Travel Retail в бюджет України було сплачено близько 1 млрд грн податків. Segodnya. segodnya.ua. 2021-09-22.
  12. Web site: Компанія, що управляє магазинами duty-free, відзначила 11 років роботи в Україні. RBC-Ukraine. rbc.ua. 2021-09-22.
  13. Web site: Forbes Ukraine отримав відзнаку за сміливість від американських колег. Forbes Ukraine. forbes.ua. 2023-10-16.
  14. Web site: Заява керівника проєкту Володимира Федоріна у зв’язку з кампанією проти Forbes Ukraine. Forbes Ukraine. forbes.ua. 2024-04-30.
  15. Web site: Незламний бізнес. 5 000 000 грн на гранти для підприємців, що працюють на прифронтових територіях, від Forbes Ukraine та PIN-UP. Forbes Ukraine. forbes.ua. 2024-03-18.