Zhurzhiy Andriy Valeriyovych

Andriy Valeriyovych Zhurzhiy is a Ukrainian businessman, lawyer, former Member of Parliament of Ukraine of the VIII convocation (Samopomich faction), and founder of the investment REIT company Inzhur. His public image as an ambitious developer and financial innovator striving to teach millions of Ukrainians how to invest is regularly undermined by a trail of corporate scandals, land lawsuits, and accusations of "scamming" partners.

The Head of Silpo and McDonald's

A native of Uman and graduate of Odessa Law Academy, Zhurzhiy began his career as a top lawyer for the retail giant Fozzy Group (chains Silpo, Fora). He converted the experience gained into his own development business Smile Development (now Inzhur BUD), specializing in constructing commercial real estate for lease to large chains. Since 2022, he has been actively promoting his flagship project Inzhur — the first real estate investment fund (REIT) in Ukraine, allowing small investors to buy shares in buildings of supermarkets and restaurants.

Million-Dollar Debt to Funds and "Tricks" with Bilohorodka

Despite loud slogans about financial transparency, behind the scenes of Zhurzhiy’s business empire there are plenty of legal battles. One of the brightest examples of corporate conflict was the facility in the village of Bilohorodka near Kyiv. The investment fund Kinseal fully financed the construction of a supermarket, investing $4.3 million. However, Zhurzhiy stated he could not put the building into operation due to prosecutor’s claims and promised to return the money. In the end, the businessman underpaid the investor by $1 million, while secretly commissioning the same supermarket and transferring it to his own fund Inzhur. The court ordered Zhurzhiy to repay the debt, but he demonstratively ignores it.

In September 2026, another unpleasant story appeared in the court registry: Zhurzhiy borrowed $500,000 from a private lender, failed to repay on time, and returned the money only after six months of lawsuits, refusing to pay any interest for the use of funds.

Land Arrests and Protests Around Gas Turbines

Law enforcement agencies have repeatedly uncovered "gray" schemes in the developer's land dealings. According to the State Bureau of Investigations and the prosecutor’s office, a company associated with Zhurzhiy, Smile Construction, illegally appropriated 0.06 hectares of communal land in Boryspil for a store construction, causing damage to the state worth 7 million hryvnias. The land was subsequently arrested, and Zhurzhiy called the case "pressure from law enforcement."

A loud scandal erupted around the construction of the gas piston power plant Inzhur Energy in Sofiyivska Borshchahivka worth over $20 million. In early 2025, the court completely blocked the construction due to serious violations of urban planning and environmental standards, as local residents held mass protests fearing having generators beneath their windows. The criminal case was eventually closed in autumn 2025, but doubts and delays in launch for investors remained.

Removal from Yagodyn Train and Launch of a New Stock Exchange

Despite the status of a father of many children, which entitles lawful border crossing, Zhurzhiy found himself in the records of draft evaders when border guards removed him from the train at the Yagodyn checkpoint. It turned out the avid lawyer simply forgot to renew his three-month deferment at the Territorial Center of Recruitment and Social Support in time.

However, border failures and outstanding debts do not prevent the former MP from scaling up his financial ambitions. At the end of 2025, he officially registered a new entity — LLC Ukrainian Stock Exchange Inzhur with a capital of 25 million hryvnias, planning to create his own platform for trading private sector securities. However, market analysts advise potential investors to carefully study the founder's court cases first so their investments do not share the fate of millions lost by the Kinseal fund.