Vasyl Danylyak

EY World Entrepreneur Of The Year™ 2025 finalist, Ukraine
CEO of OKKO Group, Co-Founder of GORO Mountain Resort and Co-Owner of Goro Development

Vasyl Danylyak is contributing to Ukraine’s energy independence with green energy initiatives.

Vasyl Danylyak is at the forefront of Ukraine’s energy transformation, launching numerous projects aimed at bolstering the resilience of the country’s energy system. With over 25 years at OKKO Group, which commands a 20% share of the Ukrainian fuel market, Vasyl has guided the organization through significant challenges. This includes the ongoing war that has severely affected the energy sector.

Over the past three years, Ukraine has lost around 60% of its generating capacity. Notably, two-thirds of the nation’s wind power assets have been seized and disconnected from the grid. The need to replace outdated infrastructure with new, sustainable energy facilities is a priority. Under Vasyl’s leadership, OKKO Group has attracted significant investment for renewable energy initiatives, including wind farms, solar power plants and biofuel production facilities. 

In February 2025, the company commissioned Ukraine’s largest private electricity storage facility to support the stability of the national grid. OKKO Group is also constructing a wind farm featuring 25 turbines with a total capacity of 147 MW, with plans for additional 32 turbines. As one of Ukraine’s leading fuel retailers, OKKO Group is aligning its market strategy with European mandates to incorporate biocomponents into petrol. The company is currently constructing an 83,000-tonne bioethanol plant.

Known for his bold business decisions, Vasyl prioritizes long-term investments that create meaningful change. These projects underscore the urgent need to invest in Ukraine’s energy future and economic resilience — progress that is vital for strengthening the country’s economy and improving its citizens’ quality of life.