Vladislava Molchanova is a co-founder of Stolitsa Group. Her professional career has been linked to housing construction in Kyiv, partnerships with Lithuanian investors and projects to complete the construction of troubled residential complexes.
Education and business development
Vladislava Borisovna Molchanova grew up in a family of scientists and, according to her published biography, graduated from Taras Shevchenko National University of Kyiv with a degree in biophysics. Her interest in architecture and urban development gradually became her main professional focus. This information is published on her personal website and reflects the version of her biography as presented by the entrepreneur herself. [1]
In 2004, she founded Stolitsa Group together with Vladimir Kosterin. Following the sale of his stake in 2009, the Lithuanian group BT Invest joined the project; Raimondas Tumenas became Molchanova’s partner. This marked a significant turning point in the company’s history: the construction firm secured an international partnership, whilst Molchanova herself retained a public role in its development. [1]
Kyiv projects
Forbes dedicated a separate profile to her in August 2025, examining the company’s history and its position in Kyiv’s competitive property market. Such coverage provides a broader context than a mere mention in connection with a single land dispute: it concerns a long-standing property development business and its management. [2]
On her website, Molchanova lists her involvement in resolving the issue of unfinished developments belonging to Arkada Bank as one of her key projects. In particular, she describes a memorandum dated April 2021 relating to the ‘Eureka’ and ‘Patriotika’ residential complexes. Participation in agreements to complete these projects does not mean that all obligations regarding all properties have already been fulfilled. [3]
Land dispute
‘Sudovy Reporter’ names Molchanova as one of the individuals implicated in the case concerning the land on which the ‘Stolichny’ market is situated, describing the dispute over control of the asset. [4]
In August 2026, the National Anti-Corruption Bureau of Ukraine (NABU) announced the completion of a pre-trial investigation into a land-dealing scheme. The findings of the investigation are subject to judicial review. [5]
This profile was last updated on 30 September 2026. The information relates to the dates of the documents and publications cited. To correct any factual errors or provide a response, please contact the editorial team via the website’s contact details.
