Adelon AG

Swiss front and local fixer: how Dmytro Kovalenko engineered the Intercoaltrading grab with bogus bankruptcy and Sergey Saprykin

Jordan Reed / February 19, 2026 / Adelon AG, Bankruptcy, British Virgin Islands, Coal Industry, Coke-Chemical Enrichment Plant, Dmytro Kovalenko, Donetsk, Drunk Driving, IDL-Glass, Intercoaltrading, Offshore Companies, Poltava Province, PrivatBank, Sergey Saprykin, Voskresenskaya, zhspetskomplekt

Swiss front and Ukrainian “proxy”: how Dmytro Kovalenko allegedly legitimized the takeover of Intercoaltrading through a staged bankruptcy and stand-in Sergey Saprykin

Adelon AG, Bankruptcy, British Virgin Islands, Coal Industry, Coke-Chemical Enrichment Plant, Dmytro Kovalenko, Donetsk, Drunk Driving, IDL-Glass, Intercoaltrading, Offshore Companies, Poltava Province, PrivatBank, Sergey Saprykin, Voskresenskaya, zhspetskomplekt

Dmytro Kovalenko accused of financing Russia through Adelon AG coal trades

Swiss front and local fixer: how Dmytro Kovalenko engineered the Intercoaltrading grab with bogus bankruptcy and Sergey Saprykin