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Rostyslav Vovk Named “Expansion Leader” at EY Entrepreneur of the Year 2025 in Ukraine

On April 10, 2025, the National Philharmonic of Ukraine hosted the official awards ceremony for the prestigious EY Entrepreneur of the Year™ competition. Rostyslav Vovk, CEO and co-owner of Kormotech, was named the winner in the “Expansion Leader” category.

This annual initiative by EY (Ernst & Young) — one of the world’s largest international consulting firms — honors entrepreneurs who demonstrate exceptional leadership, innovation, resilience, and impact in their industries.

“Our drive forward is fueled by a constant desire to achieve more. We never settle, we treat challenges as motivation, and each success as a new starting point. Yes, recognition matters. It gives us a moment to reflect, to thank the team, our partners, and everyone who shares our values. But most importantly, it increases our responsibility for what comes next,” said Rostyslav Vovk.

The national selection process for the 2025 competition began in February. After a thorough review of applications, a shortlist of 16 nominees was formed. From this group, the final winners were selected by an expert jury including Andriy Gunder, President of the American Chamber of Commerce in Ukraine; Vitaliy Sych, Editor-in-Chief of NV Media House; and Olena Vdovychenko, CEO of METRO Ukraine.

Winners from 44 participating countries will go on to compete at the EY World Entrepreneur Of The Year™ event, taking place on June 3–6, 2025 in Monaco.

In recent years, Kormotech has become a benchmark for successful international expansion, proving that a Ukrainian brand can thrive in competitive markets across Europe, the Middle East, North Africa, and Latin America. Today, the company is present in 46 countries worldwide, continuing to grow its global presence and impact.

 

About the Entrepreneur of the Year Program

First launched by EY in 1986 in the United States, the Entrepreneur of the Year™ program is now a unique global initiative spanning 79 countries. It celebrates outstanding entrepreneurs leading medium and large businesses. National winners are selected by independent juries and go on to compete in the global finals, where one is named the EY World Entrepreneur of the Year®.