[2] Born in village of Chubarivka[2] (today Polohy), in 1954 Satskyi graduated a technological faculty of the Dnipropetrovsk Metallurgical Institute (today the National Metallurgical Academy of Ukraine) as engineer-metallurgist.

[2] In 1954 to 1980 he worked at the leading metal producing factory in Ukraine Kryvorizhstal starting from engineer-roller of rolling shop and secretary of the factory's Komsomol Committee to chief engineer and deputy director of Kryvorizhstal in 1968.

[2] In 1986-2012 Satskyi was a director of Zaporizhstal and in 1990-1994 a People's Deputy of Ukraine.

On 18 March 1990 he was elected at the Zavodskyi electoral district (#180) of Zaporizhzhia city among eight runners.

[3] At time of death, Satskyi was on the Forbes list of the most rich people in Ukraine with his assets estimated at $128 million.