We present results of a study of the electrical conductivity distribution beneath the Ukrainian Eastern Carpathians where the Carpathian arc turns to the southeast and reaches the maximum curvature further in the Romanian territory. We have used the magnetotelluric and magnetovariational data in the period range of 1–6,000 s collected by geoelectric groups from several countries during deep induction experiments, which covered the studied area by a number of field stations clustered along profiles crossing the Carpathian arc. In this work, we compare the 2‐D and quasi‐3‐D thin sheet inverse models, which allow us to constrain both the geometry and electrical properties of the anomalous conductivity structures beneath the Carpathians. Comparison of the inverse results with the Carpathians tectonics indicates that the Carpathian conductivity anomaly within the Polish and Slovak territory is located approximately between the Magura nappe front and the Pieniny Klippen Belt. In Ukraine, where the Magura nappe narrows and disappears, the anomaly reaches the front of the Outer Carpathians. The resulting quasi‐3‐D model of the conductivity structure beneath the Carpathians is compared with other geophysical and geological data within the region. The relation of the position of the conductors to the heat flow models and to location of the earthquakes sources indicates possible geological mechanisms, such as saline pore fluids, thin films of grain boundary graphite, or partial melting, connected with recent activation zones.