Business news from Ukraine

“Ukrnafta” finances purchase of 40 machine guns for 82nd Air Assault Brigade

20 August , 2024  

Ukrnafta JSC together with the Come Back Alive Foundation have delivered 40 FN Minimi machine guns to the 82nd separate air assault brigade.

“This reliable and proven weapon is now helping the soldiers perform special combat missions. The company has allocated UAH 25.3 million for the purchase,” Ukrnafta CEO Sergiy Koretsky said on Facebook.

He also clarified that in 2023 alone, Ukrnafta allocated almost UAH 1.3 billion for the purchase of pickup trucks, armored vehicles, grenade launchers, drones and other equipment needed by the defenders.

“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of gas stations.

In March 2024, the company took over the management of Glusco’s assets and operates a total of 545 filling stations – 460 owned and 85 managed.

The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company, which belonged to private owners and is currently managed by the Ministry of Defense.