Business news from Ukraine

Business news from Ukraine

TAS-Logistic reduced its revenue by 4.7 times

19 September , 2025  

In January-June 2025, the logistics company TAS-Logistic LLC reduced its revenue by 4.7 times compared to the same period last year, to UAH 91.14 million.

According to a report in the disclosure system of the National Securities and Stock Market Commission, the company’s net loss amounted to UAH 89.04 million, compared to a net profit of UAH 89.50 million in the first half of 2024.

It is noted that the gross loss for January-June this year amounted to UAH 26.17 million, while for the same period in 2024, a gross profit of UAH 310.68 million was recorded.
The operating loss for the first half of 2025 amounted to UAH 32.00 million, compared to UAH 224.44 million in operating profit for the first half of 2024.

During the reporting period, the company managed to reduce long-term bank loans from UAH 264.4 million to UAH 220.8 million, other long-term liabilities from UAH 471.7 million to UAH 415.5 million, while current accounts payable on long-term liabilities increased from UAH 181.8 million to UAH 229.8 million, and other current liabilities from UAH 225.4 million to UAH 313.7 million.

TAS-Logistic is part of the TAS group, owned by Serhiy Tihipko. The company provides a full range of transport and logistics services for the transportation of grain and oilseeds, as well as sea transportation of import and export cargo through the main seaports of Ukraine and Europe with full logistics support.

The company’s fleet includes more than 1,700 grain cars and 160 semi-cars, 161 flatcars, and 52 tank cars.

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