Business news from Ukraine

Business news from Ukraine

“TerA” shareholders to allocate 46.6 mln UAH in profits toward development

16 April , 2026  

Shareholders of the confectionery factory PJSC “TerA” (Ternopil) plan to allocate UAH 46.615 million in net profit for 2025 toward production development at the annual remote general meeting on April 29, the company reported in the NSSMC’s information disclosure system.

According to the draft resolution, the meeting agenda also includes a motion to terminate the powers of the current members of the supervisory board and elect new members. Shareholders are being asked to approve a monthly remuneration of UAH 250,000 for the board chair and UAH 60,000 for each board member.

In addition, shareholders plan to grant preliminary consent for the company to enter into significant transactions during the year, including contracts for the sale and purchase of property, leasing, rental, loan agreements, and pledges totaling up to UAH 100 million, and to appoint Galychyna-Audit LLC as the auditing entity for the mandatory audit of financial statements.

According to Opendatabot, the company’s net profit for 2025 decreased by 16.1% to UAH 46.62 million, while revenue increased by 38.5% to UAH 514.74 million. The company’s assets increased by 40.1% to UAH 231.91 million, and liabilities by 64.8% to UAH 56.61 million.

PJSC “TerA” was founded in 1991 and specializes in the production of crackers, cookies, cakes, and other long-shelf-life confectionery products. Its production facilities are located in Ternopil. According to the registry, the majority shareholder and

PJSC “TerA” (Ternopil Confectionery Factory) was founded in 1991 and manufactures over 200 varieties of crackers, cookies, cakes, and other long-shelf-life confectionery products, which it sells under the “TerA” trademark. The company operates a full production cycle at its facilities in Ternopil and has branches in Kyiv and Western Ukraine. It is developing its own retail chain of “TerA” stores and exports products to the EU. The ultimate beneficiary of the company is Lyudmila Nikolaychuk (74.8%).

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