The sole shareholder of Public Joint-Stock Company “Khlibprom Concern” has approved a decision to convert the company into a limited liability company, according to information cited from the National Securities and Stock Market Commission’s (NSSMC) disclosure system.
The decision to reorganize one of Ukraine’s largest bread producers was adopted on July 23, 2026. The newly formed LLC “Khlibprom Concern” will become the full legal successor to the assets, contracts, rights, and obligations of the private joint-stock company.
The shares of the private joint-stock company will be converted into a stake in the LLC’s authorized capital at a ratio of 1:1. The authorized capital of the successor entity will amount to approximately 163.55 million UAH.
The company explained the reorganization as a necessity to simplify corporate governance. The conversion to an LLC does not involve the sale of the company or a change in its ultimate owner.
The organizational and legal form of a limited liability company involves fewer regulatory procedures; in particular, the company will not be required to maintain a share register or comply with certain requirements applicable to joint-stock companies.
In 2025, Khlibprom Concern’s revenue increased by 9.5% compared to the previous year, reaching 2,228.92 million UAH. The company’s net loss decreased by a factor of 13.5, to 5 million UAH, compared to 67.57 million UAH in 2024.
The company’s assets as of the end of 2025 totaled 1 billion 190.76 million UAH, while its liabilities decreased by 10.1% to 509.95 million UAH.
“Khlibprom Concern” is one of the largest producers of bread, baked goods, and confectionery products in Ukraine. The company produces up to 160 metric tons of products daily, including frozen semi-finished dough products.
The company’s structure includes five processing facilities in the Lviv and Vinnytsia regions. The company’s brand portfolio includes Agrola, Bandinelli, 2go, “Lyublyanna,” and “Vinnitsakhleb.” The ultimate beneficial owner of the company is Natalia Antonova.