Business news from Ukraine

Business news from Ukraine

“Lutsk Foods” Plans to Allocate 20.48 Mln UAH for Dividend Payments

15 September , 2026  

PJSC “Lutsk Foods,” which manufactures sauces, ketchups, mustard, and mayonnaise, intends to rescind the decision of the remote general meeting of shareholders held on April 29, 2024, regarding the non-payment of dividends based on the results of operations in 2023, and to allocate 20.48 million UAH of retained earnings to pay dividends for 2022–2023.

The company reported this in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
According to the draft resolution, it is proposed to allocate 9.26 million UAH for dividend payments based on the 2022 financial results and 11.21 million UAH for 2023. The total dividend amount will be 0.32 UAH per share.

It is proposed that the dividends be paid through the Ukrainian depository system in a single lump sum no later than the deadlines specified by current Ukrainian legislation.
The extraordinary general meeting of shareholders of “Lutsk Foods” will be held remotely on September 28, 2026.

PJSC “Lutsk Foods” was founded in 1997 on the basis of the Lutsk City Food Combine, established in 1945. It manufactures a wide range of tomato paste-based sauces, as well as ketchup, adjika, mustard, mayonnaise, and various types of vinegar under the “Runa,” “Ridnyi Krai,” and “Sribnytsia” brand names. Since 2009, it has been collaborating with a number of retail chains and producing over 40 product items under their private labels. PJSC “Lutsk Foods” exports its products to markets in more than 20 countries.

According to Opendatabot, in 2025, PJSC “Lutsk Foods” reported revenue of 840.7 million UAH and net income of 39.4 million UAH. The company employs 325 people.

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