Business news from Ukraine

Business news from Ukraine

“Rudomain” posted net profit of 41.6 mln UAH in 2025

9 November , 2026  

Rudomain LLC (Kryvyi Rih, Dnipropetrovsk Oblast), a company engaged in iron ore mining, reported a net profit of 41.602 million UAH for 2025, whereas it ended 2024 with a net loss of 223.561 million UAH.

According to the company’s annual report, which is available to the Interfax-Ukraine news agency, net revenue for the past year increased by 10% to 2,991.811 million UAH.

Retained earnings as of the end of 2025 amounted to 1,837.702 million UAH.

The company’s total sales volume of all types of ore for 2025 amounted to 1.430 million metric tons, which is 149,77 thousand metric tons more than in 2024.

Rudomain LLC was registered in May 2010. Its primary activity is the mining of iron ore. As of the end of 2020, two ore processing plants were operational at the site. The company’s production capacity was up to 4 million metric tons of raw material. Production of finished products with an Fe content of 50–59% (0–10 mm fraction) amounted to approximately 1.5 million metric tons per year. The company produces the following subtypes of iron ore: sinter ore, blast furnace ore, raw ore, and iron ore.

The number of full-time employees as of the end of 2025 was 1,120.

The company holds special permits for iron ore mining: No. 6236 dated December 8, 2017, issued for section No. 2 of the “Pivdennyi” open-pit mine, covering an area of 24.2 hectares; No. 6511 dated May 25, 2021, issued for the expansion of the boundaries of Section No. 2 of the “Pivdennyi” open-pit mine, covering an area of 35.2 hectares. The special permits are valid until December 2037.

As of December 31, 2025, the sole participant in Rudomain LLC is ARDK Mining Asset Management Holding Ltd. (Cyprus). The ultimate beneficial owner is Kostyantyn Karamanits. Type of beneficial ownership: indirect controlling influence; percentage of equity interest in the legal entity: 70%.

As of December 31, 2025, Rudomain LLC holds a 36% stake in the authorized capital of Football Club “Girnyk” LLC and a 100% stake in the authorized capital of its subsidiary, Dolynsk Mining and Processing Plant LLC.

The authorized capital of Rudomain LLC is 21.907 million UAH, and the value of one share is 0.01 UAH.

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