Oschadbank has put up for sale at auction the right to claim under loan agreements and relevant security agreements to borrowers of Oleg Bakhmatyuk’s Ukrlandfarming group of companies at a starting price of UAH 4,984,663,467.30 (excluding VAT), the bank’s press service reports.
According to the report, the property of Rise-Maximco PJSC, Avangard Agroholding PJSC, Impevo Foods LLC, and Pacco Holding LLC is up for auction.
These loans are secured by production assets throughout Ukraine, including elevators, poultry farms, an egg processing plant, etc., as well as guarantees from individuals and legal entities.
The auction is scheduled for April 14, 2025.
“Ukrlandfarming is one of the largest agricultural holdings in Eurasia. It is engaged in grain growing, cattle breeding, distribution of machinery, fertilizers and seeds.
“UkrLandFarming remains one of the largest agricultural holdings in Ukraine, despite $1.2 billion in losses from Russia’s military aggression against Ukraine. In particular, we are talking about the largest poultry farm in Europe, Chornobaivska (Kherson region), where 4.5 million poultry were killed, property and communications were destroyed, and the occupiers took the equipment to the territory of the Russian Federation. The enemy also destroyed a number of poultry farms in other regions: poultry farms in Mykolaiv region, Donetsk region (Donetsk poultry farm, as well as in Volnovakha and Bakhmut), and poultry farms in Kyiv region were destroyed, looted or significantly damaged by shelling. The company lost 160,000 hectares of arable land for agricultural production, and regional bases and elevators in Kherson, Mykolaiv, Donetsk, Luhansk, Zaporizhzhia, and Kharkiv regions, as well as in Kyiv region and near Kyiv, were destroyed and looted.
A significant portion of ULF’s financial obligations have been in default since 2017. In November 2017, a group of international creditors, Ukrlandfarming and Avangard, in a letter to the Ukrainian government, estimated the total amount of ULF’s debt obligations at approximately $1.65 billion: about $1.25 billion of debt obligations to international creditors and about $400 million to Ukrainian banks (including state-owned banks). In turn, the debt to international creditors, according to their data, amounted to approximately $775 million in the form of Eurobonds and $475 million in the form of loans to European and American banks (and their respective credit risk insurers).
US President Donald Trump has expressed confidence that Greenland will become American.
“We will get Greenland – 100%,” he said in an interview with NBC News.
According to the American president, “there is a good possibility that it will be possible to do it without the use of military force, but you can’t rule anything out.”
Asked what signal the Greenland acquisition would send to Russia and the rest of the world, Trump said, “I don’t really think about it. I don’t really care. Greenland is a totally separate issue, totally different. It’s international peace. It’s international security and strength.”
The other day, U.S. Vice President J.D. Vance visited Greenland. According to him, the island is likely to gain independence from Denmark in the future, after which the US will start working with Greenland to establish bilateral relations.
Earlier, Trump repeatedly said that he would like to see Greenland as part of the United States.
In 2024, the office real estate market in Riga demonstrates stability, supported by economic growth and increased business activity. Despite the moderate pace of construction of new business centers, the demand for modern office space remains high, especially in the city’s central districts and business zones.
Thus, the office real estate market in Riga continues to develop, remaining attractive to occupiers, especially in modern business centers and flexible office spaces.
Source: http://relocation.com.ua/ohliad-ofisnoi-nerukhomosti-ryhy-vid-relocation/
President of Ukraine Volodymyr Zelenskyy said that in case of risky things in the minerals agreement, he would communicate with Ukrainian society about it.
“It seems to me that Ukrainians, in principle, know me very well. I think there is no need to doubt that. If there are any risky things for us, I will definitely communicate all this without any secrets with our society,” Zelensky said at a briefing on Friday.
The president believes that “the main basic things, compromises, were outlined in the framework agreement, which we were ready to do.” “And so we will base ourselves on the clear things we talked about, where we see an opportunity to build the right partnerships,” he added.
Speaking about Ukraine’s alleged debts to the United States, Zelenskyy noted that he does not see them if we talk about the past.
“If there are any prospects, new support, new support packages, then the United States can set certain conditions, realizing that this team will not do anything for free. They are officially saying this,” the president explained.
PJSC Concern Khlibprom (Lviv), one of Ukraine’s largest producers of bread and bakery products, posted a net loss of UAH 65.667 million in 2024, compared to a net profit of UAH 70.83 million a year earlier.
According to the agenda of the annual general meeting of shareholders scheduled for April 30 this year in remote mode, the shareholders are proposed to cover the net loss of UAH 161,366 thousand incurred by the company in 2024 at the expense of deferred income, and not to accrue or pay dividends.
In addition, the shareholders are proposed to approve the report of the management and the supervisory board on the financial and economic activities of the company for 2024, to recognize the work of the management and the supervisory board as satisfactory. They also have to approve the reports and conclusions of the audit firm Nexia DK Audit LLC and decide on the need to take the measures recommended by the auditor.
According to Opendatabot, in 2024, Concern Khlibprom PJSC increased its revenue by 7.4% to UAH 2.036 billion, its debt obligations by 1.5 times to UAH 567.38 million, and its assets by 11.4% to UAH 1.19 billion. At the same time, the number of employees decreased by 52 people to 2,601. The company’s authorized capital is UAH 163.55 million.
Concern Khlibprom is one of the largest enterprises in the Ukrainian bread market, producing up to 200 tons of products daily: bread, bakery, confectionery and semi-finished dough products. The company has five processing plants located in Lviv and Vinnytsia regions. It owns the Khlibna Khata, Vinnytsiakhlib, Khlib po-Lvivski, Lyublyanna, Bandinelli, and Panerini trademarks.
The company’s beneficiary is Natalia Antonova, the ex-wife of OKKO Group majority owner Vitaliy Antonov. In October 2024, she acquired a 25.3% stake in Concern Khlibprom from Universal Investment Group LLC and became the owner of 98.1% of the company’s shares.
The shareholders of Verkhnodniprovsky Machine-Building Plant JSC (VMZ, Dnipro region) plan to allocate UAH 17.09 million for dividends out of retained earnings of UAH 34.095 million as of the end of 2024, according to the agenda of the annual shareholders’ meeting scheduled for April 28.
According to the draft decision of the meeting, it is planned to pay dividends at the rate of UAH 0.64 per share (nominal value UAH 0.35). It is planned to leave the remaining UAH 17 million undistributed.
The announcement does not contain any data on the company’s financial performance, but according to the Clarity-project, VMZ’s net profit in 2024 amounted to UAH 33.94 million, down 21.3% from a year earlier.
According to the company’s website, in 2023, from June 28 to October 30, 2024, dividends totaling UAH 43.1 million (UAH 1.61 per share) were paid to shareholders out of retained earnings of UAH 70.13 million.
At the meeting, shareholders also plan to terminate the powers of the chairman and members of the supervisory board ahead of schedule and elect the same three-member board.
According to the National Securities and Stock Market Commission as of the third quarter of 2024, Viktor Rasporsky, Chairman of the Supervisory Board, owns more than 62% of VMZ JSC shares, and Andriy Rasporsky owns about 31.07%.
Verkhnedneprovsky Machine-Building Plant specializes primarily in the development and manufacture of specialized railway rolling stock, non-standard equipment for car building and car repair.
According to Clarity-project, in 2024, VMZ’s net income increased by 4% compared to 2023, to UAH 161 million.
