According to the results of 2024, Donbass Clay PrJSC (Dorozhne village, Donetsk region) increased its net profit three times compared to 2023 – up to UAH 247.477 million from UAH 81.997 million.
According to the agenda of the annual general meeting of shareholders of the company scheduled for April 29, which will be held in person at the company’s Kyiv office, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), it is planned to consider the report of the executive body on the results of the company’s financial and economic activities for 2024 and make a corresponding decision.
In addition, the agenda includes consideration of the report of the Supervisory Board and the auditor, approval of the results of financial and economic activities for 2024, distribution of profits, and decision on the preliminary granting of consent to enter into significant transactions.
The draft resolutions, a copy of which is available to Interfax-Ukraine, propose, in particular, to distribute the company’s net profit among shareholders and consider the possibility of paying dividends, to approve the payment of net profit for 2024 as dividends to shareholders.
According to the information for the meeting, retained earnings at the end of 2024 amounted to UAH 557.511 million. In 2024, the company earned a net profit of UAH 247.477 million, with a per-share value of UAH 2 million 474.770 thousand and a number of shares of 100.
As reported earlier, in 2023, Donbass Clays PrJSC decreased its net profit by 2.5 times compared to 2022 to UAH 81.997 million, while net income decreased by 7.7% to UAH 371.889 million. Retained earnings at the end of 2023 amounted to UAH 310.034 million.
In 2022, Donbass Clays reduced its net profit by 9.4 times compared to 2021, to UAH 32.217 million from UAH 302.512 million. In 2021, the company increased its net profit by 51.1% compared to 2020, to UAH 302.512 million from UAH 200.216 million.
Donbass Clays was established in 1995. The company is engaged in the extraction and supply of clays and composites from deposits in Donetsk Oblast.
At the end of 2015, the Dutch Watts Blake Bearne International Holdings B.V., a part of the British Watts Blake Bearne (the world’s largest producer of lump clay – IF-U), increased its stake in the authorized capital of Donbass Clay PJSC to 99% from 49%.
According to the third quarter of 2024, Watts Blake Bearne International Holdings B.V. owns 99% of the shares in the company.
The authorized capital of Gliny Donbassa PrJSC is UAH 526.9 thousand, the nominal value of 1 share is UAH 5269.18.
Impact of electricity deficit on real GDP vs no deficit, % (forecast up to 2024)
Ukraine is not ruling out holding elections in the near future (after a full ceasefire is established), The Economist writes, citing government sources.
“Government sources say that Mr. Zelensky called a meeting last week to instruct his team to organize a vote after the full ceasefire, which the Americans believe they can implement by the end of April (Easter Sunday, April 20),” the article says.
It is indicated that the first confirmation may appear on the eve of or on May 5, when the parliament is to vote on the extension of martial law, which expires on May 8.
As reported, Zelenskyy himself has repeatedly stated that elections are impossible during the war. Thus, on March 12, he said at a briefing: “After the war is over, martial law will be lifted, and after it is lifted, elections will be held in accordance with Ukrainian law. No one will postpone anything on purpose.”
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.
