Fixed-line operator “Ukrtelecom” increased its net revenue by 3.5% in 2025 compared to 2024—to 4.16 billion UAH, according to the company’s separate annual report.
According to the report, other operating income last year grew 1.6 times compared to 2024—to UAH 1.20 billion, while the company’s total revenue for the year amounted to UAH 5.40 billion, which is 5% more than the year before last.
It is noted that operating profit (EBITDA) in 2025 grew by nearly 29%—to 1.20 billion UAH—although the company reported a net loss of approximately 365 million UAH for the year, due to the revaluation of the fair value of long-term accounts receivable.
According to the report, Ukrtelecom laid 4,500 km of fiber-optic cable in 2025, including in frontline settlements. The total length of the fiber-optic network reached nearly 93,000 km, serving 3.4 million households.
The number of connections to the fiber-optic network is growing across all segments, and the share of fiber-optic internet users exceeded 80% of the company’s total subscriber base of internet users, the document states.
It is noted that revenue from the provision of fiber-optic internet services for 2025 increased by 12%, and the NPS of Ukrtelecom’s new B2C fiber-optic customers as of the end of 2025 stands at nearly 75%.
In addition, as part of the “Optical Infrastructure Zone” (OIZ) program, a total of 70,700 Homepasses were built in 2025.
Reportedly, starting January 1, 2026, the company introduced a new speed standard for households connected to the GPON network nationwide—up to 1 Gbps. Thus, subscribers gained the ability to use gigabit internet regardless of their current tariff plan and “by default.”
It is noted that in 2025, Ukrtelecom paid nearly UAH 1.6 billion in taxes and fees to budgets at all levels, which is 17% more than in 2024.
The company’s assets as of the end of the year amounted to 13.82 billion UAH, which is 0.80 billion UAH more than at the beginning of the year.
The company also reported that current and long-term liabilities and provisions for 2025 decreased by 408 million UAH, while the volume of capital investments fell by 11% to 462 million UAH.
Among other significant events of the past year, the fixed-line operator highlighted the fact that it became the first Ukrainian company to join Connect Europe, an association of leading European electronic communications operators.
As for the main plans, these include scaling and modernizing the telecommunications network, building new modern fiber-optic networks, and modernizing the existing telecom network.
Other plans include the development of related and additional business areas, which include a partnership with YASNO: lead generation for solar power plant (SPP) installation projects, sales of “Smart Watt” and E-Mobility equipment, sales and leasing of IPv4 addresses, as well as the development of business processes and IT systems.
On May 4, PJSC Ukrnafta announced a tender for liability insurance for members of the supervisory board and executive body, as reported in the Prozorro system. The estimated cost of the services is UAH 6.880 million.
Documents will be accepted until May 15, 2026.
As previously reported, the winner of a similar tender in October of last year was IC “Universalna.”
JSC “Ukrnafta” is Ukraine’s largest oil producer and operates the country’s largest national network of gas stations—UKRNAFTA. In 2024, the company entered into an asset management agreement with Glusco. In 2025, it finalized a deal with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates nearly 700 gas stations.
The company is implementing a comprehensive program to resume operations and modernize the format of gas stations in its network. Since February 2023, it has been issuing its own fuel vouchers and “NAFTACard” cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine, holding a 50%+1 share stake.
In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the share of corporate rights in the company that belonged to private owners, which is now managed by the Ministry of Defense.
PJSC “Dniprovsky Plant ”Alumash,” a manufacturer of aluminum profiles, intends to allocate UAH 10 million of its net profit for 2025 to dividends.
According to information submitted by the company to the NSSMC’s disclosure system, this matter has been added to the agenda of the annual general meeting of shareholders scheduled for June 9 of this year.
It is proposed to distribute the profit earned from the company’s financial and operational activities in 2025, amounting to UAH 13,730,408, as follows: dividend fund – UAH 10,132,000, which constitutes 72.84% of the company’s profit earned in 2025. To retain UAH 3,729,088 in profit (27.16% of the profit earned).
It is also proposed to approve the conclusions of the audit report by the audit firm Garant-Audit LLC, draw conclusions, and approve measures based on the results of the review of the audit report.
The draft resolutions, copies of which are available at the Interfax-Ukraine agency, propose paying dividends to the company’s shareholders at a rate of UAH 6,440 per ordinary registered share of the private joint-stock company. Approve the resolution on the payment of dividends for 2025 in the total amount of UAH 10 million. The dividend payment period begins on July 1 and ends on December 8, 2026, inclusive. Dividends will be paid directly to shareholders.
PJSC “Dniprovsky Plant ”Alumash” was registered in July 1997. It manufactures aluminum profiles using Italian equipment, including general-purpose profiles and TECNO building profile systems under license from the Italian company S.L.L. SPA.
According to data from the National Securities and Stock Market Commission (NSSMC) for the fourth quarter of 2024, the company’s CEO, Oleksandr Danchenko, owns 6.5035% of the company’s shares; his father, Oleg Danchenko, owns 28.3323%; Mykhailo Senektutov holds 19.253%, Ivan Sosnovsky holds 14.295%, and Igor Levin holds 14.231%.
At the same time, the company’s 2024 report lists four individuals (without disclosing their full names) as major shareholders, holding stakes of 34.836%, 19.253%, 14.295%, and 14.231%, respectively.
The authorized capital of the private joint-stock company is UAH 19.95 million.
JSC “Hydrosila,” a leading Ukrainian manufacturer of gear pumps and hydraulic motors, ended 2025 with a net profit of UAH 0.38 million, whereas in 2024, the loss amounted to nearly UAH 16 million.
According to the company’s annual report in the NSSMC’s disclosure system, its net revenue decreased by 8.8% to UAH 346.4 million.
The company’s gross profit exceeded the 2024 figure by 46.3%—reaching UAH 47.3 million—while the company incurred a loss of UAH 0.19 million from operating activities (compared to nearly UAH 22 million in 2024).
The report notes that approximately 65% of sales are exported, with priority given to markets in the European Union, Southeast Asia, and South America.
“The company’s strategy in 2025 was to maintain its market share, supply the market with products in demand by both regular and new customers amid martial law. The company’s operations are somewhat affected by seasonal factors—work volume increases during the spring and summer,” the report states.
The company’s products (pumps) are designed to deliver working fluids (mineral oils) to the hydraulic systems of cars and buses, control drives for agricultural and industrial tractors, self-propelled agricultural machinery, road, municipal, and other vehicles, excavators, bulldozers, dump trucks, and telescopic loaders, as well as for large-capacity hydraulic drives for general industrial use.
The average headcount at “Hydrosila” in 2025 was 327 employees.
The company notes that the payroll in 2025 decreased by 17.7%, which is attributed to “Russia’s full-scale aggression, the mobilization of the company’s employees into the ranks of the Armed Forces of Ukraine, and the reduced working hours of the company’s employees under the conditions of the imposed martial law.”
JSC “Hydrosila” is part of businessman Pavel Shtutman’s “Hydrosila Group.”
According to the results of 2025, the state-owned enterprise “Forests of Ukraine” ranked among the top three contributors to the state budget with UAH 5.9 billion in accrued dividends, more than four times the level of 2024 (UAH 1.3 billion), the state-owned enterprise’s press service reported on Facebook.
According to the report, the leaders in terms of accrued dividends were also JSC “NAEK ‘Energoatom’ (UAH 9.3 billion) and PJSC ”Ukrhydroenergo” (UAH 6.3 billion).
As noted with reference to the Ministry of Economy, Environment, and Agriculture of Ukraine, the growth in these figures was driven by systemic changes: the open sale of forest products, the transition to procurement through Prozorro, the divestment of non-core business areas, and cost optimization.
According to the company, in January–March 2026, the volume of timber harvesting increased to nearly 3 million cubic meters, which is 50% more compared to the same period in 2023. Net revenue for the reporting period rose by 87% to UAH 8.6 billion, while pre-tax profit increased by 273% to UAH 3 billion. The return on operations for the quarter reached 34.9%.
Tax payments by the state-owned enterprise “Forests of Ukraine” in the first quarter of 2026 increased by 166% compared to the first quarter of 2023, reaching UAH 4 billion.
As of early May 2026, the enterprise had increased timber harvesting by 560,000 cubic meters compared to last year’s figures. The state-owned enterprise’s share of the country’s total timber harvest rose from 83% to 88%.
State Enterprise “Forests of Ukraine” has now launched a modernization program to transition to mechanized timber harvesting. Last week, the first contract for the supply of harvesters from Sweden was signed. The program also includes the renewal of the firefighting equipment fleet and the operation of a modern seed center.
