Business news from Ukraine

Business news from Ukraine

“Khlibprom Concern” increased its revenue to 2.23 bln UAH and reduced its losses in 2025

PJSC “Khlibprom Concern” (Lviv), one of Ukraine’s largest bread producers, derived the majority of its revenue in 2025 from bread production, which amounted to UAH 170.18 million, or 76.31% of total sales.

According to the issuer’s annual financial statements published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), other significant sources of revenue included coffee and tea production—UAH 26.81 million (12.02%), the sale of electrical goods—2.61 million UAH (1.17%), and the production of crackers and confectionery—1.41 million UAH (0.63%). Smaller shares of revenue came from the production of other food products (UAH 301,350), flour production (UAH 271,210), and wholesale trade in coffee and food products.

As noted, the daily volume of production and sales of bread, confectionery products, and semi-finished goods in Ukraine and abroad amounts to up to 160 tons.

According to Opendatabot, Khlebprom Concern’s revenue in 2025 increased by 9.5% compared to 2024—to UAH 2.22892 billion. Net loss decreased by a factor of 13.5—to UAH 5 million, compared to UAH 67.57 million a year earlier. Assets at the end of the year amounted to UAH 1.19076 billion, while liabilities decreased by 10.1% to UAH 509.95 million. The company’s authorized capital is UAH 163.55 million.

“Khlibprom Concern” is one of the largest enterprises in the Ukrainian bread market, producing up to 160 tons of products daily: bread, baked goods, confectionery, and semi-finished dough products. Its structure includes five processing plants located in the Lviv and Vinnytsia regions. It owns the Agrola, Bandinelli, 2go, “Lublyanna,” and “Vinnytsiahlib” brands.

The beneficiary of the company is Natalia Antonova.

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Odessa Film Studio to Hold Shareholders’ Meeting on May 27

According to Fixygen, Odessa Film Studio PJSC will hold an extraordinary general meeting of shareholders on May 27, 2026, as announced on the company’s website.

According to the issuer’s announcement, the meeting will be held via electronic voting and remote polling. The meeting is scheduled to begin at 10:00 a.m., with shareholder registration taking place from 10:00 a.m. to 11:00 a.m. The list of shareholders entitled to participate in the meeting will be compiled as of May 22, 2026.

The draft agenda includes one item—the exclusion of the “Ekran” dormitory building, located at: Odessa, 33a Frantsuzsky Boulevard, from the authorized capital of Odessa Film Studio PJSC. The grounds cited are the entry into force of the decision of the Odessa Regional Court of Appeal dated April 21, 2016, in Case No. 522/8089/14-ts.

The draft resolution proposes to take note of the decision of the Odessa Regional Court of Appeal and the ruling of the Supreme Court dated March 6, 2018, in this case, which invalidated the orders of the State Property Fund of Ukraine regarding the inclusion of the “Ekran” dormitory building in the company’s authorized capital. The announcement notes that in the deed of transfer of the entire property complex dated November 21, 2005, this building was erroneously listed as the “Ekran” hotel. The appraised value of the property is stated at UAH 7.4 million.

Shareholders are also being asked to establish that the further issue of ownership and the legal status of the building should be determined by the authorized state bodies. The company’s director is to be instructed to take the necessary steps to enforce court decisions in coordination with the State Property Fund, if necessary. The draft resolution specifically states that it does not constitute a decision to transfer or dispose of property, and the company’s actions must be limited to technical, accounting, and registration procedures.

Odessa Film Studio PJSC is registered in Odessa at 33 Frantsuzsky Boulevard. According to OpenDataBot, the company’s EDRPOU code is 33932816, the date of registration is December 2, 2005, and the authorized capital is UAH 62.172 million. Anna Dochova is listed as the company’s director, and the primary activity is the production of films, videos, and television programs.

The Odessa Film Studio is one of the oldest film production facilities in Ukraine. It has served as a base for the creation of feature films, television programs, and documentaries, and currently the company operates in the fields of film production, the provision of production and location services, and cultural and creative projects. According to SMIDA data for previous periods, the Ukrainian government and Novaya Kinostudiya LLC each held approximately 50% of the film studio’s share capital.

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“Zaporizhstal” more than doubled its net loss in first quarter

In January–March of this year, PJSC Zaporizhstal increased its net loss by 2.1 times compared to the same period last year—to UAH 1.373955 billion from UAH 660.923 million.

According to the company’s interim report in the NSSMC’s disclosure system, its revenue from ordinary activities for this period increased by 13.2%—to UAH 19.667141 billion from UAH 17.376525 billion. Retained earnings as of the end of March amounted to 29.917367 billion UAH.

At the same time, Zaporizhstal’s consolidated loss in the first quarter of 2025 amounted to 1.446646 billion UAH, and in the first quarter of 2024—566.486 million UAH. Revenue remained unchanged—the same as in the unconsolidated report.

According to the company’s annual report, Zaporizhstal doubled its net profit in 2025 compared to the previous year—to 1.764886 billion UAH from 880.562 million UAH, revenue from ordinary activities for this period increased by 2.4%—to 72,141.56 million UAH from 70,307.933 million UAH.

Retained earnings as of the end of 2025 amounted to 30,882.574 million UAH.

At the same time, Zaporizhstal’s consolidated profit in 2025 amounted to UAH 1.328605 billion, and in 2024 – UAH 1.593521 billion. Revenue remained unchanged – the same as in the unconsolidated report.

As reported, Zaporizhstal reduced its net profit by 3.1% in the first nine months of 2025 compared to the same period in 2024—to 1.547508 billion UAH from 1.597318 billion UAH, its net revenue for this period increased by 0.9%—to UAH 53.583352 billion from UAH 53.131601 billion.

In 2024, Zaporizhstal reported a net profit of 1.593521 billion UAH, compared to a net loss of 3.899537 billion UAH the previous year. At the same time, revenue in 2024 amounted to UAH 70.307933 billion, compared to UAH 56.428254 billion in 2023. The group’s total workforce as of early 2025 stood at 9,328 employees.

Zaporizhstal ended 2022 with a net loss of 4 billion 864 million 684,828 thousand UAH, whereas in 2021 it reported a net profit of 16 billion 809 million 158,412 thousand UAH.

In 2025, Zaporizhstal increased its rolled steel output by 15.2% compared to the previous year—to 2,794,600 tons from 2,426,700 tons. Steel production amounted to 3,212,200 tons (in 2024 – 2,890,800 tons), and pig iron production – 3,567,800 tons (3,106,300 tons).

Zaporizhstal is one of Ukraine’s largest industrial enterprises, whose products are in high demand among consumers both in the domestic market and in many countries around the world.

Zaporizhstal is a joint venture of the Metinvest Group, whose main shareholders are PJSC System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Dangerous weather conditions are expected in Ukraine over the next few nights

Dangerous weather conditions are expected in Ukraine over the next two nights, the Ukrainian Hydrometeorological Center warned on Saturday.

“On the night of May 3 in the central, southern, eastern, and Sumy regions, and on the night of May 4 in the east of the country, ground frosts of 0-3° are expected (Level I hazard, yellow),” the statement said.

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Arsenal Insurance will allocate over 50 million hryvnias for dividend payments

Shareholders of Arsenal Insurance (Kyiv) decided at a meeting on April 30, 2026, to allocate a portion of retained earnings for 2020—UAH 154,100—and for 2022—UAH 49.946 million—for dividend payments, the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC).
As stated in the report, the dividend per common share will amount to UAH 167. Dividends are paid directly to shareholders in proportion to the number of shares held by each of them.
IC “Arsenal Insurance” is the successor to IC “Arsenal-Dnipro,” which has been operating in Ukraine since 2005. It is represented in all regional centers and some major cities across the country.
According to the NBU, the company ranks fourth among Ukraine’s leading insurers in terms of premiums collected as of the end of 2025.

 

Ulyanovskoye PJSC to Hold Shareholders’ Meeting on May 26

According to Fixygen, Ulyanovskoye PJSC plans to hold a general meeting of shareholders on May 26, 2026, as stated on the issuer’s website. The company’s website states that the notice of the annual meeting on May 26 was published on April 23, 2026.

In the publicly available excerpt of the notice, the meeting agenda is not detailed. Typically, at annual meetings, shareholders of agricultural issuers review financial statements, results of financial and operational activities, profit distribution or loss coverage, as well as matters regarding the powers of management bodies; however, the specific agenda items for the meeting of PJSC “Ulyanovskoye” require verification against the full text of the issuer’s notice.

Ulyanovskoye PJSC is registered in the village of Ulyanovka, Bogodukhovsky District, Kharkiv Oblast. According to OpenDataBot, the company’s EDRPOU code is 00387097, the date of registration is December 19, 1996, the authorized capital is UAH 10.317 million, and the director is Andriy Ivanov. The company’s primary activity is the cultivation of grain crops, legumes, and oilseed crops.

According to OpenDataBot, PJSC “Ulyanovskoe” reported revenue of 154.914 million UAH in 2025, net profit of 35.308 million UAH, and total assets of 244.081 million UAH at year-end. In 2024, the company generated UAH 189.509 million in revenue and UAH 20.295 million in net profit. The average number of employees in 2025 was 78.

According to OpenDataBot data, the company’s owners include 374 shareholders listed in the securities owners registry. Agra Opportunity Fund Limited is listed as a major shareholder with a 93.1749% stake.

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