Business news from Ukraine

Business news from Ukraine

Slavgorod Reinforcing Bar Plant’s profit fell to 1.13 mln UAH

PJSC Slavgorod Reinforcing Bar Plant (SAZ, Dnipropetrovsk region) reported a net profit of UAH 1.132 million for 2025, compared to UAH 7.497 million in 2024.

According to the company’s announcement in the disclosure system of the National Securities and Stock Market Commission (NSSMC) regarding the remote general meeting of shareholders to be held on April 17, six items are scheduled for consideration, including approval of the results of financial and operational activities for 2025 and a decision on the profit distribution procedure.

In addition, it is proposed to preliminarily grant consent for the execution of significant transactions and to approve the procedure for the mandatory buyback of shares from shareholders who voted against the decision to execute significant transactions.

The draft resolutions, copies of which are available to the Interfax-Ukraine agency, propose that the net profit earned in 2025, amounting to UAH 1.132 million, be retained by the company to fulfill its statutory tasks and objectives. No annual dividends are to be accrued or paid based on the results of operations in 2025.

As of the end of 2024, SAZ’s retained earnings amounted to UAH 27.848 million.

As reported, in 2023, SAZ increased its net profit to UAH 18.93 million, which exceeded the 2022 figure by more than four times.

The Slavgorod Valve Plant was founded in 1926 as a manufacturer of cast iron valves. It currently specializes in the production of steel pipeline equipment (shut-off, control, and steam traps) and the assembly of flanges for such equipment. It also manufactures devices for securing mine workings in coal mines, as well as forgings and stampings for automotive and agricultural machinery parts.

According to the State Registration Service data for the fourth quarter of 2025, PJSC “Promarmatura” (Dnipro) owns 53.5661% of PJSC “SAZ,” and PJSC “Inter-Industry Assembly Base ”Zagallomashkontrakt” owns 22.0307%.

The authorized capital of PJSC “SAZ” is UAH 0.045 million, and the par value of a share is UAH 0.25.

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Lutsk Brewery Will Hold Virtual Meeting on April 15

According to Fixygen, PJSC “Lutsk Brewery” will hold its annual general meeting of shareholders on April 15, 2026, in a virtual format. The relevant announcement was published in the information disclosure system, and the company has posted materials for shareholders on its website.

The company is registered in Lutsk and has been operating since the 1990s.

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JSC “Kharkiv Electrical Installation Products Plant” will hold shareholders’ meeting on April 9

According to Fixygen, JSC “Kharkiv Electrical Installation Products Plant” will hold a general meeting of shareholders on April 9, 2026. Information about the meeting on this date has been published on the issuer’s corporate website.

JSC “Kharkiv Electrical Installation Products Plant” was registered in January 1994. According to the registry, the company is located in Kharkiv, and its director is Anatoliy Konik.

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Construction has begun on plant for processing and manufacturing basalt products in Zakarpattia

Construction has begun on a plant for processing basalt and manufacturing finished basalt products by BF “Zavod” within the “BF Terminal” industrial park in Zakarpattia.

“As part of the ”BF Terminal” industrial park, a plant with an area of over 37,000 square meters will be built, equipped with modern machinery and utilizing innovative technologies, which will provide over 120 guaranteed jobs with high salaries. This investment of over 30 million euros will ensure a stable annual inflow of up to 10 million hryvnias into the local budget and strengthen the community’s capacity for sustainable development. At the same time, the state will receive a strategic product for domestic use and export,” Deputy Head of the Presidential Office Viktor Mykyta reported on Telegram.

According to Vitaliy Kindrativ, Deputy Minister of Economy, Environment, and Agriculture of Ukraine, the development of “BF Terminal” in Zakarpattia is an example of how the development of industrial parks is shaping a new economic reality, in which state incentives help launch modern production facilities. “Thanks to government incentives, the Berehove district is gradually transforming into a powerful industrial hub working toward the recovery of Ukraine’s economy,” he emphasized.

He noted that government funds are being directed toward key infrastructure, primarily the construction of a new railway access track at the Batyevo station. “This is essentially a transport artery that will connect the industrial facilities of the park to the Ukrzaliznytsia network and open direct access to European markets. Additionally, major repairs are being carried out on the exit ramp from the highway,” he said.

In addition, state funding covers the full cycle of energy supply, specifically the construction of a new 110 kV high-voltage power line, the construction of a modern “BF Terminal” substation, and the reconstruction of the existing outdoor switchgear. “This creates a reserve of energy stability not only for the industrial park but also for the entire regional power grid,” says Kindrativ.

According to Mikita, railway tracks and electrical infrastructure have already been built at a total cost of 316.6 million UAH. Approximately 148 million UAH of this amount was financed from the state budget.

As reported, at the end of 2025, “BF Terminal” in Zakarpattia Oblast, among others, received state funding for infrastructure development, specifically 11.908 million UAH for the major repair of the exit ramp from the highway.

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Traffic on several bridges in Kyiv will be partially restricted tomorrow and day after

Over the next two days, March 17 and 18, traffic on several bridges and overpasses in Kyiv will be partially restricted. During this time, specialists from the Kyivavtoputemost municipal enterprise will be repairing sections of the road surface, according to the Kyiv City State Administration.

According to the report, on Tuesday, March 17, repair work will be carried out on the Vozduhoflootsky overpass crossing the railroad tracks on Air Force Avenue, the bridge over the on Povitryanikh Sil Avenue, the overpass on Zhylianska Street, the Northern Bridge, and the overpass at the intersection of Dehtiarivska Street and Mykola Vasylenka Street with Beresteisky Avenue near the “Beresteiska” metro station.

On Wednesday, March 18, traffic will be restricted on the Vozduhoflootsky overpass over the railroad tracks on Povitryanikh Sil Avenue, the bridge over the Lybid River on Povitryanikh Sil Avenue, the overpass on Zhylianska Street, the Northern Bridge, and the overpass over the railroad tracks on Mykoly Vasylenka Street.

“During the work, traffic will be restricted partially and in stages. In the event of deteriorating weather conditions, the schedule for the work may be changed,” the Kyiv City State Administration emphasized.

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Book on War in Ukraine Named “Book of Year” in Poland

According to the Interfax-Ukraine Culture project, the novel “Null” (“Zero”) by Polish writer Szczepan Twardoch, dedicated to the war in Ukraine, won in the “Fiction” category of the Książka Roku 2025 reader poll on the Polish platform Lubimyczytać, as reported on the platform’s website .

“The novel ‘Null’ is a story about war, memory, and what war does to a person,” note the organizers of the Książka Roku poll on the Lubimyczytać platform

The Lubimyczytać announcement notes that this year, readers cast 277,259 votes across 16 categories, and the winners were announced during a ceremony at the International Book Fair in Poznań.

In the fiction category, Twardoch’s novel beat out Valérie Perrin’s “Colette” and Jakub Malecki’s “Obiekty głębokiego nieba.” The “Null” platform describes it as a painfully contemporary story about the war in Ukraine, which was initially conceived as an essay for a German publisher but later evolved into a full-fledged novel.

As the poll organizers note, the book combines themes of war, historical memory, and the human experience of history, and raises questions about what war does to a person. This is not Twardoch’s first such recognition: last year, his novel “Korowód” won in this same category. In addition, “Null” previously also received an award as an Empik network bestseller.

The novel was published in February 2025 by Marginesy. Translations into German, Slovak, and Belarusian have since appeared, and the Ukrainian translation is being prepared by the publishing house “Fabula.”

Szczepan Twardoch is one of the most famous contemporary Polish writers, and his books have already been published in Ukrainian in Ukraine. In 2024, the writer was honored with the Stand with Ukraine Award for his support of Ukraine: following the start of Russia’s full-scale invasion, he has been involved in humanitarian and volunteer aid, and he refused permission to publish his novel *The King* in Russia until the war ends.

As reported, on March 16, the DTEK photo exhibition “Do Svitla / Into the Light” will open at the “Sens” bookstore on Khreshchatyk in Kyiv. The exhibition is dedicated to one of the harshest winters Ukraine has endured during the war, as well as to the people who helped the country survive, according to the bookstore’s press service.

https://interfax.com.ua/news/culture/1151986.html

 

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