Business news from Ukraine

Business news from Ukraine

AMCU will consider granting permission to Nadiya LLC to acquire Kharkiv-based agricultural company Sosonivka-Agro

The Antimonopoly Committee of Ukraine (AMCU) plans to consider granting permission to Nadiya LLC (Kharkiv region) to acquire direct control over the agricultural limited liability company (STOV) Sosonivka-Agro (Kharkiv region).

According to the draft agenda of the regulator’s meeting on January 29, published on its website, the deal would give the buyer sole control over the agricultural enterprise.

According to Youcontrol, LLC “Sosonivka-Agro” (Sosonivka village, Krasnohrad district, Kharkiv region) was registered in March 2008. It specializes in growing grains, legumes, and oilseeds, and is involved in auxiliary activities in crop production and wholesale trade in agricultural raw materials. Its authorized capital is UAH 51,500.

According to the service, Nadiya LLC (Pokrovske village, Berestinsky district, Kharkiv region) was registered in 2002. It specializes in growing cereals, legumes, and oilseeds, as well as vegetables and root crops, and auxiliary activities in crop production. In addition, the company produces instant cereals and flakes, which it sells under the Holm’s trademark in Ukraine and exports to 10 countries. The company’s production capacity is 3,000 tons of cereal products and 1,000 tons of flakes per month.

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ATB chain increased its turnover to UAH 294 bln in 2025

The turnover of the ATB retail chain (ATB-Maket LLC) grew by 18% compared to the previous year and amounted to UAH 294.2 billion (including VAT and excise tax) in 2025, according to the company’s press service.

“According to statistics, the average check in the ATB-Market chain last year was over UAH 260. Over the course of one year, ATB customers in different parts of Ukraine made over one billion purchases, which is a record for the domestic food retail industry,” the press release said.

Last year, the chain opened 67 new stores and carried out major renovations on seven more, two of which were completely restored after enemy shelling. As of January 2026, the total number of ATB stores in Ukraine is 1,319.

“Over the past few years, the ATB chain has grown by 40-50 new stores annually. In 2025, this figure increased to almost 70, which is of particular importance to society, as ATB stores have effectively become centers of resilience. Equipped with powerful generators and solar panels, they operate even in difficult conditions,” the company said.

For stores located in frontline regions, the chain introduced a special “combat” assortment of 500-700 food items and essential goods.

According to the report, 2,354 new jobs were created at ATB group companies in 2025. As of early 2026, the total number of employees of the ATB group of companies exceeded 60,000, more than 48,500 of whom are employees of the corporation’s flagship enterprise, the ATB-Market chain.

In addition, 694 employees with veteran status are employed at ATB Group companies. Of these, 263 are demobilized military personnel who have returned to the company to their jobs, and 431 are people who have joined ATB for the first time.

“Unfortunately, the war does not leave us alone. Almost 5,000 ATB employees have changed their uniforms for military equipment and stood up to defend our country. Unfortunately, more than 300 of them paid the highest price – they gave their lives in the fight for freedom. About 500 suffered injuries of varying severity,” the company said.

ATB has introduced a corporate program to support veterans, which provides for annual financial payments and targeted financial assistance in case of force majeure.

In total, in 2025, the ATB group of companies paid UAH 37.8 billion to budgets at various levels, which is one-third more than in 2024. According to the press service, of this amount, UAH 25 billion was allocated to the state budget, UAH 8.3 billion to local budgets, and UAH 4.4 billion to targeted state funds. Almost 80% of the amount (UAH 30 billion) came from ATB-Market.

As reported, in 2024, the turnover of the ATB chain increased by 15% compared to 2023, reaching UAH 248.3 billion.

According to data from the YouControl analytical system, the ultimate beneficiaries of ATB-Market LLC are Yevgeny Yermakov, Viktor and Irina Karachun, and Gennady Butkevich.

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Kyivstar exceeded forecasts, increasing revenue and profit by 24-26% in 2025

According to the results of 2025, Kyivstar, Ukraine’s largest mobile operator, increased its revenue and EBITDA by 24-26%, exceeding the forecast announced in November 2025, according to a press release from telecommunications holding company VEON, the main shareholder of Kyivstar Group with an 89.6% stake.

According to preliminary unaudited estimates, capital expenditures in 2025 are expected to be in the range of 29-31% of revenue.

VEON expects the results to exceed the 2025 forecast published on November 10, 2025, along with the financial results for the third quarter of 2025, the release said.

As reported, Kyivstar served 22.5 million mobile subscribers in the third quarter of 2025, down 3.6% from the previous year, while the number of 4G customers grew by 2.4% to 15 million.

In the third quarter of 2025, the company’s EBITDA was UAH 7.1 billion, which is 21.5% more than in the third quarter of 2024, and in dollars, the growth was 20.4% to $171 million.

In the first half of 2025, Kyivstar increased its EBITDA by 32% to $06 million, while its revenue grew by 28% to $539 million.

In August 2025, Kyivstar Group Ltd. (Nasdaq: KYIV) announced the completion of its listing on the Nasdaq Stock Market LLC (Nasdaq) and the start of trading in the shares of the largest mobile operator Kyivstar under the ticker KYIV.

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Group of cocaine dealers was detained in Transcarpathia

Law enforcement officers in Transcarpathia uncovered a cocaine distribution scheme, in which the criminals disguised the drugs as washing powder and sent them to “customers” by mail, according to the Office of the Prosecutor General.

“According to the investigation, a 27-year-old resident of Zakarpattia organized a channel for supplying drugs to Ukraine and recruited accomplices to help him,” the prosecutor’s office said in a statement on its Telegram channel on Thursday.

The agency notes that the accomplices helped store the goods in a warehouse, pack them into bags, and prepare them for sale.

“Cocaine disguised as washing powder was sent to their ‘customers’ by mail to various regions of Ukraine, in particular to Kyiv,” the prosecutor’s office said.

According to the Office of the Prosecutor General, the sale of six pressed briquettes of cocaine, weighing about 1 kg each, has been documented. The approximate value of this on the “black market” reaches hundreds of thousands of US dollars.

“During an attempt to sell another batch of narcotics, law enforcement officers exposed one of the members of the criminal group, and another in his own home in Uzhgorod,” the agency said.

As a result of searches in the apartments, warehouses, and vehicles of the aforementioned individuals, narcotic and psychotropic substances were seized: cocaine, methamphetamine, mephedrone, as well as computer equipment, mobile phones, packaging materials, postal receipts, cash, and draft documentation.

Under the procedural guidance of the Transcarpathian Specialized Prosecutor’s Office in the field of defense of the Western region, they were notified of suspicion of illegal storage, shipment, and sale of narcotic drugs, psychotropic substances, or their analogues on an especially large scale (Part 3 of Article 307 of the Criminal Code of Ukraine).

Pre-trial investigation – USBU in Zakarpattia region based on materials from USBU in Zakarpattia region and USR in Zakarpattia region DSR NPU.

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Ukraine and UAE promote agri-hub projects and Food from Ukraine program

The creation of agri-food hubs as a new format for international cooperation in the field of food security was discussed by Deputy Minister of Economy, Environment and Agriculture Denys Bashlyk and Director General of the DIHAD Sustainable Development Fund of the United Arab Emirates Organisation Khaled Al-Attar, according to the press service of the Ministry of Economy.

“Ukraine is already actively working to expand the Food from Ukraine initiative, namely to create food hubs in African countries. This is not just about exports—it is about building local infrastructure for food storage, processing, and distribution. We want to scale up this approach. Together, we can create a network of modern food hubs that will ensure stable food supplies to the regions that need it most, including the Middle East. This is a contribution to global food security and stability,” Bashlyk said during the talks.

The deputy minister stressed that food security and the construction of food hubs, particularly in the Middle East, could become a new strategic area of cooperation, and expressed confidence that the development of such cooperation would contribute to the formation of a new innovative agroecosystem and the deepening of economic and investment ties between countries.

The parties also focused on developing cooperation between the state and business at the B2B and B2G levels, as well as establishing partnerships between scientific institutions. Practical steps include organizing a Ukrainian pavilion at the DIHAD exhibition in the UAE, as well as holding a thematic round table dedicated to food humanitarian aid issues.

DIHAD Sustainable is a specialized platform and international initiative aimed at promoting sustainable practices in agriculture, food, water, forestry, and natural resource management. It brings together government institutions, international organizations, agribusinesses, scientific institutions, and civil society organizations to share knowledge, best practices, and technologies that promote the sustainable development of agricultural sectors in the context of climate change, economic challenges, and growing environmental safety requirements.

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Ukrnafta paid over UAH 96 bln to budget during three years of state management

According to preliminary data, during three years of state management, Ukrnafta paid UAH 96.7 billion in taxes, fees, customs duties, and dividends to the state budget.

“Ukrnafta’s results are an example of effective and responsible state management, which is extremely important for the country in the context of a full-scale war. This is not only about financial indicators, but also about trust in the state as an owner, stable budget revenues, and a real contribution to the country’s stability and energy security,” emphasized Serhiy Koretsky, head of the Naftogaz Group.

In 2025, Ukrnafta’s contribution amounted to:

• UAH 28.6 billion in taxes, fees, and customs payments;

• UAH 5 billion in dividends.

The final figures will be confirmed after the close of the financial year and an independent audit.

“The company adheres to strict fiscal discipline. We understand that tax revenues directly support the Armed Forces, local communities, and the overall stability of the Ukrainian economy,” said Bogdan Kukura, Chairman of the Board of JSC Ukrnafta.

In total, over three years of state management, the company has contributed UAH 81.4 billion in taxes, fees, and customs payments to the budget, as well as UAH 15.3 billion in dividends, according to preliminary data.

Ukrnafta JSC is Ukraine’s largest oil producer and operator of the largest national network of gas stations, UKRNAFTA. In 2024, the company entered into asset management with Glusco. In 2025, it completed an agreement with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates 663 gas stations.

The company is implementing a comprehensive program to restore operations and update the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the corporate rights of the company that belonged to private owners, which is now managed by the Ministry of Defense.

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