Ukrzaliznytsia plans to change average transportation speeds for grain cars starting June 16, according to Valery Tkachov, deputy director of the commercial department at Ukrzaliznytsia (UZ) Valery Tkachov during an online meeting with participants in the agricultural market.
He noted that for grain cars of the Center for Transport Logistics branch of JSC Ukrzaliznytsia on domestic and import transportation, the speed for car dispatch will be 111 km/day, for route trains — 258 km/day; for export transportation via land crossings — 144 km/day and 217 km/day, respectively; for export transportation to port stations — 189 km/day and 323 km/day, respectively.
Tkachov added that these transport speeds will be taken into account exclusively when calculating the cost of using Ukrzaliznytsia JSC wagons.
Ilt, the official dealer of Peugeot, Citroën, DS, and Jeep car brands, received UAH 23.7 million in net profit last year, which is 38.4% less than in 2023.
According to the company’s annual report published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its net income increased by 33.5% to UAH 915.5 million.
The company’s operating profit decreased by 5% to UAH 69.3 million, and gross profit by 9% to UAH 105.8 million.
As reported, in January-September last year, the company reduced its net profit by 28% compared to the same period in 2023, to UAH 25.163 million, although it increased its revenue by 52%, to UAH 714.5 million.
Thus, in the fourth quarter, the company incurred a loss of UAH 1.45 million against a net profit of UAH 3.68 million in October-December 2023, while net income decreased by 6.2% to UAH 200.5 million.
Ilt LLC began operations in Ukraine in 1992 as an official importer of Peugeot cars, and in June 2010 transferred its importer functions to Peugeot Citroën Ukraine LLC.
It is currently the official dealer in Ukraine for Stellantis car brands Peugeot, Citroën, DS, and Jeep, as well as a service dealer for Opel in Kyiv and the Kyiv region. It has two large car centers in Kyiv, Ilt on Pechersk and Ilt on Kharkivskyi, a service station, a logistics center, and spare parts warehouses.
The company provides operational leasing services for passenger and commercial vehicles, customer vehicle administration, sales of new and used cars, maintenance, and also leases office space in its own seven-story office center, Ilt Business Center.
As of the beginning of 2025, the portfolio consisted solely of operating lease agreements.
“The structure of the company’s main customers is characterized by a low level of diversification (one counterparty, Sandoz LLC, accounts for 40.2% of the total structure of the vehicle leasing fleet), which may increase the risks of dependence on the financial condition of a single counterparty,” the report says.
As reported, in 2023, Ilt LLC received UAH 38.53 million in net profit against a loss of almost UAH 34 million a year ago and doubled its net income to UAH 685.33 million.
State-owned PrivatBank (Kyiv) transferred UAH 32.1 billion in dividends to the state budget, which is more than half of all dividend income from state-owned and municipal enterprises planned for 2025.
According to a statement released by the bank on Thursday, PrivatBank, following a decision by its shareholder, transferred UAH 32.1 billion to the budget, which was transferred in full to the treasury accounts.
It is noted that the state budget of Ukraine for 2025 provides for UAH 50 billion in dividend income from state-owned and municipal enterprises.
In accordance with the Cabinet of Ministers’ decision on the distribution of profits, PrivatBank transferred 80% of its net profit for 2024, which amounted to UAH 40.1 billion, to the budget. Thus, the amount of dividends from the bank reached UAH 32.1 billion.
In addition, PrivatBank paid almost UAH 41 billion in income tax in 2024, which is the highest figure among all banks in Ukraine.
According to the National Bank of Ukraine, as of April 1, 2025, PrivatBank ranked first in terms of total assets with UAH 945.4 billion, or 25.2% among 61 banks.
As reported, PrivatBank topped the ranking of the most profitable banks in the first quarter of 2025 with a net profit of UAH 16.8 billion.
Today, June 12, the Council of the European Union recognized the equivalence of Ukrainian standards for the production of beet, sunflower, rapeseed, and soybean seeds with European requirements, according to the press service of the Council of the EU.
According to this decision, seeds of these crops produced in Ukraine will be able to enter the EU market. This means that EU-based companies will be able to diversify their seed production areas. The new rules will also help to maintain a continuous supply of high-quality seeds to the EU.
“The decision grants equivalence to beet, sunflower, turnip, and soybean seeds produced and certified in Ukraine, fodder plant seeds produced in the Republic of Moldova and officially certified by its authorities, as well as to the corresponding field inspections carried out. The equivalence confirms that the national procedures of the two countries offer the same guarantees regarding seed characteristics and rules for seed examination, identification, and control as those applicable to seeds harvested in the EU,” the statement said.
Moldova has received similar permission for fodder plant seeds.
The decision will enter into force 20 days after its publication in the Official Journal of the EU.
Businessman Oleksandr Yaroslavsky, together with other shareholders of Sukha Balka (Kryvyi Rih, Dnipropetrovsk region), which is part of the DCH group, have joined forces and acquired a controlling stake of 99.7%, presumably for the compulsory buyout of shares from minority shareholders through a squeeze-out procedure.
According to a report by the National Securities and Stock Market Commission (NSSMC) shareholder Artem Alexandrov (Kyiv), acting as an authorized representative of persons acting jointly, regarding the acquisition of a controlling stake in PJSC “Sukha Balka” taking into account the number of shares owned by their affiliates, directly acquired ownership of 834 million 927.002 thousand shares of the company, which is 99.706% of the company’s authorized capital.
It is specified that the shareholders act jointly on the basis of a joint activity agreement dated June 10, 2025.
According to Aleksandrov, as of June 10 of this year, he directly owns 15.2% of the shares, and a total of 15.217212% of the mine (including indirect ownership).
Yaroslavsky, who is a citizen of the United Kingdom, directly owns 77.4193% of the mine’s shares, and a total of 77.68895%.
Ukrainian citizen Alexander Chorny directly and collectively owns 2%, Motor Development Group LLC (beneficial owner Gennady Piontkovsky) – 4.7999%, PJSC Closed Non-Diversified Venture Corporate Investment Fund Smart Capital (beneficial owner Yaroslavsky) – 0.2868%.
The Sukha Balka mine is one of the leading mining companies in Ukraine. It extracts iron ore using underground methods. It includes the Yuvileina and Frunze mines.
In May 2017, the DCH Group acquired the mine from the Evraz Group.
According to the NDU for the first quarter of 2025, Yaroslavsky, who is designated as a non-resident of Ukraine (a citizen of Great Britain), directly owns 77.4193% of the mine’s shares, and Artem Alexandrov, a resident individual, owns 20%.
The authorized capital of Sukha Balka is UAH 41.869 million, with a share par value of UAH 0.05.
The Ministry of Agrarian Policy and Food and the World Bank plan to expand cooperation in the development of Ukraine’s agribusiness sector.
The agreement was reached following talks between Minister of Agrarian Policy and Food Vitaliy Koval and World Bank Managing Director for Operations Anna Bjerde, the ministry’s press service reported.
According to the report, the parties agreed to expand cooperation in three areas: preparing analytical data for decision-making in the agribusiness sector; institutional support for the Ministry of Agrarian Policy with a focus on integration into EU policies and standards; implementation of programs for more than 200,000 small and medium-sized farmers as the basis for Ukraine’s agricultural sustainability.
“Our goal is not only to preserve but also to transform Ukrainian agriculture in line with EU standards and opportunities. And the advocacy platform provided today by the World Bank team in Vienna is actually the key to faster and more successful European integration,” Koval emphasized.
In addition, during the meeting with World Bank representatives led by Regional Director for Sustainable Development in Europe and Central Asia Sameh Wahba, the possibility of deepening cooperation in the field of irrigation was discussed. In particular, they talked about restarting the irrigation system development plan to get help in more regions of Ukraine.
