Heating boiler manufacturer Mayak Plant JSC (Mayak JSC, Zmiiv, Kharkiv region) plans to pay dividends to shareholders in the amount of UAH 1,023 thousand per share (par value UAH 1 thousand) for 2024.
According to the draft resolutions of the company’s general meeting of shareholders scheduled for April 21, dividends are to be paid between July 25 and October 25 this year.
The authorized capital of the company is UAH 210 thousand, divided into 210 shares. Thus, the total amount of dividends will be UAH 214.83 thousand.
According to the company, in 2024, its net profit amounted to UAH 0.215 million (UAH 4.61 million a year earlier), and retained earnings amounted to UAH 16.37 million. Net income per share amounted to UAH 1.024 per share (in 2023 – UAH 21.96 thousand).
Last year, the company’s assets increased by 10% to UAH 65.64 million, in particular, total receivables increased by 3.6% to UAH 10.1 million, inventories decreased by 26% to UAH 21.6 million, while cash and cash equivalents increased 2.5 times to UAH 24.5 million.
Over the year, Mayak JSC increased its current liabilities by 7.4% to almost UAH 6 million, while long-term liabilities more than quadrupled to UAH 7.4 million.
As reported, in 2023, the company paid dividends at the rate of UAH 2.195 thousand per share.
According to the National Securities and Stock Market Commission (NSSMC), as of the third quarter of 2024, 52.381% of the shares of Mayak Plant JSC are owned by CEO Oleksiy Mushtai, and 14.2857% each by Tetyana Samusenko and Zoya Garagata.
The Mayak plant was established in 1991 and produces household heating appliances under the Mayak brand.
According to Clarity-project, the company’s net income in 2024 decreased by 6% compared to 2023, to UAH 65.7 million.
Ukrlithium Mining LLC (Ukrlithium) has received a special permit to develop the Polokhivske lithium deposit in full compliance with the law, the company said in a statement.
“Recently, there has been an increase in media attention around rare earth metals and the Polokhivske lithium ore deposit. This demonstrates the high interest of society and international partners in Ukraine’s resource potential. At the same time, unfounded accusations against our company have appeared in the public space. We would like to clarify this situation and provide a comprehensive explanation,” the statement said.
It is clarified that the Polokhivske deposit belongs to the Ukrainian people, as the country’s subsoil is the property of the country and its citizens. “Ukrlithium mining is the first and only company in Ukraine to obtain a special permit for the development of the Polokhivske lithium deposit in full compliance with the law, to go through all the necessary procedures and to pay mandatory payments to the state budget in the amount of UAH 119 million.
After obtaining the special permit, the company continued geological exploration and investment in research. Since 2017, it has invested more than UAH 300 million in the development of the field, conducted an international assessment of reserves, and is fulfilling its obligations to the state.
As emphasized, all processes took place under the control of state authorities. The legitimacy of the company’s operations has been repeatedly confirmed in courts, namely, more than 49 court cases have been won. The legality of the actions and decisions of the State Service of Geology and Mineral Resources of Ukraine, on the basis of which Ukrlithium Mining was issued a special permit after paying all payments for subsoil use, and the special permit itself, was confirmed by the decision of the Kyiv Administrative Court of Appeal in 2019. This made it possible to continue investing in the project, even despite the war.
According to the statement, Ukrlithium mining is a legal business. Investors from the United States, the United Kingdom, and other countries are interested in its project. Any attempts to discredit the company’s work not only damage its reputation but also pose a threat to Ukraine’s investment climate as a whole.
“We are ready for any inspections, both Ukrainian and international. If the attacks on the company continue, we will defend our honor and business reputation in the legal field, including at the international level,” the document says.
“We are confident that we are right, so we will use all legal powers to defend ourselves,” it concludes.
In turn, the National Association of Mining Industry of Ukraine supported Ukrlithium’s position.
“We, as representatives of an industry that strives for transparency and zero tolerance for corruption, support our member and once again want to express public support for transparent and innovative Ukrainian business,” the association said in a statement.
As reported, Ukrlithium Mining LLC (Ukrlithium) intends to build a lithium mine in Kirovohrad region.
According to the company’s website, the mine is expected to operate for 15 to 20 years with an annual production of up to 200 thousand tons of petalite concentrate. The company is also exploring the possibility of building a lithium hydroxide/carbonate plant.
In addition, Ukrlithium will produce about 1,100 thousand tons per year of lithium-containing feldspar per year.
In 2024, Ukraine imported seeds of mainly grains and oilseeds mainly from the European Union, most of them were imported of hybrid corn, and the purchase of rapeseed was also increased, the press service of the National Research Center Institute of Agrarian Economics reports.
“Ukraine has purchased seeds of grains and oilseeds, sugar beets and vegetables abroad for $381.3 million. At the same time, the vast majority of supplies – 52.5% – were made last year by the EU member states. They sold more than $200 million worth of seeds to domestic farmers. The share of the United States of America is 19.0%, and the volume of imports from this country amounted to $72.6 million,” the report says.
In the structure of grain seeds imports to Ukraine in 2024, hybrid corn accounted for 95.8%, or 7.6 thsd tonnes. Ukraine purchased 0.7 thsd tonnes of seed wheat, 0.3 thsd tonnes of barley, 42 thsd tonnes of rye, and 32 thsd tonnes of sorghum. The main suppliers were France, Germany, the Czech Republic, Denmark, and Italy.
The share of sunflower seeds in the imports of oilseeds is 81.5% (17.4 thsd tonnes), while 4.1 thsd tonnes of rapeseed and 0.7 thsd tonnes of soybeans were also purchased. The purchase of seeds of grains and oilseeds accounts for about 80% of domestic imports, where sunflower seeds account for 55% of its value, which last year amounted to $211.1 million.
In addition, Ukraine purchased more than three quarters of sunflower seeds from the US – 5.5 thsd tonnes for $72.5 mln (34.3%) and Turkey – 7.9 thsd tonnes for $85.7 mln (40.6%). Smaller volumes of sunflower seeds came from France – 1.9 thsd tonnes worth $24.8 mln (11.7%), Italy – 0.6 thsd tonnes worth $4.7 mln (2.2%) and Hungary – 0.4 thsd tonnes worth $5.0 mln (2.4%).
Only one tenth of the total amount of seed purchases – $41.4 mln – was spent on corn, the main suppliers of which were France – 2.7 thsd tonnes ($19.0 mln). tons for $19.8 million (47.8%), Romania – 1.7 thousand tons for $6.4 million (15.5%), Austria – 1.6 thousand tons for $7.5 million (18.1%), and Hungary – 1.1 thousand tons for $3.9 million (9.5%), as well as Germany (68 tons for $1 million) and Italy (131 tons for $0.4 million).
As for soybeans, the country imported the seeds worth $2.9 mln from Canada (270 tons – 38% of soybean imports), Austria (186 tons), Romania (119 tons) and France (89 tons).
The purchases of rapeseed in 2024 increased compared to the previous year to $45.2 mln. The main suppliers were Germany – 1.7 thsd tonnes for $17.6 mln (38.9%), France – 1.1 thsd tonnes for $12.4 mln (27.4%), Spain – 0.9 thsd tonnes for $11.7 mln (25.9%), and for the first time New Zealand, which supplied 209 thsd tonnes for $1.9 mln.
In addition, the volume of purchases of seeds of niche crops, including sorghum, flax, hemp and mustard, is increasing. The main suppliers are EU countries, including France, Germany and Denmark.
“The possibility of obtaining seeds from the world’s leading countries allows national breeding and seed production to compete freely abroad, which improves their further prospects for development and entry into the markets of Europe and America,” the Institute of Agrarian Economics summarized.
The Zhezhelevsky quarry in Vinnytsia region, which was put up for sale in March 2024, is looking for a buyer again. NADRA.INFO reports citing an announcement by InVenture.
The price of the asset has not changed over the year: the seller is asking $3,250,000.
InVenture cites the following characteristics of the quarry:
The area of the deposit is 54.9 hectares. The area of the leased territory is 88.09 hectares (7 plots). The mining allotment for the extraction of block stone is 15.92 hectares, and for the extraction of stone for crushed stone – 33.28 hectares. The land lease agreements are valid until 2036.
Special mining permit until 2036. The permit includes two separate areas: for the extraction of block stone (Cardinal Grey GG4) and rubble stone for the production of crushed stone.
The balance reserves as of 2024 amount to 15.762 million m3, including 3.176 millionm3 for blocks (categories A + B) and 12.586 millionm3 for crushed stone (categories A + B + C1).
In addition, in the C1 category, the conditional balance sheet reserves for the block area are +2.69 millionm3 and for the crushed stone area +1.074 millionm3. Additionally, there may be an increase in reserves at the bottom of the pit. The initial reserves have been depleted by only ≈ 24% since 1975.
Crushed stone product characteristics: fraction nomenclature according to certificates: 0-5, 5-10, 10-20, 5-20, 20-40, 40-70, mixtures of C-11, C-7, C-5. Compressive strength grade M1200, density 2.7 t/cubic meter, radioactivity class one, abrasion grade St.1, impact resistance grade U-75, gross friability g/p = 15%. An operating laboratory with equipment.
Characteristics of block raw materials: Zhezhelevsky granite has a predominantly dark gray color, medium grain size and is covered with garnet-colored inclusions. The granite has the grade M1200 – M1400, radioactivity class – the first, lends itself well to polishing and is easy to process. Mineral composition: KPS – 20%, Plagioclase – 30-35%, Quartz – 23%, Biotite – 15-25%, others – 2-7%. The main products of the quarry are granite blocks with a volume of up to 4 m3. In addition to blocks, it is possible to produce granite slabs for further processing.
Number of employees: 24 people (engineers – 8 people, other staff – 16 people). Current operation in 1 shift.
Nominal annual capacity of the crushed stone production line = 1,100,000 tons per year
Actual hourly processing capacity = 280-340 tons/hour (depending on the operating mode)4 crushing stages:
The announcement also clarifies that in the summer of 2024, a significant modernization of production was carried out, the crushing and screening complex was automated on the basis of Skada software with a central control panel, each element of the plant has appropriate indication, protection, and measuring devices to avoid the influence of the human factor, the line is fully equipped with machinery: two forklifts (CAT, VOLVO), an excavator (Liebherr), two BelAZ trucks (45 tons), two BelAZ trucks (30 tons), KrAZ trucks, three cranes (two KC and RDC cranes), a fuel truck, etc. There is also a 10 cubic meter licensed tank and a garage with repair bays, as well as two Skoda cars.
In addition to the crushing and screening line, the quarry has a complex of workshops for sawing and polishing slabs from the block quarry, all equipped with crane beams, overhead cranes and hoists.
Also on the territory are the following buildings: operator’s room, amenity room, administrative building, checkpoint, warehouse, lathe shop, compressor room, pump room, and garage. The area of all buildings is more than 4000 square meters.
There is a railway loading unit equipped with a ramp with two receiving hoppers and a conveyor loading system for 10-20 receiving cars.
Ihor Mazepa, founder of Concorde Capital Investment Group, and Vitaliy Antonov, founder of Galnaftogaz Group, became the official owners of Zhezhelevsky Quarry in the fall of 2024. However, it can be assumed that they have been controlling the company since December 2021 through German citizen Florian Guth. The Ministry of Justice asked the High Anti-Corruption Court to confiscate Zhezhelivskyi Quarry and Khust Quarry as state property, as both companies were purchased in 2021 from Austrian STRABAG SE, a stake in which was controlled by sanctioned Russian citizen Oleg Deripaska. The HACC Appeals Chamber canceled the confiscation.
Source: https://nadra.info/2025/03/antonov-and-mazepa-are-again-looking-for-a-buyer-for-a-granite-quarry/
Last year, Kyivstar, the largest mobile operator, increased its revenue by 11% compared to 2023 to UAH 37.27 billion, while increasing capital investments by 60.7% to UAH 10.22 billion, according to the reports published by its parent company VEON.
According to the report posted on VEON’s official website on Thursday, Kyivstar’s revenue in the fourth quarter of last year increased by 15.9% compared to the fourth quarter of 2023 to $251 million, and for the whole of 2024 it grew by 12.8% compared to 2023 to $925 million. In hryvnia terms, the operator’s revenues in the fourth quarter increased by 31.5% to UAH 10.413 billion, and by 11% to UAH 37.27 billion for the whole of 2024. Moreover, revenues from telecommunications services and infrastructure increased by 29.6% to UAH 10.12 billion in the fourth quarter and by 9.6% to UAH 36.39 billion in 2024.
Revenue from digital services increased by 170.2% to UAH 286 million in the fourth quarter and by 122.3% to UAH 880 million in 2024.
EBITDA in the fourth quarter increased by 2.5% compared to the fourth quarter of 2023 to $140 million, and in 2024 decreased by 4.2% to $518 million compared to 2023. EBITDA in UAH equivalent in the fourth quarter increased by 36.9% to UAH 5.78 billion, and in 2024 increased by 5.8% to UAH 20.92 billion.
In the fourth quarter, EBITDA margin in UAH equivalent increased by 2.2 percentage points to 55.6%, while in 2024 it decreased by 2.7 percentage points to 56.1%.
Capital investments increased by 65.3% to UAH 4.25 billion in the fourth quarter and by 60.7% to UAH 10.22 billion in 2024.
The number of Kyivstar subscribers in the fourth quarter of last year decreased by 3.8% to 23 million compared to the fourth quarter of 2023. Moreover, the number of 4G users in this period decreased by 2.8% to 14.5 million. The number of multiplay customers (customers who use several communication and entertainment services from one provider – IF-U) increased by 50.2% to 6.1 million.
“The decrease in the number of 4G users caused by an overall decline in the number of mobile subscribers and an increase in the number of roaming users was more than offset by a 19.9% increase in data usage per user,” VEON said in its report.
Digital MAU (Monthly Active Users – the monthly number of active digital users of a particular online platform, application or digital service – IF-U) increased by 29.6% to 10.6 million. In the fourth quarter of last year, ARPU (average revenue per user) increased by 34.5% to UAH 136, while MOU decreased by 1.7% to 298 minutes (in the fourth quarter of 2024). The average amount of mobile Internet used by one user in the period increased by 19.9% to 11.2 GB.
In addition, it is reported that Helsi Ukraine, the largest digital healthcare platform in Ukraine, continued to grow. In the fourth quarter of last year, the number of patients registered on the platform increased by 5% to 28 million. The number of active medical facilities increased by 3% to 1.6 thousand active medical facilities. The number of medical specialists registered on the platform also increased by 5% (to 39 thousand). The number of downloads of the mobile application reached 9.2 million, including 2.4 million appointments with doctors (+8% yoy).
The average monthly audience of Kyivstar TV in 2024 increased by 54.8% compared to 2023 to 2 million, driven by demand for premium content. New features such as content downloads, multi-screen access and personalized recommendations further increased user engagement, VEON’s report says.
Lviv Municipal Motor Transport Enterprise No. 1 has announced a tender for compulsory insurance of civil liability of car owners (vehicle type D2) (332 units). As reported in the system of electronic procurement Prozorro, the reason for this decision was the lack of tender offers.
As reported, the tender was announced on March 11, the expected bidding price is UAH 15.059 million. The deadline for submitting applications for participation is March 19. The winner of a similar tender a year earlier was IC Krajina.
Lviv Motor Transport Company No. 1, tender for MTPL insurance
