PJSC “Electrometallurgical Plant ”Dniprospetsstal” (Zaporizhzhia) increased its net loss by 3.9 times in the January-March period of this year compared to the same period last year, reaching UAH 510.751 million.
According to the company’s interim report, available to the Interfax-Ukraine agency, revenue from ordinary activities for this period decreased by 21.4%—to UAH 957.475 million from UAH 1.217961 billion.
The uncovered loss as of the end of March 2026 amounted to UAH 6.775516 billion.
According to the 2025 report, the company’s net loss last year increased by 22.1% compared to 2024—to UAH 711.015 million from UAH 582.427 million. At the same time, revenue from ordinary activities for this period decreased by 6.2%—to 5.330967 billion UAH from 5.686039 billion UAH.
74.6% of the company’s total sales volume is supplied to the Ukrainian market, while 25.4% is exported. The most important export markets (based on the share of sales in exports): Western Europe – 43.9%, North and South America – 26.6%, Eastern Europe – 25.5%, with the remainder distributed among the Far and Middle East.
As of December 31, 2025, the company’s workforce numbered 2,814 people (in 2024 – 3,147 people).
“Dniprospetsstal” is Ukraine’s sole manufacturer of long products and forgings made from special steel grades: stainless, tool, high-speed, bearing, structural, as well as heat-resistant nickel-based alloys.
According to the National Securities and Stock Market Commission (NSSMC) as of the fourth quarter of 2025, its shares are held by Wenox Holdings Ltd. – 47.1128%, Boundryco Ltd. – 11.0131%, Gazaro Ltd. – 16.5197%, Crascoda Holdings – 6.6826%, and Middleprime Limited – 9.7901% (all based in Cyprus).
It was previously reported that in May 2008, the international investment and consulting group EastOne sold its approximately 30% stake in Dniprospetsstal, which had previously been held under the group’s mandate. Meanwhile, the plant’s new shareholders are linked to VS Energy International, whose beneficiaries include several Russian entrepreneurs.
According to the report, in May 2023, pursuant to a decision by the National Security and Defense Council of Ukraine (NSDC) dated May 12, 2023, personal economic sanctions were imposed on the ultimate beneficial owner of Dniprospetsstal.
The company’s authorized capital is UAH 49.720 million.
