The Parallel gas station chain (AZK) Parallel reported a net profit of UAH 165,875,000 in 2025, which is 7.14 times higher than the corresponding figure for 2024 (UAH 23,212,000), according to a company statement provided to the Energoreformi online portal by the press service.
According to the report, net profit in 2023 was a loss of 978,000 UAH.
Meanwhile, the company’s revenue in 2025 was 11,179,677 thousand UAH, in 2024 – 8,750,387 thousand UAH, and in 2023 – 4,830,609 thousand UAH. The company forecasts revenue of nearly UAH 13,917,547 thousand for 2026.
Profitability increased from minus 0.02% in 2023 to 0.27% in 2024 and 1.48% in 2025.
At the same time, the company’s assets, as well as its liabilities, decreased. In 2024, assets amounted to nearly 6.8 billion UAH, and in 2025—4.08 billion UAH; liabilities, respectively, were 6.3 billion UAH and 3.5 billion UAH.
For 2025, the company reports more than double the growth in pre-tax wages compared to 2024—21,600 UAH versus 10,100 UAH. The lowest salary in the network was in 2022—approximately 5,000 UAH, which is nearly 2.5 times less than the previous year—11,680 UAH in 2021.
According to the company’s data, 454 people were employed in the network in 2025, and 432 in 2024. Revenue per employee amounted to 24.6 million UAH and 20.25 million UAH, respectively.
As reported, the Parallel gas station chain plans to expand its fuel business by 350 gas stations in 2026 and become one of the top five largest retailers of light petroleum products in Ukraine. According to the network’s owner, Oleksandr Dubinin, Parallel plans to invest approximately 2 billion UAH in the network’s development in 2026, time and market conditions permitting. Prior to this, starting in 2022, approximately 350 million UAH was invested in the network’s reconstruction and development.
In an interview with Forbes Ukraine, Dubinin noted that building new stations from scratch during wartime is impossible due to lengthy bureaucratic procedures, obtaining permits, and land allocation, so the company is considering the acquisition of regional networks.
Before the war, the Parallel network comprised 132 gas stations. As a result of the full-scale invasion, Parallel lost or suspended operations at a significant portion of its facilities. As of July 2025, 76 gas stations were reported to be operational across 8 regions.
Parallel is among the top 10 largest Ukrainian fuel importers.
Alexander Dubinin is listed as the sole owner of the network.
