PJSC Kryukovsky Carriage Works (KVSZ, Poltava region) received UAH 81.08 million in net profit in 2024, while a year earlier the loss amounted to UAH 143.76 million, according to the agenda of the company’s annual general meeting of shareholders scheduled for April 21.
“According to the results of the company’s financial and economic activities in 2024, the profit amounted to UAH 81 million 082 thousand 307. Taking into account the income from the revaluation of actuarial liabilities, according to the calculation of an independent actuary, in the amount of UAH 9.642 million, to approve the total profit for 2023 in the amount of UAH 90 million 724 thousand 307,” the draft decision of the meeting states.
The profit is planned to be used to pay off losses for previous years, and no dividends will be accrued or paid.
According to the National Securities and Stock Market Commission (NSSMC), as of the third quarter of 2024, Estonian AS Skinest Finants and Osauhing Delantina own 25% of the shares of PJSC “KVSZ”, and Transbuilding Services Limited, registered in England, owns 20%.
At the same time, the list of shareholders includes Austrian OW Capital Management GmbH (controlled by Russian citizen Gamzalov) as the owner of 25% of the shares.
As reported, by a court decision of July 13, 2022, this stake was transferred to the National Agency for Finding, Tracing and Management of Assets Derived from Corruption and Other Crimes (ARMA), and in April 2023, it announced a competitive selection of a manager for this stake.
KVSZ lists its main owner as the chairman of the supervisory board and president, Volodymyr Prykhodko.
Kryukiv Carriage Works produces passenger and freight cars, regional diesel trains, high-speed interregional locomotive trains, spare parts and bogies for freight cars.
In 2024, the plant sold 1,096 thousand freight cars, which is almost 10% more than in pre-war 2021. The first 15 passenger railcars were also delivered to Ukrzaliznytsia under contracts for 66 units.
According to the Clarity-project resource, in 2024, KVSZ’s net income increased by 81% compared to 2023, to UAH 3 billion 767 million.
