Business news from Ukraine

Business news from Ukraine

Odeskabel increased its net income by third

15 October , 2025  

In April-June of this year, the large Ukrainian cable plant Odeskabel received net sales revenue of UAH 737.4 million, which is 33.5% more than in the second quarter of last year.

According to the company’s interim report, during this period, it produced 2,279 tons of copper cable and wire products worth UAH 722.8 million, compared to 1,700 tons worth UAH 578.2 million in the second quarter of last year.

Average selling prices for cable products for the reporting period of 2025, as in 2024, ranged from UAH 600,000 to UAH 1.5 million/km, depending on the brand size.
In April-June 2025, products worth UAH 134.5 million (18.2% of sales) were exported, while in the second quarter of last year, products worth UAH 139.5 million (25.3%) were exported.

As in the previous year, the plant used 70-80% of its equipment during the reporting period.
The report does not contain data on financial results (profit or loss) for the second quarter of both 2025 and 2024.

Odeskabel lists the following issues affecting its operations: high interest rates on bank loans, lack of state orders for domestic manufacturers’ products, refusal of foreign partners to cooperate with Ukraine in the context of the war, and complications in crossing the border for business trips.

According to the company’s interim report for the first quarter of this year, it increased its net sales revenue by 70.2% compared to the same period in 2024, to UAH 738 million, with exports accounting for 22% of sales (UAH 159.7 million), compared to 23.6% (UAH 98.4 million) in the first quarter of 2024.

PJSC “Odeskabel” produces a wide range of communication, radio frequency, digital, and LAN cables, with the most extensive range on the Eastern European market. It also produces power and heating cables, wires, and cords.

In Ukraine, the company’s products are used by telecommunications operators and energy networks, among others.
At the end of the first half of the year, the plant employed more than 800 people.

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