According to the Opendatabot Index 2025, the top healthcare companies received more than UAH 14 billion in total revenue. This is 37% more than in 2023. The top list includes 4 chains of medical centers and 6 chains of diagnostic laboratories. Dobrobut Medical Center is among the leaders this year.
The total revenue of the top ten healthcare companies amounted to UAH 14.59 billion. Earnings of the top 10 businesses in the Opendatabot 2025 Index increased by 36.7% compared to 2023. The rating includes 4 medical center chains and 6 diagnostic laboratory chains.
For the second year in a row, the rating is headed by Dobrobut Polyclinic Medical Center, owned by Oleg Kalashnikov. This chain accounts for a quarter of the top ten’s revenue: UAH 3.34 billion. However, even though its revenue grew 1.5 times over the year, the company has been unprofitable for three years in a row.
“Dobrobut is a leader in private healthcare, and we are well aware that leadership means, among other things, a great responsibility to our patients, doctors, partners and the state. That is why we are a white business that has paid more than UAH 1 billion in taxes to the state budget of Ukraine during the years of full-scale war alone. We continue to develop and grow: in particular, last year we launched a Mental Health Center, opened two in-house laboratories and strengthened our ophthalmic surgery. We also signed our first major contract with the NHSU for the free infertility treatment program. Very soon we will open another large medical center in Kyiv, and we plan to expand our cooperation with the NHSU,” says Serhiy Orel, CEO of Dobrobut Medical Network.
The second place is occupied by DILA medical laboratory chain, owned by Owell Establishment (Liechtenstein) and Zoya Musatova. Last year, the company’s revenue increased by 35% to UAH 2.75 billion. Dila became the most profitable company in the rating: its net profit amounted to UAH 137.5 million.
“Being a leader is not only about finances, but also about honesty, sustainability and responsibility. In 2024, we paid almost UAH 381 million in taxes and allocated UAH 56 million for social initiatives. Is it difficult for us? Yes, probably, like any other Ukrainian business. But the country’s development is a shared responsibility. So, despite the challenges, we are investing in its future, because now it is important to be strong, stable and act,” comments Mykhailo Bogatyr, CEO of DILA.
Cinevo Ukraine, a network of laboratories owned by the Swedish holding Medicover, completes the top three. Last year, the company’s revenue amounted to UAH 2.35 billion, 22% more than in 2023. At the same time, the company suffered a loss of UAH 77.8 million, although in 2023 it had a profit of UAH 40.6 million.
Medicover Group is represented in the rating by another company – Cinevo Vostok. Its revenue in 2024 increased by 25% to UAH 795.8 million, while profit remained at UAH 130 million. In total, the two companies of the Medicover holding earned UAH 3.14 billion.
The Eskulablaboratory network grew the most: by 1.7 times, which allowed it to rise from 10th to 6th place in the 2025 Index. In 2024, the company’s revenue amounted to UAH 942.4 million, and its profit increased 4.7 times to UAH 87 million. The company is owned by Sergiy Dyadyushko, Stanislav Lugovskiy and Denys Melnyk.
“In times of war, we feel even more responsible to our customers and want to unite and support each other and our country. That is why we have been implementing social initiatives for four years now, when clients can take tests for 1 UAH and take care of their health,” emphasizes Eskulab.
The Smartlab network of laboratories has been steadily increasing its revenue from year to year. Over the year, the company’s revenue grew by 38% and reached UAH 1.17 billion. However, profitability is still significantly lower than before the start of full-scale operations. While the company had UAH 144 million in profit back then, in 2024 it had only UAH 27.7 million.
The Mother and Child clinic chain was included in the Index for the first time. In 2024, its revenue grew by 28% (to UAH 627.2 million), while its profit remained stable (UAH 36 million).
“In times of challenges, we do the most important thing – we help Ukrainian families become parents. Our team of doctors changes people’s lives for the better every day. We not only develop, but also support those in need: as part of our social project “The Stork Will Come”, we help families who cannot use state IVF programs, and for the military we ensure the preservation of reproductive material,” the Mother and Child network comments.
Odrex Medical House is growing steadily and rises higher in the ranking every year. Last year, the company’s revenue increased by 36% to UAH 1.1 billion. Profit amounted to UAH 130.2 million, which is 1.5 times more than in 2023. The company is owned by Iryna Zaikova, Tigran Harutyunyan, Larysa Mysotska, and Yevhen Savytskyi.
“Over the past 2 years, our hospital has risen in the ranking by 2 steps and eventually entered the top five. For us, these are not just numbers – it is a confirmation that trust in us is growing and that we are on the right track. Since the beginning of the full-scale war, Odrex has paid more than UAH 345 million in taxes – we consider it our duty not only to provide quality services but also to support the country’s economy,” the Medical Home representatives note.
Who else was included in the 2025 Index:
The pharmaceutical company PJSC SIC Borshchahivskiy Chemical Pharmaceutical Plant (BCPP, Kyiv) increased its net profit by almost 17% in 2024 compared to 2023, to UAH 273.402 million.
As the company reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the shareholders will consider the company’s performance results at a meeting on April 30.
The shareholders will consider the allocation of UAH 40.369 million from the net profit for 2024 to pay dividends.
In addition, the agenda includes the termination of the powers of the Supervisory Board (SB) members Tetyana Artemenko, Mykola Bezpalko, Oleg Goloborodko (all three are ultimate beneficial owners) and Dmytro Guz. The new composition of the SB will be proposed by shareholders and is not currently on the agenda of the meeting.
As reported, BCPP’s net profit in 2023 increased by 3.38% compared to 2022 to UAH 262.863 million.
As of the first quarter of 2023, 31.8% of BCPP shares were owned by the pharmaceutical company PrJSC “Pharmaceutical Firm ‘Darnitsa’ (Kyiv). Other shareholders of the company were Beldor Group (21.26%) and Lenik Group (20.32%).
According to the Opendatabot system, the ultimate beneficiaries of BCPP are Hlib Zahoriy, the beneficiary of the Darnitsa Pharmaceutical Company, Yevhen Sova, Tetiana Artemenko, Mykola Bezpalko and Oleh Holoborodko.
According to the results of 2024, Donbass Clay PrJSC (Dorozhne village, Donetsk region) increased its net profit three times compared to 2023 – up to UAH 247.477 million from UAH 81.997 million.
According to the agenda of the annual general meeting of shareholders of the company scheduled for April 29, which will be held in person at the company’s Kyiv office, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), it is planned to consider the report of the executive body on the results of the company’s financial and economic activities for 2024 and make a corresponding decision.
In addition, the agenda includes consideration of the report of the Supervisory Board and the auditor, approval of the results of financial and economic activities for 2024, distribution of profits, and decision on the preliminary granting of consent to enter into significant transactions.
The draft resolutions, a copy of which is available to Interfax-Ukraine, propose, in particular, to distribute the company’s net profit among shareholders and consider the possibility of paying dividends, to approve the payment of net profit for 2024 as dividends to shareholders.
According to the information for the meeting, retained earnings at the end of 2024 amounted to UAH 557.511 million. In 2024, the company earned a net profit of UAH 247.477 million, with a per-share value of UAH 2 million 474.770 thousand and a number of shares of 100.
As reported earlier, in 2023, Donbass Clays PrJSC decreased its net profit by 2.5 times compared to 2022 to UAH 81.997 million, while net income decreased by 7.7% to UAH 371.889 million. Retained earnings at the end of 2023 amounted to UAH 310.034 million.
In 2022, Donbass Clays reduced its net profit by 9.4 times compared to 2021, to UAH 32.217 million from UAH 302.512 million. In 2021, the company increased its net profit by 51.1% compared to 2020, to UAH 302.512 million from UAH 200.216 million.
Donbass Clays was established in 1995. The company is engaged in the extraction and supply of clays and composites from deposits in Donetsk Oblast.
At the end of 2015, the Dutch Watts Blake Bearne International Holdings B.V., a part of the British Watts Blake Bearne (the world’s largest producer of lump clay – IF-U), increased its stake in the authorized capital of Donbass Clay PJSC to 99% from 49%.
According to the third quarter of 2024, Watts Blake Bearne International Holdings B.V. owns 99% of the shares in the company.
The authorized capital of Gliny Donbassa PrJSC is UAH 526.9 thousand, the nominal value of 1 share is UAH 5269.18.
Impact of electricity deficit on real GDP vs no deficit, % (forecast up to 2024)
Ukraine is not ruling out holding elections in the near future (after a full ceasefire is established), The Economist writes, citing government sources.
“Government sources say that Mr. Zelensky called a meeting last week to instruct his team to organize a vote after the full ceasefire, which the Americans believe they can implement by the end of April (Easter Sunday, April 20),” the article says.
It is indicated that the first confirmation may appear on the eve of or on May 5, when the parliament is to vote on the extension of martial law, which expires on May 8.
As reported, Zelenskyy himself has repeatedly stated that elections are impossible during the war. Thus, on March 12, he said at a briefing: “After the war is over, martial law will be lifted, and after it is lifted, elections will be held in accordance with Ukrainian law. No one will postpone anything on purpose.”
Oschadbank has put up for sale at auction the right to claim under loan agreements and relevant security agreements to borrowers of Oleg Bakhmatyuk’s Ukrlandfarming group of companies at a starting price of UAH 4,984,663,467.30 (excluding VAT), the bank’s press service reports.
According to the report, the property of Rise-Maximco PJSC, Avangard Agroholding PJSC, Impevo Foods LLC, and Pacco Holding LLC is up for auction.
These loans are secured by production assets throughout Ukraine, including elevators, poultry farms, an egg processing plant, etc., as well as guarantees from individuals and legal entities.
The auction is scheduled for April 14, 2025.
“Ukrlandfarming is one of the largest agricultural holdings in Eurasia. It is engaged in grain growing, cattle breeding, distribution of machinery, fertilizers and seeds.
“UkrLandFarming remains one of the largest agricultural holdings in Ukraine, despite $1.2 billion in losses from Russia’s military aggression against Ukraine. In particular, we are talking about the largest poultry farm in Europe, Chornobaivska (Kherson region), where 4.5 million poultry were killed, property and communications were destroyed, and the occupiers took the equipment to the territory of the Russian Federation. The enemy also destroyed a number of poultry farms in other regions: poultry farms in Mykolaiv region, Donetsk region (Donetsk poultry farm, as well as in Volnovakha and Bakhmut), and poultry farms in Kyiv region were destroyed, looted or significantly damaged by shelling. The company lost 160,000 hectares of arable land for agricultural production, and regional bases and elevators in Kherson, Mykolaiv, Donetsk, Luhansk, Zaporizhzhia, and Kharkiv regions, as well as in Kyiv region and near Kyiv, were destroyed and looted.
A significant portion of ULF’s financial obligations have been in default since 2017. In November 2017, a group of international creditors, Ukrlandfarming and Avangard, in a letter to the Ukrainian government, estimated the total amount of ULF’s debt obligations at approximately $1.65 billion: about $1.25 billion of debt obligations to international creditors and about $400 million to Ukrainian banks (including state-owned banks). In turn, the debt to international creditors, according to their data, amounted to approximately $775 million in the form of Eurobonds and $475 million in the form of loans to European and American banks (and their respective credit risk insurers).
