Industrial Park “Krasyliv Technoport” (Krasyliv, Khmelnytskyi Oblast) has attracted its first foreign industrial investment—German company Goldhofer AG has begun manufacturing components and spare parts for semi-trailers designed to transport oversized cargo, according to Dmytro Kysilevskyi, deputy chairman of the Verkhovna Rada Committee on Economic Development.
“The total investment for Goldhofer AG’s project in Krasyliv is EUR4.5 million, of which EUR1.5 million has already been contributed. The facility, which produces component sets for 7–8 semi-trailers per month, currently employs 36 workers, mostly welders. The products are shipped to Germany for further assembly,” he wrote on Facebook on Thursday.
According to Kysilevsky, the industrial park’s management company has also signed a memorandum to attract another foreign investor—the Polish company Modular, which plans to open a production facility in Krasyliv for commercial and residential modular homes made of metal structures.
“In addition, the Ukrainian company ‘Aton Energy’ has launched production of heat exchangers for solid-fuel boilers within the industrial park. The company also plans to purchase equipment to establish production of wall-mounted gas boilers at the industrial park,” the post states.
Kysilevsky also noted that the “Krasyliv Technoport” industrial park is currently preparing an application for state funding to develop engineering and transportation infrastructure.
The program provides for 50:50 co-financing of up to UAH 150 million and requires the recipient to ensure the construction of at least 5,000 square meters of industrial space and attract at least two participants within three years.
The “Krasyliv Technoport” industrial park, covering 10.1 hectares, was established in 2023 on a portion of the Krasyliv Machine-Building Plant’s territory that had been unused for a long time. The industrial park features industrial buildings with a total area of over 8,000 square meters. The park is connected to 8 MW of electricity, water, sewage, gas, and a railway spur.
According to information on its website, the German company Goldhofer is a provider of transport solutions with annual sales of approximately EUR 300 million. It has about 1,000 employees and an international presence with branches in Europe, North America, India, and the Middle East.
Goldhofer AG, INDUSTRIAL PARK, Krasyliv Technoport, MANUFACTURING
JSC “Kremenchuk Steel Works” (KSZ, Kremenchuk, Poltava Oblast), part of the industrial assets of the TAS Group, ended 2025 with a net loss of UAH 148,080,549, whereas profit for 2024 amounted to UAH 369,337,168,
According to KSZ’s announcement in the NSSMC’s disclosure system regarding the remote general meeting of shareholders to be held on April 24, the agenda includes 12 items, among which are the supervisory board’s report for 2025, approval of measures based on the review’s findings, and adoption of relevant resolutions.
It is also planned to approve the company’s annual report and the audit report for 2025, approve the results of financial and economic activities and determine the procedure for covering losses, as well as approve the annual reports for 2023–2024 in their new versions.
In addition, the meeting will approve significant transactions. Shareholders will also terminate the powers of the members of the supervisory board and elect new ones.
Draft resolutions, copies of which are available to the Interfax-Ukraine agency, provide for the approval of the loss for 2024, while shareholders are proposed to cover it using the company’s retained earnings from previous years. No dividends will be declared or paid.
It was previously reported that KSZ recorded a net profit of 369,337,168 UAH in 2024, 131,086,773 UAH in 2023, in 2022—UAH 50.281 million, while the company ended 2021 with a net loss of UAH 56.833 million and 2020 with a loss of UAH 22.81 million.
The Kremenchuk Steel Foundry is Ukraine’s leading foundry specializing in the production of steel castings for freight cars and heavy-duty trucks.
According to the State Registration Service data for the fourth quarter of 2025, Indeko LLC and Nexum Trade LLC each hold 24.2210% of the shares in KSZ JSC, FinEuroVector Financial Company LLC holds 18.8392%, and the financial company “Alfa Cross” holds 24.9%.
The authorized capital of JSC ‘KSZ’ is UAH 132.123 million, and the par value of a share is UAH 0.25.
The “TAS” Group was founded in 1998. Its business interests span the financial sector (banking and insurance segments), industry, real estate, the agricultural sector, and venture projects. The founder and major shareholder of the group is Serhiy Tihipko.
PJSC “Trubstal Pipe Plant” (Zhytomyr region) reported a net profit of UAH 17,949,261 for 2025, compared to UAH 2,845,767 in 2024.
According to Trubostal’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC) regarding the remote general meeting of shareholders to be held on April 28, five items are scheduled for consideration, including the report of the supervisory board and the company’s executive body for 2025, approve measures based on the results of the review, and adopt the relevant decisions.
In addition, shareholders will approve the annual report for this period and the distribution of profits, and will give their consent to the execution of significant transactions.
Draft resolutions, copies of which are available to the Interfax-Ukraine agency, propose leaving the net profit for 2025 undistributed.
It is also proposed to grant consent for the execution of significant transactions, the market value of which exceeds 50% of the value of assets according to the company’s latest annual financial statements. Specifically, this includes the conclusion of a contract for the sale of metal products with Metinvest Polska Sp. z o.o. (Poland) in an amount not exceeding UAH 200 million, the conclusion of a contract for the purchase of metal products from Zaporizhstal not exceeding UAH 1.5 billion, and a contract for services related to the production of products from customer-supplied raw materials not exceeding UAH 250 million.
Additionally, the conclusion of a contract for the production of goods from customer-supplied raw materials with Metinvest – SMZ LLC for an amount not exceeding UAH 125 million.
PJSC “Trubostal” was established in 2001; its primary specialization is the production of steel pipes.
According to data from the National Depository of Ukraine for the fourth quarter of 2025, MD Group Dnipropetrovsk LLC owns 41.3177% of Trubostal’s shares, MD Estate LLC owns 23.7145%, Midland Capital Management LLC holds 12.732%, Divata Group LLC holds 12.7317%, and Financial Company “Garonna” (Kyiv) LLC holds 9.504%.
Trubostal’s authorized capital is 811,869 thousand UAH, and the par value of a share is 1 UAH.
According to Fixygen, El Salvador remains the world’s leading government-led crypto experiment: after President Nayib Bukele made Bitcoin legal tender alongside the dollar in 2021, the country has made cryptocurrency a part of its economic and political identity. However, in January 2025, the country’s parliament swiftly amended the Bitcoin law following a $1.4 billion agreement with the IMF: accepting BTC became voluntary for the private sector, while the government made it clear that it would not abandon its strategy of accumulating Bitcoin in reserves.
In essence, El Salvador now operates under a hybrid model. Bitcoin is no longer imposed on businesses as a mandatory means of payment; taxes must be paid in U.S. dollars; and the state’s role in the Bitcoin project itself has been formally limited by the terms of the IMF program. The fund’s materials explicitly state that amendments to the law removed key features of mandatory legal tender: accepting BTC became voluntary, paying taxes in Bitcoin was abolished, and the public sector’s involvement must be restrained.
At the same time, Bukele and his team have not abandoned the crypto initiative. As early as December 2024, the National Bitcoin Office stated that the country would continue to purchase BTC for strategic reserves, and in August 2025, Reuters reported that El Salvador already held approximately $682 million in Bitcoin and was transferring reserves from a single address to several new wallets to enhance security and transparency. The Bitcoin Office’s public tracker remains active, and industry aggregators citing the office’s data currently estimate the country’s holdings at approximately 7,500 BTC.
In terms of the actual use of cryptocurrency within the country, the experiment has become much more pragmatic than it was in 2021–2022. Formally, Bitcoin has not disappeared from the government’s agenda, but the practical model has shifted from the idea of “Bitcoin as everyday money” to the concept of “Bitcoin as a reserve and image asset of the state.” This allows El Salvador to maintain its status as a global crypto icon without directly conflicting with the terms of international financing. This conclusion follows from a comparison of the January amendments, the terms of the IMF program, and subsequent government statements regarding the continued accumulation of BTC.
At the macro level, the country’s financial situation in 2025 appeared more stable than in previous years. The IMF approved a 40-month $1.4 billion EFF program for El Salvador, and the total expected external support package was estimated at over $3.5 billion.
Following the first review of the program, the Fund reported that key fiscal and reserve targets had been met and announced the allocation of an additional $118 million, bringing the total amount of funds already disbursed to approximately $231 million.
The economy is not in crisis, but it is not experiencing explosive growth either. According to IMF estimates, El Salvador’s GDP is expected to grow by 2.5% in 2025, and the World Bank anticipates similar growth in 2026. Inflationary pressure remains moderate: the World Bank noted that inflation fell to 0.9% in 2024, and in 2025, prices remained generally stable compared to the first half of 2024; the IMF projected inflation of around 1% in 2025.
Fiscally, the country also looks better than it did a couple of years ago, although the debt burden remains high. The World Bank noted that El Salvador’s public debt peaked at 88.9% of GDP in 2024. At the same time, the government is implementing strict fiscal consolidation: the IMF expects a primary surplus of 1.9% of GDP by the end of 2025, and sovereign spreads, according to the fund, have narrowed from over 700 basis points at the end of 2023 to approximately 390 b.p. b.p. in June 2025.
The bottom line for the crypto market is this: El Salvador no longer looks like a country where Bitcoin is set to replace the dollar in the everyday economy, but it remains a country where BTC is embedded in the state strategy, national brand, and reserve policy. For the market, this is an important signal—Bukele’s model is not dead, but has transitioned from a phase of radical experimentation to a phase of more cautious, yet still demonstrative, crypto sovereignty.
The Supervisory Board of PJSC Obolon (Kyiv), one of Ukraine’s largest beer and beverage producers, is proposing to shareholders at the remote annual general meeting on April 23 to allocate 100% of net profit for 2025 to the company’s development, according to a notice in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
According to the published agenda, it is proposed to approve the results of financial and economic activities and the supervisory board’s report for the past year, as well as to amend the articles of association and the regulations on the supervisory board by adopting new versions of these documents.
Shareholders are also to terminate the powers of the current members of the supervisory board—Serhiy Bloshchanevych, Kateryna Vannikova, Valeriy Peik, Lyubov Onyshchuk, and Andriy Yareshko—and elect a new composition.
Additionally, by a resolution dated March 12 of this year, the supervisory board re-elected Igor Bulakh (who holds 0.0372% of the authorized capital) as CEO of PJSC “Obolon.” The CEO’s term has been extended for three years, effective April 8, 2026.
According to data from the Opendatabot service, PJSC “Obolon” increased its revenue by 7.45% in 2025—to UAH 13.74 billion compared to UAH 12.78 billion in 2024. At the same time, assets grew to UAH 10.73 billion, while total debt obligations amounted to UAH 2.18 billion. The number of employees at the end of the year was 2,162, and the authorized capital was UAH 32.512 million.
Obolon Corporation produces beer, non-alcoholic and low-alcohol beverages, mineral water, and snacks, and remains one of the country’s largest exporters of these beverages. It comprises a main plant in Kyiv and nine facilities across Ukraine’s regions. The company’s main brands are “Obolon,” Carling, Zlata Praha, Hike Premium, Zibert, Keten, Hardmix, BeerMix, “Desant,” “Zhigulivske,” “Zhivchik,” “Obolonska,” “Prozora,” and its line of low-alcohol beverages includes the brands Rio, “Gin Tonic,” “Vodka Lime,” “Cherry Whiskey,” “Rum Cola,” “Brandy Cola,” and Ciber.
Kyivstar, Ukraine’s largest telecommunications operator, paid over 13.67 billion UAH in taxes and fees to the state budget in 2025, a 12% increase from the previous year, according to a press release issued by the company on Wednesday.
According to the release, over the four years of full-scale war, the company’s total tax contributions exceeded 46.5 billion UAH, cementing Kyivstar’s status as the largest taxpayer in Ukraine’s telecom industry.
Previously, the company reported paying 12.3 billion UAH in taxes and fees for 2024 and 10.8 billion UAH for 2023.
According to data from the YouControl system, Kyivstar increased its revenue by 19.6% last year—to 43.81 billion UAH—while its net profit rose by 8.6%—to 12.31 billion UAH.
The Kyivstar Group’s annual consolidated financial statements, published recently, also noted that in 2025, income taxes increased by $10 million, or 15.6%, to $74 million.
“This increase was driven by higher taxable income for the year ended December 31, 2025, including approximately $18 million in taxable income related to the acquisition of Uklon,” the report stated.
“It is important for us to remain a reliable partner of the state: significant tax revenues, investments in the network, and strengthening its energy independence are our contribution to economic stability and uninterrupted connectivity for millions of people,” Kyivstar President Oleksandr Komarov is quoted as saying in the release.
The company also noted that since 2022, it has invested over 4.6 billion UAH in the procurement and maintenance of backup power equipment, and has allocated a total of 40.1 billion UAH in capital investments during this period toward infrastructure restoration, modernization, and the development of digital capabilities.
In addition, Kyivstar reported that last year it allocated 1.7 billion UAH to support the Armed Forces, subscribers, and the implementation of social projects, bringing the total amount allocated for these purposes since the start of the war to over 4.4 billion UAH.
It is noted that in 2025, the company launched a new charitable initiative—supporting pediatric intensive care units at the UNBROKEN Center based at the First Medical Association of Lviv, to which it allocated 15 million UAH.
As reported, as of the end of 2025, Kyivstar served approximately 22.4 million mobile subscribers and over 1.2 million fixed-line subscribers. The company is wholly owned by Kyivstar Group Ltd, whose shares are traded on the U.S. Nasdaq stock exchange and whose majority owner, in turn, is the telecommunications holding company VEON with an 83.6% stake.
In 2025, the Kyivstar Group increased its EBITDA by 30% to UAH 27 billion, with revenue growing by 30.3% to UAH 48.2 billion; including in the fourth quarter of last year, when EBITDA increased by 23.1% to UAH 7.2 billion, with revenue growing by 30.1% to UAH 13.5 billion.
