Dniprometiz-TAS LLC (Dnipro), owned by Ukrainian businessman Serhiy Tihipko, reported a net loss of UAH 46.820 million for January-March of this year, compared to a profit of UAH 3.938 million in the same period last year.
According to the company’s interim report, which is available to the Interfax-Ukraine agency, revenue from ordinary activities for the specified period amounted to UAH 802.933 million, compared to UAH 778.319 million for the first three months of 2025.
At the same time, the company’s retained earnings as of the end of March 2026 amounted to 224.955 million UAH.
According to the annual report, Dniprometiz-TAS reported a net profit of UAH 8.961 million in 2025 and UAH 13.963 million in 2024, with revenue from ordinary activities amounting to UAH 3.453737 billion (UAH 3.285688 billion).
As reported, Dniprometiz-TAS reduced its net profit by 2.9% in the first nine months of 2025 compared to the same period last year—to 11.727 million UAH, while net revenue increased by 7.5%—to 2.607402 billion UAH.
In 2024, Dniprometiz-TAS increased its net profit by 47.7% compared to 2023—to UAH 14.197 million from UAH 9.610 million, while net revenue rose by 22.7%—to UAH 3.285688 billion. At the same time, the company’s retained earnings as of the end of 2024 amounted to 263.048 million UAH.
“Dniprometiz” reported a 2.6-fold decrease in net profit for 2023 compared to 2022—to UAH 9.658 million from UAH 24.733 million. Over the past year, net revenue increased by 8.2%—to UAH 2.677836 billion.
Dniprometiz reported a six-fold decrease in net profit for 2022 compared to the previous year—to UAH 25.572 million, while net revenue grew by 1.1%—to UAH 2.474397 billion.
“Dniprometiz-TAS” manufactures metal products from low-carbon steels. The company’s production capacity is 120,000 tons of products per year.
At the general meeting on April 29, 2025, the issue of increasing the company’s authorized capital through an additional contribution by a shareholder was considered. A decision was made to increase the authorized capital by UAH 100 million: from UAH 83,479,696 to UAH 183,479,696 through an additional contribution by T.A.S. Overseas Investments Limited (Cyprus) in the amount of UAH 100 million.
T.A.S. Overseas Investments Limited (Cyprus) owns a 98.6578% stake in Dniprometiz LLC.
The authorized capital of Dniprometiz-TAS LLC remains at UAH 83.480 million.
PJSC “Kulikivske Moloko” (Chernihiv Oblast) reported an 8.2% year-over-year decrease in revenue from product sales in 2025, down to 181.35 million UAH, the company reported in its annual financial statements filed with the National Securities and Stock Market Commission (NSSMC).
According to the report, the cost of goods sold in 2025 amounted to UAH 176.95 million, compared to UAH 192.1 million in 2024. The company’s gross profit for the year decreased by 19.6% to UAH 4.4 million.
The company’s main sources of liquidity as of the end of 2025 were inventories amounting to UAH 82.52 million, accounts receivable for goods and services—UAH 5.04 million, and cash on hand—UAH 0.41 million.
The company’s total current liabilities at the end of the year amounted to UAH 76.51 million. Specifically, short-term bank loan debt amounted to UAH 10 million, accounts payable for goods and services to UAH 36.38 million, and other current liabilities to UAH 27.85 million. No long-term liabilities are reported in the financial statements.
In 2025, the company’s supervisory board approved a new policy for managing environmental and social risks, as well as a collective agreement. The company’s strategic goals were defined as ensuring the continuity of production processes, implementing environmental risk assessments, and strengthening information security. Future development plans include increasing production volumes and expanding sales markets.
By a separate resolution of the supervisory board dated April 30, 2026, Anatoliy Didur was elected chairman of the board for a three-year term. Since February 2025, he has also served as the financial director of PJSC “Kulykivske Moloko.”
PJSC “Kulykivske Moloko” (Kulykivka, Chernihiv Oblast) was founded in February 1999. The company specializes in milk processing, butter and cheese production, and also engages in the wholesale trade of over 30 types of dairy products, eggs, cooking oils, and fuel.
The company’s main shareholders are Igor Rzhavichev (51%) and Anastasia Churikova, who in February 2026 purchased a 48.9983% stake from the Didur family. Previously, Churikova headed LLC “RIVL,” controlled by the majority owner of PJSC, Igor Rzhavichev.
The Astarta agricultural holding reported a net profit of EUR19.94 million in 2025, which is 4.2 times less than in 2024, according to the company’s annual report on its website.
According to the report, Astarta’s consolidated revenue for the past period decreased by 23% to EUR472 million due to lower oilseed yields, reduced sales volumes of agricultural crops and sugar, combined with lower prices for certain products.
It is noted that export sales of EUR294 million accounted for 62% of consolidated revenue in 2025, while the agricultural segment generated 32% of consolidated revenue, or EUR149 million, which is 28% less than in 2024.
Sugar sales fell by 36% over the past year—to EUR147 million—and accounted for 31% of total revenue. At the same time, the share of soybean processing rose to 24% of Astarta’s revenue, or EUR112 million, thanks to a 6% increase in sales.
Sales in the livestock segment also grew by 6% year-over-year—to EUR56 million, accounting for 12% of total revenue in 2025.
According to the report, Astarta’s gross profit decreased by 42% to EUR137 million due to a EUR46 million decline in the fair value of biological assets and agricultural products, reflecting lower global prices, while EBITDA profit fell by 37% to EUR100 million, while the EBITDA margin decreased by 5 percentage points to 21%.
Astarta noted that its operating cash flow in 2025 decreased 4.5-fold to EUR36 million amid a 16% increase in inventories to EUR186 million, while cash flow from investing activities rose 91% to EUR100 million. Key investments included a strategic upgrade of the agricultural machinery fleet, a soybean processing plant (EUR42 million, with plans to launch in the second half of this year), a new multi-component seed crusher project, and the renovation of dairy farms.
Astarta’s net financial debt in 2025 (excluding lease obligations) stood at EUR94 million as of the end of last year, compared to a positive cash position of EUR21 million in 2024, while net debt doubled year-over-year last year to EUR226 million.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine and is the largest sugar producer in Ukraine. It comprises six sugar refineries, agricultural enterprises with a land bank of 220,000 hectares and dairy farms with 22,000 head of cattle, an oil extraction plant in Hlobine (Poltava region), seven grain elevators, and a biogas complex.
Astarta’s net profit for January–September 2025 fell by 42.2% to EUR43.70 million, while consolidated revenue decreased by 22.4% to EUR342.78 million.
Age-sex pyramid of the population of Ukraine for 2024 (thousand people)
The international multi-brand footwear retailer SuperStep will close all of its stores in Ukraine in May and June, according to the Retailers Association of Ukraine (RAU)
Zafer Ozbay, CEO of Eren Retail Group in Ukraine, which manages the Lacoste and SuperStep chains, told RAU that this decision is the result of a strategic analysis of global operations and the structure of sales channels.
“Ukraine remains an important market for us, and this step should be viewed as an optimization of our global operations, not as an indicator of market potential,” Ozbay said.
He clarified that there are no plans to close Lacoste stores and that operations are continuing as usual. According to RAU, as of the end of April, there are 12 Lacoste stores operating in Ukraine: one each in Odesa, Dnipro, and Lviv, and nine in Kyiv.
SuperStep was founded in 2012 in Istanbul and operates in the sport-casual and lifestyle segment, offering a diverse selection of sneakers, accessories, and apparel from world-renowned brands such as Lacoste, Nike, Puma, Adidas, Reebok, New Balance, Tommy Hilfiger, Calvin Klein, and Saucony. The brand entered the Ukrainian market in 2015, opening its first store in the capital’s Sky Mall shopping center; by 2018, it operated five locations: four in the capital and one in Lviv. The chain continued to open stores as part of a full-scale expansion: in 2023 at Victoria Gardens in Lviv, in 2024 at the Dream shopping mall in Kyiv and the Karavan shopping mall in Dnipro, and in 2025, a renovated space opened at the Forum Lviv shopping mall in Lviv.
As of the end of April 2026, six offline locations remained: in the capital’s Lavina Mall and Dream shopping centers, Lviv’s Forum Lviv and Victoria Gardens, Odesa’s Riviera Shopping City, and Karavan Dnipro. The retailer also operates an online store.
Back in March 2026, the Puma brand replaced SuperStep at the Respublika Park shopping center in Kyiv with its new “Field of Play” concept. At the Gulliver shopping center in Kyiv, the New Balance chain is considering SuperStep’s space to open a store with a revamped concept and a larger area—over 300 square meters. Currently, the stores are located next to each other.
JSC “Lekhim” (Kyiv) saw its net profit decline by 65.5% in 2025 compared to 2024, down to 24.424 million UAH.
According to the company’s disclosure in the NSSMC’s information disclosure system, net sales revenue in 2025 increased by 22.2% to UAH 2.191 billion.
JSC “Lekhim” is the holding company of the ‘Lekhim’ group, which includes PJSC “Technolog” (Kyiv region), JSC “Lekhim-Kharkiv,” LLC “Lekhim-Obukhiv” (Kyiv region), UAB “LEKHIM-VILNIUS” (Lithuania), and IP “LEKHIM” (Uzbekistan).
It ranks among the top 10 largest pharmaceutical manufacturers in Ukraine.
