PJSC “Kryukiv Railway Car Building Plant” (Kryukiv Car Plant, Poltava region) ended the first quarter of 2026 with a loss of UAH 47.56 million, whereas for the same period in 2025, net profit amounted to UAH 3.34 million.
According to the company’s interim report published in the NSSMC’s disclosure system, its net revenue fell threefold to UAH 371.12 million.
Exports (to Lithuania) were insignificant (0.46% of total sales).
KVBZ reported a gross loss of UAH 7.5 million compared to a profit of UAH 74.1 million a year earlier, and the loss from operating activities exceeded last year’s figure by 5.5 times—to UAH 70.1 million.
Uncovered losses as of April 1, 2026, amounted to nearly UAH 279 million. KVBZ’s current liabilities reached UAH 3.55 billion, while long-term liabilities stood at UAH 150.9 million.
According to the plant, it sold 74 freight cars in the first quarter, including 61 units in March (3 in January and 10 in February).
The main customers were private companies purchasing freight cars to transport grain crops, petroleum products, and large-sized containers.
According to the company, in January–February (March data is not yet available), KVBZ ranked third among Ukraine’s railcar manufacturers with a 20.3% market share (railcar manufacturers supplied a total of 64 railcars to the market over the two-month period), while the leaders among private enterprises remain DMZ “Karpaty,” KVBZ, and “TAS Dniprovagonmash.”
In January–March, the plant overhauled electric train EKr-1-001, continued repairs on a diesel train, and manufactured passenger cars for Ukrzaliznytsia, which were delivered in April.
At the same time, KVBZ emphasizes that in the first quarter, the Ukrainian freight transportation and railcar manufacturing market remained in a difficult situation, due to military operations and economic difficulties in Ukraine, particularly the decline in industrial production, primarily in the mining and metallurgical sector.
“The decline in exports of ore and metal products due to limited port capacity and logistical complications directly contributed to a reduction in the freight base; existing infrastructure constraints (despite the partial stabilization of maritime corridors, the risks associated with their operation remained high, which held back long-term transport contracts and investments in the purchase of new railcars),” the report notes.
However, according to KVBZ’s assessment, the first signs of stabilization began to appear as early as the end of the quarter, in particular due to the gradual resumption of agricultural exports and the adaptation of logistics routes, which created the conditions for a possible market recovery in the coming periods.
In particular, the plant notes that 3.3 million tons of grain cargo were transported by rail in March—11.4% more than in February 2026 and 36.9% more than in March 2025. The volume of grain shipments in the first quarter increased by 3% to 8.5 million tons.
In export traffic, 2.7 million tons were transported in March—9% more than in February 2026 and 35% more than in March 2025.
According to the company, the market for new freight cars could also be “revitalized” by the decision of the Supreme Court of Ukraine dated February 25 of this year, which upheld the 2021 order of the Ministry of Infrastructure providing for a phased reduction of the maximum service life of freight cars. Ukrmetallurgprom had demanded the order’s repeal.
KVBZ manufactures passenger and freight cars, regional diesel trains, high-speed interregional locomotive-hauled trains, spare parts and bogies for freight cars, and escalators.
As reported, in 2025, the company saw its net revenue decrease by 30.5% compared to 2024—to 2.6172 billion UAH—and recorded a net loss of 184.5 million UAH, whereas in 2024, net profit amounted to 81.1 million UAH. A total of 143 freight cars and 51 passenger cars were sold.
According to its annual report filed with the Warsaw Stock Exchange, the agricultural holding company KSG Agro increased its net profit 5.4-fold in 2025 compared to 2024, reaching $4.23 million.
According to the document, the agricultural holding’s revenue for the past year decreased by 14.3% to $18.92 million. The company’s gross profit grew 2.1-fold to $3.62 million, while operating profit increased 2.2-fold to $6.40 million. Pre-tax profit stood at $4.23 million, compared to $0.79 million a year earlier. Basic earnings per share rose from $0.05 to $0.28.
At the same time, cash flow from the agricultural holding’s operating activities in 2025 decreased by 18.4 times to $0.22 million, compared to $4.11 million in the previous year. Net cash flow from investing activities amounted to a negative $1.30 million, while expenditures on the acquisition of fixed assets increased 1.7-fold to $1.62 million. Cash and cash equivalents at the end of the year decreased to $21,000 compared to $575,000 at the beginning of the reporting period.
The holding’s equity increased 2.5-fold during the reporting period to $8.94 million. The company’s total income, which includes net profit and a positive foreign exchange gain of $1.01 million, amounted to $5.24 million compared to $0.68 million in 2024. Retained losses for the year decreased from $25.90 million to $21.67 million.
The company’s net financial debt, excluding lease obligations, as of December 31, 2025, was $14.41 million, compared to $13.75 million at the end of 2024. The holding’s total assets increased by 38.6% to $41.97 million, primarily due to an increase in the value of inventories and agricultural products.
According to the report, KSG Agro optimized its asset structure in 2025 through the divestiture of two Ukrainian companies—Agro-Torgovy Dom Dniprovsky LLC and Skorpio Agro LLC—and initiated the liquidation of KSG Energy Group LTD.
Serhiy Kasyanov remains the ultimate beneficiary of the holding company, owning 47.83% of the shares through Olbis Investment LTD SA, while 47.57% of the securities are in free float on the Warsaw Stock Exchange.
“KSG Agro” is a vertically integrated holding company engaged in pig farming, as well as the production, storage, processing, and sale of grain and oilseed crops. The company’s land bank in the Dnipropetrovsk and Kherson regions totals approximately 21,000 hectares. The agricultural holding is among the top five pork producers in Ukraine.
Leading OPEC+ nations have agreed to a minor, symbolic increase in their production quotas for June, thereby demonstrating that the group is operating as usual following the UAE’s unexpected withdrawal, Bloomberg reports.
Seven countries led by Saudi Arabia and Russia will add 188,000 barrels per day next month under an agreement reached during a video conference on Sunday, OPEC said in a statement.
Delegates had expected a small increase even before the UAE’s withdrawal. The actual restoration of these volumes will depend on the reopening of the Strait of Hormuz and the resumption of production that had been suspended. This occurred following the UAE’s withdrawal from the largest alliance of oil-producing nations.
The country’s flagship oil company, Adnoc, announced that it plans to accelerate its growth plan by allocating 200 billion dirhams ($55 billion) to projects covering operations in both production and refining and marketing.
The UAE’s withdrawal, which came as a surprise to other members of the Organization of the Petroleum Exporting Countries and its partners, will further undermine the group’s ability to influence oil prices, which were already weakening due to years of increased production by competitors, particularly U.S. shale companies.
The UAE is not mentioned in the new OPEC+ report.
Odessa Baby Food Canning Plant JSC (OKZDH) reported a net profit of UAH 7.47 million for 2025, which is 2.6 times, or 61.6%, less than the UAH 19.45 million recorded in 2024, according to the National Securities and Stock Market Commission (NSSMC).
According to management’s report, over the year the plant expanded its product line to 91 items, began producing tomato paste, and continued to develop its dairy segment under the “Nashe Moloko,” “Nashi Verkhki,” and “Nash Kokteil” brands. It also received permission to produce organic purees under the “Chudo-Chado” brand with the right to use the ‘ORGANIC’ label, certified by “Organic Standard.”
The company’s revenue in 2025 was generated primarily from the production of baby food, which accounted for 35% of revenue, or UAH 35.88 million, and from the lease of property and equipment—27%, or UAH 27.82 million. Milk processing accounted for 15% of revenue, or UAH 15.33 million.
In March 2025, the Supervisory Board approved the use of services from JSC “Credit Agricole Bank” with the provision of property as collateral. The report does not specify the amount of funds raised or their intended use.
According to the financial statements, OKZDH’s revenue in 2025 amounted to UAH 101.19 million, a decrease of 0.5% compared to UAH 101.7 million a year earlier. Assets increased by 5.6% to UAH 454.99 million, while liabilities rose by 0.8% to UAH 275.65 million. The volume of capital investments in progress decreased from UAH 227.21 million to UAH 313,000 due to the commissioning of fixed assets.
Odessa Baby Food Canning Plant JSC was founded in 1996. It serves as the primary production base for the Vitmark-Ukraine holding company. The plant specializes in the production of fruit and vegetable products, juices, and purees for baby food, as well as dairy products. Its portfolio includes the brands “Chudo-Chado,” “Mama knows,” “Vega Milk,” “Nashe Moloko,” and “Nash Sok.” The plant supplies over 50% of the Ukrainian market’s demand for fruit purees for children.
The main shareholder is the joint venture “Vitmark-Ukraine” with an 89.46% stake. Vitaliy Vinitsky and Igor Anapolsky are listed as the ultimate beneficial owners.
PJSC “Khlibprom Concern” (Lviv), one of Ukraine’s largest bread producers, derived the majority of its revenue in 2025 from bread production, which amounted to UAH 170.18 million, or 76.31% of total sales.
According to the issuer’s annual financial statements published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), other significant sources of revenue included coffee and tea production—UAH 26.81 million (12.02%), the sale of electrical goods—2.61 million UAH (1.17%), and the production of crackers and confectionery—1.41 million UAH (0.63%). Smaller shares of revenue came from the production of other food products (UAH 301,350), flour production (UAH 271,210), and wholesale trade in coffee and food products.
As noted, the daily volume of production and sales of bread, confectionery products, and semi-finished goods in Ukraine and abroad amounts to up to 160 tons.
According to Opendatabot, Khlebprom Concern’s revenue in 2025 increased by 9.5% compared to 2024—to UAH 2.22892 billion. Net loss decreased by a factor of 13.5—to UAH 5 million, compared to UAH 67.57 million a year earlier. Assets at the end of the year amounted to UAH 1.19076 billion, while liabilities decreased by 10.1% to UAH 509.95 million. The company’s authorized capital is UAH 163.55 million.
“Khlibprom Concern” is one of the largest enterprises in the Ukrainian bread market, producing up to 160 tons of products daily: bread, baked goods, confectionery, and semi-finished dough products. Its structure includes five processing plants located in the Lviv and Vinnytsia regions. It owns the Agrola, Bandinelli, 2go, “Lublyanna,” and “Vinnytsiahlib” brands.
The beneficiary of the company is Natalia Antonova.
According to Fixygen, Odessa Film Studio PJSC will hold an extraordinary general meeting of shareholders on May 27, 2026, as announced on the company’s website.
According to the issuer’s announcement, the meeting will be held via electronic voting and remote polling. The meeting is scheduled to begin at 10:00 a.m., with shareholder registration taking place from 10:00 a.m. to 11:00 a.m. The list of shareholders entitled to participate in the meeting will be compiled as of May 22, 2026.
The draft agenda includes one item—the exclusion of the “Ekran” dormitory building, located at: Odessa, 33a Frantsuzsky Boulevard, from the authorized capital of Odessa Film Studio PJSC. The grounds cited are the entry into force of the decision of the Odessa Regional Court of Appeal dated April 21, 2016, in Case No. 522/8089/14-ts.
The draft resolution proposes to take note of the decision of the Odessa Regional Court of Appeal and the ruling of the Supreme Court dated March 6, 2018, in this case, which invalidated the orders of the State Property Fund of Ukraine regarding the inclusion of the “Ekran” dormitory building in the company’s authorized capital. The announcement notes that in the deed of transfer of the entire property complex dated November 21, 2005, this building was erroneously listed as the “Ekran” hotel. The appraised value of the property is stated at UAH 7.4 million.
Shareholders are also being asked to establish that the further issue of ownership and the legal status of the building should be determined by the authorized state bodies. The company’s director is to be instructed to take the necessary steps to enforce court decisions in coordination with the State Property Fund, if necessary. The draft resolution specifically states that it does not constitute a decision to transfer or dispose of property, and the company’s actions must be limited to technical, accounting, and registration procedures.
Odessa Film Studio PJSC is registered in Odessa at 33 Frantsuzsky Boulevard. According to OpenDataBot, the company’s EDRPOU code is 33932816, the date of registration is December 2, 2005, and the authorized capital is UAH 62.172 million. Anna Dochova is listed as the company’s director, and the primary activity is the production of films, videos, and television programs.
The Odessa Film Studio is one of the oldest film production facilities in Ukraine. It has served as a base for the creation of feature films, television programs, and documentaries, and currently the company operates in the fields of film production, the provision of production and location services, and cultural and creative projects. According to SMIDA data for previous periods, the Ukrainian government and Novaya Kinostudiya LLC each held approximately 50% of the film studio’s share capital.
