Agroholding Astarta will pay dividends for 2024 in the amount of EUR0.5 per share for a total of EUR12.5 million, which is in line with the previous two years.
The decision was made at the company’s annual general meeting on June 12, according to a statement on the Warsaw Stock Exchange.
The shareholders instructed the board of directors, which proposed the dividends, to determine the payment dates.
In addition, the meeting approved a new version of the company’s remuneration policy, which provides for a new long-term incentive (LTI) mechanism for the remuneration of executive management through the allocation or transfer of company shares to a special trust to be established by the board of directors for the benefit of such persons.
Astarta’s shareholders also approved the issue of new shares in the amount of up to 5% of its authorized capital without preemptive rights, provided that they are distributed solely for the purpose of implementing an employee incentive program, and delegated to the board of directors the authority to issue such shares.
According to information on the stock exchange, the largest shareholders of Astarta are currently Albacon Ventures Ltd, CEO Viktor Ivanchik – 41.4%, which held 53.3% of the votes at the meeting, as well as companies controlled by Fairfax Financial Holdings: Odyssey Reinsurance Company – 7.67%, HWIC Global Equity Fund – 7.29%, and United States Fire Insurance Company – 6.93%.
In addition, the company reported that on June 12, Ivanchik’s Albacon purchased another 5.28 thousand shares on the stock exchange at an average price of PLN59.97 ($14.04 at the current exchange rate) and increased its stake to 10 million 364.50 thousand shares.
As reported, Astarta paid EUR12.155 million in dividends for the first time in June 2021 based on its 2020 results, in the same amount as now – EUR0.5 per share. In the war-torn year of 2022, the company refused to pay dividends, but then paid them in 2023 and 2024.
Astarta shares fell by 1.2% on Friday, June 13, to PLN58.4 per share, while about a year ago, when the dividend decision was approved, the price was PLN29.25 (about EUR6.81) per share, and a year earlier – PLN32.80 (about EUR7.28) per share.
Agro-industrial holding Astarta, Ukraine’s largest sugar producer, increased its net profit by 34.5% to EUR83.25 million in 2024, while its consolidated revenue decreased by 1.1% to EUR612.15 million.
The family of Astarta CEO Viktor Ivanchik owned about 41.48% of the shares at the beginning of this year, having bought 1.22% last year. Fairfax Financial Holdings is also a major shareholder with 29.91%, and another 2.12% of the shares belong to the company itself and were previously bought back.
Nine drivers have already had their driving privileges revoked for violating military registration requirements this year. Almost all of the decisions were made by the Novograd-Volynsky City District Court in Zhytomyr Oblast. Since the beginning of this year, 59 more cases have been heard in courts regarding the revocation of driving licenses due to violations of military registration.
At least 59 court cases regarding the restriction of driving privileges due to violations of military registration rules this year were found using the Babusia court registry search engine.
In January 2025, the court upheld the TCC’s claim for the first time and deprived the driver of his right to drive, but such decisions have become more frequent. Currently, nine drivers have been temporarily restricted from driving vehicles due to violations of military registration rules until they comply with the TCC’s requirements or until the requirement is withdrawn.
It should be noted that all decisions, except for the first one, were made by the Novograd-Volynsky City District Court in Zhytomyr Oblast.
We remind you that court decisions in such cases are completely anonymized — they do not indicate the parties to the proceedings, which makes it impossible to check whether there is a case against you.
Since the beginning of the year, more than 17,000 proceedings have been opened in the Unified State Register of Debtors for violations of military registration rules. You can check whether you have a fine in OpenDataBot.
https://opendatabot.ua/analytics/tck-auto-ban
On June 18-19, 2025, Kyiv will host InnoTechEnergy, an exhibition and forum for innovative solutions in thermal and alternative energy, according to Energoreforma.
As noted in the event announcement, the exhibition will showcase the latest equipment, technologies, and solutions for modernizing heating systems, decentralized generation, renewable energy sources, energy efficiency, and digital transformation in the energy sector.
The exhibition will feature the Future Energy Forum, an innovation forum on the future of thermal and alternative energy.
The forum will serve as a platform for discussing key issues and finding effective solutions to today’s challenges.
The main focus will be on the following key areas:
The event organizers plan to bring together Ukrainian and international companies, representatives of municipalities, communities, relevant ministries, experts, and businesses to demonstrate and discuss the challenges and prospects for the development of key trends in the energy sector.
Registration for exhibition events: https://ite.ticketforevent.com/
For questions regarding participation in events and cooperation:
+38(067) 37-57-637
+38(095) 37-57-637
French President Emmanuel Macron arrived in Greenland on Sunday, where he expressed European solidarity and support for the Danish autonomous territory, which US President Donald Trump had previously stated his intention to take control of, France24 reports.
“It is important to show that Denmark and Europe are committed to this territory, which has very high strategic interests and whose territorial integrity must be respected,” Macron said.
The French president made the visit together with Danish Prime Minister Mette Frederiksen on their way to the G7 summit in Canada on June 15-17. They were met at Nuuk airport by Greenland’s Prime Minister Jens Frederiksen.
Macron criticized Trump’s intention to take control of the island. “I don’t think that’s something you do to allies,” the French president said.
According to the publication, the visit will also be an opportunity to discuss how to further strengthen relations between the EU and Greenland when it comes to economic development, the transition to low-carbon energy, and critical minerals.
Later on Sunday, Macron, Frederiksen, and Nielsen held a meeting on a Danish helicopter carrier, demonstrating France’s concern about security issues in the region.
According to preliminary information from the Ukrainian Embassy in Israel, on June 14, as a result of a massive missile attack by Iran against Israel and a missile hitting a residential building in Bat Yam, five Ukrainian citizens were killed, including three minors, the Ukrainian Foreign Ministry reported.
According to the ministry, the identities of the victims are currently being established.
Ukrainian diplomats and consuls are in close contact with the Israeli police and other services to identify and organize the repatriation of the bodies of the victims.
Comparative analysis of the economies of Israel and Iran
| Indicator | Iran | Israel |
| GDP | ~$400 billion | ~$540 billion |
| GDP per capita | ~$4 400 | ~$54 200 |
| Public debt/GDP | ~18 % | ~67 % |
| Military expenditures | 2.5% of GDP ($10 billion) | 5% of GDP ($27 billion) |
| Currency/gold reserves | ~$7.7 billion | ~$76 billion |
| Innovation indicators | ~1 patent/million people | ~74 patents/million people, developed hi-tech |
