Business news from Ukraine

Business news from Ukraine

Nikopol Plant of Technological Equipment to Hold Shareholders’ Meeting on May 5

According to Fixygen, PJSC “Nikopol Plant of Technological Equipment” intends to hold an extraordinary general meeting of shareholders on May 5, 2026, in a remote format via a written ballot. The record date for shareholders entitled to participate in the meeting has been set for April 30, 2026.

According to the published announcement, the agenda includes five items, the key one being the dissolution of the company through its transformation from a private joint-stock company into a limited liability company. Shareholders are also invited to approve the procedure and terms of the transformation, the procedure for exchanging shares for equity interests in the successor LLC, and to appoint authorized representatives and the members of the transformation commission.

The meeting materials specifically state that the items regarding the procedure for the conversion, the conversion of shares, and the appointment of authorized persons are interrelated with the decision on the conversion itself. If the shareholders do not support the second item on the agenda, votes on the third, fourth, and fifth items will not be counted.

The company must make the ballots freely available on April 24, 2026, at 10:00 a.m., at which time they will also begin to be sent to depository institutions. Ballot acceptance will end on May 5 at 6:00 p.m.

Nikopol Plant of Technological Equipment PJSC was registered on November 1, 2001, in Nikopol, Dnipropetrovsk Oblast; its authorized capital is UAH 16.61 million; the director listed is Dmytro Sharf; and its primary activity is the manufacture of tools. According to Opendatabot, the company’s revenue in 2025 was UAH 1.081 billion, net profit was UAH 29.53 million, and assets at year-end were UAH 240.38 million. According to SMIDA data on major shareholders as of March 31, 2026, 25.01% of the shares are owned by Centravis Production Ukraine PJSC, another 25.01% by Interpipe Nico Tube LLC, 24.984% by PKP Yuvis LLC, and 24.99% by the Cypriot company Volbert Company Limited.

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“Zhytomyrski Lasoschi” to Hold Shareholders’ Meeting on April 30

According to Fixygen, JSC “Zhytomyr Delicacies” intends to hold its annual general meeting of shareholders on April 30, 2026, remotely via a written ballot. Voting on agenda items will begin on April 20 at 11:00 a.m. and end on April 30 at 6:00 p.m., and the list of shareholders eligible to participate in the meeting will be compiled as of April 27.

According to the published notice, the agenda includes consideration of the supervisory board’s report for 2025, approval of the results of financial and operational activities and profit distribution, a decision on dividend payments, review of the audit report, as well as an increase in the number of members of the supervisory board, the election of new members, including independent directors, and the approval of a new version of the articles of association and the regulations on the supervisory board.

The draft resolutions propose to approve the company’s net profit for 2025 in the amount of UAH 32.871 million and to allocate it for the payment of dividends. It is proposed to approve the dividend amount for ordinary registered shares at UAH 0.87 per share, with the payment to be made within six months from the date of the resolution’s adoption by the general meeting. Shareholders are also proposed to increase the composition of the supervisory board from three to seven members, two of whom must be independent directors.

JSC “Zhytomyr Delicacies” was registered in Zhytomyr on September 23, 1993; the company’s primary activity is the wholesale trade of sugar, chocolate, and confectionery products; its authorized capital is UAH 18.22 million; and Lyudmila Sidenko is listed as the director. According to public registries, the largest shareholders are TIS-COMPANY LLC with a 65.8663% stake, Trading House “Zhytomyrski Lasoschi” LLC with a 16.4666% stake, and Delta Capital SA with a 13.9711% stake. The company’s revenue in 2025 amounted to 707.628 million UAH, its net loss was 31.813 million UAH, and its assets at year-end were 1.233 billion UAH.

https://www.fixygen.ua/news/20260414/zhitomirski-lasoshchi-provedut-zbori-aktsioneriv-30-kvitnya.html

 

 

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Bila Tserkva Industrial Park to Launch Educational Hub

The Bila Tserkva Industrial Park (IP)—a project of entrepreneur Vasyl Khmelnytskyi’s holding company UFuture—is building an educational hub and plans to open it in 2026, Oleksiy Henzer, commercial director of the Bila Tserkva Industrial Park, told Interfax-Ukraine. According to him, the building, with a total area of 2,500 square meters, will house classrooms, training facilities with modern equipment, production laboratories, a conference hall, and office and social spaces.

“For us, the industrial park is a platform for shared infrastructure and collaborative solutions. Together, we create the engineering foundation, organize services, and must also jointly address systemic barriers that are difficult, expensive, and not always effective for an individual resident to overcome on their own. “One of the most pressing issues today is the availability of qualified specialists. For us, the training of specialists is part of the investment infrastructure,” he said.

Genzer emphasized the critical importance of supporting the community’s industrial development alongside the simultaneous development of education at all levels. “We are currently planning to involve a specialized educational institution to develop modern curricula. We also plan to involve residents in the program to give people the opportunity to train on modern equipment and obtain relevant qualifications directly within the park,” he said.

In addition, among the projects of the “Bila Tserkva” Industrial Park is support for secondary and vocational education. In particular, a memorandum has been signed with local authorities regarding the renovation of vocational training classrooms. Two classrooms have already been renovated, and by 2028, we plan to renovate classrooms in 13 more educational institutions.

“The community is handling the renovations, while we provide modern equipment. We hope that within the framework of this project, we will be able to cover almost all secondary schools in the city,” said Genzer.

UFuture, the investment holding company of Ukrainian entrepreneur Vasyl Khmelnytskyi, has a diversified portfolio of assets in real estate, infrastructure, industry, and pharmaceuticals. It is actively investing in the development of the UNIT.City innovation park and the Bila Tserkva Industrial Park.

The Bila Tserkva Industrial Park and Bila Tserkva 2 were included in the Register of Industrial Parks in 2018. There are over two dozen residents (including foreign companies) within the parks. Their total area is 70.3 hectares, of which 45 hectares have already been developed. Over 85,000 square meters of industrial and warehouse real estate have been commissioned.

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UK may tighten rules for obtaining permanent residency for most migrants

The UK intends to tighten the rules for obtaining permanent residency for most migrants by extending the standard waiting period from five to ten years. The primary source of this initiative is the UK government’s immigration White Paper, “Restoring control over the immigration system.” These documents explicitly mention a transition from the current five-year baseline to a new standard threshold of ten years.

The new model implies that the right to permanent residence will no longer be granted automatically after a fixed period of stay. The authorities want to link it to criteria regarding behavior, integration, and contribution to British society and the economy. The official consultation states that when reviewing applications, the following will be taken into account: the legality and continuity of residence, knowledge of the English language, passing the Life in the UK test, no criminal offenses, and, likely, verified employment and tax contributions.

The consultation on the earned settlement reform ran from November 20, 2025, to February 12, 2026, and the government says it is currently analyzing the feedback received. At the same time, London has already begun to implement related changes: on March 5, 2026, the Home Office announced stricter English language requirements for obtaining settlement, with these changes set to take effect in March 2027.

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Monument to Taras Shevchenko Restored in Novi Sad Following Act of Vandalism

According to Serbian Economist, the monument to Ukrainian poet Taras Shevchenko in Novi Sad has been restored after being damaged and doused with black paint in February. The city’s Institute for the Protection of Cultural Monuments reported that the bust and pedestal have been restored to their original condition following an assessment of the damage and restoration work carried out at the monument’s site.

The restoration was carried out by sculptor Ljubomir Šćepanović. During the work, the missing letters in Shevchenko’s surname were restored, and the monument and pedestal were cleaned and treated with wax. The institute noted that the work was completed within an optimal timeframe and without the use of harsh chemicals to preserve the original material.

The monument was vandalized on February 24, 2026. The monument was installed in 2021 near the university campus as a gift from Lviv.

https://t.me/relocationrs/2634

 

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Crossing Your Legs While Sitting Is Not Harmful to Your Health — Study

For most people, the habit of sitting with their legs crossed does not in itself pose a serious health risk. This is the conclusion reached by the authors of an article published by ScienceAlert, citing The Conversation: according to their assessment, the available data does not confirm that this posture harms the back, “wears out” the hip or knee joints, or causes varicose veins.
As the authors note, the problem is more often related not to the posture itself, but to the fact that a person remains in one position for too long. It is prolonged immobility, rather than “incorrect” posture as such, that more often leads to stiffness, discomfort, and a feeling of numbness. The researchers emphasize that the modern view of posture is gradually moving away from the idea of a single “ideal” position for everyone.
The article specifically addresses the common belief that crossing one’s legs is harmful to the back. According to the data cited by the authors, studies on posture and back pain have not identified a single universal sitting position that reliably protects against problems, nor have they found evidence that ordinary everyday sitting positions in and of themselves cause damage.
A similar conclusion is drawn regarding the joints. The authors point out that the knees and hip joints endure much greater stress daily when walking up stairs, standing up from a chair, running, or carrying heavy objects than when sitting with crossed legs. Although this posture may temporarily alter the angle of the joints, there is no conclusive evidence that it leads to arthritis or long-term damage.
The popular claim linking this habit to varicose veins is also unsubstantiated. As the publication notes, the risk of varicose veins is much more strongly associated with age, heredity, pregnancy, obesity, and certain occupational factors—including prolonged standing—rather than sitting with crossed legs.
However, the authors note a caveat: in certain clinical situations, such as after some hip surgeries, doctors may temporarily recommend avoiding this position. But this does not mean it is harmful for everyone. The main practical conclusion of the review is that what matters more than “perfect posture” is regularly changing body position, moving around, and avoiding sitting in one position for too long.