Business news from Ukraine

Business news from Ukraine

“ORION.GROUP” has launched mobile production complex worth 35 mln UAH

“ORION.GROUP,” a manufacturer of stainless steel equipment and containers (Kyiv Oblast), has launched a mobile production complex that is unique in Ukraine. It allows for the bending, welding, and grinding of metal structures outside the factory—on the customer’s premises. The mobile production complex is used to manufacture and assemble tanks with a diameter of over 5 meters, the transportation of which in assembled form is difficult, expensive, or impossible. The investment in this project amounts to 35 million UAH.

This was announced by Dmytro Kysilevsky, Deputy Chairman of the Verkhovna Rada Committee on Economic Development.

“ORION.GROUP” products for farmers and the food industry are sold with a 25% cost reimbursement to buyers from the state. This program is part of the “Made in Ukraine” policy for the development of Ukrainian manufacturers.

Currently, the ORION.GROUP mobile production complex is being used in the construction of a bioethanol plant in the Ternopil region. After that, the plan is to use this equipment to build an agricultural processing complex in an industrial park in the Khmelnytskyi region.

“ORION.GROUP” manufactures stainless steel tanks for the beer, juice, dairy, bioethanol, confectionery, pharmaceutical, and chemical industries. In addition to Ukraine, the company has built plants and production lines in 65 countries worldwide. In 2011–2013, “ORION.GROUP” was engaged by the French consortium NOVARKA to construct the confinement (arch) over the Chernobyl Nuclear Power Plant.

In 2025, the company’s sales volume amounted to 440 million UAH. During this period, the company paid 97 million UAH in taxes. The company employs 127 people.

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Tap to Phone has reached over 500,000 customers in Silpo’s delivery service

The Silpo chain, in partnership with PrivatBank and Mastercard, has expanded the Tap to Phone technology across its entire delivery coverage area.

Tap to Phone operates through the “Terminal” app and simplifies the payment process upon order pickup—for both customers and couriers.

Thanks to this technology, the courier’s smartphone functions as a payment terminal, so customers simply need to tap their bank card or another NFC-enabled device against it to pay.

The integration of the “Terminal” app into the network began gradually in June 2025, and by May 2026, with Mastercard’s support, the technology had expanded to cover the entire Silpo delivery area.

To date, over 500,000 customers have already taken advantage of Tap to Phone.

In particular, teams from Silpo, PrivatBank, and Mastercard decided to test the “Terminal” app in real-world conditions and became delivery drivers for a day. Throughout the day, they delivered orders to customers and accepted cashless payments using the technology.

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monobank has eliminated fees for international SWIFT payments

The digital bank monobank has eliminated fees for all incoming and outgoing international SWIFT payments for individual and business customers, according to the project’s co-founder, Oleg Gorokhovsky.

“Previously, a SWIFT transfer cost users an average of about 1,000 UAH in fees,” he wrote on his Telegram channel on Wednesday.

According to Gorokhovsky, such payments are currently important for businesses due to the possibility of cheaper procurement, and for individuals—to pay for education, medical treatment, and military equipment.

He added that the bank earned over 11 million UAH per year from these fees.

monobank is a branchless mobile bank founded in January 2017 by former PrivatBank top managers Oleg Gorokhovsky, Dmytro Dubilet, and Mykhailo Rogalsky. The project operates under the banking license of Universal Bank, which is part of the TAS Group (Kyiv).

According to the National Bank, as of April 1, 2026, Universal Bank had issued a total of 29.42 million cards, of which 10.17 million were used for transactions during the month.

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KZVV’s net profit fell by factor of 6.7 in first quarter

JSC “Kramatorsk Heavy Machine-Tool Plant” (KZVV, Perechin, Zakarpattia Oblast), nearly 97.7% of whose shares are owned by former People’s Deputy (2016–2023) Maksym Yefimov, ended January-March of this year with a net profit of UAH 106 million, which is 6.7 times less than the corresponding figure for January-March of last year.

According to the company’s financial statements in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net revenue, however, increased by 47.7%—to nearly 16 billion UAH.

KZVV reported UAH 202.5 million in gross profit (4.3 times less), while operating profit fell by 9.5 times to UAH 85.2 million.
Retained earnings as of March 31, 2026, amounted to UAH 1.87 billion (UAH 2.12 billion at the beginning of the year).

Compared to the beginning of 2026, the plant reduced its current liabilities by 15.5% to 33.9 billion UAH, while long-term liabilities, having decreased slightly, amounted to 122.1 million UAH.
The main specialization of KZVV, which was relocated from Kramatorsk to Perechin in the summer of 2022, is universal special-purpose machine tools designed for the energy, metallurgical, oil and gas industries, machine building, and rail transport, as well as machine tools for single-unit and small-batch production. The plant also manufactures special-purpose products.

In particular, the company “Friendly Wind Technologies” produces wind power equipment at the plant’s facilities, and in August 2023, the “Friendly Wind Technologies” industrial park was registered in Perechyn.
As reported, in 2025, KZVV increased its net profit by 2.3 times compared to 2024—to UAH 1.41 billion—as net revenue grew by more than 2.6 times—to UAH 50.4 billion.

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On June 16, Indar shareholders will consider issue of renewing  composition of supervisory board

According to Fixygen, shareholders of Indar Insulin Manufacturing PJSC will consider the issue of terminating the powers of the chairman and members of the company’s supervisory board at an extraordinary general meeting on June 16.

According to a statement from the State Property Fund of Ukraine, the meeting will be held remotely via a poll.

The agenda also includes the election of a new supervisory board, the approval of the terms of civil law contracts with its members, and the appointment of an authorized representative to sign such contracts.

The list of shareholders entitled to participate in the meeting is current as of June 11, 2026.

Indar PJSC is registered in Kyiv. The company specializes in the production of insulins and medications for the treatment of diabetes.

 

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On June 12, Oriana shareholders will consider proposal to change  composition of supervisory board

According to Fixygen, shareholders of Oriana JSC (Kalush, Ivano-Frankivsk Oblast) will consider a proposal to terminate the powers of the chairman and members of the company’s supervisory board at an extraordinary general meeting on June 12.

According to a statement from the State Property Fund of Ukraine, the meeting will be held remotely via a survey.

The agenda also includes the election of supervisory board members, the approval of the terms of civil law contracts with them, and the appointment of a person authorized to sign such contracts.

Oriana JSC is registered in Kalush, Ivano-Frankivsk Oblast. The company is one of the region’s well-known industrial assets and has historical ties to Kalush’s chemical industry.

 

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