Business news from Ukraine

Business news from Ukraine

Chernivtsi Oil and Fat Plant has scheduled a shareholders’ meeting for April 21

According to Fixygen, Chernivtsi Oil and Fat Plant JSC will hold a general meeting of shareholders on April 21, 2026. The information provided about the meeting does not specify the main issues to be put to a vote.

Chernivtsi Oil and Fat Plant JSC is a food processing company in the Chernivtsi region that operates in the oil and fat products segment.

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West Berry launches new berry freezing facility in Lviv region

West Berry LLC (Drohobych, Lviv region), one of Ukraine’s leading exporters of frozen berries, has launched a new production facility with modern sorting and processing lines and blast freezing tunnels, according to the Drohobych City Council.

According to the report, the new facility, with an area of about 10,000 square meters, was built in six months. The project includes two shock freezing tunnels with a total capacity of 7 tons per hour (3.5 tons each) and six product storage chambers.

“Our goal is to ensure a full production cycle: from growing and harvesting berries to freezing and selling finished products on European markets,” said company CEO Volodymyr Sambirsky.

The company is currently completing the construction of office space, a canteen, and a modern shelter.

In 2025, the company won a $150,000 grant from the FAO and the European Union, which made it possible to speed up the launch of new lines.

West Berry LLC was founded in 2016.

It specializes in harvesting and freezing wild and cultivated berries (sea buckthorn, currants, blueberries, raspberries, elderberries, etc.). The products are exported to Germany, Italy, France, Poland, and the Baltic countries.

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PJSC “Kordelevsky Feed Mill” will hold a shareholders’ meeting on April 14

According to Fixygen, PJSC “Kordelevsky Feed Mill” plans to hold a general meeting of shareholders on April 14, 2026.

PJSC “Kordelevsky Feed Mill” is an agricultural processing enterprise involved in the production of compound feed and feed components for livestock.

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Kametstal’s contributions to Kamensk budget increased by 16% to UAH 744 mln

The Kametstal plant, part of the Metinvest mining and metallurgical group, was established on the premises of the Dniprovsky Metallurgical Plant (Kamensk, Dnipropetrovsk region), reduced its tax and fee payments by 30.5% compared to 2024, to UAH 1.957 billion from UAH 2.815 billion.

According to a press release, for the fourth year in a row, amid military threats and energy challenges, Kametstal remains a solid foundation of the Ukrainian economy and the main contributor to the city budget.

In 2025, the city budget of Kamensk received more than UAH 744 million from Kametstal, which is UAH 105 million more than in 2024. More than UAH 1 billion 213 million was transferred to the regional and state budgets.

It should be noted that the lion’s share of tax revenues to local and state coffers from the company in 2025 was provided by a single social contribution, which amounted to almost UAH 588 million (+28% compared to 2024), personal income tax – almost UAH 502 million (+27% compared to 2024), as well as land tax, which increased by almost UAH 44 million compared to 2024 and actually amounted to almost UAH 430 million (+11% compared to 2024).

Environmental tax deductions for the 12 months of 2025 amounted to over UAH 146 million.

The plant’s financial director, Yevgeniya Zhamashvili, noted that last year, Kametstal’s deductions to the city budget increased by 16% compared to 2024 and account for a significant portion of all local revenues.

“For the city, this means stable operation of hospitals, functioning of public utilities, and implementation of priority programs,” she said.

According to Kametstal’s interim report for the fourth quarter of 2025, the main important events, risks, and uncertainties that occurred during the reporting period and affected the interim financial statements include, in particular, disruptions in production and logistics routes, destruction of infrastructure, limited stocks and import and export opportunities due to the escalation of military operations in the region, the energy crisis, staff shortages, economic and legal risks, significant currency fluctuations, etc.

The company is also affected by credit risk, capital management risk, liquidity risk, market risk, and the impact of martial law, the document says.

The plant’s press release also reports that in 2025, the coke shop produced 201,700 tons of coke for the enterprise’s blast furnace production. Last year was a period of real endurance testing and, at the same time, high efficiency for coke chemists: the total economic effect of the coke chemical division (CCD) amounted to $1.203 million, of which the lion’s share ($959 thousand) fell on the coke shop.

As reported, in 2024, Kametstal increased its tax and fee payments by 30% compared to 2023, to almost UAH 2.815 billion. The budget of the city of Kamyanske received almost UAH 639 million, which is UAH 34 million more than in 2023. Almost UAH 2.176 billion was transferred to the regional and state budgets. The largest contributions to budgets at various levels were: social security contributions – almost UAH 457 million (+14% compared to 2023), land payments to the local budget increased by UAH 21.5 million compared to 2023 – amounting to over UAH 386 million (+6% compared to 2023). There was also a significant personal income tax – almost UAH 394 million (+12% compared to 2023), and a military tax of UAH 37 million (+28% compared to 2023).

The environmental tax increased by 17.5% compared to 2023, to UAH 181 million.

In 2023, Kametstal increased its tax and fee payments by 34.8% compared to 2022, to UAH 2.154 billion. In 2022, Kametstal paid UAH 1.598 billion in taxes and fees, which is higher than in 2021.

Kametstal was established on the basis of PJSC Dniprovsky Coke Chemical Plant (DKHP) and PJSC Dniprovsky Metallurgical Plant (DMP).

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Uzhgorod Garment Factory PJSC will hold shareholders’ meeting on March 19

According to Fixygen, Uzhgorod Garment Factory PJSC has scheduled a general meeting of shareholders for March 19, 2026.

The information provided about the meeting does not specify the main issues to be put to a vote.

PJSC “Uzhgorod Sewing Factory” is a light industry production site in the Zakarpattia region, specializing in clothing and contract manufacturing.

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Checkpoint on the Tysa: Kyiv and Bucharest discussed the launch of a new crossing

Representatives of Ukraine and Romania discussed the status of implementation of the project to build the international border crossing point “Bila Tserkva – Sighetu Marmatiei” on the Ukrainian-Romanian border, as well as the prospects for the development of border infrastructure between the two countries.

During the working meeting, the participants familiarized themselves with the progress of works directly at the construction site. In particular, a retaining wall is currently being built along the bank of the Tysa River, and an embankment has also been formed for the placement of facilities of the first and second phases of construction of the border crossing point.

The parties noted the importance of implementing the project to increase the border’s throughput capacity, develop transport connections, and intensify economic cooperation between the regions.

Special attention during the talks was paid to the prospects for opening new state border crossing points — “Yablunivka – Remety” and “Khyzha – Tarna Mare”. It is expected that their launch will contribute to expanding cross-border cooperation, simplifying logistics, and strengthening partnership relations.

The implementation of infrastructure projects at the border is considered as one of the key directions for the development of border areas and the integration of transport routes in the region.