Business news from Ukraine

Business news from Ukraine

Pavlo Baloha buys all real estate of Mukachevo knitwear factory “Mriya” at residual value

The owner of JSC “Mukachevo Knitting Factory ”Mriya‘’ (Zakarpattia region) will sell all the real estate of the factory to the recently established local LLC “Citygoal” at the residual value, which at the end of 2025 amounted to UAH 14.065 million.

According to information in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the relevant decision was made at an extraordinary general meeting of shareholders on February 12, which was attended by one person – the owner of 99.86579% of the company’s authorized capital.

According to YouControl, Citygoal LLC was registered in Mukachevo in July last year with a share capital of UAH 20 million and its main activity being “construction of residential and non-residential premises.”

The owners of the company are Ivan Lilik – 33%, Mykola Medvid – 22%, and Pavlo Viktorovich Baloha – 45% (coinciding with the patronymic and surname of the son of the non-factional MP, former Minister of Emergency Situations, former head of the Transcarpathian Regional State Administration Viktor Baloha), who is listed as the ultimate beneficiary of this company.

According to information on the Mukachevo City Council website, on December 27, 2025, he granted permission to MTF Mriya to develop a detailed plan for the territory “to determine the possibility of building a multi-apartment residential complex with commercial, entertainment, and market infrastructure facilities.”

As reported, in November 2025, the owner of more than 98.87% of the shares of JSC “Mukachevo Knitting Factory ”Mriya,” which had been owned by the Lithuanian Utyanos Trikotazas, became the locally registered LLC Translum, owned by local entrepreneur Vladislav Vitvinov.

The general meeting of JSC “MTF ”Mriya” also decided to grant consent to the company’s director and supervisory board to sell the company’s movable property at a price not lower than its residual value (UAH 1.3 million at the end of 2025).

The announcement does not name the buyer of the movable property, but according to the draft decisions published in the announcement of the meeting, it was planned to sell this asset to the local company Teksto LLC, which, according to YouControl, was established in December last year with a statutory capital of UAH 1 million and its main activity being “underwear manufacturing.”

The owners of Teksto LLC are Mykola Medvid and Ivan Lilik (50% each).

The Mukachevo knitwear factory Mriya, which manufactures knitwear, was founded in 1973. Since 2005, it has been a subsidiary of Utyanos Trikotazas, which supplied raw materials and was the main buyer of its products.

In 2024, the factory incurred losses of UAH 7.4 million (46.6% less than in 2023) and reduced its net income by 15% to UAH 20 million. In January-September 2025, according to YouControl, its net income amounted to UAH 23 million, with losses of UAH 8.5 million.

As of early 2025, the factory employed 84 people, compared to 113 a year ago.

The authorized capital of JSC MTF Mriya is UAH 5.13 million.

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Alliance Company convenes shareholders’ meeting on March 16

According to Fixygen, Alliance Company PJSC plans to hold a general meeting of shareholders on March 16, 2026, according to the issuer’s announcement in the information disclosure system. The data provided on the meeting does not specify the main issues to be put to a vote.

Alliance Company PJSC (EDRPOU 32495221) was registered in 2003, with a charter capital of UAH 700.336 million. Its main activity is the purchase and sale of its own real estate.

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Tomorrow, gusty winds and icy roads expected in northern and western Ukraine

On Monday, February 23, dangerous weather conditions are expected in Ukraine, according to the Ukrainian Hydrometeorological Center.

“On February 23, in the north, Vinnytsia, at night and in the west, during the day and in Cherkasy and Poltava regions, wet snow will stick; in the Carpathians, wind gusts of 15-20 m/s are expected during the day; at night in Transcarpathia and the Carpathians, there will be significant wet snow and rain. There will be black ice on the country’s roads, except in the south and southeast. (Danger level I, yellow),” the report says.

It is noted that weather conditions may complicate the work of energy, construction, and utility companies and the daily lives of the population, as well as disrupt transportation.

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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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