Business news from Ukraine

Business news from Ukraine

Ukrhydroenergo has signed its first agreement for exchange-traded export of electricity to Moldova

On April 9, 2026, PJSC “Ukrhydroenergo” signed its first agreement since the launch of the “Electricity Import-Export” section on the Ukrainian Energy Exchange (UEEX), the company announced on its Telegram channel on Friday.

“It was Ukrhydroenergo that initiated the auction and sold electricity across the Ukraine-Moldova border,” the company noted.

As explained by the company, this agreement marks an important step in the development of exchange-based electricity trading and the expansion of the organized market’s capabilities. The agreement also has practical significance for the entire power system: a separate exchange section for import-export operations makes such transactions more predictable and transparent, allows for better system balancing amid fluctuating demand and generation, and opens up additional opportunities for attracting external resources or selling surplus electricity. As a result, the system gains greater flexibility, and the market gains clear rules of the game for all participants.

“For Ukrhydroenergo, this agreement is the result of the work of an entire team of specialists, as well as a strategic step toward developing a transparent, competitive electricity market integrated with European practices,” noted Bogdan Sukhetsky, Acting CEO of Ukrhydroenergo.

According to him, by initiating such mechanisms, the company is opening up new opportunities for efficient exports, increasing the liquidity of exchange trading, and strengthening energy cooperation with neighboring countries.

As reported, Ukraine reduced electricity imports by 25% in March compared to the previous month—to 942,100 MWh—and resumed electricity exports, which had last taken place on November 10, 2025. Export volumes in March totaled 30,200 MWh.

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“Donbas Clays” to Hold Shareholders’ Meeting on April 30

According to Fixygen, PJSC “Donbas Clays” intends to hold its regular annual general meeting of shareholders on April 30, 2026. The notice of the meeting was posted on the issuer’s website on March 30; the meeting itself will be held in person at the company’s Kyiv office. The published notice states that the agenda includes a report by the executive body on the results of financial and operational activities for 2025, reports from the supervisory board and the external auditor, approval of the 2025 performance results, profit distribution and loss coverage procedures, the issue of the annual dividend amount, as well as preliminary consent to enter into significant transactions for a term of one year.

According to the key indicators published along with the meeting materials, in 2025 the company reported a net loss of UAH 216.793 million, compared to a net profit of UAH 247.477 million a year earlier. At the same time, assets increased to UAH 1.294 billion from UAH 1.132 billion, and cash and cash equivalents rose to UAH 651.893 million from UAH 139.077 million.

PJSC “Donbas Clays” was registered in 1995 and specializes in the extraction of sand, gravel, clay, and kaolin. The company’s registered address is the village of Dorozhne, Mertsalovo Station, Pokrovsk District, Donetsk Oblast; its director is Ihor Tkach; and its authorized capital is UAH 526,900. The company remains registered as of early April 2026.

According to previously published information, 99% of the company’s shares were owned by Watts Blake Bearne International Holdings B.V.—a subsidiary of the British company Watts Blake Bearne.

https://www.fixygen.ua/news/20260410/shlifverst-provede-zbori-aktsioneriv-29-kvitnya.html

 

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“Schlifverst” to Hold Shareholders’ Meeting on April 29

According to Fixygen, Shlifverst PJSC intends to hold its annual general meeting of shareholders on April 29, 2026, in a remote format. The meeting is scheduled to begin at 11:00 a.m., and the record date for shareholders eligible to participate is April 26.

The agenda includes consideration of the director’s reports for 2022–2025, the supervisory board’s reports for 2022–2025, the audit committee’s report for 2022, as well as review of the conclusions of the audit reports for 2022–2025. In addition, shareholders are being asked to approve the results of financial and operational activities for 2021–2025, terminate the powers of the current members of the supervisory board, elect new members, and approve the terms of contracts with them.

According to the published draft resolutions, the company proposes not to pay dividends based on the results for 2021–2025. At the same time, a loss of UAH 1.8298 million for 2025 has been submitted for approval, which is proposed to be covered by reducing retained earnings from previous periods. For comparison, the draft resolutions also indicate net profit for 2024 at UAH 117,200, for 2023 at UAH 31,200, for 2022 at UAH 3.9759 million, and for 2021 at UAH 62,000.

Separately, the meeting materials note that it is proposed not to approve the conclusions of the audit reports for 2022–2025 due to the failure to conduct such audits.

PJSC “Shlifverst” was registered on March 22, 1994; its registered address is 3 Veresaeva St., Zaporizhzhia; its director is Mykola Mukha; and its authorized capital is 134,611 thousand UAH. According to Opendatabot, the company’s revenue in 2025 amounted to UAH 4.011 million compared to UAH 5.361 million in 2024, assets — UAH 31.982 million, liabilities — UAH 230.2 thousand. Among the largest shareholders are listed ALDON BUSINESS INC. with a 42.3817% stake, Duncan Promotions Ltd. with 19.9799%, PJSC “Vinnytsia Aviation Plant” with 18.9769%, and LLC “Granum-Elit” with 9.9322%, while Jerzy Nica is listed as the ultimate beneficiary. On its corporate website, the company positions itself as a manufacturer of cylindrical grinding machines and related metalworking equipment.

https://www.fixygen.ua/news/20260410/shlifverst-provede-zbori-aktsioneriv-29-kvitnya.html

 

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Steel mill in Dnipro has installed Ukraine’s largest rooftop solar power plant

One of the largest steel mills in the Dnipropetrovsk region has completed a comprehensive energy independence project. The plant has commissioned the largest rooftop solar power plant for an enterprise in Ukraine, with a capacity of 4 MW, integrated with an industrial energy storage system (BESS) with a capacity of 4.2 MWh. The project, implemented by Rayton, will allow the plant to save approximately $1.5 million annually.

As of April 1, 2026, the full cost of electricity for industry (voltage class 2) in the region is 9–10 UAH/kWh, and during peak evening hours on the day-ahead market (DAM) it reaches 12–15 UAH/kWh. With the plant’s monthly consumption of 400–500 MWh, electricity bills amounted to 4–5 million UAH. Additionally, sudden power outages threatened to shut down the electric arc furnaces, which meant tens of thousands of hryvnias in direct losses every hour and the risk of damaging expensive equipment.

“For modern industry, especially an energy-intensive sector like metallurgy, on-site power generation and industrial batteries are no longer just an environmental trend but a basic requirement for survival and competitiveness,” commented Olga Lesko, director and co-founder of Rayton. “This complex in Dnipro has become one of the largest hybrid projects for industry in Ukraine and the largest existing rooftop station in Ukraine for self-consumption on a ballast mounting system. “We have created a system that not only generates kilowatts but also intelligently manages the consumption of the entire plant, protecting it from blackouts and price shocks in the electricity market.”

How the plant’s smart energy system works

The solar power plant complex (4,027 kW) and the storage system (4,180 kWh) operate as a single unit, addressing three key tasks:

  1. Direct consumption. From 7:00 AM to 6:00 PM, solar energy directly powers the production lines. During peak sunlight hours, the plant uses its own free energy instead of grid power.
  2. Peak shaving and energy arbitrage. Excess generation charges the batteries. When consumption spikes, the BESS instantly releases energy, preventing the plant from exceeding its contracted capacity and incurring penalties. In the evening (8:00 PM–10:30 PM), when grid prices are highest, the plant operates on cheap energy stored during the day.
  3. Uninterruptible power supply. In the event of a blackout, the system switches to battery power in just 20 milliseconds. Production equipment does not notice the power drop, and the 4.2 MWh capacity is sufficient to ensure the safe operation of critical lines for several hours. In other words, in addition to earning on the tariff difference, the UZE enables the completion of all necessary processes and prevents production stoppages in the event of a grid outage.

Economic impact: payback in 3 years

The total investment in the modern energy complex amounted to approximately $3.9 million, of which $3 million was allocated to the construction of a solar power plant (SPP), and another $900,000 to the integration of energy storage systems (ESS).

The projected annual generation of the SPP is 4 million kWh, which, at an average tariff of 8 UAH, will generate approximately 32 million UAH (over $727,000) in annual revenue, returning at least one-third of the invested funds annually. Although storage systems slightly increase the cost of a “solar” kilowatt-hour, their use allows for maximum efficiency and generates $1.5 million annually (total savings from the solar power plant and ESS combined — ed.).

“The economic model of the solar power plant shows a payback period of less than three years, which is an unprecedented figure demonstrating the extremely high profitability of such solutions,” adds Olga Lesko. “Over the projected 30-year operational life, the solar power plant and the industrial system will generate over 1.9 billion UAH in net profit for the plant.”

Company Profile:

Rayton is a company committed to making solar energy accessible to everyone. We offer industrial enterprises turnkey solutions based on solar power plants and industrial energy storage systems.

The company has implemented over 300 projects with a total capacity of more than 100 MW of solar generation and over 40 MWh of energy storage systems (BESS). The project in the Dnipropetrovsk region ranks among the company’s top three largest completed projects.

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“Abinbev Efes Ukraine” will hold shareholders’ meeting on April 29

According to Fixygen, PJSC “Abinbev Efes Ukraine” intends to hold its annual general meeting of shareholders on April 29, 2026, remotely via a written ballot. Thus, according to the issuer’s official announcement, the date of the meeting is April 29, not April 30. The list of shareholders entitled to participate in the meeting will be compiled as of April 24, 2026.

The agenda includes consideration of the Board of Directors’ report for 2025, the conclusions of the audit report, approval of the annual financial statements, and the procedure for covering losses for 2025. In addition, shareholders are being asked to terminate the powers of the current Board of Directors, elect a new Board, appoint a Chief Executive Officer, and approve the terms of contracts with Board members.

According to the draft resolutions, it is proposed to cover the company’s losses for 2025 using additional capital. The meeting materials also include a proposal to elect Dmytro Shpakov as the company’s chief executive officer. Voting will begin on April 17 at 11:00 a.m. and end on April 29 at 6:00 p.m.; voting ballots are to be posted on the company’s corporate website on April 17, and the cumulative voting ballot on April 24.

AB InBev Efes Ukraine PJSC was registered in December 2005; its registered address is 30-B Fizkultury St., Kyiv; its primary business activity is beer production; and its authorized capital is UAH 95.11 million. AB InBev Efes B.V. is listed as the largest shareholder with a 98.7199% stake. According to Opendatabot, the company’s revenue in 2025 was 6.288 billion UAH, net loss was 392.4 million UAH, assets at year-end were 5.172 billion UAH, and the number of employees was 1,061. On its corporate website, the company also reports having five separate divisions in Ukraine.

https://www.fixygen.ua/news/20260410/abinbev-efes-ukrayina-provede-zbori-aktsioneriv-29-kvitnya.html

 

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Kremenchug Wheel Plant to Hold Shareholders’ Meeting on April 30

According to Fixygen, PJSC “Kremenchug Wheel Plant” intends to hold its annual general meeting of shareholders on April 30, 2026. The meeting will be held remotely via a poll, and the list of shareholders eligible to participate will be compiled as of 11:00 PM on 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 economic activities for 2025, approval of the procedure for covering losses, approval of the company’s annual report, as well as consideration of the conclusions of the audit report for 2025. At the same time, the draft resolution states that it is proposed to leave the loss for 2025 uncovered and not to accrue or pay dividends based on the year’s results. It is separately noted that due to the absence of the 2025 audit report, measures based on its review will not be approved.

Ballots for voting on agenda items must be made freely available to shareholders no later than 11:00 a.m. on April 21, and the acceptance of completed ballots will end at 6:00 p.m. on April 30.

Kremenchug Wheel Plant PJSC is registered in Kremenchug; its primary activity is the manufacture of other components, parts, and accessories for motor vehicles. According to Opendatabot, the company’s revenue in 2025 was 3.244 million UAH, its net loss was 10.706 million UAH, and its assets at year-end were 436.49 million UAH. Sergey Lazarenko is listed as the ultimate beneficiary in the registry data, while the major shareholders include EMI Deutschland GmbH, Sergey Sendzyuk, Andrey Savchenko, Alexander Slepinin, Victoria Kozlova, and Dmitry Slepinin. Historically, the plant was established in 1961 as a specialized enterprise for the production of wheel products and was transformed into a joint-stock company in 1994.

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