Business news from Ukraine

Business news from Ukraine

“Ivanopolsky Sugar Plant” to Hold Shareholders’ Meeting on June 4

According to Fixygen, PJSC “Ivanopolsky Sugar Plant” has scheduled a general meeting of shareholders for June 4, 2026, as indicated in a filing with the SMIDA disclosure system. The meeting will be held remotely.

Ivanopolsky Sugar Plant PJSC was registered on August 7, 1994, with EGRPOU code 00372380. According to OpenDataBot, the company is registered in the village of Ivanopol in Zhytomyr Oblast, with a registered capital of UAH 148,803 thousand; Sergey Barabash is listed as the director.

According to SMIDA data on major shareholders for the fourth quarter of 2025, 69.6423% of the company’s shares are owned by Alina Barabash, a resident individual.

The Ivano-Pol Sugar Plant is one of the enterprises in the sugar industry of Zhytomyr Oblast. In recent years, the Ukrainian sugar industry has been undergoing asset consolidation, a decline in the number of operating plants, and increased dependence on sugar beet harvests, domestic prices, and export opportunities.

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“Yuzhkoks” reduced its net loss to 110 mln hryvnias in first quarter

PJSC Yuzhkoks (Kamenskoye, Dnipropetrovsk Oblast) reported a 2.1-fold increase in its net loss for January–March of this year compared to the same period last year—to UAH 110.027 million from UAH 226.338 million.

According to the company’s interim report, available to the Interfax-Ukraine agency, revenue from ordinary activities for this period decreased by 5.6%, to UAH 2,176.428 million.
The uncovered loss as of the end of March amounted to UAH 2,812.386 million.

According to the annual financial report, the plant incurred a net loss of 3.195470 billion UAH in 2025, compared to 272.925 million UAH in 2024. At the same time, revenue from ordinary activities for the past year decreased by 12.9% to 8.582546 billion UAH.
As reported, Yuzhkoks increased its net loss by 4.7 times in 2024 compared to the previous year—to UAH 272.925 million from UAH 58.0252 million.

Yuzhkox ended 2022 with a net loss of UAH 1.206942 billion, compared to a net profit of UAH 1.292672 billion reported for 2021.
According to the National Securities and Stock Market Commission (NSSMC) data for the first quarter of 2026, Dashuria Ltd. (Cyprus) owns 94.9565% of the company’s shares.

The authorized capital of PJSC “Yuzhkoks” is UAH 171.918 million, and the par value of a share is UAH 0.25.

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“Centrenergo” to Hold Shareholders’ Meeting on June 1

According to Fixygen, PJSC “Centrenergo” has scheduled a general meeting of shareholders for June 1, 2026, as indicated in a filing on the SMIDA disclosure system.

The meeting will be held remotely.

PJSC “Centrenergo” is one of Ukraine’s largest heat-generating companies. According to the company itself, it has operated as a joint-stock company since 1995; its authorized capital is UAH 480.229 million and is divided into 369.407 million ordinary registered shares.

According to OpenDataBot, Centrenergo’s EDRPOU code is 22927045, and Sergey Isachenko is listed as the director. The public profile also notes a significant number of enforcement proceedings and a recent change in leadership.

“Centrenergo” has historically played an important role in Ukraine’s thermal power generation and power system balancing. The company’s structure includes large thermal power plants; however, during the war, Ukraine’s thermal power generation remains one of the most vulnerable segments due to attacks on energy infrastructure.

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“Stalkanat” saw its net profit drop by 45% in first quarter

PJSC “Production Association ”Stalkanat” (Odessa) reported a 45% decrease in net profit for January-March of this year compared to the same period last year—down to UAH 54.693 million from UAH 99.317 million.

According to the company’s interim report, which is available to the agency “Interfax-Ukraine,” revenue from ordinary activities for this period decreased by 11%—to UAH 1.030696 billion.

Retained earnings as of the end of March amounted to UAH 949.245 million.

According to the annual financial report, the plant reported a net profit of 590.809 million UAH in 2025, compared to 184.808 million UAH in 2024. Meanwhile, revenue from ordinary activities for the past year increased by 20.2% to 5.334152 billion UAH.

As reported, in 2024, the company reduced its net profit by 34% compared to the previous year—to 184.808 million UAH from 280.060 million UAH. At the same time, it increased its net revenue by 33.3%, to UAH 4.436786 billion, and the plant shipped 90,089 thousand tons of metal products. Exports accounted for 48% in volume terms. Capital investments amounted to UAH 226.445 million.

The average number of employees in 2024 was 1,056, and the average income per employee was UAH 34,632.

“Stalkanat” is one of the largest manufacturers of steel ropes and reinforcing strands in Eastern Europe and the leading producer of metal products in Ukraine.

According to the State Registration Service data for the first quarter of 2026, Davyd Nemirovsky holds 50% of the shares, Anton Mykhalenko (non-resident) holds 24.9%, and Maria Kondratyuk also holds 24.9%.

The authorized capital of Stalkanat PJSC is UAH 35.472 million, with a par value of UAH 0.17 per share.

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“Indar” to Hold Shareholders’ Meeting on June 16

According to Fixygen, PJSC “Indar Insulin Production” has scheduled a general meeting of shareholders for June 16, 2026, as indicated in a notice posted on the SMIDA disclosure system. The meeting will be held remotely.

Indar PJSC was registered on October 31, 1997, with EDRPOU code 21680915. According to OpenDataBot, the company’s authorized capital is UAH 80.886 million, and Lyubov Vyshnevska is listed as the director. The registered address is Kyiv, 5 Zroshuvana St. The primary business activity is the production of pharmaceuticals and materials.

According to the company’s own information, Indar is a full-cycle manufacturer of genetically engineered insulins—from active ingredients to finished dosage forms—and has over 20 years of experience in the research and production of pharmaceuticals.

The company previously reported that 70.7% of Indar’s shares are owned by the state, while Lurak Investments Limited became the owner of 29.3% of the shares.

Indar is one of Ukraine’s key insulin manufacturers. During the war, the importance of such enterprises has increased due to the need to maintain domestic production of critically important medicines and reduce dependence on imports.

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U.S. Embassy warns of possible large-scale strike on Ukraine and Kyiv

The U.S. Embassy in Ukraine has warned U.S. citizens about a likely large-scale air strike by the Russian Federation within the next 24 hours. The relevant communiqué was published today on the embassy’s official website.

“The U.S. Embassy in Kyiv has received information about a possible large-scale air attack that may occur at any moment within the next 24 hours. The Embassy, as always, recommends that U.S. citizens be prepared to immediately take shelter in the event an air alert is announced,” the U.S. Embassy said in its statement.

The Embassy reminded compatriots who are in Ukraine of the necessary steps in the event of an air alert: determine the location of a shelter before an air alert is announced, have a reliable alert application on the phone, and a supply of medicines, water and food. The warning applies to all regions of Ukraine.