JSC Ukrenergomashiny (Kharkiv), more than 75.22% of which is owned by the state, intends to allocate 80% of its net profit of UAH 203 thousand to pay dividends to shareholders for 2023.
According to the agenda of the remote extraordinary meeting on April 25, taking into account the basic dividend rate of 80% for most companies with a state share approved by the Cabinet of Ministers, Ukrenergomashiny will allocate UAH 162.228 thousand for dividends.
The remaining 20% of the profit is planned to be retained.
As reported, in 2022, Ukrenergomashiny allocated 50% of its net profit, or UAH 160 thousand, to dividends.
At the meeting, the shareholders plan, in particular, to approve the reports of the governing bodies, determine the main areas of activity in 2024, and approve a guarantee of the return of the advance payment under the agreement with AAEK CJSC (Armenia).
JSC Ukrenergomashiny (formerly JSC Turboatom and Electrotyazhmash) is the only Ukrainian manufacturer of turbine equipment for hydro, thermal and nuclear power plants. The company also produces, among other things, electric motors for railway and urban transport (Electrotyazhmash’s nomenclature).
In addition to the state, the shareholders (according to the NSSMC as of the third quarter of 2023) include the Seventh Investment Fund, which is affiliated with entrepreneur Konstantin Grigorishin and managed by AMC Svarog Asset Management, with 15.3416% of shares, and Russian citizen Valery Valandin with 5.598% of shares.
According to Clarity-project, in 2023, Ukrenomashiny JSC reduced its net income by 2.7 times compared to 2022, to UAH 376.3 million.
Quotes of interbank currency market of Ukraine (UAH for 1 PLN, IN 01.01.2024-31.01.2024)
minfin.com.ua
Efarm Pro and “Kobzarenko Plant” LLC presented a demining machine “People’s deminer”, which has already passed the first successful tests at a military training ground and is now at the certification stage, First Deputy Prime Minister of Economy Yulia Sviridenko said.
“Efarm Pro and Kobzarenko Plant LLC, which are participants of our innovation bootcamp, presented the “People’s deminer”. It has already passed the first successful tests at a military training ground. The machine is currently undergoing certification,” she wrote on Facebook.
According to her information, the system implies automatic work on large areas with an accuracy of up to 2 centimeters along a given route. The prototype was developed on the basis of the Ukrainian tractor T-156, but it was fully modernized. The machine can be controlled remotely.
“This is another step towards the safety of both our people and our lands,” Sviridenko summarized.
Kobzarenko Plant was founded in 1993 as a Ukrainian-German enterprise “Fligel” (renamed to “Kobzarenko Plant” in 2008). The company started its activity with the production of wheelbarrows and carts for homesteading. Currently it is the leading Ukrainian manufacturer of tractor trailers, hoppers, tankers, fertilizer spreaders, etc. As of 2018, the plant employed 700 workers.
It has two production workshops and warehouse complexes in Sumy region, as well as a plant in Poland Kobzarenko Sp. z.o.o., which manufactures machinery and works as a service center for start-up, maintenance, debugging of machinery in Europe and Poland.
Efarm pro brand belongs to Gardarika Tres LLC (Gardarika Tres LLC) – manufacturer and distributor of agro-equipment. It specializes in the production and sale of precision farming systems. Registered in 2014 in Kiev, has a production site in Sumy region.
Demining Machine, Efarm Pro, Kobzarenko Plant, Yulia Sviridenko
Pivdenkabel Plant JSC (Kyiv), a major Ukrainian cable manufacturer, ended 2023 with a net profit of UAH 87.65 million, down 38% from the same period in 2023, according to the information on the agenda of the company’s annual shareholders meeting on April 25.
According to the draft decision of the meeting on the distribution of last year’s profit, the company plans to pay dividends at the rate of 35% of the nominal value of a registered ordinary share (nominal value UAH 2) and UAH 2 per preferred share.
The authorized capital of Pivdenkabel Plant JSC is UAH 83.154 million, divided into 41 million 359 thousand 032 ordinary shares (99.5% of the capital stock) and 417 thousand 840 preferred shares (0.5% of the capital stock) with a par value of UAH 2.
Thus, it is planned to pay UAH 28.951 million in dividends on ordinary shares and UAH 0.84 million on preference shares.
The rest of the profit is planned to be retained.
According to the company, as of the beginning of 2024, its retained earnings amounted to UAH 910.55 million.
Over the past year, the plant managed to reduce its current liabilities by 5% to UAH 385 million, while long-term liabilities increased slightly to UAH 3.6 million.
The value of Pivdenkabel Plant’s assets increased by 2.3% to UAH 1 billion 886 million, including total receivables down 9.7% to UAH 147.5 million, cash down 14.6% to UAH 186.2 million, and inventories up 16% to UAH 882.9 million.
At the meeting, the shareholders plan to re-elect Volodymyr Zolotaryov as chairman of the board (CEO) for a new five-year term and to approve a seven-member board for the same term.
Pivdenkabel was founded in 1943 and offers more than 25,000 marks and sizes of products. It supplies cable products to nuclear and thermal power plants, industrial enterprises, mining and processing plants, oil fields and coal mines, subways, railways and public transport.
The company exports its products, among others, to Azerbaijan, Georgia, the Baltic States, Bulgaria, Germany, Norway, Poland, Portugal, France, Finland, and Israel.
The plant notes on its website that last year, among other things, it commissioned a 73.5 kW solar power plant, a solid fuel boiler, and a torsion machine.
According to the National Securities and Stock Market Commission (NSSMC), as of the third quarter of 2023, Cyprus-based Cable Industrial owns about 13.06% of the shares of the JSC, Pivdenkabelinvest-plus LLC owns more than 15.83%, Pivdenkabelprokat and Pivdenkabelinvest own 14.1% each. Another 9.85% is owned by Volodymyr Zolotaryov, Chairman of the Board, and 8.136% by Volodymyr Zolotaryov Jr.
The company’s beneficiaries, according to YouControl, are Volodymyr Mykhailovych and Volodymyr Volodymyrovych Zolotaryov.
According to the Clarity-project resource, in 2023, the company’s net income increased by almost 22% compared to 2022, to UAH 1 billion 968.4 million.
Shareholders of PJSC Insurance Company Nadiyna (Kyiv) at the meeting on April 17 will consider the issue of increasing the authorized capital up to UAH 32 million by conducting an additional issue of shares in the amount of UAH 17 million.
In the agenda of the meeting, published in the information disclosure system of the National Commission on Securities and Stock Market (NCSSM), it is noted that the issue will be made by increasing the nominal value of each share from UAH 1.875 thousand to UAH 4 thousand at the expense of directing to the authorized capital of the company part of the profit for 2023, namely UAH 17 million.
As reported, IC “Nadiina” in January-September 2023 has collected insurance premiums in the amount of UAH 99,575 mln, which is by 1,68% more than in the same period last year. Net premiums increased 3,01 times – up to UAH 44,430 mln, and earned premiums – 3,55 times, up to UAH 44,086 mln.
The volume of insurance payments and indemnities made by the company for the nine months of 2023 compared to the same period of 2022 has grown 3,04 times – up to UAH 5,721 mln. Thus, the level of payouts has grown by 3,83 p.p. – to 5.75%.
Profit from operating activities in January-September 2023 has grown to UAH 27,042 mln, and net profit of the insurer has increased to UAH 25,198 mln.
IC Nadijna was registered in the Unified state register of legal entities, physical persons-entrepreneurs in 2006.
Efarm Pro and Zavod Kobzarenko Ltd. have presented the demining machine “Narodnyi Deminrovshchik”, which has already passed the first successful tests at a military training ground and is now at the certification stage, First Deputy Prime Minister of Economy Yulia Sviridenko said.
“Efarm Pro and Kobzarenko Plant LLC, which are participants of our innovation bootcamp, presented the “People’s deminer”. It has already passed the first successful tests at a military training ground. The machine is currently undergoing certification,” she wrote on Facebook.
According to her information, the system implies automatic work on large areas with an accuracy of up to 2 centimeters along a given route. The prototype was developed on the basis of the Ukrainian tractor T-156, but it was fully modernized. The machine can be controlled remotely.
“This is another step towards the safety of both our people and our lands,” Sviridenko summarized.
Kobzarenko Plant was founded in 1993 as a Ukrainian-German enterprise “Fligel” (renamed to “Kobzarenko Plant” in 2008). The company started its activity with the production of wheelbarrows and carts for homesteading. Currently it is the leading Ukrainian manufacturer of tractor trailers, hoppers, tanks, fertilizer spreaders, etc. As of 2018, the plant employed 700 workers.
It has two production workshops and warehouse complexes in Sumy region, as well as a plant in Poland Kobzarenko Sp. z.o.o., which manufactures machinery and works as a service center for start-up, maintenance, debugging of machinery in Europe and Poland.
Efarm pro brand belongs to Gardarika Tres LLC (Gardarika Tres LLC) – manufacturer and distributor of agro-equipment. It specializes in the production and sale of precision farming systems. Registered in 2014 in Kiev, it has a production site in Sumy region.
