Rubizhne Cardboard and Container Plant, a private joint-stock company registered in Kyiv, whose ultimate beneficiary is its director Gennady Minin, plans to pay UAH 363.32 million in dividends from part of its undistributed profits for 2020.
The relevant issue regarding the distribution of undistributed profits and the procedure for paying dividends has been included in the agenda of the general meeting of shareholders of the company on January 5, 2026.
According to the draft decisions of the meeting, it is planned to pay dividends at the rate of UAH 25.94 per share (with a par value of UAH 1.5).
According to YouControl, RKTK’s undistributed profit in 2020 (when the plant was operating in Rubizhne, Luhansk region) amounted to UAH 2.175 billion, and its net income exceeded UAH 3 billion.
According to the National Securities and Stock Market Commission, as of the third quarter of 2025, 99.1939% of the shares are owned by Komelinco Trading Ltd, a company registered in Cyprus.
The shareholders’ meeting of PJSC “RKTK” plans to review the company’s performance for 2022-2024 and approve the reports of the management bodies, as well as approve the procedures for the distribution of profits and repayment of losses for these years.
In particular, it is planned to leave undistributed profits for 2023 in the amount of UAH 74.77 million and for 2024 in the amount of UAH 75.85 million, and to cover the loss of UAH 1 billion 816 million received in 2022 with profits from future years.
Earlier it was reported that before the full-scale invasion of Ukraine by the Russian Federation, Rubizhne CTP, together with its subsidiary Trypillya Packaging Plant, was the leading manufacturer of corrugated packaging in the country.
After the destruction caused by the full-scale invasion of Ukraine by the Russian Federation, the plant in Rubizhne was shut down (the city was subsequently occupied), and the legal entity Rubizhne KTK JSC was re-registered in Kyiv.
According to YouControl, in pre-war 2021, RKTK’s net income reached UAH 5.1 billion, with a net profit of UAH 479.5 million, but by the end of 2022, net income had fallen to almost UAH 1 billion, with losses exceeding UAH 1.8 billion.
In 2023, the English company DS Smith Ukraine Limited left the group of shareholders (previously, it and Komelinco Trading owned equal stakes of 49.5969%).
Currently, the company’s main activity is the production of corrugated paper and cardboard, as well as cardboard boxes. In 2024, the plant’s net income amounted to UAH 1.16 million.
At the same time, Trypilske PK LLC, which is almost 100% owned by Rubizhne KTK and also headed by Minin, is currently ranked second among Ukrainian manufacturers of corrugated packaging after Kyiv KPC, with a production volume of UAH 2.4 billion in January-October.
