PrJSC Salyvonkivsky Sugar Plant (Kovalivka village, Kyiv region) will conduct an additional share issue worth UAH 67 million between April 13 and May 5, 2026, the company announced in its decision on the issue in the database of the National Securities and Stock Market Commission (NSSMC).
According to the document approved by the minutes of the general meeting on March 5, 2026, the plant will place 268 million ordinary registered shares with a par value of UAH 0.25 at a price of UAH 1.49 per share. The specified placement price (UAH 1.49 per share) was set based on the report of BFC Consulting Company LLC as of January 19, 2026. The ratio of the additional issue amount to the current size of the authorized capital is 629.1%.
The company plans to use all of the funds raised, amounting to UAH 67 million, to replenish working capital, modernize production facilities, improve energy efficiency, and purchase raw materials. Raising capital through an issue has been determined to be the most optimal tool for the stable operation of the plant under current conditions.
The current majority shareholder, PSP “Agrofirma ”Svitanok,” which owns 64.3785% of the plant’s shares as of the date of the decision, has been designated as a participant in the placement without a public offering. Another 10.0059% of the authorized capital belongs to Anatoliy Zasus. The shareholders decided not to exercise their preemptive right to purchase additional shares.
As of December 31, 2025, the sugar factory had 106 full-time employees. The issuer identifies the main risks to its activities as military aggression by the Russian Federation, fluctuations in energy prices (natural gas and electricity), and possible interruptions in energy supply, which pose a threat of spoilage of raw materials during the continuous beet processing cycle.
Salivonkovsky Sugar Factory PJSC was founded in October 1996. It specializes in sugar production, growing grains, legumes, and oilseeds, as well as vegetables and root crops. Additional areas of activity include electricity generation and ready-made animal feed production.
The plant’s sugar beet processing capacity is 6.5–7 thousand tons/day, which allows it to process over 500 thousand tons of raw materials per season. On average, the factory produces 60-85 thousand tons of sugar per season. At the end of the 2024-2025 marketing year, it was among the top 10 most powerful sugar factories in Ukraine.
According to data from Opendatabot, in 2024, Salivonkovsky Sugar Plant PJSC received a net profit of UAH 6.34 million with an income of UAH 537.81 million (a decrease of 47.1% compared to 2023). Debt obligations amounted to UAH 85.74 million, while assets were valued at UAH 1.09 billion. It was predicted that in 2025, the factory would receive income in the amount of UAH 961.67 million, which is 78.8% more than in 2024.
The beneficiary of the enterprise is Andriy Zasukha. Among the shareholders with large stakes are PSP “Agrofirma ”Svitanok” (64.0029%) and Anatoliy Zasukha (10.0059%), who headed the Kyiv Regional State Administration in 1996–2005.
Through the Svitanok agricultural firm, the Zasukha family controls a number of agricultural assets in the Kyiv and Zhytomyr regions.
The authorized capital of Salyvonkivsky Sugar Plant PJSC before the decision on the additional issue is UAH 10.649 million.
