Business news from Ukraine

Business news from Ukraine

“Stalkanat” Plans to Allocate 121 Mln UAH for Dividends

9 July , 2026  

Shareholders of PrJSC “Production Association Stalkanat” (Odesa) intend to allocate 121 million 23,673 thousand UAH for dividend payments, at a rate of 0.58 UAH per share from last year’s profits.

According to the company’s filing with the National Securities and Stock Market Commission (NSSMC), the shareholders’ meeting is scheduled for July 30 of this year.

The agenda includes two items: a decision on the payment of dividends and amendments to civil law contracts concluded with members of the supervisory board.

According to the draft resolutions reviewed by the agency “Interfax-Ukraine,” the plan is, in particular, to pay dividends from a portion of the net profit for 2025 in the amount of 121,023,673.48 UAH This amounts to 0.58 UAH per share, to be paid directly to shareholders. The deadline for dividend payments is January 30, 2027.

As previously reported, at a meeting on March 12 of this year, Stalkanat’s shareholders intended to allocate 89,724,447 thousand UAH for dividend payments, calculated at 0.43 UAH per share from last year’s profit.

In 2025, Stalkanat reported a net profit of 590.809 million UAH, compared to 184.808 million UAH in 2024. Meanwhile, revenue from ordinary operations for the past year increased by 20.2% to 5 billion 334.152 million UAH.

In 2024, the company saw its net profit decline 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 4 billion 436.786 million UAH.

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

In 2023, Stalkanat saw its net profit decline by 13.8% compared to 2022—to 280.060 million UAH from 325.073 million UAH—but increased its net revenue by 3.1%, to 3 billion 328.170 million UAH.

“Stalkanat” is one of the largest manufacturers of steel ropes and rebar 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, David 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 35.472 million UAH, and the par value of each share is 0.17 UAH.

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