Business news from Ukraine

Business news from Ukraine

AB Stolichny asphalt concrete plant to pay shareholders more than UAH 20 million in dividends

Shareholders of PJSC AB Stolichny Asphalt Concrete Plant (Kyiv) have decided to pay dividends in the amount of UAH 21.5 million. According to the company’s disclosure in the information disclosure system of the National Securities and Stock Market Commission of Ukraine (NSSMC), dividends will be paid in full through the depository system from November 13 to December 30, 2025, inclusive. The dividend per share is UAH 0.3.

According to the company, its net profit in 2024 amounted to UAH 1.7 million, compared to UAH 32.2 million in the previous year. At the same time, the company’s revenue grew by 42.5% and reached UAH 403.4 million.

According to information in the Opendatabot system, in the first quarter of 2025, AB Stolichny received UAH 66.8 million in revenue and UAH 7.1 million in net losses.

The shareholders of AB Stolichny are TAS Asset Management LLC (77.3%) and Sergey Tigipko (22.6%), according to the company’s report in the NSSMC system.

AB Stolichny was established in 2004 on the basis of the Reinforced Concrete and Concrete Products Plant (until 1997, the Concrete Products Plant). It specializes in the production of asphalt concrete mix for construction and major repairs of roads, and also produces reinforced concrete structures for underground passages, collectors, and other engineering and communication facilities for road construction.