Business news from Ukraine

Business news from Ukraine

UIAK has begun issuing bonds totaling 50 million UAH at 25% per annum

According to Fixygen, Ukrainian Investment and Analytical Company LLC (UIAK, TM PlanetAvto), a member of the non-bank financial group “PLANETGROUP,” began the initial offering of its debut Series A corporate bond issue totaling 50 million UAH on August 25.

Under the terms of the issue, investors are being offered 50,000 bonds with a par value of 1,000 UAH each. The interest rate for the first four interest periods—that is, the first year of circulation—is set at 25% per annum in UAH, with the coupon paid quarterly.

The initial offering will run from August 25 to September 8, 2026. The total term of the bonds is five years, with an annual offer allowing holders to present the securities to the issuer for redemption at par value.

After the first four interest periods, the rate will be determined in accordance with the terms of the prospectus and may range from 5% to 35% per annum.

The investment firm “UNIVER Capital” is acting as the organizer and underwriter of the offering. Individuals and legal entities may submit applications to purchase bonds via the UNIVER app or the investor’s account. Settlements during the initial offering are conducted on a DvP (“delivery versus payment”) basis.

Following the completion of the initial offering, “UNIVER Capital” plans to maintain two-way quotes for the bonds on the secondary market.

UIAC states that it plans to allocate 100% of the funds raised toward expanding its automotive financial leasing portfolio. The company has been operating in the market since 2013 and holds a license to provide financial leasing services.

As reported by Open4Business, in 2025, UIAK’s revenue grew nearly 2.9-fold—to 40.68 million UAH, with net income totaling approximately 3.02 million UAH. According to the offering prospectus, the company forecasts revenue of 50 million UAH and net income of approximately 5 million UAH for 2026.

According to data provided by the group, UIAK’s assets as of the end of 2025 totaled approximately 27.2 million UAH, and its equity was approximately 21 million UAH.

The company’s main areas of activity are financial leasing and automobile sales. UIAK is integrated into the infrastructure of the PlanetAvto automotive marketplace.

Andriy Kovtun and Tetiana Yagupova are co-owners of the company on an equal basis. Kovtun is also the controlling shareholder of the non-bank financial group “PLANETGROUP.”

The group is simultaneously developing its fundraising efforts through the corporate bond market and other participants in the ecosystem. In August, Avtokredit Plus LLC (PlanetAvto) began placing Series C bonds totaling 100 million UAH with an interest rate of 24% per annum for the first four interest periods. The proceeds from this issuance are also being directed toward the development of auto financial leasing.

Thus, the total volume of the two current bond programs of PlanetAvto Group companies amounts to 150 million UAH.

Open4Business previously reported on August 17, 2026, that UIAK had registered its debut five-year bond issue worth 50 million UAH.

https://www.fixygen.ua/news/20260827/uiak-rozpochala-rozmishchennya-obligatsiy-na-sumu-50-mln-grn-pid-25-richnih.html

 

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PlanetAvto Is Issuing 100 Mln Hryvnia in Bonds at Annual Interest Rate of 24%

The Ukrainian leasing company Avtokredit Plus LLC, operating under the PlanetAvto brand, launched an initial offering of Series C corporate bonds totaling 100 million UAH on August 17, according to company materials and the PFTS stock exchange.

The issue consists of 100,000 registered, interest-bearing, unsecured bonds with a par value of 1,000 UAH each. The initial offering is taking place through the PFTS from August 17 to August 31, 2026. The investment company “UNIVER Capital” is acting as the organizer and underwriter.
The coupon rate for the first four interest periods is set at 24% per annum in hryvnia, with interest payments made quarterly. For subsequent periods, the prospectus provides for the possibility of setting the rate within a range of 5–35% per annum, in accordance with the terms of the issue.

The maturity date of the bonds is set for August 11, 2031. The terms of the issue also provide for mandatory periodic redemptions by the issuer, giving bondholders the opportunity to exit their investment prior to final maturity in accordance with the dates specified in the prospectus.
The company plans to use the proceeds to expand its auto finance leasing programs in Ukraine. On its website, PlanetAvto notes that 100% of the proceeds from the offering are earmarked for these purposes.

This is the company’s third corporate bond issue. In 2018, “Avtokredit Plus” issued Series A bonds worth 50 million UAH, and in 2021, Series B bonds worth 100 million UAH. According to the issuer, both previous issues were redeemed on time and in full.
As of the end of 2025, Avtokredit Plus’s equity stood at 74.9 million UAH, total assets at 132.2 million UAH, and net income at 4.3 million UAH.

Following the completion of the initial public offering and the registration of the issuance report with the National Securities and Stock Market Commission, the company plans to list the bonds on the secondary market.
“Autocredit Plus” was registered in Dnipro in 2006 and specializes in financial leasing, the sale, and financing of automobiles. The company’s primary business activity is financial leasing.

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MARKET OF NEW COMMERCIAL VEHICLES IN UKRAINE UP

Initial registrations of new commercial vehicles (including trucks) in Ukraine in October increased by 11% compared to the same month of 2019 – up to 1,250 units, but compared to September this year they decreased by 7.4%, Ukrautoprom reports.
According to the association, more than a quarter of this segment of the car market in October was covered by the Renault brand, whose sales grew by almost 40% by October-209 – up to 353 cars. The second line of the ranking, as in October 2019, is occupied by Fiat with 135 registrations, which is 1.5% more than last year. Citroen has the third result (against the eighth a year earlier) with 105 registrations, or 69% more.
The fourth position of the rating is taken by two brands MAZ (-5%) and Peugeot (-11%) with 80 new cars each. Ford closes the top five with a 23% increase in sales – up to 79 new commercial vehicles.
Taking into account the October figures, 8,965 new commercial vehicles were registered in Ukraine in January-October 2020, which is 9% less than in the same period last year.

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STATE AUTOMOBILE ROADS AGENCY OF UKRAINE REPAIRS ROADS IN 23 REGIONS

As of Tuesday, June 23, road construction is carried out on 3,000 kilometers of Ukrainian roads, namely, some 224 objects in 23 regions of Ukraine.
The State Automobile Roads Agency of Ukraine (Ukravtodor) said on its Telegram channel on Tuesday that more than 500 kilometers of roads are currently being commissioned.
Ukravtodor said that in 2020, under the Big Construction project, it is planned to repair 4,200 kilometers of public roads. The total budget is UAH 90.2 billion.
“Currently, construction works are being carried out on 2,816 kilometers of roads through financing from the Road Fund, the national budget and loans. Construction works on 189 kilometers are being continued at the expense of international financial institutions. In addition, tender procedures have been announced for repairing 1,413 kilometers of roads, we are awaiting the conclusion of the main number of contracts in the coming weeks,” the agency said.

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GERMAN-JAPANESE ENGINEERING COMPANY SUMITOMO ELECTRIC BORDNETZE WILL OPEN ONE MORE AUTOMOBILE WIRING PLANT IN UKRAINE

The German-Japanese engineering company Sumitomo Electric Bordnetze (SEBN) plans in two months to open the first stage of a plant for production of automotive electrical wiring in the premises of Khmelnytsky Mechanical Plant purchased by the investor. According to the website of Khmelnytsky Regional State Administration, today some of the premises have been repaired, there is already the management of the plant, employees are being hired. According to SEBN representatives, it is planned by the end of the year to create 500 new jobs, and with the expansion of production their number will grow to 2,000 people.
“PrJSC Khmelnytsky Mechanical Plant was included in the list of debtors, but with the assistance of local authorities it became possible to resolve the issues and sign an amicable agreement, which contributed to the rapid purchase of the object by Sumitomo Electric Bordnetze,” the report says.
As reported, Sumitomo Electric Bordnetze, the cable network manufacturer for Volkswagen Concern, opened the first Sumitomo Electric Bordnetze-Ukraine plant in the village of Baikivtsi in Ternopil region (the number of employees is 4,400) in 2006.

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