The combined revenue of the ten largest companies that changed their region of legal address in 2026 totaled approximately 44.1 billion UAH over two quarters, according to Experts Club’s calculations based on data from OpenDataBot.
The largest among them was Parallel-M Ltd., which imports and sells fuel and operates the Parallel gas station chain. Its revenue for the first two quarters of 2026 totaled 9.18 billion UAH. The company changed its registered address from Zaporizhzhia Oblast to Poltava Oblast.
Second place went to the Pokrovske Mining Administration, with revenue of 6.31 billion hryvnias, which re-registered from the Donetsk region to the Zaporizhzhia region.
In third place is “Podorozhnik Kyiv” with revenue of 5.22 billion UAH. The company, affiliated with the “Podorozhnik” pharmacy chain, changed its region of registration from Lviv Oblast to Kharkiv Oblast.
The combined revenue of the three largest companies totaled 20.71 billion UAH, or about 47% of the total revenue of the top ten.
The top 10 also included “Galychyna-Tabak” with revenue of 4.26 billion UAH, “STV Center” with 4.12 billion UAH, “Interbusiness” with 3.92 billion UAH, “Arion Trade” with 3.83 billion UAH, “Mars Ukraine” with 2.84 billion UAH, “Sovtrading-L” with 2.28 billion UAH, and “SK Energy Group” with 2.13 billion UAH.
The latter company was the most active in terms of the number of changes to its legal address among large businesses: over the course of three quarters, it re-registered four times between Kyiv and the Kharkiv region.
Experts Club notes that the presence of companies with revenues in the billions in the statistics shows that changing one’s legal location remains relevant not only for small and medium-sized businesses but also for large enterprises in the fuel, mining, pharmaceutical, retail, and other sectors.
However, a change of region in the Unified State Register does not necessarily mean an actual relocation of the company’s main assets or production facilities.
Source: OpenDataBot
BUSINESS, COMPANY, EXPERTS CLUB, RANKING, RELOCATION, REVENUE, UKRAINE
Kyiv leads among Ukraine’s regions in the number of active companies that have reported zero revenue for at least two consecutive years or have not filled in the corresponding field in their financial statements.
According to Opendatabot, 15,078 such companies are registered in the capital, accounting for nearly 29% of the country’s total.
In total, there are 52,202 active commercial companies in Ukraine that have filed financial statements showing zero or blank revenue for at least the last two consecutive years.
The Dnipropetrovsk region ranks second—3,998 companies, or about 8% of the total. There are 3,663 such companies registered in the Kharkiv region and 3,471 in the Odesa region.
Thus, Kyiv and the three largest regions alone account for more than half of all companies in the country that have not reported any revenue in their financial statements for a long time.
One in four companies in the studied group has been in this state for three consecutive years, and 4,600 enterprises have not reported any revenue for five years.
The most common legal form among such enterprises remains the LLC—accounting for 42,383 companies, or 81% of the sample.
According to Opendatabot’s assessment, one of the reasons for the continued existence of legally active but effectively inactive enterprises is the complexity of the liquidation procedure. In addition, some companies may have suspended operations due to the war, the loss of production capacity, or the loss of sales markets.
Source: Opendatabot
In Ukraine, 52,200 active companies have filed annual financial statements showing zero revenue—or have not reported any revenue at all—for at least two consecutive years, according to data from the Unified State Register analyzed by Opendatabot.
About a quarter of these companies have reported zero or blank revenue figures for three consecutive years, and 4,600 companies—or roughly one in eleven—have been in this situation for five years.
The largest number of companies with a long-standing lack of declared revenue is registered in Kyiv—15,078, or nearly 29% of the total.
The Dnipropetrovsk region accounts for 3,998 such companies, or about 8%; the Kharkiv region, 3,663; and the Odesa region, 3,471.
The most common sector of activity for these companies is wholesale trade. This sector accounts for 9,894 companies, or about 19% of the sample studied.
Another 5,523 companies operate in real estate, 4,279 in construction, and 3,426 in agriculture.
The majority of enterprises that have long reported no income are registered as limited liability companies—42,383 companies, or 81% of the sample. Another 7,673 are private enterprises, and 1,691 are farms.
Denis Popov, head of the legal department at Opendatabot, attributes the persistence of such a large number of these companies, in particular, to the complexity of the business liquidation process.
“One of the reasons companies remain registered for years without generating any income is the complex procedure for closing them down. To officially terminate a business, one must settle obligations to creditors and the government and complete the required procedures, which takes time and money,” he noted.
According to him, zero revenue does not necessarily mean that operations have actually ceased. Some businesses may have temporarily suspended operations due to full-scale war, the loss of production capacity, employees, or sales markets.
The analysis included active commercial companies of various legal forms that had filed financial statements with zero or blank revenue for at least the last two consecutive years. Nonprofit organizations were not included in the study.
Source: Opendatabot
According to Experts.news, more than 551,000 companies registered in Ukraine have at least one signatory in addition to the CEO, and the total number of such authorized persons has exceeded 603,000, according to data from the Unified State Register analyzed by Opendatabot.
According to an Opendatabot study published on September 21, 2026, 551,328 companies—or 38% of all registered companies in Ukraine—have an additional signatory. Another 897,893 companies—or 62%—do not have such representatives. Thus, the total database used for the calculation comprises approximately 1.45 million companies.
As of September, there were 603,304 signatories listed in the Unified State Register. In some cases, a single individual has the right to represent several legal entities at once. The record-holder among signatories currently represents 246 companies.
A signatory is a person authorized to perform certain legally significant actions on behalf of a company. Specifically, this includes signing contracts, submitting documents for state registration, and other actions provided for by the powers granted to them.
However, the mere fact that a person is listed in the registry as a signatory does not imply unlimited authority. The Unified State Register may separately specify permitted transactions, restrictions, maximum contract amounts, and other conditions of representation. Therefore, when verifying a counterparty, it is important to assess not only the presence of a signatory but also the specific scope of their rights.
According to Opendatabot’s assessment, the institution of additional signatories has taken on particular practical significance since the start of the full-scale war. Mobilization, communication disruptions, shelling, executives being abroad, or other circumstances may temporarily hinder a director’s ability to perform their duties.
Having another authorized representative allows a company to avoid concentrating all operational processes on a single executive and to continue entering into contracts, completing registration procedures, and performing other actions necessary for business operations.
At the same time, the significant number of companies that a single person may represent increases the importance of verifying such individuals when entering into agreements. It is advisable for a counterparty to verify the validity of a representative’s authority, any restrictions regarding the amount or type of contract, and whether there have been any changes in the Unified State Register.
You can verify the signatories of a specific company and the scope of their registered powers through services that use open data from the Unified State Register.
BUSINESS, COMPANY, signatory, Unified State Register, Опендатабот
According to Experts.news, DLS became the largest company in Ukraine’s tobacco sector by revenue in the first half of 2026, generating 61.08 billion UAH, according to data from OpenDataBot.
The company is part of the DL Solution financial and industrial group.
Philip Morris Sales and Distribution took second place with revenue of 32.15 billion UAH, while JT International Company Ukraine came in third with 23.6 billion UAH. The company represents brands such as Winston, Camel, Sobranie, LD, Monte Carlo, and Winchester on the Ukrainian market.
In fourth place is British American Tobacco Sales and Marketing Ukraine, with revenue of 19.94 billion UAH. The company works with brands such as Kent, Dunhill, glo, Vuse, and Velo.
Rounding out the top five is the distributor Global Tobacco, which generated 11.69 billion UAH in revenue.
The top ten also includes DK “Mirana” — 10.65 billion UAH, Imperial Brands Ukraine—10 billion UAH, JT International Ukraine—4.96 billion UAH, Philip Morris Ukraine—4.41 billion UAH, and Halychyna-Tabak—4.26 billion UAH.
The combined revenue of the ten largest companies reached approximately 182.7 billion UAH, accounting for about 92% of the total revenue of the companies included in OpenDataBot’s comparative sample.
At the same time, the five largest companies alone accounted for about 148.5 billion UAH, or approximately three-quarters of the combined revenue of the analyzed companies.
In total, 41 tobacco companies that filed financial reports for both the first half of 2025 and for 2026 generated 198.18 billion UAH in revenue, which is 10% more than in the previous year.
Source: OpenDataBot.
As of September 2026, 1,101 active tobacco industry companies were registered in Ukraine, according to data from the Unified State Register cited by Opendatabot.
During the first eight months of 2026, 39 new companies were registered, while eight enterprises ceased operations. Thus, the net increase amounted to 31 companies.
During the same period last year, the number of companies increased by 35.
Despite the continued growth, the current pace remains significantly below the pre-war level. In 2021, the net increase in the number of enterprises in the tobacco sector amounted to 82 companies.
The industry’s financial indicators also demonstrate growth in turnover. The 41 companies that provided comparable financial statements for the first half of 2025 and 2026 increased their combined revenue by 10% to UAH 198.18 billion.
At the same time, net profit decreased by 8% and amounted to UAH 6.5 billion.
Meanwhile, the share of profitable enterprises increased. In the first half of 2026, 29 out of 41 companies, or 71%, reported a positive financial result, compared with 63% a year earlier.
In total, 50 companies in the industry submitted financial statements for the first half of the current year. A year earlier, there were 13 more such enterprises.
Source: Opendatabot.
