Business news from Ukraine

Business news from Ukraine

“Ukrprofzdravnitsa” to Pay 13.9 Mln UAH in Dividends for 2025

The Association of Trade Union Health and Wellness Facilities of Ukraine, PJSC “Ukrprofzdravnitsa,” will pay shareholders UAH 13.9 million in dividends by the end of October 2026 based on its 2025 performance.

As reported by the association in the NSSMC’s disclosure system, the list of persons entitled to receive dividends will be compiled on May 26.

According to the report, a total of 61.26% of the net profit earned in 2025 will be allocated to dividend payments. The dividend per share is 0.86 UAH.

The dividend payment period is from May 26 to October 24. If dividends are paid in several installments, the dates for the respective payments will be set monthly, up to the last day of the month, until the final deadline of October 24, 2026.

As reported, based on its 2025 results, PJSC “Ukrprofzdravnitsa” increased its net profit by 55% compared to 2024, reaching UAH 22.7 million.

“Ukrprofzdravnitsa” was founded by the Federation of Trade Unions of Ukraine and the Social Insurance Fund of Ukraine for Temporary Disability. It is the largest association in the country’s health resort services sector, comprising 39 health resorts and eight auxiliary enterprises. It operates 61 mineral water deposits and 13 therapeutic mud deposits.

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VUSO Insurance Company will allocate over 20 million UAH from its 2024 retained earnings for dividend payments

At a meeting on May 5, shareholders of VUSO Insurance Company (Kyiv) decided to allocate UAH 20.013 million from the remaining net retained earnings for 2024, which total UAH 98.811 million, for dividend payments.
As the company reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining portion of retained earnings for 2024, amounting to UAH 78.799 million, will remain undistributed.
It is noted that dividends will be paid at a rate of UAH 0.73 per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant resolution by the general meeting of shareholders.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Loss Settlement Agreement, and a member of the Nuclear Insurance Pool.
In 2024, the company collected UAH 3.462 billion in gross premiums, which is 29.3% more than in 2023; the company’s net premiums grew by 25.55% to UAH 3.105 billion, and net earned premiums by 15.83% to UAH 2.737 billion. It paid out UAH 1.414 billion to clients, which is 45.40% higher than the volume of insurance payments and reimbursements for 2023.
As of January 1, 2025, the insurer’s assets grew by 25.76% to UAH 1.917 billion, equity by 22.45% to UAH 755.839 million, liabilities increased by 28.01% to UAH 1.161 billion, and cash and cash equivalents by 36.09% to UAH 758.730 million.

 

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“Ukragroleasing” will allocate 75% of its 2025 net profit to dividends for state

The state-owned public joint-stock company “National Joint-Stock Company ”Ukragroleasing” will allocate 75% of its net profit for 2025 to dividend payments, the issuer reported in the NSSMC’s disclosure system, citing Order No. 811 of the State Property Fund of Ukraine (SPFU) No. 811 dated April 29, 2026.

According to the document, the total amount of annual dividends has been approved at UAH 1.58 million, which amounts to UAH 0.14 per share. The payment will be made directly to the shareholder (the state, represented by the SPFU) between April 30 and June 30, 2026. In accordance with the law, the company must transfer the funds to the budget no later than July 1.

At the same time, another provision of this order approved the reports on the remuneration of the company’s management and supervisory board for 2025.

Acting CEO Vitalii Ravliuk was awarded 1.12 million UAH in fixed compensation for the past year. His average monthly income was 93,320 UAH, which is 3.2 times higher than the company’s average salary (29,150 UAH). Deputy heads Roman Dzyuba and Ruslan Romanenko received 0.83 million UAH and 0.62 million UAH, respectively, which is 2.4 and 1.8 times higher than the average salary of regular employees.

The compensation for the four independent members of the supervisory board (Dmytro Oliinyk, Mykola Baranov, Serhiy Kabanets, Volodymyr Polishchuk) for the past year amounted to 0.88 million UAH—0.22 million UAH each. Shareholder representatives on the board did not receive any payments. During the year, there was a rotation within the board: the terms of Svitlana Pasichna and Viktoria Kozyreva were terminated, and Tetiana Mashchenko joined the board.

Management compensation was provided exclusively through base salaries, as bonuses and incentives were not awarded due to the absence of approved performance criteria (KPIs).

An analysis of the financial statements shows that total expenses for management and supervisory board compensation in 2025 amounted to 3.45 million UAH, which is 2.2 times the amount of dividends paid to the state. At the same time, the total payment to just three members of the management board (2.57 million UAH) was 1.6 times greater than the annual amount of dividends paid to the budget.

As reported, Ukragroleasing posted a net profit of UAH 2.11 million for 2025, which is 6% higher than the 2024 figure (UAH 1.99 million). Net sales revenue for the reporting period decreased by 12.9% to UAH 185.61 million. The company’s total assets at year-end increased by 3.1% to UAH 444.26 million; equity stood at UAH 409.52 million, with registered capital of UAH 1.17 billion.

UkrAgroLeasing was established in 1999; the company provides agricultural machinery and equipment under financial lease agreements. Since June 2018, 100% of the company’s shares have been in the process of privatization. According to YouControl, the holding company comprises 25 separate branches.

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“Carlsberg Ukraine” has announced dividends for 2025 totaling 50.2 mln UAH

The private joint-stock company “Carlsberg Ukraine” will pay dividends totaling 50.20 million UAH, the company reported via the National Securities and Stock Market Commission’s disclosure system.

According to the report, the decision to allocate a portion of the net profit from 2025 operations to dividend payments was made by the company’s sole shareholder on May 4, 2026. The dividend per share is UAH 0.0491. The payment will be made in euros in a single installment between May 19 and November 4, 2026. The list of persons entitled to receive the funds will be compiled as of May 15, 2026.

In its 2025 management report, the company reported that it paid over UAH 3.20 billion in taxes and fees to budgets at all levels. Total investments in production, innovation, and safety since the start of the full-scale invasion exceeded UAH 2.70 billion.

Based on the results of the reporting year, Carlsberg Ukraine holds significant market shares in key segments: cider – 54.94%, non-alcoholic beer – 41.64%, kvass – 36.05%, and alcoholic beer – 30.05%. In the energy drink market, the company’s share was 5.62%. Export destinations included 25 countries worldwide, notably Moldova, Germany, the Czech Republic, Poland, and China.

Adapting the product range to new consumer trends was accompanied by the development of an agricultural project to research a new barley variety, Null-LOX4G, in collaboration with the National University of Life and Environmental Sciences of Ukraine (NULES), aimed at improving product quality while simultaneously reducing energy consumption and CO2 emissions. In addition, in 2025, the manufacturer launched a range of innovative products, including Battery energy drinks with peach lemonade flavor and the non-alcoholic “Kvas Taras Pryany.”

Meanwhile, on April 28, 2026 (Resolution No. 3/2026), the company’s sole shareholder granted preliminary consent to enter into significant transactions over the course of one year with a total aggregate value of up to UAH 79.60 billion. These funds will be allocated to support the company’s operational activities. The largest share, up to UAH 40.0 billion (264.64% of assets), is earmarked for contracts with retail chains and distributors for the sale and promotion of products. The shareholder has approved a significant amount of funds for the purchase of packaging materials: up to UAH 8.50 billion for aluminum cans and lids, up to UAH 3.60 billion for glass bottles, and up to UAH 3.0 billion for PET preforms. Up to UAH 4.0 billion is allocated for the purchase of raw materials and other containers.

The limits also include the option to place available funds in deposits in an amount of up to UAH 8.0 billion or the equivalent in foreign currency. UAH 3.0 billion has been allocated for each of the following categories: energy costs (gas, electricity), advertising activities, and license fees. Funding for the purchase of equipment, spare parts, and repair work has been approved in the amount of up to UAH 2.0 billion, while up to UAH 1.50 billion will be allocated for transportation and freight forwarding services.

According to data from Opendatabot, by the end of 2025, the company’s revenue decreased by 2.6% compared to 2024—to 12.167 billion UAH—while net profit fell by 17.1%—to 1.807 billion UAH. At the same time, the manufacturer’s assets grew by 9.2% to UAH 15.114 billion, while debt obligations decreased by 5.7% to UAH 4.82 billion.

As reported, in April 2026, Swedish company Carlsberg Sverige AB became the new owner of 100% of the voting shares of PJSC “Carlsberg Ukraine,” having acquired the stake previously held by Baltic Beverages Invest Aktiebolag as a result of a merger.

PrJSC “Carlsberg Ukraine” is part of the Carlsberg Group and owns three breweries in Zaporizhzhia, Kyiv, and Lviv. Its brand portfolio includes “Lvivske,” Carlsberg, Kronenbourg 1664, “Kvas Taras,” Somersby, Battery, and others.

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“Alumash” May Allocate Over 72% of Its Annual Profit to Dividends

PJSC “Dniprovsky Plant ”Alumash,” a manufacturer of aluminum profiles, intends to allocate UAH 10 million of its net profit for 2025 to dividends.

According to information submitted by the company to the NSSMC’s disclosure system, this matter has been added to the agenda of the annual general meeting of shareholders scheduled for June 9 of this year.

It is proposed to distribute the profit earned from the company’s financial and operational activities in 2025, amounting to UAH 13,730,408, as follows: dividend fund – UAH 10,132,000, which constitutes 72.84% of the company’s profit earned in 2025. To retain UAH 3,729,088 in profit (27.16% of the profit earned).

It is also proposed to approve the conclusions of the audit report by the audit firm Garant-Audit LLC, draw conclusions, and approve measures based on the results of the review of the audit report.

The draft resolutions, copies of which are available at the Interfax-Ukraine agency, propose paying dividends to the company’s shareholders at a rate of UAH 6,440 per ordinary registered share of the private joint-stock company. Approve the resolution on the payment of dividends for 2025 in the total amount of UAH 10 million. The dividend payment period begins on July 1 and ends on December 8, 2026, inclusive. Dividends will be paid directly to shareholders.

PJSC “Dniprovsky Plant ”Alumash” was registered in July 1997. It manufactures aluminum profiles using Italian equipment, including general-purpose profiles and TECNO building profile systems under license from the Italian company S.L.L. SPA.

According to data from the National Securities and Stock Market Commission (NSSMC) for the fourth quarter of 2024, the company’s CEO, Oleksandr Danchenko, owns 6.5035% of the company’s shares; his father, Oleg Danchenko, owns 28.3323%; Mykhailo Senektutov holds 19.253%, Ivan Sosnovsky holds 14.295%, and Igor Levin holds 14.231%.

At the same time, the company’s 2024 report lists four individuals (without disclosing their full names) as major shareholders, holding stakes of 34.836%, 19.253%, 14.295%, and 14.231%, respectively.

The authorized capital of the private joint-stock company is UAH 19.95 million.

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“Forests of Ukraine” ranked among top three largest contributors of dividends to state budget

According to the results of 2025, the state-owned enterprise “Forests of Ukraine” ranked among the top three contributors to the state budget with UAH 5.9 billion in accrued dividends, more than four times the level of 2024 (UAH 1.3 billion), the state-owned enterprise’s press service reported on Facebook.

According to the report, the leaders in terms of accrued dividends were also JSC “NAEK ‘Energoatom’ (UAH 9.3 billion) and PJSC ”Ukrhydroenergo” (UAH 6.3 billion).

As noted with reference to the Ministry of Economy, Environment, and Agriculture of Ukraine, the growth in these figures was driven by systemic changes: the open sale of forest products, the transition to procurement through Prozorro, the divestment of non-core business areas, and cost optimization.

According to the company, in January–March 2026, the volume of timber harvesting increased to nearly 3 million cubic meters, which is 50% more compared to the same period in 2023. Net revenue for the reporting period rose by 87% to UAH 8.6 billion, while pre-tax profit increased by 273% to UAH 3 billion. The return on operations for the quarter reached 34.9%.

Tax payments by the state-owned enterprise “Forests of Ukraine” in the first quarter of 2026 increased by 166% compared to the first quarter of 2023, reaching UAH 4 billion.

As of early May 2026, the enterprise had increased timber harvesting by 560,000 cubic meters compared to last year’s figures. The state-owned enterprise’s share of the country’s total timber harvest rose from 83% to 88%.

State Enterprise “Forests of Ukraine” has now launched a modernization program to transition to mechanized timber harvesting. Last week, the first contract for the supply of harvesters from Sweden was signed. The program also includes the renewal of the firefighting equipment fleet and the operation of a modern seed center.

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