Meridian named after Korolyov (Kyiv), a subsidiary of the state-owned Ukroboronprom concern, plans to allocate 30% of its net profit of UAH 11.15 million for dividend payments based on its 2025 financial results.
This draft resolution on the payment of dividends is included in the agenda for the general meeting of shareholders, scheduled for April 23, which was published in the NSSMC’s disclosure system. The remaining 70% of net profit is planned to be retained by the company.
Dividends are planned to be paid by July 1 of this year at a rate of 3.32 UAH per share with a par value of 0.5 UAH.
As reported, in 2024 the company’s net profit amounted to 11 million UAH, and the company planned to allocate 30% or 70% of net profit to dividends. Information regarding the decision is currently unavailable.
According to the NSSMC, as of the fourth quarter of 2025, the state, represented by the Ukroboronprom concern, owns 50%+1 share of OJSC “Meridian named after Korolyov,” while another 40.0753% is held by Meridian Soyuz LLC, whose ultimate beneficiary, according to YouControl, is Vadym Hryb—the owner of the investment company TekT.
Shareholders at the meeting also plan to change the company’s name from an open joint-stock company (OJSC) to a joint-stock company (JSC) and to re-elect the supervisory board, terminating the powers of the previous six-member board.
In addition, the agenda includes the resignation of the chairman of the board, Vyacheslav Protsenko.
“Meridian named after Korolev” is a diversified enterprise founded in 1953 that specializes in the development and mass production of electronic devices for various purposes, including radio measurement instruments: frequency meters, spectrum analyzers, and generators.
The company also performs electrogalvanizing, laser cutting of metals, and plastic molding.
PJSC “Ukrainian Bacon” (Kostiantynivka, Donetsk Oblast) reported losses for 2025, which it plans to cover using future profits, the company announced in the disclosure system of the National Securities and Stock Market Commission (NSSMC).
The draft resolution of the general meeting of shareholders, scheduled for April 30, 2026, provides for the waiver of the accrual and payment of dividends for the past year.
Shareholders are being asked to approve the director’s report on the results of operations in 2025, recognizing them as satisfactory, as well as to approve measures to improve the company’s financial condition.
Achieving profitability has been identified as the priority for 2026.
In addition, the agenda includes a motion to remove Maksym Pysarev and Dmytro Makhota from the Unified State Register (USR) as persons authorized to act on behalf of the company without a power of attorney.
According to data from the OpenDataBot service, the revenue of PJSC “Ukrainian Bacon” in 2025 fell by 79.5% compared to the previous year—to 95.84 million UAH. The net loss amounted to UAH 107.39 million, compared to a profit of UAH 147.11 million in 2024. Thus, the negative trend in net income reached 173% (a decrease of UAH 254.5 million). The value of assets decreased by 45% to UAH 568.09 million, while total liabilities decreased by 33.3% to UAH 713.3 million. The company’s authorized capital is UAH 1.0005 million.
PJSC “Ukrainian Bacon” was founded in 2008. It produces meat products under the “Bashchynsky” and ‘Europroduct’ trademarks, as well as under the “Nasha Ryaba” brand and a number of private labels (“Auchan,” METRO, etc.).
Since October 2021, the company has been part of Yuriy Kosyuk’s MHP agricultural holding. Previously, the owner was PJSC “Myronivsky Hliboproduct.” During this period, there was a change in leadership from long-time director Mykhailo Bashchynskyi to Olena Reznik, and later to Dmytro Makhota. Since November 2025, Oleksii Nosov has held the position of director.
Production facilities are located in the Kramatorsk district of Donetsk Oblast. Due to military operations, the plant’s operations have effectively ceased: while the workforce numbered over 1,900 people in 2021, by the end of 2025, the number of employees had dropped to 2.
The shareholders of the insurance company “Busin” (Kyiv) will allocate UAH 10.075 million from the net profit for 2025 for the payment of dividends.
As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), this decision was adopted by the shareholders’ meeting on March 27, 2026.
It is noted that dividends will be paid in proportion to the number of common shares held by shareholders at a rate of 41.29 UAH per common share via non-cash transfer.
As reported, based on the results of 2023, the shareholders of IC “Busin” allocated UAH 15.999 million for dividend payments; in 2022—UAH 13.6 million; in 2021—UAH 11.4 million; and in 2020—UAH 16 million.
In March 2021, the insurer’s shareholders, Larisa Nepochatova and Alexey Ovchinnikov, reduced their shareholdings from 49.9% to 25%. For their part, Denis Ovchinnikov and Ivan Ovchinnikov increased their shareholdings from 0.009% to 12.495%, and Alexander Nepochatov from 0.009% to 24.99%.
Insurance Company “Busin” was registered in February 1993. It specializes in risk insurance. It is a member of a number of professional and industry associations—the League of Insurance Organizations of Ukraine, the Insurance Claims Club, the International Association of Aviation Insurers (UA), the Nuclear Insurance Pool, the American Chamber of Commerce in Ukraine, and the British Business Club.
PJSC Keramprom (Artemivka village, Donetsk region), which is engaged in clay mining in the Donetsk region, reported a net profit of UAH 8,102,607 for 2025, compared to UAH 33,457,947 in 2024.
According to the company’s announcement in the NSSMC’s information disclosure system regarding the remote holding of the general meeting of shareholders on April 29, there are 10 items on the agenda.
In particular, the plan is to review the report of the supervisory board and the company’s CEO for 2025, the auditor’s conclusions, and to adopt the relevant decisions. In addition, the meeting will approve the results of financial and economic activities, the annual report for the past year, and the distribution of profits. Furthermore, preliminary consent will be sought for the company to enter into significant transactions.
Draft resolutions, copies of which are available at the Interfax-Ukraine agency, propose distributing the net profit for 2025 in the amount of 8,102,607 thousand UAH as follows: 980,490 thousand UAH to be allocated for dividend payments, and 7,122,117 thousand UAH to be retained as undistributed profit. In addition, a portion of the company’s undistributed profit for 2015–2024 in the amount of 80,719,914 thousand UAH is to be allocated for dividend payments.
To pay dividends totaling 81,700,404 thousand UAH, approving the dividend amount per one ordinary registered share of the company at 260.17 UAH. Dividends are to be paid directly to shareholders no later than November 4, 2026.
As reported, Keramprom posted a net profit of UAH 33,457,947 for 2024, which is 10.93 times higher than in 2023 (UAH 3,059,435).
PJSC “Keramprom” (Artemivka village, Donetsk region) was established in 1997 and is engaged in clay mining. The company’s production capacity is up to 300,000 tons per year. According to information on the company’s website, the company is currently developing the “Chilne” deposit of white refractory clays in the Kostyantynivka district of Donetsk Oblast.
According to the State Registration Service data for the fourth quarter of 2025, the shares of the company are owned by Valery, Igor, and Boris Bevzenko (49.8708%, 30.2515%, and 8.9999%, respectively), and Anatoly and Larisa Popov (5.1757% each).
The authorized capital of PJSC “Keramprom” is UAH 25.75 million.
Shareholders of VUSO Insurance Company (Kyiv) plan to approve a resolution at the meeting scheduled for April 29 to allocate UAH 20.013 million from the remaining net undistributed profit for 2024, which totals UAH 98.811 million, for the payment of dividends.
As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining undistributed profit for 2024 in the amount of UAH 78.799 million will remain undistributed.
The meeting agenda states 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.
In addition, the shareholders plan to approve the results of financial and economic activities (annual financial statements) for 2025. And to leave the profit earned by the company in 2025 undistributed.
As reported, at a meeting held from December 4 to 9, 2025, the shareholders of IC “VUSO” decided to allocate UAH 20.013 million of the confirmed undistributed profit for 2024, amounting to UAH 118.824 million, for the payment of dividends. The remaining profit for 2024, amounting to 98.811 million, is to be retained.
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 increased 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 increased 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,
cash and cash equivalents—by 36.09%, to UAH 758.730 million.
PJSC “Electrometallurgical Plant ”Dniprospetsstal” (Zaporizhzhia) reported a net loss for 2025, as it did in 2024; the amount of the loss has not been disclosed.
According to the company’s announcement in the NSSMC’s information disclosure system regarding the remote general meeting of shareholders to be held on April 29, the agenda includes 11 items. In particular, the meeting is scheduled to review the reports of the company’s supervisory board and auditor for 2025, approve the results of financial and operational activities for the past year, and determine the procedure for covering losses.
In addition, the agenda includes reviewing the management board’s report on the consequences of the reduction in the company’s equity, reviewing and approving measures to be taken to improve the financial condition, and appointing an audit firm to conduct the mandatory audit of the financial statements. A decision is to be made on amending the company’s charter and approving agreements concluded by the company with Oschadbank JSC and OTP Bank JSC during 2025.
The draft resolutions, copies of which are available at the Interfax-Ukraine agency, propose to approve the results of the company’s financial and economic activities for 2025. Due to the absence of net profit, no dividends shall be declared and no contributions to the reserve fund shall be made. Losses shall be covered by profits from future periods.
In accordance with the recommendations of the company’s supervisory board audit committee, it is proposed to appoint Crow Erfolg Ukraine LLC as the audit firm to conduct the mandatory audit of the company’s financial statements for 2026.
As reported, Dniprospetsstal reduced its net loss by 25.3% in the first nine months of 2025 compared to the same period last year—to UAH 246.728 million; net revenue for this period increased by 0.8%—to UAH 4.245881 billion. Uncovered losses as of the end of September 2025 amounted to UAH 6.079011 billion. During the period, the plant reduced steel production by 40% compared to the same period last year—to 164,491 thousand tons from 272,622 thousand tons.
According to the annual report, based on the results of 2024, the plant reduced its net loss by 38.7% compared to 2023 — to UAH 582.427 million from UAH 950.510 million (the consolidated loss in 2024 amounted to UAH 588.606 million compared to UAH 950.664 million the previous year). At the same time, net revenue increased by 26.5%, to UAH 5.686039 billion from UAH 4.496158 billion. The accumulated loss as of the end of 2024 amounted to UAH 6.011880 billion.
In 2024, the plant produced 95,000 tons of steel (an increase of 20.8% compared to the previous year) and manufactured 71,400 tons of rolled steel (an increase of 30.8%).
The report noted that the majority of the group’s fixed assets (approximately 80%) are pledged as collateral. The group has a significant share of overdue loans and payments on accrued interest and is partially in breach of the financial covenants set forth in the loan agreements. As of the date of signing the report, the process of restructuring the loan agreements has not been completed. Some of the group’s real estate and land plots are also under seizure.
As of December 31, 2024, the Group’s net assets had a negative value of UAH 3,180,739 million (as of December 31, 2023, they amounted to UAH 2,537,876 million) and constitute less than 50% of the registered share capital. In addition, net assets in 2024 decreased by more than 25% compared to December 31, 2023.
These matters, events, or conditions, together with other matters, indicate that there is significant uncertainty that may cast significant doubt on the company’s ability to continue as a going concern, the report states.
The company temporarily suspended its own production from February to May 2022. At the end of May 2022, the company resumed production activities.
“Dniprospetsstal” is Ukraine’s sole producer of long products and forgings made from special steel grades: stainless, tool, high-speed, bearing, structural, as well as heat-resistant nickel-based alloys.
According to the National Securities and Stock Market Commission (NSSMC) data for the fourth quarter of 2025, its shares are held by Wenox Holdings Ltd. – 47.1128%, Boundryco Ltd. – 11.0131%, Gazaro Ltd. – 16.5197%, Crascoda Holdings – 6.6826%, and Middleprime Limited – 9.7901% (all based in Cyprus).
It was previously reported that in May 2008, the international investment and consulting group EastOne sold its approximately 30% stake in Dniprospetsstal, which had previously been held under the group’s mandate. Meanwhile, the plant’s new shareholders are linked to VS Energy International, whose beneficiaries include several Russian entrepreneurs.
The authorized capital of the private joint-stock company is UAH 49.720 million.
