Business news from Ukraine

Business news from Ukraine

Odessa-based Stalkanat to pay over UAH 89 mln in dividends based on 2025 results

Shareholders of PJSC “Production Association ”Stalkanat” (Odessa) intend to summarize the results of work in 2025 and allocate UAH 89,724,447 thousand for the payment of dividends at the rate of UAH 0.43 per share from the share of profit for the past year.

According to the company’s report in the NSSMC’s information disclosure system, the annual shareholders’ meeting is scheduled for March 12 of this year.

There are nine items on the agenda, including, in particular, consideration of the company’s CEO’s report on financial and economic activities for 2025, determination of the main areas of activity in 2026, consideration of the supervisory board’s report for the past year, review of the auditor’s conclusions, approval of the results of financial and economic activities for 2025, and a decision on the distribution of the company’s profits. A decision on the payment of dividends and a decision on the preliminary approval of significant transactions are planned.

According to the draft decisions reviewed by Interfax-Ukraine, it is planned to approve the results of the company’s financial and economic activities for 2025 and approve the procedure for distributing profits: UAH 89,724,447.58 to be used to pay dividends at a rate of UAH 0.43 per share by direct payment to shareholders; the dividend payment date is September 12, 2026.

The remaining profit will be left as undistributed profit, with the amount of profit for 2025 not specified.

In addition, shareholders plan to pre-approve the company’s significant transactions with Raiffeisen Bank JSC. The maximum total value of pre-approved transactions may not exceed the equivalent of UAH 1.2 billion, and the term of such obligations may not exceed May 1, 2031.

It is planned to approve significant transactions, namely to agree to increase the amount of contracts for the purchase of metal products from UAH 1 billion to UAH 1.5 billion. At the same time, the conclusion of relevant contracts and additional agreements will be confirmed.

As reported, Stalkanat increased its net profit by 4.5 times in the first nine months of 2025 compared to the same period in 2024, from UAH 113.016 million to UAH 504.626 million. During this period, the company increased its net income by 26.5% to UAH 4 billion 33.007 million. Retained earnings at the end of September 2025 amounted to UAH 791.920 million.

In 2024, the company reduced its net profit by 34% compared to the previous year, from UAH 280.060 million to UAH 184.808 million. At the same time, it increased its net income by 33.3%, to UAH 4 billion 436.786 million.

The average number of employees in 2024 was 1,056 thousand people, and the average income per employee was UAH 34,632 thousand.

In 2023, Stalkanat reduced its net profit by 13.8% compared to 2022, from UAH 325.073 million to UAH 280.060 million, but increased its net income by 3.1% to UAH 3 billion 328.170 million.

Stalkanat is one of the largest manufacturers of steel ropes and reinforcement strands in Eastern Europe and a leader in the production of metal products in Ukraine.

According to the NDU for the fourth quarter of 2025, David Nemirovsky owns 50% of the shares, while Anton Mikhalenko (non-resident) and Maria Kondratyuk each own 24.9%.

The authorized capital of PJSC Stalkanat is UAH 17.736 million, with a share par value of UAH 0.17.

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Over UAH 300 mln will be allocated for dividend payment at MetLife

The shareholders’ meeting of MetLife PJSC (Kiev) on December 17, 2025 decided to pay dividends in the amount of UAH 313.714 million (per share – UAH 38.1), the insurer reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).

According to the disclosed data, the payment will be made in U.S. dollars, taking into account the restrictions set by the National Bank of Ukraine (NBU) regarding the transfer of foreign currency abroad by residents in favor of a foreign investor/non-resident for the payment of dividends, starting from January 6, 2026 to June 17, 2026.

As reported, MetLife shareholders on May 28, 2025 decided to pay dividends in the amount of UAH 270.486 million (per share – UAH 32.85). The payment will be made from July 1, 2025 to January 1, 2026.

PJSC MetLife is a part of the leading global corporation MetLife. The company has been operating in Ukraine since 2002. It is the leader of the Ukrainian life insurance market. The main lines of business are accumulative life insurance, accident and critical illness insurance, corporate insurance and bancassurance.

 

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MetLife to pay shareholders UAH 313.7 mln in dividends

Shareholders’ meeting of MetLife (Kyiv) On 17 December 2025, a decision was made to pay dividends in the amount of UAH 313.714 million (UAH 38.1 per share), the insurer reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).

According to the published data, the payment will be made in US dollars, subject to the restrictions imposed by the National Bank of Ukraine (NBU) on the transfer of foreign currency abroad by residents to foreign investors/non-residents for the payment of dividends, from 6 January 2026 to 17 June 2026.

As reported, on 28 May 2025, MetLife shareholders approved a decision to pay dividends in the amount of UAH 270.486 million (UAH 32.85 per share). The payment will be made from 1 July 2025 to 1 January 2026.

MetLife PJSC is part of the leading global corporation MetLife. The company has been operating in Ukraine since 2002. It is the leader in the Ukrainian life insurance market.

Its main areas of business are endowment life insurance, accident and critical illness insurance, corporate insurance, and bancassurance.

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S1 REIT paid out its first mln in dividends

Standard One’s investment vehicle, S1 REIT, has paid out its first million in dividends, according to the fund’s press service.

It is specified that the total amount of dividends received by investors of the S1 VDNG fund for the period from April to December 2025 reached almost 1.026 million, which after taxes amounted to UAH 914.8 thousand.

“The example of S1 REIT proves that the residential rental sector in Kyiv is very profitable. High profitability is maintained even in conditions of transparent operation, without the use of ”gray” schemes to optimize tax pressure. Thanks to our work, we not only ensured timely dividend payments to investors, but also replenished the state budget by more than UAH 71 thousand and paid almost UAH 40 thousand in military tax,” said Viktor Boichuk, commercial director of S1 REIT, whose words are quoted in the report.

Starting in September 2025, dividends will be paid to investors in the S1 VDNG fund on a monthly basis. The amount of accruals depends on the fund’s performance over the previous period. The indicators are based on actual rental income from the real estate owned by the fund and reflect the stable performance of the asset in market conditions. Thus, according to the results of November, the annualized return for investors reached 9.1% in dollar terms, which is higher than the planned return of 8.2% in currency.

As reported, in April this year, Kyiv-based developer Standard One, which specializes in Build-to-Rent projects, announced the launch of a new product – S1 REIT. This is an investment tool that allows you to become a co-owner of square meters in S1’s profitable buildings without having to personally manage the assets. Currently, S1 REIT has two open-ended funds: S1 VDNG and S1 Obolon. The assets of the S1 VDNG fund are apartments in the profitable S1 VDNG building in Kyiv. The building has been in operation since 2019. According to estimates by the developer Standard One, the occupancy rate of the property by tenants reaches 99%.

Standard One (S1) is a full-cycle development company that has been developing the build-to-rent real estate segment in Kyiv since 2016. Its portfolio includes the completed S1 VDNG project and the new S1 Obolon, S1 Terminal, S1 Nyvky, and S1 Poznyaki buildings.

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Rubizhne Cardboard Mill plans to pay dividends in excess of UAH 360 mln

Rubizhne Cardboard and Container Plant, a private joint-stock company registered in Kyiv, whose ultimate beneficiary is its director Gennady Minin, plans to pay UAH 363.32 million in dividends from part of its undistributed profits for 2020.

The relevant issue regarding the distribution of undistributed profits and the procedure for paying dividends has been included in the agenda of the general meeting of shareholders of the company on January 5, 2026.

According to the draft decisions of the meeting, it is planned to pay dividends at the rate of UAH 25.94 per share (with a par value of UAH 1.5).

According to YouControl, RKTK’s undistributed profit in 2020 (when the plant was operating in Rubizhne, Luhansk region) amounted to UAH 2.175 billion, and its net income exceeded UAH 3 billion.

According to the National Securities and Stock Market Commission, as of the third quarter of 2025, 99.1939% of the shares are owned by Komelinco Trading Ltd, a company registered in Cyprus.

The shareholders’ meeting of PJSC “RKTK” plans to review the company’s performance for 2022-2024 and approve the reports of the management bodies, as well as approve the procedures for the distribution of profits and repayment of losses for these years.

In particular, it is planned to leave undistributed profits for 2023 in the amount of UAH 74.77 million and for 2024 in the amount of UAH 75.85 million, and to cover the loss of UAH 1 billion 816 million received in 2022 with profits from future years.

Earlier it was reported that before the full-scale invasion of Ukraine by the Russian Federation, Rubizhne CTP, together with its subsidiary Trypillya Packaging Plant, was the leading manufacturer of corrugated packaging in the country.

After the destruction caused by the full-scale invasion of Ukraine by the Russian Federation, the plant in Rubizhne was shut down (the city was subsequently occupied), and the legal entity Rubizhne KTK JSC was re-registered in Kyiv.

According to YouControl, in pre-war 2021, RKTK’s net income reached UAH 5.1 billion, with a net profit of UAH 479.5 million, but by the end of 2022, net income had fallen to almost UAH 1 billion, with losses exceeding UAH 1.8 billion.

In 2023, the English company DS Smith Ukraine Limited left the group of shareholders (previously, it and Komelinco Trading owned equal stakes of 49.5969%).

Currently, the company’s main activity is the production of corrugated paper and cardboard, as well as cardboard boxes. In 2024, the plant’s net income amounted to UAH 1.16 million.

At the same time, Trypilske PK LLC, which is almost 100% owned by Rubizhne KTK and also headed by Minin, is currently ranked second among Ukrainian manufacturers of corrugated packaging after Kyiv KPC, with a production volume of UAH 2.4 billion in January-October.

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Podillya PJSC will pay UAH 600 mln in dividends for first three quarters of 2025

PrJSC “Food Company ‘Podillya’”, which is part of the “Ukrprominvest-Agro” (UPI AGRO) group of companies, will allocate part of its undistributed profit in the amount of UAH 600 million to pay dividends based on its performance for the first three quarters of 2025.

According to a report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the sole shareholder of Ukrprominvest-Agro has decided to carry out a partial distribution and payment of dividends from the company’s undistributed net profit for the first three quarters of 2025 in the amount of UAH 600 million, calculated at UAH 60,000 per ordinary share.

The shareholder ordered to compile a list of persons entitled to receive dividends by October 28, 2025, and to pay dividends directly to them within 6 months from the date of the decision, i.e., by April 30, 2026.
The NSSMC also announced that, by decision of the sole shareholder for 2023, shareholders of PJSC “Food Company ”Podillya” will be paid UAH 600 million in dividends based on the calculation for 2023.

PrJSC “Food Company ‘Podillya’ is part of the agricultural holding ”Ukrprominvest-Agro.” The company owns a land bank of 51,000 hectares. It specializes in growing sugar beets, wheat, corn, barley, as well as pig breeding (21,000 heads) and keeps 3,000 head of cattle. It has a grain storage facility with a capacity of about 60,000 tons. The company employs 5,500 people.

Ukrprominvest-Agro is engaged in the cultivation of agricultural crops, the production of sugar, flour, meat, and dairy farming. The group’s land bank exceeds 116,500 hectares. The agricultural holding is located mainly in regions that have not been invaded by Russian occupiers.

The group’s sugar business is represented by two sugar factories in the Vinnytsia region. The total elevator capacity for storing agricultural crops is 120,000 tons.

Ukrprominvest-Agro includes Agroprodinvest Group LLC, PK Podillya PJSC, PK Zorya Podillya LLC, Vinnytsia Bread Products Plant No. 2 LLC, Dniproagrolan AF, Ivankivtsi AF, Mas-Agro LLC, Pravoberezhne LLC, and Progress-NT LLC.

Since December 2019, the owner of the agricultural holding has been Oleksiy Poroshenko, the son of the former president of Ukraine.

PrJSC Podillya will pay UAH 600 million in dividends for the first three quarters of 2025

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