Business news from Ukraine

Business news from Ukraine

Kharkiv Tractor Plant (KTP) to Hold Shareholders’ Meeting on May 8 to Review 2022 Financial Statements

According to Fixygen, Kharkiv Tractor Plant (KTP) will hold a general meeting of shareholders on May 8, 2026, as reported in the issuer disclosure system.

According to the company’s announcement, the meeting will be held remotely via a poll, and the list of shareholders eligible to participate will be compiled as of May 5, 2026.

The agenda includes consideration of the conclusions of the audit report by the audit firm for 2022 and approval of measures based on the results of its review. Shareholders also plan to approve the results of the company’s financial and operational activities for 2022 and determine the procedure for covering the losses incurred.

The draft resolution provides for taking note of the conclusions of the audit report by Standard-Audit LLC regarding the audit of KhTZ’s financial statements for 2022, as well as utilizing the auditor’s recommendations in future operations. It is proposed to cover the losses incurred as a result of the company’s operations using future profits.

The KhTZ website, in the section for shareholders, features a notice regarding the meeting on May 8, a voting ballot, and a notice regarding the number of shares as of April 21, 2026.

PJSC “Kharkiv Tractor Plant” is registered in Kharkiv; its primary activity is the manufacture of machinery and equipment for agriculture and forestry. According to OpenDataBot, the company’s EDRPOU code is 05750295, its authorized capital is UAH 4.35 million, and its director is Oleksiy Nikolaienko. According to the service, KhTZ’s revenue for 2025 amounted to UAH 272.94 million, net profit to UAH 241.86 million, and assets as of the end of 2025 to UAH 873.41 million.

According to the National Securities and Stock Market Commission (NSSMC), as of the fourth quarter of 2025, 91.7667% of Kharkiv Tractor Plant’s shares belonged to the Cypriot company UGDC Holding Limited. In 2016, the DCH Group reported that its president and owner, Oleksandr Yaroslavskyi, had acquired a controlling stake in the Kharkiv Tractor Plant.

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Online meeting will be held at Kharkiv Tractor Plant on March 27

According to Fixygen, PJSC Kharkiv Tractor Plant will hold a remote general meeting of shareholders on March 27, 2026, through the Ukrainian depository system.

The agenda includes the approval of annual results and reports, review of management reports, decisions on the distribution of profits or coverage of losses, as well as organizational issues.

Kharkiv Tractor Plant PJSC is one of the largest machine-building enterprises in Ukraine, founded in 1930 in Kharkiv. The plant specializes in the production of tractors and equipment for the agricultural sector.

 

DCH COULD INVEST $3 BLN IN MODERNIZATION OF KHARKIV TRACTOR PLANT

The project of modernization of the Kharkiv Tractor Plant, investment in which could be around $2-3 billion, foresees the creation of a multifunctional ecosystem for business on its basis, which will include a potent industrial park, a complex with research, technological and technical base for implementation of innovative projects (a technological park) and other facilities, including logistic, training and research centers, the plant has reported on its website. “We are currently planning a big project for the reconstruction of the Kharkiv Tractor Plant. I think this is an investment of about $2-3 billion. We started yesterday and we will continue several years. It will be very interesting from the point of view of professional use. I always like projects that keep me on my toes,” the owner of the DCH group, which includes the Kharkiv Tractor Plant, Oleksandr Yaroslavsky said.
The project will, in particular, attract students and scientists from Kharkiv. Yaroslavsky said that the medium-term program for the development of the enterprise currently being implemented provides for an investment of DCH in the amount of about UAH 230 million. “We have focused mainly on the modernization of tractors. Almost more than 200 innovations in the model were made. The model has changed in quality both externally and internally, therefore the tractor has become more competitive,” Yaroslavsky said.
He said that about 800 new tractors would be off the line this year, approximately the same volumes are planned for next year: the plant does not work “for storing in a warehouse,” but manufactures products in accordance with the order portfolio. “We end this year and make the same plans, at least. Every year, every time, they create difficulties and problems for me with the Kharkiv Tractor Plant. Previously, it was running hurdles, now swimming in a pool without water. Tit is the more interesting, the more fun. I am responsible for the team. The team should be with a salary, and I will find options for a solution,” the businessman said.
Yaroslavsky recalled that the main market for the plant is Ukraine, and foreign markets are important to a lesser extent. “Taking into account that the markets have been lost, we have to restore. However, this process will take a certain amount of time. We are used to work. The company is interesting, the Kharkiv Tractor Plant is the leader of Ukrainian engineering and will not be left without attention,” Yaroslavsky said.
According to the information on the company’s website, earlier, Kharkiv Tractor Plant Director Andriy Koval reported that this year the plant increased sales of products in Ukraine by 40%.

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