The agricultural holding “TAS Agro” plans to invest approximately $15 million over the next three years in modernizing dairy farms to bring them into compliance with EU standards, the company’s CEO Oleg Zapletnyuk said in an interview with Delo.ua.
The CEO of the agricultural holding clarified that TAS Agro is concentrating its livestock operations in the Vinnytsia region, where it is completely rebuilding a farm, increasing the number of stalls, and implementing loose housing for livestock.
“The total investment amount is approximately $15 million over the next three years. We are investing in this step by step. This primarily concerns cows. Our goal is to transform outdated livestock farming into a highly productive sector, increase its efficiency, improve livestock housing conditions, and enhance the quality of meat and dairy products,” Zapletnyuk said.
The company’s CEO noted that the strategic plan calls for expanding the land bank from the current 80,000 hectares to 100,000 hectares by the end of 2026.
“Strategically, we plan to increase our land bank to 100,000 hectares. We are currently considering certain assets; if we manage to finalize the purchase by the end of the year, that will bring us to about 100,000 hectares. The next step is to increase it to 120,000 hectares, but that is by 2028,” he said.
Assessing the financial results, the company’s CEO noted that TAS Agro’s net profit for 2025 is expected to be in the range of $20–22 million.
“In 2025, the company’s net profit was in the range of $20–22 million, but we have not yet sold part of our production. As of today, we have effectively sold the wheat, but we have not yet updated the key financial indicators. Estimated at $20–22 million, this is actually 10% more than we had budgeted,” he emphasized.
Zapletnyuk attributed the decline in profitability compared to 2024 (over $25 million) to drought in some of the regions where the company operates and the drop in global prices for agricultural products.
Last year, the holding exported approximately 270,000 tons of agricultural products, with exports accounting for about 60% of total production. The primary destination was the EU, which received 49% of all shipments. Additionally, 25% of exports went to North African countries, 19% to Asia, and 4% of the products were sold in Middle Eastern markets. At the same time, sunflower seeds, as well as a significant portion of soybeans and rapeseed, are processed domestically at partner plants for the subsequent sale of finished products.
The TAS Agro agricultural holding was established in 2014. It cultivates approximately 80,000 hectares across six regions of Ukraine. Its specialization is crop production and dairy farming (cattle herd—5,500 head). Its grain storage capacity is 250,000 tons. Serhiy Tihipko is the founder of the “TAS” group and the beneficiary of the agricultural holding.
In 2026, JSC “Ukrenergomashiny” plans to invest approximately 60 million UAH in production development, specifically for the purchase of new equipment, major repairs and modernization of existing equipment, and the provision of technological equipment for workplaces.
“The total planned capital investment for 2026 amounts to UAH 60 million. Funding will be provided from the company’s own funds,” according to the company’s 2025 financial report published in the disclosure system of the National Securities and Stock Market Commission.
In particular, it is planned to allocate UAH 33.5 million in investments to improve the technical level of mechanical assembly, metallurgical, and welding operations, installation work, and equipment modernization; UAH 12.4 million toward the development of auxiliary production and laboratory facilities, office equipment, and tools, and UAH 14 million toward design, research, development, and technological work.
As reported, in 2025, Ukrenergomashiny increased its net revenue by nearly 33% compared to 2024—to 1.06 billion UAH—and its net profit by 3.5 times, to 3.07 million UAH.
According to the report, exports accounted for 70.7% (nearly UAH 770 million), including shipments to Kazakhstan, India, Armenia, Bulgaria, and Hungary.
Last year, in particular, a steam turbine was delivered for the Aksu TPP and power equipment for the Ekibastuz Thermal Power Plant (Kazakhstan), a set of power equipment for the Kozloduy NPP (Bulgaria) and the Armenian NPP, and sets of power (turbine) equipment for the Bandel TPP (India).
Domestic customers were supplied with equipment for the Khmelnytskyi, Rivne, and South Ukraine NPPs, as well as the Dobrotvor, Trypillya, Zmiiv, Kryvyi Rih, Burshtyn, and Darnytsia TPPs, and the Kremenchuk HPP.
Motor equipment was supplied, in particular, to Tatra-Yug LLC (83 traction electric motors), the Kryukiv Electric Locomotive Plant (18 induction generators), and Ukrzaliznytsia (41 induction generators).
JSC “Ukrenergomashiny” (formerly JSC ‘Turboatom’ and “Elektrovazhmash”) is Ukraine’s sole manufacturer of turbine equipment for hydroelectric, thermal, and nuclear power plants. It also manufactures, in particular, electric motors for rail and urban transport (the “Elektrovazhmash” product line).
As of early 2026, the company employed 2,169 people.
At the same time, the report notes that, in accordance with orders from the CEO, under martial law conditions—taking into account the state of production, its supply of material and energy resources, and with the aim of rationally utilizing working hours and financial resources—a part-time work schedule has been established for the company’s employees.
“Employees of JSC ‘Ukrenergomashiny’ work according to schedules based on the company’s needs,” the document states.
The Ma’Rizhany industrial hemp processing plant (Zhytomyr Oblast) has begun a new operating season following a technical hiatus during which the company modernized its production lines, the company announced on Facebook.
“We have installed new equipment to make hemp straw processing even more efficient. This will allow us to expand the volume and range of our products—natural raw materials for construction, textiles, agriculture, and many other sectors,” the company said.
The Ma’Rizhany Industrial Park was added to the Industrial Parks Register in August 2024. In May 2025, the Ma’Rizhany Hemp Company began operations here; it is currently Ukraine’s largest facility for the primary processing of industrial hemp. The plant’s initial capacity was 14,000 tons of long fiber per year.
Earlier, Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development, noted that if hemp cultivation in the region expands to 4,000 hectares, the park plans to double its processing capacity to 20,000 tons of raw material annually.
The agricultural holding company Continental Farmers Group (CFG) has allocated $23.9 million to upgrade and modernize its fleet of machinery, the company’s press service reported.
“Continental is consistently implementing its investment plans, maintaining a focus on the systematic renewal, standardization, and modernization of its fleet. This approach enhances operational efficiency, cost predictability, and the technological resilience of the business,” emphasized Georg von Nolken, CEO of the agricultural holding.
According to the report, the agricultural holding’s fleet was expanded with 17 tractors of various power ratings, nine self-propelled sprayers, seven seeders, four cultivators, as well as trailer and warehouse equipment. In addition, the company purchased two grain harvesters and one potato harvester.
“Continental” has also expanded its logistics division and purchased 14 new tractor-trailers with semi-trailer dump trucks and five cargo trucks. The agricultural holding explained that this is another step toward creating a closed-loop logistics cycle “from field to elevator,” which will reduce dependence on external carriers.
All new equipment is integrated into the precision farming system. The units support automatic section control, operation based on task maps, and remote monitoring, which allows for the optimization of seed, fertilizer, and fuel costs.
Continental clarified that the purchased machines are already being used in the 2026 spring planting campaign.
The Mriya agricultural holding and CFG, united under the name “Continental Farmers Group,” have been operating as a single business since November 2018, when Mriya signed an agreement with the international investor Salic UK regarding the sale of assets.
Salic was founded in 2012. Its sole shareholder is the Saudi Arabian Public Investment Fund, which invests in agricultural and livestock production.
Zaporizhstal Steel Works has allocated UAH 5.3 million to modernize the APR-4 longitudinal slitting unit in the hot rolling shop (HRS).
According to its press release on Tuesday, the project involved upgrading key components of the unit and enhancing its technical capabilities to handle coils weighing up to 16 tons. Installation and commissioning were carried out by specialists from the division together with the contractor Etalonbudservis.
It is specified that the upgraded equipment will allow processing rolls of double weight up to 16 tons, expanding the range of thin-gauge rolled products and improving the quality of metal processing in the HRS.
Zaporizhstal is a joint venture of the Metinvest Group, whose main shareholders are System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
Ukraine’s third-largest mobile operator, Lifecell LLC (TM lifecell), has signed a strategic agreement with Swedish telecommunications equipment manufacturer Ericsson to upgrade its network core to improve 5G readiness, the company said in a statement on Monday.
“The modernization of the core will allow lifecell to increase network performance and stability, optimize resource utilization, and most importantly, significantly reduce the time it takes to bring new services to market,” the operator said.
Lifecell explained that as part of the project, the company is transitioning to a cloud-native network core architecture based on Ericsson solutions, specifically data transmission and Internet access services (Packet Core) and subscriber data management systems (User Data Management).
It is expected that the network core will be upgraded in accordance with 5G principles, which will subsequently create the technical basis for improving service quality.
Lifecell specified that the transition to a cloud-native core will also reduce the risk of communication interruptions and downtime for subscribers.
In addition, the operator is simultaneously modernizing its subscriber data management system based on Ericsson’s Cloud Native Unified Data Management (UDM) solution, which ensures secure management of subscriber data.
As reported, lifecell LLC increased its revenue from telecommunications services by 18.9% to UAH 11.58 billion in the first nine months of 2025. According to data from the National Commission for the Regulation of Electronic Communications and Postal Services (NCCEC), lifecell increased its capital investments by 41.7% to UAH 2.97 billion in the first nine months of 2025.
