According to Fixygen, shareholders of Kyiv Margarine Plant (KMZ), a member of the Olkom Group, intend to approve the results of financial and economic activities for 2025 and the procedure for covering losses using future profits at a remote general meeting on April 22, the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC).
According to the draft resolutions, shareholders plan to approve the performance of the management board and supervisory board for 2025 as satisfactory and to approve the conclusions of the audit reports of Odi Audit Assurance LLC for 2024 and 2025. It is proposed to appoint the same company as the auditor for the next period.
The agenda also includes granting preliminary consent for significant transactions during the year. Specifically, this involves obtaining loans, credits, and banking products totaling up to UAH 250 million for a term of up to 6 years. Shareholders plan to authorize the transfer of property as collateral or a mortgage to secure obligations to financial institutions with a maximum aggregate value of UAH 500 million.
In addition, the general meeting will terminate the powers of the current members of the supervisory board, consisting of Hanna Oleksenko, Artem Oleksenko, and Olga Oleksenko. They will be re-elected for a new term. The terms of civil law contracts with supervisory board members do not provide for the payment of remuneration.
Kyiv Margarine Plant PJSC (KMZ) was founded in 1949 in Kyiv. It is known as a producer of oil and fat products under the “Olkom” trademark as part of the Olkom Group. The company’s production capacity allows it to refine up to 6,000 tons of oils and fats, produce 4,500 tons of margarine, 1,000 tons of mayonnaise, and 600 tons of packaged sunflower oil each month. The plant’s product range includes items for retail chains (sauces, margarines, mustard) and specialized fats for the B2B segment, specifically for companies in the confectionery, dairy, and baking industries, as well as the HoReCa sector.
According to data from the Opendatabot service, Kyiv Margarine Plant PJSC (Kyiv, Nauky Ave., 3) was founded in 1994. The company’s net loss for 2025 amounted to UAH 29.52 million, compared to a loss of UAH 5.27 million in 2024. The company’s revenue for the reporting period decreased by 2.4% to UAH 513.36 million, while assets increased by 3.6% to UAH 423.15 million. The number of employees at the end of the year was 136. The main shareholders are Hanna Oleksenko (50.29%) and Olga Oleksenko (43.86%).
The Olkom Group plans in autumn 2019 to supply a first batch of goods (margarine spread) to Poland, Board Chairman of PrJSC Kyiv Margarine Plant, which is part of the group, Yuriy Yevenko has said.
“We will start trial deliveries to Europe this season – in September. Now we are negotiating with one Polish company. However, they want products under their own trademark, so we will not export under our own trademark yet. The volume of the first delivery is 40 tonnes: this is enough so that they put the products on the shelves of supermarkets. We plan to increase the share of direct exports to 10% of the total production within three to five years,” Yevenko told Interfax-Ukraine.
According to him, the company increased production by 75% in January-March 2019 (mainly thanks to b2b products), and by the end of the year it plans to double production in monetary terms.
“Last year we earned about UAH 600 million of revenue, and this year we set a goal to earn UAH 1.2 billion,” he said.
He added that in 2018, the company produced about 40,000 tonnes of products, of which 23,000 tonnes were tolling services for oil refining.
Over 2018-2019, company has invested about $1 million in boosting the production capacity, and is currently in talks with the European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) and two investment funds.
At the same time, according to Yevenko, in three to five years, Olkom should complete the repayment on loans attracted about 10 years ago and consider expanding production outside Kyiv, but the company does not intend to leave the site in Kyiv.
