Silpo Food LLC, part of the Fozzy Group (Kyiv) trade and industrial group, which operates the Silpo grocery supermarket chain in Ukraine, earned UAH 612.7 million in profit in January-June 2025, while last year, during the same period, the company incurred a loss of UAH 863.5 million.
According to the company’s interim report, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), Silpo Food’s revenue from sales in the first half of 2025 increased by 15.5% compared to the first half of 2024 and reached UAH 50.3 billion.
It is noted that the company’s gross profit in January-June 2025 increased by 27.3% compared to the same period a year ago, to UAH 15.8 billion, and operating profit increased 2.1 times, to UAH 1.4 billion.
Silpo Food’s current liabilities since the beginning of the year as of June decreased by 6% to UAH 27.8 billion, while long-term liabilities increased by 4% to UAH 13.5 billion.
The company’s uncovered loss at the end of June 2025 decreased by 2.2% since the beginning of the year and amounted to UAH 24.9 billion, while assets increased by 1.3% to UAH 34.5 billion.
As reported, Silpo Food’s revenue for 2024 increased by 9.8% compared to the previous year, to UAH 93 billion.
Silpo Food LLC was established in early August 2016. According to Opendatabot, the founder of the LLC is PJSC Closed Undiversified Venture Corporate Investment Fund Retail Capital (100%, Kyiv), and the ultimate beneficiary is Volodymyr Kostelman.
As of September 2025, the chain has 310 supermarkets in 62 cities of Ukraine and four Le Silpo delicatessen markets: in Kyiv, Dnipro, Kharkiv, and Odesa.
It is part of the Fozzy Group, a trade and industrial group with more than 826 retail outlets throughout the country. The company develops retail chains of various formats: Silpo supermarkets, Fozzy wholesale hypermarkets, Fora neighborhood stores, Thrash! discount stores, Bila Romashka pharmaceutical supermarkets, and E-ZOO pet stores.
Metal Holding Trade LLC, one of Ukraine’s metal trading companies, increased its net profit by 5.1 times compared to 2023, to UAH 181.639 million, according to the results of 2024.
According to the company’s annual report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), during this period, it increased its net income by 20% to UAH 7 billion 235.562 million.
Retained earnings at the end of 2024 amounted to UAH 1 billion 714.379 million.
Metal Holding Trade LLC (Kyiv) is engaged in the wholesale trade of metals and the production of metal structures.
The founders and participants of the LLC are three individuals: Serhiy Loychenko, who owns a 75% stake, Oleg Melnyk (12.5%), and Volodymyr Poberizhnyuk (12.5%).
The authorized capital of the LLC is UAH 4.020 million.
JSC “Kramatorsk Heavy Machine Building Plant” (KZVV, Perechin, Zakarpattia region), almost 97.7% of whose shares are owned by former MP Maksym Yefimov (Restoration of Ukraine group), earned almost UAH 1.233 billion in net profit in January-June of this year, four times more than in the first half of 2024.
According to the company’s published financial report, net income for this period increased 3.5 times to UAH 21.446 billion.
According to the company, in the first quarter of this year, it increased its net profit by 2.6 times compared to January-March 2024, to UAH 707.9 million, with net income growing 4.2 times, to UAH 10.796 billion.
Thus, in the second quarter of this year, KZV increased its net profit by 4.8 times compared to April-June 2024, to UAH 524.8 million, with revenue growing almost threefold, to UAH 10 billion 653 million.
As reported, KZVV, which was relocated from Kramatorsk to Perechin in the summer of 2022, manufactures, among other things, wind turbines (WTGs) for Friendly Wind Technology.
KZVV specializes in universal special-purpose machine tools designed for the energy, metallurgical, oil and gas industries, mechanical engineering, and rail transport, as well as machine tools for single and small-batch production. The plant has also mastered the production of towers for WPPs.
Back in 2022, KZVV’s net income was UAH 119.38 million, and its net loss was UAH 134.68 million.
At the beginning of this year, the plant employed almost 2,000 workers, compared to 296 in 2022.
JSC Dnipro Switch Factory (DnSZ, Dnipro), a major Ukrainian manufacturer of switches for main railway tracks, increased its net profit by 2.2 times in January-June 2025 compared to the same period in 2024, to UAH 249.16 million.
According to the financial results report on the company’s website, net sales revenue for this period increased by 24.2% to UAH 796.7 million.
DnSZ received UAH 299.7 million in profit from operating activities (2.2 times more), and gross profit amounted to UAH 299 million (+61.2%).
As reported, in the first quarter of this year, the plant increased its net profit by 2.1 times compared to the same period in 2024, to UAH 113.2 million, with revenue growing by 21.7% to UAH 415.4 million.
Thus, in the second quarter of 2025, DnSZ increased its net profit by more than 2.2 times compared to April-June 2024 – to almost UAH 136 million, while net income increased by 27.1% – to UAH 381.3 million.
Founded in 1916, Dnipro Railway Switch Factory currently manufactures various types of switches for mainline and industrial transport, subways, as well as elements of the upper track structure.
The enterprise has a full production cycle, including its own design bureau.
The plant ended 2024 with a consolidated net profit of UAH 540.41 million, which is 6% more than in 2023, of which 78% (UAH 420 million) was allocated to dividend payments. Consolidated revenue increased by 77% to UAH 1.79 billion.
According to the company’s report on its website, unconsolidated net profit increased by 6.7% to UAH 544.22 million, with revenue growing by 31.1% to UAH 2.346 billion.
Exports accounted for 5.6% of sales in 2024, with products shipped to Georgia, Azerbaijan, Moldova, Bulgaria, Germany, and the Baltic states.
Datagroup, a telecommunications operator that has been part of the DVL group of companies (Datagroup-Volia-lifecell) since September 2024, earned UAH 78.58 million in net profit in January-June 2025, compared to a net loss of UAH 43.05 million in the same period last year.
According to the company’s financial report in the NSSMC disclosure system, the company increased its revenue by 14% to UAH 917.40 million during the reporting period, while gross profit decreased by 3.2% to UAH 267.72 million, and operating profit decreased by 37.7% to UAH 75.34 million.
According to the report, the return to profitability is explained by a reduction in financial expenses in the first half of this year to UAH 7.94 billion from UAH 163.8 billion in the first half of last year.
“The company’s current financial and economic condition remains resilient to the challenges of large-scale war in Ukraine,” the report says.
The company added that in order to minimize negative effects and increase business efficiency, work is continuing on “intra-group corporate integration processes aimed at reducing operating and capital expenditures for the modernization of the electronic communications network and improving the quality of electronic communications services.”
During the reporting period, the average number of full-time employees was 1,524, with 85 part-time employees and 113 part-time employees. Payroll expenses in the second quarter of 2025 amounted to UAH 284.15 million, and compared to the previous year, the payroll fund increased.
The DVL Group of Companies noted in its release that in the first half of 2025, profitability increased by 30% compared to the second half of 2024. Since the beginning of the integration of the group’s companies, lifecell’s EBITDA margin has increased by 7 p.p. and reached 58.4% in the second quarter of 2025.
As reported, in September 2024, NJJ Holding, led by French investor Xavier Niel, completed the acquisition of national fixed-line internet service provider Datagroup-Volia and third-largest mobile operator lifecell. The assets were merged into the DVL group.
JSC “NAEK ”Energoatom” will be profitable in all three scenarios during 2025-2028, with profits in 2028 expected to be twice as high as in 2026-2027, due in particular to the expected rise in electricity prices.
This forecast is contained in the annual information on fiscal risks prepared by the Ministry of Finance of Ukraine based on data from 12 state-owned companies as part of the adoption of the 2026 state budget. Within the document, basic, alternative, and negative scenarios are modeled for each company based on macroeconomic scenarios for the development of Ukraine’s economy.
“Net revenues from NAEK Energoatom to the state budget are expected in all scenarios and will grow as the company’s profitability increases,” the document says.
As noted by its authors, NAEK plans to build new power units in the long term and has plans in the medium term to attract sufficient debt financing to fund investments. However, construction will continue after the end of the medium-term period, and if such construction is financed through debt obligations, high costs are expected to increase the company’s obligations to a level that it may not be able to service.
“Fiscal risks may materialize if the government has to provide funding to cover part of these costs, or if the government has to service Energoatom’s debts,” the Ministry of Finance concluded.
Under the baseline scenario, Energoatom’s capital expenditures will average about UAH 59 billion per year from 2025 without budget financing, while expenditures on PSO for tariff compensation for the population will decrease by an average of 2.3% in the period 2026-2028.
In addition, the baseline scenario assumes an average increase in electricity prices of 7.9% per year, as well as a slight decrease in the company’s electricity production in 2026-2027, followed by an increase in 2028.
As the Ministry of Finance noted, NAEK received a net profit of UAH 1.3 billion in 2024, compared to a loss of UAH 11.3 billion in 2023. Last year, the company demonstrated a 35% increase in revenue due to a 33.5% increase in the weighted average price of electricity.
According to the results of 2024, the volume of PSO in Energoatom amounted to UAH 109.3 billion, or 53% of the company’s net income for that year.
