Piskivsky Glassworks LLC, a manufacturer of clear glass jars and bottles (PZS, Bucha District, Kyiv Region) increased its net revenue from product sales by 19.4% in January–March 2026 compared to the same period in 2025, reaching UAH 438.6 million.
According to the company’s interim financial statements, it ended the first quarter with a net profit of UAH 1.663 billion, whereas a year earlier it had reported a loss of UAH 37.2 million.
The company generated UAH 19 million in gross profit (compared to a loss of UAH 7.7 million in the first quarter of 2025), and operating profit exceeded UAH 2 billion (driven by “other income,” which amounted to UAH 1.8 billion), whereas last year the loss reached nearly UAH 13 million.
The accumulated loss as of March 31, 2026, amounted to UAH 824.8 million, while at the beginning of the year it was UAH 2.487 billion.
According to the report, exports accounted for 77.7% of total sales (nearly UAH 341 million). Among the importing countries are Poland, Italy, Germany, France, Greece, Romania, Turkey, Lithuania, Latvia, Moldova, and Georgia,
The company lists Francesco Arpaia, Saulite Partikas Grupa SIA, and Ferret LLC as its main clients.
In the first quarter, the plant produced more than 78.4 million units of products (including 72.5 million cans and nearly 6 million bottles), which amounts to 375.4 million UAH in monetary terms.
The report notes that following the start of the full-scale invasion, the plant suspended operations; after the furnaces cooled down, work continued from May 2022 to June 2023 to restore production on one of the two furnaces, which was launched in June 2023.
At the same time, it is emphasized that operating only one furnace has implications for the range of finished products: while before the war the plant produced both clear (Flint) and colored (brown and green) glass, it now produces only clear glass.
At the same time, the company managed to increase export shipments again due to changes in the geography of its sales market after they fell in 2023 to 47% of sales volume.
PZS assesses competition in the industry as fierce and notes that some Ukrainian competitor companies, like the Piskivsky Glassworks, have suffered losses and damage as a result of the war.
Among competitors, particularly in the Rivne region, the following are listed: “Consumers-Skl-Zorya” (clear glass bottles and jars), “Kostopil Glass Factory” (glass containers for low-alcohol and non-alcoholic beverages, perfume and canning containers, and liquor bottles), and “Rokytne Glass Factory” (green, brown, and clear glass bottles).
Other manufacturers of similar products include “Malyniivsky Glass Plant” (Chuhuiv District, Kharkiv Region), “Vetropack Gostomel Glass Plant” (Kyiv Region), and “Merefyanska Glass Company” (Kharkiv Region).
Among other challenges facing the industry, the plant cites stagnation amid declining consumer demand in Ukraine, and increased competition and dumping abroad.
“The main task for the next few years is to return to pre-war production volumes, and to do this, we need to resume production at Furnace No. 1,” the report states.
According to the company’s 2025 report, it plans to launch a second glass furnace this year, which will increase production capacity by 75%, enabling it to boost exports and optimize costs.
At the same time, PZS notes, about two-thirds of finished products are planned to be exported to EU countries, where a steady growth in demand for glass containers has been observed over the past few years (an increase of about 5% per year) due to rising interest in environmentally friendly packaging materials.
In 2025, the plant increased its net sales revenue by 12% compared to 2024—to 1.607 billion UAH—while incurring a loss of 227.9 million UAH.
As of the beginning of the second quarter of 2026, the company employed 449 people.
Comfy (Comfy Trade LLC), a retailer of home appliances and electronics, generated 14 billion hryvnias in revenue from January to March 2026, a 28% increase compared to the same period in 2025, according to the company’s press service.
The amount of taxes and fees paid totaled 643 million hryvnias, which is 14% more than in the first quarter of 2025.
“The retail market and customer behavior are changing. The line between offline and online stores has practically disappeared—and customers want the best experience regardless of their chosen path to purchase. That is why we are developing Comfy as a single seamless experience; in 2026, we will invest in the digitalization and convenience of every step of the customer journey. One of the key steps is that this year we are beginning to test marketplace functionality. One in three purchases today is made online. Tomorrow, it will be every second one. We are preparing for this,” said Comfy CEO Gennadiy Verbylenko.
The growth driver for the reporting period remains the development of e-commerce; Comfy’s share of online sales reached 36.6% (+6.6 percentage points compared to Q1 2025). The Comfy mobile app now generates over a third of the company’s total online sales. The number of downloads in January–March 2026 increased by 8%, and the share of monthly active users (MAU) grew by 38% over the year.
Data from the first quarter of 2026 indicates a shift in Ukrainian consumer behavior toward rationality and functionality. The strongest growth was seen in: robot vacuums (up 380%), gaming keyboards (up 374%), refurbished tablets (up 205%), epilators—up 191%, and hair stylers—up 73.3%, indicating Ukrainians’ investment in home comfort and self-sufficiency. Sales of cameras (+65.3%), multi-cookers (+46.4%), dryers (+23.8%), and laptops (+23.7%) are also growing steadily. Building on these trends, COMFY is expanding categories with high practical value and the refurbished electronics segment in response to demand for smart savings and environmental sustainability.
In the first quarter of 2026, the company opened two new stores: one in Lviv (Victoria Gardens shopping center) and a large two-story facility in Dnipro (1-M Heroiv Avenue). The store in Zaporizhzhia has also resumed operations: following a Russian drone strike and a fire at the Amstor shopping center on January 2, some of the equipment and the premises were destroyed, but the store was restored by the end of February.
As of the end of March, the Comfy chain comprises 115 stores in 56 cities across Ukraine. Two more openings are planned by the end of the year. According to the company, revenue for 2025 totaled 55.8 billion UAH, which is 17% more than in 2024. Over the course of the year, the company paid 2.3 billion UAH in taxes and fees to the state budget.
JSC “Kramatorsk Heavy Machine-Tool Plant” (KZVV, Perechin, Zakarpattia Oblast), nearly 97.7% of whose shares are owned by former People’s Deputy (2016–2023) Maksym Yefimov, increased its net sales revenue by more than 2.6 times in 2025 compared to 2024—to 50.429 billion UAH.
According to the company’s financial statements, its net profit grew by nearly 2.3 times—to 1.409 billion UAH, which aligns with previously published preliminary data.
KZVV reported UAH 2.684 billion in gross profit (a 2.3-fold increase), while operating profit rose by more than 2.2 times to UAH 1.645 billion.
Retained earnings as of December 31, 2025, amounted to UAH 2.118 billion (UAH 702.5 million at the beginning of the year).
Over the year, the plant increased its current liabilities by 53% to UAH 40.084 billion, while long-term liabilities, having decreased slightly, amounted to UAH 122.5 million.
As reported, KZVV planned at the general meeting of shareholders on April 30 to allocate UAH 1.1267 billion (80% of net profit) for the payment of dividends for 2025, at a rate of UAH 7.89 per share. However, the minutes of the meeting and the resolution on this matter have not yet been published on the plant’s website.
KZVV, which was relocated from Kramatorsk to Perechyn in the summer of 2022, specializes primarily in universal special-purpose machine tools designed for the energy, metallurgical, oil and gas, machine-building, and railway industries, as well as machine tools for single-unit and small-batch production. The plant also manufactures special-purpose products.
Friendly Wind Technology manufactures wind power equipment at the plant’s facilities, and in August 2023, the Friendly Wind Technology industrial park was registered in Perechyn.
PJSC “Khlibprom Concern” (Lviv), one of Ukraine’s largest bread producers, derived the majority of its revenue in 2025 from bread production, which amounted to UAH 170.18 million, or 76.31% of total sales.
According to the issuer’s annual financial statements published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), other significant sources of revenue included coffee and tea production—UAH 26.81 million (12.02%), the sale of electrical goods—2.61 million UAH (1.17%), and the production of crackers and confectionery—1.41 million UAH (0.63%). Smaller shares of revenue came from the production of other food products (UAH 301,350), flour production (UAH 271,210), and wholesale trade in coffee and food products.
As noted, the daily volume of production and sales of bread, confectionery products, and semi-finished goods in Ukraine and abroad amounts to up to 160 tons.
According to Opendatabot, Khlebprom Concern’s revenue in 2025 increased by 9.5% compared to 2024—to UAH 2.22892 billion. Net loss decreased by a factor of 13.5—to UAH 5 million, compared to UAH 67.57 million a year earlier. Assets at the end of the year amounted to UAH 1.19076 billion, while liabilities decreased by 10.1% to UAH 509.95 million. The company’s authorized capital is UAH 163.55 million.
“Khlibprom Concern” is one of the largest enterprises in the Ukrainian bread market, producing up to 160 tons of products daily: bread, baked goods, confectionery, and semi-finished dough products. Its structure includes five processing plants located in the Lviv and Vinnytsia regions. It owns the Agrola, Bandinelli, 2go, “Lublyanna,” and “Vinnytsiahlib” brands.
The beneficiary of the company is Natalia Antonova.
According to its 2025 results, the IMK agricultural holding reduced its physical sales volume of agricultural products by 31.2%—to 768,100 tons— but minimized the revenue decline to 10% thanks to a significant increase in global prices, according to the company’s annual report on the Warsaw Stock Exchange.
According to the document, the holding’s total revenue amounted to $190.4 million compared to $211.2 million in 2024.
Corn made the largest contribution to the result, with its share in the revenue structure increasing from 51.1% to 58.2%. Despite a 21.6% decline in sales volume (to 524,300 tons), revenue from this crop rose slightly to $110.8 million thanks to a 31% jump in the selling price to $211 per ton.
A similar situation was observed in the sunflower segment: while physical sales fell by 30.7% to 80.5 thousand tons, revenue remained stable at $46.9 million due to a 45.5% increase in the price—to $582 per ton.
The situation with wheat proved to be the most challenging, with revenue from it plummeting by 42.7% to $32.1 million due to a twofold drop in sales volumes.
At the same time, the cost of sales in 2025 remained virtually unchanged at $179.8 million (a 1% increase).
The report highlights a significant increase in the cost of raw materials and supplies, up 36% to $134.5 million, as well as in fuel and energy costs, up 36% to $17.9 million.
IMK specializes in growing grain and oilseed crops and grain storage operations. The company cultivates approximately 115,000 hectares of land in the Poltava, Chernihiv, and Sumy regions. IMK’s grain storage capacity totals 554,000 tons. The holding company owns its own fleet of trucks, grain railcars, and high-performance agricultural machinery. The group’s shares have been listed on the Warsaw Stock Exchange since May 2011. The company is ranked among the TOP 100 largest landowners in Ukraine.
IMK’s net profit for 2025 rose by 24% to $67.5 million, while consolidated revenue fell by 10% to $190.4 million. The agricultural holding’s normalized EBITDA increased by 11% to $95.8 million. The company’s total debt for the past year decreased to $17.9 million.
PJSC “Kulikivske Moloko” (Chernihiv Oblast) reported an 8.2% year-over-year decrease in revenue from product sales in 2025, down to 181.35 million UAH, the company reported in its annual financial statements filed with the National Securities and Stock Market Commission (NSSMC).
According to the report, the cost of goods sold in 2025 amounted to UAH 176.95 million, compared to UAH 192.1 million in 2024. The company’s gross profit for the year decreased by 19.6% to UAH 4.4 million.
The company’s main sources of liquidity as of the end of 2025 were inventories amounting to UAH 82.52 million, accounts receivable for goods and services—UAH 5.04 million, and cash on hand—UAH 0.41 million.
The company’s total current liabilities at the end of the year amounted to UAH 76.51 million. Specifically, short-term bank loan debt amounted to UAH 10 million, accounts payable for goods and services to UAH 36.38 million, and other current liabilities to UAH 27.85 million. No long-term liabilities are reported in the financial statements.
In 2025, the company’s supervisory board approved a new policy for managing environmental and social risks, as well as a collective agreement. The company’s strategic goals were defined as ensuring the continuity of production processes, implementing environmental risk assessments, and strengthening information security. Future development plans include increasing production volumes and expanding sales markets.
By a separate resolution of the supervisory board dated April 30, 2026, Anatoliy Didur was elected chairman of the board for a three-year term. Since February 2025, he has also served as the financial director of PJSC “Kulykivske Moloko.”
PJSC “Kulykivske Moloko” (Kulykivka, Chernihiv Oblast) was founded in February 1999. The company specializes in milk processing, butter and cheese production, and also engages in the wholesale trade of over 30 types of dairy products, eggs, cooking oils, and fuel.
The company’s main shareholders are Igor Rzhavichev (51%) and Anastasia Churikova, who in February 2026 purchased a 48.9983% stake from the Didur family. Previously, Churikova headed LLC “RIVL,” controlled by the majority owner of PJSC, Igor Rzhavichev.
