Shuvar Agricultural Products Market LLC (Shuvar, Lviv) will pay shareholders UAH 5.6 million in dividends based on its performance in 2024 and will pay them out by October 31, 2025.
As reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the relevant decision was made by the general meeting of the company’s participants at a meeting on September 1 of this year.
According to the minutes of the general meeting, dividends will be paid to persons who were members of the company on the date of the decision to pay dividends, in proportion to the size of their shares, on a monthly basis, starting in September 2025 and ending in October 2025. The total amount in September 2025, which is subject to accrual and payment to LLC participants, is UAH 2.8 million. The same amount will be paid to them in October this year.
Shuvar is the largest wholesale market for agricultural products in Lviv and Western Ukraine. The total area of the market is over 20 hectares. It is a member of the World Organization of Wholesale Markets. During the year, an average of 1.3 million cars visit the market. The market is part of the Shuvar group of companies, which is managed by Shuvar LLC.
According to data from Opendatabot, in 2024, Shuvar reduced its revenue by 5.6% to UAH 277.29 million and increased its net profit by 13.2% to UAH 91.23 million. Its debt obligations increased 2.6 times to UAH 143.92 million, assets increased by 25.8% to UAH 785.19 million, and the number of employees increased by 7 to 135.
Shuvar LLC (Lviv), the operator of the eponymous agricultural market, plans to start building second phase of the regional agricultural center with a total area of 26,000 square meters in 2020 sticking to the implementation of a development concept.
According to a posting on the website of the company, the market announced an architecture tender to select the best project for second phase. Architectural shops MarekArciszewski, MAManagement (Warsaw, Poland), Artik Design Bureau LLC (Lviv) and A-III Dmytro Antoniuk LLC (Kyiv) presented their projects.
The projected building will be three-story and includes, in addition to pavilions with different types of agricultural products, a retail gallery with recreation areas and craft products, a food hall with 5-10 restaurants of various cuisines and a single food hall.
The facility will be located on a plot of 20 hectares.
Shuvar LLC was created in 1991.
The participants of the limited liability company, according to the National Commission for Securities and the Stock Market, as of early 2018 were Roman Fedishyn (50.5%), Andriy Chipchar (27%), Liubov Doskoch (9.8%), Liubov Bokalo (9.6%), Natalia Fedishyn (2 , 5%), as well as Shuvar LLC (0.4%). The ultimate beneficiary is Roman Fedishyn.