Business news from Ukraine

“Steelkanat” received income of 3.2 bln hryvnias

Stalkanat PJSC (Odessa) received net profit amounting to UAH 3 billion 227.799 million following the results of its work in 2022, while in 2021 it was not, because the enterprise was in the process of creation due to its separation from Stalkanat-Silur PJSC.
According to the company’s annual report, in 2022, Stalkanat received a net profit of 325.073 million UAH, while in 2021 it finished with a net loss of 309 thousand UAH.
The average number of employees of the company in 2022 – 916 people, in 2021 – 16 people.
According to the report, owners of the shares in 2022 were paid dividends amounting to 197.185 million UAH.
The auditors note that since the company was registered on December 6, 2021, the data for 2021 are not comparable for 2022.
As it was reported, in January-March of this year, Stalkanat increased its net profit by 2.2 times compared to the same period last year – up to UAH 77.304 million, net income for this period decreased by 3.2% – to UAH 701.047 million. Undistributed profit as of March 31, 2023 constituted UAH 234,019 mln.
The general meeting of shareholders, which took place on September 3, 2021, decided to separate PJSC Stalkanat-Silur and create a new company – Stalkanat with the transfer of its property, rights and obligations according to the approved distribution balance sheet. Assets of PrJSC Stalkanat were based on the distribution balance sheet and act of acceptance dated December 31, 2021.
PJSC “PA “Stalkanat-Silur” (Odessa) previously had two branches – in Odessa and Khartsyzsk, Donetsk region on NKT. On December 1, 2016, the company’s management officially notified about the shutdown of the company’s branch in Khartsyzsk – a relevant announcement was published in the Uryadovy Kurier newspaper. Later, the management of PAO Stalkanat-Silur PJSC stated about the seizure of the company’s branch in Khartsyzsk on NKT, sent a corresponding statement to the National Police.
According to the company, as of the end of 2022, David Nemirovskyy (Ukraine) has 50.0001% in PJSC Stalkanat, Anton Mikhalenko – 23.7%, Adery Liron (both in Israel) – 23.1% and Vitaliy Dubovych (Ukraine) – 3.1999%.
The registered capital of Stalkanat PJSC is UAH 17.736 mln, and the par value of one share is UAH 0.17.

Steelkanat shareholders approve dividend payout of UAH 65.7 mln

Shareholders of PJSC “Production Association “Stalkanat” (Odessa) again approved the payment of dividends in the amount of 65 million 728.374 thousand UAH on the basis of 0.63 UAH per share from undistributed profits for part of 2022.
This decision was taken by the extraordinary general meeting of shareholders on December 2, 2022.
Dividend payment period – from February 6, 2023 to June 2, 2023.
Earlier, it was reported that shareholders of PrJSC “Production Association “Stalkanat” several times decided to direct the payment of dividends 65 million 728.374 thousand UAH on the basis of 0.63 UAH per share of undistributed profits for part of 2022.
PJSC Stalkanat produces steel and caprone wire ropes and hardware products.
As was reported, the general meeting of shareholders, which took place on September 3, 2021, decided to separate Stalkanat-Silur PJSC and create a new company – Stalkanat PJSC – with the transfer of its property, rights and obligations according to the approved distributive balance sheet.
Sergey Lavrinenko, general director of Stalkanat-Silur, explained earlier to Interfax-Ukraine agency that all shares of Stalkanat-Silur CJSC are distributed among all shareholders of Stalkanat-Silur CJSC. The shareholders agreed to spin off Stalkanat company, to which the Odesa industrial site will be transferred. In its turn, Stalkanat-Silur PJSC will also remain on its balance sheet as Silur, which is located in the temporarily uncontrolled territory (Khartsyzsk, Donetsk Region).
PA Stalkanat-Silur PJSC previously had two branches – in Odessa and in Khartsyzsk, Donetsk region, on the NKT. On December 1, 2016, the company’s management officially notified about the shutdown of the company’s branch in Khartsyzsk – the relevant announcement was published in the Uryadovy Kurier newspaper. Later, the management of PAO Stalkanat-Silur PJSC stated about the seizure of the company’s branch in Khartsyzsk on the NKT, sent a corresponding statement to the National Police.
According to the NDU, as of the fourth quarter of 2021, David Nemirovskyy (Ukraine) has 50.0001% of the company, Anton Mikhalenko – 23.7%, and Edery Liron (both Israel) – 23.1%.
The registered capital of Stalkanat-Silur is UAH 26.083 mln.

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