JSC “Lynovychi Sugar Plant ‘Krasnyi’ (Chernihiv region), part of the ”Gals Agro” group, plans to retain a loss of UAH 664,000 incurred as a result of operations in 2025, the company reported in the NSSMC’s disclosure system.
The relevant issue has been included on the agenda of the annual general meeting of shareholders scheduled for April 18. According to the draft resolution, shareholders also intend to approve the results of operations for the past year and hear the supervisory board’s report.
The shareholders will also consider a proposal to grant preliminary consent for significant transactions to be conducted within one year of the decision’s adoption. This refers to transactions whose value exceeds 25.00% of the company’s asset value as per the latest annual financial statements, with a maximum aggregate value of UAH 48.80 million. The list of such transactions includes obtaining loans, credits, and other banking products; pledging or mortgaging property; providing guarantees for third-party obligations; as well as the purchase, sale, rental, and leasing of property.
According to data from the Opendatabot service, JSC “Lynovychi Sugar Plant ”Krasnyi” reduced its revenue by 2.67% in 2025—to UAH 211.28 million—while its debt obligations decreased by 15.97%—to UAH 180.13 million. The company’s assets decreased by 18.13% over the year to UAH 159.82 million, while the number of employees decreased by 6 to 151.
JSC “Lynovychi Sugar Plant ‘Krasnyi’ (Chernihiv Oblast) is part of the ”Gals Agro” agricultural holding and specializes in the production of white crystalline sugar, molasses, and beet pulp. The current sugar beet processing capacity is approximately 2,800 tons per day, which allows the company to process an average of 170,000 tons of raw materials and produce over 23,000 tons of finished products per year.
The beneficiaries of the plant are Serhiy Kravchuk, Vadym Vaisapir, Mykhailo Yevstratov, Volodymyr Havrylenko, and Mykola Havrylenko. The main shareholder of the enterprise, with a 73.38% stake, is Gals Agro LLC.
