Business news from Ukraine

Business news from Ukraine

“Ukrainian Bacon” Suffered Losses and Will Forgo Dividends for 2025

PJSC “Ukrainian Bacon” (Kostiantynivka, Donetsk Oblast) reported losses for 2025, which it plans to cover using future profits, the company announced in the disclosure system of the National Securities and Stock Market Commission (NSSMC).

The draft resolution of the general meeting of shareholders, scheduled for April 30, 2026, provides for the waiver of the accrual and payment of dividends for the past year.

Shareholders are being asked to approve the director’s report on the results of operations in 2025, recognizing them as satisfactory, as well as to approve measures to improve the company’s financial condition.

Achieving profitability has been identified as the priority for 2026.

In addition, the agenda includes a motion to remove Maksym Pysarev and Dmytro Makhota from the Unified State Register (USR) as persons authorized to act on behalf of the company without a power of attorney.

According to data from the OpenDataBot service, the revenue of PJSC “Ukrainian Bacon” in 2025 fell by 79.5% compared to the previous year—to 95.84 million UAH. The net loss amounted to UAH 107.39 million, compared to a profit of UAH 147.11 million in 2024. Thus, the negative trend in net income reached 173% (a decrease of UAH 254.5 million). The value of assets decreased by 45% to UAH 568.09 million, while total liabilities decreased by 33.3% to UAH 713.3 million. The company’s authorized capital is UAH 1.0005 million.

PJSC “Ukrainian Bacon” was founded in 2008. It produces meat products under the “Bashchynsky” and ‘Europroduct’ trademarks, as well as under the “Nasha Ryaba” brand and a number of private labels (“Auchan,” METRO, etc.).

Since October 2021, the company has been part of Yuriy Kosyuk’s MHP agricultural holding. Previously, the owner was PJSC “Myronivsky Hliboproduct.” During this period, there was a change in leadership from long-time director Mykhailo Bashchynskyi to Olena Reznik, and later to Dmytro Makhota. Since November 2025, Oleksii Nosov has held the position of director.

Production facilities are located in the Kramatorsk district of Donetsk Oblast. Due to military operations, the plant’s operations have effectively ceased: while the workforce numbered over 1,900 people in 2021, by the end of 2025, the number of employees had dropped to 2.

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Ukrainian Bacon to hold shareholders’ meeting on February 17

According to Fixygen, Ukrainian Bacon PJSC plans to hold a general meeting of shareholders on February 17, 2026.

As stated in the company’s announcement, the meeting is expected to consider issues related to the company’s activities that are on the agenda.

Ukrainian Bacon PJSC (EDRPOU code 33380539) was registered on December 18, 2008, with a registered capital of UAH 1.0005 million. Its main activity is the production of meat products; its legal address is Vodyane Druhe, Kramatorskyi District, Donetsk Region.

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