Business news from Ukraine

Business news from Ukraine

Ukrnafta received UAH 5.2 bln in net profit

Ukrnafta JSC received a net profit of UAH 5.2 billion in January-June 2025, the company reported on Thursday.

“The company’s results are included in the condensed consolidated interim financial statements of Naftogaz of Ukraine JSC for the six months ended June 30, 2025,” the company said.

KPMG is conducting a review of these financial statements. As part of the audit, KPMG Audit carried out procedures to review Ukrnafta’s financial information.

“During the same period, Ukrnafta paid UAH 14.8 billion in taxes, fees, and customs duties to the state budget and transferred UAH 5 billion in dividends,” the company added.

As reported, Ukrnafta’s net profit for 2024 amounted to UAH 16.38 billion. At the same time, the company transferred UAH 5 billion in dividends to the state budget based on its performance in 2024.

Ukrnafta is Ukraine’s largest oil producer and operator of the national network of gas stations. In March 2024, it took over the management of Glusco’s assets and currently operates 545 gas stations.

The company holds 92 special permits for industrial development of deposits. It has 1,832 oil and 154 gas production wells on its balance sheet.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the company’s corporate rights, which belonged to private owners, to the state, and they are currently managed by the Ministry of Defense.

Ukrnafta’s net profit for 2024 was UAH 16.38 billion.

 

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UKRNAFTA develops multi-channel services and increases non-fuel sales

The UKRNAFTA chain of gas stations continues to develop multi-channel customer services and increase its performance.

“Currently, the state-owned network is among the top three networks in Ukraine in terms of sales,” said Yuriy Tkachuk, acting chairman of the board of JSC Ukrnafta. “Modernization is ongoing: modern mini-markets are opening, the product range is expanding, and equipment is being updated. I would like to thank the UKRNAFTA team for their steady development, which provides the best modern experience for our customers.”

Non-fuel sales in the first half of 2025 increased by almost 75% compared to the same period in 2024. By product group: hot and cold drinks +100%, hot dogs +50%, UKRNAFTA own brand washer fluid +80%, original AdBlue +35%.

More than 8,300 customers already use UKRNAFTA cards and vouchers. In total, since 2023, when the company’s own B2B program was launched, 170,000 cards have been issued, which can be used at 1,503 gas stations, both our own and those of our partners.

Developed and launched at the end of 2023, the UKRNAFTA app now has 1.5 million active users and is at the top of PlayMarket and AppStore. Every day, 3-4 thousand people install it.
Ukrnafta is Ukraine’s largest oil production company and operates a national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and now operates a total of 545 gas stations — 461 of its own and 84 under management.

The company is implementing a comprehensive program to restore operations and upgrade the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the corporate rights of the company that belonged to private owners, which is now managed by the Ministry of Defense.

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Ukrnafta paid UAH 5 bln in dividends for 2024

Ukrnafta transferred UAH 5 billion in dividends to the state budget based on its 2024 performance, the company said on Wednesday.

According to the company, the dividend payments to Naftogaz of Ukraine and the Ministry of Defense of Ukraine for 2024 were made on time and in full.

“The company continues to develop actively, increasing oil and gas production and sales of petroleum products for two years in a row, as well as increasing its market share in the fuel and lubricants segment,” said Serhiy Koretsky, chairman of the board of Naftogaz of Ukraine.

As reported, PJSC Ukrnafta’s net profit for 2024 amounted to UAH 16.38 billion.

Ukrnafta is Ukraine’s largest oil producer and operator of the national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and now operates a total of 544 gas stations, 461 of which are owned by the company and 83 are under management.

The company holds 92 special permits for industrial development of deposits. It has 1,832 oil and 154 gas production wells on its balance sheet.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the corporate rights of the company, which were owned by private owners and are currently managed by the Ministry of Defense, to the state.

Ukrnafta is Ukraine’s largest oil producer and operates a national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and now operates a total of 545 gas stations, 461 of which it owns and 84 of which it manages.

The company is implementing a comprehensive program to restore operations and upgrade the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the privately owned corporate rights of the company to the state, which are now managed by the Ministry of Defense.

 

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Ukrnafta announces tenders for Green Card

PJSC Ukrnafta has announced tenders for international Green Card insurance.

According to the Prozorro electronic public procurement system, the expected cost of the services is UAH 48,663 thousand. No tender security is required. The deadline for submission is August 9.

 

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More than 13 mln liters of fuel at discount for military at UKRNAFTA filling stations

The Plus program, which the UKRNAFTA filling station network implements jointly with the Ministry of Defense of Ukraine within the Army+ application, demonstrates stable efficiency and real support for the military.

Since the start of the project in December 2024, the military has refueled 13.3 million liters of fuel. The savings amounted to UAH 36.1 million. Another UAH 4.2 million was saved on cafe products and UAH 707.9 thousand on goods in the stores at the filling stations. In total, almost 100,000 military personnel have already taken advantage of the special discounts.

We remind you of the discounts for the military with Army+ at UKRNAFTA filling stations:

* -3 UAH/l for gasoline and diesel (up to 200 liters per month)

* UAH 0.5/l for liquefied gas (up to 200 liters per month)

* -30% for cafe products

* -10% for goods in stores (except for alcohol, tobacco and promotional goods, up to 2000 UAH/month).

UKRNAFTA consistently provides special service conditions for the defenders of Ukraine. The company thanks everyone who serves and continues to support the military every kilometer of their journey.

“Ukrnafta is the largest oil company in Ukraine and the operator of the national network of filling stations. In March 2024, the company took over management of Glusco’s assets and operates 545 filling stations – 461 owned and 84 managed.

The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, the company has been issuing its own fuel coupons and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense.

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Rebuilt UKRNAFTA filling station at 8 Kiltseva Street in Chernihiv is open for customers again

On July 11, the UKRNAFTA filling station at 8 Kiltseva Street in Chernihiv resumed operations after being completely rebuilt and renovated following the damage caused during the hostilities in 2022.
The filling station, which is popular among residents of the city and the suburbs, has been given a new lease of life with a modern design, a stylish minimarket, free Wi-Fi, a tire inflation station, and AdBlue sales.
At the beginning of the full-scale invasion, in February-March 2022, the Ukrainian military stopped the enemy’s advance on the outskirts of Chernihiv. At the same time, the gas station, which was on the line of fire, was destroyed. Its rebuilding is not only a technical upgrade but also a symbol of the city’s gradual recovery.
On the occasion of the opening, from July 11 to 13, UKRNAFTA will offer pleasant bonuses to its visitors:
50% discount on a hot drink or hot dog for everyone who refuel or make a purchase in the store;
Free* donuts for children;
Balloons to create a festive mood;
A gift certificate for a 50% discount on coffee or a hot dog, which can be used from July 14 to August 10.
The UKRNAFTA filling station at 8 Kiltseva Street is not only a convenient stop for drivers, but also another step in the restoration of Chernihiv’s infrastructure.
*The term “free of charge” refers to the symbolic cost of UAH 0.10 in accordance with the current legislation of Ukraine.

 

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