In early September, the National Securities and Stock Market Commission (NSSMC) registered the issue of series “B” bonds by Galka Trading House LLC (Lviv), a subsidiary of coffee and coffee products manufacturer Galka, in the amount of UAH 50 million.
According to information in the NSSMC register, the nominal value of the bonds is UAH 1,000, but information on the term of circulation and yield rate is not yet available.
The audit report for the first quarter states that at the end of March this year, as at the end of last year, bonds of the debut issue of TD Galka series “A” with a total nominal value of UAH 45.004 million were in circulation, while the issuer’s account had UAH 4.996 million.
The decision to issue new bonds without a public offering for another UAH 50 million was made by the participants on June 18 this year.
The Ukrainian-English joint venture Galka LLC (until 2004 – Galka Ltd.) was founded on the basis of the Lviv coffee factory. It is engaged in the production and sale of coffee, coffee products and coffee substitutes, and tea under the Galka trademark. It owns 90% of Galka Trading House LLC, and the remaining 10% is owned by Galinvest PZNFI under the management of Western Investment Group AMC.
According to the audit report, the ultimate beneficiaries of TD Galka through the Dutch company Nedinvestment B.V. are Volodymyr Pasternak – 25.42%, Yuriy Dubovoy and Yaroslav Volynets – 20.91% each, and their children Oleg and Andriy, who received 4.51% each in the period after November 2021, as well as Dutch citizen Jan Lavoie François with a 13.74% stake.
In the first quarter of 2025, TD Galka reduced its net profit by 10.2% to UAH 9.99 million, while its revenue increased by 64.2% to UAH 254.38 million.
In 2024, the company increased its net profit by 48.3% to UAH 56.65 million and its revenue by 17.2% to UAH 766.30 million.
According to its 2024 report, the parent company had five bond issues maturing in 2030-2034 with a total value of UAH 212.13 million.
The parent company’s net profit in 2024 increased by 36.2% to UAH 49.84 million, and revenue by 7.7% to UAH 86,186.3 million.
