Business news from Ukraine

Business news from Ukraine

Ukrenergomashiny to Allocate 75% of Its 2025 Profit to Dividends

24 March , 2026  

JSC “Ukrenergomashiny” (Kharkiv), more than 75.22% of which is owned by the state, plans to allocate nearly UAH 2.305 million, or 75% of its net profit, to dividend payments based on its 2025 performance, according to a draft resolution of the general meeting of shareholders.

According to a notice of the meeting posted on the National Securities and Stock Market Commission’s disclosure system on April 23 of this year, the remaining 25% of the profit is planned to be retained as undistributed.

“Ukrenergomashiny” does not specify the amount of net profit earned last year, but according to calculations, it exceeded 3 million UAH.

As reported, last year the company paid dividends to shareholders for 2024 totaling UAH 0.66 million (or, in accordance with the state dividend policy, 75% of the net profit earned in the amount of UAH 0.88 million) at a rate of UAH 0.00156 per share with a par value of UAH 0.25.

At the meeting, shareholders plan, in particular, to approve the company’s main areas of activity for the current year and to ratify agreements with TAScombank.

JSC “Ukrenergomashiny” (formerly JSC ‘Turboatom’ and “Elektrovazhmash”) is Ukraine’s sole manufacturer of turbine equipment for hydroelectric, thermal, and nuclear power plants. It also manufactures, among other things, electric motors for rail and urban transport (the “Elektrovazhmash” product line).

In addition to the state, the company’s shareholders (according to the NSSMC as of the fourth quarter of 2025) include the “Seventh” investment fund, managed by the asset management company “Svarog Asset Management” and associated with entrepreneur Kostyantyn Hryhoryshyn, holding 15.3416% of the shares, non-resident Valery Valandin – 5.598% of shares.

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