PJSC Ukrainian Graphite (Ukrgraphite, Zaporizhia) is establishing new logistics routes to optimize risks, allowing it to plan the timely delivery of raw materials and consumables to the enterprise and finished products to end consumers.
According to the interim management report, one of the problematic issues is the shortage of qualified workers and engineering personnel involved in the continuous cycle of metallurgical production. This is primarily due to the mobilization of workers, the departure of women with children abroad, and internal migration within the country.
“Despite everything, we continue to work, accept orders, manufacture products, upgrade production facilities, pay taxes, and provide resources for the restoration of Ukraine,” the report states.
It also notes that Ukrgrafit continues to manufacture products in wartime conditions and, in particular, in the context of the difficult situation in Ukraine’s energy sector and high energy prices, which requires additional measures to improve energy efficiency for the uninterrupted operation of the enterprise. This involves work to modernize the mixing and pressing section (introduction of an electrically heated mixing machine and restoration of the operability of the electrode mass production line for the manufacture of carbonizers), as well as the modernization of the impregnation section – the purchase and commissioning of a new vacuum unit, which will ensure the stable operation of autoclaves in achieving a deep vacuum and contribute to reducing vacuum oil consumption.
In addition, the graphitization section is being modernized – modernization of the mobile pneumatic unit, which improves the reliability of the unit, increases the intervals between repairs and reduces downtime. The company is also updating its technical accounting system for electrical energy, automating the systems for monitoring electrical energy consumption by the company’s divisions (consumer workshops) in production processes. In addition, the schedule for the operation of technological equipment and consumption management is being optimized.
As reported, Ukrgrafit increased its net loss by 56.7% in January-September 2025 compared to the same period last year, to UAH 185.076 million. Net income for this period decreased by 9.8% to UAH 973.915 million.
Ukrgrafit ended 2024 with a net loss of UAH 202.447 million, while in 2023 it increased its net profit by 2.34 times compared to 2022, to UAH 122.920 million.
Ukrgrafit is a leading Ukrainian manufacturer of graphite electrodes for electric steel melting, ore-thermal, and other types of electric furnaces, commercial carbon masses for Söderberg electrodes, and carbon-based refractory materials for metallurgical, machine-building, chemical, and other industrial complexes.
According to the National Depository of Ukraine (NDU) for the first quarter of 2025, Intergraphite Holdings Company Limited (Malta) owns 23.9841% of the private joint-stock company, and C6 Safe Group Limited (Cyprus) owns 72.0394%.
The authorized capital of the private joint-stock company is UAH 233.959 million, and the par value of a share is UAH 3.35.
