For the first time in its history, Ukrnafta received million-dollar dividends in 2023 from the transportation and production company Naftotransservice and the security firm Security, in which it holds a 49.9% stake.
“The general meeting of shareholders of Naftotransservice LLC decided to pay dividends for 2020, 2021, 2022 – a total of about UAH 6.3 million. As for Security LLC, it is almost UAH 14 million for the same period plus for the first nine months of 2023,” the company said, citing Serhiy Koretsky, Ukrnafta’s CEO.
Thus, the total revenue exceeded UAH 20 million.
The next dividend payment for 2023 is expected in February 2024 from both companies.
“These are the first funds from the results of their operations since 2020,” the company emphasized.
“Ukrnafta is the largest oil company in Ukraine, which operates a national network of 537 filling stations, of which 456 are operational.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. On November 5, 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense, to the state.
