Business news from Ukraine

Business news from Ukraine

Viking Development Issues 100 Million UAH in Bonds

15 April , 2026  

The National Securities and Stock Market Commission (NSSMC) has registered the issuance of registered corporate bonds (Series “A”) by Viking Park LLC (Lviv) in the amount of 100 million UAH.

According to the prospectus published by the company in the NSSMC’s information disclosure system, the placement of the bonds via a public offering will run from April 16 to April 30, 2026.

The face value of the bonds is UAH 1,000, with a total value of UAH 100 million.

The placement is organized by Univer Capital LLC.

According to the company’s website, Viking Park LLC conducts development activities under the Viking Development brand. Its portfolio includes over 30,000 square meters of completed housing in Lviv. Among its projects are the Viking Park, Viking Hills, Viking Gardens, and Helga residential complexes. According to information on the “LUN” real estate portal, since 2019 the developer has commissioned 13 buildings within two complexes, and another nine buildings in three residential complexes are currently under construction.

According to data from the YouControl analytical system, the owners of Viking Park LLC are listed as Teplokom LLC (88%) and ZNVKIF “Mira-Capital” JSC (12%). The ultimate beneficiary is Ernest Ishchuk.

As of the end of 2025, the company increased its net profit by 4.4% to 4.8 million UAH, while net revenue decreased by 18.4% to 168.7 million UAH. Assets nearly doubled to 1.8 billion UAH.