Business news from Ukraine

Business news from Ukraine

Zaporizhzhia Reinforced Concrete Sleeper Plant Will Be Converted into LLC

25 May , 2026  

JSC “Zaporizhzhia Reinforced Concrete Sleeper Plant” (ZRCS) will be converted into a limited liability company (LLC), the company announced in the disclosure system of the National Securities and Stock Market Commission (NSSMC).

The decision was adopted by the general meeting of shareholders on April 20.
ZZBS manufactures reinforced concrete products for railways, including railroad ties and switch beams.

According to NSSMC data for the first quarter of 2026, 20% of the company’s authorized capital is owned by Cyprus-registered Darinor Enterprises and Jonen Capital; stakes of more than 5%, 11.4%, and 10% are held, respectively, by Dnipro City Council deputy Zagid Krasnov and his sons Ruslan and Artem.
Other shareholders include Serhiy Taranenko, chairman of the board of the Dnipro Switch Plant (nearly 10%), Iryna Taranenko (8.9%), and two other individuals, each holding stakes of more than 7%.

The company is part of the Krasnov family’s corporate group (as is the switch manufacturer Dnipro Switch Plant).
The agenda of the general meeting of shareholders held on April 20 also included a review of the 2025 performance results; specifically, it was planned to retain the earned profit of UAH 30 million, allocating it to production development, replenishing working capital, and covering losses from previous years.

In 2025, ZZZSH increased its net revenue by 44%—to UAH 152.4 million—while net profit rose 2.4-fold.

,