Business news from Ukraine

Business news from Ukraine

Podillya PJSC will pay UAH 600 mln in dividends for first three quarters of 2025

PrJSC “Food Company ‘Podillya’”, which is part of the “Ukrprominvest-Agro” (UPI AGRO) group of companies, will allocate part of its undistributed profit in the amount of UAH 600 million to pay dividends based on its performance for the first three quarters of 2025.

According to a report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the sole shareholder of Ukrprominvest-Agro has decided to carry out a partial distribution and payment of dividends from the company’s undistributed net profit for the first three quarters of 2025 in the amount of UAH 600 million, calculated at UAH 60,000 per ordinary share.

The shareholder ordered to compile a list of persons entitled to receive dividends by October 28, 2025, and to pay dividends directly to them within 6 months from the date of the decision, i.e., by April 30, 2026.
The NSSMC also announced that, by decision of the sole shareholder for 2023, shareholders of PJSC “Food Company ”Podillya” will be paid UAH 600 million in dividends based on the calculation for 2023.

PrJSC “Food Company ‘Podillya’ is part of the agricultural holding ”Ukrprominvest-Agro.” The company owns a land bank of 51,000 hectares. It specializes in growing sugar beets, wheat, corn, barley, as well as pig breeding (21,000 heads) and keeps 3,000 head of cattle. It has a grain storage facility with a capacity of about 60,000 tons. The company employs 5,500 people.

Ukrprominvest-Agro is engaged in the cultivation of agricultural crops, the production of sugar, flour, meat, and dairy farming. The group’s land bank exceeds 116,500 hectares. The agricultural holding is located mainly in regions that have not been invaded by Russian occupiers.

The group’s sugar business is represented by two sugar factories in the Vinnytsia region. The total elevator capacity for storing agricultural crops is 120,000 tons.

Ukrprominvest-Agro includes Agroprodinvest Group LLC, PK Podillya PJSC, PK Zorya Podillya LLC, Vinnytsia Bread Products Plant No. 2 LLC, Dniproagrolan AF, Ivankivtsi AF, Mas-Agro LLC, Pravoberezhne LLC, and Progress-NT LLC.

Since December 2019, the owner of the agricultural holding has been Oleksiy Poroshenko, the son of the former president of Ukraine.

PrJSC Podillya will pay UAH 600 million in dividends for the first three quarters of 2025

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Oranta shareholders plan to allocate UAH 20.3 mln for dividends in 2024

Shareholders of PJSC National Joint Stock Insurance Company Oranta (Kyiv) plan to allocate part of the undistributed profit for 2024 in the amount of UAH 20.333 million to pay dividends.

According to the draft decisions of the company’s shareholders’ meeting scheduled for December 5, 2025, which are posted on the NSSMC’s information disclosure system, it is also planned to approve the amount of dividends per one ordinary registered share in the amount of UAH 0.10 and to determine that the payment of dividends will be carried out through the depository system of Ukraine in the manner established by the supervisory board of NASK Oranta.

As reported, in 2024, NASK Oranta increased its premium income by 54% to UAH 2.35 billion compared to the same period in 2023, while the volume of payments increased by 22% to UAH 155.2 million.

Over the past year, the company paid out UAH 657 million in compensation, which is 25% more than in 2023. The increase in payments is due to the growth of the portfolio and the number of settled insurance events. Thus, UAH 487 million (+34%) was paid out under MTPL policies, and UAH 99 million under Green Card agreements. The volume of premiums from legal entities increased by 26% last year.

The insurer’s profit amounted to UAH 157 million, and insurance reserves grew by 44% to UAH 1.35 billion, ensuring the insurer’s financial reliability.

NASK Oranta is the successor to Ukrderzhstrakh, founded on November 25, 1921, and has been operating in Ukraine for over 100 years.

The insurer’s main shareholder is the Ukrainian business group DCH.

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IMC to pay shareholders €12.4 mln in interim dividends

Agroholding IMC (IMC S.A.) will pay the company’s shareholders interim dividends for 2025 totaling EUR12.43 million, according to the company’s website.

According to the decision of the IMC Board of Directors, interim dividends of EUR0.35 per share will be paid on November 27, 2025, to shareholders who were registered as of November 20 of this year.

“Luxembourg personal income tax at a rate of 15% will be withheld from the dividends. Dividends will be paid in euros,” the agricultural holding added.

The chairman of the board of directors, reporting to the supervisory board, specified that for the period from January 1, 2025, to September 30, 2025, IMC received a profit of EUR 31.89 million. At the same time, the profit carried forward to subsequent periods amounted to EUR 7.34 million, issue income – EUR 17.84 million, interim dividends – EUR 22.37 million. The amount to be distributed may not exceed EUR 34.7 million.

“The Board of Directors intends to declare interim dividends totaling EUR 12.43 million (i.e., EUR 0.35 per share), which will be distributed equally among the company’s shareholders in proportion to their number of shares on the distribution date,” the statement said.

Agroholding “IMK” is an integrated group of companies operating in the Sumy, Poltava, and Chernihiv regions (northern and central Ukraine) in the segments of crop production, elevators, and warehouses. The land bank is 116,000 hectares, storage capacity is 554,000 tons, and the 2024 harvest is 864,000 tons.

IMK ended 2024 with a net profit of $54.54 million, compared to a net loss of $21.03 million in 2023. Revenue increased by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25-fold to $86.11 million.

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VUSO Insurance Company may allocate over UAH 20 mln for dividend payments

At a meeting to be held from November 27 to December 4, shareholders of IC “VUSO” (Kyiv) plan to decide on the allocation of UAH 20.013 million of confirmed undistributed profit for 2024 to dividend payments.

As reported by the company in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining profit for 2024 in the amount of UAH 98.811 million is planned to be left undistributed.

The company also reports that the net confirmed undistributed profit for 2024 amounts to UAH 118.824 million.

The agenda of the meeting states that dividends will be paid at a rate of UAH 0.73 per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant decision by the general meeting of shareholders.

VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine and the Ukrainian Financial Services Association, a participant in the Agreement on Direct Settlement of Claims, and a member of the Nuclear Insurance Pool.

In 2024, the company collected UAH 3.462 billion in gross premiums, which is 29.3% more than in 2023, the company’s net premiums increased by 25.55% to UAH 3.105 billion, and net earned premiums increased by 15.83% to UAH 2.737 billion.

In 2024, VUSO Insurance Company paid out UAH 1.414 billion to its clients, which is 45.40% higher than the amount of insurance payments and reimbursements in 2023. Thus, the payout ratio increased by 4.52 percentage points (pp) to 40.85%.

As of January 1, 2025, the insurer’s assets increased by 25.76% to UAH 1.917 billion, equity capital by 22.45% to UAH 755.839 million, liabilities increased by 28.01% to UAH 1.161 billion, cash and cash equivalents increased by 36.09% to UAH 758.730 million.

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Stalkanat plans to allocate over UAH 2 mln in profits to dividends

Shareholders of PJSC “Production Association ”Stalkanat” (Odesa) intend to allocate UAH 2 million 86,615 thousand for dividend payments at a rate of UAH 0.01 per share from the 2024 profit.

According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), an extraordinary shareholders’ meeting is scheduled for November 21 of this year.

This decision was made by the company’s supervisory board on November 4.

There is one item on the agenda: a decision on the payment of dividends. It is proposed to pay dividends from part of the net profit for 2024 in the amount of UAH 2 million 86 thousand 615.06 at the rate of UAH 0.01 per share by direct payment to shareholders by May 21, 2026. The payment will be made directly to the shareholders’ accounts.

As reported, Stalkanat has previously decided several times to pay dividends to shareholders from the 2024 profit.

In 2024, Stalkanat reduced its net profit by 34% compared to the previous year, from UAH 280.060 million to UAH 184.808 million, but increased its net income by 33.3% to UAH 4 billion 436.786 million. Retained earnings for 2024 amounted to UAH 437.815 million.

Stalkanat is one of the largest manufacturers of steel ropes and reinforcement strands in Eastern Europe. It is the leader in the production of metal products in Ukraine.

According to the NDU data for the first quarter of 2025, David Nemirovsky owns 50% of the company’s shares, Anton Mikhalenko (non-resident) – 23.7%, and Maria Kondratyuk – 23.1%. The company previously reported that Vitaliy Dubovich owns 3.199998% of its shares.

The authorized capital of PJSC Stalkanat currently amounts to UAH 35.472 million, with a share par value of UAH 0.17.

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AB Stolichny will pay shareholders UAH 21.5 mln in dividends

Shareholders of PJSC Asphalt Concrete Plant AB Stolichny (Kyiv) have decided to pay dividends in the amount of UAH 21.5 million.

According to the company’s disclosure in the information disclosure system of the National Securities and Stock Market Commission of Ukraine (NSSMC), dividends will be paid in full through the depository system from November 13 to December 30, 2025, inclusive.

The dividend per share is UAH 0.3.
According to the company, its net profit in 2024 was UAH 1.7 million, compared to UAH 32.2 million in the previous year. At the same time, the company’s revenue grew by 42.5% and reached UAH 403.4 million.

According to information in the Opendatabot system, in the first quarter of 2025, AB Stolychny received UAH 66.8 million in revenue and UAH 7.1 million in net losses.
The shareholders of AB Stolychny are TAS Asset Management LLC (77.3%) and Serhiy Tihipko (22.6%), according to the company’s report in the NSSMC system.

AB Stolychny was established in 2004 on the basis of the Reinforced Concrete and Concrete Products Plant (until 1997 – the Concrete Products Plant municipal enterprise). It specializes in the production of asphalt concrete mix for road construction and major repairs, and also produces reinforced concrete structures for underground passages, collectors, and other engineering and communication facilities for road construction.

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