Iltа, an official dealer of Peugeot, Citroën, DS, and Jeep, ended the January–September 2026 period with a net profit of 18.12 million UAH, which is 41.7% less than the corresponding figure for the first nine months of 2025.
According to the company’s published financial statements, its net revenue for this period increased by 10.3% to 639.12 million UAH.
Specifically, in the third quarter of this year, “Ilt” increased its net profit nearly fourfold compared to July–September 2025—to 14.8 million UAH—and significantly boosted it compared to the second quarter of this year, when this figure stood at 0.54 million UAH.
At the same time, net sales revenue decreased by 5.5% compared to the third quarter of last year—to 207 million UAH—which is also 9.2% less than the figure for the second quarter of 2026.
“Ilt” also reports that in August 2026, it commissioned a solar power plant (125 kW / 118.8 kW*peak) and an energy storage system (256 kWh) at its facility in Kyiv.
“The cost of purchasing and installing the equipment amounted to 4.289 million UAH (excluding VAT). The project was financed with funds raised under the state program ‘Affordable Loans 5-7-9%’ (in the ‘Energy Efficiency’ category),” the report states.
In addition, the company reported that the structure of its major clients is characterized by a consistently low level of diversification (a single counterparty—Sandoz LLC—accounts for 22% of the total vehicle leasing fleet), which may increase the risks of dependence on the financial condition of a single counterparty.
“Iltta” assesses competition in the industry as significant and identifies the dealerships of the ViDi Group—“ViDi Avenue” and “ViDi Elegance”—as its main competitors.
Expected revenue from signed but not yet fulfilled operating lease agreements amounts to 88.5 million UAH, while revenue from car sales agreements totals 6.2 million UAH.
Ilt LLC began operations in Ukraine in 1992 as the official importer of Peugeot vehicles, and in June 2010, it transferred its importer functions to Peugeot Citroën Ukraine LLC.
Currently, the company is the official dealer in Ukraine for Stellantis’ automotive brands—Peugeot, Citroën, DS, and Jeep—and an Opel service dealer in Kyiv and the Kyiv region. It operates two large auto centers in Kyiv—“Iltа in Pechersk” and “Iltа on Kharkivskyi Avenue”—as well as a service station, a logistics center, and spare parts warehouses.
The company provides operational leasing services for passenger and commercial vehicles, manages customer vehicles, sells new and used cars, and offers maintenance services; it also leases office space in its own seven-story office center, “Ilt Business Center.”
In 2025, “Ilt” saw its net profit decline by 15% compared to 2024—to 20.2 million UAH—and its revenue decrease by 8%—to 841.3 million UAH. Over the course of the year, the company sold 489 new and 115 used cars (compared to 582 and 109, respectively, in the previous year) and entered into operating leases for 13 cars (87 cars).
car dealer, ENERGY, Ilt, LEASING, PROFIT
Ukraine and Romania discussed the development of electricity interconnectors, the use of gas corridors, and the expansion of cooperation in the field of gas production during the first online meeting between Ukraine’s First Deputy Prime Minister and Minister of Energy Denys Shmyhal and Romania’s Minister of Energy Dumitru Căsălicea.
“The agenda included the region’s energy security and the implementation of joint energy projects,” Shmyhal wrote on his Telegram channel.
According to him, the parties focused on the development of electricity interconnectors between the countries—which would provide nearly 1 GW of additional transmission capacity—and discussed deepening bilateral cooperation in this area.
Logistical issues related to fuel supplies were also discussed. Shmyhal informed his Romanian counterpart about Ukraine’s proposals to increase the capacity of border crossing points and open new transit routes.
Particular attention was paid to the use of the Vertical and Trans-Balkan gas corridors and the development of new interconnectors. The Ukrainian side noted Romania’s role in implementing the roadmap for the Trans-Balkan route, particularly in introducing more competitive tariff conditions.
“We also count on Romanian companies’ interest in storing part of their gas in Ukrainian gas storage facilities as part of the development of the Vertical Corridor,” Shmyhal noted.
Following the meeting, the parties agreed to work together to establish cooperation between Ukrainian and Romanian companies in the field of gas production and field development.
Source: https://t.me/Denys_Smyhal/13224
OKKO Group plans to commission its 147 MW wind farm in the Volyn region by the end of this year or early next year and has begun construction of a second 190 MW wind farm in the Volyn region, according to the group’s CEO, Vasyl Danylyak.
“By the end of the year—possibly in the first quarter of 2027—we will commission the 147-MW wind farm. This project is being financed jointly with the EBRD, the IFC, and the CEB. Construction of a 190-MW wind farm has already begun nearby,” Danilyak said during the Kyiv International Economic Forum on Monday.
He noted that the construction cost of the 147-MW wind farm is approximately 200 million euros, while that of the 190-MW wind farm is 300 million euros.
Danylyak also confirmed that OKKO will commission its bioethanol plant next year.
According to OKKO’s CEO, new opportunities in the energy sector are driving the group to invest during the war.
“The war has exposed many problems in the energy system; large facilities have become vulnerable to attacks, and the absolutely correct direction for development—toward the decentralization of power generation—has been set,” Danilyak noted.
As previously reported, on June 17, 2026, the European Bank for Reconstruction and Development (EBRD) approved a decision to provide a long-term loan of up to EUR50 million to Volyn West Wind-2 LLC and Volyn West Wind-3 LLC, which are majority-owned by VI.AN Holding, part of the OKKO Group, to finance the construction and operation of a 189-MW wind farm in Ukraine.
The EBRD loan will be part of the project’s secured debt financing, which also involves the International Finance Corporation (IFC) and the Black Sea Trade and Development Bank (BSTDB).
In April 2025, the EBRD, IFC, and BSTDB announced a EUR157 million loan to the “Galnaftogaz” group for a 147-MW wind farm in the Volyn region.
OKKO had planned to launch a bioethanol plant with an investment of EUR110 million in the third quarter of 2026, but the launch had to be postponed due to delays in equipment delivery.
The OKKO Group comprises more than 10 diverse businesses in the fields of manufacturing, trade, construction, insurance, services, and other sectors. The group’s flagship company is the “Galnaftogaz” concern, which operates one of Ukraine’s largest gas station networks under the “OKKO” brand, comprising approximately 400 gas stations.
The founder and ultimate beneficiary of the group is Vitaliy Antonov.
Finland is allocating EUR5 million to support Ukraine’s energy sector and is also donating ten locomotives to assist the country’s railway infrastructure, Prime Minister Petteri Orpo announced.
“Due to Russian attacks on Ukraine’s railway infrastructure, we… are transferring 10 locomotives to Ukraine. We hope they will help keep your society moving while Russia tries to bring it to a halt. We are allocating EUR5 million to the Ukraine Energy Support Fund. This fund complements Finland’s existing support for energy resilience, providing assistance where and when it is needed,” Orpo said at a press conference with Ukrainian President Volodymyr Zelenskyy in Kyiv, according to an Interfax-Ukraine correspondent.
He also announced that Finland will provide Ukraine with mobile heating containers in December, capable of heating medium-sized hospitals or apartment buildings.
Orpo added that Finland is preparing additional support totaling EUR3 million as part of Ukraine’s recovery program and will continue to provide significant support in the form of defense equipment.
“This year, we have provided Ukraine with five defense aid packages totaling over half a billion euros. We are currently preparing 36 packages, and we are doing so in close cooperation with the Ukrainian military. And we intend to make a decision by the end of this year,” he emphasized.
Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdoğan announced the launch of a bilateral strategic partnership aimed at developing cooperation in the energy, defense, and economic sectors.
“Today, President Erdoğan and I launched the new Canada-Turkey Strategic Partnership to create significant new opportunities for our peoples,” Carney wrote on social media platform X on Thursday.
According to him, the cooperation will cover the energy sector, the extractive industries, climate initiatives, as well as security and defense issues. “We are deepening our ties to counter common threats and open new markets for our workers and businesses. This is an ambitious partnership for a safer and more prosperous future,” the Canadian prime minister emphasized.
Ukraine has close trade and economic ties with both countries: the Canada-Ukraine Free Trade Agreement (CUFTA) has been in effect since 2017 (with subsequent updates), while the free trade agreement with Turkey officially entered into force in 2026, significantly expanding access for Ukrainian goods to the markets of both strategic partners.
According to Serbian Economist, the American conservative organization CPAC (Conservative Political Action Conference), which has close ties to the U.S. Republican Party and President Donald Trump’s political circle, will hold the first CPAC Balkans conference in Belgrade from November 18 to 21, 2026. Serbian President Aleksandar Vučić will be the keynote speaker at the event.
This will be the first time the conference is held in Southeast Europe, and it will bring together conservative politicians, representatives of civil society organizations, experts, and supporters of right-wing political movements from the Balkan states. The organizers intend to discuss issues of national sovereignty, economic policy, free enterprise, traditional values, and international cooperation.
One of the central themes will be energy security in the Balkan region. According to CPAC, increased supplies of American energy resources could help diversify energy imports and reduce the Balkan states’ dependence on individual suppliers.
The organizers view the United States as a potential partner for countries in the region in ensuring energy independence. Discussion of this issue is of particular importance for Serbia, which continues to diversify its natural gas supply sources and develop energy cooperation with foreign partners.
CPAC Chairman Matt Schlapp stated that the organization welcomes the holding of the first Balkan conference in Serbia. He highlighted the role of Aleksandar Vučić in developing strategic cooperation between Belgrade and Washington and expressed satisfaction with his upcoming speech.
According to Schlapp, conservative political movements have achieved significant success in North and South America, as well as in Japan. The organizers expect that hosting CPAC Balkans will help expand the international networks of European conservative organizations.
CPAC has already held international conferences in Hungary, Japan, Brazil, Mexico, Australia, Israel, Argentina, Paraguay, Poland, the United Kingdom, and Italy. The Belgrade meeting will mark the next step in expanding the organization’s international network.
The choice of Serbia as the conference venue reflects the desire of American conservative circles to expand their political presence in the Balkans and strengthen ties with the leadership of countries in the region.
The names of the remaining participants and the detailed conference program have not yet been published. The organizers promise to release them in the coming weeks.
CPAC is not a U.S. government agency or an official body of the Republican Party, although its events are traditionally attended by leading figures from the American political right, including Donald Trump.
