The aviation industry company JSC “FED” (Kharkiv) saw its net profit decline by 44% in January–September 2026 compared to the same period in 2025—to 98.8 million UAH, while in the third quarter, this figure increased 3.2-fold compared to July–September 2025—to nearly 58 million UAH.
According to the company’s interim report published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net profit for the nine-month period rose by 23.9% to 960.4 million UAH, and in the third quarter, it doubled compared to the same period in 2025, reaching 348.8 million UAH.
In January–September, “FED” generated nearly 286.6 million UAH in gross profit, compared to 247.6 million UAH a year ago, while operating profit fell by 34.5% to 143.2 million UAH.
Retained earnings as of October 1, 2026, reached nearly 1.59 billion UAH.
The plant notes in its report that its production capacity is being utilized at 100%.
FED states that its business operations are primarily influenced by factors related to the country’s economic, social, and political challenges, including issues in the tax and financial sectors.
“Currently, the company’s main significant challenges are military aggression against Ukraine, low purchasing power among customers, and financial and economic instability in the country. All other issues are resolved through ‘dialogue’ with the relevant government agencies in the manner prescribed by law,” the report states.
FED has no unfulfilled agreements (contracts).
JSC “FED” specializes in the design, manufacture, maintenance, and repair of equipment for aviation, aerospace, and general mechanical engineering.
The average number of full-time employees as of October 1, 2026, was 963 (as of July 1—1,010).
In 2025, FED increased its net profit by 3.4% compared to 2024—to 187.6 million UAH—and its net revenue by 26.5%, to 1.05 billion UAH.
As previously reported, by the end of 2026, FED will pay shareholders 40 million UAH in dividends, amounting to nearly 5,150 UAH per share. More than 98% of the shares in JSC “FED” are held by the company’s director, Viktor Popov.
PJSC “Kharkiv Tile Plant” (KTP) reported a net profit of 33 million UAH for January–September 2026, which is 2.2 times less than in the same period last year, while in the first half of the year it reported 20 million UAH.
According to the company’s report filed with the National Securities and Stock Market Commission (NSSMC), based on figures for the first six and nine months of 2026, net profit in the third quarter amounted to 13 million UAH, which is 2.2 times less than in the third quarter of last year.
Kharkiv Plant’s revenue for the first nine months of 2026 decreased by 11.2%, to 920.3 million UAH. In the first half of 2026, the company’s revenue decreased by 18.7% compared to the first half of 2025, to 506.2 million UAH; accordingly, in the third quarter, revenue decreased by 0.08% and amounted to 414.1 million UAH.
The company’s gross profit for January–September 2026 decreased by 54.7% compared to January–September 2025, to 119.3 million UAH, while profit from operating activities decreased by 55.7%, to 43.6 million UAH.
The company’s retained earnings for the nine-month period decreased by 1.3% to 1.29 billion UAH. Long-term liabilities during the reporting period decreased by 30.1% to 62.4 million UAH, while current liabilities increased by 2.1% to 1 billion UAH. The company’s assets decreased by 0.9% to 2.38 billion UAH.
According to the report, the Kharkiv Tile Plant produced 1.6 million square meters of ceramic tile worth UAH 324.9 million in January–September 2026. During this period, the company sold 1.6 million square meters of products worth UAH 329.8 million.
Based on figures for the first six months of 2026, in the third quarter the company produced 178,700 square meters of ceramic tile worth 15.8 million hryvnias and sold 315,000 square meters of products worth 26.6 million hryvnias. It is noted that currently, out of eight continuous conveyor lines, only two are in constant operation, while two others were operating temporarily.
According to the National Securities and Stock Market Commission (NSSMC), as of September 2026, the company’s main shareholder is “Golden Tile Ceramic Group” LLC (98.4%). The ultimate beneficiary of Kharkiv Tile Plant (KTP) is Valentin Shevetovsky.
Kharkiv Tile Plant (KTP), Ukraine’s largest tile manufacturer, began operations in 1946. It is part of the “Golden Tile Ceramic Group” (Kyiv), established in 2008, which also includes “Shakhtobud Production Association” LLC (Verolyubivka, Donetsk Oblast), “Maidan-Vilsky Quarry” LLC, “Maidan-Vilsky Refractory Plant” LLC (both in Khmelnytskyi Oblast), and “Golden Tile” LLC (Kyiv, the exclusive distributor of Kharkiv Tile Plant). The company’s total production capacity is 24 million square meters of products per year.
JSC “Ukrenergomashiny” (Kharkiv) ended the January–June 2026 period with a net profit of 6.46 million UAH, while for the same period in 2025, this figure stood at 0.5 million UAH.
According to the company’s financial report, published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), net sales revenue increased by 35.5% to 635.1 million UAH.
The plant generated 0.1 million UAH in operating profit (compared to 13.8 million UAH last year), and gross profit increased by 68.7% to 237.4 million UAH.
Retained earnings as of the end of the first half of the year amounted to 2.669 billion UAH.
As previously reported, in the first quarter of this year, “Ukrenergomashiny” reported a net profit of 0.74 million UAH (compared to 0.25 million UAH for the same period in 2025), driven by a 27.4% increase in net revenue to 287.1 million UAH.
According to the report, total exports in January–June amounted to 13.8 million UAH (4.5% of sales volume).
The main foreign customers were the “Eurasian Energy Corporation” (Kazakhstan) and “Tajik SGEM” (Tajikistan), while the main Ukrainian customers were “NAEK Energoatom” and “Ukrhydroenergo”; SNVO “Impuls”; “Ukrzaliznytsia,” “Mykolaiv Diesel Locomotive Repair Plant,” “Kryukiv Railway Car Building Works,” “DTRZ,” “TATRA-YUG,” “ArcelorMittal Kryvyi Rih,” and “NVK ‘ISKRA.’”
The company identifies its main competitors as the foreign firms Andritz (Austria), Voith (Germany), General Electric (U.S.), and Bharat Heavy Electric Ltd. (India).
“Ukrenergomashiny” notes that the total planned capital investment for 2026 amounts to 60 million UAH, and the actual disbursement of funds for the second quarter was 2.54 million UAH, including 0.53 million UAH for the purchase of new equipment and 0.7 million UAH for installation work and equipment modernization. Funding will be provided from the company’s own resources.
JSC “Ukrenergomashiny,” more than 75.22% of whose shares are owned by the state, is Ukraine’s sole manufacturer of turbine equipment for hydroelectric, thermal, and nuclear power plants. It also manufactures electric motors for rail and urban transit.
The average number of full-time employees as of July 1 of this year was 2,687.
In 2025, the company increased its net revenue by nearly 33% compared to 2024—to 1.06 billion UAH—and its net profit by a factor of 3.5, to 3.07 million UAH.
The aviation industry enterprise FED JSC (Kharkiv) reduced its net profit 3.9-fold in January-June 2026 compared with the first half of 2025, to UAH 40.8 million.
According to the company’s interim report published in the disclosure system of the National Securities and Stock Market Commission, its net revenue increased slightly, by 1.7%, to UAH 611.6 million.
FED posted almost UAH 153 million in gross profit, compared with UAH 181.7 million a year earlier, while operating profit fell 2.8-fold to UAH 70.3 million.
Retained earnings exceeded UAH 1.53 billion as of July 1, 2026.
“The main risks in the company’s operations are associated with a significant increase in prices for electricity, gas and other resources. Martial law is also in effect in our country, forcing the company to operate under force majeure conditions,” the report states.
As reported, in the first quarter of 2026, the company’s net profit fell 6.7-fold compared with the same period of 2025, to UAH 17 million, amid a 10% increase in net revenue to UAH 336.6 million.
FED JSC specializes in the development, production, servicing and repair of components for aviation, space and general engineering purposes.
The average number of full-time employees as of July 1, 2026, was 1,010.
In 2025, FED increased its net profit by 3.4% compared with 2024, to UAH 187.6 million, while net revenue rose by 26.5% to UAH 1.05 billion.
As reported, by the end of this year, FED will pay shareholders UAH 40 million in dividends, equivalent to almost UAH 5,150 per share. More than 98% of FED JSC shares are owned by the company’s director, Viktor Popov.
According to Serbian Economist, the Ukrainian documentary “Night Shift,” directed by Megumi Lim, has been selected for the competition program of the 39th Herceg Novi Film Festival, which will take place in Montenegro from August 22 to 28, 2026.
The festival’s documentary section will feature 26 films by filmmakers from various countries. Of these, 24 films will compete for the “Golden Mimosa” award, while two others will be screened out of competition. Screenings of the documentary program will take place from August 23 to 27 in the courtyard of writer Ivo Andrić’s house.
Ukraine will be represented by the film *Night Shift*, shot in 2025. Its director is Megumi Lim, a documentary filmmaker and journalist based in Kyiv who previously worked with international media outlets in Japan and China.
The 29-minute film tells the story of people who continue to work in Kharkiv during the nighttime curfew. The film’s protagonists are employees of public services and businesses who keep the city functioning amid regular Russian attacks. The filmmakers show how the war has changed Kharkiv’s nightlife and how residents maintain their usual rhythm despite the threats.
“Night Shift” marks Megumi Lim’s debut short documentary. In 2025, the film won the Audience Choice Award at the Kyiv International Short Film Festival and was also screened at several international film festivals.
The festival program in Herceg Novi also features documentaries from the United States, Norway, Greenland, Chad, Palestine, Slovenia, Bosnia and Herzegovina, Germany, Iran, the United Kingdom, Azerbaijan, Finland, France, Spain, Switzerland, Portugal, Colombia, Serbia, Georgia, Sweden, and Montenegro.
Vladimir Perović, the documentary program’s selector, noted that this year’s program focuses on the war in Ukraine, the situations in Palestine and Bosnia, climate change, the legacy of colonialism, historical memory, the status of women, and the challenges of coming of age.
The festival will take place under the slogan “All the Colors of Cinema” at several venues in Herceg Novi. In addition to the documentary section, the program includes regional feature-length films, European cinema, student films, television series, and events for film industry professionals.
The “Chervona Zirka” Chemical and Pharmaceutical Plant (Kharkiv) produced goods worth 546.883 M UAH in 2025 and sold goods worth 526.744 M UAH.
According to a report published on the company’s website, the cost of goods sold in 2025 amounted to 213.733 million UAH.
The company reported that 96.4% of its output consisted of pharmaceutical products in the form of tablets, capsules, ointments, and tinctures.
Meanwhile, production of perfumes and cosmetics, which accounted for 2.9% of total sales, amounted to 15.121 million UAH.
“Despite the difficult times our country is facing, the company operated as usual in two shifts, with production capacity utilized at 67%. Currently, the company has increased its production and sales volumes compared to the pre-war period. Sales of finished products were primarily conducted on a credit basis, sometimes with payment terms of up to 60 days or on a prepayment basis. Sales volumes for the reporting year amounted to approximately 44 million UAH per month. “The share of the Ukrainian market is up to 2%; there were no exports in 2025,” the company’s report states.
“Chervona Zirka Chemical and Pharmaceutical Plant is a Ukrainian manufacturer of pharmaceuticals, therapeutic cosmetics, and dietary supplements.
According to data from the OpenDataBot system, the company’s net profit for 2024 was 24.063 million UAH, which is 64% more than in 2023.
The company’s ultimate beneficiary is Olena Galkina.
KHARKIV, MANUFACTURING, MEDICATION, PHARMACEUTICALS, Червона зірка
