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
The European Bank for Reconstruction and Development (EBRD) has approved a EUR15 million senior loan for Kharkiv to restore its centralized heating system, backed by a EUR17 million grant from the European Union, the bank announced on its website.
“The loan is part of a broader financing package that also includes a EUR17 million investment grant from the European Union. Given the risks posed by the war, the loan will also receive a partial guarantee from the EU based on first-loss coverage,” the statement said, noting that the project is awaiting final approval.
The loan and EU grant funds will finance the purchase of up to 22 small and medium-sized modular natural gas-fired boiler plants, along with cogeneration units, as well as five small cogeneration units in existing boiler plants.
The project’s implementation will restore centralized heat supply services, which were interrupted in February 2026 following critical damage to Kharkiv Combined Heat and Power Plant No. 5. The total annual reduction in greenhouse gas emissions from the project is estimated at 19,091 metric tons of CO2-eq.
CHP-5, EBRD, EU, heat supply, KHARKIV
The Adidas sports brand has returned to Kharkiv after a four-year hiatus; a discount store has opened at 199 Heroiv Kharkiva Street, according to a post on LinkedIn by Igor Marinich, CEO of Adidas Ukraine.
“After four years in a ‘frozen’ state since the start of the full-scale war, we are once again opening our doors to all our customers and athletes in our wonderful, athletic, incredibly brave, and Ukrainian city of heroes—Kharkiv!” he wrote.
Marinich also emphasized that the safety of employees and customers remains a key priority for the company.
As reported, in February 2024, Adidas closed all its retail locations in Ukraine due to the security situation, but began restoring the network’s operations as early as July 2022. In Kharkiv, the brand’s stores had previously also operated in the “Karavan” and “Dafi” shopping centers.
In Ukraine, the chain is managed by the state-owned enterprise “Adidas-Ukraine,” which is owned by Adidas AG. According to OpenDataBot, by the end of 2025, the company increased its revenue by 28% to 2,996,893,000 UAH, while net profit halved to 43.310 million UAH in 2025 compared to 94.205 million UAH in 2024.
JSC “Ukrenergomashiny” (Kharkiv), more than 75.22% of which is owned by the state, will pay out nearly UAH 2,305,000 (or 75% of its net profit) between October 1 and 29 of this year based on its 2025 performance.
According to a notice published in the disclosure system of the National Securities and Stock Market Commission, the relevant decision was adopted by the general meeting of shareholders on April 29, and on June 10, a list of persons entitled to receive dividends, as well as the procedure and deadline for their payment, was drawn up.
Dividends will be paid at a rate of 0.0055 UAH per share with a par value of 0.25 UAH.
As reported, UAH 1.73 million in dividends will be paid to the state-owned share.
JSC “Ukrenergomashiny” (formerly JSC ‘Turboatom’ and “Elektrovazhmash”) is Ukraine’s sole manufacturer of turbine equipment for hydroelectric, thermal, and nuclear power plants. It also manufactures, among other things, electric motors for rail and urban transport (the “Elektrovazhmash” product line).
In 2025, the company increased its net sales revenue by 32.9% compared to 2024—to UAH 1.06 billion, while net profit increased 3.5-fold—to UAH 3.07 million.
In addition to the state, the company’s shareholders (according to the NSSMC as of the first quarter of 2026) include the “Seventh” investment fund—managed by the asset management company “Svarog Asset Management” and linked to entrepreneur Kostyantyn Hryhoryshyn—holding 15.3416% of the shares, non-resident Valery Valandin – 5.598% of shares.
DIVIDENDS, KHARKIV, power machinery manufacturing, STATE, Укрэнергомашины
On June 12, the European Bank for Reconstruction and Development (EBRD) plans to approve a loan of up to EUR 15 million for Kharkiv to restore heat supply following critical damage in February 2026 to the city’s largest combined heat and power plant, CHPP-5.
According to the bank’s materials, the financing is planned to be used to purchase up to 22 small and medium-sized modular gas-fired boiler houses with cogeneration units, as well as five small cogeneration units for existing boiler houses.
The loan is part of a broader EUR32 million package, which also includes an investment grant from the European Union (EU) of up to EUR17 million.
Given the war risks, the EBRD loan is also expected to receive a partial EU guarantee to cover first-loss risk.
According to the EBRD’s estimates, the project will reduce greenhouse gas emissions by 19,100 metric tons of CO2 equivalent per year.
It is noted that the project is expected to restore access to basic heat supply services for a broad and vulnerable group of consumers, including 99,300 residents—more than 16,500 of whom are internally displaced persons (IDPs)—as well as 23 educational institutions and seven medical facilities.
According to the EBRD, as of early 2026, 212,000 IDPs were officially registered in Kharkiv.
The project is being implemented under the Resilience and Livelihoods Facility (RLF) program.
EBRD, EU, heat supply, KHARKIV, TPP-5
According to Fixygen, Kharkiv Feed Mill will hold its annual general meeting of shareholders on April 28, 2026, via remote participation. The main agenda items include approval of the financial statements and operating results for 2025, as well as other corporate governance decisions.
The plant operates in the agro-industrial sector and specializes in the production of compound feed for livestock and poultry farming.
Companies in this sector are heavily dependent on grain prices, logistics, and the state of the meat and poultry market. According to publicly available data, the company is controlled by private Ukrainian shareholders.
