Business news from Ukraine

Business news from Ukraine

EBRD plans to approve loan of up to EUR 15 mln for Kharkiv

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.

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Kharkiv Feed Mill to Hold Shareholders’ Meeting on April 28

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.

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Kharkiv Biscuit Factory has scheduled shareholders’ meeting for April 29

According to Fixygen, PJSC “Kharkiv Biscuit Factory” will hold a remote shareholders’ meeting on April 29, 2026. The agenda includes financial results, financial statements, and management decisions.

The factory is part of the Biscuit-Chocolate Corporation, one of Ukraine’s largest confectionery holdings. The group’s key beneficiaries are Alla Kovalenko and entities associated with her.

Control of the company is concentrated among private shareholders, with the major shareholders holding more than 50%.

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Kharkiv-based “Svitlo Shakhtaria” plant will not distribute its 2025 profits

JSC “Kharkiv Machine-Building Plant ”Svitlo Shakhtaria,” which is part of DTEK Energy’s machine-building assets, plans not to distribute the profit earned in 2025, according to information included in the agenda for the company’s general meeting of shareholders on April 27, published in the NSSMC’s information disclosure system.

“The profit earned based on the company’s performance in 2025 shall not be distributed,” states the draft resolution on this matter.

As previously reported, the shareholders also decided not to distribute the profit for 2024.

The amount of net profit earned by the company in 2025 is not specified in the notice; however, according to data from the YouControl project, it amounted to UAH 89.57 million—5.3 times less than the 2024 figure.

Retained earnings as of the beginning of this year amounted to UAH 575 million.

At the meeting, shareholders plan, in particular, to appoint Standard-Audit LLC as the auditor of the financial statements for 2026 and 2027 and to set the cost of its services at no more than UAH 169,500 per year (excluding VAT).

The plant’s main specialization includes scraper conveyors, loaders, coal mining combines, and underground transformer substations.

According to YouControl, the plant’s revenue decreased by 17.6% last year compared to 2024, down to UAH 1.57 billion.

“DTEK Energo” is an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s “DTEK” holding.

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JSC “Kharkiv Electrical Installation Products Plant” will hold shareholders’ meeting on April 9

According to Fixygen, JSC “Kharkiv Electrical Installation Products Plant” will hold a general meeting of shareholders on April 9, 2026. Information about the meeting on this date has been published on the issuer’s corporate website.

JSC “Kharkiv Electrical Installation Products Plant” was registered in January 1994. According to the registry, the company is located in Kharkiv, and its director is Anatoliy Konik.

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Carlsberg Ukraine to close branches in Kharkiv, Odesa, and Donetsk

Carlsberg Ukraine (Zaporizhia), a producer of beer, non-alcoholic and alcoholic beverages, is closing its offices in Kharkiv, Odesa, and Donetsk, the company reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).

According to the report, the company’s supervisory board made the decision on February 25, 2026.

The reasons given for the liquidation of the divisions are the lack of need for their further operation, lack of personnel, management, and property. In addition, the representative offices did not actually carry out activities corresponding to the purpose of their creation.

The functions of these separate divisions were to protect and represent the company’s interests in the respective regions.

According to data from Opendatabot, Carlsberg Ukraine increased its revenue by 15.5% to UAH 12.488 billion in 2024, net profit by 19.4% to UAH 2.18 billion, debt obligations by 34.9% to UAH 5.11 billion, and assets by 33.1% to UAH 13.84 billion. The company currently employs 1,310 people.

The closure of Carlsberg Ukraine’s separate representative offices does not mean a reduction or curtailment of the company’s activities in the regions.

The separate representative offices were established in the early 2000s during a period of active investment in production facilities in Kyiv, Lviv, and Zaporizhzhia. Today, given current operating models, there is no need to maintain separate legal representative structures.

At the same time, Carlsberg Ukraine continues to operate throughout Ukraine. Our production sites in Kyiv, Lviv, and Zaporizhzhia are operating as usual. The sales teams continue to ensure the company’s full presence in all regions of the country, providing continuous service to partners and customers.

The change in the number of representative offices does not affect the company’s strategic course for development and investment in Ukraine. Since the start of the full-scale invasion, the Carlsberg Group has already invested nearly DKK 400 million to support operational stability and the development of Ukrainian business. The company remains consistent in its long-term presence in the country.

We are transforming to work more efficiently, but we remain a reliable employer, a responsible business, and one of the largest taxpayers in Ukraine.

Carlsberg Ukraine is part of the Carlsberg Group, one of the world’s leading brewery groups with a broad portfolio of beer, cider, and non-alcoholic beverage brands. In Ukraine, we represent such brands as Lvivske, Carlsberg, Grimbergen, Kronenbourg 1664, Arsenal, Kvas Taras, Somersby, Battery, Seth&Riley’s Garage, and others. The Carlsberg Group began operations in Ukraine in 1996 and has been one of the largest international investors in the FMCG sector year after year, providing jobs for more than 1,400 people at breweries in Kyiv, Lviv, and Zaporizhia, and more than 23,000 jobs in related industries (agriculture, retail, hotel and restaurant business, media, logistics, etc.). During the full-scale war in Ukraine, Carlsberg Group decided to cease its business in Russia and exit the market. With the support of the Carlsberg Group, Carlsberg Ukraine has implemented more than 50 humanitarian projects worth over UAH 530 million, including the production of drinking water to meet the needs of the population.

More detailed information is available on the website https://carlsbergukraine.com/.

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