Last year, the forestry industry received UAH 6.9 billion in net profit, which is UAH 4.4 billion more than in 2024. This was announced by Viktor Smal, head of the State Forestry Agency, during the annual public report for 2025.
“In 2025, timber worth UAH 30.4 billion was sold, which is UAH 6.7 billion more than last year. The net profit of the industry amounted to UAH 6.9 billion, which is UAH 4.4 billion more than in 2024,” said the head of the State Forestry Agency.
Thus, the growth in profit significantly outpaced the growth in revenue.
The State Forestry Agency believes that this result was achieved thanks to the reforms and digitalization of the industry, even despite the fact that during the war there was a reduction in the areas available for management.
“Before the reform in 2020, when there were more resources and less extreme working conditions, the industry managed to earn only UAH 0.2 billion — almost 35 times less. This is the best proof that the reforms we have carried out have proven their effectiveness,” said Viktor Smal.
Also, according to him, in 2025, the profitability of forestry sector enterprises was 22.8% — 12.3% more than in the previous year, and the average salary increased by almost UAH 6,000 and currently stands at over UAH 30,000.
“Another indication of the success of the forestry sector reform was the amount of taxes paid. In 2025, UAH 16.1 billion was transferred to the budget, which is UAH 6.8 billion more than in the previous year. This is an absolute record in the history of independent Ukraine. And I am proud of this result, which was achieved through the diligent and systematic work of 24,000 employees in the industry,“ concluded the head of the State Forestry Agency.
As noted by the head of the State Enterprise ”Forests of Ukraine” Yuriy Bolokhovets, the economic results of 2025 were influenced not only by positive market conditions. There was an increase in the percentage of competitive procurement by the enterprise. For the first time, 97% of the procurement budget of the State Enterprise “Forests of Ukraine” was directed to Prozorro, resulting in savings of over UAH 700 million. Reorganization was also carried out, and administrative staff was optimized.
The team at State Enterprise “Forests of Ukraine” is constantly faced with pressure and attempts to lobby for the pre-reform opaque system of forest product sales. However, the company sells timber (except for firewood for the population and the social sector) exclusively through open auctions. Data on concluded exchange agreements for the purchase of timber is now fully open.
“The increase in forestry revenues means record growth in budget contributions, the restoration and protection of Ukrainian forests from fires, support for the Armed Forces of Ukraine, investments in infrastructure development, and technical re-equipment of forestry. Before the reform, profits were lost, but today financial flows have been de-shadowed and work in the interests of the state and the industry,” said Yuriy Bolokhovets.
According to the results of 2025, PJSC Kremenchug Metal Products Plant (Poltava region) reduced its net profit by 87% compared to the previous year – to UAH 742,947 thousand from UAH 5 million 568,961 thousand.
According to the agenda of the annual general meeting of shareholders, scheduled for March 30 of this year in remote mode, based on the results of the company’s financial and economic activities in 2025, it is proposed to approve a profit of UAH 742,947.69.
At the same time, it is proposed to leave the profit received in 2025 undistributed.
The shareholders intend to terminate the powers of the members of the supervisory board ahead of schedule and elect new ones.
As reported, based on the results of the company’s financial and economic activities in 2024, it was also proposed to leave the profit of UAH 5,568,961 thousand undistributed.
The Kremenchug Metal Products Plant was established in 1994 on the basis of the state-owned enterprise “Kremenchug Plant of Special Metal Structures and Communication Products” through its corporatization. In 2008, the Kryukiv Railway Car Building Works (KRSW) acquired the Kremenchug Metal Products Plant.
According to the NDU for the fourth quarter of 2025, AS Skinest Finants (Estonia), which is a shareholder of KVSZ, owns 75% of PJSC “Kremenchug Metal Products Plant”.
The company’s authorized capital is UAH 1,067,200, and the nominal value of a share is UAH 0.05.
The printing company Polimos JSC (Pokotylivka, Kharkiv region), more than 53.5% of whose shares are owned by the Danish company Duka Trade ApS, ended 2025 with a net profit of UAH 32.375 million, which is 15% less than in 2024
According to the company’s information in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the issue of distribution of profits is included in the agenda of the general meeting of shareholders on March 30.
The draft decision on this issue provides for not distributing the net profit received and not paying dividends.
At the same time, the agenda includes the issue of distributing the net profit for 2023 in the amount of UAH 31.116 million. According to the draft decision, it is proposed to allocate UAH 29.56 million (95% of the profit) to the payment of dividends and UAH 1.556 million to the reserve capital. Dividends are planned to be paid directly to shareholders from April 10 to September 23, 2026.
As reported, based on the results of 2024, Polimos paid dividends to shareholders in the total amount of UAH 36.176 million (from the net profit of UAH 38.08 million) at the rate of UAH 21.47 per share with a par value of UAH 1.
At the meeting, shareholders also plan to approve the results of the company’s financial and economic activities in 2025, consider the issue of replenishing working capital, and apply to OTP Bank with a request to grant or extend a loan.
Polyemos Printing Group has been operating in the Ukrainian market since 2001. It is a large manufacturer of packaging and labels using flexographic printing for the alcoholic and non-alcoholic beverage, meat processing, cosmetics and perfume industries, household chemicals, oil and fat, and dairy industries.
The company’s clients include MHP, Globino, Nemiroff, Donat, Tavria, and Bioton Cosmetics.
The group of companies also includes Vinnytsia-based Polyemos Group LLC, which is engaged in printing products and leasing real estate.
According to the National Securities and Stock Market Commission (NSSMC) for the fourth quarter of 2025, Denmark’s Duka Trade ApS owns 53.5101% of the JSC’s shares, another 28% are owned by Danish resident Tina Fyhn, and almost 18.49% are owned by Anatoliy Kulov, who also owns 100% of Poliemos Group.
According to data from YouControl, in January-September 2025, the company received UAH 24.8 million in net profit (almost at the same level as in the same period of 2024) with a 20.7% increase in net income to UAH 242.9 million.
The company’s authorized capital is UAH 1.685 million.
The state-owned Oschadbank (Kyiv) ended 2025 with a net profit of UAH 16.1 billion, which is more than double the 2024 figure of UAH 7.9 billion, the financial institution reported on Thursday.
“In 2025, we proved that a state-owned bank can not only be financially stable, but also remain a leader in customer trust… Last year’s results allowed us to strengthen the bank and create resources for further development,” said Yuriy Katsion, chairman of the board of Oschadbank.
According to the financial institution, its pre-tax profit in 2025 exceeded UAH 19 billion, compared to UAH 18.7 billion in 2024.
Oschadbank specified that one of the key factors in the growth of its financial results was the expansion of lending to the real sector: in the retail segment, the loan portfolio grew to UAH 26.7 billion (+26%), in micro, small and medium-sized businesses – to UAH 30.2 billion (+16%), and in corporate business – to UAH 71.3 billion (+12%).
Interest income from loans increased by 23% last year and exceeded UAH 20 billion, net interest income increased by 28% to UAH 31.1 billion, and total operating income increased by 25% to UAH 38.8 billion, the bank said.
Oschadbank’s liabilities as of the end of 2025 amounted to UAH 467.7 billion, while customer funds increased by UAH 68.5 billion (+18%) over the year.
At the same time, the bank added that work on problem debt, in particular the settlement of NPLs within the framework of the TOK Gulliver project, contributed to the financial result.
According to the bank, the share of government bonds in assets in 2025 decreased to 38% from 45%, reflecting a shift in focus towards lending to the real sector.
The bank reported that it serves about 6 million active customers and is the leader in lending to legal entities with a market share of about 14%. As of January 1, 2026, Oschadbank’s loan portfolio amounted to UAH 128.2 billion (+15.4%).
According to the National Bank, as of January 1, 2026, Oschadbank ranked second (UAH 514.65 billion) in terms of net assets among 60 banks.
Electromashpromservice JSC (Kryvyi Rih, Dnipropetrovsk region), which specializes in the repair of electrical equipment, ended 2025 with a net profit of UAH 2.55 million, which is 3% less than in 2024.
According to the agenda of the company’s general meeting of shareholders on March 31, it is planned to allocate the profit to the development of the enterprise, without accruing or paying dividends.
The agenda includes, in particular, the issue of preliminary approval of significant transactions, namely with the Northern Mining and Processing Plant (M&P), the Central M&P, Ingulets GOK, and Southern GOK – for the repair of equipment with a maximum total cost of UAH 50 million with each GOK, as well as for the supply of products from Sonar LLC and Tekhprovid LLC for UAH 50 million each.
Electromashpromservice PJSC performs major and medium repairs of electrical machines and transformers; technical maintenance of electric motors, generators, transformers, electromagnets; manufacture of spare parts for electric motors, electric generator sets, and rotary machines.
According to the company, its workshops are located directly on the premises of the largest enterprises in Kryvyi Rih, namely Northern GOK, Ingulets GOK, and the Diesel Plant.
“These enterprises, together with other enterprises in Kryvyi Rih, provide more than 80% of the volume of work,” according to the company’s financial report for 2024.
As of the beginning of 2025, the company employed 181 people (in 2021, there were 568 employees).
According to the company’s report, in 2024, its net income increased by 65.2% compared to the previous year, to UAH 73.1 million, and net profit increased by 88.4%, to UAH 2.64 million.
As of early 2026, Andriy Gusak, chairman of the company’s supervisory board, owns more than 24.7% of the authorized capital of JSC Elektromashpromservice, while NR member Olena Kulish and LLC AFT each own 24.9%.
The company’s authorized capital is UAH 9.37 million, and the nominal value of a share is UAH 1.05.
At their annual remote general meeting on March 31, shareholders of Obriy PJSC (Poltava region) plan to allocate the profit of UAH 41.8 thousand received at the end of 2025 to the development of production and replenishment of working capital.
According to the draft decisions published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), no dividends are expected to be paid for the past year.
In addition to the distribution of profits, the shareholders will consider the write-off of 12 units of obsolete equipment (T-150K and MTZ tractors and a DON 1500 combine harvester) with a total book value of UAH 54,900.
Due to the expiration of the term of office, the meeting plans to re-elect the company’s board of directors in the same composition for a new three-year term. Antonina Antonets (chair of the board), Gleb Lukyanenko, and Sergey Antonets have been re-nominated to the board.
Obriy PJSC (Mykhailiky village, Myrhorod district, Poltava region) was founded in 1998. It specializes in leasing real estate and agricultural machinery, as well as dairy cattle breeding and grain processing.
The company is a key technical hub of the Antonets family’s organic cluster and works in synergy with Agroecology. The ultimate beneficiaries are Antonina Antonets (61.55%), Maria Antonets (24.17%), and director Serhiy Antonets (5.4%).
