In 2024, PJSC Tovkach Mining and Processing Plant (TGZK, Pershotravneve, Zhytomyr region) received a net profit of UAH 1.260 million, compared to a loss of UAH 794,000 in 2023.
According to the annual report, TGZK’s net income in 2024 decreased by 50.7% compared to the previous year, to UAH 91.104 million.
Undistributed profit at the end of 2024 amounted to UAH 456.710 million.
As reported, TGZK received a profit of UAH 78 million 175,767 thousand in 2020, UAH 44 million 223,637 thousand in 2021, and UAH 14 million 659,029 thousand in 2022. The company ended 2023 with a net loss of UAH 794,133 thousand.
TGZK is a company engaged in the extraction, processing, and enrichment of quartzite. It is the main supplier of raw materials for the production of ferroalloys, refractories, and dinas in Ukraine.
TGZK is developing the Tovkachivska section of the Ovruch quartzite deposit in the town of Pershotravneve using open-pit mining methods.
According to the NDU data for the first quarter of 2025, Navaro Development Limited owns 5.1898% of the shares of the private joint-stock company, Lucrino Investments Limited owns 9%, Mantara Holdings Limited owns 72.0629%, and Duxton Holdings Limited (all based in Cyprus) owns 12.1891%.
The company’s authorized capital is UAH 1.6 million, and the nominal value of a share is UAH 2.25.
Dniprometiz-TAS LLC (Dnipro), owned by Ukrainian businessman Serhiy Tihipko, reduced its net profit by 2.9% compared to the same period last year, to UAH 11.727 million, according to the results for January-September of this year.
According to the company’s interim report, net income for the period increased by 7.5% to UAH 2 billion 607.402 million.
At the same time, the company’s undistributed profit at the end of September amounted to UAH 274.763 million.
As reported, in 2024, Dniprometiz-TAS increased its net profit by 47.7% compared to 2023, to UAH 14.197 million from UAH 9.610 million, while net income increased by 22.7%, to UAH 3 billion 285.688 million. At the same time, the company’s undistributed profit at the end of 2024 amounted to UAH 263.048 million.
According to the results of 2023, Dniprometiz reduced its net profit by 2.6 times compared to 2022, to UAH 9.658 million from UAH 24.733 million. Over the past year, net income increased by 8.2% to UAH 2 billion 677.836 million.
Dniprometiz reduced its net profit sixfold in 2022 compared to the previous year, to UAH 25.572 million, while net income increased by 1.1% to UAH 2 billion 474.397 million.
Dniprometiz-TAS manufactures metal products from low-carbon steels. The company’s capacity is 120,000 tons of products per year.
T.A.S. Overseas Investments Limited (Cyprus) owns a 98.6578% stake in Dniprometiz LLC.
The authorized capital of Dniprometiz-TAS LLC is UAH 83.480 million.
JSC Ukrenergomashiny (Kharkiv) ended January-September of this year with net sales revenue of UAH 914 million, which is 48.4% more than in the same period of 2024.
According to the company’s financial report in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net profit increased by 61.5% to UAH 0.95 million.
The company received UAH 17.8 million in operating profit (UAH 15.5 million last year), and gross profit more than doubled last year’s figure, amounting to UAH 278.6 million.
As reported, in the first half of this year, Ukrenergomash’s net profit amounted to UAH 0.49 million, while in the same period last year it was UAH 20.81 million, and net income decreased by 3.4% to UAH 469.
Thus, in the third quarter, the plant received UAH 0.46 million in net profit, while in July-September 2024, the loss amounted to UAH 20.2 million, and net income increased 3.4 times to UAH 445.2 million.
The company notes that in the third quarter, in particular, it shipped equipment for the Aksu TPP (Kazakhstan), sets of power equipment for the Zmiiv TPP, Burshtyn TPP, Darnytsia TPP, Zaporizhstal CHP, sets of turbine equipment for the Nizhnednistrovskaya HPP, and the Teri HPP (India).
Fifty-two traction electric motors were delivered to the tram car manufacturer Tatra-Yug, and three traction units were delivered to MTRZ LLC.
Ukrenergomashyna JSC names foreign companies as its main competitors, in particular, Andritz (Austria), Voith (Germany), General Electric (USA), and Bharat Heavy Electric Ltd. (India). Competition in the domestic and foreign markets is high.
The value of concluded but not yet executed agreements (contracts) as of the end of the third quarter of 2025 is almost UAH 7.7 billion (excluding VAT), and the total amount of payments remaining to be paid under these contracts is UAH 2.78 billion.
JSC Ukrenergomashiny, more than 75.22% of whose shares are owned by the state, is the only manufacturer of turbine equipment for hydro, thermal, and nuclear power plants in Ukraine. It also produces electric motors for rail and urban transport.
In 2024, it more than doubled its net income to almost UAH 799 million and received UAH 0.88 million in net profit compared to UAH 0.2 million in 2023.
As of October 1, 2025, the average number of full-time employees was 2,640 (2,740 at the beginning of the year).
First Ukrainian International Bank (FUIB, Kyiv) received UAH 1.22 billion in net profit in the third quarter of 2025, which is 10.1% less than in the same period of 2024, when it amounted to UAH 1.36 billion.
It is noted that pre-tax profit also decreased by 10.1% to UAH 1.63 billion, while net interest income increased by 18.1% to UAH 4.38 billion, and net commission income increased by 43.3% to UAH 0.64 billion.
According to the report, the decline in net profit is mainly due to an increase in impairment losses to UAH 1.1 billion from UAH 0.16 billion in the third quarter of 2024, while the bank’s operating expenses increased by 9% to UAH 2.6 billion, and net income from foreign currency transactions decreased by 21.9% to UAH 0.18 billion.
According to the document, in January-September of this year, the bank significantly increased its portfolio of loans and advances to customers – by 30.2% to UAH 87.13 billion as of September 30, 2025, compared to UAH 66.92 billion at the beginning of 2025.
As of September 30, 2025, the total loan portfolio of the bank’s 20 largest borrowers grew to UAH 12.11 billion, which is 23.9%, or UAH 2.33 billion, more than at the end of 2024, but its share in the loan portfolio, excluding reserves, remained at 13%.
Since the beginning of the year, FUIB’s total assets have grown by 4.4%, or UAH 8.22 billion, to UAH 194.81 billion, while total liabilities have grown by 2.3%, or UAH 3.77 billion, to UAH 168.16 billion.
The bank’s equity increased by 16.4%, or UAH 3.76 billion, to UAH 26.64 billion, of which retained earnings amounted to UAH 16.13 billion.
Overall, in the first nine months of this year, net profit decreased by 7.6% compared to the same period last year, to UAH 4 billion 792.21 million, with net interest income growing by 15.6% to UAH 12.52 billion and net commission income by 43.1% to UAH 2.39 billion.
According to the National Bank, as of September 1, 2025, FUIB ranked fifth among 60 banks in Ukraine with assets of UAH 193.14 billion. The ultimate beneficiary is Rinat Akhmetov.
Silpo Food LLC, part of the Fozzy Group (Kyiv) trade and industrial group, which operates the Silpo grocery supermarket chain in Ukraine, earned UAH 956.591 million in profit in January-September 2025, while in the same period last year, the company incurred a loss of UAH 767 million 071 thousand.
According to a study by YouControl, at the end of the third quarter of 2025, it ranked 6th among the top 10 companies in terms of revenue. Silpo Food’s net sales revenue for the first three quarters of 2025 increased by 13.8% compared to the same period in 2024 and reached UAH 75 billion 872 million 342 thousand.
At the same time, the company’s gross profit for January-September 2025 increased by 23% compared to the same period a year ago, to UAH 24.047 billion, and operating profit increased 1.5 times, to UAH 2 billion 152.7 million.
Silpo Food’s current liabilities as of September increased by 5% to UAH 29.7 billion, while long-term liabilities decreased by 5% to UAH 12.994 billion.
As reported, Silpo Food’s revenue for 2024 increased by 9.8% compared to the previous year, to UAH 93 billion.
Silpo Food LLC was established in early August 2016. According to Opendatabot, the founder of the LLC is PJSC “Closed Non-Diversified Venture Corporate Investment Fund ”Retail Capital” (100%, Kyiv), and the ultimate beneficiary is Volodymyr Kostelman.
As of September 2025, the chain has 310 supermarkets in 62 cities of Ukraine and four Le Silpo delicatessen markets: in Kyiv, Dnipro, Kharkiv, and Odesa.
It is part of the Fozzy Group, a trade and industrial group with more than 826 retail outlets throughout the country. The company develops retail chains of various formats: Silpo supermarkets, Fozzy wholesale hypermarkets, Fora neighborhood stores, Thrash! discount stores, Bila Romashka pharmaceutical supermarkets, and E-ZOO pet stores.
Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, increased its revenue by 22.5% in January-September 2025 compared to the same period in 2024 to UAH 37.73011 billion and reduced its net profit by 6.2% to UAH 1.54420 billion.
According to the published interim unconsolidated financial statements in accordance with international standards of the company in the information disclosure system of the National Securities and Stock Market Commission, gross profit increased by 28.4% to UAH 7 billion 528.75 million, while operating profit increased by 50.1% to UAH 3 billion 678.24 million.
According to the report, the decrease in net profit is due to an almost threefold increase in income tax to UAH 0.35 billion and financial expenses by 21.8% to UAH 1 billion 686.25 million, as well as a more than twofold decrease in other financial income to UAH 0.76 billion.
As reported, in the first half of this year, Nova Poshta’s net profit decreased by 19.6% to UAH 1.19574 billion, while revenue increased by 22.1% to UAH 24.57127 billion.
As of the end of September this year, Nova Poshta had liabilities of UAH 998.83 million for one bond issue – “F”, as well as obligations to banks in the amount of UAH 6 billion 635.59 million, with equity capital of UAH 12 billion 471.71 million and total assets of UAH 31 billion 505.36 million.
The Nova Poshta website states that the company has 110 terminals and depots throughout the country, with the eight largest terminals located in Kyiv, Kharkiv, Khmelnytskyi, Lviv, Dnipro, Odesa, and Zaporizhzhia.
As of October 6, the leader in express delivery in Ukraine had 44,983 service points, including 14,336 branches and 30,647 post offices. In the first half of this year, the branch network grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.
The ultimate beneficial owners of the company are Volodymyr Poperechnyuk and Vyacheslav Klimov.
