UkrTransNafta Financials and Business Updates

UkrTransNafta is a significant player in Ukraine's oil transportation industry. The company operates a network of pipelines that transport oil and petroleum products across the country.

In 2020, UkrTransNafta's revenue reached 16.5 billion hryvnia. This is a notable increase from the previous year.

The company's financial stability is crucial for Ukraine's economy, as it provides a vital service to the country's energy sector.

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UkrTransNafta was registered on August 15, 2001.

The company's statutory capital is 460,226,970 hryvnia.

The company's main business activity is pipeline transportation, with a corresponding code of 49.50.

The company's address is in Kiev, Ukraine, at building 32/2 on Ostrouga Knyazi Street.

The company's director is Vladimir Miroslavovich Cependa.

The company's EDRPOU code is 31570412.

The company's tax ID number is 315704126145.

The company's revenue is 10,712,599,000 hryvnia.

In 2024, UkrTransNafta's revenue reached 10 712 599 000 ₴, a significant increase from 2023's 10 963 938 000 ₴. Their net profit for 2024 was 1 216 740 000 ₴.

Their financial performance has been steadily growing over the years, with a notable increase in revenue from 2021 to 2024. In 2021, their revenue was 4 764 532 000 ₴.

Here's a summary of UkrTransNafta's financial performance over the years:

The financial indicators of a company can give us a good idea of its overall performance. The company's revenue has been steadily increasing over the years, reaching ₴10 712 599 000 in 2024.

Let's take a closer look at the revenue figures from 2020 to 2024:

The net income has also seen a significant increase, reaching ₴1 216 740 000 in 2024. However, it's worth noting that the net income in 2023 was much higher at ₴19 669 564 000.

Alibaba has increased its stake in IC Transmagistral to 98.45%.

The company's stake was previously at 91.99%, and the increase was made possible by an additional issue of shares worth UAH 200 million.

The authorized capital of IC Transmagistral was also increased to UAH 248 million as a result of this additional issue.

IC Transmagistral was registered in 2003 and specializes in rendering services in the sphere of risk insurance.

The company's ownership structure was confirmed by the National Bank of Ukraine to comply with transparency requirements in January 2025.

UkrTransNafta has been involved in several tenders and contracts that are worth noting. They announced a tender for liability insurance for business entities and other legal entities that use high-risk facilities for damage that may be caused as a result of emergencies.

The expected cost of the services is UAH 693,760 thousand. Documents will be accepted until June 2.

IC “VUSO” with the offer of UAH 607,352 thousand and SG “TAS” with the offer of UAH 775,049 thousand also took part in the tender.

UkrTransNafta has also announced a tender for mandatory personal insurance of members of volunteer fire brigades. The expected cost of purchasing services is 56,374 thousand UAH.

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Here are the top 10 buyers of UkrTransNafta's services, ranked by the total amount spent:

UkrTransNafta has announced a tender for liability insurance, with an expected cost of UAH 693,760 thousand. This tender is open to business entities and other legal entities that use high-risk facilities for damage that may be caused as a result of emergencies.

The company has also announced a tender for mandatory personal insurance of members of volunteer fire brigades, with an expected cost of 56,374 thousand UAH. This is a significant investment in the safety and well-being of these brave individuals.

The shareholders of UkrTransNafta include JSC "Ukrtransnafta" with 91,992% ownership and the Primary trade union organization of JSC "Ukrtransnafta" with 5.1% ownership. This highlights the company's commitment to transparency and accountability in its operations.

Ukrtransnafta will increase monthly payments for SZN management to UAH 5 million.

This significant increase is part of a new agreement between Ukrtransnafta and the Asset Recovery and Management Agency (ARMA).

The monthly payments will now be UAH 5 million, up from UAH 1.1 million.

This decision is aimed at improving the efficiency of the facility, which is a critical component of the country's oil transportation system.

Ukrtransnafta views the management of the facility as a responsibility to the state to work efficiently, transparently, and results-oriented.

The company's CEO, Volodymyr Tsependa, emphasized the importance of proactive management and ensuring the continuous operation of critical infrastructure.

Ukrtransnafta has a proven track record of success, with a 40% increase in net profit to UAH 5.6 billion in 2023.

The company paid UAH 5.29 billion in dividends to its shareholder, Naftogaz of Ukraine, in 2024.

Ukrtransnafta announced a tender for liability insurance with an expected cost of UAH 693,760 thousand.

The tender is open to business entities and other legal entities that use high-risk facilities for damage that may be caused as a result of emergencies.

Documents will be accepted until June 2.

The company's shareholders include JSC “Ukrtransnafta” with 91,992% shares and Primary trade union organization of JSC “Ukrtransnafta” with 5,1% shares.

Insurance companies IC “VUSO” and SG “TAS” also took part in the tender with offers of UAH 607,352 thousand and UAH 775,049 thousand respectively.

Oleksandr Lazorko, the former CEO of Ukrtransnafta, has been removed from the Ukrainian police's wanted list.

This comes after he was suspected of large-scale embezzlement and fled the country to settle in London.

The charges against Lazorko were brought in 2015, and the Interior Ministry appealed to Interpol to add him to the international wanted list.

However, the Ukrainian bureau of Interpol declined to add Lazorko to the list after receiving a letter from his lawyer claiming the case was politically motivated.

This move would have made Lazorko's inclusion on the Interpol list a violation of his human rights.

Lazorko's removal from the Interior Ministry wanted list is at a suspicious time.

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UkrTransNafta has experience in transporting six grades of imported oil, including Urals, Azeri Light, Bakken, El Sharara, WTI, and Saharan Blend.

The company began accepting Algerian Saharan Blend crude oil in June for the first time, transporting it through the Odesa-Kremenchuk pipeline to the Kremenchuk oil refinery.

UkrTransNafta plans to conclude long-term contracts to transport 1.5-2 million tons of Azerbaijani and Kazakh oil via the Yuzhne Marine Terminal.

The largest revenue in the piping transport sector is dominated by a few key players.

According to the data, the top companies in this sector are led by ТОВ «ОПЕРАТОР ГТС УКРАЇНИ», which takes the top spot.

Here's a rundown of the top 5 companies in the sector by revenue:

These companies are followed closely by КП «КОМУНАЛЬНИК» and ТОВ «СКАРБНИЦЯ БЕССАРАБІЇ», which round out the top 7 in the sector.

Ukrtransnafta has transported Algerian Saharan Blend crude oil for the first time in June.

The company has experience transporting six grades of imported oil, including Urals, Azeri Light, Bakken, El Sharara, WTI, and Saharan Blend.

Ukrtransnafta accepts crude oil after checking its quality indicators, and then transports it through the Odesa-Kremenchuk pipeline.

The oil is transported to the facilities of the Kremenchuk oil refinery.

In addition to pumping oil from Ukrainian fields, Ukrtransnafta has been transporting imported oil since 2019, with Bakken being the first imported oil grade in July 2019.

El Sharara was the fifth imported oil grade transported by Ukrtransnafta, starting in November 2019.

PJSC Ukrtransnafta plans to transport up to 2 million tons of Azerbaijani and Kazakh oil via the Yuzhne Marine Terminal in Odessa province.

Ukrtransnafta requested the Cabinet of Ministers to cancel the order №1483 dated Sept. 30, 2009 – the norm on the need to coordinate all commercial operations with process oil with the government.

The company wants to transport 1.5-2 million tons of Azerbaijani and Kazakh oil via the Yuzhne Marine Terminal.

Ukrtransnafta must displace the existing sort of oil in order to transport other kinds of oil via the pipeline.

The Odessa-Brody oil transportation project aims to diversify oil supplies to Ukrainian refineries and develop the country's transit opportunities.

The Odessa-Brody pipeline's construction was completed in May 2002, and its capacity is 9-14 million tons of oil per year.

Ukrtransnafta already has experience in transporting six grades of imported oil: Urals, Azeri Light, Bakken, El Sharara, WTI, and Saharan Blend.

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