Koblevo (Nikolaiev region), one of the most popular Ukrainian wine brand, in 2020 increased its net profit by 24.1% compared to 2019, to UAH 24.76 million.

According to the company’s statement in the information disclosure system of the National Securities and Stock Market Commission, its assets for the year decreased 3.3%, to UAH 375.15 million, and retained earnings grew 2.2 times, to UAH 44.71 million. Total revenues at the end of the year increased by a quarter, to UAH 44.76 million.

The company announced an annual meeting of its shareholders scheduled for April 29, in the agenda of which it is planned to leave undistributed net profit received in 2020.

According to the unified public register of legal entities and private entrepreneurs, Sviatoslav Nechytailo is the ultimate beneficiary of JSC Koblevo.

Winery Koblevo is a part of Bayadera Group created in 1991. The group unites core assets in the alcohol industry – distribution companies and its own production of alcoholic beverages in Ukraine and Belarus, wines, vermouths and cognacs, and is also the exclusive importer of global alcohol brands in Ukraine.

The plant is located on the coast of the Black Sea in the middle of natural reserve of Tiligul.