Systematic work always requires a transparent analysis of the achieved results. It is on this principle that JSC “State Joint Stock Company “Automobile Roads of Ukraine” builds its own activities.
Only 6 of the 24 road maintenance companies subordinate to the Company as of July 2025 were engaged in economic activities in the field of operational maintenance of highways. The rest were in bankruptcy or reorganization procedures, with arrested settlement accounts without the ability to participate in tenders for the performance of works. In such conditions, the Company, as a key state operator of the road industry of Ukraine, significantly reduced its own subjectivity in the road works market in favor of private companies.
The new management of JSC “State Joint Stock Company “Automobile Roads of Ukraine” within a short period of time carried out organizational measures, as a result of which a significant part of the road maintenance companies became operationally profitable and resumed their activities.
As a result, winter operational maintenance and the fight against ice and the consequences of bad weather in December were already carried out not by 6, but by 19 regional road maintenance companies, which on peak days provided the share of their road repair crews at more than 40% (of the total number of employees in the industry), and equipment – 37%. On average, the share of the Company’s subsidiaries in winter maintenance was within 25%.
According to the results of 2025, the volume of road works/services performed by subsidiaries of JSC “State Joint Stock Company “Automobile Roads of Ukraine” amounted to – 1848.4 million UAH, of which – 1600.5 million UAH was performed by their own forces (including on state-owned roads – 985.3 million UAH, on local and municipal roads – 615.2 million UAH).
In the first half of 2026, the total volume of road works/services performed amounted to 1463.1 million UAH, of which 1128.9 million UAH were performed by own forces, including 758.2 million UAH on state roads and 370.7 million UAH on local and municipal roads. This indicates an increase in the total volume of work performed in the first half of 2026 by 77% or 826.4 million UAH compared to the first half of 2025, including an increase in the volume of work performed by own forces by 54% compared to the first half of 2025 or 734.7 million UAH.
- Preliminary in 2026, the total amount of income (including VAT) is expected to be UAH 3.0 billion, including approximately UAH 2.6 billion from road works, UAH 85 million from sales of own production products, UAH 235 million from leasing property, and UAH 80 million from other income. This is significantly more compared to 2025 and means that in 2026 the Company plans to increase income by 60% compared to the previous year.
JSC “State Joint-Stock Company “Automobile Roads of Ukraine” is actively reviving the activities of its own asphalt concrete plants and the production of road construction materials. In the first half of 2026, 24,780 tons of asphalt concrete products were produced, which is 2,856 tons or 12% more than in the same period last year.
The revival of the work of quarries on the balance sheet of the SE Company is also actively underway. Let us give as an example the Ivano-Frankivsk specialized quarry of the State Enterprise “Ivano-Frankivsk Oblavtodor”, which increased the extraction of rock mass in the first half of 2026 compared to the first half of 2025 by 19.5 thousand m³ – or almost 5 times. This ensured an increase in income by 8.9 million UAH – or 6.6 times.
Active work on streamlining all production processes allowed the Company to achieve significant positive results. Already according to the results of the 1st quarter of 2026, the Company’s net income increased by UAH 302.0 million compared to the 1st quarter of 2025, or by 75%, and amounted to UAH 707.2 million.
According to the results of the 1st half of 2026, net income is expected to amount to UAH 1,183.7 million, which is UAH 324.2 million or 37.8% more than in the 1st half of 2025. The forecasted amount of net income for the 12 months of the current year should be UAH 2,710 million, which is 47% more than in 2025 and 65% more than provided for in the financial plan.
In parallel, in the second half of 2025, work was carried out to streamline relations with tenants of real estate (not used in production activities). As of 12/31/2025, this ensured the presence of 301 valid lease agreements for a total monthly payment (including VAT) of UAH 11,385 thousand. In the first half of 2026, the number of lease agreements increased by 66 units and amounted to 367 valid agreements – the total amount of the monthly payment provided for by the agreements increased by UAH 3,325 thousand or by 23% and amounted to UAH 14,710 thousand.
Significant results were achieved in the issue of receiving funds by the Company’s subsidiaries. Over the 12 months of 2025, UAH 2,385.4 million was received on the current accounts of enterprises, including:
- for the first half of 2025 – UAH 940.3 million or 40% of the annual amount,
- for the second half of 2025 – UAH 1,445.1 million or 60% of the annual amount.
- It should be noted that 40% of the income for 2025 was received in the 4th quarter.
In the first half of 2026, funds of UAH 1,379.4 million were received, which is UAH 439.1 million or 47% more than in the same period last year. This allowed improving the calculations of priority payments. In particular, the volume of transfers of funds for the payment of taxes and priority payments in the first half of 2026 increased compared to the first half of 2025 by UAH 42.4 million or 24% and amounted to UAH 220.9 million.
The volume of funds directed to the repayment of overdue arrears in the payment of pensions accumulated in previous periods also increased.
In March–June 2026, the overdue debt accumulated in January–February of this year (due to the lack of financing for road works) in the amount of UAH 31.5 million was repaid and the one accumulated at the beginning of 2026 was reduced by UAH 31.3 million.
Overdue debt was repaid to 1,043 individuals.
As of July 10, 2026, the overdue debt for salary payments amounted to UAH 262.5 million. At the same time, as of March 1, 2025, it amounted to almost UAH 294.9 million, but in 10 months it was reduced to UAH 261.2 million (as of December 31, 2025). This year, it is planned to reduce it to UAH 220 million.
JSC “State Joint Stock Company “Automobile Roads of Ukraine” is a key operator of the road infrastructure of Ukraine, whose activities are subordinated to state, not commercial, interests, and which has at its disposal a full-fledged historically built and systematically branched network of its own assets aimed at ensuring the operational maintenance of public roads and performing tasks of a defense and critical infrastructure nature!