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Business
Ukrainian firms use more steel in January as defense production rises
KYIV, Feb 21 – Ukrainian enterprises increased their consumption of rolled metal in January of this year by 2.16 times compared to the same period last year, to 297,100 tons.
According to the press release of the Ukrmetalurgprom association, 103,000 tons, or 34.67% of the domestic market for rolled metal consumption, were imported during this period.
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Russian attacks target natural gas assets, Naftogaz says
KYIV, Feb 21 – The situation with natural gas in Ukraine, impacted by Russian attacks, remains challenging but not critical and is fully under control, according to Naftogaz Group CEO Roman Chumak. He made this statement during a meeting with the leadership of the International Monetary Fund (IMF) mission in Ukraine, headed by Gavin Gray.
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Titanium mine owner says giving 50% of minerals to U.S. is unrealistic
KYIV, Feb 21 – Andriy Brodsky, co-owner and CEO of Velta Group, which operates titanium ore extraction assets in Novomyrhorod (Kirovohrad region), supports close cooperation with the United States on rare earth metals but considers the idea of transferring 50% of Ukraine's natural resources unrealistic.
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47% of companies said sales dropped at least 30% due to Russian war: Poll
KYIV, Feb 23 – Some 47% of companies experienced a decrease in sales by more than 30% due to Russian aggression, including 19% of the decline exceeded 50%, with agriculture, retail, mining, and metallurgy being the most hit, according to a new Business Resilience Survey presented by the American Chamber of Commerce.
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Ukrainian grain likely to be in demand in EU, trade representative says
KYIV, Feb 23 – The countries of the European Union are introducing climate-friendly technologies and agricultural principles that reduce the gross volume of the crop, therefore, in the future, Ukrainian grain will be in demand in the EU to meet the growing needs of its agribusiness complex, Deputy Minister of Economy, Trade Representative of Ukraine Taras Kachka has said.
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Ukraine may become major biomethane producer, industry expert says
KYIV, Feb 23 – Ukraine, which has large areas of agricultural land and an abundance of agricultural waste as a source of raw materials, can become a leader in the production of biomethane, at least on the European continent, Chairman of the Board of the Bioenergy Association of Ukraine (UABio) Heorhiy Heletukha said.
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Foreign businesses express solidarity with Ukraine amid Russian threat
KYIV, Feb 23 – International business has expressed solidarity with Ukraine in the face of a possible aggravation of the foreign political situation and continues to work in the country, the International Council of Business Associations and Chambers in Ukraine (ICBAC), which unites the trade communities of nine countries and the Ukrainian Chamber of Commerce and Industry, said in a statement.
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Archive of Business
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Currencies (in hryvnias) |
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21.03.2025 |
prev |
USD |
41.54 |
41.57 |
RUR |
0.489 |
0.497 |
EUR |
45.00 |
45.32 |
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Stock Market |
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20.03.2025 |
prev |
PFTS |
507.0 |
507.0 |
source: PFTS |
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