Business news from Ukraine

Business news from Ukraine

Zelensky appoints Markarova as advisor on Ukraine’s recovery and investment

On Sunday, Ukrainian President Volodymyr Zelensky announced the appointment of Oksana Markarova as presidential advisor on Ukraine’s recovery and investment.

“Starting today, Oksana Markarova will continue to assist our state as my advisor on Ukraine’s recovery and investment. We will definitely protect our independence and Ukraine’s right to be a sovereign European state. We have been ensuring Ukraine’s ability to defend itself and, on a daily basis, to resist full-scale Russian aggression for almost four years. Despite all the difficulties, we are providing Ukraine with the necessary weapons, air defense systems, and sufficient resources for internal stability,” he wrote on Telegram.

Zelensky noted that Markarova’s appointment will contribute to the realization of the long-term goal of the country’s recovery and economic development.
“In addition to the fundamental goal of protecting Ukraine’s independence and working daily for its survival, we have a long-term goal: to ensure that Ukraine can rebuild after the hostilities and resume normal economic development. This is a task for the

Ukrainian government, all our institutions, and Ukrainian business, and I believe that everyone who can help Ukraine in this should do so,” he said.
The relevant decree of the President of Ukraine No. 872/2025 on the appointment of Markarova as advisor to the President of Ukraine on the restoration of Ukraine and investments was published on the website of the Office of the President of Ukraine.

The website states that Oksana Markarova recently completed her term as Ambassador Extraordinary and Plenipotentiary of Ukraine to the United States (2021-2025) and representative of Ukraine to the Organization of American States.

“She has significant experience in public finance and private capital management, as well as in attracting investment. While working in senior positions at the Ministry of Finance of Ukraine, Oksana Markarova created the government agency UkraineInvest and the Startup Support Fund,” the statement added.

It is noted that the advisor will advise the president on issues related to improving the business climate, strengthening the financial stability of the state, attracting investment, and planning recovery together with Ukraine’s strategic partners.

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Tomorrow, certain regions of Ukraine will be covered in thick fog

The Ukrainian Hydrometeorological Center warns of deteriorating weather conditions in Zhytomyr and western regions of Ukraine on Monday, December 1.
“On December 1, fog is expected in the western and Zhytomyr regions, with visibility of 200-500 m (level I hazard, yellow),” the report states.
It is noted that weather conditions may lead to traffic complications.

 

Oranta shareholders plan to allocate UAH 20.3 mln for dividends in 2024

Shareholders of PJSC National Joint Stock Insurance Company Oranta (Kyiv) plan to allocate part of the undistributed profit for 2024 in the amount of UAH 20.333 million to pay dividends.

According to the draft decisions of the company’s shareholders’ meeting scheduled for December 5, 2025, which are posted on the NSSMC’s information disclosure system, it is also planned to approve the amount of dividends per one ordinary registered share in the amount of UAH 0.10 and to determine that the payment of dividends will be carried out through the depository system of Ukraine in the manner established by the supervisory board of NASK Oranta.

As reported, in 2024, NASK Oranta increased its premium income by 54% to UAH 2.35 billion compared to the same period in 2023, while the volume of payments increased by 22% to UAH 155.2 million.

Over the past year, the company paid out UAH 657 million in compensation, which is 25% more than in 2023. The increase in payments is due to the growth of the portfolio and the number of settled insurance events. Thus, UAH 487 million (+34%) was paid out under MTPL policies, and UAH 99 million under Green Card agreements. The volume of premiums from legal entities increased by 26% last year.

The insurer’s profit amounted to UAH 157 million, and insurance reserves grew by 44% to UAH 1.35 billion, ensuring the insurer’s financial reliability.

NASK Oranta is the successor to Ukrderzhstrakh, founded on November 25, 1921, and has been operating in Ukraine for over 100 years.

The insurer’s main shareholder is the Ukrainian business group DCH.

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Metinvest-Resource increased its net profit to UAH 45 mln in nine months

In January-September this year, Metinvest-Resource LLC increased its net profit to UAH 44.721 million from UAH 3.475 million in the same period last year.

According to the company’s interim report, which is available to Interfax-Ukraine, its profit in the third quarter of 2025 amounted to UAH 21.647 million.

Revenue for this period increased by 27.8% to UAH 3 billion 919.585 million.

The uncovered loss at the end of September amounted to UAH 57.4 million.

In 2024, the LLC received a net profit of UAH 6.085 million, while it ended 2023 with a loss of UAH 43.270 million, and in 2022, the net loss was UAH 129.227 million.

Metinvest-Resource LLC is the exclusive supplier of ferrous metal scrap to the Ukrainian metallurgical enterprises of the Metinvest Group. Metinvest-Resource LLC’s capabilities enable it to continuously supply more than 1.5 million tons of raw materials per year to meet the needs of the group’s metallurgical assets. The company has a history spanning more than 20 years, dating back to the founding of PFK Prometey LLC, which was renamed Metinvest-Resource LLC in February 2011.

The company has many years of experience in the domestic and foreign scrap metal markets in terms of purchasing scrap metal and its substitutes (GBZ), and delivers them by all modes of transport. Metinvest-Resource LLC actively participates in joint projects to dismantle various metal facilities in the country. It has established business relationships with more than 100 scrap metal procurement companies in Ukraine and around the world.

The company’s authorized capital is UAH 6.437 million.

Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions – as well as in European countries. The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Fregat plant increased its losses to UAH 50 mln in first nine months of 2025

In January-September 2025, the manufacturer of agricultural equipment and special-purpose machinery, JSC “Fregat Plant” (Pervomaisk, Mykolaiv region), increased its losses by 21% compared to the same period in 2024, to UAH 50.3 million.

According to the company’s financial report published in the information disclosure system of the National Securities and Stock Market Commission, net sales revenue decreased 3.8 times to UAH 35.2 million.

The company received UAH 10.5 million in gross profit (a year ago – UAH 50.7 million), and the loss from operating activities amounted to UAH 33.3 million, compared to a profit of UAH 16.3 million in January-September 2024.

“During the reporting period, the company focused its efforts on maintaining its customer base, supporting long-term partnerships with counterparties, and ensuring the economical and rational use of funds,” the report says.

The Fregat plant notes that the degree of utilization of fixed assets in the reporting period was 20%.

According to the plant, in the third quarter, the production of agricultural machinery for crop production accounted for 5.5% of the total volume of commercial products, and equipment for the processing industries of the agro-industrial complex accounted for 1.6%, while other types of products accounted for 92.9%.

The average salary in the third quarter of 2025 was 12.5% lower than in the same period of 2024, at UAH 10,900.

The Fregat plant specializes in the production of irrigation systems, road barriers, metal structures, as well as machine-building products and special-purpose machines.

As of October 1, 2025, it had an average of 126 employees, with 85 at the Eastern branch and 10 at the Dnipro branch (both in Pervomaisk).

As reported, in 2024, the plant increased its losses by 58% compared to 2023, to UAH 60.4 million, while its net income increased by 34.6%, to UAH 188.6 million.

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Government will compensate half of cost of building livestock farms in frontline territories

On November 26, the Cabinet of Ministers of Ukraine adopted a decision to strengthen support for the livestock industry in frontline territories. The corresponding resolution “On Amendments to the Procedure for Using Funds Provided in the State Budget for State Support for the Development of Livestock Farming and Agricultural Product Processing” was adopted at a regular meeting. The goal is to strengthen state support for agricultural producers in frontline territories and to develop the processing of agricultural products and livestock farming.

The changes provide for an increase in the partial reimbursement of the cost of building livestock farms for keeping cattle in frontline territories from 25% to 50% of the cost.

“Increasing the reimbursement to 50% is significant financial support for businesses that continue to invest in the restoration of livestock farming. This decision will not only reduce the cost of building new facilities, but will also contribute to the growth of milk production and value-added products. As a result, communities in frontline regions will gain new jobs, more stable incomes, and more opportunities for development even in the difficult conditions of war,” emphasized Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture of Ukraine.

The government’s decision is an important step in supporting agricultural producers who are building or renovating livestock farms and processing facilities. The increased reimbursement rate will stimulate investment in livestock farming and accelerate the recovery of production in regions operating near the combat zone.

The document was prepared by the Ministry of Economy, Environment and Agriculture of Ukraine.

 

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