Lemtrans, Ukraine’s largest private rail transportation operator, plans to build a container terminal in Fastiv (Kyiv region), the company’s website reports.
“The terminal in Fastiv will be a strategic link in the development of transport logistics in the region. The project will help optimize logistics chains, expand export opportunities for Ukrainian producers and create conditions for the integration of local businesses into global trade,” said Oleksandr Tkachuk, Director of Terminal Network Development at Levada Cargo.
The company added that in 2024 it invested UAH 478 million in logistics and infrastructure projects, which is three times more than in 2023. The main emphasis was placed on the development of the terminal and container business, where the amount of investment amounted to UAH 441 million.
In September 2024, Lemtrans Group completed the first stage of construction and opened the Vinnytsia Container Terminal (VCT).
As reported, the total volume of Lemtrans transportation in 2024 amounted to 15.9 million tons, which is 6% less than in 2023.
Based on the results of their activities in 2024, the companies of the Lemtrans group transferred more than UAH 712 million in taxes and fees to the budgets of all levels. “In 2024, Lemtrans transferred about UAH 647 million to the state budget. Local budgets were replenished by UAH 66 million. In addition, Lemtrans Group paid over UAH 59 million in unified social tax.
In the period from April 1 to December 31 of this year, Kharkiv-based aircraft manufacturer FED JSC will pay dividends to its shareholders based on the results of its operations in 2024 totaling UAH 40 million at the rate of UAH 4.575 thousand per share with a par value of UAH 57.9 thousand.
According to a report in the disclosure system of the National Securities and Stock Market Commission of Ukraine (NSSMC), the relevant decision was made by the general meeting of shareholders on March 31.
According to the NSSMC, as of the third quarter of 2024, more than 98% of FED JSC shares are owned by the company’s director Viktor Popov.
In particular, the shareholders’ meeting re-elected the Supervisory Board for a new term in the same composition (three members, including the Chairman of the SB Valery Fadeev).
As reported, FED ended 2024 with a net profit of UAH 181.406 million, down 43% year-on-year in 2023.
At the end of 2023, FED JSC allocated UAH 32 million out of the net profit of UAH 318.3 million for dividends, at the rate of UAH 3.66 thousand per share with a par value of UAH 57.9 thousand.
FED JSC is one of the leading enterprises in Ukraine, specializing in the development, production, maintenance and repair of aviation, space and general engineering units.
The company has not yet announced the amount of revenue for the whole of last year, and in January-September 2024 it decreased by 35.2% compared to the same period in 2023 – to UAH 586.67 million.
In January-March this year, Ukraine reduced exports of semi-finished carbon steel products in physical terms by 34.8% year-on-year to 294,202 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports of carbon steel semi-finished products fell by 37.4% to $138.386 million in monetary terms.
The main exports were to Bulgaria (43.06% of supplies in monetary terms), Turkey (20.15%) and Poland (9.44%).
During the period, Ukraine imported 2.902 thousand tons of semi-finished products worth $2.339 million from the Czech Republic (83.03%), Italy (16.59%) and Germany (0.38%).
As reported, in 2024, Ukraine increased exports of carbon steel semi-finished products in physical terms by 56.7% compared to 2023 – up to 1 million 886.090 thousand tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were made to Bulgaria (32.06% of supplies in monetary terms), Egypt (18.50%) and Turkey (11.14%).
In 2024, Ukraine imported 306 tons of semi-finished products worth $278 thousand from the Czech Republic (88.13%), Romania (7.19%), and Poland (2.88%), while in 2023 it imported 96 tons worth $172 thousand.
U.S. President Donald Trump said he may allow individual exceptions to the 10% tariff for most trading partners, although he considers the rate the minimum for countries seeking to negotiate with Washington, Bloomberg reported Saturday.
“There may be some exceptions for obvious reasons, but I would say 10% is the minimum,” Trump told reporters Friday aboard Air Force One en route to Florida. He did not specify what the reasons were, nor did he announce any new fare changes.
The announcement came after fare increases for dozens of countries announced in the week. Some were later postponed due to negative market reactions. China was hit with duties of 145%, while a prime rate of 10% has so far been applied to most nations.
“Despite this, the average duty rate in the U.S. could reach historic highs. Beijing, in response to Washington’s actions, raised tariffs on US goods to 125%. China said it will not respond to further steps, but is preparing other measures,” the report said.
Trump said at the same time that “the market is stable” and the dollar will remain “the currency of choice”. He also expressed confidence that the trade standoff with China could end positively.
Ukraine’s Minister of Environmental Protection and Natural Resources Svitlana Hrynchuk, Spanish Ambassador to Ukraine Ricardo Lopez-Aranda Jagu and Secretary of the National Security and Defense Council of Ukraine Oleksandr Lytvynenko took part in the opening of a photovoltaic power plant in the Chornobyl exclusion zone, the Public Communications and Public Relations Department of the Ministry of Environment reported on Saturday.
“The implementation of the project worth more than UAH 30 million started in 2019 and was stopped with the beginning of the full-scale invasion. But in the fall of 2024, this process reached the finish line. Today, the solar plant is fully ready for commissioning and is connected to the integrated power system of Ukraine. It consists of 2244 monocrystalline solar modules on an area of 13 thousand square meters,” said Hrynchuk.
According to her, the plant is a success that continues the ambitious plan to develop renewable energy in the exclusion zone.
“Special thanks to the Government of Spain for its support in the implementation of this project. Spain has a plan to switch to 70% green energy in the economy by 2030 and supports us on the path to energy efficiency. This country is a key financial partner in the creation of a new solar station. The construction was funded by the Government of Spain for greenhouse gas emission quotas under the Kyoto Protocol. This is an extremely important and very timely investment in our green energy sector,” the Minister said.
Hrynchuk also got acquainted with the results of the implementation of another area of our cooperation with partners – an automated system for monitoring the non-proliferation of radioactive contamination. It was implemented with the support of the European Union to modernize stationary radiometers for monitoring road transport and cargo at the control points that were destroyed during the occupation of the Chornobyl Exclusion Zone.
The Minister inspected the consequences of the Russian attack on the NSC Arch, where work is underway to assess damage, find effective solutions and plan to restore the functionality of the confidentiality.
Ukrainian fintech company Fintech Farm has entered the Indian market with Roarbank, a neobank that will operate on the basis of the Indian bank Unity Small Finance Bank.
“We started attracting our first customers in a closed beta test. Over 100,000 users have registered in a few days,” the company said in a press release on LinkedIn.
It is noted that despite small bugs, “everything looks great.”
“After the launch of our MVP, we have ambitious plans to create even more amazing products and services for our Indian customers,” Fintech Farm added.
Fintech Farm is a fintech company specializing in creating neobanks in emerging markets. It was founded in 2021 by Dmytro Dubilet (former PrivatBank top manager and co-founder of monobank), Mykola Beskrovnyi (former head of M&A in the fintech sector at KPMG’s London office), and Oleksandr Vityaz (former head of PrivatBank’s e-Business Center).
According to Fintech Farm’s website, it has now created three more neobanks in other countries: Leobank in Azerbaijan, Liobank in Vietnam, and Simbank in Kyrgyzstan.
