Pozhmashyna Industrial Company (Pryluky, Chernihiv region) has signed an agreement with the Formatsiya.Lviv industrial park to build a new plant, the company reports on its Facebook page.
“The day of January 31, 2025 will go down in the history of not only our company, but also in the history of Ukrainian engineering (…). Realizing all the military and other risks, we are investing $15 million in Ukraine, in the development of the country’s industry, and in job creation,” the statement said.
The construction period is two years.
“Despite everything – a full-scale invasion, all the difficulties and risks, the shameful attitude of the authorities to business that exists today – we, an industrial company, did not run away, did not close production, did not lay off people,” Pozhmashina emphasizes.
As reported, after the outbreak of full-scale hostilities, Pozhmashina partially relocated its production facilities to Lviv.
Pozhmashyna produces a wide range of firefighting, rescue and specialized equipment, and has repeatedly supplied special equipment to the State Emergency Service of Ukraine.
According to the Clarity Project, in 2023, the company increased its net profit by 19.3% year-on-year to UAH 537.7 million, while net revenue increased 2.2 times to UAH 2 billion 093 million. In January-September 2024, net profit decreased by 2.8 times compared to the first nine months of 2023 to UAH 189.3 million, while revenue more than halved to UAH 946.7 million.
Oleg Averyanov is the founder and ultimate beneficiary of Pozhmashina Industrial Company.
Formatsiya.Lviv Industrial Park was included in the register of industrial parks in October 2023. The concept envisages the location of manufacturing enterprises with a total area of over 150 thousand square meters and the creation of 3,600 jobs on an area of over 30 hectares.
The park was created by Alterra Group in cooperation with Lviv City Council, Kyiv School of Economics and the Ministry of Economy of Ukraine.
In December 2024, the park received more than UAH 114 million in funding from the Ministry of Economy under the “Made in Ukraine” program for the construction and development of infrastructure.
Pharmacy sales in Ukraine in 2024 increased by 10.67% in monetary terms compared to 2023 – up to UAH 192.843 billion, while in physical terms they decreased by 5% to more than 1.157 billion packages.
Business Credit told Interfax-Ukraine that, according to its research, the weighted average price of pharmacy basket goods in 2024 amounted to UAH 166.59, up 16.53% compared to 2023.
At the same time, pharmacy sales of medicines in 2024 amounted to UAH 151 billion, which is 10.83% more than a year earlier, but in physical terms, pharmacy sales of medicines decreased by 5.64% to 810.155 million packs.
In 2024, the weighted average retail price of medicines amounted to UAH 186.39 per unit, which is 17.45% more than in 2023.
Pharmacy sales of dietary supplements in 2024 increased by 11.06% in monetary terms to UAH 19.992 billion, while in physical terms they decreased by almost 3.06% to 99.012 million packs. The weighted average price in this segment in 2024 increased by 14.56% compared to 2023, to UAH 201.92 per unit.
At the same time, according to Business Credit, a decrease in sales in physical terms was recorded in almost all segments of the pharmacy basket, except for dermatocosmetics (+1.34%), medical equipment (+6.29%), mineral water (+3.82%) and bandages (+6.61%).
As reported, in January-June 2024, pharmacy sales in Ukraine increased by 12.67% in monetary terms compared to the same period in 2023 to UAH 94.784 billion, while in physical terms they decreased by 4.7% to 583.21 million packs. The weighted average price of pharmacy basket products during this period amounted to UAH 162.52, which is 18.25% more than in the same period of 2023.
At the same time, pharmacy sales of medicinal products in January-June 2024 amounted to UAH 74.258 billion, which is 12.68% more than in the same period of 2023, but in physical terms decreased by 5.13% to 408.796 million packs. The weighted average retail price of medicinal products in January-June 2024 amounted to UAH 181.65 per unit, which is 18.67% more than a year earlier.
In 2024, NovaPay international financial service (TM NovaPay) completed 418 million transfers, which is 18% more than in 2023.
According to the press service of NovaPay on Tuesday, the total volume of transfers through the system in 2024 reached UAH 308.5 billion, which is 31% more than in 2023.
In addition, charitable foundations made 1.5 thousand transfers through NovaPay for UAH 32.5 million.
“We are proud that even in today’s challenges we can grow steadily, support the economy and set new records. This is the result of well-coordinated teamwork and the trust of our customers and partners. We continue to innovate to provide the best financial services,” Andriy Kryvoshapko, CEO of NovaPay, was quoted as saying by the company’s press service.
In 2024, NovaPay set a record by completing 2.57 million transactions in one day. The maximum processing speed reached 65 transactions per second.
In addition, in 2024, NovaPay transferred about UAH 1.5 billion to the country’s budget, 23% more than in 2023.
NovaPay has invested UAH 5.9 million in Ukraine’s victory, which is another important step towards a common goal, the service’s press service reports.
“NovaPay (TM NovaPay) is an international financial service that is part of the NOVA group of companies and has been providing online and offline payment services in more than 3,600 Nova Poshta branches for over 12 years. The service was the first non-bank financial institution in Ukraine to receive an extended license from the NBU, which allowed it to open accounts and issue cards.
According to the National Bank of Ukraine, as of December 1, 2024, NovaPay LLC issued 449.11 thousand payment cards, of which 123.34 thousand were active (at least one transaction in November). With a share of 0.22%, the company ranked 17th in the market, but still lags far behind the leaders PrivatBank (29.28 million) and mono (9.86 million active cards). At the same time, at the beginning of 2024, NovaPay issued only 13 thousand cards.
In addition, the company had 10.71 thousand installed payment terminals at the beginning of December, compared to 3.43 thousand at the beginning of the year, and installed the first 10 self-service devices. In terms of the number of payment terminals, NovaPay with a 2.1% share overtook Ukrposhta with its 1.4% share and ranked fifth in the market, where the undisputed leader is PrivatBank with a 60.7% share.
In 2024, notaries in Ukraine performed 12.6 million notarial acts, which is 20% more than in 2023, according to the website of the Ministry of Justice.
According to its data, 9.7 million people applied for notary services last year, which is 1.7 million or 21.3% more than in 2023.
According to the Ministry of Justice, Ukrainians most often sought certification of the authenticity of copies of documents (5.8 million), the authenticity of signatures on documents (2.9 million), and the certification of powers of attorney (1.4 million).
According to the Ministry, the notary market is significantly dominated by private notaries – there are 5.5 thousand of them in Ukraine compared to 699 state notaries, and they also perform the majority (91%) of all notarial acts in the country.
The Ministry of Justice noted that state notaries are mainly engaged in inheritance registration, which is 40% of all their services: 680 public notaries issued 412 thousand certificates of inheritance over the year, while 5.2 thousand private notaries issued 638.8 thousand such certificates.
Private notaries, according to the report, dominate the real estate market, which showed significant growth in 2024. Last year, they formalized 383.8 thousand real estate alienation contracts (+25% compared to last year), while state notaries formalized 23 thousand (+14%). The situation is similar with the registration of land plots: private notaries registered 367.9 thousand contracts of alienation of land plots and shares (+22%), while public notaries registered 25.3 thousand (+14%).
Zaporizhzhia-based Zaporizhstal Iron and Steel Works increased its rolled steel output by 9.7% year-on-year to 215 thousand tons from 196 thousand tons in January this year.
According to the company’s press release on Tuesday, steel production for the period amounted to 243 thousand tons (January-2023: 235.5 thousand tons), pig iron – 287.7 thousand tons (261 thousand tons).
In December, Zaporizhstal produced 284.7 thousand tons of iron, 245.5 thousand tons of steel, and shipped 234.1 thousand tons of rolled products.
As reported earlier, in 2024, Zaporizhstal increased its rolled steel output by 18.1% compared to 2023 – to 2 million 426.7 thousand tons from 2 million 54.7 thousand tons, steel by 17.2% to 2 million 890.8 thousand tons, and pig iron by 14.2% to 3 million 106.3 thousand tons.
“In 2023, Zaporizhstal increased its rolled products output by 57.2% compared to 2022, up to 2 million 54.7 thousand tons, steel by 65.4%, to 2 million 466.9 thousand tons, and pig iron by 35.3%, to 2 million 718.9 thousand tons.
“Zaporizhstal is one of the largest industrial enterprises in Ukraine, whose products are in great demand among consumers both in the domestic market and in many countries of the world.
“Zaporizhstal is in the process of integration into Metinvest Group, whose major shareholders are System Capital Management (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
In the first five months of the 2024-2025 marketing year (September 2024-January 2025), Ukraine exported more than 352 thousand tons of sugar to foreign markets, which is 17% more than in the same period of 2023-2024 MY, the press service of the National Association of Sugar Producers of Ukraine Ukrtsukor reported on Facebook.
The business association emphasized that the entire exported volume was directed to the world market, while in September 2023-January 2024, the share of exports to the world market was only 9.5%.
“The significant increase in the world market share in sugar exports is the result of successful efforts of Ukrainian sugar producers to find alternative markets due to restrictions imposed on Ukrainian sugar by the EU,” the industry association explained.
The main export destinations for Ukrainian sugar in September 2024-January 2025 were Turkey (19% of total exports), Libya, Somalia, Sri Lanka, and North Macedonia.
Ukrtsukr noted that since January 1, 2025, the possibility of exporting sugar from Ukraine to the EU countries has been restored. During the first 5 months of 2025, the domestic producers will be able to export 107.3 thousand tons of sugar to the EU.
As reported, in the production season of 2024, Ukrainian sugar producers produced 1.8 million tons of sugar. The volume of the domestic market in Ukraine is currently estimated at 900 thousand tons per year.
