Ruta, a major Ukrainian manufacturer of sanitary and hygienic paper products, whose management company is VGP JSC (Lutsk), produced UAH 1 billion 751 million worth of products in 2024, up 8.7% from 2023.
According to statistics provided by Ukrpapir Association toInterfax-Ukraine, the company has thus slightly accelerated the positive dynamics of production volumes compared to last year, which it reached in the first nine months of 2023.
In physical terms, the company’s production of toilet paper in rolls, slightly exceeding the 2023 figure, amounted to 133.54 million units, which remains the third best result in the industry after Kyiv Cardboard and Paper Mill (272 million units) and Kokhava Paper Mill (137 million units).
The company produces pulp-based sanitary and hygienic products from imported base paper.
VGP’s portfolio includes dry and wet wipes, toilet paper, paper handkerchiefs, and kitchen towels. The assortment includes more than 180 items.
As reported, in 2023, VGP JSC produced products worth UAH 1 billion 611 million, up 64.8% year-on-year.
Zaporizhstal Iron and Steel Works is increasing the durability of its rolls by increasing the volume of rolled metal and improving its efficiency.
According to the company, the hot rolling shop systematically implements effective measures to improve production and reduce costs.
For example, last year, the rollers increased the stability of horizontal rolls at Slabbing 1150, which made it possible to roll 20 thousand tons more metal per coil. This resulted in an economic effect of about $18 thousand per year.
In addition, the specialists of the Cold Rolling Shop (CRS) implemented a combined technology for processing slabs, which led to a significant reduction in rejects. As a result, the economic effect amounted to $125 thousand per year.
We also worked productively on one of the most important indicators – the metal consumption ratio. A whole range of measures was implemented to reduce the amount of scrap metal by 2.2 kg per ton of rolled steel. These measures resulted in $475 thousand of economic effect per year.
“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 around the world.
“Zaporizhstal is in the process of being integrated into Metinvest Group, whose major shareholders are System Capital Management PrJSC (71.24%) and Smart Holding Group (23.76%).
Metinvest Holding LLC is the management company of Metinvest Group.
On the first day of his presidency, Trump intends to sign executive orders, including reinstating the death penalty at the federal level in the United States, which was abolished by Biden, and declaring a state of emergency on the southern border, representatives of the new administration told Reuters.
“Even before Trump was set to take office, his aides detailed a series of executive orders he would sign immediately, including 10 on border security and immigration, his top priority,” Reuters reported on Monday.
It is reported that on the first day, Trump will also declare a state of emergency on the southern border, send troops to the region and reinstate the policy that forces asylum seekers to wait in Mexico for a hearing in a US court. Will require that official U.S. documents, including passports, indicate the gender assigned to citizens at birth. Pardon 1,500 people involved in the Capitol storming case.
“On his first day, which also happens to be Martin Luther King Jr. Day, he will also sign an executive order ending diversity, equality and inclusion initiatives in the federal government, officials said,” the agency noted.
In the midst of the ceremony, Trump is expected to begin “signing his first executive orders, many of which are likely to face legal challenges.”
Earlier, the Experts Club think tank, Brian Mefford and Maxim Urakin, released a video analysis of what changes await US domestic and foreign policy under Trump, the video is available on the Experts Club YouTube channel – https://youtu.be/W2elNY1xczM?si=MM-QjSqGce4Tlq6T
Dnipro Aluminium Plant (Dnipro), which produces aluminum profiles, intends to allocate 64.93% or UAH 10 million of its net profit for 2023 as dividends at the rate of UAH 6,440 per ordinary registered share with a par value of UAH 1,846.1.
The relevant issue was included in the agenda of the extraordinary general meeting of shareholders scheduled for February 4 this year, which was published in the system of the National Securities and Stock Market Commission (NSSMC).
The dividend payment period is proposed to be set from February 21 to August 4, 2025.
According to the company, the remaining UAH 5.402 million of net profit (or 35.07%) is proposed to be left undistributed.
The agenda also includes the issue of shareholders’ prior consent to enter into transactions during the year with a total maximum amount of UAH 130 million, including contracts for the supply of car windows for Ukrzaliznytsia and Kyiv Electric Car Repair Plant, industrial enterprises for up to UAH 100 million, as well as contracts for the provision of banking services for UAH 30 million.
In addition, the shareholders intend to consider entering into a general agreement with the First Ukrainian International Bank for the provision of banking services with a general limit (lending/overdraft/guarantees/bill avalization) of UAH 30 million and valid until September 25, 2029.
Dnipro Aluminium Plant was registered in July 1997. It produces aluminum profiles using Italian equipment, including general-purpose profiles and TEKNO building profile systems under the license of the Italian S.L.L. SPA.
According to the Clarity Project, in 2023, the plant’s net income increased by 57% compared to 2022, with net profit increasing more than 7 times to UAH 15.4 million.
Retained earnings amounted to UAH 48.67 million.
As of the third quarter of 2024, the company’s CEO Oleh Danchenko owns 28.3323% of the company’s shares, his son Oleksandr owns 6.5035%, Mykhailo Senektutov owns 19.2531%, Ivan Sosnovsky owns 14.2949%, and Igor Levin owns 14.2305%.
The authorized capital of the company is UAH 19.95 million.
The bitcoin rate set a new record on Monday, rising above $109 thousand before the inauguration of US President-elect Donald Trump.
During the election campaign, the politician publicly spoke in support of the cryptocurrency market, and traders expect him to ease regulations in this sector.
On Monday, the price of bitcoin rose to $109,241 thousand, Barron’s writes. According to CoinDesk, as of 10:00 a.m., the rate is $107.617 thousand.
Last weekend, Trump and his wife Melania launched their own cryptocurrencies on the Solana blockchain.
The politician himself introduced his TRUMP memecoin on the X social network and on his own platform, The Truth Social, on Saturday. At one point, the capitalization of this cryptocurrency rose to $15 billion, but fell below $8 billion after the launch of the MELANIA memecoin on Sunday, which diverted some of the funds of crypto investors.
The total number of TRUMP memecoins is limited to 1 billion, with 200 million tokens available initially, according to the official website. 80% of the memecoins are owned by CIC Digital, a subsidiary of the Trump
Organization, as well as Fight Fight Fight Fight LLC (corresponding to the Trump campaign slogan “Fight, fight, fight!”), in which CIC Digital is a co-owner.
CIC Digital used to sell Trump’s NFTs and campaign merchandise.
US President-elect Donald Trump has launched his own cryptocurrency, the market capitalization of which quickly soared to several billion dollars, the BBC reported on Sunday.
“Trump is launching $Trump meme coin as he prepares to take office as the 47th president of the United States on Monday, January 20. The venture is being coordinated by CIC Digital LLC, a subsidiary of the Trump Organization, which previously sold Trump-branded shoes and perfumes,” the BBC said.
It is noted that meme coins are used to increase the popularity of a viral Internet trend or movement, but they have no intrinsic value and are extremely volatile investments.
According to CoinMarketCap.com, by noon on Saturday, a few hours after the launch, $Trump had reached almost $5.5 billion.
CIC Digital LLC and Fight Fight Fight Fight LLC, founded in Delaware earlier this month, own 80% of the tokens. However, it is unclear how much money Trump can make from this venture.
“My new official Trump meme is here! It’s time to celebrate everything we stand for: victory,” Trump wrote on his Truth Social page, announcing the meme coins on the evening of January 17.
About 200 million digital tokens have already been issued, and another 800 million will be issued over the next three years, according to the cryptocurrency’s website. “This Trump meme honors a leader who doesn’t back down despite adversity,” the site says.
The BBC report also states that “the message also contains a disclaimer that the coin is ‘not intended to be the target’ of an investment opportunity or security, and ‘is not political’ and ”has no connection to any political campaign, political office or government agency.”
Such digital tokens are notorious for speculators using the hype to drive up the value before selling at the top of the market, leaving latecomers to count their losses as the price plummets. However, cryptocurrency investors are hopeful that the Trump administration will promote the industry.
President Joe Biden’s regulators have expressed concerns about fraud and money laundering as they cracked down on crypto companies by suing these exchanges.
In the past, Trump has not shown much favor for cryptocurrencies, but last year at a bitcoin conference in Nashville, he said that America would become the “crypto capital of the planet” when he returned to Washington.
His sons Eric and Donald Jr. announced their own cryptocurrency venture last year.
