Trypillia Packaging Plant (TPK, Ukrainka, Kyiv region), a subsidiary of Rubizhne Cardboard and Packaging Plant, which has stopped operations in Luhansk region, increased its corrugated packaging output by 13.3% in 2024 compared to 2023, to 165.2 million square meters.
According to statistics provided to Interfax-Ukraine by UkrPapir Association, by the end of the year the mill slowed down the growth rate of this indicator slightly compared to the same period in 2023: in 11 months it was 16.4%, and in ten months it was 20%.
At the same time, TPK steadily retains its second place in corrugated packaging production in Ukraine after Kyiv Cardboard and Paper Mill (228.3 million square meters).
According to the association, in December 2024, TPK reduced corrugated packaging production by 14% compared to December 2023, but increased by 6% compared to November 2024, to 12.8 million square meters.
In monetary terms, TUC’s production increased by almost 10% last year to UAH 2 billion 726 million.
As reported, the main enterprises of the industry, which provided data to Ukrpapir Association, increased the production of cardboard boxes by 12.3% in 2024 to 590.1 million square meters, but compared to the pre-war year 2021, their production decreased by 21.8%.
Earlier it was reported that before Russia’s full-scale invasion of Ukraine, Rubizhne Cardboard Processing Plant, together with TPK, was the leading corrugated packaging producer in Ukraine.
After the destruction in Rubizhne, the plant shut down, and the legal entity Rubizhne CPP was re-registered in Kyiv.
TPK produces a wide range of corrugated cardboard products for food, industrial goods, and chemicals. Among its customers are Roshen, Coca-Cola, MHP agricultural holding, and Lactalis Group.
In 2023, the plant increased its commercial output by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 18%, to 145.8 million square meters.
The U.S. Development Finance Corporation (DFC) has approved a loan of up to $40 million for Astarta, Ukraine’s largest sugar producer, at the sub-council level.
“(The loan) will assist in the construction and operation of a soy protein processing plant with a projected annual capacity of about 100,000 tons and help Astarta make other investments,” DFC said on its website.
At the same time, the International Finance Corporation (IFC) of the World Bank Group announced at the end of November 2024 that it was considering a $40 million loan to Astarta and a parallel $40 million loan for the construction of a soy protein concentrate plant in Poltava region. The recipient of the funds is Astarta Agro Protein LLC, a subsidiary of Astarta Holding plc.
It was noted that IFC has already assisted the agricultural holding in conducting market research, preparing a business plan for the project, and assessing its commercial viability in order to interact with potential investors.
Initially, the IFC Board of Directors planned to consider this project on December 20, but then postponed it to February 28, 2025.
As reported, in 2024, Astarta began investing in the construction of a plant for processing soybean meal into soy protein concentrate with a capacity of 500 tons per day (about 100 thousand tons per year) in the Globinsky Industrial Complex (Poltava region). The agricultural holding will invest over EUR 76 million in equipment and technology and create 110 new jobs.
“Astarta and its structural unit Astarta Agro Protein signed the first investment agreement with the Ukrainian government to receive compensation from the state for significant investments. As part of the agreement, the government will provide the agricultural holding with a number of incentives, including exemptions from import duties on new equipment, import VAT on new equipment and income tax for up to 5 years.
IFC recalled that Astarta commissioned a soybean processing plant in Globyno in December 2013. In 2023, it processed 232 thousand tons of soybeans, 73% of which were grown by the agricultural holding, and produced 172 thousand tons of soybean meal. In the first half of 2024, the share of the plant’s own raw materials increased to 90%.
Soybean concentrate is produced by processing soybean meal with higher added value. It serves as a raw material for the production of animal feed.
In 2023, the agricultural holding reduced its net profit by 5.0% to EUR61.9 million, and its EBITDA decreased by 6.1% to EUR145.77 million, while revenue increased by 21.3% to EUR618.93 million.
Foreign Ministers of Ukraine and Albania, Andriy Sibiga and Igli Hasani inaugurated the Embassy of Albania in Ukraine, Foreign Minister Andriy Sibiga said on Platform X on Friday evening.
On October 20, the embassies of Albania, Argentina, Palestine, Palestine, North Macedonia, Portugal and Montenegro were reportedly damaged as a result of enemy shelling in Kiev.
In February 2024, then Ukrainian Foreign Minister Dmytro Kuleba said after talks with his Albanian counterpart Igli Hasani that Albania plans to open its embassy in Kiev in the near future.
TheRepublic of Albania recognized the independence of Ukraine on January 4, 1992. Diplomatic relations between the two countries were established on January 13, 1993.
In 2024, Sukha Balka mine (Kryvyi Rih, Dnipro region), a part of Aleksandr Yaroslavsky’s DCH Group, produced 917 thousand tonnes of commercial ore, down 1.5% from 931 thousand tonnes in 2023.
As Igor Piltek, Deputy General Director and Chief Engineer of the mine, said in an interview with the DCH Steel corporate newspaper on Thursday, crude ore production in 2024 amounted to one million tons, the volume of rock mass was about 7688 cubic meters, cutting operations amounted to 4,986 thousand meters, and well drilling amounted to 92,937 thousand meters.
Plans for 2025 include the extraction of 930 thousand tons of raw ore, 850 thousand tons of commercial ore, excavation of 8000 cubic meters of rock mass, 5200 meters of cutting operations, 91,773 thousand meters of drilling.
The Chief Engineer stated that in 2024, the company allocated UAH 43 million for equipment renewal.
According to him, the mine is implementing energy efficiency projects. At the same time, at the end of last year, the construction of a 2 MW solar power plant began at the Frunze mine, which is planned to be commissioned in the second quarter of 2025.
As reported, Sukha Balka mine produced almost 931 thousand tons of commercial ore in 2023, while in 2022 it produced 1.469 million tons (down 36.5%).
DMZ specializes in the production of steel, pig iron, rolled products and products made from them. On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.
Sukha Balka mine is one of the leading mining companies in Ukraine. It produces iron ore using an underground method. The mine includes Yubileynaya and Frunze mines. Frunze mine.
DCH Group acquired the mine from Evraz Group in May 2017.
In 2024, the Alo chain opened nine new stores, as well as reopened and renovated 54 outlets in 19 cities, its press service reports.
“In 2024, Allo continued to invest in store development. We are also accelerating our logistics and developing the work of delivery points. In 2025, we will continue to thoroughly analyze the efficiency of the retail space and work on its further optimization,” said Mykola Astapov, Allo’s Director of Development and Formats Nikolay Astapov, Director of Development and Formats at Allo, as quoted in the press release.
According to the report, new stores were opened in Kyiv, Lviv, Ternopil, Vinnytsia and Bakhmach. In total, as of the beginning of 2025, the chain has 292 Alo, Alo Max, Alo Express stores and Mi Store stores in 100 cities of Ukraine.
Allo was established in 1998. According to the Opendatabot resource, the company’s shareholders are PE Dniproinvest 2016 (95.19%), Dmytro Derevytskyi (3.6%), and Maksym Raskin (1.21%). Derevytskyi is listed as the ultimate beneficiary.
Bloomi LLC (Odesa), a manufacturer of sanitary and hygienic paper products under the Snow Panda brand, produced UAH 406.13 million worth of products in 2024, up 10.6% from 2023.
According to statistics provided by UkrPapir Association to Interfax-Ukraine, the company accelerated the growth rate of this indicator over the year, with a 3.7% increase over 11 months compared to the same period in 2023.
In terms of volume, the company’s production of toilet paper increased by 5.7% to almost 48 million rolls.
As reported, last year the main Ukrainian producers of sanitary paper products produced 640.43 million rolls of toilet paper, up 4.5% year-on-year.
Bloomi, which was registered in 2014, produces sanitary products (toilet paper, napkins, towels) based on cellulose from imported raw paper. The products are manufactured at the facilities of Omega Brokers, one of Ukraine’s leading manufacturers of detergents, disinfectants, and sanitizers.
In 2023, according to UkrPapir, the company almost doubled its production volume compared to 2022, to UAH 367.3 million.
The company is co-owned equally (25% each) by four Odesa-based entrepreneurs.
