Business news from Ukraine

Business news from Ukraine

DMZ reduced rolled steel production by 59% in 2024

Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH group, reduced rolled steel production by 59.4% in 2024 compared to 2023, to 42.9 thousand tons.

According to information in the corporate newspaper DCH Steel on Thursday, the company did not produce steel products in December, while in November it produced 7.1 thousand tons of rolled metal.

“The production campaign at rolling shop No. 2 will begin in the third decade of January and will include the production of channels of various sizes: from 10 to 30,” the statement said.

Coke production in 2024 decreased by 1.2% to 289.1 thousand tons. In December, coke production decreased by 2% compared to November 2024, to 23 thousand tons.

At the same time, DMZ produced 5.2 thousand tons of rolled metal products and 23.9 thousand tons of coke in December 2023.

As reported, in 2023, DMZ increased its output of rolled metal products by 86.2% compared to 2022 – up to 105.6 thousand tons, coke – by 38.5%, up to 292.7 thousand tons.

In 2022, the plant reduced its rolled steel production by 74.2% compared to 2021, to 58.4 thousand tons, and coke production by 56.3%, to 211.3 thousand tons.

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.

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“Nibulon” has fertilized winter crops on 48% of area for 2025 harvest

The agricultural production department of one of the largest grain market operators in Ukraine, Nibulon JV LLC, has fertilized winter crops on 7820 hectares, which is 48.3% of the total area planted for the 2025 harvest, the agricultural holding’s press service reports on Facebook.

“Currently, we are actively applying ammonium nitrate, one of the most effective nitrogen fertilizers that provides plants with the necessary macronutrients for healthy growth and development. Timely application of this fertilizer significantly affects the final yield of winter crops,” the agricultural holding explained.

Nibulon plans to fertilize a total area of 16.2 thou hectares with ammonium nitrate, including 8.6 thou hectares of winter wheat and 7.6 thou hectares of winter rapeseed. In addition to ammonium nitrate, ammonium sulfate will be added to improve plant nutrition efficiency.

Currently, winter crops have been fertilized on a total area of 7,820 hectares, including 5,602 hectares in Mykolaiv cluster, 1,970 hectares in Central cluster and 248 hectares in Kamianets-Podilskyi cluster.

After fertilizing winter crops, the fields will be harrowed and plant protection products will be applied.

“The implementation of these agrotechnical measures in the complex will ensure the creation of optimal conditions for the growth and development of winter crops, which, in turn, will help to increase their yield and maintain high quality products,” the agricultural holding summarized.

Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader had 27 transshipment terminals and crop reception complexes, a capacity for simultaneous storage of 2.25 million tons of agricultural products, a fleet of 83 vessels (including 23 tugs), and owned the Mykolaiv Shipyard.

“Before the war, Nibulon cultivated 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries. In 2021, the grain trader exported the highest ever volume of 5.64 million tons of agricultural products, reaching record volumes of supplies to foreign markets in August – 0.7 million tons, in the fourth quarter – 1.88 million tons, and in the second half of the year – 3.71 million tons.

Nibulon’s losses due to Russia’s full-scale military invasion in 2022 exceeded $416 million.

Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.

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“Slavic Wallpapers” increased production by 1.4% in 2024

Slavic Wallpaper-KFTP JSC (Koryukivka, Chernihiv region), a leading Ukrainian wallpaper manufacturer, produced 16.39 million conventional pieces of wallpaper in 2024, up 1.4% from 2023.

According to statistics provided by UkrPapir Association to Interfax-Ukraine, the company maintained a small increase in production at the end of the year, which gradually slowed down over the course of the year, with growth of 18-20% in the first months.

At the same time, in monetary terms, the factory’s production volume decreased slightly last year to UAH 1 billion 246 million.

In December, the company produced 1.02 million conventional pieces of wallpaper, which is 9.7% less than in December 2023 and 22.4% less than in November last year.

The Association does not have data on the total production of wallpaper in Ukraine in 2024, as the State Statistics Service has stopped providing it.

JSC Slavic Wallpaper-KFTP produces more than 10 types of wallpaper from the economy segment (paper, duplex, acrylic) to premium wallpaper (vinyl, non-woven, hot stamped), as well as its own latex, water-dispersion paint under the Latex brand.

As reported, in 2023, Slavic Wallpapers-KFTP increased its wallpaper production by 19% compared to 2022, to 16.2 million units, production increased by 38.2% to UAH 1 billion 249 million, and net profit increased almost eightfold to UAH 47.7 million.

Earlier, the company noted that sales volumes, especially through retail channels, had dropped significantly as a result of Russian aggression.

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Ukraine exported 23.6 mln tons of grain since beginning of season

As of January 15, Ukraine exported 23.616 mln tonnes of grains and pulses since the beginning of the 2024-2025 marketing year (July 2024 – June 2025), of which 1.388 mln tonnes were shipped this month, the press service of the Ministry of Agrarian Policy and Food reported, citing the data of the State Customs Service of Ukraine.

According to the report, as of the same date last year, the total shipments amounted to 20.563 million tons, including 2.097 million tons in January.

In terms of crops, since the beginning of the current season, Ukraine has exported 10.326 million tons of wheat (413 thousand tons in January), 2.008 million tons of barley (9 thousand tons), 10.8 thousand tons of rye (0), and 10.868 million tons of corn (959 thousand tons).

The total export of Ukrainian flour since the beginning of the season as of January 15 is estimated at 39.4 thsd tonnes (1.8 thsd tonnes in January), including 36.1 thsd tonnes of wheat (1.6 thsd tonnes).

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Scholz wants to finance Ukraine bln only through debt

Federal Chancellor Olaf Scholz (SPD) only wants to approve additional arms deliveries to Ukraine for three billion euros before the federal election even if they are financed by suspending the debt brake. The help is only possible via a separate borrowing, “because otherwise the money is not there,” he said in an RTL interview.

Scholz had already made this proposal in the traffic light negotiations on the 2025 budget, where the coalition was ultimately broken. “I would decide even now that if everyone joins in a decision: we finance it extra through loans.” But then “some would have to jump over their shadow,” said the chancellor. Anyone who does not want to say where the missing means should come from. Scholz estimated the hole in the not yet adopted budget at 26 billion euros by 2025.

In an interview with the “Westphalian News” and the “Westphalia leaf” specified Scholz, even if you asquire that everything money is not spent in the course of the year, there is probably a gap in cover of at least 16 billion euros. “If we want to decide on another three billion euros for bilateral arms aid for Ukraine, it would be an uncovered check.”

The FDP head and former finance minister Christian Lindner excludes a suspension of the debt brake. He wants to finance aid for Ukraine and the Greens through a “unscheduled edition”. However, according to Article 112 of the Basic Law, this would only be possible under certain conditions. “It may only be granted in the event of an unforeseen and irreplaintated need.” An example of such an issue was instant aid for flood victims in 2013 after severe flooding in parts of Germany.

Source: https://www.zeit.de/news/2025-01/15/scholz-will-ukraine-milliarden-nur-ueber-schulden-finanzieren

Poninkivske Paper Mill Increases Corrugated Packaging Output by 19% in 2024

In 2024, Poninkivska Cardboard and Paper Mill-Ukraine (PCPF-Ukraine, Khmelnytsky region) increased its corrugated packaging output by 19.1% compared to 2023, to 98.8 million square meters.

As reported, the plant practically maintained the same production growth rate throughout the year, with an 18.7% increase in January-November.

According to Ukrpapir Association statistics provided toInterfax-Ukraine, the mill continues to be one of the top three producers of this product after Kyiv Cardboard and Paper Mill and Trypillia Packaging Mill.

Over the past year, the company also increased its production of containerboard (including corrugated paper) by 2.6% to 80.4 thousand tons, and paper by 24% to 0.95 thousand tons.

At the same time, in December, it reduced the production of corrugated boxes by 14% by December 2023, but increased by 10.6% by November 2024, to 12.8 million square meters. Paper and cardboard production decreased by 6% and 4.7%, respectively, to 7.3 thousand tons.

In monetary terms, PCPF-Ukraine produced products worth UAH 2 billion 732.4 million (+15.3%) over the year.

As reported with reference to the data collected by the association from the main enterprises of the industry, in 2024, the production of cardboard boxes in Ukraine increased by 12.3% compared to 2023 – up to 590.1 million square meters, paper and cardboard by 3.1% – up to 601 thousand tons (in particular, cardboard production decreased by 0.7% to 463.5 thousand tons, paper production increased by 18.2% to 137.5 thousand tons).

Poninkivska Paper Mill (formerly Poninkiv Cardboard and Paper Mill), once the largest producer of school notebooks, now has one main production facility – paper and cardboard, producing mainly corrugated cardboard and corrugated packaging, as well as wrapping and waste paper.

The plant is part of the United Cardboard Company-Ukraine (UCK, Lutsk) owned by businessman Mykola Lobov, whose production assets include, among others, Lutsk KPF-Ukraine (Volyn region), which last year (according to Ukrpapir) produced 63.7 thousand tons of various cardboard (down 3.4%) and 48.8 million square meters of corrugated boxes, compared to 17.4 million square meters a year earlier.

As reported, in 2023, PCPF-Ukraine produced products worth almost UAH 2 billion 450 million, up 3% year-on-year. Net profit increased 2.7 times to UAH 27 million.