Maksym Vykhovanets, a partner of PwC Ukraine, has been appointed Managing Partner of PwC Ukraine since July 1, replacing Ago Vila, who has led the firm for the past seven years.
As noted in the press release, Vykhovanets has over 20 years of professional experience, which he has fully devoted to PwC, where he rose from junior auditor to partner, worked with clients from various industries in Ukraine and Australia.
In addition, the audit team will be strengthened by a new partner, Simon Ferrers-Dunn, who previously held senior positions at PwC in Central and Eastern Europe and will now lead the audit function in Ukraine, effective July 1.
PwC’s global network of firms employs 370,000 people in 149 countries and provides services in audit, tax and legal, transactional and advisory services. PwC has been in the Ukrainian market since 1993. Its regional network includes a head office in Kyiv and representative offices in Lviv and Dnipro.
According to YouControl, PricewaterhouseCoopers (Kyiv) increased its revenue by 34.7% to UAH 619.4m in 2024, while its net profit decreased by 4.1% to UAH 55.9m.
KSG Agro has earned $1.5 million in gross profit in January-March 2025, according to the agroholding’s report published on the Warsaw Stock Exchange.
According to the report, operating profit for the same period was $1.3 million, EBITDA was $1.7 million and sales revenue was $4.3 million.
“In the ultra-tough war conditions, thanks to the continued implementation of the vertically-integrated holding company’s development strategy and the implementation of a quality risk management system, we have maintained profitable operations in two strategically important areas – crop production and pork production. Taking into account the rapid changes in the situation during the war, we regularly stress-test our business model and adjust our activities in accordance with changes in the agricultural market,” emphasized the Chairman of the Board of Directors of KSG Agro Sergey Kasyanov, whose words are quoted in the message.
Vertically integrated holding KSG Agro is engaged in pig breeding, as well as production, storage, processing and sale of grains and oilseeds. Its land bank in Dnepropetrovsk and Kherson regions amounts to about 21 thousand hectares.
According to KSG Agro, it is among the top five pork producers in Ukraine. In 2023, the agroholding began to implement a strategy of “network centricity”, under which it will move from the development of a large location to a number of smaller and located in different regions of Ukraine pork enterprises.
Farms of KSG Agro Holding have started summer harvesting campaign on a total area of more than 7.6 thousand hectares – 6.428 thousand hectares of winter wheat and 1.176 thousand hectares of spring barley, the press service of the company reported.
Head of the crop division of the agroholding Vladimir Kalilei noted that the harvest is taking place in difficult drought conditions, which are characterized by the lack of sufficient moisture and high temperatures at the time of grain pouring.
“The current harvesting campaign is already the fourth since the beginning of the large-scale war. However, thanks to the continued implementation of the development strategy of the vertically integrated holding and the introduction of a quality risk management system, we are working effectively in the crop segment, realizing that the food security of the country depends on our performance,” – said the head of the Board of Directors of KSG Agro Sergey Kasyanov, whose words are quoted in the message.
In the summer harvesting campaign of the agricultural holding, which is scheduled to be completed by the end of July, 18 combines John Deere and Claas Lexion, as well as 60 trucks are involved.
KSG Agro, a vertically integrated holding company, is engaged in pig breeding, as well as in the production, storage, processing and sale of grain and oilseeds. Its land bank in Dnepropetrovsk and Kherson regions amounts to about 21 thousand hectares.
According to KSG Agro, it is among the top five pork producers in Ukraine. In 2023, the agroholding began implementing a strategy of “network-centricity”, under which it will move from the development of a large location to a number of smaller and located in different regions of Ukraine pork enterprises.
KYIV. July 2, 2025 – In the first half of 2025, the fulfillment rate of forward contracts on the Ukrainian Universal Exchange (UUE) reached 97.2%, which confirms the effectiveness of this instrument in the timber market. According to the exchange, out of 351 thousand cubic meters of unprocessed timber stipulated in the contracts, 341.16 thousand cubic meters were actually delivered.
The contracts were signed at the end of 2024 with the delivery period from January to June 2025. In total, sales were made under 55 forward agreements in more than ten regions of Ukraine.
According to Serhiy Gladkyi, Director of the Ukrainian Wholesale Exchange, such results demonstrate high discipline of bidders and trust in exchange mechanisms:
“Forward contracts allow market participants to plan logistics, production and finances six months in advance. The high level of execution confirms the effectiveness of long-term contracts,” he emphasized.
A key element of the system is the guarantee fee, which ensures the financial responsibility of the parties and minimizes the risks of default.
According to the exchange, this level of fulfillment is also evidence of the maturity of the market and the effectiveness of exchange instruments in the timber segment.
Forward contracts, Sergiy Gladkyy, TIMBER, UICE, Ukrainian Universal Exchange
On June 26, the National Public Television and Radio Company of Ukraine announced its intention to conclude a contract with IC “Innovative Insurance Capital” (Kiev) for life and health insurance services for journalists and other employees of JSC “NOTU” under martial law.
According to the company’s message in the system of electronic procurement Prozorro, its price offer amounted to 495 thousand UAH against the expected cost of 692 thousand UAH.
The term of the contract is 12 months.
The tender was also attended by insurance companies “Ultra Alliance” with an offer of UAH 293.7 thousand and IC “Kraina” – UAH 657.4 thousand.
As reported, the Verkhovna Rada in July 2022 obliged the heads of the media to provide armored vests, helmets and first aid kits for journalists sent to work in the war zone, as well as to provide for them insurance at the expense of the employer.
As stated on the company’s website, Innovative Insurance Capital has been operating in the insurance market of Ukraine for 17 years and has 26 licenses for insurance activities, including 17 for voluntary insurance and nine for compulsory insurance.
The authorized capital of the company is UAH 100 mln.
The international news portal Euronews published an article entitled “More trees, more tools: Uzbekistan intensifies efforts to restore the Aral Sea and support green business“. The material is devoted to the current environmental issues that Uzbekistan presented at the Eco Expo Central Asia 2025 exhibition.
The article discusses two key initiatives presented by the Uzbek authorities. The first is the expansion of environmental projects in Karakalpakstan, the region most affected by the drying up of the Aral Sea. In recent years, more than 2 million hectares have been planted on the dried-up bottom of the former sea. Now, in addition to reforestation, the emphasis will be on biosaline farming, sustainable agriculture, and rational water use.
The second important area is the launch of a national green certification system to help small and medium-sized businesses implement environmentally sustainable technologies. According to the Minister of Ecology Aziz Abdukhakimov, this will open up access to green financing, international grants and soft loans, thus changing the attitude of entrepreneurs to environmental standards.
The article also quotes the opinion of the UN Resident Coordinator in Uzbekistan, Sabine Mal, who welcomed the initiatives and called the Aral Sea restoration program an example of environmental restoration of global importance.
