Which market leaders increased their wealth in the first year of the full-scale invasion?
The revenues of the top 10 mining companies decreased by 14% in the first year of the full-scale war, according to the Opendatabot Index. In total, the market leaders earned UAH 295.15 billion over the year. These are companies engaged in the extraction of iron ore, natural gas, and coal. Six out of ten companies are owned by Rinat Akhmetov, and the leader in the sector is the state-owned Ukrgazvydobuvannya.
The leading companies in the extractive industry earned UAH 295.15 billion. This is 14% less than in 2021, when these businesses earned UAH 343.24 billion. Almost half of the total income of the leaders is accounted for by 3 natural gas companies.
The state-owned company Ukrgazvydobuvannya was the top performer, with revenue of UAH 86.38 billion. This is 29% of the total revenue of the top 10. At the same time, the company’s earnings fell by 4% compared to 2021.
It is worth noting that 6 of the top 10 companies belong to Rinat Akhmetov’s SCM Group. These companies accounted for 54% of the total revenue of the top 10 companies – UAH 159.57 billion.
Three of Akhmetov’s companies in the ranking increased their revenues and moved up in the ranking. These are:
– DTEK Pavlohradvuhillya increased its revenues by 1.8 times, taking the second position or UAH 44.2 billion,
– Pokrovskoye Mine Administration (UAH 38.47 billion) earned 1.8 times more, moving up to the 3rd place in the ranking,
– Naftogazvydobuvannya’s revenues increased by 2.3 times to UAH 35.99 billion. This is the __ position in the ranking
On the contrary, the revenue of 3 other SCM Group companies engaged in iron ore mining has significantly decreased compared to 2021:
– by almost 4 times at Northern GOK, to UAH 13.8 billion
– by more than 3 times, to UAH 12.7 billion, at Inguletsky GOK,
– by one third – at Central GOK (UAH 14.3 billion).
Ukrnaftoburinnya, previously owned by Ihor Kolomoisky, Vitaliy Khomutynnik and Pavlo Fuks, which was transferred to the ARMA by a court decision, was included in the ranking in 2022. This is despite the fact that in 2022 it received 25% less revenue compared to 2021 – UAH 9.7 billion.
The last 2 companies in the top are engaged in the extraction of iron ore and belong to the FERREXPO group (Kostiantyn Zhevago), which reduced their revenues last year. These are Poltava Mining, whose earnings decreased by 2 times, and Yeristovo Mining, whose revenue fell by 16%. Together, these two companies earned UAH 39.48 billion.
The Opendatabot index is an analytical tool for assessing the real situation and geography of Ukrainian business based on data from state registers, Opendatabot registers, financial statements of companies, information on ties with Russia, sanctions lists and other analytical tools of Opendatabot.
https://opendatabot.ua/analytics/index-mining_industry-2023
Opendatabot Index, Pavlohradvuhillya, Pokrovskoye Mine Administration, RINAT AKHMETOV, SCM GROUP, UKRGAZVYDOBUVANNYA
JSC “Ukrzaliznytsia” (UZ) has built at its own facilities a grain carrier adapted for transportation both on the Ukrainian gauge of 1520 mm and on the Euro gauge of 1435 mm, the company reported on Friday.
“For the first time in the history of Ukraine made a grain carrier at the production facilities of “Ukrzaliznytsia”, maximally adapted for transportation of cargoes on the territory of Ukraine and the gauge 1435 mm of the European Union countries,” – the release quotes the words of the head of the board of directors of UZ Evgeny Lyashchenko.
According to him, Ukrzaliznytsia plans to launch serial production of such cars.
According to the UZ release, the new development is a hopper car of model 19-8005-U, designed for transportation of grain and other bulk food cargoes. Its load capacity is 70 tons, body volume 104 cubic meters, 02-VM gauge, five loading and six unloading hatches, design speed of 120 km/h.
UZ noted that the use of the new car will reduce the cost of logistics and simplify the procedure for approval of international rail transportation, as it meets the requirements applicable to the infrastructure of EU countries.
German Chancellor Olaf Scholz is optimistic on the allocation of EUR50 billion for Ukraine, Reuters reports.
“We have other ways to help Ukraine, but we have not given up the goal of finding a solution here,” Scholz said.
German Chancellor and French President Emmanuel Macron hope that Ukraine will receive help from the EU.
As reported, an extraordinary meeting of the European Council, which is to decide on the revision of the EU budget, as well as on the continuation of EUR50bn funding for Ukraine until 2027, will be held at the end of January-February, but there is no specific date yet. At the same time, the European Commission intends to work on a contingency plan that will make it possible to do so.
State-owned Ukreximbank is the first in the Ukrainian market to conduct a public sale of pledged property – jewelry made of precious metals and gems – through the OpenMarket electronic trading system (SE SETAM of the Ministry of Justice of Ukraine).
Unique nature of the sale
For a long period of time, the sale of pledged gold jewelry was complicated due to the lack of clear procedures that would allow the sale of jewelry at public auctions. Until 2022, jewelry was redeemed in favor of the state through the State Storage of Precious Metals, but due to a lack of funds in the budget, this process was “frozen”.
In 2022, a new Procedure for the Sale of Jewelry and Other Household Items Made of Precious Metals in the Course of Enforcement of Court Decisions and Decisions of Other Authorities was adopted. The Procedure, approved in February 2022, provides for a number of examinations prior to public bidding to determine the metal sample, determine the characteristics of gemstone inserts, etc.
Ukreximbank is the first bank in Ukraine to carry out all the necessary procedures for the sale of jewelry within the framework of enforcement proceedings, involving the Ministry of Finance of Ukraine and the Central State Assay Control Enterprise.
Thus, within the framework of the enforcement proceedings initiated in accordance with the requirements of the court decision on debt collection in favor of Ukreximbank, for the first time, a lengthy and extremely complicated procedure was completed from the preparation of the act of inventory and seizure of the debtor’s property, namely, jewelry made of precious metals and precious stones to the publication of the relevant announcements on the platform of the electronic system of SE SETAM on the date of the scheduled electronic auction.
The procedure for obtaining the statutory expertise is regulated and complex, but the coordination of the actions of the recoverer and the state enforcement officer made it possible to complete it in the shortest possible time. The property appraisal report, on the basis of which the starting price of the property put up for sale was formed, received by the state enforcement officer, contains references to
– an act of examination of valuables that have been accepted by the Central State Assay Control Enterprise;
– the act of the results of the examination of jewelry by an employee of the Ministry of Finance of Ukraine;
– the act of gemological examination of inserts.
Also, this is one of the rare cases when the Bank manages to successfully foreclose on such type of collateral as goods in circulation, usually when the borrower is recognized as a problematic borrower and the goods are no longer available.
Terms of sale
Lot No. 1
The starting price of the lot is UAH 1,972,320.00.
The total weight of the items is 1,355 kg.
The guarantee fee for participation in the auction is UAH 98,616.00.
The auction date is December 29, 2023.
Register for the auction, detailed description of the auction conditions and the lot itself by following the link.
Lot No. 2
The starting price of the lot is UAH 594 520.00.
The total weight of the products is 482.56 g.
The guarantee fee for participation in the auction is UAH 29,726.00.
The auction step is UAH 11,890.40.
The auction date is December 19, 2023.
To register for the auction, for a detailed description of the auction conditions and the lot itself, please follow the link.
Lot No. 3
The starting price of the lot is UAH 75 330.00.
The total weight of the products is 61.13 g.
The guarantee fee for participation in the auction is UAH 3,766.50.
Auction step is UAH 2,259.90.
The auction date is December 19, 2023.
To register for the auction, for a detailed description of the auction conditions and the lot itself, please follow the link.
The OpenMarket auction (SE SETAM of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014, and the total amount of sales since its launch is UAH 21.4 billion.
The number of charitable organizations has increased by 74% since the beginning of the full-scale invasion. At the same time, the total number of non-profit organizations, including charities, has remained almost unchanged.
As of early December 2023, there were 20,671 charitable organizations in Ukraine. Their number has increased by 74% since the beginning of the full-scale war.
At the same time, the total number of non-profit organizations has remained almost unchanged, with 1,600 organizations added. This is less than 1% of the total number of organizations. In total, there are currently 208,385 nonprofit organizations in Ukraine.
Among all nonprofit organizations, the largest number of them are public associations – 57,497 or 27.5% of the total number. Before the start of the full-scale war, various state employees were in second place, but now they have been replaced by apartment building co-owners associations – 33,402 or 16.03%. The top is rounded out by 31,293 non-profit budgetary institutions.
The number of budgetary institutions and creative unions decreased most significantly – by 27.6% and 26.9%, respectively.
The capital has the largest number of registered nonprofit organizations – 11.8% of the total number in the country. Their number is growing every year. Over 4,000 such institutions have been added to the capital during the full-scale war.
The second place is occupied by Lviv region – 7.8%. Dnipropetrovs’k region is in third place: 7.3%. Odesa and Kyiv regions round out the top five with 5.8% and 5% respectively.
You can check the nonprofit status of an organization in the Opendatabot. To do this, send the bot the company code.
The number of charitable organizations, the total number of non-profit organizations, Опендатабот
The Enforcement Division of the State Enforcement Service Department of the Ministry of Justice of Ukraine has put up for sale at an electronic auction on OpenMarket (SE SETAM of the Ministry of Justice of Ukraine) a building located at 139 Saksaganskogo Street in Kyiv.
The building has an area of 10,182.30 sq. m. (according to the technical inventory – 10,160.50 sq. m.). The price per square meter is UAH 27,510.
The lot is subject to a mortgage.
“The seized building on Saksaganskogo Street has been re-auctioned for the third time, so the lot is discounted by 30% from the first one. The building is located between Universytet and Vokzalna metro stations. Nearby, you can find a parking lot, public transport stops, shops, bank branches, a bus station, and much more. You can take part in the auction on December 18 by paying the guarantee fee in advance, namely UAH 14,005,740,” said Oleksandr Mamro, CEO of SETAM.
For more information, please follow the link: setam.net.ua/auction/537447
The OpenMarket auction (SE SETAM of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014. The total amount of sales since its launch is UAH 21.4 billion.
