The National Securities and Stock Market Commission (NSSMC) has reduced the number of its committees from 12 to 10 and clarified the areas of responsibility of the Commission members, whose number has been reduced from six to five. In particular, by merging the committees on issuer functioning and corporate governance and on the development and implementation of derivative contracts, a committee on corporate governance functioning, development, and implementation of financial instruments has been created, which will be headed by Commission member Maxim Libanov.
As part of the review of the structure, the NCCFM also merged the trading and post-trading areas of the capital market infrastructure into a single committee, headed by commission member Irakli Baramia.
It has been decided that the committee on the functioning of joint investment and accumulative pension institutions will be headed by commission member Arsen Ilyin.
Commission member Yuriy Shapoval continues to head three committees: on law enforcement, information technology and cybersecurity, and financial monitoring and control of financial reporting.
According to the regulator, the changes should optimize the Commission’s activities, reduce duplication of functions between committees, and improve decision-making efficiency by ensuring a more systematic approach to the development and regulation of capital markets.
As reported, on December 31, 2025, Ukrainian President Volodymyr Zelensky dismissed Ruslan Magomedov from the post of head of the NSSMC and appointed Oleksiy Semenyuk to this position, who took office on January 6, 2026.
Then, on January 5, the head of state dismissed two more members of the Commission, Yuriy Boyko and Yaroslav Shlyakhov, who headed four committees: on the functioning of joint investment and funded pension institutions, the development and implementation of derivative contracts, the functioning of the trading infrastructure of capital markets, and the functioning of issuers and corporate governance.
The NSSMC, as a collegial body, consists of a chairperson and seven members (six members until the adoption of a new law in February 2025), who are appointed by the President of Ukraine for a term of six years and dismissed from office in accordance with his decrees.
A meeting of the Commission as a collegial body is considered valid if at least five of its total members are present, so the dismissal of any other member of the NSSMC will result in a temporary loss of quorum.
In addition, from January 1, 2026, a provision of the new law will come into force, according to which candidates must pass a selection committee before being nominated for appointment as a member of the Commission, which may increase the time required for this personnel decision.
The Verkhovna Rada has appointed Dmytro Natalukha as head of the State Property Fund.
A total of 244 MPs voted in favour of the corresponding resolution No. 14379 at a plenary session of the Verkhovna Rada on Wednesday.
Until now, Natalukha headed the parliamentary committee on economic development (Servant of the People faction).
In 2025, AMKR increased steel production by 2.3% to 1 million 688.9 thousand tonnes. This is the second consecutive year of positive dynamics after a sharp recovery in 2024.
The growth was made possible by the team’s efforts to stabilise the operation of key units in wartime conditions. However, as noted by management, production operated with restrictions due to unstable power supply and the need for constant re-planning of work due to attacks on the power grid.
At the end of the year, the EU’s Carbon Border Adjustment Mechanism (CBAM) put additional pressure on export-oriented production, the effects of which the company expects to feel as early as 2026.
ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specialises in the production of long products, in particular, rebar and wire rod. The company has a full production cycle, with production capacities designed for an annual output of over 6 million tonnes of steel, more than 5 million tonnes of rolled products and over 5.5 million tonnes of pig iron.
ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.
Comfy Trade LLC, which develops the Comfy network, has updated its management model and introduced the role of company president, which has been filled by Igor Khizhnyak, while Gennady Verbylenko has been appointed as the new CEO.
‘Comfy announces an update to its management model, which took place in early January 2026. The decision is aimed at strengthening strategic and operational management, ensuring management continuity and the further sustainable development of the company as a leader in the Ukrainian market for household appliances and electronics,’ the company said in a press release.
Igor Khizhnyak, who previously held the position of CEO of Comfy, has taken up the new position of president of the company. According to the announcement, as president of the company, he will be responsible for shaping its strategic priorities.
Khizhnyak has also joined the company’s advisory board. He will participate in determining Comfy’s strategic directions, evaluating key management decisions, and ensuring a balance between the company’s long-term goals, customer expectations, and market development.
In addition, Khizhnyak will soon take up the position of Chief Country Representative in Ukraine at Torwell, which indirectly co-owns Comfy. His task in his new position will be to develop investment projects in Ukraine, the press service reported.
The new CEO of Comfy is Gennady Verbylenko, who has held the position of CEO of the company in various years and was a member of its advisory board, as well as being a minority shareholder in Comfy.
“Comfy is a mature, transparent and efficient company with a strong position in the Ukrainian market and a clear understanding of its role and responsibilities. Today, we are moving on to the next stage of development, which requires a clearer division of strategic and operational focuses. The changes introduced strengthen the company’s management model, contribute to the further transformation of the business model and create the basis for long-term growth and a new level of leadership for Comfy,” said Stanislav Ronis, founder and key beneficial owner of Comfy, in a press release.
According to YouControl, Comfy Trade LLC is owned by Comfy Holdings Limited (100%, Cyprus), with Stanislav Ronis and Svitlana Hutsul as the ultimate beneficiaries.
As reported, Comfy increased its revenue by 9.7% in the first nine months of 2025 compared to the same period in 2024, to UAH 25.4 billion. At the end of 2024, it received UAH 47 billion 720.9 million in revenue, which is 27.1% higher than in 2023. 2024 was the first year when the company exceeded $1 billion in revenue.
The Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR) increased its rolled steel production by 1.4% compared to 2024, reaching 1 million 556.6 thousand tonnes in 2025.
This growth occurred amid extraordinary challenges: constant attacks on energy infrastructure, power shortages, high electricity tariffs, and complex logistics. Throughout the year, metallurgical production operated under restrictions.
AMKR CEO Mauro Longobardo called 2025 ‘a year of survival and constant adaptation.’ He noted that the team did everything possible to stabilise operations, optimise costs and retain staff.
The company remains the largest producer of rolled steel in Ukraine, specialising in rebar and wire rod.
ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specialises in the production of long products, in particular rebar and wire rod. The company has a full production cycle, with production capacities designed for an annual output of over 6 million tonnes of steel, more than 5 million tonnes of rolled products and over 5.5 million tonnes of pig iron.
ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.
As part of Rinat Akhmetov’s Steel Front military initiative, Metinvest provided the 1st Corps of the National Guard of Ukraine (NGU) Azov with a batch of drones worth UAH 214 million, with total assistance for the year reaching UAH 600 million.
According to a statement released by the group on Wednesday, Akhmetov’s Steel Front military initiative delivered another large batch of drones to the 1st Corps of the NGU Azov. The cost of the equipment delivered is 214 million hryvnias. This delivery was the next stage in the Metinvest Group’s systematic support for the corps in 2025.
It is specified that the total amount of aid to the Azov Corps during the year reached UAH 600 million. The funds were used to provide the most critical technological solutions for the front line, as well as logistical and technical support for the units.
‘In 2025, we continued to support the 1st Corps of the National Guard of Ukraine ’Azov” in areas that are critical for combat operations: electronic warfare, UAVs, communications, as well as logistical and technical support. The total amount of this assistance is UAH 600 million,‘ said Alexander Vodoviz, Head of the Office of the CEO of Metinvest.
In turn, the 1st Corps of the National Guard of Ukraine ’Azov” emphasised that this support is very important, as modern warfare requires constant and rapid updating of the technological base.
‘In 2025, the requirements for equipment have increased significantly. REBs, drones, and secure communications determine the success of operations and save the lives of our soldiers,’ said Ivan Ignatiev, deputy commander of the corps for logistics.
Since the start of the full-scale war, Metinvest has reportedly delivered more than 1,500 UAVs to various units of the Ukrainian Armed Forces. Recently, another batch of ‘birds’ was received by the 27th Military Unit of the Ukrainian Ground Forces. The shipment included 200 FPV drones, 30 DJI Mavic FMC drones and 20 DJI Mavic 3T drones with thermal imaging cameras. Earlier, the Azov special forces brigade of the National Guard of Ukraine received a large shipment of vehicles and equipment worth UAH 40 million from Metinvest.
In total, over the course of a year and a half of full-scale war, Metinvest has allocated UAH 2 billion to support the Ukrainian army as part of Rinat Akhmetov’s Steel Front military initiative.
