Business news from Ukraine

Business news from Ukraine

Kametstal has mastered production of new grades of steel and rolled products for export

The Kametstal plant, part of the Metinvest mining and metallurgical group (Kamensk, Dnipropetrovsk region) took into account the demands of the Ukrainian and European markets in 2025, expanding its range of continuously cast billets (CCB) by four items and its range of sought-after rolled products by three items.

According to the company, in 2025 Kametstal once again confirmed its leading position among Metinvest’s metallurgical enterprises in terms of the number of new products developed. Of the 11 new types of metal products brought to market, seven are the work of the Kametstal team.

It is specified that the achievements of the steelmakers of the converter shop include four new steel grades: 10U1, 20U, 26G2TR, and S355NL-1N with enhanced requirements for chemical composition, primarily in terms of sulfur and phosphorus content.

The casting of new steel grades into continuously cast billets with a cross-section of 335×400 mm has been mastered at continuous casting machine No. 2, where the reconstruction of electrical equipment was completed last year. This, in particular, contributed to the stabilization of the casting speed and, consequently, to the improvement of the cutting accuracy of billets, minimizing metal waste. The purpose of the new semi-finished products is the manufacture of round rolled products and their further processing into seamless pipes for critical applications.

The rolling mill team offered Ukrainian and European consumers three new product ranges that had not previously been produced at the plant. First and foremost, these are 8-32 mm diameter rebars for the Polish and Romanian markets, the production of which has been mastered on the 400/200 mill. Thanks to certification in accordance with the building standards of these countries, Metinvest has already shipped more than 100,000 tons of B500SP class rebar to Poland in 2025.

The ball mill has mastered the production of 100 mm diameter grinding balls with high surface and volume hardness, which corresponds to the fifth group. By experimentally determining the optimal heat treatment mode after rolling, specialists have achieved stable production of products with increased wear resistance, which is necessary for the stable and efficient operation of the company’s mining and processing plants.

Kametstal is part of the Metinvest Group.

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Leaders of sugar season: Radekhiv Sugar, Astarta, and Ukrprominvest-Agro

Sugar factories continue to operate in January 2026, but the top five leaders in production have already been determined, although the exact amount of their output cannot yet be announced in all cases, said Yana Kavushevska, head of the National Association of Sugar Producers “Ukrtsukor,” in an interview with Interfax-Ukraine.

The top three leaders in the industry remain stable from year to year: Radekhiv Sugar (535,000 tons produced, but one plant is still operating), Astarta (362,000 tons), and Ukrprominvest-Agro (242,000 tons as of January 10, but the plants are still operating), noted the chair of the board of Ukrtsukor.

According to her information, the Teofipol Sugar Plant (100,000 tons) took fourth place in the 2025 season, and A’SPIK Group (94,000 tons) took fifth place.

According to Ukrtsukor, 27 sugar plants were operating in Ukraine in the 2025 season. As of January 10, four factories continue processing. According to the industry association’s forecasts, the sugar production season will end on January 18-20.

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China suspends electricity purchases from Russia amid rising prices

From January 1, 2026, China has completely stopped purchasing electricity from Russia, including the minimum contractual volumes. The reason is related to prices: the export cost of supplies from Russia in 2026 for the first time exceeded domestic electricity tariffs in China, making imports uneconomic. In China, the price remains virtually unchanged and is estimated at about 350 yuan per 1 MWh.

The contract for electricity supplies to China was concluded in 2012 and is valid until 2037.

Earlier, Inter RAO had already recorded a reduction in electricity exports to China in 2025 amid supply constraints in Russia’s Far East region, Reuters reported.

 

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International Grains Council has raised its forecast for global grain production in 2025/26 to record high

In its January review, the International Grains Council (IGC, headquartered in London) raised its forecast for global grain harvest in 2025/26 (July-June) by 31 million tons to a record 2 billion 461 million tons.

This is primarily due to improved forecasts for corn harvests, mainly in the US and China, and barley harvests in Canada and Australia.

In the 2024/25 season, the harvest amounted to 2 billion 238 million tons.

“Thanks to an increase in yield (by 5%) and an increase in acreage (by 1%), the grain harvest in the 2025/26 season will break all existing records. In addition to record corn and wheat harvests, barley and sorghum harvests are also expected to reach multi-year highs,” the review says.

The estimate for grain consumption has been raised by 16 million tons to 2.416 billion tons. Carryover stocks at the end of the season are forecast at 634 million tons, which is almost 16 million tons higher than the previous estimate.

Global trade this season is estimated at 446 million tons, which is 4 million tons higher than the previous forecast and 5% higher on an annualized basis.

The wheat harvest forecast has risen to 842 million tons, which is 12 million tons higher than the previous estimate. In the 2024/25 season, the harvest amounted to 801 million tons. “It is expected that in the 2026/27 season, the area sown with wheat will decrease slightly, and assuming average yields in the next season, the harvest is preliminarily forecast to decline by about 2%,” the review says. “As demand has reached a new peak, a slight reduction in global stocks is expected, but aggregate stocks in major exporting countries will remain at comfortable levels.”

The corn harvest forecast for the 2025/26 season has been raised to 1.313 billion tons from the previous 1.298 billion tons. Last season, 1.238 billion tons were harvested.

The estimate for global rice production has remained virtually unchanged at 543 million tons. Taking into account a slight decline in consumption, stocks at the end of the 2025/26 season will increase by 2 million tons. Expectations for global trade volume in calendar year 2026 have declined slightly, but at 60 million tons (a 2% increase), it will still be a record high, the review notes.

Earlier, the Experts Club analytical center presented a video analysis of global grain production by leading agricultural countries in the period 1991-2024. The video is available here: https://youtube.com/shorts/2XwiBWf9GrM?si=F9-QsXbWRl2jqV8M

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Aurora opened 235 stores in 2025, with revenue growing to UAH 58.6 bln

The Ukrainian one-dollar store chain Aurora opened 235 new stores in Ukraine in 2025, with the chain’s revenue amounting to UAH 58.6 billion (including VAT), which is 28.6% more than in 2024, the chain’s CEO Taras Panasenko said on Facebook.

He said that in 2025, more than 12 million customers chose Aurora stores more than 370 million times, and the Net Promoter Score (NPS) rose to 59 points.

“We are strengthening our support for Ukrainian manufacturers: about 50% of our assortment consists of goods from Ukraine, from more than 600 manufacturers, 36 of which export products to 65 Aurora stores in Romania. An important event of the year was also obtaining AEO (Authorized Economic Operator) status, which confirms that the company operates completely “in the white” and according to all the rules,” Panasenko emphasized.

Over the year, Aurora paid more than UAH 8.6 billion in taxes, entering the top 20 largest taxpayers in Ukraine and becoming the largest taxpayer in the Poltava community (UAH 288.4 million in personal income tax). The company’s support for social and charitable projects amounted to UAH 322 million.

“Importantly, we have created the roles of Chief Veteran Officer and Chief Inclusion Officer and are developing veteran and inclusive initiatives as part of our systematic work. More than 140 veterans, including defenders with disabilities, already work at Aurora,” he said.

Aurora was founded in 2011 by Lev Zhydenko, Taras Panasenko, and Lesya Klymenko. By the end of 2025, the chain will have over 1,700 stores in Ukraine and 65 in Romania. The retail chain’s headquarters are located in Poltava.

According to Opendatabot, the owner of Vygidna Pokupka LLC, which develops the chain, is the Cypriot company Aurora Retail Investments Limited, its beneficiary is Lev Zhydenko, and among the owners are funds managed by Horizon Capital.

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LNZ Group agricultural holding exported over 2 mln tons of agricultural products in 2025

The LNZ Group agricultural holding exported about 2 million tons of agricultural products in 2025, according to the press service of the agricultural holding, citing data from the director of LNZ Export, Volodymyr Humenyuk.

The agricultural holding noted that after acquiring the SEZ, LNZ Group became one of the leaders in oilseed processing, focusing on rapeseed and soybeans. Processed products are also sold on foreign markets, where the company has strengthened its position and established itself in the premium segments.

“About 90% of exports are carried out through the ports of Greater Odessa. Throughout the year, LNZ Group expanded its presence primarily in the EU markets, cooperating with both multinational corporations and local processors in Italy, Spain, the Netherlands, Greece, etc. Products were also supplied to neighboring Poland, Hungary, and Romania, as well as to countries in the Middle East, North Africa, and Asia,” said Gumenyuk.

Roman Franchuk, Director of Agricultural Production at LNZ Group, emphasized that, in general, the past season in the agricultural sector was difficult for LNZ Group due to weather conditions—a cold spring, a cool start to summer, and a prolonged drought reduced yields in the company’s fields in the central region. The situation was better in the Sumy cluster, but harvesting there was complicated by constant attacks from enemy UAVs. In the Vinnytsia region, where it rained, technical crops were harvested with high yields. In the Rivne cluster, due to prolonged rainfall and late soybean vegetation, harvesting is still ongoing, while early grains, in particular wheat, yielded about 6 t/ha.

The holding achieved planned yields on 200 ha of vegetable crops thanks to drip irrigation. They grew onions, peppers, tomatoes, rhubarb, cauliflower, and broccoli. Next year, they plan to expand the area under vegetables and add carrots and table beets. Raspberries and strawberries also showed high yields, and the area under them will also be increased.

“Taking into account the season, the company has revised its crop structure for 2026: it has increased the area under rapeseed to 11,000 hectares, under winter wheat to 17,000 hectares (12,000 hectares a year earlier), and has also expanded the area under peas to 3,000 hectares (usually 500 hectares). The area under sugar corn for the needs of the TEVITTA freezing plant remained unchanged at 750 hectares,” Franchuk summed up.

LNZ Group is a vertically integrated agricultural holding company with its central office in the village of Lebedyn, Cherkasy region. It specializes in the cultivation of grain, industrial, and berry crops, seed production, as well as the distribution of plant protection products (TM DEFENDA) and seeds (TM UNIVERSEED).

The holding’s land bank covers more than 80,000 hectares in the Cherkasy and Sumy regions. It has a network of elevators with a total capacity of about 170,000 tons, as well as modern storage facilities with an area of more than 50,000 square meters and refrigeration complexes with a capacity of 8,000 tons.

LNZ Group has a number of processing plants. The Lebedyn Seed Plant (corn division) specializes in the full cycle of corn seed processing with a capacity of up to 330 tons/day. The multifunctional seed plant cleans and calibrates wheat, soybeans, and sunflowers (up to 200 tons/day). The oilseed processing plant specializes in the production of soybean and rapeseed oil and meal.

The Tevitta frozen food plant specializes in flash freezing berries, vegetables, and fruits (IQF technology) with a capacity of 10,000 tons per year. The Shpola food factory (TM “Zhayvir”) produces snacks, halva, kozinaki, etc.

The main beneficiary of the group is Dmytro Kravchenko.

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