Business news from Ukraine

Business news from Ukraine

At Dairy Congress, Yevgen Shatokhin presented new AgriAcademy course: “Rearing and fattening young cattle”

On October 27, a new course, “Rearing and Fattening Young Cattle,” by Yevgen Shatokhin, an international expert on animal husbandry at the Food and Agriculture Organization of the United Nations (FAO) and the EBRD, became available on the AgriAcademy platform. The course was announced on October 18 during the International Dairy Congress, writes SEEDS.

The course Raising and Fattening Young Cattle is designed for owners, managers, and employees of farms who want to develop cattle breeding and fattening or start a business in this segment.

“Today, Ukrainian farmers are looking for proven solutions that will help reduce risks, increase production efficiency, and achieve stable profitability. That is why we have prepared a course that brings together the practical experience gained over 25 years of work in animal husbandry,” said Yevgen Shatokhin.

Education that helps you earn money

The course “Raising and Fattening Young Cattle is a new training program that will soon be available on the AgriAcademy.org platform, which brings together dozens of free practical courses for Ukrainian agribusiness.

AgriAcademy is a free online learning platform created on the initiative of the EBRD as part of its program to support food security in Ukraine. Its goal is to strengthen the competitiveness and sustainable development of agriculture, which has suffered significant losses due to the war.

The platform’s creation and management (including course development, training tours, etc.) is supported and funded by the EBRD, as well as:

  • The EBRD’s Multilateral Donor Account for Stabilisation and Sustainable Growth in Ukraine (donors: Denmark, Finland, France, Germany, Italy, Japan, the Netherlands, Norway, Poland, Sweden, Switzerland, the United Kingdom, the United States and the European Union as the largest donor);
  • The Republic of Ireland through the EBRD Small Business Promotion Fund (other donors to the fund: Italy, Japan, South Korea, Luxembourg, Norway, Sweden, Switzerland, Taipei China, and the United States);
  • The Food and Agriculture Organization of the United Nations (FAO).

The course covers key business organization issues:

  • how to assess your own resource base;
  • how to decide on the final product of fattening;
  • how to avoid typical beginner mistakes;
  • how to properly organize the process of feeding, keeping, and managing animals.

“We wanted to create not a theoretical lecture, but a step-by-step guide that farmers can immediately apply in practice. All modules were filmed on real farms, demonstrating technological solutions that have already proven their effectiveness,” explains the course author.

Course structure

The program consists of six modules covering the entire production cycle:

  1. Grain feeding of young cattle
  2. Assessment of the resource base
  3. Risks, mistakes, and control points in feedlot management
  4. Use of beef bulls in dairy cattle herds
  5. Key stages of fattening

After each video module, participants take a short test to reinforce what they have learned.

The total duration of the course is 4 hours.

Who can take the course

The course will be useful for:

  • farm owners,
  • livestock complex managers,
  • feeding and veterinary specialists,
  • agricultural university students,
  • anyone who wants to create an effective business in the field of young cattle fattening.

The course is available free of charge on the AgriAcademy.org platform.

Upon completion, participants receive a certificate and access to other training programs, ranging from agricultural enterprise management to product processing and sustainable production.

AgriAcademy provides practical education that helps farmers develop their businesses and move forward.

Practical knowledge, modern technologies, and a systematic approach to livestock development

Today, the platform already offers more than 30 certified courses for managers and specialists of agricultural companies, farmers, veterinarians, agronomists, students, and teachers.

The main areas of the courses are:

  • livestock and veterinary medicine
  • • crop cultivation, storage, and processing
  • • agronomy, irrigation, and agricultural technologies
  • • berry growing and horticulture
  • • organic production and sustainable development

By the end of 2026, AgriAcademy will launch 20 new courses that address the most pressing challenges facing agribusiness.

Studying with AgriAcademy is easy, interesting, and useful

  • Free – all courses are open to all farmers
  • Convenient – online at any time and from any device
  • Practical – knowledge from leading Ukrainian and international experts
  • Certified – after the test, you will receive an official certificate
  • Relevant – created in collaboration with companies that shape the modern agricultural sector

Go to training and get a certificate at AgriAcademy.org

https://agriacademy.org/courses-catalog/

SEEDS

Turkish shoe store chain FLO is leaving Ukraine

Turkish shoe retailer FLO is reducing its presence in the Ukrainian market: as of October 2025, it has only one store left in Ukraine — in the Fontan Sky shopping center (Odessa), whereas the company had previously planned to open up to 50 retail outlets.

According to publications, the closure of the company’s stores was influenced by extremely low sales: for example, the FLO hall in the Nikolsky shopping center in Kharkiv had an area of about 1,200 m², but its turnover was 4-5 times lower than expected.

According to data from the state register, in January-June 2025, the Ukrainian division’s revenue amounted to 53.3 million hryvnia, a decrease of 39.3% compared to the same period last year; the company’s loss during this period amounted to about 43 million hryvnia.

FLO is a Turkish footwear chain founded in the 1960s, with more than 850 stores in over 30 countries. It is one of the leading footwear retailers in the Middle East, African, and Eastern European markets. In 2020, FLO entered the Ukrainian market, opening its first stores in Lviv and Kyiv.

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Ukraine will be able to export additional 46,000 tons of sugar to EU

Ukraine may export an additional 46,000 tons of sugar to the EU as early as 2025, according to a statement by the National Association of Sugar Producers of Ukraine “Ukrtsukor” on its Telegram channel.

The industry association recalled that on October 29, 2025, an updated trade agreement between Ukraine and the European Union came into force, which provides for a 400% increase in the tariff quota for white sugar to 100,000 tons. As part of the agreements reached, the quota for the current year has also been revised, which will allow Ukrainian sugar producers to export an additional 46,625.8 tons of white sugar to the EU by the end of 2025.

According to Cabinet of Ministers Resolution No. 1368 of October 29, 2025, this volume will be distributed among exporters in proportion to the volume of exports of the specified products to the EU during January-May 2025.

Ukrtsukor specified that in October 2025, Ukraine exported 44.4 thousand tons of sugar worth over $20 million, of which only 2% was supplied to EU markets. Lebanon was the leader in terms of export volume, receiving 48% of all sugar. Syria and North Macedonia were also among the top three importers of Ukrainian sugar in October.

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Net loss of pharmaceutical company Darnitsa amounted to almost UAH 480 mln

The net loss of PJSC Pharmaceutical Company Darnitsa (Kyiv) in January-June 2025 amounted to UAH 479.473 million, while in the same period of 2024, the company received UAH 6.528 million in net profit.

According to the company’s disclosure to the National Securities and Stock Market Commission, the net loss from sales in the first half of 2025 amounted to UAH 380.233 million, while in the same period of 2024, the profit from sales amounted to UAH 119.452 million.

As reported, Darnitsa’s net loss in January-March 2025 amounted to UAH 231.077 million, while in the same period of 2024, the company received UAH 19.484 million in net profit. Net sales revenue for the first quarter of 2025 decreased by 17.4% to almost UAH 1.018 billion.

In 2024, Darnitsa registered 10 drugs outside Ukraine and entered six new markets, including EU countries, Bosnia and Herzegovina, Israel, New Zealand, and Malaysia. In total, Darnitsa’s drugs are represented in more than 20 countries around the world.

At the end of 2024, exports accounted for 3.5% of the company’s sales. At the end of 2023, exports accounted for 4%. Exports were made to 17 countries.

Darnitsa has been present on the market for over 90 years, is one of the top 10 pharmaceutical manufacturers in Ukraine, and produces 180 brands of medicines in 15 different forms. The strategic areas of portfolio development are cardiology, neurology, and pain management.

According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the ultimate beneficiary of the company is Gleb Zagoriy.

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Nikopol Ferroalloy Plant increased its losses by 86%

In January-September of this year, PJSC Nikopol Ferroalloy Plant (NFP, Dnipropetrovsk region) increased its net loss by 86.1% compared to the same period last year, from UAH 1 billion 81.463 million to UAH 2 billion 12.843 million.

According to the NPF’s interim report, net income for this period decreased by 21.4% to UAH 5 billion 111.026 million from UAH 6 billion 500.004 million.

Undistributed profit at the end of September 2025 amounted to UAH 2 billion 281.398 million.

As reported, in 2024, NZF increased its net loss by 15.9% compared to 2023, to UAH 3 billion 35.966 million from UAH 2 billion 620.399 million. Net income for the past year decreased by 17.7% to UAH 7 billion 813.056 million from UAH 9 billion 493.059 million.

In addition, it was reported that the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both in Dnipropetrovsk region), which are part of the Privat Group, stopped mining and processing raw manganese ore at the end of October-beginning of November 2023, while NZF and ZZF stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimum level.

NZF is Ukraine’s largest producer of silicon and ferromanganese. The average monthly output of ferroalloys during stable operation of the enterprise is about 55-60 thousand tons.

According to NDU data for the first quarter of 2025, Sofalon Investments Limitad owns 15.503% of the shares of PrJSC, Rougella Properties Ltd. – 9.6904%, Dolemia Consulting Ltd. – 15.7056%, Sonerio Holdings Ltd. – 9.2158%, Manjalom Limited – 5.8824%, Treelon Investments Limited (all – Cyprus) – 15.1013%.

The authorized capital of PJSC NZF is UAH 418.915 million.

NZF is controlled by the EastOne group, created in the fall of 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group (both based in Dnipro).

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Ukrtelecom increased its revenue to UAH 3.8 bln in first nine months of 2025

Ukrtelecom, Ukraine’s largest fixed-line operator, increased its revenue by 5.6% in January-September 2025 compared to the same period in 2024, to UAH 3.8 billion, and its EBITDA by 6.6%, to UAH 906 million.

According to the company’s press release on Friday, revenue from fiber-optic internet services grew by 11.3%, and the share of subscribers using fiber-optic internet reached 80%.

The operator added that in January-September 2025, more than 3.5 thousand km of fiber-optic lines were laid, and in total, since the beginning of the full-scale invasion, more than 20 thousand km of optics have been built, which has enabled 1.4 million households to connect to fiber-optic internet. In total, fiber-optic internet is currently available to over 3.3 million users.

Ukrtelecom specified that this year, over 90 medical and nearly 160 educational institutions were also connected to fiber-optic internet, increasing their total number to over 1,360 and about 1,860, respectively.

It is noted that the company’s commercial rental income for the third quarter of 2025 exceeded UAH 400 million, while last year this figure was UAH 325 million.

In the first nine months of 2025, Ukrtelecom paid UAH 1.175 billion in taxes and fees to the budget, which is more than 17% better than the same indicator last year.

As reported, in January-June 2025, Ukrtelecom received total revenue of almost UAH 2.47 billion, which is approximately 7.4% higher than in the same period of 2024, while EBITDA decreased by approximately 12.9% to over UAH 540 million.

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