In January-September 2025, the manufacturer of agricultural equipment and special-purpose machinery, JSC “Fregat Plant” (Pervomaisk, Mykolaiv region), increased its losses by 21% compared to the same period in 2024, to UAH 50.3 million.
According to the company’s financial report published in the information disclosure system of the National Securities and Stock Market Commission, net sales revenue decreased 3.8 times to UAH 35.2 million.
The company received UAH 10.5 million in gross profit (a year ago – UAH 50.7 million), and the loss from operating activities amounted to UAH 33.3 million, compared to a profit of UAH 16.3 million in January-September 2024.
“During the reporting period, the company focused its efforts on maintaining its customer base, supporting long-term partnerships with counterparties, and ensuring the economical and rational use of funds,” the report says.
The Fregat plant notes that the degree of utilization of fixed assets in the reporting period was 20%.
According to the plant, in the third quarter, the production of agricultural machinery for crop production accounted for 5.5% of the total volume of commercial products, and equipment for the processing industries of the agro-industrial complex accounted for 1.6%, while other types of products accounted for 92.9%.
The average salary in the third quarter of 2025 was 12.5% lower than in the same period of 2024, at UAH 10,900.
The Fregat plant specializes in the production of irrigation systems, road barriers, metal structures, as well as machine-building products and special-purpose machines.
As of October 1, 2025, it had an average of 126 employees, with 85 at the Eastern branch and 10 at the Dnipro branch (both in Pervomaisk).
As reported, in 2024, the plant increased its losses by 58% compared to 2023, to UAH 60.4 million, while its net income increased by 34.6%, to UAH 188.6 million.
On November 26, the Cabinet of Ministers of Ukraine adopted a decision to strengthen support for the livestock industry in frontline territories. The corresponding resolution “On Amendments to the Procedure for Using Funds Provided in the State Budget for State Support for the Development of Livestock Farming and Agricultural Product Processing” was adopted at a regular meeting. The goal is to strengthen state support for agricultural producers in frontline territories and to develop the processing of agricultural products and livestock farming.
The changes provide for an increase in the partial reimbursement of the cost of building livestock farms for keeping cattle in frontline territories from 25% to 50% of the cost.
“Increasing the reimbursement to 50% is significant financial support for businesses that continue to invest in the restoration of livestock farming. This decision will not only reduce the cost of building new facilities, but will also contribute to the growth of milk production and value-added products. As a result, communities in frontline regions will gain new jobs, more stable incomes, and more opportunities for development even in the difficult conditions of war,” emphasized Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture of Ukraine.
The government’s decision is an important step in supporting agricultural producers who are building or renovating livestock farms and processing facilities. The increased reimbursement rate will stimulate investment in livestock farming and accelerate the recovery of production in regions operating near the combat zone.
The document was prepared by the Ministry of Economy, Environment and Agriculture of Ukraine.
Arzinger managing partner Markiyan Malsky and JTI Ukraine CEO Svetlana Sharomok have become new members of the 15-person board of the European Business Association (EBA), replacing BASF Ukraine CEO Tiberiu Dima and Philips Ukraine CEO Serhiy Gontar.
The decision was made at the 26th annual general meeting of EBA companies, which took place this week in Kyiv.
As the association clarified to Interfax-Ukraine, rotational elections are held annually for either 7 or 8 members of the board. This year, seven board members were elected, five of whom were re-elected for a new two-year term: Bayer CEO and CFO Oliver Girlichs, Dragon Capital founder Tomas Fiala, Google Ukraine head Tatyana Lukinyuk, Raiffeisen Bank CEO Alexander Pisaruk, and Scania Ukraine CEO Hokan Juude.
In addition to them, the EBA board also includes ArcelorMittal Kryvyi Rih CEO Mauro Longobardo and International Finance Corporation representative office head Elena Voloshina, who are vice presidents of the association, SAP Ukraine managing director Anna Mikulitska, SoftServe co-founder Taras Kitsmey, METRO Cash & Carry Ukraine CEO Elena Vdovichenko, Kyivstar CEO Alexander Komarov, Nestlé Market Director for Southern and Eastern Europe and Nestlé Ukraine Alessandro Zanelli, and Siemens Ukraine CEO Sergey Dvornik.
The EBA also announced that at the next meeting of the board in its new composition, it plans to elect a new president of the association, while Tiberiu Dima, who had been president since 2021, began working in a new position at BASF a few weeks ago as managing director for agricultural solutions in the Czech Republic and Slovakia.
Before him, the president of the EBA in 2010-2021 was Tomas Fiala, founder and head of Ukraine’s largest investment company, Dragon Capital.
In January-October 2025, Express Insurance (Kyiv) collected insurance premiums totaling UAH 997 million, which is UAH 238 million, or 31.3%, more than in the same period of 2024, according to the insurer’s website. Premiums under CASCO contracts for this period amounted to UAH 660.3 million, which is UAH 66.4 million, or 11.2%, more than in January-October 2024, under OSAGO – UAH 315.9 million (+118%), and for other types of insurance, UAH 20.9 million (+3.1%).
The company reports that in January-October 2025, the total amount of insurance claims for insured events amounted to UAH 420.5 million, including payments to customers under CASCO – UAH 329.3 million, and to victims under MTPL – UAH 84.2 million.
As reported, as of October 1, 2025, the assets of Express Insurance amounted to more than UAH 1 billion, which is UAH 209.3 million more than a year ago, and their share in cash amounted to 87%, which ensures the company’s operational ability to pay compensation for insured events.
Express Insurance was founded in 2008 and is part of the UkrAVTO group of companies. It specializes in auto insurance.
Latvian pharmaceutical distributor SIA Emteko Holding has received permission from the Antimonopoly Committee of Ukraine (AMCU) to acquire control over the Ukrainian representative office of pharmaceutical company Gedeon Richter, LLC Gedeon Richter UA.
According to the antimonopoly agency, based on its decision made on Thursday, Emteko has received permission to acquire a stake in the authorized capital of Gedeon Richter UA LLC, providing it with more than 50% of the votes in the company’s highest management body.
Emteko represents the interests of European pharmaceutical manufacturers and supplies and distributes their products.
Gedeon Richter UA is the Ukrainian representative office of Gedeon Richter, which belongs to a pharmaceutical holding company, a member of which, according to the YuoControl system, is registered under Russian law.
Gedeon Richter Plc has provided Ukraine with humanitarian aid worth more than €1 million, including medicines.
French President Emmanuel Macron will receive Ukrainian President Volodymyr Zelensky on December 1, according to BFMTV.
“Just two weeks after his last visit to Paris, Volodymyr Zelensky will be received by Emmanuel Macron in the French capital this Monday, December 1, 2025,” BFMTV was told at the Élysée Palace on Saturday, November 29.
The two leaders are expected to discuss, in particular, “the conditions for a just and lasting peace, in accordance with the Geneva talks” and the American “peace plan,” the French presidency said.
