Business news from Ukraine

Business news from Ukraine

In Ukraine in next few days at night up to 7-9 ° of frost

On Sunday, February 9, in Ukraine without precipitation, the roads in the northern, eastern and most central regions are icy in places, reports Ukrhydrometcenter. The wind is northeastern, in western regions southeastern, 5-10 m/s, in Azov region gusts of 15-20 m/s in some places.
The temperature at night 6-11° frost, in the daytime 1-6° frost. In western and southern regions from 2° of frost to 3° of heat, in Transcarpathia 3-8° of heat.
In Kiev, no precipitation, northeast wind, 5-10 m/s. The temperature at night 7-9° frost, during the day 3-5° frost.
As reported by the Central Geophysical Observatory named after. Borys Sreznevsky, the highest daytime temperature on February 9 in Kiev was recorded in 1990 and amounted to 8.3° of heat, the lowest at night – 32.2° below zero in 1929.
On Monday, February 10, in Ukraine without precipitation. On the roads, except for most of the western and southern regions, in some places icy.
The wind is predominantly northeasterly, 3-8 m/s.
The temperature at night is 6-11° of frost. During the day 1-6° frost, in western and southern regions from 3° frost to 2° warm, in Transcarpathia 2-7° warm.
In Kiev, no precipitation, northeast wind, 3-8 m/s. The temperature at night 7-9° frost, during the day 3-5° frost.

 

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Germany’s industrial production in December 2024 fell by 2.4%

German industrial production in December 2024 fell by 2.4% from the previous month, the country’s statistical office said. Analysts on average expected a decline of 0.6%, according to Trading Economics.

The dynamics of the indicator became the worst since July last year. According to the revised data, industrial production increased by 1.3% in November, not 1.5%, as previously announced.

The decline in industrial production in December was largely due to a 10% drop in automobile production. Meanwhile, output of pharmaceuticals jumped 11.6%.

The output of capital goods fell 4.7%, intermediate goods fell 3.3%, and consumer goods production rose 0.9%. Construction output remained at the same level as the previous month.

On an annualized basis, German industrial production fell 3.1% in December. For the full year 2024, German industrial production fell by 4.5%.

 

Zelensky announced that soon government will launch contracts for recruitment of 18-24-year-olds into army

President Volodymyr Zelensky announced that the government will soon launch contracts for the recruitment of 18-24 year olds into the Armed Forces of Ukraine.

“Next week, the government intends to launch lucrative recruitment contracts to attract young people aged 18-24 – up to draft age – to the Armed Forces to help eliminate labor shortages,” he told Reuters.

However, Zelensky declined to say how many men are expected to sign up.

As reported, the special representative of US President-elect Donald Trump, Mike Volz, believes that to stabilize the front in Ukraine it is necessary to lower the mobilization age, which would allow to call into the army “hundreds of thousands of new soldiers”.

Earlier, Zelensky commented on the discussion on lowering the mobilization age in Ukraine, pointing to the understaffing of Ukrainian brigades and the lack of weapons.

 

 

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President of Ukraine appoints new ambassadors

President Volodymyr Zelenskyy has appointed ambassadors to the Republic of Moldova and the Eastern Republic of Uruguay.

The relevant decrees No. 77/2025 and No. 78/2025 were published on the President’s website.

Thus, Paun Rogovei was appointed Ambassador of Ukraine to the Republic of Moldova.

At the same time, Ambassador of Ukraine to the Argentine Republic Yurii Klymenko was appointed ambassador to the Eastern Republic of Uruguay with concurrent appointment.

In addition, the President appointed Ambassador to Hungary Fedir Shandor as Ukraine’s representative to the Danube Commission on a part-time basis. By Decree No. 75/2025, the President dismissed Lyubov Nepop from this position.

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Comfy exceeded $1 bln in revenue in 2024

The leading domestic retailer of household appliances and electronics Comfy (Comfy Trade LLC) received UAH 47 billion 720.9 million in revenue in 2024, which is 27.1% higher than in 2023, the company’s press service toldInterfax-Ukraine.

It emphasized that 2024 was the first year when the company exceeded $1 billion in revenue. Last year, the company paid UAH 2 billion to the state budget, which is twice as much as in the previous year.

In 2024, Comfy opened eight new stores in Oleksandria, Berdychiv, Khodosivka, Mohyliv-Podilskyi, Khmelnytskyi, Vinnytsia, Lviv, and even frontline Zaporizhzhia, and also restored stores in Dnipro, Kryvyi Rih, and Irpin that were damaged by Russian missiles.

In addition, Comfy updated all existing stores to reflect changes in customer demand and behavior and assortment.

In 2024, the reformatting tasks included updating the online order pickup area. Thanks to active development, Comfy has created more than half a thousand jobs across the country.

The retailer, together with the Prometheus platform, launched a free professional course “Marketing Manager” for Ukrainians who lost their jobs as a result of the war. The retraining program has already been completed by 500 people.

In addition, in 2024, the retailer donated UAH 28.6 million to the Armed Forces of Ukraine.

In total, since the beginning of the full-scale invasion, the amount of aid has reached more than UAH 160 million.

According to Opendatabot, Comfy Trade LLC is owned by Comfy Holdings Limited (100%, Cyprus), with Stanislav Ronis and Svitlana Gutsul as the ultimate beneficiaries.

“DTEK Energy” puts first two coal longwalls into operation

In January, DTEK Energy’s coal mining enterprises commissioned the first two new longwalls this year, the energy holding said in a press release on Wednesday.

“We have to think not only about this heating season, but also prepare for the summer consumption peaks and the next winter. We are working as a team – power engineers, miners and machine builders. We are already commissioning coal longwalls to ensure a stable supply of resources for our TPPs,” said DTEK Energy CEO Oleksandr Fomenko.

In 2024, the company’s investments in Ukrainian coal mining amounted to UAH 7.5 billion. These funds were spent on the construction and repair of capital mine workings, completion of coal faces, equipping mines with tunneling equipment, underground mine transport and projects to maintain production facilities.

As reported, DTEK Energy’s machine builders manufactured and repaired almost 1.1 thousand units of mining equipment in 2024. The key products include 11 new roadheaders and shearers.

“DTEK Energy provides a closed cycle of electricity generation from coal. As of January 2022, the company’s installed capacity in thermal generation amounted to 13.3 GW. The company has established a full production cycle in coal mining: coal mining and enrichment, mechanical engineering, and maintenance of mine equipment.

Currently, most of DTEK Group’s thermal generation facilities have been destroyed as a result of Russian attacks.

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