In 2025, Ichnia Milk and Canning Plant PJSC (ICCP, Chernihiv region) will launch a cottage cheese production line, for the construction of which it has raised UAH 150 million under the state program “Affordable Loans 5-7-9%” and will build a dairy farm, according to Vitaliy Koval, Minister of Agrarian Policy and Food.
“I visited the company and talked to the management. Despite the war, the plant has not stopped. Today, it employs about 300 people. The average salary at the enterprise is over UAH 19 thousand. Last year, they paid UAH 28.7 million to the budgets of various levels,” he said during a visit to the plant as part of a working trip to Chernihiv Oblast.
According to him, the company’s plans for 2025 include not only the launch of a new line with a capacity of 300 tons per month, but also the construction of a farm for 4,000 cattle.
Mr. Koval noted that Ichnia Dairy and Cannery manufactures its products according to international standards. The production capacity of condensed milk is 24 thousand tons per year. The company exports its products to Asia, Africa, America and Europe. In the first nine months of 2024 alone, this amount amounted to 3.3 thousand tons.
“The Ministry of Agrarian Policy supports the export orientation of Ukrainian processors, as one of our priorities is to open new markets for domestic products. And the management of Ichnia Dairy and Cannery already has experience that they can share with their colleagues,” the Minister of Agrarian Policy summarized.
“Ichnianskyi Dairy-Canning Plant is part of the Proviant group of companies, which is a distributor and exporter of condensed milk produced by the plant. Proviant LLC is a member of the group of the same name along with other companies engaged in the production and sale of dairy products.
According to the information in the NSSMC disclosure system, the shareholders with large stakes in IMCC are Proviant LLC, which owns 53.7% of the shares, and Hyperion Invest Closed Non-Diversified Venture Corporate Investment Fund, which owns 43.92%.
According to information on its website, IMCC occupies about 25% of the domestic market in the segment of products it produces (bottled milk and condensed milk) and exports them to 38 countries. Its brands are Ichnia, MamaMilla and Milada.
Exports of grains and oilseeds from Ukraine, mln tons
Open4Business.com.ua
The cryptocurrency forecasting platform Polymarket has launched a betting platform that will allow you to place bets on whether Donald Trump will be able to end the war in Ukraine in 90 days if he wins the 2024 US presidential election.
A “yes” bet requires two conditions to be met:
Donald Trump wins the US presidential election.
Ukraine and Russia declare a truce, ceasefire, or conclude an agreement to resolve the current conflict at any time from the time the Associated Press announces Trump’s victory until April 19, 2025 (23:59 EST).
At the time of publication, the probability of this scenario is 46%.
Polymarket is an open market prediction platform where users can place bets on the outcomes of various events, including political, economic, and social issues.
The analytical center of the Ukrainian real estate marketplace has studied changes in the primary and secondary real estate market and the rental housing market. Experts noted a high demand for the number of ads for the rental and sale of secondary housing, as well as higher prices in such offers.
Primary market
Supply.
At the end of October 2024, sales departments in 77% of new buildings remained active. Over the past month, 11 new buildings with 25 sections were commissioned in Ukraine, including two new buildings in Kyiv and four in the Kyiv region.
Prices.
The average price per square meter in local currency increased slightly in most regions of Ukraine during the month. Year-on-year prices also mostly increased in the regions far from the combat zone, most of all in Kirovohrad, Volyn and Ivano-Frankivsk regions (11-20%). Kyiv remains the most expensive city on the primary market with an average price of $1,330 per m².
Demand
October was marked by a decline in interest in primary housing among users from all regions. The most significant decline in the number of interested users compared to September occurred in Zaporizhzhia and Kharkiv regions (-43% and -37%, respectively).
Secondary market
Supply.
In October, the number of offers on the secondary housing market increased in Kyiv, Chernihiv, Rivne, Zaporizhzhia and Ivano-Frankivsk regions. Compared to October 2023, the number of offers increased mainly in the western regions of Ukraine.
Price.
DIM.RIA analysts noted that the sale price of a one-bedroom apartment in October fluctuated in most regions within a few percent, while compared to the data for October 2023, it mostly increased. Over the month, Zakarpattia (+9%) and Rivne (+10%) regions showed the highest growth. Kyiv remains the city with the most expensive housing: in October, owners offered buyers to pay an average of $83.7 thousand for a one-bedroom apartment. If we consider the capital in more detail, the most expensive is the Pecherskyi district with an average price of a one-bedroom apartment of $133.9 thousand, and the most budgetary is the Desnianskyi district, $43.8 thousand.
Demand
During the month, users’ interest in secondary housing also declined, most strongly in Zaporizhzhia, Mykolaiv and Chernihiv regions. However, the number of user responses in each region exceeded the number of ads added.
The ratio of the number of purchase ads to the number of responses to them in October was 1:3 in Kyiv, 1:5 in Lviv region, 1:4 in Dnipropetrovska, 1:3 in Odesa and 1:6 in Kharkiv.
Rental market
Supply.
In the rental market in October, the number of housing offers increased in all regions except Ivano-Frankivsk, Zakarpattia, Volyn and Rivne regions. Significantly more new offers compared to September appeared in Kirovohrad, Khmelnytskyi, Dnipro and Kyiv regions.
Price
October brought a slight decline in rental prices in half of the regions of Ukraine, in particular in Kirovohrad and Khmelnytsky. Nevertheless, rental prices increased across the country. Kyiv remains the most expensive city for rent, where owners on average offer UAH 18,218 for a one-bedroom apartment. The lowest prices in Kyiv can be found in the Desnianskyi district, with an average of UAH 12,840 per one-bedroom apartment, while the most expensive district is Shevchenkivskyi, with an average monthly rent of UAH 22,679.
Demand
In October, users searched for rental housing less compared to September. The most significant outflow occurred in Odesa (-25%) and Volyn (-20%) regions. During the year, interest in renting revived in Lviv, Ternopil, Chernivtsi and Odesa regions.
In October, the ratio of the number of rental ads to the number of responses to them was 1:4 in Kyiv, 1:15 in Lviv region, 1:10 in Dnipropetrovs’k region, 1:14 in Odesa region and 1:13 in Kharkiv region.
The report file is at the link!
TAS Dneprovagonmash, a large car-building company controlled by Serhiy Tigipko’s TAS Financial and Industrial Group, has fully placed an issue of interest-bearing unsecured corporate bonds of the E series with a total nominal value of $1 million.
According to the National Securities and Stock Market Commission (NSSMC), the company registered the report on the results of the issue on November 5.
According to the report on the results of the issue, the bonds were placed from September 2 to October 4 (instead of the planned completion date of October 28).
It is noted that the bonds were not purchased by members of the supervisory board, executive body and employees of the issuer.
The amount raised was $1004110.
As reported, the issue of five-year corporate bonds of TAS Dneprovagonmash, series E (without a public offer) was registered by the NSSMC on August 7, 2024.
TAScombank acted as the underwriter.
The raised financial resources are planned to be used for technical re-equipment and capacity development to implement the company’s project to enter the European market.
The bonds will be in circulation from August 8, 2024 to August 26, 2029 with quarterly coupon payments. The maturity date is September 29, 2029.
The interest rate in the first year of circulation is set at 6% per annum, in the remaining years it will be set by the decision of the company’s management, taking into account market conditions, but it cannot be lower than 1% and higher than 15% per annum.
In 2024, one of the largest grain market operators in Ukraine, Nibulon JV LLC, harvested 260 thsd tonnes of grain, up 100 thsd tonnes (62.5%) from a year earlier, the agricultural holding’s press service reported on Facebook.
“This season, Nibulon has positive dynamics of gross grain harvest compared to previous years. This is due to the implemented organizational changes, changes in the structure of sown areas, production technologies and a complete rethinking of the company’s agricultural sector,” explained Oleg Veselov, Director of Agricultural Production at the agricultural holding.
According to him, 14 production branches have been reorganized into four clusters, and the company has switched from traditional (plow) to lean technologies (Strip-Till, Mini-till). The structure of sown areas was completely reorganized: winter crops were moved to the southern cluster, where they have no alternative, and high-yielding corn and soybeans were moved to the central and western clusters.
“This made it possible to increase yields, use available resources more efficiently, and reduce the number of technological operations, which in turn led to a decrease in fuel consumption and a reduction in harmful emissions,” Veselov emphasized.
Nibulon noted that the agricultural machinery purchased in the 2024 season operated with 30% higher productivity and was controlled by monitoring systems. The agricultural holding was also able to integrate yield data into the Cropwise monitoring system online and respond quickly to changes, which helped to increase crop productivity.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader had 27 transshipment terminals and crop reception complexes, a one-time storage capacity of 2.25 million tons of agricultural products, a fleet of 83 vessels (including 23 tugs), and owned the Mykolaiv Shipyard.
“Before the war, Nibulon cultivated 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries. In 2021, the grain trader exported the highest ever 5.64 million tons of agricultural products, reaching record volumes of supplies to foreign markets in August – 0.7 million tons, in the fourth quarter – 1.88 million tons, and in the second half of the year – 3.71 million tons.
Nibulon’s losses due to Russia’s full-scale military invasion in 2022 exceeded $416 million.
Currently, the grain trader is operating at 32% of capacity, has created a special unit to clear agricultural land of mines, and was forced to move its headquarters from Mykolaiv to Kyiv.
