Business news from Ukraine

Business news from Ukraine

Ukrgraphite increased its losses by 56.7%

According to the results for January-September of this year, PJSC Ukrainian Graphite (Ukrgraphite, Zaporizhia) increased its net losses by 56.7% compared to the same period last year, to UAH 185.076 million.

According to the company’s interim report, net income for this period decreased by 9.8% to UAH 973.915 million.

The company’s undistributed profit at the end of September amounted to UAH 3 billion 480.625 million.

As reported, Ukrgrafit ended 2024 with a net loss of UAH 202.447 million, while in 2023 it increased its net profit by 2.34 times compared to 2022, to UAH 122.920 million.

Ukrgrafit is a leading Ukrainian manufacturer of graphite electrodes for electric steel melting, ore-thermal, and other types of electric furnaces, commercial carbon masses for Soderberg electrodes, and carbon-based refractory materials for metallurgical, machine-building, chemical, and other industrial complexes.

According to the National Depository of Ukraine (NDU) for the first quarter of 2025, Intergraphite Holdings Company Limited (Malta) owns 23.9841% of the private joint-stock company, and C6 Safe Group Limited (Cyprus) owns 72.0394%.

The authorized capital of the private joint-stock company is UAH 233.959 million, and the nominal value of a share is UAH 3.35.

,

ArcelorMittal Kryvyi Rih reduced its losses by 6.8%

The Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) reduced its net loss by 6.8% in January-September of this year compared to the same period last year, from UAH 6.186 billion to UAH 5.768 billion.

According to AMKR’s interim report, net income for the first nine months of 2025 increased by 4.5% to UAH 52 billion 278.473 million from UAH 50 billion 16.499 million.

The uncovered loss at the end of September reached UAH 29 billion 711.796 million.

According to the AMKR’s annual report, in 2024, the plant reduced its consolidated net loss by 25.5% compared to 2023, to UAH 8 billion 841.812 million from UAH 11 billion 875.984 million. At the same time, net income decreased by 54.3% to UAH 64.599 billion from UAH 41.873 billion. Retained earnings at the end of the year amounted to UAH 24.039 billion.

As reported, AMKR ended 2022 with a net loss of UAH 49.9104 billion, while in 2021 it received a net profit of UAH 25.282951 billion.

ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specializes in the production of long products, in particular, rebar and wire rod.

ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.

 

,

Bitcoin declined during volatile week from November 3 to 8, with outflows from ETFs intensifying — Fixygen review

From November 3 to 8, 2025, the crypto market experienced a sharp decline and subsequent partial stabilization. Bitcoin fell to the $99–101 thousand range on November 4 and closed the week near $106–107 thousand, remaining below recent highs.

Drivers of the week. The market started with a decline on November 3–4 amid cautious signals from the Fed and increased appetite for profit-taking after a weak October. According to media estimates, the beginning of November brought a continued decline in major coins, with Bitcoin falling about 18% from its recent record high.

Bitcoin ETFs in the US recorded net outflows on certain days of the week. On November 3, 4, and 6-7, there were negative cumulative flows, which put pressure on the price.

Ethereum was volatile following the market. On November 3–4, ETH fell by almost 9% per day, then partially recovered and traded at around $3,400–3,450 on November 8.

Funds and events. Publications noted that uncertainty about interest rates and geopolitics had dampened risk appetite. At the same time, interest in crypto-based products remained strong in the sector, including discussions of new exchange-traded funds, which supports medium-term expectations.

The week’s results for key indicators are as follows:

1) BTC range on November 3–8: maximum around $111 thousand on November 3, minimum around $99 thousand on November 4.

2) ETF flows: net outflows on certain days, including November 4 and November 6–7.

3) ETH range: $3,060–3,650, closing the week at around $3,440 on November 8.

The basis for forecasts and their scenarios is neutral-volatile. Support for BTC is visible in the range of $98–101 thousand, and maintaining it preserves the chances for consolidation and attempts to grow to $110–114 thousand. Risks are associated with continued outflows from ETFs and a general rotation in risk assets. An increase in inflows into funds and the absence of negative news regarding regulators could return the price to the upper limit of the range. If $98,000 is broken downwards, the risk of acceleration to $92–95,000 increases, with a subsequent search for a new balance. Estimates are based on price dynamics and ETF flows on November 3–8.

Source: https://www.fixygen.ua/news/20251108/bitkoyn-prosiv-na-volatilnomu-tizhni-3-8-listopada-vidtoki-z-etf-posililisya-oglyad-fixygen.html

 

, ,

Ukrainian KMZ Industries has built large grain elevator in Moldova

KMZ Industries (Karlovsky Machine-Building Plant, KMZ, Poltava region) has implemented one of the largest grain storage projects in southern Moldova—the ORIZONTUL-LUX grain elevator, the company’s press service reported on Facebook. According to the report, the facility has four flat-bottom silos with a total capacity of 10,000 tons, four hoppers (one for truck loading) with a total capacity of 1,100 tons, a Brice-Baker grain dryer with a dust suppression system, and a complete automation system.

The company specified that the dryer runs on gas, which is the most optimal option for local conditions. It provides effective drying of corn, wheat, and sunflowers.

The silos and main structures were installed by specialists from the owner company, whose main activity is construction. The work was carried out under the technical supervision of KMZ Industries’ chief installers. The installation of the automation system, software configuration, and commissioning were carried out by specialists from the automation and electrification department of KMZ Industries.

The new ORIZONTUL-LUX elevator has become one of the largest grain projects in southern Moldova.

KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of products, including silos, grain dryers, transport equipment, and separators, as well as providing automation and installation services.

According to the company, it has built more than 5,000 facilities. KMZ Industries silos with a total volume of more than 12.5 million cubic meters are in operation.

 

Kyiv and most regions of Ukraine will experience cool and rainy weather in coming days.

On Sunday, November 9, light to moderate rain is expected at night in Zakarpattia, Prykarpattia, and Odesa regions, and during the day on the right bank. The rest of the country will see no precipitation, according to the Ukrainian Hydrometeorological Center.

On the Left Bank, in the Carpathians, and in the Carpathian region, there will be fog at night and in the morning. The wind will be mainly southerly, 3-8 m/s. The temperature at night will be 2-7°, in the south up to 10° above zero, during the day 7-12°, in the south of the country up to 15°.

In Kyiv, there will be no precipitation on the night of November 9, with light rain during the day. The wind will be from the south, 3-8 m/s. The temperature at night will be 5-7°C, and during the day 9-11°C.

According to data from the Boris Sreznevsky Central Geophysical Observatory, the highest daytime temperature in Kyiv on November 9 was 17.8°C in 2010, and the lowest nighttime temperature was -15.0°C in 1888.

On Monday, November 10, there will be light rain (in some places in the west and north of the country). At night and in the morning, there will be fog in some places in Ukraine. The wind will be mainly westerly, 3-8 m/s.

The temperature at night will be 5-10°, in the Carpathians 0-5° above zero, during the day 9-14°; in the south of the country at night 7-12°, during the day 12-17°.

In Kyiv on November 10, there will be light rain in some places, with a westerly wind of 3-8 m/s, nighttime temperatures of 7-9°C, and daytime temperatures of 11-13°C.

 

Swiss trader Gunvor has declined to purchase Lukoil’s foreign assets

According to Serbian Economist, Swiss trader Gunvor has declined an offer to purchase Lukoil’s international assets after the US Treasury Department stated that it would not approve the deal and called the company a “puppet of the Kremlin.” This was reported by Reuters, the Financial Times, and AP.

In early 2025, Lukoil announced that it had accepted Gunvor’s offer to acquire Lukoil International GmbH, subject to obtaining approvals, including an OFAC license. Following the US Treasury Department’s statement, Gunvor withdrew its offer.

The US agency made it clear that the license would not be issued until Russia ended its war against Ukraine. Gunvor rejected the accusations, stating that it had distanced itself from Russian operations and severed ties with Gennady Timchenko in 2014, but confirmed its withdrawal from the deal.

According to media reports, the asset portfolio discussed in the deal was valued at $20-22 billion and included refineries and distribution networks in Europe, as well as stakes in projects abroad.

Gunvor’s refusal increases uncertainty surrounding the future of Lukoil’s foreign assets amid US sanctions coming into force on November 21.

The media lists the following countries as part of the Lukoil asset package that was discussed in the failed deal with Gunvor:

  • Oil refineries and processing
  • Bulgaria — Lukoil Neftohim Burgas, 190,000 barrels per day. Romania — Petrotel Ploiești. A number of reports also mentioned related European facilities and terminal infrastructure.
  • Sales networks and fuel logistics
  • Romania, Bulgaria, Serbia, North Macedonia, Croatia, Montenegro, Turkey.
  • Production projects and shares in fields
  • Iraq — West Qurna-2, etc. Kazakhstan — shares in the TSHO, Karachaganak, and other projects. Uzbekistan — a number of projects in Gissar, etc. Mexico — offshore blocks. A number of reviews also mentioned the UAE, Egypt, and Azerbaijan.

Source: https://t.me/relocationrs/1707

 

,