Ukrainian ice cream and frozen semi-finished products producer Three Bears has acquired Nordis, which owns a plant for the production of semi-finished products and ice cream in Poland, the company’s founder Dmytro Ushmayev told the Ukrainian edition of Forbes.
“We have indeed acquired the Nordis plant in Poland. Nordis is similar in potential to Three Bears,” Ushmayev said.
The owner of the company refused to disclose the amount of the deal and clarified that the Ukrainian company plans to invest in the development of production in Poland.
According to the Ministry of Justice of Poland, in September 2023, the management of the Polish plant for the production of semi-finished products and ice cream Nordis changed. Dmitry Ushmayev, founder of Three Bears, became the new owner of the company. Andriy Tyshchenko, director of the Ukrainian manufacturer, has also joined Nordis’ supervisory board.
Nordis owns a plant in western Poland and warehouses. The company produces more than 100 types of ice cream and semi-finished products. Nordis also has a distribution network in 19 cities in Poland. The previous owner and CEO of Nordis was Slawomir Jankowski.
Dnipro Metallurgical Plant (DMZ, formerly Dneprokoks), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, cut rolled steel production by 61% year-on-year in January-March this year, down to 11.5 thousand tons from 29.4 thousand tons.
According to a report in DCH Steel’s corporate newspaper on Thursday, coke output for the period increased by 52.4% to 69.8 thousand tons from 45.8 thousand tons.
At the same time, in March of this year, DMZ reduced rolled steel output by 41.3% year-on-year to 6.2 thousand tons. However, metallurgical coke production increased by 52.3% to 24.4 thousand tons.
“In March, rolled steel production increased by 17.9% compared to February and metallurgical coke production by 7.8%,” the publication states.
DMZ employees made a unique mine skip for the group’s Sukha Balka mine. It is specified that this lifting mechanism is unique because there are no other such mine skips in the world with a volume of 25 cubic meters and a lifting capacity of 53 tons from a depth of 1500 meters, usually miners use smaller units of 20 cubic meters.
The skip was transported to the mine, where it was covered with an anti-corrosion coating, galvanized and painted, and a lining made in Sweden was installed. Currently, the skip is being installed at Yubileynaya mine.
“The project to manufacture a mine roof was implemented as part of DMZ’s vertical integration with Sukha Balka mine. The work was done perfectly, so we decided to entrust DMZ specialists with the production of the next important unit – a three-storey mine cage,” said Vitaly Bash, CEO of DCH Steel.
As reported, in 2023, the plant increased its rolled metal output by 86.2% compared to 2022, up to 105.6 thousand tons, and coke by 38.5%, up to 292.7 thousand tons.
In 2022, the plant reduced rolled steel production by 74.2% compared to 2021, to 58.4 thousand tons, and coke production by 56.3%, to 211.3 thousand tons.
DMZ specializes in the production of steel, pig iron, rolled products and products made from them. On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.
PJSC Ukrnafta made a net profit of UAH 23.6 billion in 2023, the company’s CEO Sergiy Koretsky said on Facebook.
According to him, the independent audit of the financial statements was completed by Grant Thornton Ukraine on April 3.
“Dividends for last year are twice the cumulative result of the last 10 years. I never tire of thanking each and every person who works in the company, and I will emphasize once again that public administration can and should be effective,” Koretsky said.
As reported earlier, Ukrnafta’s financial plan for 2024 approved by the Cabinet of Ministers envisages net revenue of UAH 118 billion and net profit of UAH 18 billion.
In 2024, the company plans to start drilling 30 new wells, purchase equipment to stimulate production, and invest in upgrading its network.
“Ukrnafta is the largest oil producer in Ukraine and operates a national network of 537 filling stations, of which 456 are in operation. The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. On November 5, 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense.
The Consulate General of Ukraine in Toronto has sent generators to Kharkiv region, and work is underway to send a new batch, Interfax Ukraine reports, citing Ukraine’s Consul General in Toronto, Oleg Nikolenko.
“Russian missile strikes have caused serious damage to the energy infrastructure in many Ukrainian cities. The situation is critical in Kharkiv region. The government and local services are working 24/7 to resolve it. Today we sent generators from Toronto. They will help people to have access to electricity and heat until the general systems are stabilized. We are also working on a new batch,” he wrote on Facebook on Wednesday evening.
“We will pull all possible help from Canada to support our citizens. This is one of the absolute priorities of our work,” Nikolenko emphasized.
He also thanked the management of Meest Canada, a postal and logistics operator, for being a partner in this humanitarian mission.
Registrations of new commercial vehicles (trucks and special vehicles) in March 2024 increased by 31% compared to the same month in 2023 – up to 1056 units, which is also 3% (or 31 vehicles) more than in February this year, Ukravtoprom reports on its Telegram channel.
According to the report, the TOP-5 brands of the new commercial vehicle market last month included: Renault – 370 units; MAN – 84 units; Citroen – 67 units; Peugeot – 64 units; and Volkswagen – 58 units.
As reported with reference to Ukravtoprom data, in March 2023, 805 trucks and special vehicles were sold in Ukraine, compared to 108 in the same month in 2022. The top five were Renault (160 units), Mercedes-Benz (93 units), Citroen and Volvo (68 units each), and Scania (60 units).
According to the association, in the first quarter of 2024, almost 2.9 thousand new vehicles were added to the Ukrainian fleet of trucks and special vehicles, which is 28% more than in the same period in 2023.
At the same time, according to AUTO-Consulting, in the segment of trucks with a gross vehicle weight of more than 3.5 tons, sales in March 2024 decreased by 32%, or 144 units, compared to March 2023 – to 305 units. Scania was the leader with sales of 56 trucks, while MAN’s sales amounted to 33 units.
In 2023, according to Ukravtoprom, registrations of new commercial vehicles in Ukraine increased by 65% compared to 2022, to 11.3 thousand units. At the same time, the segment of trucks over 3.5 tons, according to AUTO-Consulting, increased by 56.5%, to 4,853 units.
Geographic structure of Ukraine’s foreign trade in 2023
Source: Open4Business.com.ua and experts.news
