Business news from Ukraine

Business news from Ukraine

Sales of new passenger cars in Ukraine in February fell by 20%

Sales of new passenger cars in February this year decreased by 20% compared to the same month of 2023 – to 4.8 thousand units, AUTO-Consulting reports.

According to the report on the group’s website, the biggest drop occurred in the segment of so-called “budget cars” – by almost 54%, also the sales of cars of medium price range decreased by 20%.

In February, the leadership was held by Toyota, but the second place was taken by Skoda with 8.4% of the market. Finishing third in February was Renault.

”Interestingly, four of the top 10 automobile brands in February showed growth, but in the end the market still lost 20%,” the report states.

AUTO-Consulting emphasizes that the decline in the electric car segment was more widespread than the overall decline in the market for new passenger cars – demand for them decreased by 37%, and their share amounted to only 15.6% against 20% in February-2024.

According to analysts, compared to January this year, sales of new passenger cars increased (by 5.3%), but at the end of January-February decreased by 13.6% compared to the two months of 2024.

“So, we have a negative result in the auto market for two months so far. This has already brought about changes among the top 20 automobile brands as well. The car market is still moving along the trend of 2017,” the report said.

As reported, according to AUTO-Consulting, in 2024, sales of new passenger cars in Ukraine increased by 9.8% to 2023 – up to 71.3 thousand units.

 

DMZ increases rolled steel output by 9%, coke production drops by 20%

Dnipro Metallurgical Plant (DMZ), a part of DCH Steel of businessman Aleksandr Yaroslavsky’s DCH Group, increased its rolled steel production by 9.2% year-on-year to 7.1 thousand tons in January-February this year.

According to the company on Thursday, coke production in January-February 2025 decreased by 20.2% to 36.2 thousand tons.

In February of this year, DMZ produced 6.6 thousand tons of rolled metal products, which is 29.4% more than in February 2024. Coke production decreased by 23.7% year-on-year to 17.3 thousand tons.
In February, the plant shipped 6.1 thousand tons of rolled metal products and all the coke it produced to consumers, the information states.

As reported, in 2024, DMZ reduced its rolled steel production by 59.4% compared to 2023 to 42.9 thousand tons, and coke production by 1.2% to 289.1 thousand tons.

In 2023, DMZ increased its rolled steel output by 86.2% compared to 2022, to 105.6 thousand tons, and coke by 38.5%, to 292.7 thousand tons.
In 2022, the plant reduced its 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.

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Import changes in % to previous period in 2023-2024

Import changes in % to previous period in 2023-2024

Source: Open4Business.com.ua

DIM has created DIM+ real estate agency for investors and apartment owners

DIM has launched its own official real estate agency, DIM+, for owners of already commissioned projects and investors in those currently being implemented by the company.

According to the company’s press service, the daily flow of visitors to sales departments looking for apartments in DIM’s complexes, along with a large base of existing and potential customers, ensures that investors’ real estate will be sold or find tenants as soon as possible.

DIM+ offers not only buying, selling and leasing services, but also full property management. Among the services is the development of a personalized project for residential and commercial real estate without renovation. At the same time, the company takes control over the condition of the property, timely payment of utility bills, settlement of any issues, and full reporting.

Netherlands to set aside €3.5 bln to support Ukraine in 2026

Dutch Prime Minister Dick Schof has announced that the Netherlands will set aside funds to continue supporting Ukraine next year, Western media report.
“The Dutch government will set aside EUR3.5 billion to continue supporting Ukraine in 2026,” Schof said.

According to the prime minister, the funds will ensure the continuity of Amsterdam’s support for Kyiv for the next year, “but if necessary, they can be used this year.”
Schof specified that EUR700 million of the funds would be spent on drones for Ukraine.

Media reports indicate that the previous Dutch government allocated a comparable amount to support Ukraine in 2025, but no exact figures are given.
In addition, in the fall, Amsterdam provided Kyiv with the first batch of the promised F-16 fighter jets.

Grain exports from Ukraine decreased to 30 mln tons

As of March 5, Ukraine exported 29.68 mln tonnes of grains and pulses since the beginning of 2024-2025 marketing year (MY, July-2024 – June-2025), of which 490 thsd tonnes were shipped this month, the press service of the Ministry of Agrarian Policy and Food reported, citing the State Customs Service.

According to the report, as of March 8 last year, the total shipments amounted to 30.989 mln tonnes, including 1.319 mln tonnes in March.

At the same time, since the beginning of the current season, Ukraine has exported 12.155 mln tonnes of wheat (12.375 mln tonnes in 2023/24 MY), 2.126 mln tonnes of barley (1.761 mln tonnes), 10.8 thsd tonnes of rye (1 thsd tonnes), and 14.924 mln tonnes of corn (16.569 mln tonnes).

The total export of Ukrainian flour since the beginning of the season as of March 5 is estimated at 49 thsd tonnes (in 2023/24 MY – 74.9 thsd tonnes), including 45.2 thsd tonnes of wheat (71.1 thsd tonnes).

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