In 2025, Northern Mining and Processing Plant (Northern GOK, Kryvyi Rih, Dnipro Oblast), a part of Metinvest Group, will allocate over UAH 62.5 million to upgrade and maintain equipment at Mining Transportation Shop No. 1.
According to the plant, it is implementing new approaches to ensure efficient operation. Thus, the year started with the efficient use of resources, plans to create a new fuel station and overhaul mining machines.
These measures will ensure the stability of the ore removal and overburden stripping process. Today, GTC-1 is operating at its maximum capacity of 37-38 dump trucks per shift, just like before the war. The main production task of the shop is to transport rock mass from the open pit to the receiving wells of the crushing plant. Every month, the unit transports 1.5 million cubic meters of rock mass.
Experts emphasize that one of the areas of work is to study the wear resistance of large tires and their runnability. Currently, GTZ-1 dump trucks run on Michelin tires (84,000 km) and Maxam tires (80,000 km). There is a prospect of a gradual transition to Bridgestone tires with better performance.
In addition, tire pressure monitoring further contributes to the increase in mileage. These and other steps will extend the service life of large tires to 95 thousand kilometers, which is at least a year of use under optimal conditions. Other measures include the resumption of in-house tire repairs.
One of the planned projects is the construction of an additional filling station at the minus 193 m horizon, where the intake well DF-3 is located. It is planned to arrange a refueling point for technological vehicles there, reducing the distance of the previous route by 3.3 km.
Last year, GTZ-1 specialists overhauled the running gear of three Cat D9 and Cat D10 bulldozers and a Liebherr bulldozer. Two dump trucks had their KTA-50 engines rebuilt. Another machine had its old engine replaced with a new one. In addition, six dump trucks’ loading platforms were repaired in-house.
“Implementation of the overhaul program is a key condition for reliable operation of machines in quarries, ensuring their maximum efficiency and extending the service life of the mechanisms. In total, in 2025, we plan to allocate over UAH 62.5 million to restore and maintain equipment. As a result, these measures will ensure the stability of the ore removal and overburden stripping process,” emphasized Sergey Tyrlych, head of the GTC-1 at YuGOK.
Yenakiieve GOK is part of Metinvest Group, whose main shareholders are System Capital Management (SCM, Donetsk) (71.24%) and Smart Holding Group (23.76%). Metinvest Group’s management company is Metinvest Holding LLC.
In January 2025, Ukraine increased imports of lead and lead products by 4.3 times compared to the same period in 2024, to $580 thousand (in December – $1.193 million). At the same time, lead exports decreased by 26.3% to $643 thousand (December: $583 thousand).
Lead is currently mainly used in the production of lead-acid batteries for the automotive industry. In addition, lead is used to make bullets and some alloys.
Insurance company Euroins Ukraine (Kyiv) will increase its authorized capital to UAH 168.190 million by conducting an additional issue of shares in the amount of UAH 90.250 million.
According to the insurer’s information posted in the NSSMC system, this decision was made by the shareholders at a meeting on February 19.
According to the report, it is planned to place 9.025 billion shares with a nominal value of UAH 0.01, at a placement price of UAH 0.02.
It is also specified that the placement of shares may lead to a change in the owners of a significant stake, an increase in the shareholding of shareholders who already own 5% or more of the shares, namely: JSC Euroins Insurance Group (Bulgaria) – 92.728%, PrJSC European Travel Insurance – 5.745%.
The raised financial resources from the share placement are planned to be used in full to bring the company’s activities in line with the requirements of the Law of Ukraine “On Insurance” regarding solvency and investment activities. Namely, it is planned to place 70% of the funds received in the course of the issue in bank deposits, 20% in government bonds of Ukraine and other securities, and 10% in the centralized insurance reserve funds of the Motor (Transport) Insurance Bureau of Ukraine.
Euroins Ukraine is a universal insurance company that has been operating in the Ukrainian market since 1992. It is a part of the Bulgarian insurance group Euroins, which is one of the largest independent insurance groups operating in Central, Eastern and South-Eastern Europe.
In January 2025, imports of aluminum and aluminum products increased by 9.4% year-on-year to $36.658 million (in December – $36.943 million). In January, aluminum exports increased by 17.9% to $9.431 million, while in December this figure was $8.426 million.
Aluminum is widely used as a structural material. The main advantages of aluminum are its lightness, stampability, corrosion resistance, high thermal conductivity, and non-toxicity of its compounds. In particular, these properties have made aluminum extremely popular in the production of cookware, aluminum foil in the food industry, and packaging. The first three properties have made aluminum the main raw material in the aviation and aerospace industries (recently it has been replaced by composite materials, primarily carbon fiber). After the construction and production of packaging, such as aluminum cans and foil, the energy sector is the largest consumer of the metal.
The housing price index in Ukraine reached 112.7% in 2024, up from 114.5% in 2023 and 113% in 2022, the State Statistics Service (Ukrstat) reported.
According to it, in the primary market, housing prices rose by 15% in 2024, accelerating growth compared to 2023, when the figure was 12.8%. At the same time, one-bedroom apartments went up by 14.9%, two-bedroom apartments by 15.3%, and three-bedroom apartments by 14.8%.
At the same time, housing prices in the secondary market slowed down. Thus, the secondary market rose by 11.6% on average, which is 4 percentage points lower than in 2023. One-bedroom apartments in the secondary market went up by 11.5%, two-bedroom apartments by 11.9%, and three-bedroom apartments by 11.5%.
According to the agency, in the fourth quarter of 2024, the house price index fell to 113.1% compared to 116.1% in the fourth quarter of 2023. In particular, in October-December 2024, prices in the primary market increased by 15.8% compared to 14.6% in October-December 2023, while in the secondary market, the price growth rate slowed down to 11.9% compared to 17%, respectively.
In the fourth quarter of 2024, the housing price index increased by 0.6 percentage points to 103.5% compared to the third quarter. In particular, in the primary market, housing prices rose by an average of 4%: one-bedroom apartments – by 3.9%, two-bedroom apartments – by 4%, three-bedroom apartments – by 4.1%.
In the secondary market, housing prices rose by 3.3% in the fourth quarter of 2023, compared to 2.5% in the third quarter. One-room apartments rose in price by 3.2%, two- and three-room apartments – by 3.3% and 3.4%, respectively.
The State Statistics Service noted that the figures exclude the temporarily occupied territories and parts of the territories where military operations are (were) underway.
State-owned PrivatBank increased its net profit by 6.3% to UAH 40.14 billion in 2024, retaining its leadership in the top five most profitable banks in the country, according to the National Bank of Ukraine (NBU).
Privat is followed by two other state-owned banks, Oschadbank and Ukreximbank. Oschad increased its net profit by almost 2.5 times to UAH 14.83 billion compared to Eximbank, moving it to third place with a profit of UAH 5.56 billion (+71% y-o-y).
The fourth and fifth positions were taken by banks with foreign capital: Raiffeisen and OTP. The former’s net profit decreased by 10.6% to UAH 4.28 billion, while OTP increased its net profit by 10.9% to UAH 4.12 billion.
The second five most profitable banks in 2024 were headed by Credit Agricole, which increased its net profit by 46.5% to UAH 4.09 billion. It also included: Ukrsibbank – UAH 4.08 billion (-3.4% compared to 2023), FUIB – UAH 3.94 billion (-0.3%), and Sense – UAH 3.81 billion (+33.3%). Universalbank (mono) closes the list, which was able to almost double its net profit last year to UAH 3.72 billion.
According to the NBU statistics, net profit was above the UAH 1 billion mark in four other banks: Citibank – UAH 3.34 billion (-6.9%), Ukrgasbank – UAH 2.91 billion (+50.4%), as well as Pivdenny Bank and A-Bank, which increased their net profit by 2.2 and 2.9 times to UAH 2 billion and UAH 1.36 billion, respectively.
