Business news from Ukraine

Business news from Ukraine

“Shlyakhrembud” announced tender for MTPL insurance for 5.3 million UAH

Communal contracting specialized enterprise for repair and construction of Kharkiv highways “Shlyahrembud” on April 8 announced a tender for the purchase of services of compulsory insurance of civil liability (CMTPL).

According to the message in the system of electronic public procurement ProZorro, the expected cost of purchasing services is UAH 5.319 million. The deadline for submitting proposals is April 16. As reported, last year the winner of a similar tender with a budget of UAH 1.9 million was IC “VUSO”.

 

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There are 28 applications for contest for post of Ukrenergo board chairman

Almost 30 applications have been submitted for the contest for the post of chairman of the board of the NEC Ukrenergo, the company’s acting head Oleksiy Brekht said.

“If I’m not mistaken, 28 applications have been submitted for the contest,” Brecht said in comments to Energoreforma after a briefing at the Energy Ministry on Wednesday.

He also confirmed that he too had applied for the contest. According to him, the tender will last for a few more weeks. As reported, the supervisory board of Ukrenergo announced a competition for the position of chairman of the board on February 5, applications were accepted until March 14 inclusive.

 

EU approves retaliatory duties on US goods

The EU has agreed retaliatory duties on U.S. goods worth about EUR21 billion ($23.2 billion), Bloomberg reported.

“The European Union approved tariffs on U.S. goods worth about EUR21 billion ($23.2 billion) in response to the 25 percent duties that President Donald Trump imposed last month on steel and aluminum exports from the bloc,” Bloomberg reported Wednesday.

A majority of the 27 EU member states reportedly voted in favor of the sanctions on Wednesday, some of which will begin to take effect in mid-April. The tariffs will target politically sensitive U.S. states and will include products such as soybeans from Louisiana, the home state of House Speaker Mike Johnson, as well as diamonds, agricultural products, poultry and motorcycles.

“The European Commission, the bloc’s executive arm, said the countermeasures could be ended at any time ‘if the United States agrees to a fair and balanced negotiated outcome,’” the report said.

“The move intensifies the growing transatlantic trade war, as the USA has also applied a universal 20 percent tariff on almost all European exports, as well as a separate 25 percent duty on cars and some auto parts. Trump said he would announce additional tariffs on lumber, semiconductor chips and pharmaceutical products. All of Trump’s new tariffs hit EU goods worth about 380 billion euros,” Bloomberg noted.

The EU is reportedly facing duties of 25% on steel, aluminum and auto imports, as well as new broad duties of 20% on nearly all other goods under Trump’s policy of targeting countries he says impose high barriers to imports from the US.

The European Commission, which coordinates EU trade policy, on Monday proposed additional duties of mostly 25% on a range of imports from the US. The imports include motorcycles, poultry, fruit, timber, clothing and dental floss, according to the document seen by Reuters. They amounted to about EUR21 billion ($23 billion) last year, meaning that the EU’s retaliatory action will apply to goods worth less than EUR26 billion of metal exports from the EU that were hit by the US tariffs.

“Agrane” will sow more than 26 thou hectares of spring crops in 2025 season

Agrane Agro Holding will plant more than 26 thou hectares of spring crops in the 2025 season, the company’s press service reported on Facebook.

According to the report, about 14 thou hectares will be allocated for corn, 12 thou hectares for sunflower and small areas for legumes and flax for diversification.

“Agrain Group operates on the principle that every drop of moisture is worth its weight in gold. We use modern technologies that help minimize water losses and create optimal conditions for germination and development of crops,” said Taras Kornienko, chief agronomist of the agricultural holding.

To preserve moisture, he said, the agroholding’s fields are harrowed and moisture sealed, Strip-Till technology is implemented, and drought-resistant hybrids are grown using flexible sowing dates.

Agrane added that the agroholding’s winter crops are in good condition due to timely fertilization and pest protection.

“Agrain is engaged in the cultivation and storage of grains and oilseeds, as well as livestock farming. Prior to the full-scale Russian invasion, the agricultural holding included 11 agricultural enterprises. It cultivated about 110,000 hectares in Zhytomyr, Kharkiv, Chernihiv, Odesa, and Cherkasy regions.

The holding is owned by SAS Investcompagnie (France).

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Imports of generators to Ukraine increased 7.7 times in first quarter of 2025

According to the State Customs Service, in January-March 2025, Ukraine sharply increased imports of electric generating sets and rotating converters (UKTZED 8502) to $432.9 million, up 7.7 times compared to the same period in 2024.

In March, imports amounted to $88.2 million: this is 6.3 times higher than in March 2024, but 47% less than in February 2025.

Main suppliers:
– Czech Republic – $85.7 million (19.8%)
– USA – $77.3 million (17.85%)
– Austria – $58.7 million (15.87%)

For comparison, in 2024, imports of generators increased by 3.7% to $732.5 million. As a reminder, since July 2024, Ukraine has exempted the import of generators from VAT and customs duties.

The main manufacturers and brands of generators whose products are actively represented in Ukrainian imports are:
– Honda Power (Japan)
– Kohler (USA)
– SDMO (France)
– Geko (Germany)
– Endress (Germany)
– FG Wilson (UK)
– Tedom (Czech Republic)

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Rolled steel production in Ukraine increased by 3.3% in Q1 2025

Ukraine increased its production of total rolled products by 3.3% in January-March 2025 compared to the same period last year to 1.435 million tons, according to Ukrmetallurgprom.

In March, the company produced 478.4 thousand tons of rolled products, slightly higher than in February (476.9 thousand tons).

In 2024, the company produced 6.222 million tons of rolled products (+15.8% compared to 2023), 5.372 million tons (+0.4%) in 2023, and 19.079 million tons in 2021. In 2022, production decreased by more than 70%.

The Experts Club Information and Analytical Center has recently presented a video analysis of the top 20 steel producing countries – https://youtube.com/shorts/j7Yev2HCS4o?si=lfmGJ5jrx8036z1U

 

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