Business news from Ukraine

Business news from Ukraine

Molton Brown is British brand with 50-year history

Molton Brown is a British luxury cosmetics brand that has been impressing the world with its unique fragrances and environmental responsibility for over 50 years. Founded in 1971 in London, the brand combines the traditions of British perfumery with innovation and sustainability, which allows it to remain relevant in the global market.

Unique fragrances and environmental responsibility

Molton Brown is known for its unique fragrances created in collaboration with leading perfumers. Among them are fresh Coastal Cypress & Sea Fennel, summer Delicious Rhubarb & Rose and luxurious Oudh & Gold. The brand pays special attention to details, ensuring a high concentration of fragrances in its products that meets the expectations of demanding consumers.

Environmental responsibility is a key principle of Molton Brown. The brand has never tested its products on animals and has been certified Leaping Bunny since 2012. The company’s production is carbon-neutral, using 100% renewable electricity since 2016 and recycling 97% of waste since 2021. By 2030, Molton Brown plans to have 50% of its packaging reusable or recyclable.

Global expansion

Molton Brown is actively expanding its presence in the global market. The brand successfully operates in North America, Australia, Europe, as well as in new markets in the Middle East and Asia, including Malaysia, Indonesia and Japan. According to Mark Johnson, President of AEMEA Cosmetics, the brand resonates well with consumers, aligning with their values and priorities for high quality, exceptional customer experience and innovative, sustainable product offerings.

Company history and structure

Molton Brown was founded in 1971 by Carolyn Burstyn and Michael Collis as a beauty salon on South Molton Street in London. Over time, the brand expanded to focus on the production of natural cosmetics and perfumes. In 2005, the Japanese company Kao Corporation acquired Molton Brown for £170 million, which allowed the brand to expand its presence in the international market.

Product range

Molton Brown offers a wide range of products, including.

  • Shower and bath gels
  • Shampoos and conditioners
  • Body lotions
  • Perfumes and eau de toilette
  • Scented candles and diffusers
  • Hand creams and soaps

Each product is created with attention to detail, using high quality ingredients and unique fragrance compositions.

Molton Brown is an example of a brand that combines tradition and innovation to create products that meet modern consumer demands. Thanks to unique fragrances, environmental responsibility and global expansion, the brand continues to strengthen its position in the global luxury cosmetics market.

Andrii Zabolotskyi

+38 (050) 334 46 63

Inst: @andrii.zabolotskyi

Andrii Ivaneta

+380 (67) 402 51 57

Official representative office of the brands

Prima Group Brands

www.primagroupbrands.com

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NBU expects grain and vegetable harvest to grow by 10-17% in 2025

The National Bank of Ukraine (NBU) expects a significant increase in grain, oilseeds and vegetable harvests in 2025, in the range of 10-17%.

“As for grains, we expect a 12% increase in harvests, 10% in oilseeds, and 17% in vegetables and potatoes,” said NBU Deputy Governor Sergiy Nikolaychuk at a press briefing on Thursday.

According to him, spring frosts and potentially prolonged periods of drought could negatively affect the yields of certain crops and put some pressure on prices, and this is considered a risk.

At the same time, according to the Ministry of Agrarian Policy, there is no significant damage to crops from frost, the NBU Deputy Governor noted.

“Therefore, I would like to reiterate our thesis that a significant slowdown in food inflation in the second half of the year is one of the important factors behind the overall slowdown in inflation in the second half of the year. And, in fact, this is our baseline scenario,” Mr. Nikolaychuk emphasized.

According to him, after the prices for agricultural products rose quite significantly last year, the potential for further price increases, even if negative risks materialize, will be limited by the relevant imports.

The NBU deputy governor added that the current harvest forecast is not much different from the one published in January.

Mr. Nikolaychuk emphasized that according to the operational data coming from the Ministry of Agrarian Policy, no serious damage to crops due to frost has been recorded so far.

As reported, this year’s planting season is 20.6% behind last year’s. As of April 11, Ukraine sowed more than 1 million hectares of spring grains and legumes.

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United States may close its diplomatic missions in Bosnia and Herzegovina

The administration of U.S. President Donald Trump is considering closing nearly 30 diplomatic missions around the world, including two consulates in Bosnia and Herzegovina – in Mostar and Banja Luka. This was reported by the Serbian Economist with reference to an internal document of the US State Department.

The plans to reduce the diplomatic presence are related to the Trump administration’s intention to optimize federal budget expenditures. According to The New York Times, the closure of 10 embassies and 17 consulates is being considered, as well as the reduction or consolidation of staff in other foreign missions.

In Europe, the embassies in Luxembourg and Malta, as well as consulates in France, Germany, Greece, Italy, Portugal, and the United Kingdom are under threat of closure. In Africa, embassies in the Central African Republic, Eritrea, Gambia, Lesotho, the Republic of Congo and South Sudan are to be closed.

The authorities of Republika Srpska, one of the two entities of Bosnia and Herzegovina, commented on the possible closure of US consulates as part of the US economic strategy. The Chairman of the

Republika Srpska National Assembly Chairman Nenad Stevandic noted that this reflects a change in Washington’s political course.

Meanwhile, the US Embassy in Sarajevo said it had no information about plans to close consulates and was continuing to operate as usual.

Source: https://t.me/relocationrs/840

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Ukrzaliznytsia’s quarries: how much was extracted, produced and sold in 2021-2024

The branch “Industrial Management Center” (IMC), which manages the mining divisions of JSC “Ukrzaliznytsia”, disclosed for NADRA.INFO readers the key performance indicators of railway quarries

Mining

In 2024, Ukrzaliznytsia’s quarries extracted about 1.3 million cubic meters(1,288.43 thousand cubic meters) of non-metallic minerals (excluding underground water).

Production in 2024 exceeded the volume of 2023 by 1.9% (1264.29 thousand cubic meters), but did not reach the level of 2021 (1556.19 thousand cubic meters).

In 2024, production was recorded at 12 out of 19 open pits; as of April 2025, subsoil use is carried out by 13 production units. Due to the full-scale armed aggression of the Russian Federation against Ukraine, two mining assets of Ukrzaliznytsia from 2022 are located in the temporarily occupied territory (Khlebodarovskiy and Trudovskiy).

The largest volumes of extraction (more than 100 thousand cubic meters in solids each) were shown by Hlystunivskyi (Cherkasy region), Kryukivskyi (Poltava region), Znamenskyi (Kirovograd region), Penizyvitskyi (Zhytomyr region), Kamyanitskyi (Zakarpattya region), Tomashhorodskyi (Rivne region), Redutskyi quarries (Poltava region).

Hlystunovskiy quarry has been the leader in terms of the volume of mined material for all four years. This production unit extracted the most in 2023 – 275.26 thousand cubic meters, in 2024 production decreased to 213.45 thousand cubic meters. This quarry is also the leader in production and sales of crushed stone products (see below).

The largest increase in production in 2024 was shown by Penyzevitsky quarry (+146.6% compared to 2023).

Top 5 quarries of Ukrzaliznytsia by production volumes in 2024:

  1. Hlystunivskyi – 213.45 thousand cubic meters (-22.5%);
  2. Kryukivskyi – 186,77 thousand cubic meters (+11,4%);
  3. Znamensky – 156.56 thousand cubic meters (-20%);
  4. Penizevitsky – 134.12 thousand cubic meters (+146.6%);
  5. Kamyanitsky – 124.04 thousand cubic meters (+45%).

Kryukivskyi, Korolevskyi and Samchynetskyi quarries demonstrated stable upward dynamics of production in 2022-24.

Production

The total volume of products (except water) produced by Ukrzaliznytsia JSC quarries in 2024 amounted to 3,376.45 thousand tons (+2.1% to 2023).

Top 5 quarries of Ukrzaliznytsia in terms of the volume of products produced in 2024:

  1. Hlystunivskyi – 576.35 thousand tons (-22.4% to 2023);
  2. Kryukovsky – 468,64 thousand tons (+11,6%);
  3. Znamensky – 418.64 thousand tons (-20%);
  4. Penizevitsky – 352.37 thousand tons (+68.3%);
  5. Kamyanitsky – 304.08 thousand tons (+46%).

The most rapid increase in production (against the background of low comparative base of 2023) was recorded at Bechovskiy (+422%) and Klesovskiy (+141%) quarries.

Realization

Total sales of products (except water) in 2024 amounted to 2,289.35 thousand tons (-10.7% vs. 2023).

Top 5 quarries of Ukrzaliznytsia by volume of sold products in 2024:

  1. Khlystunivskyi – 424.88 thousand tons (-27.8% to 2023);
  2. Kamyanitsky – 311.48 thousand tons (+49.9%);
  3. Kryukovsky – 280.79 thousand tons (-8.15%);
  4. Znamensky – 276.43 thousand tons (-39.2%);
  5. Penizevitsky – 239.85 thousand tons (+58.3%).

Heads

The PMU also reported the names of the heads of mining production units as of April 2025:

  • Adabasky – Oleg Batsyu;
  • Bekhovsky – Arsby Visitaev;
  • Erastovsky – Vladimir Podgorny;
  • Znamensky – Alexander Gruzin;
  • Kamyanitsky – Ivan Fedurtsa;
  • Klesovsky – Maryna Gritskevich;
  • Korolevsky – Vasiliy Kopin;
  • Kryukovsky – Ivan Sadokhin;
  • Ladyzhynskyi – Alexei Gritsayenko;
  • Penizevitsky – Oleg Ruban;
  • Pogrebishchenskyi – Valery Kilchuk;
  • Radoshynskyi – Vyacheslav Korostel;
  • Redutskyi – Denis Krot;
  • Samchinetskyi – Oleksiy Grytsayenko;
  • Stryjski – Victor Odinak;
  • Tomashgorodskyi – Boris Kuditin;
  • Hlystunovskyi – Oleg Lomakin.

There is no data on the heads of Khlebodarivskyi and Trudivskyi quarries, which are located in the temporarily occupied territory.

Context

The main production of the railroad quarries is crushed stone of 25-60 mm fraction for the needs of Ukrzaliznytsia.

Since February 2025. The PMU has been headed by Oleg Lapyuk, the former head of the Kryukiv and Tomashgorod quarries. His predecessor Vladimir Naumenko headed the branch in 2023-2025.

In 2020-2021, against the background of multimillion losses of mining divisions (-200 million UAH in 11 months of 2020), Ukrzaliznytsia announced its intention to put some quarries for privatization.

Ukrzaliznytsia is also a producer of bottled water.

Read more at: https://nadra.info/2025/04/ukrzaliznytsias-quarries-how-much-was-mined-produced-and-sold-in-2021-2024/

Parliamentary elections in Moldova scheduled for September 28

Moldovan parliamentary elections scheduled for September 28Moldovan parliamentary elections will be held on September 28, a decision to this effect was adopted at a parliamentary session on Thursday.
Moldova has a parliamentary form of government, under which the powers of the president are limited. Parliamentary elections are held every four years.

The last one was held on July 11, 2021. According to the legislation, the next elections must be held within 90 days after the four-year anniversary of the approval of the mandates of elected deputies. This means that the elections must be held between July 26 and October 26, 2025.

Earlier, the Experts Club think tank released a video analysis dedicated to the most important elections in the world in 2025, for more details see here –

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Quotes of interbank currency market of Ukraine (UAH for €1, in 01.12.2024-31.12.2024)

Quotes of interbank currency market of Ukraine (UAH for €1, in 01.12.2024-31.12.2024)

Source: Open4Business.com.ua