Nearly 480 household owners have received microgrants from the Ukrainian Red Cross (URC) to develop or rebuild their own businesses.
“The Ukrainian Red Cross continues to support people who are striving to rebuild their lives and secure a stable income. As part of the “Reboot: Expanding Employment Opportunities” program, 478 household owners have already received UAH 47.8 million in microgrants to implement their own business plans,” the Communications and Marketing Department of the National Committee of the Red Cross Society of Ukraine reported on Wednesday.
The program participants were people who suffered from the war, in particular due to the loss of their jobs, homes, or businesses.
The selection of participants took place in two stages. The first wave of the competition ended in July this year and covered eight regions and the city of Kyiv. The second wave was held in Vinnytsia, Ivano-Frankivsk, Kirovohrad, Lviv, Mykolaiv, Poltava, Ternopil, Cherkasy, and Khmelnytskyi regions, as well as in Kyiv.
The supported businesses operate in various fields, including: repair services and workshops; the beauty industry – hairdressing, cosmetology, and manicure services; public catering – cafes, bakeries; manufacturing and trade – plumbing, construction, and children’s goods; educational services, children’s rooms; animal husbandry, beekeeping, and plant growing.
The UCC’s “Reboot” program is implemented with the support of the Spanish, Danish, and Swiss Red Cross.
The program has been in operation since 2024 and aims to support micro-entrepreneurship among internally displaced persons, veterans, their family members, and representatives of other vulnerable population groups.
Source: https://interfax.com.ua/
The State Forestry Agency, together with relevant ministries, is preparing measures to increase timber harvesting in 2026 and transition to new management methods in 2027, the agency’s head Viktor Smal told the Interfax-Ukraine news agency.
“With reasonable deregulation, revision of standards, and expansion of the use of self-forested areas, we will be able to increase stable harvesting while remaining within the limits of annual growth,” he concluded.
The State Forestry Agency of Ukraine is the central executive body that coordinates the management, protection, restoration, and rational use of the country’s forest resources. The agency oversees more than 70 state-owned enterprises, including the State Enterprise “Forests of Ukraine,” as well as scientific, environmental, and inventory institutions.
In April-June of this year, the large Ukrainian cable plant Odeskabel received net sales revenue of UAH 737.4 million, which is 33.5% more than in the second quarter of last year.
According to the company’s interim report, during this period, it produced 2,279 tons of copper cable and wire products worth UAH 722.8 million, compared to 1,700 tons worth UAH 578.2 million in the second quarter of last year.
Average selling prices for cable products for the reporting period of 2025, as in 2024, ranged from UAH 600,000 to UAH 1.5 million/km, depending on the brand size.
In April-June 2025, products worth UAH 134.5 million (18.2% of sales) were exported, while in the second quarter of last year, products worth UAH 139.5 million (25.3%) were exported.
As in the previous year, the plant used 70-80% of its equipment during the reporting period.
The report does not contain data on financial results (profit or loss) for the second quarter of both 2025 and 2024.
Odeskabel lists the following issues affecting its operations: high interest rates on bank loans, lack of state orders for domestic manufacturers’ products, refusal of foreign partners to cooperate with Ukraine in the context of the war, and complications in crossing the border for business trips.
According to the company’s interim report for the first quarter of this year, it increased its net sales revenue by 70.2% compared to the same period in 2024, to UAH 738 million, with exports accounting for 22% of sales (UAH 159.7 million), compared to 23.6% (UAH 98.4 million) in the first quarter of 2024.
PJSC “Odeskabel” produces a wide range of communication, radio frequency, digital, and LAN cables, with the most extensive range on the Eastern European market. It also produces power and heating cables, wires, and cords.
In Ukraine, the company’s products are used by telecommunications operators and energy networks, among others.
At the end of the first half of the year, the plant employed more than 800 people.
The national postal operator Ukrposhta has announced the launch of its own network of parcel terminals manufactured by the Ukrainian company Modern Expo, according to the company’s CEO Ihor Smelyansky.
The Prozorro electronic procurement system indicates that the cost of the tender announced on September 16 was UAH 20.79 million. The sole participant, a Ukrainian-Polish joint venture in the form of Modern Expo LLC, was selected as the supplier, and the contract was signed on October 13.
“Today, Ukrposhta can announce the signing of an agreement for the supply of its own post office boxes — importantly, Ukrainian-made — with the market leader, Modern Expo,” Smelyansky wrote on Telegram on Tuesday.
The company’s CEO specified that the first 100 parcel terminals are planned to be installed before the New Year: 70 in Kyiv and 30 in Odesa.
According to him, access to parcels is possible both through the app and through a PIN code on a keyboard with metal buttons. The parcel locker will allow users to both receive parcels and send letters.
According to the agreement, two types of parcel terminals will be supplied: standard and extended autonomy, designed to operate in autonomous mode and with enhanced security standards. The cost of batteries for extended autonomy parcel terminals is four times higher than for standard ones, and charging devices are three times more expensive.
The Prozorro system also states that since the beginning of 2024, Ukrposhta has made several similar purchases of self-service postal terminals (postal terminals) with installation. The cost of those tenders was lower than the agreement with Modern Expo, but the contracts concluded with other winners were subsequently terminated due to their failure to fulfill their obligations.
Corum Druzhkivka Machine-Building Plant (Corum DrMZ), part of the Corum Group (DTEK Energy), has completed the manufacture of a powerful main ventilation fan for the Pavlogradska mine, the plant announced on its Facebook page.
The plant notes that the fan’s impeller has a diameter of 3 m and weighs 26 tons. For comparison, it cites the parameters of the aircraft engine of the world’s largest aircraft, the An-225 Mriya, which has a diameter of 2.33 m and weighs 5.7 tons.
“The fan is 14 m long and over 4 m high and wide. Due to its size, final assembly will take place at the customer’s site, while only partial assembly has been carried out at the plant,” the statement said.
Korum DrMZ notes that this is the fourth fan of this type it has manufactured since 2014 and the third since the company’s relocation.
The cost of the equipment is not disclosed.
According to YouControl, Korum DrMZ, which was relocated to Dnipro in 2022, reduced its losses by 30% in January-June this year compared to the first half of 2024, to UAH 49 million, while its net income fell by 16.8% to UAH 521.6 million.
Corum Group is a leading manufacturer of mining equipment in Ukraine. It is part of DTEK Energy, an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s DTEK energy holding.
