Founded in 2004, N-Trans is a leading provider of integrated logistics services in Ukraine. The company’s core business areas include international road and container transportation, customs terminal services, customs clearance, and warehouse logistics. The company offers a full range of solutions for the transportation of goods of varying complexity.
Despite the challenging wartime conditions, N-Trans continues to grow and expand its geography, which covers Europe and Asia. Among the company’s clients are such international giants as Mitsubishi, Hyundai, Volkswagen, Audi, Scania, Iveco, BYD and Haval.
CEO Denis Fomenko said: “We are confidently moving forward despite all the challenges. Our main goal remains to expand the geography of optimal logistics routes and improve the quality of service for our customers.”
The company’s financial performance confirms its steady growth. In 2023, N-Trans’ turnover amounted to UAH 305 million, up 267% compared to 2022. In the first half of 2024, the turnover reached UAH 172 million, up 14% year-on-year.
“N-Trans operates a modern functional logistics terminal located on the 45th km of the Kyiv-Chop highway. The terminal includes:
Vehicle arrival area of 24,100 m²
Closed-type temporary storage warehouse with an area of 164 m²
An open-type customs warehouse with an area of 36,300 m²
Open commercial warehouse with an area of 60,000 m²
Customs post of the Kyiv Customs Service
Phytosanitary control point of the State Service of Ukraine for Food Safety and Consumer Protection in Kyiv region
Saab is looking to set up production in Ukraine to support the country’s development of independent defence capabilities, the Swedish defence equipment maker’s CEO told Reuters.
Russia’s full-scale invasion of Ukraine in February 2022 has prompted a surge in demand for military equipment, with several Western manufacturers looking to set up production in Ukraine.
“We have to help Ukraine build sovereign capacity and capabilities, so we need to have partnership with Ukrainian industry in Ukraine and also Ukrainian industry that has moved outside of Ukraine,” Saab CEO Micael Johansson said.
He added Saab was in talks with two or three companies on “how to establish local production”, but an agreement was yet to be finalised.
Saab, which competes with the likes of U.S. giant Lockheed Martin, France’s Dassault Aviation and Britain’s BAE Systems, is seeing a boom in demand spurred by global tensions, the war in Ukraine, and Sweden’s recent NATO accession.
Johansson said he saw potential for working with Ukrainian companies on drone capabilities. Ukraine could also be supplier of munitions parts and contribute to the development of sensor technology, he added.
Johansson said the arms industry was pivoting from donation-based aid to direct partnerships with Kyiv.
“I think we are sort of in a movement of going from having countries donating things to Ukraine, which will continue, of course, to having us as an industry delivering directly to the MoD (Ministry of Defence) and the defence forces in Ukraine, which has not happened completely yet, but it’s starting to happen,” he said.
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“The Ukrainian Exchange (UX, Kyiv), which suspended trading on July 8 after the National Securities and Stock Market Commission’s (NSSMC) resolution to revoke its license came into force, announced that it will resume trading in the near future thanks to an appellate court decision to suspend the NSSMC’s resolution as an interim measure.
“This decision (of the Court of Appeal) allows the exchange to resume its operations for the period of the court proceedings. We have already started the process of launching trading, and in the near future, after completing all the necessary organizational measures, the exchange will resume its normal operations,” the UX said in a statement on its website on Wednesday.
The exchange added that it continues to challenge the NSSMC’s resolution in court to resolve the dispute on the merits.
The UX clarified that the ruling of the Court of Appeal came into force on September 24.
“The exact date of the resumption of trading will be announced additionally on our website,” the exchange said.
Source: https://interfax.com.ua/
In September 2024, Ukraine started importing potatoes from Poland and Lithuania, EastFruit reports. According to official statistics, from September 1 to 23, 2024, the country has already received three trucks of potatoes: 22 tons from Lithuania, worth $10.56 thousand, and 42 tons from Poland, worth $20.164 thousand.
According to the State Customs Service (SCS), Ukraine imported 15 thousand tons of potatoes between January and August 2024. During this period, potato exports amounted to only 760 tons worth $215 thousand, while imports amounted to 15.356 thousand tons worth $9.324 million.
Read also: Trends among the top 10 largest seed potato exporting countries in the world
According to the analysts of the EastFruit project, the import of potatoes started due to the increased demand for food potatoes among local wholesalers and retailers, as well as speculations about the potential shortage of quality potatoes in the current season. Potato prices have been rising strongly due to high demand for food potatoes, which is further fueled by rumors of a shortage of quality potatoes this season.
The poor harvest in 2024 also contributed to higher prices and increased demand for potato imports. EastFruit experts note that the main reasons for potato imports were the growth in demand due to the needs of the army, population migration, and the reduction of local production in Ukraine.
The deficit of domestic production and high demand for potatoes contributed to a significant increase in imports.
https://east-fruit.com/uk/novyny/ukrayina-pochala-import-kartopli-v-rozpal-zboru-vrozhayu/
Ukrainian Foreign Minister Andriy Sybiga held talks with Serbian Foreign Minister Marko Djuric in New York.
“I met with Marko Djuric. We highly appreciate Serbia’s support for Ukraine’s sovereignty and territorial integrity and participation in the Peace Formula. I informed him about the Russian attacks on our energy system. I welcome Serbia’s decision to reopen its embassy in Kyiv this year,” Sibiga wrote on social media site X.
On May 13, Ukrainian Foreign Minister Dmytro Kuleba announced after a meeting with the Serbian head of state that Serbian President Aleksandar Vucic had agreed to hold a Ukrainian-Serbian business forum in the near future, as well as to reopen the Serbian embassy in Ukraine for the first time since March 2022.
As of September 25, Ukraine exported 9.764 mln tonnes of grains and pulses since the beginning of 2024-2025 marketing year (MY, July-June), of which 2.297 mln tonnes were shipped this month, the press service of the Ministry of Agrarian Policy and Food reported.
According to the report, as of the same date last year, the total shipments amounted to 6.152 million tons, including 1.565 million tons in September.
In terms of crops, since the beginning of the current season, Ukraine has exported 5.591 million tons of wheat, including 1.808 million tons in September, 1.245 million tons (132 thousand tons) of barley, 7.5 thousand tons (7.2 thousand tons) of rye, and 2.664 million tons (328 thousand tons) of corn.
The total exports of Ukrainian flour since the beginning of the season are estimated at 17.4 thsd tonnes (5.5 thsd tonnes in September), including 15.7 thsd tonnes of wheat (4.8 thsd tonnes).
