In the first quarter of 2025, JSC NAEK Energoatom paid UAH 12.6 billion to the Ukrainian budget in the form of taxes, mandatory payments, and a single contribution to compulsory state social insurance.
“This is UAH 5.7 billion more than in the same period of 2024,” the company said on its Telegram channel.
In turn, according to Energoatom’s financial results for the first quarter of 2025, published by MP Oleksiy Kucherenko on Facebook, NAEK’s net income from the sale of products (goods, works, services) in January-March reached UAH 77 billion, with the cost of production amounting to UAH 17.6 billion and gross profit amounting to UAH 59.4 billion.
As reported with reference to Kucherenko, according to the results of the first quarter of 2025, Energoatom received UAH 12.15 billion in net profit. He also recalled that at the end of 2024, Energoatom recorded UAH 1.3 billion in net profit.
According to the report of the Temporary Investigation Commission (TIC) of the Council on Possible Violations in the Tariff Policy in the Energy Sector for the six months of its activity, the current electricity tariff for the population of 4.32 UAH/kWh provides Energoatom with additional undistributed profit and depreciation in the amount of 0.99 UAH/kWh, which is about 49 billion UAH per year.
Members of the TSC believe that the level of electricity prices for the population set by the Cabinet of Ministers of Ukraine as of May 2024 fully corresponds to the economically justified level.
On May 14, the Verkhovna Rada took note of the TSC’s report on the investigation of possible violations of Ukrainian law in the formation and implementation of pricing and tariff policy in the energy and utilities sectors during its six months of activity.
By a corresponding resolution, the Rada extended the work of this Temporary Commission for a period determined by parliament (one year from the date of its establishment) and decided to hear its report on the work done at a plenary session by October 30, 2025. The Temporary Commission was established by a resolution of the Verkhovna Rada on October 30, 2024.
In 2024, Energoatom paid UAH 145.35 billion for PSO services (provisions on the imposition of special obligations – IF-U), allocating 58% of its net income to this purpose.
As part of anti-dumping investigations, duties are more effective for economic development, according to Pavlo Kachur, head of Ukrcement.
“There are two mechanisms for protecting the market: anti-dumping duties and price proposals. The difference between them is that the additional delta that equalizes prices in one case goes to the domestic budget, and in the other case goes to the foreign producer. In today’s situation, when every hryvnia of revenue to the state budget is very important, when this hryvnia is used for defense, when domestic consumption in Ukraine has fallen significantly, the mechanism of anti-dumping duties is much more patriotic, because it additionally fills the state budget,” he told Interfax-Ukraine on the sidelines of the conference ‘Trade Wars: The Art of Defense’ in Kyiv on Tuesday.
Kachur stressed that protecting the interests of Ukrainian producers in wartime is not only the right but also the duty of the state.
As reported, the Interdepartmental Commission on International Trade (ICIT) is reviewing anti-dumping measures on imports of cement from Russia, Belarus, and Moldova to Ukraine in connection with the expiration of their validity. Earlier, in 2019, the ICIT imposed anti-dumping duties on imports of cement clinker and Portland cement under codes 2523 10 and 2523 29 to Ukraine at the following rates: 57.03% on cement from Belarus; 94.46% on cement from Moldova; 114.95% on cement from Russia. The duties were imposed for a period of five years and extended for one year in 2024.
https://interfax.com.ua/news/economic/1073234.html?utm_source=telegram
The Interfax-Ukraine news agency has announced the launch of a Ukrainian-language version of its monthly analytical publication Economic Monitoring, which covers key macroeconomic indicators for Ukraine and the global economy, foreign trade dynamics, inflation, trends in employment, fiscal policy, public debt, energy, transport, and agriculture.
The new Ukrainian-language publication was created to expand access for Ukrainian businesses, think tanks, government agencies, and the media to verified economic information prepared on the basis of official sources, including the State Statistics Service, the National Bank of Ukraine, the Ministry of Economy, and international financial institutions, such as the World Bank and the IMF.
“In the current turbulent economic situation, the country needs high-quality, structured analytics presented in the official language. The launch of Economic Monitoring in Ukrainian is an important step towards meeting the needs of a professional audience in Ukraine. We want this product to become a reliable tool for businesses, government officials, and journalists in their decision-making,” said Maxim Urakhin, Director of Development at Interfax-Ukraine.
The first issue is already available to subscribers of the agency. It contains:
The publication will be updated monthly in accordance with available official data, even if some statistical publications are partially suspended due to martial law.
You can order an electronic copy of Economic Monitoring by contacting us at:
Maksym Urakin
Email: urakin@interfax.kiev.ua
Tel.: +38-067-232-00- 42.
Source: https://en.interfax.com.ua/news/press-release/1073347.html
At the beginning of 2025, the German labor market is showing resilience despite economic challenges, including slowing GDP growth and structural changes in industry. However, problems such as a shortage of skilled workers, demographic changes, and difficulties with integrating migrants remain.
Key indicators at the beginning of 2025
Total employment: According to the Federal Statistical Office of Germany, the number of people in employment in March 2025 was around 45.8 million, 0.1% less than in March 2024.
Unemployment rate: In March 2025, the unemployment rate was 3.7%, up 0.2 percentage points compared to the same month of the previous year.
Average working week: Despite high employment, the average number of hours worked per employee fell to a record low (excluding the pandemic year of 2020), raising concerns about labor productivity.
Professions in demand
In 2025, there will continue to be high demand in Germany for specialists in the following fields:
Medicine: doctors, nurses, pharmacists.
Information technology: software developers, cybersecurity specialists, data analysts.
Construction: engineers, architects, skilled workers.
Education: teachers, especially in primary schools and technical subjects.
Care sector: social workers, caregivers, especially in the context of an aging population.
The shortage of personnel in these sectors is due to both demographic changes and an insufficient influx of qualified specialists.
Migration plays a key role in maintaining Germany’s labor force:
Number of foreign workers: As of 2024, the number of foreign workers in Germany stood at 6.3 million, almost twice as many as ten years ago.
Main migrant groups:
Ukraine: Since the start of the conflict in 2022, Germany has taken in a significant number of Ukrainian refugees, many of whom are integrating into the labor market.
Syria, Turkey, Afghanistan: These migrant groups are actively participating in the economy, especially in sectors with labor shortages.
Integration challenges: Despite integration efforts, migrants face challenges including recognition of qualifications, language barriers, and limited access to educational programs.
Average wage
Average wage: In 2025, the average gross wage in Germany is around €4,200 per month.
Minimum wage: From 2025, the minimum hourly rate has been increased to €12.82.
Sectoral differences:
IT and technology: high wages reflecting a shortage of skilled workers.
Medicine: salaries vary depending on specialization and region.
Construction and care: salaries remain competitive, especially given the shortage of labor.
Forecasts and challenges
Germany faces a number of structural challenges in the labor market:
An aging population: According to forecasts, around 4.8 million baby boomers will retire by 2035, exacerbating the labor shortage.
Reduction in working hours: The average number of hours worked per employee is declining, which could have a negative impact on overall productivity.
Integration of migrants: Additional measures are needed to effectively integrate migrants into the labor market, including recognition of qualifications and language support.
In response to these challenges, the German government is implementing programs to attract skilled workers from abroad, improve working conditions, and promote employment among women and older workers.
Source: http://relocation.com.ua/analysis-of-the-german-labor-market-at-the-beginning-of-2025-by-relocation/
The National Bank of Ukraine (NBU) last week, with almost no currency purchases, increased its sales on the interbank market by $130.95 million, or 21.0%, to $755.10 million, according to statistics on the regulator’s website.
The data published by the regulator during this period indicate a change in the situation on the cash currency market: the balance was negative every day, fluctuating from $2.0 million on Monday to $15.3 million on Tuesday, $9.2 million on Wednesday, and $12.0 million on Thursday.
The official hryvnia exchange rate fluctuated within a narrow range from 41.5470 UAH/$1 at the beginning of the week to 41.4983 UAH/$1 at the end of the week.
On the cash market, the hryvnia exchange rate remained virtually unchanged at the end of the week: the buying rate was around 41.42 UAH/$1 and the selling rate was 41.50 UAH/$1.
As noted by KYT Group experts, the approaching tax payment period, as well as seasonal activity in the energy sector and imports of energy carriers, are adding liquidity to the market, but are unlikely to lead to significant exchange rate fluctuations provided that key current conditions remain unchanged.
In their opinion, technical and psychological support for the market is provided by the growth of international reserves to $46.7 billion (+10% in April), which creates an additional reserve of stability for the “managed flexibility” policy.
In the short term (2-4 weeks), KYT Group expects the exchange rate to remain in the range of 41.20-41.80 UAH/USD with local fluctuations of ±20 kopecks under the influence of situational factors, provided that current circumstances remain unchanged.
According to the company, in the medium term (2-4 months), the exchange rate may remain stable or shift to 41.80-42.50 UAH/USD under the influence of moderate devaluation.
Source: https://interfax.com.ua/news/projects/1071980.html
Lead imports to Ukraine in January-April 2025 increased 6.8 times to $2.77 million. At the same time, exports decreased by 16.3% to $2.96 million. In April, imports amounted to $678,000, while exports amounted to $840,000.
Lead is currently mainly used in the production of lead-acid batteries for the automotive industry. In addition, lead is used in the manufacture of bullets and certain alloys.
