The State Enterprise “Forests of Ukraine” has handed over three dozen pickup trucks – Mitsubishi L200, Volkswagen Amarok and other models – to 13 units of the Armed Forces of Ukraine, said Yuriy Bolokhovets, CEO of the state enterprise.
“There is an acute shortage of vehicles in forestry. We need cars for patrolling, firefighting, and business activities. But when we purchase new vehicles, we immediately plan to transfer them to the Armed Forces of Ukraine. In total, since the beginning of the war, foresters have provided the Armed Forces with more than 1,100 vehicles,” he wrote on his Facebook page.
According to him, the vehicles were handed over to the 68th and 71st separate hunting brigades, the Charter National Guard, the 128th Mountain Assault Brigade, the 55th Zaporizhzhya Sich Artillery Brigade, the 150th Mechanized Brigade, the 129th Territorial Defense Brigade and other units. The vehicles were delivered from the Polissia Forestry Office, Central Forestry Office, Carpathian Forestry Office, and Northern Forestry Office of the State Enterprise “Forests of Ukraine”.
“All machines are well maintained and in good technical condition. Our mobilized employees serve in the units that received the vehicles. We try to keep in touch with them, collect money for their needs and support them as much as possible,” explained Bolokhovets.
The CEO of the state-owned enterprise also said that every week the Union of Forestry Soldiers of Ukraine sends drones, electronic warfare equipment and much more to the Armed Forces of Ukraine. Since the beginning of the war, the amount of non-refundable aid from foresters has exceeded UAH 1.5 billion. In addition, in 2024, the Forests of Ukraine donated almost UAH 300 million worth of timber to the military.
“For the second year in a row, the State Enterprise “Forests of Ukraine” demonstrates a record level of profit. This is the result of transparent and efficient management, so we can invest in development and at the same time support the frontline as much as possible,” Bolokhovets summarized.
In the 2024/2025 season, Ukraine will produce 1.6 million tons of sugar against the domestic market demand of 900 thousand tons, which is one of the best indicators for the last five years, said Taras Vysotskyi, First Deputy Minister of Agrarian Policy and Food, during the conference “Drought and War: What will be the harvest this year and how will it affect the economy”.
“It should be noted that we will once again have quite significant sugar production. Farmers planted less sugar beet than in the last record year. However, at the level of 1.6 million tons, with domestic consumption of 900 thousand tons, this is a good indicator. It is one of the best in the last five years,” he said.
Vysotsky emphasized that the sugar produced will be enough for the domestic market, and there is a significant potential for export. He confirmed that the quota for Ukrainian sugar to be supplied to the EU market has been exhausted. However, the production figures for the current sugar season in Ukraine are very good.
In March-June, mobile operator lifecell’s revenue increased by 10% year-on-year to UAH 3.215 billion.
According to the report of the parent company Turkcell, lifecell’s net profit in the second quarter increased by 3% to UAH 630.2 million.
Lifecell’s EBITDA increased by 4% to UAH 1.77 billion in the period, but its EBITDA margin decreased by 3.9 percentage points to 55.2%.
The company’s capital investments in the second quarter decreased by 28% to UAH 1.12 billion.
According to Turkcell, on September 9, the company completed the transfer of shares, as well as all rights and obligations in its subsidiaries LifeSell LLC, Global Bilgi LLC and Ukrtower LLC to DVL Telecom, one of the companies of the NJJ Holding group of French billionaire Xavier Niel. Turkcell is no longer a shareholder in these subsidiaries, the company said in its quarterly report.
On the closing date of the transaction, Turkcell received $524.3 million under the share purchase agreement.
Turkcell’s top managers, answering investors’ questions during the conference call, confirmed that the final sale price will be determined based on adjustments to be made at the closing of the transaction, based on the level of net cash/debt as per the financial statements to be prepared at the closing date.
Earlier it was reported that the NJJ consortium transferred $524.3 million to Turkcell and completed the acquisition of Datagroup-Volia and lifecell.
The State Property Fund of Ukraine (SPF) has included Drohobych Saltworks in the list of enterprises to be privatized, the saltworks said on Facebook.
“Unfortunately, the enterprise cannot recover on its own, as it pays 80% of its net profit as dividends, and it has almost no funds left for recovery. Therefore, it is important to find effective solutions to preserve our heritage,” – noted in the message.
The management of the enterprise believes that the purchase of the enterprise by a private investor or transfer to the regional or city municipal ownership is one of the effective ways to preserve and restore the property. In this case, the entire income can be directed to the development of the enterprise and attract funds from outside.
“The management is ready to do everything possible to continue salt production. And yes, it is real! We will take care that the conditions of privatization include the continuation of Drohobych salt production”, – stated in the message.
Drohobych saltworks is the oldest enterprise in Ukraine, which began production in 1390. Salt at the plant is boiled from brine, which is extracted from the subsoil. Currently, the enterprise produces two types of products: “Boiled iodized kitchen salt” and “Boiled kitchen salt without additives”. After the beginning of hostilities in the East, this is practically the only enterprise in Ukraine, which is engaged in salt production. The leading retail chains of the country have established cooperation with it. Since 2019, the plant is actively developing tourism.
Croatia will provide another EUR 5 million for the Ukrainian energy sector, Prime Minister Denys Shmyhal said following a meeting with Croatian Prime Minister Andrej Plenkovic.
“Mr. Plenkovic announced a new package of military assistance and another EUR 5 million for the Ukrainian energy sector. Ukraine highly appreciates all the assistance provided by Croatia. Thank you for supporting our country in all spheres,” Shmyhal wrote on his Telegram channel.
In addition, he said that the countries had signed two documents in the field of education and justice, which will contribute to Ukraine’s further European integration.
Among other things, the prime minister said that on Wednesday, the Croatian demining company DOK-ING opened its representative office in Ukraine.
In August, registrations of electric vehicles (new and used) in Ukraine amounted to 6,445 thousand, which is 68% more than in August last year and 36.6% more than in July this year, Ukravtoprom reported on its telegram channel. As reported, in July 2024, the demand for electric vehicles increased by 38% compared to July 2023 and by 14% compared to June 2024.
As reported, market experts attribute this jump in demand for electric vehicles over the past 1.5 months to the government’s initiative to introduce a 15% military tax on car buyers during the first registration, including electric vehicles, which are currently not taxed in Ukraine (except for a small excise tax).
In late August, it was reported that the government had abandoned this initiative.
According to Ukravtoprom, the share of new cars in electric car registrations in August was 18%, the same as a year earlier (21% in July).
The bulk of the electric vehicles registered during the month were passenger cars – 6,302 thousand units (new – 1,159 thousand, used – 5,143 thousand), and only five of 143 commercial vehicles were new.
The top five new electric cars in July were BYD Song Plus – 174 units; Honda M-NV – 169 units; Volkswagen ID.4 – 147 units; ZEEKR 001 – 107 units; Nissan Ariya – 83 units.
The top five used cars were Nissan Leaf – 658 units; Tesla Model Y – 588 units; Tesla Model 3 – 561 units; Hyundai Kona – 308 units; Volkswagen e-Golf – 289 units.
In total, in January-August, more than 35.6 thousand battery-powered vehicles were registered for the first time in Ukraine (79% more than in the same period in 2023), with new vehicles accounting for 20%.
For its part, the AUTO-Consulting information and analytical group also notes a jump in demand for electric cars based on information about military training – according to its data, 1.3 thousand new electric vehicles were sold in August, which was a monthly sales record for the entire period of observation.
“Although the share of the electric car market slightly decreased compared to previous months and amounted to 16%, the absolute number of sales was a record, despite the massive power outages,” the group’s website states.
According to experts, 8.2 thousand new electric vehicles (16.9% of the total car market) were sold in Ukraine in 8 months of 2024, which is 30% more than in the same period in 2023.
As reported, in 2023, according to Ukravtoprom, registrations of new and used electric cars in Ukraine increased 2.8 times to 37.6 thousand, with new cars accounting for 20% compared to 17% a year earlier.
