Metinvest Group and the Kamyanske City Council have signed a Memorandum of Cooperation in the field of socio-economic development. This year, the company will invest UAH 70 million in the implementation of projects that are important to the community.
According to a press release, the funds will be used to renovate hospitals No. 9 and No. 7, the emergency hospital, and the primary health care center No. 3. In addition, the community will receive five new trams. This will allow for the renewal of the tram fleet and make travel around the city more comfortable.
Metinvest, as part of Rinat Akhmetov’s Steel Front, is focused on helping our indomitable military. At the same time, the Group continues to care for the peaceful residents of the cities where its enterprises operate. Our ongoing cooperation with the mayor of Kamensk has already become a good tradition, as evidenced by numerous successfully implemented initiatives. This year, we are expanding the horizons of our cooperation by initiating even more joint projects aimed at developing urban infrastructure, supporting social programs, and improving the quality of life of the community,” said Alexander Mironenko, Chief Operating Officer of the Group.
Mayor of Kamenskoye Andrey Belousov emphasized the importance of such cooperation between business and local authorities in wartime.
Last year, Metinvest invested UAH 50 million in modernizing the medical infrastructure of Kamensk.
State-owned Ukreximbank (Kyiv) increased its net profit in the first quarter of 2025 by 26%, or UAH 508.6 million, to UAH 2.4 billion compared to the first quarter of last year, becoming one of the three most profitable banks during this period.
According to the bank’s report on its website, its net interest income increased by 42.5%, or UAH 686.5 million, to UAH 2.3 billion, while net commission income increased by 4.4%, or UAH 12.6 million, to UAH 301.4 million.
The bank’s total assets for January-March 2025 increased by 0.3%, or UAH 945.5 million, to UAH 292 billion, while total liabilities decreased by 0.4%, or UAH 1 billion, to UAH 278.8 billion.
At the same time, the amount of customer funds in Ukreximbank increased by 1.3%, or UAH 3.26 billion, to UAH 247.3 billion, while bank funds decreased by 17%, or UAH 393 million, to UAH 1.92 billion.
In the first quarter of this year, Ukreximbank increased its equity capital by 17.6%, or UAH 1.9 billion, to UAH 13.3 billion.
“During the first three months of 2025, the bank exceeded the expected capital adequacy ratios set by the updated Capitalization Program and complied with the minimum prudential requirements in accordance with the NBU’s requirements,” the report said.
As reported, Ukreximbank ended 2024 with a record pre-tax profit of UAH 5.9 billion, which is 20.1% more than in 2023.
The German federal government has promised Ukraine further military support totaling EUR5 billion, NTV reported on Wednesday.
“The support package will be financed from funds already approved by the Bundestag, as announced by the Federal Ministry of Defense in Berlin,” the broadcaster said on its website.
The promise was made during a visit to Berlin by a Ukrainian government delegation led by President Volodymyr Zelenskyy. German Defense Minister Boris Pistorius also met with his Ukrainian counterpart Rustem Umerov.
Philip Morris Ukraine has opened a new modern shelter on the territory of its factory in the Lviv region, in which it has invested about UAH 60 million, according to a press release from the company.
“In the current circumstances, the safety of our people is not just a requirement of the times, but also our responsibility. (…) We continue to invest in Ukraine, and these investments demonstrate our long-term strategy as an investment ambassador and our support for the economy in the context of martial law,” said Maxim Barabash, CEO of the company.
The shelter is designed for 170 people and will provide protection for both factory workers and local residents during air raids or emergencies. It fully complies with all applicable safety requirements and standards and is designed to provide comfortable accommodation for people for up to 48 hours.
The space is equipped with a ventilation system using explosion-proof valves and air conditioning, an alarm and fire extinguishing system with backup power supply, a water supply and sewage system, a heating system, radio broadcasting, telephone communication, and video surveillance, places for rest and seating, and water and food supplies for long stays. The shelter takes into account the needs of people with disabilities. The premises include a medical corner, sanitary facilities, shower rooms, and a kitchen area.
Construction of the shelter began in September 2024 after the launch of the factory, in which the company invested $30 million. Prior to this, employees used a modernized shelter on the territory of the Lviv city community, in which the company invested about UAH 1.3 million.
Philip Morris was spun off from Altria in 2008 and is one of the world’s largest tobacco manufacturers. The company’s revenue for 2023 increased by 10.7% compared to 2022, to $35.2 billion. The report noted that Ukraine accounted for about 2% of total sales in volume terms and 1% in monetary terms.
In 2022, PMI reduced shipments to the Ukrainian market by 30.1% to 11.07 billion cigarettes and tobacco sticks due to the war, but in 2023, it managed to increase shipments of finished products by 8.4%, including 14.9% in the fourth quarter. In October 2023, the company announced that it had restored its share of the Ukrainian market to 24%. In 2024, Ukraine’s figures were excluded from PMI’s quarterly reports.
In addition to cigarette production, PMI develops and manufactures smokeless products—electrically heated tobacco products (e-cigarettes), nicotine-containing POD systems, and nicotine products for oral use. Sales of smokeless products accounted for 39% of PMI’s total net income in the first quarter of 2024 and 38% in the third quarter.
Philip Morris Ukraine has been operating in the Ukrainian market since 1994 and has invested over $750 million in the Ukrainian economy during this time. Since the start of the full-scale invasion, it has allocated over UAH 400 million to humanitarian projects.
According to the ranking of the largest employers in the regions compiled by OpenDataBot based on financial reports for 2023, the agricultural enterprise Nibulon, which employs about 2,800 people, was recognized as the largest employer in the Mykolaiv region.
Nibulon is one of Ukraine’s leading agricultural holdings, specializing in the cultivation, storage, processing, and export of grain and oilseeds. The company was founded in 1991 and developed for many years under the leadership of its founder, Oleksiy Vadatursky, a Hero of Ukraine who died in the summer of 2022 as a result of shelling in Mykolaiv.
Field of activity: agricultural sector, grain export, logistics
Headquarters: Mykolaiv
Number of employees: approximately 2,800 (as of the end of 2023)
Capabilities: own elevators, terminals, an agricultural fleet of more than 80 vessels, a shipbuilding plant
Export destinations: EU, North Africa, Asia, Middle East
Plans: expansion of logistics infrastructure and restoration of lost assets in frontline regions
