Import changes in % to previous period in 2023-2024
Source: Open4Business.com.ua and experts.news
Ukrainian metallurgical enterprises in January-May this year increased production of total rolled products by 29.5% year-on-year to 2.568 million tons from 1.982 million tons, according to preliminary data.
According to Ukrmetallurgprom on Friday evening, steel production increased by 31.2% over the period to January-May 2023, to 3.139 million tons from 2.392 million tons.
Pig iron production increased by 20.8% to 2.839 million tons from 2.350 million tons.
As reported earlier, in January-2024, Ukraine increased production of total rolled products by 75.9% year-on-year to 453 thousand tons from 257 thousand tons, steel by 91.6% to 544 thousand tons from 284 thousand tons, and pig iron by 44.5% to 555 thousand tons from 384 thousand tons.
In January-February 2024, rolled steel output increased by 52.5% year-on-year to 900 thousand tons from 590 thousand tons, steel output by 52% to 1.076 million tons from 708 thousand tons, and pig iron output by 42.5% to 1.050 million tons from 737 thousand tons.
In the first quarter of 2024, the company increased production of total rolled products by 35.5% to 1.389 million tons, steel by 36.6% to 1.687 million tons, and pig iron by 32.1% to 1.589 million tons.
In January-April 2024, production of total rolled products increased by 30.5% to 1.973 million tons from 1.512 million tons, steel by 32.8% to 2.402 million tons from 1.809 million tons, and pig iron by 25.1% to 2.186 million tons from 1.747 million tons.
In 2023, Ukraine increased production of total rolled products by 0.4% compared to 2022 to 5.372 million tons, but reduced steel production by 0.6% to 6.228 million tons and pig iron by 6.1% to 6.003 million tons.
In 2022, Ukraine reduced production of total rolled products by 72% compared to 2021, to 5.350 million tons, steel by 70.7% to 6.263 million tons, and pig iron by 69.8% to 6.391 million tons.
In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).
Supervisory Board of JSC “Insurance Company ‘Opeca’ (formerly – IC ‘Point’, Kiev) on June 6 terminated the powers of the head of the Board of Directors Oleg Bazaliy and a member of the Board of Directors Marina Dudnik, reported in the official information of the insurer, posted in the system of the National Commission on Securities and Stock Market.
It is also noted that they have held office since December 2022 and no one has been elected instead of them.
In addition, the nabsovet terminated the powers of a member of the Board of the company Svetlana Sukhorukova by agreement of the parties.
As reported, the National Bank of Ukraine on April 1, 2024 granted permission to JSC Insurance Company Opeca to exit the market by executing the insurance portfolio and agreed on the exit plan.
According to the statements presented by IC “Opeca” for 2023, the insurance portfolio of the company was formed at the expense of payments on health insurance (continuous health insurance) – 65%, accident insurance – 13%, insurance of land transport (except railway) – 10%.
The volume of insurance premiums of the company in the specified period amounted to UAH 9,871 mln, formed insurance reserves – UAH 1,194 mln. For 2023 the insurer has paid out insurance indemnities in the amount of UAH 4,554 mln. The share of the company on insurance premiums in the insurance market makes 0,02%.
IC “Opeca” has been working in the insurance market since 2003. It specializes on risk insurance.
Epicentr Group continues to invest in the development of all business areas and plans to complete the construction of five shopping and entertainment centers in different regions of Ukraine and a logistics complex in Khmelnytsky by the end of 2024.
“This year, we are planning to build five shopping and entertainment centers and a large logistics complex in Khmelnytsky. The timing of commissioning of these facilities will depend on a number of factors, but the company plans to complete their implementation by the end of 2024,” Epicenter K CEO Petro Mykhailyshyn said in an interview with Property Times.
According to him, the first stage of the complex in Khmelnytskyi will amount to 57 thousand square meters, and further expansion to 80 thousand square meters is planned.
According to Mr. Mykhailyshyn, Epicenter’s current retail projects include more than 1.5 million square meters of new retail space and the creation of more than 16 thousand jobs. The company’s future plans include the construction of new shopping malls in Lviv, Kyiv, Dnipro, Odesa, Zaporizhzhia and other cities, as well as the reform of outdated facilities.
In addition, the company intends to invest in other business areas, including energy. For example, Epicenter intends to purchase 1-6 MW gas-piston power plants to power its businesses and later shopping centers. As Mykhailyshyn told Forbes Ukraine, the total capacity of the gas generators will be about 100 MW, and the estimated investment in the project is estimated at UAH 2.2 billion.
The Epicenter Group is an omnichannel ecosystem that unites the Epicenter and Nova Liniya retail chains, the epicentrk.ua online store, the Epicenter-Agro agricultural holding, the Epicenter Ceramic Corporation ceramic tile production plants, the Osmoloda woodworking plant, and logistics facilities.
Before Russia’s full-scale invasion of Ukraine, the Epicenter chain included more than 80 shopping centers in all regions of the country. The war destroyed seven shopping centers in Mariupol, Nikopol, Bucha, Chernihiv, Kharkiv and Kherson (two). Another three sites (in Melitopol, Kramatorsk and Kharkiv) are out of operation due to the occupation of Ukrainian territories, shelling or proximity to the war zone. As of June 5, the group’s retail network comprised 71 stores under the Epicenter and Nova Liniya brands.
Despite the significant losses, the retailer continues to invest in the economy: in 2022-2023, the company invested over UAH 14.2 billion in various projects. In general, the Epicenter Group’s investment plan until 2030 envisages the development of projects in retail, manufacturing, agriculture, logistics, e-commerce, and energy for a total of approximately UAH 100 billion.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, the members of Epicenter K LLC are Oleksandr Gerega (51.3%), Halyna Gerega (47.97%), and Tetiana Surzhyk (0.73%).
The Pranas Gudinas Center for Restoration of Museum Valuables of the Lithuanian National Museum of Art will help restore 100 paintings by Maria Primachenko, the Ukrainian Ministry of Culture and Information Policy said.
“The center is the main training base for restorers of movable art treasures in Lithuania, particularly paintings and tapestries. Master classes, seminars and lectures related to the preservation and care of museum collections are held here,” the press service of the Ministry of Culture said in a statement following a visit to the Center by acting Minister of Culture and Information Policy Rostislav Karandeev.
The Center’s restorers have already examined and restored more than 50 paintings and 1,000 graphic works from Ukrainian museums, and another 600 works and at least two Ukrainian interns are expected in the near future.
“In addition, in the near future in this center will be restored 100 paintings by Maria Primachenko from the state part of the Museum Fund of Ukraine from the funds of the communal institution ‘Zaporizhzhya Regional Art Museum’ of the Zaporizhzhya Regional Council”, – stated in the message.
As of today, paintings from the Ukrainian Khanenko Museum are being restored, and Lithuanians are also restoring a Ukrainian carpet from Mariupol.
On Monday, June 10, it will be cloudy in Kyiv and Kyiv region, with clearings, short-term rains, thunderstorms, hail and squalls of 15-20 m/s are forecast.
According to the Ukrainian Weather Center, the temperature in the region will be 15-20° at night and 25-30° during the day; in Kyiv, 18-20° at night and 26-28° during the day.
Due to the expected hail and squalls in Kyiv and Kyiv region on Monday, the first level of danger (yellow) has been declared.
“Experts recommend avoiding being near large trees, billboards, power lines, and not parking vehicles near them during a thunderstorm. You should also tightly close the windows of houses, remove objects that could fall out from unglazed balconies and loggias,” the statement said.
hail, Hydrometeorological Center, KYIV, squalls, THUNDERSTORMS
