Zaporizhzhya Heavy Crane Building Plant (Zaporizhzhya Heavy Cranes), part of Finnish company Konecranes, ended 2024 with a loss of UAH 17.04 million, which is 5.7 times less than in 2023.
“The company’s net loss for the year decreased to UAH 17,044 thousand (2023 – UAH 97,192 thousand), which the company’s management intends to cover after the end of martial law and the full resumption of the company’s operations,” the financial report published on the company’s website says.
The uncovered loss of Zaporizhkrán JSC as of the beginning of this year amounted to UAH 178.1 million.
The company incurred a loss of UAH 1.24 million from operating activities (in 2023 – UAH 75.8 million), while gross profit increased by 67% to UAH 76.04 million.
According to the report, Zaporizhkrans net income grew by 17% to UAH 190.5 million.
Current liabilities for the past year decreased by 11% to UAH 466.4 million, while long-term liabilities increased by 40.6% to UAH 7.4 million.
Zaporizhkrans was founded in 1928. Since 2005, its main shareholder has been Konecranes, a leading global manufacturer of cranes and lifting equipment based in Finland. The parent company is Zaporizhzhya Crane Holding.
The average number of employees at the plant in 2024 was 298 (8 fewer than a year earlier).
The company specializes in the production of bridge, gantry, and special-purpose cranes and components for them, as well as metal structures. Over 95% of its products are exported.
“The company has adapted its business processes to the conditions of martial law and continues to operate in the territory controlled by Ukraine, with its assets located at a relatively safe distance from areas of active combat operations,” the report said.
As reported, in 2023, Zaporizhkrán reduced its losses by 20% compared to the previous year, to UAH 97.2 million, with a 47.3% decrease in revenue, to UAH 162.55 million.
The housing price index in Ukraine for January-March 2025 was 111.2%, while for the same period in 2024, the figure was 116%, according to the State Statistics Service (Gosstat). According to its data, in the primary market, housing prices slowed to 14.8% in the first quarter of 2025, compared to 17.6% in the first quarter of last year. Two-room apartments rose the most in price, by 15.1%. Prices for one-room and three-room apartments rose by 14.4%.
In the secondary market, prices slowed to 9.3% in January-March 2025, compared to 15.3% in the same period of 2024. Thus, prices for one-room apartments rose by 9%, two-room apartments by 9.7%, and three-room apartments by 9.4%.
According to the statistics agency, compared to the previous quarter, housing prices rose by 3.9%, with a 4.3% increase in the primary market and a 3.6% increase in the secondary market.
According to the State Statistics Service, in the first quarter of 2025, prices in the primary market rose by 4.4% for one-room apartments compared to the fourth quarter of 2024, and by 4.2% for two-room and three-room apartments. In the secondary market, prices rose by 3.7%, 3.5%, and 3.7%, respectively.
As reported, according to the State Statistics Service, housing prices rose by 12.7% in 2024.
The State Statistics Service noted that the figures do not include temporarily occupied territories and parts of territories where hostilities are (were) ongoing.
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
