In January-March 2024, the State Enterprise “Forests of Ukraine” increased its revenue from timber sales by 30.8% compared to the same period in 2023, up to UAH 5.1 billion, said the company’s CEO Yuriy Bolokhovets.
“Tax payments increased by more than UAH 850 million. Pre-tax profit increased to almost UAH 1 billion,” he wrote on Facebook.
Bolokhovets mentioned the blockade of the western borders as one of the negative factors that affected the company’s performance, which led to a rise in the cost of export logistics. This, in turn, affected both processors and foresters.
Among the positive factors, the CEO of Forests of Ukraine mentioned the closure of forestry processing shops, which were not cost-effective to maintain.
“The denationalization of the processing market has increased competition, transparency, and significantly reduced corruption risks,” Bolokhovets said, adding that the abandonment of forestry processing will have a more significant impact on the economic performance of the second and third quarters.
As reported, Ukraine launched a forestry reform in 2016. It has already introduced the sale of unprocessed timber at electronic auctions. Since 2021, an interactive map of wood processing facilities has been operating in a test mode in a number of regions.
The industry has implemented the Forest in a Smartphone project, which contains a list of logging tickets for timber harvesting and allows you to check the legality of logging on the agency’s online map.
On June 1, 2023, Ukraine launched a pilot for the electronic issuance of logging tickets and certificates of origin of timber. In addition, the State Enterprise “Forests of Ukraine” has launched a pilot project to procure timber harvesting services through the electronic platform Prozorro.
Metinvest Group’s Kametstal plant, which was set up at the facilities of Dnipro Metallurgical Plant (DMK, Kamianske, Dnipro Oblast), produced the first 2,957 railcar axles in March 2024 to meet the orders of Ukrainian railcar manufacturers.
According to a press release, Kametstal’s axle rolling mill continues to operate under martial law and fulfill operational tasks to produce axles for domestic customers. Last year, more than 3,500 tons of railcar axles were produced and shipped.
Long-term plans to increase production volumes using this unique equipment were disrupted in 2022 due to the full-scale Russian invasion. Now the plant’s specialists are using alternative sources of steel billets for axle production, which used to come from Azovstal.
At the end of March, the rollers completed the first stage of the program to produce axles for customers. They produced more than 1,600 tons of these products for the construction of domestic railcars and gondola cars for Ukrainian railways. These cost-effective products are important for the efficient operation of the enterprise and are also necessary for the renewal of the Ukrainian railway fleet.
“Kametstal’s axle rolling mill is the only mill in the world that produces axles using the cross-helical rolling method. In pre-war times, Kametstal’s axles were supplied to customers from Ukraine, Europe and North America,” the press release states.
“KAMETSTAL was established on the basis of Dnipro Coke and Chemical Plant (DKKhZ) and Centralized Steel Mill of Dnipro Metallurgical Plant (DMK).
According to the 2020 report of Metinvest Group’s parent company, Metinvest B.V. (Netherlands) owned 100% of the shares in DCCP.
Import of goods to Ukraine in January 2024
Source: Open4Business.com.ua and experts.news
Ukraine has resumed container transportation through the Black Sea: a ship with containers entered one of the ports of Greater Odesa, Chornomorsk, on April 3, the Odesa-based Dumskaya newspaper reported.
According to the report, the pioneering vessel was the T Mare, which flies the Panamanian flag. It is not classified as a container ship, but a vessel for the transportation of general cargo.
The publication noted that this is not yet a full-fledged specialized vessel, but a so-called feeder, which will be loaded with containers and then sent to a foreign hub for further transshipment to ocean container ships of global container lines.
According to MarineTraffic, a provider of ship tracking and maritime analytics, the vessel left Chornomorsk for the Romanian port of Constanta.
The T MARE is a containerized cargo vessel flying the Panamanian flag. Its total length (LOA) is 105 meters and width is 17 meters.
As reported, in March, the Ministry of Community Development, Territories and Infrastructure announced that in early April, Odesa ports would receive the first container ship since the beginning of the war.
JSC “Ukrzaliznytsia” (UZ) together with UNICEF plans to implement the project of “family cars” on domestic passenger transportation, said the pre-management of UZ Yevhen Lyashchenko at a briefing.
“Family cars” will be at least on three domestic routes, it is six cars. Perhaps, there will be more such cars,” Lyashchenko said.
According to him, the project will be implemented by the end of the year.
The head of UZ also specified that the concept of the project was developed by UNICEF, which will finance the re-equipment of cars.
The volume of completed construction works in Ukraine in 2023 increased by 41.5% compared to 2022 – up to 162.7 billion UAH, according to the data of the State Statistics Service (Gosstat).
According to the statistics department, the volume of construction work in residential construction by the end of 2023 increased by 11.1% compared to the previous year, to 22.3 billion UAH; in non-residential – increased by 38.1%, to 41.5 billion UAH; in engineering – by 52.6%, to 98.8 billion UAH.
In December-2023, the volume of construction work exceeded the figure of December-2022 by 35.1%, and the previous month – by 85.8%, notes the State Statistics Service.
As reported by the State Statistics Office, in January-December 2023 to the same period of 2022, the reduction in construction was observed in the segment of housing – by 4.6%. At the same time, non-residential and engineering construction recorded an increase in volumes – by 20% and 32.9%, respectively.
According to the seasonally adjusted data of the department, the indices of construction products in December-2023 in residential construction amounted to 49.4%, in non-residential – 88.3%, in engineering – 112.7%, and taking into account the effect of calendar days, the indicators are 71.5%, 188% and 273% respectively.
The share of new construction to the total volume of completed construction works amounted to 36.3%, repair – 42.9%, reconstruction and technical re-equipment – 20.8%.
The State Statistics Service notes that the publication of data was postponed due to martial law. Statdata are given without taking into account the temporarily occupied territories and part of the territories where hostilities are (were) conducted.
As reported, the volume of completed construction works in Ukraine in 2022 decreased by 2.2 times compared to 2021 – to 113.8 billion UAH.
