Business news from Ukraine

Business news from Ukraine

Zaporizhstal increased rolled steel shipments by 3.8% in first quarter

The Zaporizhzhia Metallurgical Plant “Zaporizhstal” increased rolled steel shipments by 3.8% in January–March of this year compared to the same period last year—to 660,600 tons from 636,700 tons.

According to the company’s press release, steel production for the first three months amounted to 758,200 tons (748,400 tons in January–March 2025), and pig iron production to 819,300 tons (849,600 tons).

In March, Zaporizhstal produced 316,400 tons of pig iron and 298,200 tons of steel, and shipped 254,600 tons of rolled steel.

As reported, in 2025, Zaporizhstal increased rolled steel output by 15.2% compared to the previous year—to 2,794,600 tons from 2,426,700 tons. Steel production amounted to 3,212,200 tons (in 2024 – 2,890,800 tons), and pig iron production to 3,567,800 tons (3,106,300 tons).

In 2024, Zaporizhstal increased rolled steel output by 18.1% compared to 2023—to 2,426,700 tons from 2,054,700 tons, steel output by 17.2%, to 2,890,800 tons, and pig iron by 14.2%, to 3,106,300 tons.

In 2023, Zaporizhstal increased its rolled steel output by 57.2% compared to 2022—to 2,054,700 tons, steel by 65.4%—to 2,466,900 tons, and cast iron by 35.3%, to 2,718,900 tons.

Zaporizhstal is one of Ukraine’s largest industrial enterprises, whose products are in high demand among consumers both in the domestic market and in many countries around the world.

Zaporizhstal is a joint venture of the Metinvest Group, whose main shareholders are PJSC System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Central Bank of Montenegro is preparing to launch instant payments in accordance with SEPA standards

According to Serbian Economist, the Central Bank of Montenegro (CBCG) is preparing to implement an instant payment system in accordance with SEPA standards, which is expected to speed up transactions and bring the country’s financial infrastructure in line with pan-European regulations.

This involves the launch of instant payments that will allow transfers in euros to be made within seconds, 24 hours a day, seven days a week. The project is being implemented as part of Montenegro’s broader integration into the EU payment area.

The Central Bank notes that the introduction of SEPA Instant is aimed at improving the efficiency of the payment system, reducing transaction costs, and improving conditions for businesses and citizens, especially in cross-border payments.

In the long term, this should simplify financial transactions with the EU, enhance the country’s attractiveness to investors, and accelerate the development of digital financial services.

Montenegro, which uses the euro as its de facto currency, is actively adapting its financial infrastructure to European standards.

https://t.me/relocationrs/2553

 

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“Kyivmetall-Met” has scheduled shareholders’ meeting for April 29

According to Fixygen, Kyivmetall-Met JSC will hold a general meeting of shareholders on April 29, 2026, via remote participation. The agenda includes the approval of financial statements, financial results, and current corporate resolutions.

The company operates in the metal trading and rolled metal processing segment. It was founded in the 1990s. According to publicly available data, its ownership structure includes private investors associated with the metallurgical business. Control is concentrated among Ukrainian shareholders.

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Housing sales in Tbilisi surged sharply in early 2026

According to the Relocation.com.ua project, the residential real estate market in Tbilisi showed a noticeable acceleration in early 2026: according to a report by Galt & Taggart, 3,822 apartment transactions were registered in the Georgian capital in February alone, a 15% increase year-over-year. The average sales price in the primary market reached $1,398 per square meter, the average rental rate was $10.1 per square meter, and the rental yield is estimated at 8.6%.

In January-February, the total value of apartments sold in Tbilisi approached $600 million. At the same time, the market is receiving a signal of a potential shortage of new supply: in February, only 10 permits were issued for residential projects in the city, and the floor area of new projects approved for construction decreased by 45% year-over-year.

In the structure of February sales in Tbilisi, the primary market accounted for 1,958 transactions, while the secondary market accounted for 1,864. At the same time, the secondary segment grew faster, which may indicate buyers’ preference for purchasing ready-to-move-in housing rather than waiting for construction to be completed.

More recent publicly available statistics on real estate purchases by foreigners, broken down by nationality, in Georgia’s capital itself are limited. However, in the Batumi market, which Galt & Taggart also tracks, foreigners accounted for 52% of all apartment sales in 2025. Among foreign buyers, Israelis and Europeans each accounted for 13%, Ukrainians, Russians, and Belarusians each accounted for 11%, and citizens of Turkey and Central Asian countries each accounted for 3%.

https://relocation.com.ua/residential-sales-in-tbilisi-surged-sharply-in-early-2026/

 

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Prices for dairy products in Ukraine rose in March due to costs and exports

Prices for dairy products in Ukraine rose in March 2026 due to increased logistics costs, higher energy prices, and a surge in exports, according to the Association of Milk Producers (AMP).

The industry association noted that pasteurized milk with a fat content of up to 2.6% in film packaging rose in price by 0.99 UAH (+2.1%) over the month—to 48.86 UAH/kg, while the price in plastic bottles rose by 0.93 UAH (+1.4%) to 66.86 UAH/kg. The cheapest milk in the category remains the “Adalis” brand (41.99 UAH/kg), while the most expensive are ‘Yagotynske’ (57.77 UAH/kg) and “Galychyna” (72.73 UAH/kg).

Kefir with 2.5% fat content in film packaging costs an average of 58.52 UAH/kg, which is 1.62 UAH less than a month ago. Meanwhile, the price of the product in plastic bottles remained stable at 78.10 UAH/kg. Sour cream with 15% fat content in cups rose in price by 0.72 UAH to 190.59 UAH/kg, while drinking yogurt increased in price by 3.5% and costs an average of 124.35 UAH/kg. Sour milk cheese with 9% fat content rose in price by 1% to 292.31 UAH/kg.

Domestically produced butter (72.5–73%) rose in price by 2% to 585.51 UAH/kg. Analysts noted that imported President butter costs 960 UAH/kg, which is 64% more expensive than Ukrainian products.

“Ukrainian” cheese (50%) rose in price to 608.80 UAH/kg, and “Dutch” cheese (45%) to 610.05 UAH/kg (+3.3%). The most significant increase was recorded for “Maasdam” cheese, which rose in price by 6.6% to 768.37 UAH/kg. Meanwhile, imported equivalents of ‘Maasdam’ and “Gouda” from the Kroon brand cost 31% less than domestic products.

ABM analysts also attribute the rise in costs to the situation in the Persian Gulf, which caused a spike in prices for petroleum products and freight.

“Domestic sales of locally produced dairy products should be boosted by the government’s support for Draft Law No. 6068-d on countering unfair trade practices by retail chains and the implementation of protective measures against the significantly increasing imports of dairy products. We need to combat the gray import of dairy products into Ukraine. Food for humanitarian aid packages and other government purposes should be purchased exclusively from domestic producers,” the ABM emphasized.

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Nicotine vapes increase risk of lung and oral cancer, study finds

Nicotine e-cigarettes are likely carcinogenic to humans and may be linked to lung and oral cancers. This is the conclusion reached by the authors of a qualitative risk assessment published in the journal Carcinogenesis and based on an analysis of studies from 2017 to 2025.

The authors of the review emphasize that there is currently insufficient long-term population data on actual incidence rates, as vaping has emerged relatively recently. Therefore, the researchers relied on a body of other evidence—biomarkers of harm in humans, animal experiments, the chemical composition of aerosols, and mechanisms related to carcinogenesis.

The review states that changes considered to be precancerous markers have already been observed in vape users, including DNA damage, oxidative stress, inflammation, and epigenetic changes in the tissues of the respiratory tract and oral cavity. Additionally, in experiments on mice, exposure to e-cigarette aerosols was linked to the development of lung tumors.

The researchers specifically note that their conclusion pertains specifically to nicotine vapes and is phrased as “likely to be carcinogenic,” meaning probable carcinogenicity rather than a definitively quantified risk. The authors also write that it is currently impossible to accurately estimate the future burden of cancer cases associated with vaping.

The publication increases pressure on regulators and the market, as it calls into question the notion of vaping as a “safe alternative” to smoking. At the same time, some external experts urge caution in interpreting the findings, noting that vaping does not involve the combustion of tobacco and that longer-term human studies are still needed for definitive assessments.

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