Business news from Ukraine

Business news from Ukraine

AB Stolichny asphalt concrete plant to pay shareholders more than UAH 20 million in dividends

Shareholders of PJSC AB Stolichny Asphalt Concrete Plant (Kyiv) have decided to pay dividends in the amount of UAH 21.5 million. According to the company’s disclosure in the information disclosure system of the National Securities and Stock Market Commission of Ukraine (NSSMC), dividends will be paid in full through the depository system from November 13 to December 30, 2025, inclusive. The dividend per share is UAH 0.3.

According to the company, its net profit in 2024 amounted to UAH 1.7 million, compared to UAH 32.2 million in the previous year. At the same time, the company’s revenue grew by 42.5% and reached UAH 403.4 million.

According to information in the Opendatabot system, in the first quarter of 2025, AB Stolichny received UAH 66.8 million in revenue and UAH 7.1 million in net losses.

The shareholders of AB Stolichny are TAS Asset Management LLC (77.3%) and Sergey Tigipko (22.6%), according to the company’s report in the NSSMC system.

AB Stolichny was established in 2004 on the basis of the Reinforced Concrete and Concrete Products Plant (until 1997, the Concrete Products Plant). It specializes in the production of asphalt concrete mix for construction and major repairs of roads, and also produces reinforced concrete structures for underground passages, collectors, and other engineering and communication facilities for road construction.

 

Insurance company VUSO collected nearly UAH 3 billion in net premiums in January-September 2025

In January-September 2025, VUSO (VUSO Kyiv) collected UAH 2.884 billion in net premiums, which is 43.2% more than in the same period of 2024. According to the company’s interim report posted on the NSSMC’s information disclosure system, gross premiums amounted to UAH 3.728 billion (+49.5%), and premiums ceded to reinsurance amounted to UAH 417.8 million, which is 47.7% more than in the first nine months of 2024.

During this period, the company paid out UAH 1.227 billion, which is 18.2% more than during the same period a year ago.

Gross profit for the reporting period amounted to UAH 1.532 billion (+73.5%), the cost of goods sold was UAH 124.8 million (+34.5%), and administrative expenses were UAH 203.6 million (+36.5%).

The financial result from operating activities of VUSO Insurance Company for nine months amounted to UAH 267.9 million (+45.8%), the financial result before taxation amounted to UAH 331.9 million (+59.5%), and net profit amounted to UAH 201.1 million, which is 2.14 times more than in the same period a year earlier.

VUSO Insurance Company was founded in 2001. It has 50 insurance licenses, 34 representative offices, two branches, and more than 20 agency sales centers throughout Ukraine, with over 700 professionals. It is a member of the Motor Transport Insurance Bureau of Ukraine, the National Association of Insurance Companies of Ukraine, and the Nuclear Insurance Pool.

According to the National Bank of Ukraine, VUSO Insurance Company is among the top 10 risk insurance companies in Ukraine in terms of premiums collected for the first six months of 2025.

 

Nadina Insurance Company significantly reduced payments to customers

Nadina PJSC (Kyiv) collected UAH 28.522 million in net premiums in January-September 2025, which is 19.9% less than in the same period of 2024. According to the company’s interim report posted on the NSSMC’s information disclosure system, gross premiums amounted to UAH 31.196 million (-37.5%), and premiums ceded to reinsurance amounted to UAH 1.566 million, which is 7.5 times less than in the first nine months of 2024.

During the period, the company paid out UAH 8.256 million, which is 22.8% less than during the same period a year ago.

Gross profit for the reporting period amounted to UAH 15.272 million (-24.7%), administrative expenses amounted to UAH 4.287 million (-2.9%).

The financial result from operating activities of Nadina Insurance Company for nine months amounted to UAH 14.273 million (-7%), net profit – UAH 295,861 (-27.8%), financial result before taxation – UAH 19.067 million (+6.8%), UAH 14.849 million (+10.9%).

As reported, Nadia Insurance Company was established in 2006.

Agroholding 2012 LLC (Khmelnytskyi region) owns 100% of the insurer.

Agroholding 2012 LLC was established in September 2015. Its beneficiaries through the Oferent venture fund are Galina and Alexander Geregi. The company’s sphere of activity is the cultivation of grains, legumes, and oilseeds.

 

FAO forecasts global wheat production to grow to 810 mln tons in 2025

According to the Food and Agriculture Organization of the United Nations (FAO) and the United States Department of Agriculture (USDA), global wheat production in 2025 is forecast to reach around 809.7 million tons, which is 1.3% higher than in 2024.

The growth is expected to be driven by increased yields in Canada, Kazakhstan, China, and India, while southern Europe and North Africa remain at risk of lower production due to drought.

“The outlook for the global wheat market remains generally positive, and global stocks at the end of the season will remain stable despite active exports from the Black Sea region,” the FAO Cereal Supply and Demand Brief notes in its October review.

Top 20 countries in the world by wheat production in 2025 (FAO and USDA estimates)

  1. China — 138 million tons
  2. India — 110 million tons
  3. Russia — 90–92 million tons
  4. United States — 51 million tons
  5. France — 34 million tons
  6. Pakistan — 30 million tons
  7. Canada — 29 million tons
  8. Germany — 23 million tons
  9. Turkey — 20 million tons
  10. Australia — 18 million tons
  11. Ukraine — 16–17 million tons
  12. Argentina — 15 million tons
  13. Poland — 13 million tons
  14. Kazakhstan — 12 million tons
  15. Iran — 12 million tons
  16. United Kingdom — 11 million tons
  17. Italy — 8 million tons
  18. Egypt — 7 million tons
  19. Romania — 7 million tons
  20. Spain — 6 million tons

These twenty countries produce more than 90% of the world’s wheat.

Despite overall growth in yields, global wheat stocks could decline by 1.6% to around 312 million tons by the end of 2025. This is due to increased domestic consumption in Asia and the Middle East, as well as active exports from Russia, Ukraine, and Australia.

Average global wheat prices remain volatile, but FAO analysts predict their relative stabilization while maintaining harvest and stock volumes.

Despite the war, Ukraine retains its status as one of the largest grain exporters. According to estimates by the Ministry of Agrarian Policy, in the 2024–2025 marketing year, the country exported about 15 million tons of wheat, supplying it to Egypt, Indonesia, Spain, Turkey, and Tunisia.

Ukraine ranks 11th–12th in the world in wheat production and is among the top five global exporters thanks to its high yields and logistics routes through the Danube and Baltic ports.

A detailed overview of the world’s major wheat producers from 1970 to 2024 can be found in the Experts Club analytical video: Watch on YouTube

Source: https://expertsclub.eu/fao-prognozuye-zrostannya-svitovogo-vyrobnycztva-pshenyczi-v-2025-roczi-do-810-mln-tonn/

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Analysis of global aluminum production – Experts Club video

The Experts Club analytical center has created a video analysis of global aluminum production in 1970-2024. Based on visual data from the video “Top 20 aluminum producers from 1970 to 2024” and confirmed statistical data for 2024, an overview of industry trends has been formulated.

Since the 1970s, primary aluminum production has gradually shifted from Europe and North America to Asia and the Middle East. At the dawn of the industry, Western Europe and the US accounted for a significant share of production. However, the following decades saw rapid capacity expansion in China, India, and the Middle East.

The video confirms that in 2024, the largest producer (China) controls about 60% of the world’s volume, while the top ten leaders account for more than 80% of production.

According to sources (Wikipedia, Visual Capitalist, NATO, World Population Review), aluminum production in the top ten countries in 2024 will look like this:

China — ~43 million tons.

India — ~4.2 million tons.

Russia — ~3.8 million tons.

Canada — ~3.3 million tons.

UAE — ~2.7 million tons.

Bahrain — ~1.6 million tons.

Australia — ~1.5 million tons.

Norway — ~1.3 million tons.

Brazil — ~1.1 million tons.

Malaysia — ~0.98 million tons.

Total global primary aluminum production in 2024 is estimated at approximately 72 million tons.

The world of aluminum production is becoming increasingly concentrated: China holds a dominant position, while other leading countries control a significant share. Countries with growing infrastructure, automotive, and construction sectors (India, Brazil, UAE) are showing dynamic growth.

The video is available on our YouTube channel –

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Ukrainian butter market is facing losses and decline in production

The situation on the Ukrainian butter market is deteriorating after active summer exports, company warehouses are filling up, domestic sales are becoming increasingly difficult, and exports are facing additional challenges, according to industry analytical agency Infagro.

“Currently, only those producers who are willing to significantly reduce prices can sell their products consistently. These are usually companies that lack working capital. However, the current price level is unprofitable for most producers operating in the butter segment, along with skimmed milk powder or casein,” analysts explained.

They pointed out that due to the rise in raw material prices, production is becoming less profitable: the purchase prices for milk required to break even remain unattainable for most companies.
At the same time, at the end of October, there was a noticeable decrease in the price of block butter, while manufacturers of packaged products are in a slightly better position, but competition in this market is intensifying.

To increase sales, companies are forced to offer promotional discounts, which negatively affects profitability.

“The situation with exports is also difficult. Some companies are lowering prices to stay in foreign markets, particularly in Moldova. Demand for Ukrainian butter in the Caucasus remains, but sales volumes there are limited,” experts noted.

According to their information, expectations of additional opportunities after the introduction of new duty-free quotas to the EU have not been met—demand from European traders is accompanied by lower price offers that do not cover production costs.

Due to the unprofitability of production, some factories have already reduced or temporarily suspended butter production. As a result, production volumes in October were lower than last year, which is the first such case in recent times, Infagro concluded.

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