Business news from Ukraine

Business news from Ukraine

Motor transport of Kharkivoblenergo is now insured in VUSO

On December, 23rd Kharkivoblenergo JSC announced about the intention to conclude with IC VUSO (Kiev) the contract for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO).

According to the message in the system of electronic public procurement Prozorro, the price offer of the company – the only participant of the tender corresponded to the expected cost of purchasing services of UAH 423.5 thousand.

IC “VUSO” was founded in 2001. It is a member of ITSBU and NASU, a participant of the Agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.

 

, , , ,

Nova Poshta set record by processing over 2.4 mln shipments in single day

Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, processed 2.41 million shipments in a single day on December 22, exceeding the previous record of 2.25 million set on December 23, 2024, by 7.1%, the company announced on Friday.

“This is a joint record for the company and our customers, in particular entrepreneurs whose goods we delivered and who, despite all the challenges and difficult conditions, continue to work and support our country’s economy,” said Volodymyr Poperechnyuk, co-owner of Nova Poshta, in a press release on Friday.

It is noted that in 2023, the record day was December 18, when the company processed 2.01 million parcels throughout Ukraine.

The company added that on peak days in December, more than 1,000 additional colleagues from the office were involved in processing parcels.

“Nova Poshta has a pre-New Year tradition when support office employees join the work in branches, at terminals, in fulfillment, as couriers, and as contact center operators,” the company said.

Nova Poshta previously reported that in the first half of 2025, it delivered 238 million parcels and cargoes, which is 7% more than in the same period in 2024, as well as 5.9 million international parcels.

As of October 6, the leader in express delivery in Ukraine had 44,983 service points, including 14,336 branches and 30,647 parcel terminals. In the first half of this year, the branch network grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.

Nova Poshta’s consolidated net profit for January-September 2025 increased by 35.1% compared to the same period last year, to UAH 2 billion 876.38 million, consolidated net income – by 21.7%, to UAH 45 billion 727.67 million.

The main activity of Nova Poshta is express delivery of documents, parcels, and palletized large-sized cargo.

, ,

Ukraine’s digital public administration recognized as one of most mature in world

Ukraine has joined the group of countries with the highest level of maturity of digital public administration according to the updated GovTech Maturity Index 2025 (GTMI) of the World Bank, according to the published report of the organization.

According to the report, GTMI 2025 covers 197 economies and divides them into four groups according to the level of GovTech development: A – Extensive, B – Significant, C – Medium and D – Low.

Ukraine is assigned to Group A, which includes 80 states demonstrating the most advanced solutions in the sphere of digital public services, basic information systems, open data and digital interaction with citizens.

The document notes that over the period from 2022 to 2025, the share of Group A countries has increased and the gap between leaders and outsiders of digital transformation of the public sector has widened. Europe and Central Asia as a whole remains one of the most mature regions in terms of GovTech.

Earlier, the researchers pointed out that Ukraine has significantly improved its performance in recent years and moved from Group B to Group A on the GovTech index, reflecting progress in the digitalization of public services, the introduction of electronic document management systems and the development of open data.

https://www.fixygen.ua/news/20251226/ukrayina-uviyshla-do-chisla-krayin-iz-naybilsh-rozvinenim-tsifrovim-derzhupravlinnyam.html

 

,

Prices for export corn from Ukraine continue to fall due to attacks on port infrastructure

This week, the Ukrainian market continued to see a gradual decline in feed corn prices on a FOB Black Sea basis, according to the information and analytical agency APK-Inform.

“Prices remained under pressure throughout the week due to slow sea export rates as a result of systematic attacks by the Russian Federation on Ukraine’s port and energy infrastructure, which led to shipment disruptions, which, in turn, restrained importers’ demand,” analysts said.

At the same time, they noted that corn remains the most active export crop for Ukraine, but this has not been able to offset the factors putting pressure on prices.

Indicative bid/ask prices for feed corn with delivery in December-January from Black Sea ports fell by 1-3 USD/ton in less than a week under the influence of these factors to 210-218 and 214-222 USD/ton, respectively, according to APK-Inform.

 

, , ,

ArcelorMittal Kryvyi Rih has launched autonomous heating system to save energy

The Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) has created an autonomous heating system for its coke production facility (CPF) to save energy and improve energy efficiency.

According to information from the primary organization of the Trade Union of Workers in the Metallurgical and Mining Industry of Ukraine (PO PMGU) AMKR on its website, energy specialists have completed a project to create an autonomous heating system at the CCF.

At the same time, with reference to the head of the KHV energy department, Alexander Melnikov, and the head of the steam supply section of the department, Dmitry Khvorostinin, it is specified that previously, heating water for the heating system at KHV was supplied from a neighboring metallurgical production facility. However, in order to use energy resources more rationally and prevent unjustified heat losses, KHV Director Nikolai Galushkin proposed introducing autonomous heating that would operate on the principle of complete self-sufficiency.

Almost everything needed to create an autonomous heating system was found at the enterprise. The largest component of the new system, a storage tank for heating water, had previously been used at the chemical plant.

The heat transfer medium supplied to the heating system was chemically purified water produced at the chemical plant, and it was decided to use low-pressure steam produced in-house to heat it. As a result, a closed-cycle system was created, which is as energy-efficient as possible. Appropriate metering devices were installed to control and regulate the pressure and temperature of the heat transfer fluid.

ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specializes in the production of long products, in particular, rebar and wire rod. The company has a full production cycle, with a production capacity of over 6 million tons of steel, more than 5 million tons of rolled products, and over 5.5 million tons of pig iron per year.

ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.

, , ,

China imposes sanctions on 20 US defense companies over Taiwan

The Chinese Foreign Ministry announced sanctions against 10 individuals and 20 US defense companies in response to the latest US arms deliveries to Taiwan. This was stated in a statement by the Chinese Foreign Ministry, released on Friday and quoted by Reuters.

The restrictions apply, in particular, to Boeing in St. Louis, as well as a number of other US defense contractors. The sanctions include freezing any assets of companies and individuals in China and prohibiting Chinese legal entities and individuals from doing business with them. In addition, executives on the sanctions list are barred from entering mainland China, as well as Hong Kong and Macau.

Beijing linked the decision to Washington’s approval of a large package of arms supplies to Taiwan worth more than $10 billion, including HIMARS multiple launch rocket systems, artillery, and other types of weapons to strengthen the island’s defenses.

The Chinese authorities have stated that they consider US arms supplies to be interference in the internal affairs of the PRC and a violation of the “one China” principle, promising to continue to take “decisive measures” in response to the arming of Taiwan.

The Experts Club think tank previously compared the military capabilities of China and Taiwan. For more details, see https://www.youtube.com/shorts/kFdxOOC4_Ss

, , , ,