The Ukrainian Steel Construction Center Association consistently advocates for the dissemination of information in the public sphere that complies with the principles of objectivity, fact-checking, and professional ethics.
Objective and balanced information promotes trust between market participants, reduces risks for businesses, and supports the development of the industry as a whole.
Recently, a number of media outlets have published articles about Kovlar Group LLC, a manufacturer of fire-resistant materials and a member of the Ukrainian Steel Construction Center Association. Given the public response, the Association considers it appropriate to emphasize the importance of careful fact-checking and adherence to professional standards when preparing such materials.
The dissemination of information without proper confirmation can damage the business reputation of companies and affect the stability of the industry’s participants.
The Association calls on journalists, the professional community, and the public to adhere to standards of journalistic ethics, verify sources, and rely on documented data.
The Ukrainian Steel Construction Center supports the development of fair competition and the stable functioning of industry participants as part of Ukraine’s economy.
Only a third of active companies in the country submitted their reports
Almost half a million financial reports for the past year were submitted by Ukrainian businesses on time. This is 30% of the 1,374,026 companies registered in the country as of the end of last year.
Every year, fewer and fewer companies submit their financial reports on time. This is probably due to the fact that at the beginning of the full-scale invasion, the obligation to submit reports was canceled. However, even the reinstatement of responsibility for this data has not improved the situation: 412,055 reports have been submitted so far, which is 4% less than last year.
“Financial reporting is not a formality, but the basis of transparent business. It allows partners, customers, and the business itself to see the real state of the company, its position in the market, and its potential for growth. It is the openness of data that builds trust and new opportunities for cooperation — and this is much more important than any penalties for failure to submit reports,” comments OpenDataBot CEO Alexey Ivanov.
As a reminder, from July 5, 2025, enterprises, institutions, and organizations will once again be required to submit state statistical and financial reports. Data for previous periods could be clarified until the beginning of October last year.
Revenue shows the company’s income from all types of activities and characterizes its place in the market, while net profit shows whether the business model is profitable.
To check any business in OpenDataBot, enter the name or code of the enterprise in the search bar at the top of the page and go to the company’s page.
https://opendatabot.ua/analytics/financial-reporting-2025
The US and Qatar are negotiating the possible purchase of Ukrainian interceptor drones designed to destroy Shahed-type strike UAVs, amid growing interest among allies in cheaper air defense systems, Reuters reports.
According to the agency, the talks concern, in particular, SkyFall’s P1-SUN interceptor. A company representative told Reuters that deliveries are only possible with the “green light” from the Ukrainian government and on condition that the export does not reduce Ukraine’s ability to defend itself.
Reuters notes that SkyFall’s production capacity allows it to produce up to 50,000 interceptors per month, and potential exports without harming Ukraine’s needs are estimated at 5,000-10,000 units.
The effectiveness of this class of air defense systems is confirmed by Ukrainian statistics: according to the Ukrainian military, in February, 70% of drones shot down in and around Kyiv were destroyed by interceptor drones.
The cost of interceptors is significantly lower than traditional air defense systems. Reuters reports that SkyFall sells the P1-SUN to the Ukrainian military for approximately $1,000 (depending on the configuration), while PAC-3 missiles for the Patriot system can cost up to $4 million per unit.
According to the results of a study conducted by Active Group and the Experts Club analytical center in February and presented at the Interfax-Ukraine press center, only 13.1% of respondents reported that they use the state drug reimbursement program, 70.6% do not use it, 16.3% had heard of it but did not use it.
“Low use of the program is often associated not with a lack of need, but with barriers to awareness and access,” said Experts Club founder Maxim Urakin.
“If people ‘have heard of it but have not used it,’ then the patient’s path to compensation remains difficult,” added Alexander Pozniy.
The survey was conducted on the SunFlowerSociology online panel on a representative sample on February 11-12, 2026.
The survey involved 1,000 respondents from a representative sample in all regions of Ukraine, except for the temporarily occupied territories.
ACTIVE GROUP, ALEXANDER POZNIY, EXPERTS CLUB, MAXIM URAKIN, MEDICINES, Reimbursement
Power Place LLC, co-founded by Gennady Butkevich, co-founder of ATB Corporation and BGV Group Management, won the auction for the sale of the former sorting center of Ukrposhta JSC near the Lviv railway station with a bid of UAH 2.85 billion, which is 50 times higher than the starting price.
According to data on the Prozorro.Prozori platform, Power Place’s closest competitors in the auction were Intech Energo LLC and Kyivpasservice JSC with bids of UAH 1.1 billion, as well as ITek Systems LLC, which offered UAH 1 billion.
The area of the sold building is 5,600 square meters. The starting price was UAH 56.8 million.
According to the YouControl analytical system, the owner of Power Place LLC (Kyiv) is listed as City Estate Management LLC (100%), with Gennady Butkevich as the ultimate beneficiary.
In the summer of 2025, Power Place gained control of Zhytomyr Investments LLC. Earlier in April, Butkevych’s BGV Development opened its first shopping center, Zhito, in Zhytomyr.
As reported, in February 2026, Ukrposhta JSC put up for sale 20 unused real estate properties with a total area of 32,800 square meters.
PrivatBank (Kyiv) and UNIQA Insurance Company (Kyiv) signed a directors’ and officers’ liability insurance agreement on February 27. According to the Prozorro electronic procurement system, the company’s price offer corresponded to the expected cost of UAH 33.857 million or $784,287 thousand. The term of service provision is February 14, 2027. According to the annex to the insurance agreement, the liability limit is USD 45 million.
UNIQA Insurance is part of the UNIQA Group (Austria), which entered the Ukrainian market in 2006. According to the National Bank of Ukraine, UNIQA Insurance ranks fifth among non-life insurers in Ukraine in terms of premiums collected for the first nine months of 2025.
PrivatBank is Ukraine’s largest state-owned bank. According to the National Bank, the financial institution’s net assets reached UAH 904.32 billion (22.5% of the total) as of January 1, 2026.
