Prices for construction and installation works in Ukraine increased by 6.3% in February 2025 compared to February 2024, the State Statistics Service (Ukrstat) reported.
According to the statistics agency, in February 2025 compared to February 2024, prices increased in all segments of construction: in residential construction, the growth was 6.8%, in non-residential construction – 6.6%, and in engineering – 5.9%. Compared to January of this year, prices increased by 0.4%, 0.5% and 0.6%, respectively.
In February 2025 to December 2024, prices for construction and installation work increased by 1.3%, while in the first two months of 2025, prices for construction work increased by 6.7% compared to the same period a year earlier.
As reported, in 2024, prices for construction and installation work increased by 7.9% compared to the previous year, and in 2023, they rose by 15.8% compared to 2022.
The State Statistics Service indicated that the figures are given without taking into account the temporarily occupied territories and part of the territories where hostilities are (were) conducted.
The shareholders of PrJSC Insurance Company Inter-Policy (Kyiv) plan to allocate 95%, or UAH 60 million, of the net profit received in 2024 to pay dividends.
This is stated in the draft decisions of the company’s shareholders’ meeting scheduled for April 28, 2025, published in the NSSMC information disclosure system.
In addition, according to the report, 5% of net profit is planned to be allocated to the company’s reserve capital.
The shareholders also plan to approve the amount of annual dividends per share and pay the above dividends within six months from the date of this decision.
As reported, Inter-Policy Insurance Company was founded in 1993. It has 20 licenses for voluntary and compulsory insurance, as well as branches and representative offices in all major regional centers of the country.
According to the National Securities and Stock Market Commission, as of the second quarter of 2024, JSC Ukrzaliznytsia owns 50.005% of the insurer’s shares, and six individuals own from 5% to 9.961%.
Ukrainian enterprises increased exports of ferrous scrap by 32.04% year-on-year in January-March this year, up to 80,888 thousand tons from 61,261 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, 39.908 thousand tons were exported in March (+57.8% compared to February), 25.284 thousand tons of scrap in February (+61% compared to January), and 15.696 thousand tons in January.
In monetary terms, scrap metal exports in January-March increased by 25.1% to $24.302 million from $19.431 million.
Scrap metal exports in the period under review were mainly to Poland (88.03% of supplies in monetary terms), Greece (6.95%) and Germany (2.51%).
During the first quarter, Ukraine imported 25 tons of scrap metal worth $8 thousand from Poland (85.71%) and the British Virgin Islands (14.29%).
As reported, on March 28, 2025, the Verkhovna Rada held a working meeting on providing Ukrainian steel producers with raw materials, which was attended by representatives of metallurgical enterprises, the government and MPs. At the meeting, Dmytro Kysylevskyi, Deputy Chairman of the Verkhovna Rada Committee on Economic Development, stated that Ukraine currently has a EUR180/ton duty on scrap metal exports, which applies to all countries except the EU. This duty will continue to apply to supplies to Turkey after the signing of the FTA.
The MP noted that another important topic was also discussed at the meeting, namely the circumvention of the current duty on scrap through transit by the EU.
According to the Deputy Chairman of the Verkhovna Rada Committee on Economic Development, last year almost 300 thousand tons of ferrous scrap were exported from Ukraine to the EU with zero duty. The lion’s share of these exports transited through Constanta and other ports to Turkey and other countries, avoiding the EUR180 per tonne duty, which is about UAH 2 billion in lost state budget revenues. Kysylevsky emphasized that if this scrap had gone to Ukrainian plants, it would have created more added value in production, more taxes, and the Armed Forces could have received more funds to finance Ukraine’s defense needs.
“Therefore, in view of this, Ukraine should start consultations with European partners on their ability to track the end user of raw materials, as well as on other more applied measures to ensure that this scarce raw material remains and is processed in the country (…) Ukraine should be as firm as possible in defending its own national interests,” the parliamentarian summarized.
As reported earlier, in 2024, Ukraine’s scrap collection companies increased exports of ferrous scrap by 60.7% compared to 2023, up to 293,190 thousand tons from 182,465 thousand tons. In monetary terms, the export of scrap metal increased by 73.2% to $91.311 million from $52.723 million over the year. Last year, scrap metal was exported mainly to Poland (81.80%), Greece (13.75%) and Germany (3.19%).
Last year, Ukraine imported 104 tons of scrap metal worth $110 thousand, mainly from Turkey (64.55% in monetary terms), the British Virgin Islands (16.36%) and Panama (8.18%), while the previous year the country imported 1,075 thousand tons worth $411 thousand.
US duties on goods from China have now reached 145%, CNBC reported on Thursday, citing an unnamed White House official.
The US presidential administration explained that the day before, the American leader had raised “retaliatory” duties on Beijing from 84% to 125%, but at the same time, he had introduced a 20% fee even earlier in response to the fact that Beijing, in Washington’s view, was not doing enough to stop the supply of fentanyl to the United States.
So far, US media have reported that US duties on Chinese products have reached 125% in total.
Last Wednesday, U.S. President Donald Trump said that Beijing wants to conclude a trade agreement with Washington, but does not know how to do it. When asked to comment on this statement by the American leader, Chinese Foreign Ministry spokesperson Lin Jian said that the United States has so far only imposed duties on Chinese products, and Beijing does not accept such behavior in any way. He noted that in order to start a dialogue, the United States needs to demonstrate respect and equal treatment of the other side.
In 2024, the manufacturer of agricultural machinery and special vehicles, Fregat Plant JSC (Pervomaisk, Mykolaiv region), increased its net income from sales by 34.6% compared to 2023, to UAH 188.6 million.
According to the company’s financial report published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its loss increased by 58% to UAH 60.4 million.
At the same time, the plant earned UAH 71.1 million in gross profit, up 44% year-on-year, and its operating profit increased 1.5 times to UAH 12.6 million.
As reported, in January-September 2024, the plant increased its loss by 5.4 times compared to the same period in 2023, to UAH 41.6 million, due to a 7.5-fold increase in expenses under “other expenses” to UAH 48 million, while net income increased by 42.4% to UAH 134.7 million.
Thus, in the fourth quarter of 2024, the plant reduced its loss by 38.4% compared to October-December 2023 to UAH 18.8 million, while net income increased by 18.4% to UAH 54 million.
Fregat specializes in the production of irrigation systems, road fencing, metal structures, as well as engineering products and special-purpose machinery.
The company exports road safety fences to Germany, the Netherlands, Poland, and the former CIS countries (except Russia and Belarus), where it also supplies agricultural machinery for crop production.
The main foreign customers are BBV Baustahl und Blechverarbeitungsgesellschaft mb, Scuer GmbH (Germany), Meerman Technisch Buro B.V. (Netherlands), and Agrorada (Poland).
As of the beginning of this year, the average number of employees was 260, and the average salary was UAH 12.4 thousand (44.2% more than in 2023).
In 2023, the plant, according to its financial report, reduced its loss by 4.2 times compared to 2022, to UAH 33.6 million, while net income decreased by 16% to UAH 140 million.
As of the third quarter of 2024, Fregat Engineering Limited (Cyprus) owns more than 96.25% of the authorized capital of Fregat Plant JSC, and the ultimate beneficiaries, according to opendatabot, are members of the Dementienko family from Dnipro.
In January-March 2025, Ukrzaliznytsia JSC (UZ) tripled the number of repaired locomotives and repaired 50% more electric trains than in the same period last year, the company’s press service reports.
“Ukrzaliznytsia has increased the volume of rolling stock repairs and component manufacturing. Due to this, in the first quarter of 2025, we record a positive trend in the volume of rolling stock repairs and production of major railway components,” the company’s press service posted on Facebook on Thursday.
In January-March 2025, 12 electric trains were repaired, which is 50% more than in the same period in 2024. The number of repaired locomotives during this period tripled to 29 units.
In addition, the number of repaired line equipment units (infrastructure elements located along the railways that ensure uninterrupted, safe and efficient operation of rolling stock – IF-U) increased by 70% (to 1173).
Ukrzaliznytsia reported that the production of sleepers in the first quarter doubled to 79 thousand units, the production of rail connectors and other components increased by 20%, and the production of reinforced concrete structures increased by 18%.
Earlier it was reported that in 2025 Ukrzaliznytsia will complete the creation of the Locomotive Company, which will centrally coordinate the existing locomotive depots. UZ has about 50 locomotive depots: repair depots that carry out major repairs and modernization of the locomotive fleet and operational depots that service locomotives between flights.
