Starting in November 2025, Uzbekistan will launch the Heritage Hotels of Uzbekistan program, which will allow businesspeople to take long-term leases on cultural heritage sites. They will restore the buildings and create boutique hotels in them.
The transfer of sites is planned under a public-private partnership. Restoration will be carried out using public and private funds.
It is noted that the state will help promote boutique hotels and create a number of benefits for program participants. In particular, they will receive preferences on income, land, and property taxes, as well as customs duties.
According to the document, some facilities will be open at night, with new 24-hour tourist streets featuring entertainment and service establishments. To this end, the Cabinet of Ministers will prepare a project for the development of territories to stimulate the “night” economy.
According to the investment platform Inventure.com.ua, an interesting investment opportunity has entered the market: a mountain recreation complex near the popular tourist centers Slavsko and GORA in Lviv region is for sale for $980,000.
The complex was built in 2023 and includes:
According to Inventure estimates, the gross income of the facility is $166,000 per year, with operating costs at 30-35%.
In January-August of this year, the Zaporizhstal steel plant in Zaporizhia increased its rolled steel output by 11.9% compared to the same period last year, from 1 million 644.4 thousand tons to 1 million 839.3 thousand tons.
According to the plant’s press release on Wednesday, steel production for the period amounted to 2 million 105.5 thousand tons (in January-August 2024 – 1 million 973.7 thousand tons), and 2 million 339.2 thousand tons of pig iron (2.049 million tons).
In August, Zaporizhstal produced 310.8 thousand tons of pig iron, 277.3 thousand tons of steel, shipped 245.9 thousand tons of rolled products, compared to 309 thousand tons of pig iron, 264 thousand tons of steel, and 231.2 thousand tons of rolled products in the previous month.
As reported, in 2024, Zaporizhstal increased its rolled steel output by 18.1% compared to 2023, to 2 million 426.7 thousand tons from 2 million 54.7 thousand tons, and steel output by 17.2%, to 2 million 890.8 thousand tons, and pig iron by 14.2%, to 3 million 106.3 thousand tons.
In 2023, Zaporizhstal increased its rolled steel production by 57.2% compared to 2022, to 2 million 54.7 thousand tons, steel by 65.4%, to 2 million 466.9 thousand tons, and pig iron by 35.3%, to 2 million 718.9 thousand 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 System Capital Management (71.24%) and Smart Steel Limited (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
JSC “Dnipropetrovsk Aggregate Plant” (DAP, Dnipro) ended the first half of this year with a net profit of UAH 44.76 million, which is 18.1% more than in the same period of 2024.
According to the company’s financial report published on its website, net income increased by 59.6% to UAH 256.35 million.
The plant received UAH 60.31 million in operating profit (up 14.4%), and gross profit increased by 12.8% to UAH 92.69 million.
DAZ also published its financial report for the first quarter of this year, according to which net profit increased by 20% in January-March 2024, with net income growing by 41% to UAH 96.48 million.
Thus, in the second quarter of 2025, DAZ increased its net profit by 17.1% compared to April-June 2024, to UAH 29.22 million, and net income by 73.5%, to UAH 159.87 million.
DAZ notes that the main buyers of its products in the first half of the year were PP Lyon and NVO Aviagregat.
“Due to the difficult situation in connection with Russia’s occupation of territories, the company continued to experience a decline in the production of mining equipment during the reporting period (almost three times compared to the same period in 2024). However, the production of special-purpose products continued to increase, which made it possible to maintain positions and obtain a net profit,” the plant’s interim management report says.
DAZ is a company with many years of experience in the production of aviation equipment, as well as hydraulic equipment for mines and general-purpose products (fuel and other liquid pumps).
According to the company, in 2024, it reduced its net profit by 38.4% compared to 2023, to UAH 70.05 million, while its revenue fell by 20.8%, to UAH 277.5 million.
As reported, by decision of the shareholders, the net profit received in 2023 and 2024 will be directed towards the development of production.
Serhiy Mykolaychuk said in an interview with Interfax-Ukraine that the NBU’s monetary policy remains moderately tight and effective. According to him, despite business criticism, the interest rate transmission is effective – stimulating hryvnia deposits and strengthening lending in the national currency.
He added that the interest rate of 15.5% is balanced and contributes to curbing inflation, generating yields on ISI and OVDP and preserving the stability of the foreign exchange market.
The National Bank continues to prepare for the gradual liberalization of the currency market, but such steps will be as cautious and consistent as possible. This was stated by First Deputy Head of the NBU Serhiy
Mykolaychuk in an interview with the Interfax-Ukraine news agency.
He stressed that no sudden moves should be expected: “Our goal is to maintain confidence in the hryvnia and prevent destabilization. Liberalization will depend on macroeconomic conditions and the stability of the balance of payments.”
