Weather in Ukraine on Christmas Day, December 25, is expected without precipitation, the wind is predominantly north-western, 5-10 m / s, reports Ukrhydrometcenter. The temperature at night 7-12° frost, in the daytime 1-6° frost; in Transcarpathia and Crimea at night 0-5° frost, in the afternoon from 1° frost to 4° heat. In Kiev on Thursday, December 25, also without precipitation, wind north-west, 5-10 m/s. The temperature at night 8-10° frost, during the day 2-4° frost.
According to the Central Geophysical Observatory named after Boris Sreznevsky. Borys Sreznevsky, for the entire time of meteorological research on December 25 in Kiev, the highest temperature was 8.2° of heat in 2014, the lowest 21.0° of frost in 1969.
On Friday, December 26, at night in the northern, Kharkiv, Poltava, Cherkassy regions, in the afternoon throughout Ukraine, except for the extreme west, snow, snowstorm, icy roads are expected.
Northwest wind, 7-12 m/s, at night in the northern regions, in the afternoon in Ukraine gusts of 15-20 m/s. The temperature at night is 3-8° frost, up to 12° frost in the Carpathians and the Carpathian region; during the day from 3° frost to 2° warm, in the east of the country 1-6° frost. In Kiev on December 26, snow, snowstorms in the afternoon, icy roads. The wind is northwesterly, 7-12 m/s, with gusts of 15-20 m/s. The temperature at night 4-6° of frost, during the day about 0°.
Land tax revenues to local budgets in January-November 2025 amounted to UAH 41.4 billion, which is 15% more than in the same period last year, according to the State Tax Service (STS).
According to the report, the leaders in land payments in regional terms were Dnipropetrovsk region (UAH 7.3 billion in taxes paid), Kyiv (UAH 5.9 billion), Odesa region (UAH 3.7 billion), and Lviv region (UAH 2.9 billion).
The STS reminded that every taxpayer has the right to check the correctness of land tax calculations and, if necessary, clarify their data. To do this, they must apply to the tax authority in writing or electronically, in particular to clarify the size of the area and the number of land plots or shares owned or used, as well as the availability of land tax exemptions.
The relevant application can be submitted either at the place of registration of the taxpayer or at the location of one of the land plots.
If, during the verification, there are discrepancies between the tax authority’s data and the taxpayer’s documents (ownership, use, exemptions, etc.) or if the land tax rate has changed, the State Tax Service will recalculate the tax within 10 working days, generate a new tax notice-decision with a detailed calculation, and send it to the taxpayer. In this case, the previous notice-decision is considered canceled (revoked).
The State Tax Service suggests checking the information about the accrued land tax in the electronic office.
The availability of surplus raw milk and unsold exchange goods is putting pressure on purchase prices in Ukraine and worldwide. The situation on the market is likely to stabilize at the end of the third quarter of 2026 as the excess supply of dairy products disappears from the market, according to the Association of Milk Producers (AMP).
The industry association noted that the average purchase price of extra-grade milk as of December 20, 2025, was UAH 15.30/kg excluding VAT, which is UAH 1.00 less than in the previous month, while the price of higher-grade milk was UAH 15.20/kg excluding VAT (-90 kopecks), and first grade milk was UAH 14.80/kg excluding VAT (-UAH 1.10). The weighted average price for the three grades was UAH 15.20/kg excluding VAT, which is UAH 1.05 less than in the previous month.
“The decline in purchase prices in Ukraine continues under pressure from excess raw milk supplies. In November, Ukraine produced 35,000 tons more raw milk than last year. These volumes were supposed to be exported as finished products. However, the crisis continues in export markets, and the supply of dairy products exceeds demand,” said AVM analyst Georgy Kukhaleishvili.
According to his data, Ukrainians consume an average of 200 kg of milk per year. However, due to the reduction in the number of consumers in the country as a result of forced migration due to the war, there is a significant surplus of raw materials on the market.
According to the AVM, another decline in purchase prices is expected from January 1, 2026, due to the surplus of raw milk that will form at enterprises during the New Year holidays, when there is traditionally a lull in market activity. Despite the decline in the price of raw milk, the production of butter and dry collected milk remains unprofitable.
Milk is becoming cheaper not only in Ukraine but also in other dairy regions, including the US and European countries.
“Stabilization in both the market for finished dairy products and raw milk is expected in the second half of 2026,” the AVM predicts.
The National Bank of Ukraine (NBU) has applied to PJSC IC Respect (Odessa) a penalty measure in the form of a fine totaling UAH 2.880 mln for submitting reports to the regulator in violation of the deadlines.
Such decision was made by the Committee on Supervision and Regulation of Non-banking Financial Services Markets on December 22, 2025, based on the results of a scheduled inspection, which was carried out by the Inspection Department of the National Bank.
Thus, a fine in the amount of UAH 2.4 million was imposed for violation of the requirements of the Rules of compiling and submitting reports by participants of the non-banking financial services market to the National Bank of Ukraine. A fine in the amount of UAH 480 thousand has been imposed for violation of the requirements of the Regulation on authorization of financial service providers and conditions of their activities on provision of financial services.
Private JSC “IC ”Respect” is obliged to pay the fine within a month from the date of entry into force of this decision.
As it was informed, IC Respect has been working in the market of Ukraine since March, 1995. The main portfolio of risks of the company is connected with the transport sector.
In January-September 2025 the company has collected UAH 67,672 mln of net premiums that is 68% more than in the same period of 2024.
The company paid UAH 11.967 mln during the mentioned period, which is 4.3 times more than in the same period a year ago. At the same time, administrative expenses amounted to UAH 313 thousand, which is 2.2 times more than in January-September 2024.
The financial result from operating activity of IC “Respect” for nine months has amounted to UAH 5,538 mln (less in 3,8 times), net profit – UAH 8,601 mln (less in 2,7 times).
According to the data of the NCSSM as of the first quarter of 2025, LLC “AMC ”Yug-Invest“ (Mutual closed non-diversified venture investment fund ‘Industrial’) owned 67,935% of the shares of the insurer, LLC ”Lyubimiy Gorod“ – 9,646%, LLC ”Bereg building service 2017″ – 9,242%.
The Concorde Capital investment group plans to launch 18.4 MW of gas piston generation in early 2026, which is currently under construction, according to founder and owner Igor Mazepa.
“Our energy project, Encraft, is a network of distributed generation facilities and energy storage systems. We act as an investor, structure financing, attract partners, and are responsible for the subsequent sale of the business,” he wrote on his Facebook page after meeting with members of the CEO Club.
In addition, according to Mazepa, by the end of 2026, the group plans to introduce 40 MW/160 MWh* of energy storage systems in various regions of Ukraine.
“The context is well understood by everyone: generation shortages, volatile prices, and demand for flexible capacity. According to our estimates, these conditions will remain in place until at least 2029,” he said.
The founder of Concorde Capital emphasized that the group is open to co-investing in the project.
“Energy today is not an abstract ‘idea’ but a concrete investment logic backed by a team of strong professionals and real numbers,” he believes.
As reported with reference to Mazepa, Concorde Capital planned to invest EUR120 million in energy projects by the end of 2025 and expected to be able to build an energy company worth more than $1 billion in “a couple of years.”
In early 2025, Mazepa, with the help of four unnamed partners, acquired a 50 MW energy storage system for EUR 32 million and planned to contract equipment for a gas power plant worth EUR 30 million to create a single energy complex.
Copper prices on Tuesday for the first time exceeded the mark of $ 12 thousand per ton.
Quotes of three-month futures for copper on the London Metal Exchange (LME) by 13:44 Q1 rose by 1% to $ 12,059 per ton.
Since the beginning of the year, the metal has risen in price by about 37%. If the same dynamics will be shown at the end of the year, it will be the strongest rise since 2009.
Quotes are supported by serious problems at some deposits and changes in trade flows due to the tariff policy of U.S. President Donald Trump.
The possibility of Trump’s introduction of duties on copper is one of the main factors in the growth of prices for this metal. The states have significantly increased its imports, forcing production companies from other countries into a highly competitive battle for the metal.
Outages at major mines in Chile and Peru and delays in Indonesia have reduced production by 8-12%, and the slow pace of new project development is limiting the global supply of concentrate.
In addition, Chinese smelters have agreed to the lowest-ever zero treatment and refining tariffs for 2026, which only emphasizes supply constraints and gives miners an additional bargaining advantage.
Meanwhile, demand in the electric vehicle, data center and power grid segments remains strong, with Goldman Sachs forecasting more than 60% growth in copper demand between now and 2030, Trading Economics wrote.
Earlier, the Experts Club information and analytical center released a video on global copper production and leading producing countries – https://youtube.com/shorts/_h8iU50z8C0?si=a-XkgGEfeUxseQNa.
