According to Serbian Economist, Denmark’s Penning has acquired the wealth management business from the Lithuanian crypto investment platform Veli, which was founded by a Serbian team. The deal specifically concerns the wealth management division, not the entire Veli company.
Veli’s European clients are scheduled to be migrated to the new Penning Wealth platform by the end of June 2026. Penning positions the deal as a step toward creating a MiCA-compliant platform for long-term investors in digital assets.
Veli is a crypto investment platform for long-term investors and financial advisors. The company was founded by a Serbian team with experience in institutional business, crypto investments, and portfolio management.
Penning is a Danish crypto service provider and one of the first players in Denmark to obtain a license under MiCA regulations. Following the deal, Veli will operate as a separate wealth management division of Penning.
In June, Kyiv’s theaters will present several premieres and new stage adaptations—ranging from classics of Ukrainian drama to children’s theater, contemporary drama, and musical productions. Our selection includes events from the “TyKyiv” Instagram channel, as well as premieres by the National Operetta of Ukraine.
“TyKyiv” Instagram channel: https://www.instagram.com/tykyiv/
“Oh, Don’t Go, Hrytsiu…”
The Lesia Ukrainka National Academic Drama Theater will present a new interpretation of Mykhailo Starytsky’s play “Oh, Don’t Go, Hrytsiu, to the Evening Gathering.”
In this production, the story of love and betrayal is transposed into a modern urban setting. As noted in the announcement, here “feelings quickly become weapons, and the struggle for attention and significance often outweighs the truth.”
Where: Lesya Ukrainka National Drama Theater, 5 Bohdan Khmelnytsky St.
When: June 8 at 7:00 p.m., June 9 at 7:00 p.m.
“Winnie-the-Pooh”
The Kyiv Municipal Puppet Theater on the left bank of the Dnipro will present a puppet version of the adventures of Winnie-the-Pooh. The performance is based on the children’s stories by English author A. A. Milne.
The story centers on the teddy bear Winnie the Pooh and his toy friends. The director of the production is Gleb Gyutin.
Where: Kyiv Municipal Puppet Theater on the left bank of the Dnipro, 1 Myropilska St.
When: June 13 at 11:00 a.m., June 28 at 11:00 a.m.
“The Rabbit Hole”
The Wild Theater presents a production based on the play “The Rabbit Hole” by American playwright David Lindsay-Abaire. It is a story about a difficult loss and the search for a way to cope with personal tragedy.
At the center of the plot is a married couple whose four-year-old son died in a car accident. The characters grieve the loss in different ways: some do so openly, while others keep their feelings hidden inside.
Where: Stage 6 of the Dovzhenko Center, 1 Vasylkivska St.
When: June 26 at 6:30 p.m., June 27 at 6:00 p.m.
“Tiger Hunters”
Kyiv’s “Golden Gate” Theater presents a new adaptation of Ivan Bagryany’s adventure novel “Tiger Hunters.”
The story follows aviation engineer and political prisoner Hryhorii Mnohohrishnyi. In the 1930s, he escapes from a “death train” and ends up in the Far East, where he finds a family of Ukrainian settlers.
Where: Kyiv’s “Golden Gate” Theater, 7A Shovkovychna St.
When: June 27 at 6:00 PM, June 28 at 6:00 PM.
Premieres at the National Operetta of Ukraine
In June, the National Operetta of Ukraine will also present several notable productions as part of its 91st theater season.
“KING LIR! VERSION”
In early June, the Frank Theatre will present a new stage adaptation of Shakespeare’s “King Lear,” translated by Yuri Andrukhovych.
This is the story of the legendary ruler of Britain, who at the end of his reign decides to relinquish power and divide the kingdom among his three daughters. But the king’s personal choice sets off a drama about power, family, responsibility, and the price of mistakes.
The theater emphasizes: “King Lear” is not only a Shakespearean classic but also a play about timeless questions that remain relevant for people and society today.
Where: Ivan Franko National Drama Theater,
3 Ivan Franko Square
When:
June 5 — 6:00 PM
June 6 — 3:00 PM
June 11 — 6:00 PM
“Insects”
On June 19 and 20, the National Operetta of Ukraine will present the premiere of Igor Nebesny’s phantasmagorical musical “Insects.”
The production will take place on the theater’s main stage. The performance is intended for audiences aged 12 and older.
Where: National Operetta of Ukraine, 53/3 Velyka Vasylkivska St.
When: June 19 at 6:00 PM, June 20 at 5:00 PM.
“Tiger Hunters” at the National Operetta
In addition to the “Golden Gate” Theater, the National Operetta of Ukraine will also adapt Ivan Bagryany’s novel in June. On June 28, the theater’s main stage will host the musical “Tiger Hunters” by Kirill Beskrovny, Anatoly Gumanuk, and Bogdan Reshetilov.
The production is based on Ivan Bagryany’s novel of the same name and combines the literary source material with a musical-theatrical format.
Where: National Operetta of Ukraine, 53/3 Velyka Vasylkivska St.
When: June 28 at 5:00 p.m.
Thus, Kyiv’s June theater program combines classics, contemporary drama, children’s theater, and musical productions. For audiences, this is an opportunity to see both new interpretations of well-known works and premieres on the capital’s major stages.
For more information about events in Kyiv, visit the “YouKyiv” Instagram page: https://www.instagram.com/p/DZKSi7Kjblv/?img_index=2
In January-March of this year, United Mining and Chemical Company (UMCC Titanium) doubled its net loss compared to the same period last year—to UAH 411.235 million from UAH 203.236 million
According to the company’s interim report, which is available to the agency “Interfax-Ukraine,” revenue from ordinary activities for this period rose to UAH 331.342 million from UAH 239.604 million in the first quarter of 2025.
The uncovered loss as of the end of March amounted to 3,181.364 million UAH.
According to the annual report, the company incurred a net loss of 2,118.156 million UAH in 2025, whereas in 2024 it reported a profit of 17.009 million UAH, with revenue from ordinary activities amounting to UAH 1,510,751 million (in 2024 – UAH 2,851,180 million).
The report notes that forced production stoppages at the beginning and end of last year led to increased expenses and an additional working capital deficit. In addition, market prices for electricity rose by 20–30% compared to 2024, which directly contributed to an increase in the cost of production. Repairs and maintenance of machinery and equipment, which had been postponed in 2024–2025 and were necessary to ensure sufficient volumes of stripping and beneficiation work, were carried out late due to a shortage of working capital.
In 2025, the Vilnohirsk Mining and Metallurgical Plant (VGMK) produced 4,456 thousand tons of zirconium concentrate, 8,477 thousand tons of rutile concentrate, and 22,836 thousand tons of ilmenite concentrate. At the IZG, ilmenite concentrate production amounted to 55,575 thousand tons.
Energy resources accounted for the largest share of the cost of goods produced by the VGMK branch in 2025—627.897 million UAH (56%), of which expenses for fuel and lubricants during the reporting period amounted to 53.961 million UAH. The branch’s total electricity consumption amounted to 81.349 million kWh. Labor costs with deductions accounted for a significant share—35%—and depreciation of fixed assets—6%. Other expenses—taxes to the state and local budgets and services provided by third-party organizations—accounted for 3% in the reporting period.
Actual expenses for the maintenance of fixed assets for 2025, taking into account the high degree of wear and tear on production equipment and the need to keep it in working order, amount to UAH 142.711 million, including UAH 14.121 million allocated for repairs, and UAH 107.863 million for the commissioning and maintenance of equipment at the plant’s divisions.
In 2025, the VGMK branch utilized capital investments totaling UAH 155.811 million from its own funds, of which UAH 1.121 million was allocated for the purchase of fixed assets.
During the reporting period, the Irshansk Mining and Processing Plant was supplied with energy resources in sufficient quantities; natural gas consumption amounted to 1,442.64 thousand cubic meters, and electricity consumption to 26,656.3 thousand kWh.
The Irshansk Mining and Processing Plant (IGZK) fulfilled 48% of its commercial production plan. Savings on production costs amount to UAH 533.089 million; other expenses account for the lion’s share of the production cost of the IGMK branch’s output—28%. The program of measures approved at the IMC branch provided for the utilization of UAH 296.050 million in capital investments in 2025, which exceeds the level of actual investment by UAH 299.341 million (actual investments amounted to UAH 3.291 million). In 2025, expenditures under the categories “capital construction” and “modernization, modification (reconstruction) of fixed assets” totaled UAH 3.698 million.
In 2025, the total number of employees at OGHK was 4,443, including 3,031 at VGMK and 1,194 at IGZK.
As reported, Cement Ukraine LLC, controlled by NEQSOL Holding, acquired OGHK at an auction on October 9, 2024, for UAH 3,938,351.58.
On November 19, 2024, the State Property Fund of Ukraine and Cement Ukraine LLC entered into Agreement No. 217 for the sale and purchase of a 100% stake in OGHK. On May 29, 2025, the Antimonopoly Committee of Ukraine granted approval for the concentration. On June 10, 2025, Cement Ukraine LLC became the owner of 100% of the company’s shares. Cement Ukraine LLC is part of the international NEQSOL group of companies, with the ultimate parent company NEQSOL Holding B.V. (Netherlands), owned by Azerbaijani citizen Nasib Hasanov.
OGHK has two subsidiaries—the Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipropetrovsk Oblast) and the Irshansk Mining and Processing Plant (IGZK, Zhytomyr Oblast). OGHK’s main activities include open-pit mining of titanium ores, as well as the production and wholesale trade of titanium ore concentrates (zircon, ilmenite, rutile, disten-sillimanite, staurolite, and quartz sand).
According to the National Securities and Stock Market Commission (NSSMC) data for the first quarter of 2026, LLC “Cemin Ukraine” owns 100% of OGHK’s shares.
The authorized capital of PJSC “OGHK” is UAH 1.994 billion, with a par value of UAH 1 per share.
INGO Insurance Company (Kyiv) has fully settled one of the largest industrial claims in its portfolio, caused by a massive fire, by paying UAH 105.9 million to a mineral water and soft drink producer.
According to the insurer’s statement, based on the conclusions of State Emergency Service experts, the fire was caused by a critical overload of the electrical grid. The total area affected by the fire was approximately 2,500 square meters.
As a result of the fire, structural elements of the production and warehouse buildings were damaged, as well as a significant portion of the company’s production equipment. Specifically, the automated soft drink bottling lines, equipment for filling and capping PET bottles, the automated syrup production facility, packaging equipment, and other production systems were damaged. In total, more than 80 pieces of equipment were damaged or destroyed.
The company was insured under a property insurance policy that covered buildings, structures, and production equipment. Of the total payout of UAH 44.5 million, UAH 44.5 million was for damage to buildings, and another UAH 61.4 million was for damaged and destroyed equipment.
As noted, in 2025, INGO paid out more than UAH 2.2 billion in claims across various insurance segments.
INGO Insurance Company has nearly 30 years of experience in the market. Since 2017, the Ukrainian business group DCH has been the company’s majority shareholder. The company is among Ukraine’s largest insurance organizations in terms of premium volume, total assets, and insurance claim payouts.
On June 3, the Export-Credit Agency (ECA) announced a tender for services to audit the annual financial statements for 2026 and 2027, review interim financial statements, and perform other audit tasks.
According to the Prozorro public procurement system, the estimated cost of the services is 9 million UAH. The deadline for submitting bids is June 11, 2025.
The Export-Credit Agency of Ukraine (ECA) is a state institution that supports non-resource exports by insuring the risks of enterprises and banks. The agency insures foreign economic contracts, export credits, bank guarantees, and investment credits against military risks.
Since its launch in 2023, the Ukrainian maritime corridor has transported 200 million tons of cargo, including 118 million tons of Ukrainian grain, according to a statement by Deputy Prime Minister for Recovery and Minister of Community and Territorial Development Oleksii Kuleba.
“Behind every figure lies the hard work of Ukrainian ports, sailors, logistics specialists, railway workers, farmers, and everyone who keeps our economy running every day despite the war,” Kuleba wrote on Telegram on Thursday.
According to him, since the beginning of 2026, nearly 35 million tons of cargo have been transported through seaports, and Ukrainian products have reached 56 countries around the world.
It is noted that in April of this year alone, more than 500 drone attacks on logistics infrastructure were recorded.
“The ports were under fire practically every other day,” the post states.
Kuleba specified that since the start of the full-scale invasion, 935 port infrastructure facilities have been damaged or partially destroyed, 191 civilian vessels have been affected, and 255 people have been injured.
“Despite this, the Ukrainian maritime corridor is operational. It remains one of the key tools for supporting the national economy, ensuring exports, and Ukraine’s important contribution to global food security,” the Deputy Prime Minister emphasized.
As reported, Ukraine’s ports handled 35.8% more cargo in April 2026 than in April 2025—8.2 million tons.
According to the Ukrainian Sea Ports Authority (USPA), in total, from January to April 2026, Ukraine’s seaports handled 29.5 million tons of cargo, which is more than during the same period in 2025.
At that time, it was noted that grain accounted for the bulk of the cargo flow—16 million tons, which is 7% more than last year.
