Business news from Ukraine

Business news from Ukraine

Retail trade turnover in Ukraine rose by 11.2% in first quarter

Ukraine’s retail trade turnover in January–March 2026 increased by 11.2% compared to the same period in 2025, according to the State Statistics Service (SSS).

According to its data, in nominal terms, retail trade turnover for the first three months of this year amounted to UAH 694.1 billion.

Retail trade turnover in March 2026 increased by 12.8% compared to March 2025.

The State Statistics Service notes that the turnover of retail trade enterprises (legal entities) in January–March 2026 increased by 11.4% compared to the same period of the previous year and amounted to 482.1 billion UAH.

As reported, in 2025, retail trade turnover in Ukraine grew by 8.1%.

The State Statistics Service notes that the data does not include territories temporarily occupied by the Russian Federation and parts of territories where hostilities are (were) taking place.

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Number of refugees from Ukraine in selected countries as of 31.12.2025

Number of refugees from Ukraine in selected countries as of 31.12.2025

“Interpipe Dnipropetrovsk Vtormet” ended quarter with loss of 4.7 mln UAH

PJSC “Interpipe Dnipropetrovsk Vtormet” (Dnipro), a subsidiary of the pipe and wheel company (PWC) “Interpipe,” ended January-March of this year with a loss of UAH 4.731 million, whereas it reported a net profit of UAH 40.698 million for the same period last year.

According to the company’s data in the NSSMC’s disclosure system, the pre-tax loss for this period amounted to UAH 4.786 million, compared to a pre-tax profit of UAH 50.446 million in Q1 2025.

At the same time, revenue from ordinary activities amounted to UAH 776.710 million, compared to UAH 1.807 billion in January–March 2025.

Retained earnings as of the end of March 2026 reached UAH 327.043 million.

As reported, Interpipe Dnipropetrovsk Vtormet ended 2025 with a loss of UAH 2.821 million, while in 2024 it reported a net profit of UAH 65.931 million.

“Interpipe” is a Ukrainian industrial company and a manufacturer of steel pipes and railway products. The company’s products are supplied to more than 50 countries worldwide through a network of sales offices located in key markets in the Middle East, North America, and Europe.

The company’s structure includes six industrial assets: “Interpipe Nizhnedneprovsky Pipe Rolling Plant (NTZ),” “Interpipe Novomoskovsky Pipe Plant (NMTZ),” “Interpipe Nico-Tube,” “Dnipropetrovsk Vtormet,” the ‘Dniprostal’ electric steelmaking complex under the “Interpipe Steel” brand, and the Interpipe Roman pipe plant in Romania.

The company has a total workforce of approximately 9,500 employees.

The ultimate owner of Interpipe Limited is Ukrainian businessman and philanthropist Viktor Pinchuk and members of his family.

“Interpipe Dnipropetrovsk Vtormet” specializes in the procurement and processing of ferrous metal scrap in the Dnipropetrovsk region, followed by the sale of this product, specifically in the preparation of metal feedstock for steelmaking enterprises. The company’s production facilities have the capacity to process 1.35 million tons of scrap per year. The company has an extensive regional network of procurement and production facilities (Dnipro, Nikopol, Pavlohrad, Zhytomyr, Kyiv, Odesa, Poltava, Vinnytsia, Kharkiv, and Cherkasy).

According to the State Registration Service data for the fourth quarter of 2025, Interpipe Limited (Cyprus) owns 98.6699% of the shares of PJSC “Interpipe Dnipropetrovsk Vtormet.”

The company’s authorized capital is UAH 64.876 million.

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LLRZ reported loss of 16.2 mln hryvnias in first quarter of 2026

The Lviv Locomotive Repair Plant (LLRP), part of Ukrzaliznytsia, ended the January-March 2026 period with a loss of 16.2 million UAH, whereas during the same period in 2025, net profit amounted to 9.3 million UAH.

According to the plant’s financial report published in the NSSMC disclosure system, its net revenue decreased by 26.2% to nearly 163 million UAH.

The plant reported an operating loss of UAH 10 million compared to a profit of UAH 30.4 million, and the loss from operating activities amounted to UAH 22.6 million, whereas in January–March of last year, operating profit stood at UAH 13.3 million.

According to LLRZ, in January–March it repaired 3 units of rolling stock for Ukrzaliznytsia (6 units during the same period in 2025), 144 wheel sets (161), 29 traction motors (64), 20 auxiliary electric machines (45), 16 anchors (36), and 67 units of other line products (8 units).

Founded in 1861, the Lviv Locomotive Repair Plant is now a major Ukrainian enterprise specializing in the repair of electric locomotives (VL10, VL11m, and VL80t series), traction motors, and wheel sets.

As reported, in 2025 the plant increased its production volume by 24.2% compared to 2024—to 1.026 billion UAH.

By a decision of the shareholder of PJSC “LLRZ” dated April 23 of this year, 95% of the nearly UAH 7 million in net profit earned in 2025 will be allocated to cover losses from previous periods, and 5% will go to the reserve capital.

In 2024, the plant increased its net profit by 55% compared to 2023—to 24 million UAH—and its net revenue by 39%, to 827.7 million UAH.

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“Delta-Lotsman” has announced tender for accident insurance for employees

On April 29, the “Delta-Lotsman” branch of the state-owned enterprise “Administration of Seaports of Ukraine” announced a tender for voluntary accident insurance for employees, according to the Prozorro electronic public procurement system.

As reported, the estimated cost of the services is 27,736 thousand UAH.

Bids are being accepted until May 11.

 

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Express Insurance increased its premium income by 36% in March

In March 2026, Express Insurance collected insurance premiums totaling UAH 119.9 million, which is 35.9% more than in March 2025, according to the insurer’s website.

Specifically, premiums under comprehensive auto insurance policies amounted to 78.1 million UAH, which is 28.9% higher than in March 2025.

“Based on the month’s results, we are seeing increased demand for comprehensive vehicle insurance programs,” the company notes.

According to its data, premiums for compulsory motor third-party liability insurance (CMTPL) reached 38.7 million UAH, which is 48.3% higher than the figure for the same period last year and confirms the upward trend in premiums in the compulsory auto insurance segment.

For other types of insurance, 3.1 million UAH was collected, which is double the result from March of last year.

Express Insurance was founded in 2008. It is part of the UkrAVTO group of companies. It specializes in auto insurance.

The company has over 300 insurance agents throughout Ukraine and is actively expanding its network of partner service stations.