In January 2025, imports of passenger cars, including cargo and passenger vans and racing cars (UKT FEA code 8703), decreased by 17.8% in monetary terms compared to January last year to $333.97 million.
According to customs statistics released by the State Customs Service of Ukraine, the top three countries from which cars were imported were Germany, the United States and Japan.
In particular, imports of cars from Germany increased by 39.6% to $74.64 million, and their share in the structure of car imports amounted to 22.35% against 13.15% a year earlier.
Cars from the United States were imported for $62.51 million (12% less); from Japan, which last year was not among the top three countries with the largest car imports, they were imported for $41.71 million.
At the same time, China was not among the top three in January 2025, with imports from it amounting to $70.7 million in January last year (second place after the United States).
In general, imports of passenger cars from other countries amounted to $155.11 million in January 2025, while a year earlier it was $211.35 million.
At the same time, last month, Ukraine exported such vehicles for $1.09 million, while a year earlier – for $0.76 million, in particular, 90.5% of exports were to the UAE, 3.78% – to Germany, 3.13% – to Moldova, while in January-2024 it was Canada (52.4%), the United States (26.8%) and Germany (7.2%).
As reported, in 2024, Ukraine imported passenger cars worth $4.385 billion, 8% more than a year earlier, and exported $10.1 million (2.7 times less).
In 2024, Nestlé in Ukraine invested more than UAH 900 million in three of its factories, which allowed the company to increase production efficiency and increase exports by 76%, according to a release.
“In 2024, the company invested more than UAH 900 million in the development of its three factories in Ukraine. The investments were focused on employee safety solutions, automation and digitalization of production processes and production lines, employee training and development, improvement of working conditions and infrastructure of production facilities, and technological solutions to reduce the carbon footprint,” the statement said.
The company noted that last year, thanks to investments, while maintaining supplies to 28 countries, it was able to significantly increase its exports: by 76% in volume and 128% in hryvnia equivalent.
“In 2024, the FMCG market in Ukraine grew by slightly less than 10%, including due to volumes. Nestlé also plays a role in this growth. We have similar growth with a focus on volume growth, which can be estimated at 7-8%, which is a consequence of our strategy. We have completely redesigned our portfolio, following consumer trends, and adjusted our promotional activities in line with the market situation,” emphasized Alessandro Zanelli, CEO of Nestlé in Ukraine and South-Eastern Europe.
The company cited the launch of a new line of Street Food sauces under the Torchyn brand as an example of its adaptability to consumer needs in times of war, when there is a lack of outdoor activities. This product category was created with an emphasis on the development of street food dishes, the company said in a statement.
In addition, Nestlé in Ukraine continues to produce products to help Ukrainians affected by the war. Since the beginning of the full-scale war, as of the end of 2024, the company has donated more than UAH 1.3 billion in aid, including food donated through charitable foundations for civilians and the military, as well as cash contributions to support, among others, the UNBROKEN and Superhumans rehabilitation centers.
Nestlé is one of the world’s largest food and beverage companies with operations in 187 countries. It offers a wide range of products and services for families and pets. It has more than 2000 trademarks.
Nestlé started its operations in Ukraine in 1994 with the opening of a representative office, acquired a controlling stake in CJSC Lviv Confectionery Factory Svitoch in 1998, and since 2018 has owned 100% of the company’s shares.
In 2010, Nestlé SA acquired Technocom LLC in Kharkiv, a manufacturer of fast food products under the Mivina brand. In 2012, Nestlé Business Service (NBS Europe) was established in Lviv, which is one of seven Nestlé service centers in the world and provides support services to Nestlé divisions in more than 40 countries.
Nestlé’s business in Ukraine is represented by the following areas: coffee and beverages, confectionery, cooking (cold sauces, condiments, soups, convenience foods), baby and specialty foods, breakfast cereals, and pet food.
In 2025, the company plans to open a new factory in Smolyhiv, Volyn region, which is currently in the final stages of construction. It is expected that 80% of the products manufactured at the new factory will be exported to the EU.
Cow prices in February 2025 increased by 20-46% depending on fatness, according to the Association of Milk Producers (AMP).
According to the report, the average price for cows below average fatness in the first half of February 2025 increased to 73 UAH/kg excluding VAT, which is 23 UAH or 46% more than a month earlier, for cows of average fatness – up to 72 UAH/kg excluding VAT (18.25 UAH or 34% more), for higher fatness – up to 70 UAH/kg excluding VAT (12 UAH or 20% more).
“Over the past few weeks, prices for cattle have been rising in Ukraine, driven by an increase in live exports in December-January. The outbreak of foot-and-mouth disease in the German state of Brandenburg led to a reduction in the export of live animals from the EU. However, the demand for cattle in foreign markets is quite active during the period of preparation for Ramadan in Muslim countries,” the industry association explained.
The number of unemployed in Germany in January 2025 reached almost three million, which was a record for the last decade.
This is reported by DW with reference to the Federal Employment Agency.
According to official data, the unemployment rate in Germany increased by 0.4 points since December 2024 and reached 6.4%. This means that the number of unemployed in the country increased by almost 200 thousand more compared to the previous year and reached 2.993 million. The sharp rise in unemployment in January is typical, as many seasonal labor contracts end with the New Year and weather-dependent work, such as in construction, comes to a halt.
At the same time, German employers see the data released by the Federal Employment Agency as a worrying signal.
According to Rainer Dulger, president of the Confederation of German Employers’ Associations of Germany, “the economic and structural weakness of the German economy is hitting the labor market with all its might.”
Ukrainian veterans will be able to undergo training in humanitarian demining in Serbia, the Ministry of Veterans Affairs has announced.
“The training will provide war veterans with knowledge of the intricacies of demining, familiarization with national standards of mine action, etc. During the training, war veterans will be able to acquire the necessary skills and certification, which will open up new career opportunities for them,” the ministry said in a statement following a meeting between Deputy Minister Yulia Kyrylova and Serbian Ambassador to Ukraine Andon Sapundji and representatives of the Serbian Demining Center.
It is noted that at the same time, such an initiative will help strengthen the national demining system, as experienced specialists will be able to work on the security of the liberated territories.
In addition, the Ministry of Veterans and the Mine Action Center of Serbia agreed to further establish cooperation in the training of demining specialists among war veterans.
In 2024, ARX (risk insurance) and ARX Life (life insurance) insurance companies paid almost UAH 1.8 billion to customers, which is 23% more than last year, of which ARX paid UAH 1.72 billion (+24.6%), according to a press release from the insurer.
In 2024, hull insurance payments amounted to almost UAH 1.02 billion, which is 22% more than in 2023, motor third party liability – UAH 164 million (+ 41% by 2023), VHI – UAH 307 million (+ 16%), property insurance – UAH 97 million (+ 69%).
Every day, the company paid out an average of almost UAH 6.6 million to customers.
As reported, the total premiums of ARX and ARX Life insurance companies in 2024 amounted to UAH 4.6 billion, which is 15% more than in 2023. The amount of premiums collected by ARX Insurance Company for hull insurance policies amounted to UAH 2.4 billion (+22% compared to 2023), for MTPL – UAH 535 million (+21%), and for property insurance – UAH 532.8 million (+20%).
The net profit of ARX and ARX Life last year amounted to almost UAH 520 million.
ARX is the first insurer in Ukraine to offer military risk coverage of up to UAH 100 million through a strategic agreement with DFC. Previously, the maximum coverage amount was UAH 20 million.
