Revenues from excise tax on manufactured and imported goods in January-May 2025 reached UAH 69.7 billion, compared to UAH 46.9 billion in the same period last year, according to Ruslan Kravchenko, head of the State Tax Service (STS).
“In five months, the budget has already received UAH 11.3 billion (+19.3%) more than planned. In May 2025, UAH 15.3 billion in excise tax was received,” he said.
Kravchenko explained that the overperformance was due to an increase in imports of excisable goods, in particular tobacco products.
“Systematic control over the circulation of excisable goods is also yielding noticeable results,” added the head of the State Tax Service.
The Kametstal plant, part of the Metinvest mining and metallurgical group (Kamensk, Dnipropetrovsk region), has officially commissioned a complex of four Dalgakiran gas piston units with a total capacity of 10 MW.
According to the company’s press release on Tuesday, energy efficiency, energy independence, and energy security are the three key priorities of the major investment project implemented at Kametstal.
It is specified that the new power plant is a complex of four Dalgakiran gas piston units with a total capacity of 10 MW, equipped with internal combustion engines, the primary fuel for which is natural gas, and the end product is electricity. The average consumption for the production of one megawatt of own electricity is about 250 cubic meters of natural gas.
As part of the project, in addition to containers for generating units, step-up transformers and a distribution substation with Schneider Electric equipment were installed on the site. Additional electrical communications have been installed. The company has also carried out a retrofit, replacing five oil circuit breakers with vacuum circuit breakers at key connection points. Frequency converters have been installed on the main consumer equipment, which, if necessary, ensure the safe transfer of this equipment to power supply from generators.
It is also reported that on April 15, the first gas piston power plant was launched, after which, as part of the commissioning program, the mode of single and simultaneous operation of generators in all possible combinations was tested, their synchronization with external power grids was checked, and operating modes with consumers and stable connection to the grid were tested, avoiding sharp voltage fluctuations.
Kametstal is part of the Metinvest Group.
TwinSocks (Kovel, Volyn region), a distributor and manufacturer of hosiery products, plans to create an industrial park (IP) for the processing of industrial hemp, according to Dmytro Kysilevsky, deputy chairman of the parliamentary committee on economic development.
“TwinSocks has announced its intention to create an industrial park specializing in the processing of technical hemp,” he wrote in a news digest about industrial parks for May on Facebook on Monday.
In turn, the Volyn Regional State Administration reported on Facebook that last Thursday, during a discussion of the prospects for industrial parks in Volyn, Bogdan Konopatsky, managing director of TwinSocks LLC, announced plans to create such a park.
“TwinSocks, a family business with 25 years of experience in Volyn and Rivne regions, is preparing to take a new step – to develop an eco-industrial park focused on the processing of technical hemp,” the statement said.
The Volyn Regional State Administration notes that industrial hemp, which is legally permitted to be grown in Ukraine, could become the basis for a new processing industry: from cultivation to a complete production cycle and the creation of textiles.
“Why is this profitable? The government receives tax revenues, and businesses receive incentives and a platform for scaling up,” Konopatsky said in the statement.
The Regional State Administration also reports that the idea of creating an eco-industrial park has been supported by entrepreneurs and representatives of the Chamber of Commerce and Industry, in particular, Vitaliy Kyrychuk from the CCI noted that the processing of technical crops is one of the most promising areas, and Volyn may well become a pilot region in this direction.
The hosiery manufacturer TM “TwinSocks” has been operating in Ukraine since 2004. Its product range includes men’s, women’s, and children’s socks and tights. The company has brand stores in Lutsk, Kovel, and Rivne.
As reported, in May this year, a technical hemp processing plant began operating in the Ma’Rizhany industrial park (Zhytomyr region).
Kysilevsky also announced, in particular, the approval by the Zhmerynka City Council (Vinnytsia region) of the concept of the Bril Park industrial park near the village of Brailiv.
According to the city council’s website, the park will focus on agro-processing, food industry, fruit and vegetable processing, energy generation (electricity, heat, cooling), logistics, and construction materials production.
The park will also be open to companies that have been forced to relocate from frontline areas due to the war.
Albania is considering importing beef, lamb, and processed products from Ukraine, and also wants to increase exports of root vegetables to the Ukrainian market, according to the Ministry of Agrarian Policy and Food following a meeting between its head, Vitaliy Koval, and the Ambassador of the Republic of Albania to Ukraine, Ernal Fil.
The minister noted that in 2025, Ukraine shifted its state policy towards livestock farming and began to increase the production of cattle, red meat, and processed products, which attracted the interest of Albania, where demand for meat products has grown due to an increase in tourism.
“Albania is interested in importing meat (beef and lamb) and processed products from Ukraine. At the same time, they want to increase the supply of root vegetables to the Ukrainian market, especially in February-May, when we have less of our own. To do this, certain trade procedures between the countries need to be simplified,” Koval said.
The parties agreed at the ministerial level to discuss steps to strengthen cooperation in the agricultural sector at the embassies.
The head of the Ministry of Agrarian Policy emphasized that, in addition to cooperation in the agricultural sector, Ukraine and Albania have many points of contact. In particular, the agricultural sector accounts for a significant share of GDP in both countries and provides employment for a large number of people.
To intensify cooperation, Koval proposed holding the inaugural meeting of the Ukrainian-Albanian Joint Commission this year.
Alexander Buryak and Sergey Buryak have announced their intention to acquire 49,995 thousand shares, or 24.995% of the shares of Brokbusiness-Zhizn JSC (Kyiv), which specializes in providing insurance agent and broker services.
According to the OpenDataBot website, Brokbusiness-Zhizn was registered on November 15, 2007. The main shareholder is SK BBS Insurance, which owns 99.9% of the shares. The authorized capital is UAH 20 million.
In addition, Alexander Buryak announced his intention to acquire 23.125% of the shares of PJSC “Closed Undiversified Venture Corporate Investment Fund ”Brockbusiness.”
According to the OpenDataBot website, the fund was established in 2008. Its shareholders are IC “BBS Insurance” (24.454%), LLC ‘Parasol’ (7.954%), and LLC “Financial Company ”BLK” (20.469%).
The authorized capital is 84.3 million hryvnia.
Ukrainian developer RIEL has announced the start of sales for six new residential projects in Lviv and Kyiv. Four of them are located in Lviv. Three complexes — Big Ben, Hyde Park, and Harry — complement the company’s classic portfolio. Another project, Father, became the first in the city to represent the conceptual Riel Family Style line, which emphasizes family values and a special atmosphere of comfort.
“The total area of new projects in Lviv is almost 300,000 square meters. And despite the fact that we are the city leader, RIEL is not resting on its laurels and continues to improve its approaches to creating high-quality urban space,“ said RIEL CEO Rostislav Melnyk. ”That is why we have developed a new format within the comfort class and implemented it in the Riel Family Style concept. We have made sure that as many aspects of family life as possible are taken into account in your living space.“
In particular, the modern Big Ben is a well-thought-out multifunctional space for people of the ”new way of thinking,” interpreting the traditional gallery-style housing of Lviv. Here, every element, from the architecture to the atmosphere, is designed for everyday enjoyment of life.
“Galleries, green areas with fountains, playgrounds, and a paddle tennis court—everything to make every day feel like Friday and neighbors become friends from the second day of meeting!”, the residential complex’s website states.
The developer’s next project in Lviv is the Hyde Park club house, where wellness is at the heart of the concept. The complex is being built next to Shevchenkivskyi Hai Park and will have the first 25-meter swimming pool in Lviv. The complex will offer 1,200 m² of space for sports, self-care, and relaxation, with a spa area and mini-golf and paddle tennis courts.
“Hyde Park is an ecosystem for rejuvenation. We have created a private space for people who value a healthy and balanced lifestyle. The infrastructure, nature, and architecture exist in harmony and fill you with energy. Away from the hustle and bustle of the city and close to a park, we have designed an environment for those who value balance in life,” the developer says on the official website of the residential complex.
The business-class residential complex near the city center, Harry, will have its own English garden with places for active and peaceful recreation and a club area for residents’ leisure. The club status of the Harry complex is emphasized by its closed territory and attention to detail, from the exquisite design of the entrance to the arrangement of common areas.
“Harry has a small number of floors and a limited number of apartments, which means fewer neighbors and more space for the comfort of each resident. The internal infrastructure has been thought out to the smallest detail: modern security systems, energy-efficient technologies, and high-level service create an atmosphere of true comfort,” says the developer.
The Father residential space, located in a cozy area not far from the center, combines privacy and accessibility to urban infrastructure. As noted on the complex’s website, it is ideal for young families and couples who want comfort and safety for themselves and their children. Father was created based on the Riel Family Style concept.
“Here you can easily find everything you need for a harmonious life: a quiet courtyard for games, proximity to educational institutions, and an atmosphere of security, where every detail has been thought out to the smallest detail.”
“Before the start of sales, we held a series of closed presentations for real estate agencies and realtors, shared details about the projects, heard the first reviews, and secured the support of our partners. Today, the new complexes are already on the market, with clear communication and a readiness to respond to people’s requests,” concluded Rostislav Melnyk.
As a reminder, the total area of RIEL’s new projects in Lviv and Kyiv will exceed 500,000 square meters — 282,000 in Lviv and 285,000 in Kyiv. As of today, RIEL has completed all of its projects in Kyiv that were started before 2022 and has maintained its leading position in Lviv. In the first quarter of 2025, the developer commissioned over a thousand apartments.
You can find out more about each project, view the floor plans and purchase terms on the developer’s official website riel.ua.
Source: https://interfax.com.ua/news/press-release/1075139.html
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