Business news from Ukraine

Business news from Ukraine

Breast implant sales statistics show no trend toward “naturalness,” says Sergey Derbak, founder of Lita Plus clinic

Breast implant sales statistics show no trend toward “naturalness” in aesthetic medicine, according to plastic surgeon and founder of the Lita Plus clinic Sergey Derbak.

“We often discuss this issue with colleagues. I’ll be frank: I am well aware of the statistics on implant placement in Ukraine. Our clinic performs the largest number of breast augmentation surgeries in the country, so we see the real figures. And I can say with confidence that talk of ‘naturalness’ is mainly a PR stunt by bloggers and opinion leaders who want to stand out amid the general popularity of plastic surgery. In fact, there is currently a real boom in breast and lip augmentation, and it is not abating. There is no statistical evidence of a mass rejection of plastic surgery,” he said in an interview with Interfax-Ukraine.

Derbak noted that implant sales statistics show that “the smaller the implant, the more patients want a natural look.”

“In Latin America, the average implant volume exceeds 450 ml, which is approximately a size 4 breast. In Germany, the average volume is about 220 ml, which is in line with the trend toward naturalness. In Ukraine, the average implant volume is 350-400 ml, which is larger than a size 3 breast. Interestingly, round implants sell better than anatomical ones, and this trend has been growing over the last three years, since the start of the full-scale war,” he said.

According to Derbak, ”today, compared to before the war, the volume of implants has increased.”

“Over the past year, the average implant size has been plus or minus 400 ml. So I would say that stories about naturalness are more a case of wishful thinking. In reality, this is not the case,” he said.

https://interfax.com.ua/

 

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“Energoatom” received UAH 1.3 bln in profit in 2024

The net profit of NNEGC Energoatom JSC for 2024 amounted to UAH 1.3 billion, MP Oleksiy Honcharenko said on his Telegram channel on Tuesday.

“The Cabinet of Ministers of Ukraine has approved the results of Energoatom’s work for 2024: the company’s net profit is UAH 1.3 billion,” he wrote.

According to Honcharenko, all 100% of the profit will be used to cover the losses of previous years, and no dividends will be paid.

The government also confirmed the opinion of the independent auditor and approved the report on remuneration to the supervisory board.

As reported, Energoatom generated 53 billion kWh of electricity in 2024, which is 2% more than in 2023 and 12% more than in 2022.

In 2024, Energoatom allocated UAH 116.3 billion (excluding VAT) of its own funds, or 58% of its net income, to pay for PSO, i.e. to maintain fixed electricity tariffs for the population.

Last year, the company paid UAH 28.8 billion in tax payments to the budgets of all levels, which is 35% more than in 2023.

Currently, Energoatom operates nine power units at South Ukrainian, Rivne and Khmelnytsky NPPs with a total capacity of 7880 MW. All of them are located in the territory controlled by Ukraine.

Zaporizhzhia NPP with six VVER-1000 power units with a total capacity of 6,000 MW has not been generating electricity since September 11 of the same year after its occupation on March 3-4, 2022.

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2025 Canadian election results: Liberals win but form minority government

On April 28, 2025, federal elections were held in Canada, resulting in a victory for the Liberal Party led by Mark Carney, which won 155 seats in the House of Commons out of 343. However, this is not enough to form a majority, which requires 172 seats, meaning that a minority government will have to be formed or coalition agreements sought. Distribution of seats by party

Party                                          Leader                                               Seats      Change

Liberal Party                             Mark Carney                                        155      +3

Conservative Party                  Pierre Poilievre                                    133     +13

Bloc Québécois                         Yves-François Blanchet                      21       -11

New Democratic Party           Jagmeet Singh                                        5       -20

Green Party                              Elizabeth May and Jonathan Pedne    1        -1

Independents and others                                                                           28      —

Possible scenarios for forming a government

Given the results, the Liberal Party does not have an absolute majority and must seek support from other parties to form a stable government. Possible options:

Minority government: The Liberals may try to govern without a formal coalition agreement, securing the support of other parties on key issues.

Coalition with the New Democratic Party: Despite significant losses, the NDP could become a partner of the Liberals, as has happened in the past.

Cooperation with the Bloc Québécois: Although the Bloc Québécois lost some seats, its support could be critical for the Liberals, especially on issues related to Quebec.

Implications for the opposition

The Conservative Party, led by Pierre Poilievre, improved its position, winning 133 seats, but this was not enough to secure victory. Poilievre also lost his seat in the Carleton riding, which could affect his leadership of the party.

The New Democratic Party suffered significant losses, reducing its representation to five seats. Party leader Jagmeet Singh announced his resignation after losing in his riding.

The election took place against a backdrop of heightened tensions with the US, particularly after President Donald Trump’s statements about the possible annexation of Canada as the 51st state. Mark Carney strongly criticized Trump, stressing the need to protect Canadian sovereignty and strengthen national unity.

International leaders, including representatives from the UK, the EU, Ukraine, and China, congratulated Carney on his victory and expressed hope for stronger cooperation in trade, defense, and democratic values.

Earlier, the Experts Club think tank released a video analysis dedicated to the most important elections in the world in 2025. For more details, see here —

https://youtu.be/u1NMbFCCRx0?si=K4EMR3-a5cYQM_Ab

 

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Court revokes construction permit for H2O residential complex in Kyiv

The Volyn District Administrative Court upheld the claim of the Osokorki Ecopark public organization and decided to revoke the construction permit issued to Kontaktbudservis LLC and Budevolutsia LLC for the construction of a residential complex. The developer Stolitsa Group announced its intention to appeal the decision.

“On April 25, 2025, the Volyn District Administrative Court revoked the construction permit issued to Kontaktbudservis LLC for the territory of the Osokorky Ecopark. We have once again proven that construction on the territory of the ecopark is illegal. The court’s decision revoked the construction permit for the H2O residential complex,” the Osokorky Ecopark public organization said on Facebook on Tuesday.

According to the published court decision, the court concluded that the defendant did not provide the results of an environmental impact assessment to obtain a construction permit in a protected landscape area, did not coordinate the construction project with the State Service for National Cultural Heritage and the Ministry of Culture of Ukraine, and did not coordinate the construction plans with the current General Plan of the city.

Thus, the court’s decision revoked the permit of the State Architectural and Construction Inspection of Ukraine (GASI) No. IU113181171313 dated April 27, 2018, for the comprehensive development of microdistricts 1, 2, and 2a of the Osokorki-Tsentralni residential area in the Darnytskyi district of Kyiv.

In turn, the project developer Stolitsa Group announced its intention to appeal this decision in the near future. In its opinion, the court assessed the case as insignificant and did not take into account previous decisions of the Supreme Court regarding urban planning conditions and the detailed plan of the territory in this case.

“The company considers the decision of the Volyn District Administrative Court of First Instance to be a gross violation of procedural and substantive law, and it has not entered into legal force and will be appealed in the near future,” the company said in a statement on its Telegram channel.

The developer emphasized that work on the construction site is being carried out in accordance with the approved schedules and commitments made to buyers. In addition, the company continues to fulfill its obligations under the signed memorandum on the completion of the bankrupt Arkada facilities, the statement said.

As reported, in November 2018, the Kyiv District Administrative Court dismissed the claim of the Osokorki Ecopark public organization to revoke the State Architectural and Construction Inspection’s permit for the construction of the Patriotika na Ozerakh residential complex in the Osokorki-Tsentralny residential area in the Darnytskyi district of Kyiv, issued to Kontaktbudservis LLC and Budevolutsia LLC. This decision was overturned on appeal in 2019, and later in 2020, the Supreme Court overturned both decisions and sent the case back for reconsideration.

In 2019, Kyiv City Council deputies supported the decision to create the Tyaglo Lake Landscape Reserve to preserve valuable natural complexes of flora and fauna in the Dnipro floodplain on the left bank of the capital.

Later in 2021, a memorandum was signed on the completion of the bankrupt Arkady’s projects by Stolitsa Group LLC: the Eureka, Patriotika, and Patriotika na Ozerakh residential complexes.

On January 20, 2025, Stolitsa Group opened sales in the N2O residential complex in the capital’s Osokorki district between the Tyaglo and Nebrezh lakes (the former Patriotyka na Ozerakh project from Arkada). The chief architect of the project was Alexei Kutsalo from KUB Arkhteks.

Sources: https://reyestr.court.gov.ua/Review/126877273, https://www.facebook. com/ecoparkosokorky/posts/pfbid02HQ1SYBsTGKpcNfUFTqxpupRE2geJcpc7KDGbk29UxxGb688zAikndaggEAwWy5gol, https://t.me/stolitsa_group/2564

 

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“Danube Soya” launches third season of program to compensate cost of non-GM seeds

The Danube Soybean Association has announced the launch of the third season of the program to partially compensate Ukrainian farmers for the cost of original non-GM soybean seeds, the association’s press service reports.

“Over the two years of the project, we have seen real results: farmers get a significant increase in yields – an average of 10 c/ha more compared to the regional average. This proves that the use of original certified seeds is a long-term investment in the profitability and sustainable development of the farm,” said project manager Anastasia Radiuk, quoted by the press service.

The association reminded that for the third year in a row, this initiative has been helping agricultural producers to compensate 15% of the cost of original certified non-GM soybean seeds, supporting the transition to sustainable agricultural practices that meet European standards.

The program targets agricultural enterprises with an area of up to 1000 hectares that are not part of agricultural holdings and whose ultimate beneficiaries are Ukrainian citizens. The main condition for participation is the use of soybean varieties included in the State Register of Plant Varieties suitable for distribution in the country. In addition, project participants receive additional support, such as rapid tests to detect GMOs in soybeans and advice on certification in accordance with the non-GM standards of the Danube Soybean Association.

This season’s project is open to 15 farms from all over Ukraine, except for the territories where military operations are underway or temporarily occupied by the Russian Federation.

The project runs from May 10 to November 30. At the same time, applications will be accepted from May 10 to July 31, 2025. To participate, you need to fill out an application and provide documents confirming the purchase of certified seeds on the association’s website: https://www.donausoja.org/uk/soya-farmers-support-in-ukraine/.

According to Danube Soya, over the first two seasons, more than 50 farms from 12 regions of Ukraine joined the program and received more than UAH 2 million in compensation.

The Danube Soy Association is a non-profit, independent, membership-based organization headquartered in Vienna. The two certificates “Danube Soy” / “European Soy” are awarded to non-GM soy products of controlled origin and quality from the Danube Region and Europe.

The association has more than 330 members in 27 countries.

KSG Agro increased revenue and earned operating profit due to more efficient pig production

In 2024, KSG Agro received $3.662 million in operating profit against a $1.615 million loss a year earlier, according to the agricultural holding’s report on the Warsaw Stock Exchange.

According to the report, KSG Agro’s revenue from sales in 2024 increased by 17.6% to $22.103 million from $18.786 million.

“By continuing to implement the development strategy of a vertically integrated holding, we have achieved improved financial performance in two of our strategically important business areas – crop production and pig production. The main factor behind the positive dynamics was the increase in the efficiency of the pig business in 2024 by updating the herd with sows of modern efficient genetics. As confirmed by a series of tests we conducted in early 2023, the productivity of the purchased sows is quite high not only in terms of the number of litters and farrowing weight, but also in terms of pork quality,” said Sergiy Kasyanov, Chairman of the Board of Directors of KSG Agro.

According to him, based on the tests conducted, 1.3 thousand heads of the identified low-productive sows in the herd were replaced with purchased more efficient ones during the year. This allowed the holding to produce high quality piglets and ensure high dynamics of the pig breeding business.

Kasyanov added that the main drivers of KSG Agro’s further development, including in 2025, will be increasing the efficiency of crop production and increasing the productivity of the pig herd by continuing to rejuvenate the pig population.

KSG Agro, a vertically integrated holding company, is engaged in pig production, as well as the production, storage, processing and sale of grains and oilseeds. Its land bank in Dnipropetrovska and Khersonska oblasts is about 21 thousand hectares.

According to the agricultural holding, it is one of the top five pork producers in Ukraine. In 2023, it launched a “network-centric” strategy, which will shift from developing a large location to a number of smaller pig farms located in different regions of Ukraine.

In the first quarter of 2024, KSG Agro decreased its net profit by 37% to $0.96 million on a 2% decrease in revenue to $5.02 million. Its EBITDA decreased by 2% to $1.83 million.

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