Business news from Ukraine

Leaders of extractive industry earned 13% more in 2023

According to the Opendatabot Index, the leading companies in the extractive industry earned more than UAH 365 billion last year. Their total revenue grew by 13% compared to the first year of full-scale operations. More than half of the total revenue of the top companies is accounted for by 2 state-owned companies. Another 6 companies belong to Rinat Akhmetov’s SCM Group.

UAH 365.26 billion was the total revenue of the mining industry leaders in 2023, according to according to the Opendatabot Index. This is even 11% more than before the start of the full-scale war.

This year’s Index is led by state-owned Ukrnafta, which increased its revenue by 2.3 times in 2023 to UAH 95.17 billion. This is 26% of the total revenue of the top 10 extractive industries. In addition, Ukrnafta also made the largest profit among the top 10 companies: UAH 25.74 billion.

Last year’s leader, Ukrgasvydobuvannya, moved to second place. Despite the fact that the company managed to increase its revenue by 9%, its net profit decreased 19 times to UAH 3.14 billion in 2023. Ukrgasvydobuvannya’s main activity is natural gas production.

In total, these two state-owned companies earned half of the total income of the leaders of the extractive industry: UAH 189 billion.
Another 41% of the leaders’ revenue was shared by six companies of Rinat Akhmetov’s SCM Group: UAH 149.67 billion. Five of them made a net profit of UAH 32.35 billion. Only Central GOK suffered a loss of UAH 1.33 billion.
Among the SCM Group companies that increased their revenues in 2023 are Northern GOK (+44%), Svyato-Varvarinskaya Concentrator (+32%) and Pokrovskoye Mining Group (+14%). At the same time, revenues of Naftogazvydobuvannya and Central GOK decreased by 35% and 31%, respectively, and DTEK Pavlohradvuhillya decreased by 6%.
The Index also includes two companies, FERREXPO AG, associated with Konstantin Zhevago. Their total revenue for 2023 decreased by almost a third compared to 2022: Poltava Mining by 33% and Yeristovo Mining by 32%. However, these two companies managed to generate a combined profit of UAH 970.7 million.
In total, nine out of ten companies included in the Index managed to make a profit last year, amounting to UAH 62.11 billion. For comparison, in 2022, only 6 out of ten companies were profitable.
Who dropped out of the top?
This year’s Index did not include Inguletsky GOK, whose revenue decreased by 32%, and Ukrnaftoburinnya (-38%), which was previously part of the group of companies owned by Ihor Kolomoisky and became state-owned by a court decision. Currently, Ukrnaftoburinnya is managed by Ukrnafta.

https://opendatabot.ua/analytics/index-mining-industry-2024

 

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Ukrainian national team successfully performed at European Aquatics Championships

Ukraine’s national team has successfully competed at the European Aquatics Championships in Belgrade, where our athletes won five different medals, including two golds, and took seventh place in the unofficial medal standings, Suspilne.Sport reported on Sunday.

The tournament featured awards in four sports: swimming, diving, open water swimming, and artistic swimming. On the seventh day of the competition, the Ukrainian national team won two gold, one silver and two bronze medals.

In total, our athletes reached 14 finals of the competition. The first gold medal was won by Oleksandr Zheltiakov, who won the 200-meter backstroke for the first time in his career. Mikhail Romanchuk also won gold in the 800-meter freestyle. In the other final, he took silver in the 1500 meters, losing only to Turkey’s Kazey Tunceli. Vladislav Bukhov finished third in the 50-meter freestyle. Another bronze medal was earned by Oleksandr Zheltiakov, Volodymyr Lisovets, Arsenii Kovalev and Ilya Lynnyk in the 4×100-meter medley relay.

Euro 2024 swimming, awards of the Ukrainian national team:

“Gold: Alexander Zheltiakov (200 m, backstroke), Mikhail Romanchuk (800 m, freestyle)

“Silver: Mikhail Romanchuk (1500 m, freestyle)

“Bronze: Vladyslav Bukhov (50 m, freestyle), Oleksandr Zheltiakov, Volodymyr Lisovets, Arsenii Kovalev, Ilya Lynnyk (4×100 meters, complex)

Euro 2024 is the last major international swimming tournament before the Summer Olympics in Paris. Four Ukrainians have Olympic licenses: Mykhailo Romanchuk, Vladyslav Bukhov, Oleksandr Zheltiakov and Denys Kesil.

More than half of Ukrainians have negative attitude towards Iraq – research by Experts Club and Active Group

Active Group and Experts Club have conducted a joint study on the attitudes of Ukrainians towards the countries of East Asia and the Middle East. The study was presented at the Interfax-Ukraine news agency in June 2024. The research was presented by Maksym Urakin and Oleksandr Poznyi. The results of the study are as follows:

The results of the survey are as follows:
Completely positive – 3.6
Mostly positive – 8.6
Mostly negative – 25.1 %.
Completely negative – 30.9%.
Difficult to answer – 31.8%.
Positive – Negative -43.8

On December 16, 1992, diplomatic relations between Ukraine and Iraq were established

The joint research by Active Group and Experts Club on the attitudes of Ukrainians towards the countries of East Asia and the Middle East was conducted in April-May 2024. It covers such countries as Turkey, Iran, Israel, Egypt, Jordan, Saudi Arabia, UAE, Afghanistan, Pakistan, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Kazakhstan, Georgia, Armenia, India, China, Republic of Korea, DPRK, Japan, Vietnam, Indonesia, Syria, and Iraq. Full information on the research is available on the website of the Club of Experts at
https://expertsclub.eu/cpilne-doslidzhennya-kompaniyi-active-group-ta-experts-club-shhodo-stavlennya-ukrayincziv-do-krayin-shidnoyi-aziyi-ta-blyzkogo-shodu/

Video – https://interfax.com.ua/news/video/993142.html

 

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56% of Ukrainian citizens have negative attitude towards Syria – survey

Active Group and Experts Club have conducted a joint study on the attitudes of Ukrainians towards the countries of East Asia and the Middle East. The study was presented at the Interfax-Ukraine news agency in June 2024. The research was presented by Maksym Urakin and Oleksandr Poznyi. The results of the study are as follows:

The results of the survey are as follows:
Completely positive – 3.3%.
Mostly positive – 9.8
Mostly negative – 26.8
Completely negative – 29.7 %.
Difficult to answer – 30.4%.
Positive – Negative – 43.3

On March 31, 1992, diplomatic relations between Ukraine and the Syrian Arab Republic were established.

The joint research by Active Group and Experts Club on the attitudes of Ukrainians towards the countries of East Asia and the Middle East was conducted in April-May 2024. It covers such countries as Turkey, Iran, Israel, Egypt, Jordan, Saudi Arabia, UAE, Afghanistan, Pakistan, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Kazakhstan, Georgia, Armenia, India, China, Republic of Korea, DPRK, Japan, Vietnam, Indonesia, Syria, and Iraq. Full information on the research is available on the website of the Club of Experts at
https://expertsclub.eu/cpilne-doslidzhennya-kompaniyi-active-group-ta-experts-club-shhodo-stavlennya-ukrayincziv-do-krayin-shidnoyi-aziyi-ta-blyzkogo-shodu/

Video – https://interfax.com.ua/news/video/993142.html

 

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Half of Ukrainians have not defined their attitude to Indonesia – Experts Club and Active Group

Active Group and Experts Club conducted a joint study on the attitudes of Ukrainians towards the countries of East Asia and the Middle East. The research was presented at the Interfax-Ukraine news agency in June 2024. The research was presented by Maksym Urakin and Oleksandr Poznyi. The results of the study are as follows:

The results of the survey are as follows:
Completely positive – 7.9%.
Mostly positive – 34.2
Mostly negative – 5.7
Completely negative – 3.8
Difficult to answer – 48.3%.
Positive – Negative – 32.5

On June 11, 1992, diplomatic relations between Ukraine and Indonesia were established.

The joint research by Active Group and Experts Club on the attitudes of Ukrainians towards the countries of East Asia and the Middle East was conducted in April-May 2024. It covers such countries as Turkey, Iran, Israel, Egypt, Jordan, Saudi Arabia, UAE, Afghanistan, Pakistan, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Kazakhstan, Georgia, Armenia, India, China, Republic of Korea, DPRK, Japan, Vietnam, Indonesia, Syria, and Iraq. Full information on the research is available on the website of the Club of Experts at
https://expertsclub.eu/cpilne-doslidzhennya-kompaniyi-active-group-ta-experts-club-shhodo-stavlennya-ukrayincziv-do-krayin-shidnoyi-aziyi-ta-blyzkogo-shodu/

Video – https://interfax.com.ua/news/video/993142.html

 

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Half of Ukrainians have not defined their attitude to Vietnam – research by Experts Club and Active Group

Active Group and Experts Club conducted a joint study on the attitudes of Ukrainians towards the countries of East Asia and the Middle East. The research was presented at the Interfax-Ukraine news agency in June 2024. The research was presented by Maksym Urakin and Oleksandr Poznyi. The results of the study are as follows:

The results of the survey are as follows:
Completely positive – 7.2
Mostly positive – 31.1 %.
Mostly negative – 9.8
Completely negative – 3.8 %.
Difficult to answer – 48.1%.
Positive – Negative – 24.6

On January 23, 1992, Ukraine and Vietnam established diplomatic relations.

The joint research by Active Group and Experts Club on the attitudes of Ukrainians towards the countries of East Asia and the Middle East was conducted in April-May 2024. It covers such countries as Turkey, Iran, Israel, Egypt, Jordan, Saudi Arabia, UAE, Afghanistan, Pakistan, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Kazakhstan, Georgia, Armenia, India, China, Republic of Korea, DPRK, Japan, Vietnam, Indonesia, Syria, and Iraq. Full information on the research is available on the website of the Club of Experts at
https://expertsclub.eu/cpilne-doslidzhennya-kompaniyi-active-group-ta-experts-club-shhodo-stavlennya-ukrayincziv-do-krayin-shidnoyi-aziyi-ta-blyzkogo-shodu/

Video – https://interfax.com.ua/news/video/993142.html

 

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