Business news from Ukraine

Business news from Ukraine

Metinvest B.V. paid coupon on its 2027 Eurobonds on time, despite war

Metinvest B.V. (Netherlands), the parent company of an international vertically integrated mining and metallurgical group of companies, paid the next coupon on its 2027 Eurobonds and, despite the war in Ukraine, continues to fulfill its debt obligations, in particular to Eurobond holders.

“We can confirm that the coupon for March 1 was paid on time,” Andriy Burlakov, head of the Metinvest Group’s press service, told Interfax-Ukraine in response to a request.

The coupon payment date for Eurobonds-2027 is March 1.

“The coupon payment dates are March 1 and September 1 of each year,” according to the information on the 2027 bonds.

The coupon rate is 7.650% per annum.

Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions – as well as in the European Union, the United Kingdom, and the United States.

The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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Kazakhstan to build Central Asia’s largest Boeing aircraft maintenance center

A ceremony to lay the foundation stone for a Boeing aircraft maintenance, repair, and operations (MRO) hangar center was held in Shymkent, according to the press service of the Kazakh Ministry of Transport.

“The new complex will become the largest aircraft maintenance and repair facility in Central Asia and one of the most significant infrastructure projects in Kazakhstan’s aviation industry,” the ministry said.

The project involves the creation of a modern full-cycle production center focused on servicing Boeing aircraft, including the Boeing-737 (Classic/NG/MAX) and Boeing-757/767 families, as well as promising programs for Boeing-777 wide-body aircraft. In this regard, the purchase of additional Boeing aircraft is planned.

The complex will be located on an area of 10 hectares. The total area of the engineering and technical infrastructure will exceed 45,000 square meters, including an aircraft parking area of more than 6 hectares. It is planned to build at least 15 high-tech facilities.

“The implementation of the project will allow Kazakhstan to create a modern service base of international level, capable of attracting foreign airlines to service their aircraft, expanding industry competencies and creating new highly skilled jobs,” the press release said.

It is noted that the initiative to create the center was developed during President Kassym-Jomart Tokayev’s working visit to the United States, where, at a meeting with Boeing executives, the prospects for expanding strategic cooperation were discussed, including the implementation of a project to build a Boeing aircraft maintenance and repair center in Shymkent.

Earlier, Kazakh airline SCAT agreed with Boeing Co. to increase the number of Boeing 737 aircraft in its fleet to 15 by 2035: in September 2025, SCAT received its 11th Boeing 737 MAX8.

A few years ago, Kazakh airline Air Astana announced plans to start flying to the US once it got its hands on some Boeing 787 Dreamliners. In November 2025, Air Astana said it signed a deal with Boeing Co. to get up to 15 Boeing 787-9 Dreamliners. The airline expects to take delivery of four Boeing 787-9 Dreamliners in the fourth quarter of 2026.

 

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Nova Poshta does not plan to become marketplace — Klimov and Poperechnyuk

Nova Poshta, the leader in express delivery in Ukraine and part of the NOVA group, does not plan to become a marketplace, as it has no intention of engaging in the business of its own customers, according to co-owner Vyacheslav Klimov.

“Our main asset is our focus on delivery, so there will never be a marketplace,” Klimov emphasized in the second part of the Fedoriv Vlog episode on YouTube.

According to Nova Poshta co-owner Volodymyr Poperechnyuk, the company plans to develop in the field of logistics and delivery over the next 10 years.

“There are no marketplaces in our 10-year plans at all,” Poperechnyuk clarified.

Separately, Poperechnyuk noted that Nova Poshta has set goals for increasing the use of robots in performing work tasks.

“I think we will start from global practices, such as Amazon, which has millions of robots. I think we will start with thousands,” the co-owner emphasized.

The day before, during the presentation of the book “For Managers” by Artem Borodatyuk, founder of the IT company Fractal, Klimov announced that one of Nova Poshta’s strategic bets for the future is fulfillment services — providing a complete chain from ordering goods to delivering them to the customer.

As reported, Nova Poshta increased its revenue by 21% in 2025 compared to 2024. The number of parcels and cargo delivered in 2025 increased by 7.4% – from 486 million to 522 million, including international deliveries – by 52.6%, from 19 million to 29 million.

The main activity of Nova Poshta is the express delivery of documents, parcels, and palletized large-sized cargo. Its ultimate beneficial owners are Volodymyr Poperechnyuk and Vyacheslav Klimov.

As of early January 2026, the company’s network had more than 50,000 service points, including 15,900 branches and 34,200 post offices.

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Gold rises to $5,418 amid US and Israeli war with Iran

The price of gold and other precious metals rose sharply on Monday due to the escalating conflict in the Middle East.

By 9:57 a.m. ET, April gold futures on the Comex exchange rose about 3.3% to $5,418 per ounce.

Silver futures rose 3.3% to $96.38 per ounce, and platinum futures rose 2% to $2,422 per ounce.

As reported, on Saturday, the US and Israel launched military action against Iran. They carried out more than a thousand missile strikes on Iranian cities, killing Iran’s supreme leader Ayatollah Ali Khamenei.

Iran launched retaliatory strikes against Israel and a number of Persian Gulf countries. In particular, residential areas of the capital of Bahrain were affected, and damage to a number of hotels and the airport in Dubai was reported.

Meanwhile, the price of aluminum on the London Metal Exchange jumped nearly 3% on Monday to $3,231 per ton. It is noted that Iran’s neighbors, including Saudi Arabia, the UAE, and Bahrain, are major aluminum producers. According to AZ China, the Middle East accounts for about 9% of global production of this metal.

Earlier, the Experts Club analytical center presented an analysis of the world’s leading gold-producing countries in its video on YouTube channel — https://youtube.com/shorts/DWbzJ1e2tJc?si=BywddHO-JFWFqUFA

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Purchase prices for milk have fallen below cost — industry is in crisis

The Ukrainian dairy industry has entered its deepest crisis in recent years due to purchase prices falling below cost, creating the risk of a 20% loss in industrial milk production by the end of 2026, said Olena Zhupinas, deputy director general of the Association of Milk Producers (AMP), at a round table of the parliamentary committee on agricultural and land policy.

According to the association’s data, in 2025-early 2026, purchase prices for raw milk fell by 23% and in February averaged 13.5 UAH/kg (excluding VAT), while direct operating costs exceeded 16 UAH/kg. Even highly efficient industrial farms with 1,000-1,200 cows have been accumulating more than UAH 1 million in losses every month for the fourth month in a row.

“The dairy industry is entering its deepest crisis in recent years. Without prompt decisions in 2026, we risk losing part of our production capacity, which will be extremely difficult to restore after the war. For producers, the decision on support before the start of the sowing season is a choice: to sow feed and keep the herd or to curtail production,” the AVM press service quoted Jupinas as saying.

To stabilize the situation, the AVM proposes introducing a special subsidy of UAH 8,000 per cow for industrial farms with 50 or more head of cattle. The potential volume of this program is estimated at EUR 62 million. Without such assistance, by the end of 2026, the country could lose 500-600 thousand tons of milk, which is almost 20% of industrial production.

The second initiative is to create fair market conditions by regulating unfair trade practices by chains. Today, the financial risks of retail are shifted to producers and processors, which directly affects the purchase price. Without legislative changes, it is impossible to stabilize the “farm-processing-trade” chain.

The association also emphasizes the need to stimulate demand through public procurement, which should focus on domestic producers. In particular, the launch of the “School Milk” program for 4.4 million schoolchildren will ensure guaranteed sales of 195,000 tons of milk per year, which is about 5% of the processing volume.

“The position of the UMA is not a request for preferences, but a response to the scale of the challenges. 2026 will be a turning point: either decisions will be made now, or the losses that can still be avoided today will cost the state much more tomorrow,” the industry association concluded.

Ministry of Youth and Sports has published ranking of best sports facilities in Ukraine for 2025

The Ministry of Youth and Sports has published a ranking of the best physical culture and sports facilities in Ukraine based on the results of 2025.

“The assessment was based on the results of athletes’ participation in official international and all-Ukrainian sports competitions in 2025. The ranking includes 111 specialized Olympic reserve youth sports schools, 112 youth sports schools (among the five best in each region and the city of Kyiv), 33 schools of higher sportsmanship, 17 specialized sports education institutions, and 15 Olympic training centers,” the ministry said in a statement.

In particular, among the best specialized children’s and youth sports schools of the Olympic reserve are: Deryugin Children’s and Youth Sports School (Kyiv City Council), Sumy Regional Children’s and Youth Sports School “Dynamo” (Sumy Regional Council), and Vinnytsia Regional Children’s and Youth Sports School for Field Hockey “Olimpiya” (Vinnytsia Regional Council).

The best children’s and youth sports schools: Aqualider Children’s and Youth Sports School (Kyiv City State Administration), Brovary Children’s and Youth Sports School for Wushu and Martial Arts (Brovary City Council, Kyiv Region), and Karlivka Children’s and Youth Sports School (Poltava Region).

Best schools of higher sportsmanship: Kyiv School of Higher Sportsmanlike Conduct, Lviv Regional Council School of Higher Sportsmanlike Conduct, and Kyiv City School of Higher Sportsmanlike Conduct.

Best sports colleges: Lviv Sports College (Lviv Regional Council), Ivan Piddubny Olympic College (National University of Physical Education and Sports of Ukraine), and Kharkiv Sports College (Kharkiv Regional Council).

The best sports lyceums: Kyiv Regional Lyceum of Physical Culture and Sports (Kyiv Regional Council), Kyiv Sports Lyceum, and Ivano-Frankivsk Sports Lyceum (Ivano-Frankivsk Regional Council).

The best Olympic training centers: State Center for Olympic Training in Winter Sports (Ivano-Frankivsk region), Olympic Training Center (Kyiv Regional Council), and State Center for Olympic Training in Synchronized Swimming and Diving (Kyiv).

It is noted that in the overall ranking among regions, the Department of Youth and Sports of the Kyiv City State Administration took first place, Kharkiv region took second place, and Lviv region took third place.

Detailed results of the ranking can be found at: https://mms.gov.ua/npas/pro-zatverdzhennia-reitynhu-z-olimpiiskykh-ta-neolimpiiskykh-vydiv-sportu-v-ukraini-za-2025-rik

As reported, in 2024, the ranking of the best physical education and sports institutions included: Regional Specialized Children’s and Youth Sports School of the Olympic Reserve-2 (Kirovohrad Regional State Administration), Brovary Children’s and Youth Sports School of Wushu and Martial Arts (Brovary City Council, Kyiv Region), Kyiv School of Higher Sports Mastery, Lviv Professional College of Sports (Lviv Regional Council), Kyiv Regional Lyceum of Physical Culture and Sports (Kyiv Regional Council).

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