Business news from Ukraine

Business news from Ukraine

Ukrainian grain exports exceeded 25 mln tons since beginning of season – Ministry of Agrarian Policy

As of January 29, Ukraine exported 25.353 mln tonnes of grains and pulses since the beginning of 2024/25 marketing year (July 2024 – June 2025), of which 3.121 mln tonnes were shipped this month, the press service of the Ministry of Agrarian Policy reported citing the data of the State Customs Service.
It is noted that as of January 30 last year, the total shipments amounted to 23.146 million tons, including 4.582 million tons in January.
In the current season, Ukraine has already exported 10.7 mln tonnes of wheat (9.027 mln tonnes in 2023/24 MY), 2.064 mln tonnes of barley (1.4 mln tonnes), 10.8 thsd tonnes of rye (1 thsd tonnes), and 12.166 mln tonnes of corn (12.465 mln tonnes).
As of January 29, the total exports of Ukrainian flour in the current season are estimated at 43.3 thsd tonnes (52 thsd tonnes in 2023/24 MY), including 39.9 thsd tonnes of wheat (48.6 thsd tonnes).

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Prices for Ukrainian soybeans may rise in February due to weather risks in Brazil – analysts

The global soybean market is still in stable demand, and Brazil and the United States remain the key players and competitors of Ukrainian soybeans, according to the analytical cooperative “Pusk”, created within the framework of the Ukrainian Agrarian Council.

“The price of soybeans in Chicago is growing, which is a signal for the physical market. The soybean deficit is not expected in the world, but the weather conditions in Brazil add to the tension. Problems with precipitation and moisture content of the crop may reduce the quality of the grain, which will push prices up,” the experts said.

According to the analysts’ forecasts, in February Ukraine is expected to see the price at $400-405 per ton on CPT terms. At the same time, Ukrainian processors are currently unable to offer high purchase prices due to lower prices for rapeseed and sunflower.

Nevertheless, the market is supported by export demand. The situation on the soybean market remains dynamic, and weather conditions may become one of the key factors in determining prices, analysts say.

DIM has completed monolithic works in Kyiv’s Olegiv Boutique Residence complex

DIM has completed monolithic works in the capital’s Olegiv Boutique Residence, and the project is scheduled to be fully completed in the second quarter of 2026, its press service told Interfax-Ukraine.

The release says that a flower has symbolically opened its petals on the roof of the building, which is how builders traditionally inform that the main structure is ready, and therefore the project is moving on to the next stage – facade, interior, and finishing work.

OLEGIV Boutique Residence (36 Olehivska St.) is the first premium-class building in Ukraine in the Art Boutique Residence format, and the developer aims to combine the concept of European boutique hotels with the artistic background of the capital’s Podil. The complex consists of one building with a height of 5-8 floors, with 208 apartments. The project envisages the arrangement of a closed courtyard free of cars and a spacious underground parking lot for 102 parking spaces with electric car chargers.

The building is equipped with an independent power supply system that ensures constant operation of elevators and lighting in the corridors, as well as an access control system. Heating will be provided by an in-house gas boiler house.

Founded in 2014, DIM Group specializes in a full cycle of development, including design, construction, and real estate management. During this time, the company has commissioned 15 buildings in eight residential complexes, a total of 3,640 apartments, and built more than 332.7 thousand square meters of residential and commercial space. In 2024, DIM commissioned 1191 apartments in three residential complexes: “New Autograph, Lucky Land and Park Lake City. Six comfort+ and business class residential complexes are under construction: “Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil, The One.

Cabbage prices in Ukraine have reached record high

Prices for white cabbage in Ukraine have once again started to rise this week. According to the daily monitoring data of the EastFruit project, by the end of January, many producers have sold out most of their stocks. In addition, there are almost no medium and low quality vegetables left on the market.

Thus, today the selling prices for white cabbage in farms have already risen to UAH 34-40/kg ($0.81-0.95/kg), depending on the quality and volume of offered batches of products, which is on average 15% more expensive than at the end of the last working week. It is cabbage that again topped the rating with the highest prices among all items of borscht set in Ukraine!

Given the rapid decline in cabbage stocks in farms, farmers began to restrain sales of quality vegetables, which led to another price hike this week. This information is confirmed by wholesale companies, which note a general reduction of cabbage offers on the market.

It should be noted that today the prices for white cabbage in Ukraine are already on average 3.7 times higher than in the same period last year. At the same time, the majority of market participants do not exclude the possibility of further rise in prices for this product, and, in their opinion, the rate of price growth will accelerate as the stock of this product in households is reduced.

You can get more detailed information about the market development of white cabbage and other horticultural products in Ukraine by subscribing to the operative analytical weekly – EastFruit Ukraine Weekly Pro. Detailed information about the product can be found here.

Source: https://east-fruit.com/novosti/czeny-na-kapustu-v-ukraine-dostigli-novyh-rekordnyh-40-grn-kg/

DTEK Kyiv Grids invested UAH 1 bln in grid modernization

Over the past year, DTEK Kyiv Grids has repaired and reconstructed 797 power facilities and 62 km of power lines and carried out 5,000 repairs of cable lines, investing almost UAH 1 billion in these projects.

“This helped to increase the resilience of the capital’s power grids to the challenges of enemy attacks and lay the foundation for a successful heating season,” the company said on its website on Wednesday.

According to the company, to prevent possible accidents, DTEK Kyiv Electricity Networks specialists carried out routine and emergency measures, in particular, repaired more than 46 km of power lines and 731 power facilities, and cleared more than 158 km of routes under power lines to prevent wire breakage due to bad weather.

Implementing its own investment program, which involves the overhaul of existing facilities or the construction of new ones, DTEK Kyiv Grids reconstructed one high-voltage substation, eight distribution points, 44 transformer points and 15 kilometers of cable networks in 2024. In addition, the company upgraded 13 high-voltage substations.

Thus, the quality and reliability of electricity supply was improved for 70 thousand families in the capital.

“Despite the challenges of wartime, we keep our existing electrical equipment in good working order and maintain it on time. We are also gradually implementing a program of technical re-equipment and modernization. In particular, in 2024, we allocated almost UAH 1 billion for such projects,” said Denys Bondar, CEO of DTEK Kyiv Grids.

In 2024, the company’s specialists also installed almost 39 thousand smart meters in the homes of Kyiv residents.

As reported earlier, in 2024, DTEK Grids’ distribution system operators repaired and reconstructed 14.1 thousand kilometers of power lines and more than 6 thousand power facilities, which is 80% more than in 2023.

“DTEK Grids is developing the electricity distribution and power grid operation business in Kyiv, Kyiv, Dnipro, Donetsk and Odesa regions. The company’s DSOs serve 5.5 million households and 158,000 enterprises.

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“ArcelorMittal Kryvyi Rih” is expanding range of steel billets for export

ArcelorMittal Kryvyi Rih’s Kryvyi Rih Mining and Metallurgical Plant (AMKR, Dnipro region) has mastered the production of a new type of billets with a size of 160×160 mm in the continuous casting department of its converter shop to increase exports.

As reported in the corporate newspaper Metallurg, until recently, the department’s product mix was limited to 130×130 and 150×150 mm square billets. The new product was launched due to its economic advantages and export potential, as the 160×160 mm size is used by rolling mills in many countries.

The project was successfully implemented thanks to careful calculations, equipment modernization and well-coordinated teamwork. These products will enable the production of heavier rebar coils, which will reduce transportation costs and increase the company’s competitiveness.

The company explains that VBRS products are steel billets used in rolling mills to make rebar, wire rod, angles and other rolled products. And the billets themselves are in demand on the market.

“Rebar in coils is currently in demand on global markets. Our DS 250-4 mill produces bobbins in coils up to 2 tons. And 30 such coils can be placed in a railroad car, i.e. 60 tons. If we increase the weight of the coils, we can transport up to 67 tons of products in a railroad car. This means that we can save a lot of money on transportation, which is especially important given that transportation prices are rising. That’s why we needed more massive billets to produce heavier coils,” said Igor Smolev, Deputy Director of the Rolling Department for Technology and Quality.

In turn, Dmitry Terekhov, Director of the Iron and Steel Production Department, said that the second good reason to start manufacturing new products was that many rolling mills in the world, in particular in Germany and Poland, use 160×160 mm billets, so this is a very promising product right now.

“Together with the technical department, we explored the possibilities of producing the billets in demand and found that it was possible, despite the fact that our continuous casting machines (CCMs) were not designed for this. We decided to use CCM-1 because it produced only 150 mm squares, while the first and second machines produce both 150 mm and 130 mm. The first machine is also used for closed jet casting, so it is on this machine that we produce the vast majority of billets from high value-added steel grades (high-alloy, low-carbon, etc.),” Terekhov stated.

“ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specializes in long products, including rebar and wire rod. The company has a full production cycle and its production capacities are designed to produce over 6 million tons of steel, over 5 million tons of rolled products and over 5.5 million tons of pig iron annually.

ArcelorMittal owns the largest mining and metallurgical plant in Ukraine, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Berislav.

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