From January through September 2026, Ukraine exported insulated wires and cables, including fiber-optic products, worth $1.065 billion, maintaining shipment volumes at virtually the same level as the same period last year.
According to data from the State Customs Service, Germany remains the largest market for Ukrainian cable products. Over the nine-month period, shipments to this country totaled $348.7 million, down 2.8% compared to January–September 2025.
Germany’s share of Ukraine’s total exports of wires and cables decreased by approximately 1 percentage point—to 32.7%—but the country continues to account for nearly one-third of the industry’s total export revenue.
Poland ranks second, with Ukraine supplying $177.1 million worth of products, compared to $168.1 million a year earlier. Thus, exports to Poland increased by approximately 5.4%.
Hungary retained its third position with purchases totaling about $172 million, virtually unchanged from last year’s figure of $172.3 million.
The three largest European markets—Germany, Poland, and Hungary—accounted for a total of nearly $698 million in January–September, or about 65.5% of Ukraine’s total exports of wires and cables.
In September, exports of these products totaled $122.7 million. Compared to September of last year, this figure decreased by 6.6%, but compared to August 2026, it increased by 26%.
The cable industry remains one of the most prominent export-oriented segments of Ukraine’s machine-building and component manufacturing sectors. A significant portion of the products is supplied to companies in the European automotive, electrical engineering, and industrial sectors.
For the full year 2025, Ukraine increased its exports of insulated wires and cables by 10.6%—to $1.41 billion. If shipment rates in the fourth quarter remain close to last year’s levels, the annual export volume in 2026 may also remain at around $1.4 billion.
In Kyiv region, the production and warehouse facilities of KSM Protec, a manufacturer of lubricants under the PROTEC brand, were completely destroyed as a result of two consecutive Russian drone attacks on October 10 and 11.
The company itself confirmed the information on its official website. The company reported that the strikes resulted in the destruction of production premises, technological equipment and infrastructure, after which production operations were completely halted.
“This is not simply the loss of production premises, technological equipment and infrastructure. Behind the enterprise were years of work, significant investments, a professional team, accumulated experience and technological processes that ensured the production of Ukrainian products,” the company stated.
KSM Protec specialized in the production of lubricants, motor oils and automotive chemicals. The company manufactured products under the PROTEC, KSM, KSM Lubes, Temol, Enrol, S Power and Oil Doctor brands, and also produced goods under customers’ trademarks.
The enterprise is located in Klavdiievo-Tarasove, Bucha district, Kyiv region. According to public registers, KSM Protec LLC was registered in 2011.
The company has not yet disclosed an estimate of the damage, a possible timeline for restoring production or information about injured employees.
Source: official website of KSM Protec
The Kyiv Business Center has begun operations in the Ukrainian capital, with the aim of ensuring a permanent presence of British companies in the country and deepening industrial ties between the two nations, according to the UK government’s press service.
The hub was established through close collaboration between the National Armaments Director (NAD) Group, industrial partners, and the UK financial sector as part of the “100-Year Partnership” initiative.
“The KBC provides British companies, particularly small and medium-sized enterprises (SMEs), with a base from which they can build trusting relationships with Ukrainian partners, obtain information on the situation on the battlefield, and pursue opportunities for joint development, co-production, and investment,” the statement reads.
It is noted that, until now, the cost, security requirements, and administrative complexity of doing business in Ukraine have made it difficult for small firms to establish a presence in the country.
Luke Pollard, Minister for Defense Readiness and Industry, commenting on the center’s opening, stated that KBC will help unlock new opportunities for investment, growth, and long-term recovery.
“By supporting British companies in Kyiv, we are deepening our ‘100-year partnership’ and turning our shared determination into shared innovation,” he emphasized.
The KBC’s operating model is based on three principles: industry, innovation, and investment, providing members with access to a networking platform that helps forge partnerships, attract investment, and expand production and capacity.
National Director of Armaments Rupert Pierce met with leading industry representatives and small and medium-sized businesses to mark the launch of the center, which brings together British and Ukrainian industry.
“This new facility is not just a center; it is a permanent channel that transforms the UK’s ability to collaborate fruitfully with our Ukrainian partners, both now and in the long term. Until now, costs, security concerns, and other restrictions caused by Russia’s full-scale invasion have made it difficult for companies—especially small ones—to operate in Ukraine. Our previous trade missions successfully addressed some of these challenges—this center removes these barriers by providing British companies with a permanent presence in Kyiv, opening up real opportunities for innovation, investment, and exports,” he emphasized.
The center’s operating model builds on more than 40 existing major industrial partnerships between the United Kingdom and Ukraine, as well as on the success of the UK Ministry of Defense’s trade missions to Ukraine. KBC also supports Ukrainian companies seeking British industrial partners or establishing subsidiaries in the United Kingdom.
In 2026, the Ministry of Economy and Environment of Ukraine decided to provide state funding for infrastructure development to nine industrial parks totaling 557 million UAH, and will soon review applications from the “Uzhhorod” and “Khust” industrial parks for 120 million hryvnias, according to Dmytro Kysilevsky, deputy chairman of the parliamentary committee on economic development.
“In 2026, decisions have already been made regarding nine industrial parks totaling 557 million hryvnias. Among them are the Transcarpathian industrial parks ‘Tyachiv’ and ‘Friendly Wind Technology.’ Applications from the “Uzhhorod” and “Khust” industrial parks, totaling 120 million hryvnias, will also be reviewed in the near future,” he wrote on Facebook following a meeting held on Wednesday with the initiators and management companies of Transcarpathia’s industrial parks.
Kysilevsky noted that the state provides funding for the development of industrial infrastructure in industrial parks on a 50:50 co-financing basis; recipients are also required to build at least 5,000 square meters of industrial space and attract at least two tenants.
He noted that prior to the full-scale invasion, there was only one industrial park in the Zakarpattia region, but now there are already 12, and three more are preparing to apply for registration by the end of 2026.
“The security factor has become the main draw for industrial investment in the region. In terms of the number of industrial parks, the region is already among the top three, behind Kyiv and Lviv regions, and has well-founded ambitions to become a leader. There are 13 factories that have been built or are under construction in Transcarpathian industrial parks. They already provide jobs for about 2,000 workers,” the MP emphasized.
Kysilevsky also announced the start of construction on new production facilities in the industrial parks of Uzhhorod, Khust, and Svalyava.
As previously reported, as of September of this year, 125 industrial parks had been registered in Ukraine across nearly all regions. By the end of 2025, 37 industrial enterprises had been built or were under construction in these industrial parks. The total amount of investment attracted to the industrial parks exceeds 45 billion hryvnias.
government support, INDUSTRIAL PARK, INDUSTRY, INVESTMENT, UKRAINE
Ukrainian steel mills produced 277,000 metric tons of steel in August 2026, which is 2.3 times less than in August of last year, when output totaled 649,000 metric tons.
Compared to July of this year, when 457,000 metric tons of steel were produced, August’s figure fell by another 39.4%.
Amid this sharp drop in output, Ukraine fell to 33rd place among the 70 steel-producing countries tracked by World Steel, the global steel industry association.
As recently as July 2026, Ukraine was ranked 26th, and in August 2025, it held the 21st position.
Thus, in just one year, the country lost 12 positions in the monthly global ranking.
At the same time, the results for the first eight months look better than those for August. From January through August 2026, Ukraine produced 4.30 million metric tons of steel, which is 12.5% less than the 4.91 million metric tons produced during the same period last year.
In terms of cumulative production over eight months, Ukraine ranks 24th in the world.
By comparison, for the full year of 2025, Ukraine produced 7.41 million metric tons of steel—2.2% less than in 2024—and ranked 21st among global producers.
Thus, August became one of the weakest months for the Ukrainian steel industry in 2026: production was 40% lower than in July and less than half of last year’s level.
The decline in Ukraine is occurring much faster than the global trend: in August, global steel production fell by only 1.2%, to 144.2 million metric tons, and for January–August, by 0.7%, to 1.225 billion metric tons.
The Lviv Ventilation Plant (LVP) has completed construction of the second phase of its production facilities and plans to install equipment by the end of 2026 that will allow the plant to double its production volume, according to Dmytro Kysilevsky, deputy chair of the parliamentary committee on economic development.
“The Lviv Ventilation Plant has completed construction of the second phase of its production facilities. The equipment has already been purchased and, according to the plan, will be installed by the end of 2026. The investment in the plant’s second phase totaled approximately $1.5 million,” he wrote on Facebook on Wednesday.
Kisilevsky noted that to implement the project, the plant utilized tools from the “Made in Ukraine” policy, specifically the “5-7-9” affordable loan program, as well as a grant for equipment for the processing industry. In addition, the plant is preparing to participate in the state program that compensates 15% of the cost of Ukrainian-made equipment.
According to the MP, in 2025, production volumes at the Lviv Ventilation Plant increased by 30% and have remained at the same level this year.
“The company has a full production cycle and currently processes about 55 metric tons of sheet metal per month. Investments totaling $2.5 million are planned for the construction of the plant’s third phase,” he added.
Kysilevsky also noted that the plant’s investors previously engaged in importing ventilation equipment but have now shifted their focus to developing production in Ukraine—the launch of the plant’s first phase, with investments of approximately $1 million, took place in 2022, a few months after the full-scale invasion.
The Lviv Ventilation Plant manufactures air ducts, sound absorbers, and components for ventilation systems designed for use in industry, retail, hotels, and business centers.
According to data from YouControl, in 2025 the plant increased its net sales revenue by 20% compared to the previous year—to 50.1 million UAH—while net profit decreased by 34.6%—to 1.6 million UAH. In the first half of this year, net revenue amounted to 19.6 million UAH, and net profit was 0.71 million UAH.
Serhiy Vozgomenchuk, a resident of the Rivne region, owns 100% of the company’s shares and serves as its CEO.
