Metinvest Shipping, the logistics division of the Metinvest Group, saw its net profit fall by a factor of 2.4 in January–September of this year compared to the same period last year, down to 46.808 million UAH.
According to the company’s interim report, which is available to the Interfax-Ukraine news agency, the company posted a loss of 19.028 million UAH in the third quarter.
Revenue from ordinary operations for this period decreased by 5.9% to 1 billion 649.530 million UAH.
Retained earnings as of the end of September amounted to 1,598.169 million UAH.
As previously reported, Metinvest Shipping posted a net profit of 32.945 million UAH in the first quarter of 2026, compared to a net loss of 32.944 million UAH for the same period last year. Revenue from ordinary activities decreased by 5.1% to 492.388 million UAH.
In the first half of the year, Metinvest Shipping doubled its profit compared to the same period last year, reaching 65.836 million UAH, while revenue decreased by 11% to 1 billion 39.227 million UAH.
In 2025, the LLC reported a net profit of 165.097 million UAH, whereas in 2024 it had a net loss of 67.393 million UAH. At the same time, revenue from ordinary activities decreased by 8.1%—to 2,290.835 million UAH from 2,492.714 million UAH.
The number of employees as of the end of 2025 was 263, compared to 261 as of the end of 2024.
The LLC ended 2024 with a loss of 67.393 million UAH, compared to a loss of 729.472 million UAH in 2023.
Metinvest Shipping LLC has been part of the Metinvest Group since 2006. It has branches in Mariupol (operations temporarily suspended) and Odesa. The company’s activities cover the full range of freight transportation services: organizing road and rail transport, customs clearance, freight forwarding, ship agency services, and chartering of the maritime fleet.
Metinvest Holding LLC owns a 100% stake in Metinvest Shipping LLC.
The LLC’s authorized capital is 25.012 million UAH.
“Metinvest” is a vertically integrated group of mining and metallurgical enterprises. Its facilities are located in Ukraine—in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions—as well as in European countries. The holding company’s main shareholders are the SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.
In its November forecast, the U.S. Department of Agriculture (USDA) reduced its estimate for Ukrainian corn exports in the 2026/27 marketing year (MY) by 2 million metric tons compared to October—to 20 million metric tons—while maintaining its production forecast at 31.8 million metric tons.
The relevant data is presented in the World Agricultural Supply and Demand Estimates (WASDE) report, released on November 10, 2026.
According to the report, the reduction in projected exports is accompanied by a significant increase in expected corn stocks in Ukraine.
Specifically, the USDA raised its estimate of ending stocks for the 2026/27 marketing year from 5.53 million to 7.53 million metric tons, or by 36.2%.
For comparison, corn stocks at the start of the current marketing year stood at 2.92 million metric tons. Thus, according to the USDA’s forecast, they could increase approximately 2.6-fold by the end of the season.
U.S. analysts estimate domestic consumption of Ukrainian corn at 7.2 million metric tons, including 5.5 million metric tons for feed purposes. Both figures remained unchanged compared to the October forecast.
The USDA cites restrictions on the supply of Ukrainian agricultural products to foreign markets as the main reason for the downward revision of its export estimate.
The report notes that the war in the Black Sea region and the associated logistical difficulties continue to affect international grain trade.
Globally, the USDA lowered its forecast for corn trade in the 2026/27 marketing year from 210.72 million to 209.38 million metric tons.
In addition to Ukraine, export forecasts have been reduced for the United States and India. At the same time, an increase in shipments is expected from Argentina, for which the export estimate has been raised from 38 million to 40 million metric tons.
The United States remains the world’s largest corn exporter with a projected volume of 83.19 million metric tons, while Brazil is expected to export 43 million metric tons.
With a forecast of 20 million metric tons, Ukraine remains one of the world’s leading suppliers of this crop.
The USDA estimates global corn production in the 2026/27 marketing year at approximately 1.292 billion metric tons, with ending stocks at 281.94 million metric tons.
The growth in corn stocks in Ukraine is occurring against the backdrop of a stable harvest forecast; however, actual export volumes will depend on the operation of seaports, rail and road logistics, as well as demand in international markets.
For corn, the marketing year in Ukraine runs from October to September of the following year.
Source: USDA, World Agricultural Supply and Demand Estimates, November 10, 2026, p. 23 (PDF).
In its November forecast, the U.S. Department of Agriculture (USDA) reduced its estimate for Ukrainian corn exports in the 2026/27 marketing year (MY) by 2 million metric tons compared to October—to 20 million metric tons—while maintaining its production forecast at 31.8 million metric tons.
The relevant data are presented in the World Agricultural Supply and Demand Estimates (WASDE) report, released on November 10, 2026.
According to the report, the reduction in projected exports is accompanied by a significant increase in expected corn stocks in Ukraine.
Specifically, the USDA raised its estimate of ending stocks for the 2026/27 marketing year from 5.53 million to 7.53 million metric tons, or by 36.2%.
For comparison, corn stocks at the start of the current marketing year stood at 2.92 million metric tons. Thus, according to the USDA’s forecast, they could increase approximately 2.6-fold by the end of the season.
U.S. analysts estimate domestic consumption of Ukrainian corn at 7.2 million metric tons, including 5.5 million metric tons for feed purposes. Both figures remained unchanged compared to the October forecast.
The USDA cites restrictions on the supply of Ukrainian agricultural products to foreign markets as the main reason for the downward revision of its export estimate.
The report notes that the war in the Black Sea region and the associated logistical difficulties continue to affect international grain trade.
Globally, the USDA lowered its forecast for corn trade in the 2026/27 marketing year from 210.72 million to 209.38 million metric tons.
In addition to Ukraine, export forecasts have been reduced for the United States and India. At the same time, an increase in shipments is expected from Argentina, for which the export estimate has been raised from 38 million to 40 million metric tons.
The United States remains the world’s largest corn exporter with a projected volume of 83.19 million metric tons, while Brazil is expected to export 43 million metric tons.
With a forecast of 20 million metric tons, Ukraine remains one of the world’s leading suppliers of this crop.
The USDA estimates global corn production in the 2026/27 marketing year at approximately 1.292 billion metric tons, with ending stocks at 281.94 million metric tons.
The growth in corn stocks in Ukraine is occurring against the backdrop of a stable harvest forecast; however, actual export volumes will depend on the operation of seaports, rail and road logistics, as well as demand in international markets.
For corn, the marketing year in Ukraine runs from October to September of the following year.
Source: USDA, World Agricultural Supply and Demand Estimates, November 10, 2026, p. 23 (PDF).
As part of the large-scale WINHUB project to develop European Class A logistics facilities in Ukraine—implemented by TERWIN Corporation—the company has received a permit to begin construction of the Class A Winhub Kyiv Airport logistics park, located in the Boryspil district of Kyiv Oblast, according to the company’s press service.
“WINHUB is consistently implementing its strategy to develop a network of next-generation logistics parks and continues to prepare for the construction of new facilities. Today, we are focused on the necessary preparatory processes: project design, expert reviews, and obtaining permits. We are convinced that under current conditions, this is the most effective operational model. Our goal is to prepare the sites as thoroughly as possible today so that we can begin construction without delay as soon as security conditions in the country allow,” said Yana Levitan, CEO of WINHUB.
The permit was obtained on November 2, 2026, through the Unified State Electronic System for Construction (USESC) within the ten-day period established by law. The permit provides for the construction of the first building of the production and warehouse complex with a total area of 48,167 square meters, which will consist of two initial phases with areas of 24,954 square meters and 23,213 square meters, respectively. Project Line LLC serves as the general designer of the project, and Base Bud LLC has been designated as the general contractor. According to the website, the total area of Winhub Kyiv Airport is planned to be 160,580 square meters.
The overall concept of WINHUB involves creating a network of LEED-certified Class A logistics parks totaling 1 million square meters in strategic logistics locations across Ukraine. Currently, according to the project’s website, the portfolio includes three sites—one in the Odesa region and two in the Kyiv region. According to the announced plans, by 2032, thanks to WINHUB, modern logistics parks with a total area of 1 million square meters will be operational in Ukraine. The estimated investment volume is $700 million.
As of November 6, 2026, offer prices for imported liquefied gas at the Polish-Ukrainian border exceeded $1,500 per metric ton, while at southern border crossings, the wholesale price of the resource approached a similar level.
The A-95 Consulting Group reported this on November 6, noting that the price increase is linked to a reduction in global propane and butane supply, changes in international trade flows, and rising logistics costs.
According to analysts, the deterioration of the situation in the global liquefied petroleum gas (LPG) market is driven by reduced production in the Persian Gulf countries and disruptions to maritime shipments resulting from attacks on civilian vessels.
This has led to a decline in exports from the Middle East, which traditionally supplies a significant portion of Asian consumers’ needs.
As a result, Asian countries have intensified competition with European importers for American liquefied gas, causing a further increase in international prices.
According to “A-95,” in October 2026, 568,000 metric tons of liquefied natural gas were shipped from the U.S. to Northwestern Europe, which is 17% less than during the same period last year.
Amid the supply shortage, October prices for propane in the region rose by $173 per metric ton, while butane prices increased by $345 per metric ton.
A similar trend is observed in the Mediterranean market, where prices set by the Algerian energy company Sonatrach remain one of the key price benchmarks.
Specifically, in October, Sonatrach’s propane prices rose by $155 per metric ton, while butane prices increased by $300 per metric ton.
For Ukraine, the situation is complicated by a shortage of the resource in the markets of neighboring European countries, primarily Romania, Poland, and Lithuania.
These countries remain the main sources of imported automotive gas, so the rise in their domestic prices directly affects the purchase cost of fuel for Ukrainian traders.
Additional factors driving up prices include security risks associated with maritime transport in the Black Sea and long wait times for road transport at border crossings.
According to estimates by “A-95,” current wholesale prices are setting the stage for a further increase in the retail price of autogas in Ukraine.
In October, the average price of this fuel at Ukrainian gas stations rose by 13.75 UAH/liter to 57.66 UAH/liter, and by early November, it had approached 60 UAH/liter.
Experts do not rule out that in the second half of November, prices at certain gas station chains could reach 66 UAH/liter if high import prices persist.
Sonatrach is Algeria’s state-owned oil and gas company and one of Africa’s leading producers and exporters of energy resources. Its price benchmarks for propane and butane are used by participants in the Mediterranean liquefied gas market.
The national postal operator, Ukrposhta, reported a net loss of 78.15 million UAH in the third quarter of 2026, which is 48.5% less than in the same period last year, while the plan was to reduce the loss to 42.87 million UAH, according to the company’s interim financial report.
According to the report, in July–September, “Ukrposhta” increased its revenue by 14.4% compared to the same period in 2025, reaching 3.4519 billion UAH; however, this figure was 3.5% below the target of 3.5782 billion UAH.
“Compared to the same period last year, there has been revenue growth in the segments of letter mail, parcels, money transfers, and retail,” Ukrposhta noted.
It is noted that EBITDA for the reporting period amounted to 205.17 million UAH, compared to 100.3 million UAH in the third quarter of 2025, while the plan called for 158.24 million UAH.
The national postal operator added that in the third quarter of this year, the company handled 12.5 million domestic and international items of written correspondence (compared to 19.6 million in the third quarter of 2025), 9.9 million parcels (10.2 million), and 15.8 million payments (20.8 million).
The report specifies that the average number of full-time employees during the reporting period was 25,500 (27,100 in the third quarter of 2025), and the average salary was 20,900 UAH (18,500 UAH).
According to the document, as of today, “Ukrposhta” has 7,100 customer service locations, including 1,900 mobile post offices.
The company also noted that in the third quarter, it continued to expand its network of parcel lockers and develop its logistics infrastructure and IT systems, as well as expand digital services for customers, particularly the “Ukrposhta.Apteka” service. The on-time delivery rate for mail items was 98%.
The national postal operator noted that in the fourth quarter, it plans to continue investing in digital services by expanding the functionality of the “Ukrposhta 2.0” mobile app, specifically by launching a full-fledged marketplace, a CRM system, and independent customer service channels.
The company also plans to scale its logistics solutions, including the deployment of new parcel lockers in the regions and the optimization of delivery routes.
In the fourth quarter, plans call for strengthening the energy independence of the postal infrastructure in preparation for the coming winter.
As previously reported, Ukrposhta increased its revenue by 4.2% in the first half of this year—to 6.776 billion UAH—and posted a net profit of 92 million UAH, compared to a net loss of 312 million UAH in the first half of last year.
