In January-September 2025, the manufacturer of agricultural equipment and special-purpose machinery, JSC “Fregat Plant” (Pervomaisk, Mykolaiv region), increased its losses by 21% compared to the same period in 2024, to UAH 50.3 million.
According to the company’s financial report published in the information disclosure system of the National Securities and Stock Market Commission, net sales revenue decreased 3.8 times to UAH 35.2 million.
The company received UAH 10.5 million in gross profit (a year ago – UAH 50.7 million), and the loss from operating activities amounted to UAH 33.3 million, compared to a profit of UAH 16.3 million in January-September 2024.
“During the reporting period, the company focused its efforts on maintaining its customer base, supporting long-term partnerships with counterparties, and ensuring the economical and rational use of funds,” the report says.
The Fregat plant notes that the degree of utilization of fixed assets in the reporting period was 20%.
According to the plant, in the third quarter, the production of agricultural machinery for crop production accounted for 5.5% of the total volume of commercial products, and equipment for the processing industries of the agro-industrial complex accounted for 1.6%, while other types of products accounted for 92.9%.
The average salary in the third quarter of 2025 was 12.5% lower than in the same period of 2024, at UAH 10,900.
The Fregat plant specializes in the production of irrigation systems, road barriers, metal structures, as well as machine-building products and special-purpose machines.
As of October 1, 2025, it had an average of 126 employees, with 85 at the Eastern branch and 10 at the Dnipro branch (both in Pervomaisk).
As reported, in 2024, the plant increased its losses by 58% compared to 2023, to UAH 60.4 million, while its net income increased by 34.6%, to UAH 188.6 million.
The Unisteel plant (Kryvyi Rih, Dnipropetrovsk region), which produces galvanized cold-rolled flat products and is part of the Metinvest Group, incurred a net loss of UAH 6.389 million in January-September this year, compared to UAH 196.913 million in the same period last year.
According to the company’s interim report, which is available to the Interfax-Ukraine agency, its profit in the third quarter of 2025 amounted to UAH 37.532 million.
Revenue for this period increased by 0.3% to UAH 2 billion 653.726 million.
The uncovered loss at the end of September amounted to UAH 1 billion 46.731 million.
The LLC ended 2024 with a loss of UAH 363.768 million, while in 2023 this figure was UAH 255.057 million.
The main products manufactured by the plant are galvanized flat rolled products with a thickness of 0.40 mm to 2.50 mm, a width of 600 to 1250 mm, and a coating class (Zn) of 60-275 g/m². The volume of finished product sales in 2024 and 2023 amounted to 113,321 thousand tons and 72,500 thousand tons, respectively. In 2024, 37,917 thousand tons (32.46%) were exported and 75,404 thousand tons (66.54%) were sold on the domestic market.
In 2024, the company employed 144 people.
The Unistil plant, which produces cold-rolled galvanized flat products with a capacity of over 100 thousand tons per year, was built in 2007-2010. It is equipped with equipment from Dongbu Machinery Co., LTD (South Korea).
The authorized capital of Unistil LLC is UAH 6.01 million.
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 European countries. The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
The Kametstal plant, part of the Metinvest mining and metallurgical group, established on the premises of the Dniprovsky Metallurgical Combine (DMK, Kamianske, Dnipropetrovsk region), earned a net profit of UAH 1 billion 345.153 million in January-September this year, while the same period in 2024 ended with a net loss of UAH 625.830 million.
According to the company’s interim report, available to the Interfax-Ukraine agency, profit in the third quarter amounted to UAH 711.232 million.
Net income for this period increased by 9% to UAH 42 billion 454.272 million.
The uncovered loss at the end of September amounted to UAH 493.835 million.
The plant ended 2024 with a loss of UAH 237.705 million, while in 2023 it amounted to UAH 912.333 million. The plant ended 2022 with a net loss of UAH 883.119 million, while in 2021 it received a net profit of UAH 120.277 million.
KAMETSTAL was established on the basis of PJSC Dniprovsky Coke Chemical Plant (DKHP) and CMK PJSC Dniprovsky Metallurgical Plant (DMK). The average number of full-time employees in the third quarter of 2025 was 7,226.
According to the NDU for the third quarter of 2025, Metinvest B.V. (Netherlands) owns 100% of the company’s shares.
The authorized capital of PJSC Kametstal is UAH 170.584 million.
According to Serbian Economist, Chinese company Haitian International is launching pilot production at its new plant in Ruma (Vojvodina, Serbia), creating one of the largest production complexes in the region.
The project involves the construction of a factory with an area of up to 250,000 m² in the Rumska petlja industrial zone.
The initial phase includes approximately 59,000 m² for a production building, office building, and canteen. During the pilot phase, it is planned to produce up to 2,500 Mars and Jupiter series injection molding machines per year.
The total investment is estimated at around €100 million. In the first phase, the plant will employ about 300 people with salaries ranging from €650 to €1,000.
The city administration of Ruma and the Serbian government noted that the project will make a significant contribution to regional industrial dynamics and create new jobs. The plant will enable the Chinese investor to reduce logistics costs and serve the markets of Europe, the Middle East, and India more quickly.
The Serbian authorities consider the Haitian project to be strategic for the industrialization of Vojvodina and strengthening the inflow of foreign investment. The launch of pilot production in Ruma will strengthen Serbia’s industrial cluster and create the conditions for further technological investments.
Haitian International is a major Chinese manufacturer of injection molding machines, presses, and automated equipment. The plant in Ruma will be the company’s first significant production base in the Balkans.
https://t.me/relocationrs/1810
The production of bio-glue from peas, which is necessary for the manufacture of eco-friendly wood panels for the construction and furniture industries, has started in the Korosten Industrial Park (Zhytomyr region), invested in by the Korosten MDF Plant owned by businessman Leonid Yurushev and his family.
“A unique production facility has started operating in the Korosten Industrial Park in Zhytomyr region. It has launched the production of bio-glue from peas. The total investment in this project is EUR 40 million,” wrote Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development, on Facebook.
He stressed that the launch of such production is sensational news for the Ukrainian agricultural sector, since the demand for new production is 1 million tons of peas per year, which is more than twice the gross harvest of this crop in 2024. Therefore, until Ukrainian farmers increase the area under this crop, part of the production needs will be covered by imports from Hungary and Poland.
According to him, the investor of the Korosten MDF Plant project is currently consulting with farmers in the Zhytomyr, Kyiv, Cherkasy, Kirovohrad, and Dnipropetrovsk regions on expanding the acreage and long-term contracts for the supply of peas.
“The climate in these regions allows for two pea harvests per year,” Kysilevsky added.
The new plant’s design capacity is 3,000 tons of bio-glue per month, with planned production volumes of eco-boards at 20,000 cubic meters per month.
To implement the project, the investor took advantage of the opportunity to import equipment without paying VAT, which is provided for by law for participants in industrial parks.
The MP recalled that last fall, IP Korosten, as part of a state project to develop the infrastructure of industrial parks on a 50/50 co-financing basis, attracted UAH 83.5 million from the state for the construction of an access road.
“At the same time, a similar enterprise, Korosten MDF Plant, is building in the BF Terminal industrial park (Zakarpattia region). 90% of eco-boards are planned to be exported. These products comply with EU regulations, which, from August 6, 2026, will tighten the requirements for formaldehyde content in adhesive mixtures for MDF and HDF board manufacturers,” Kysilevsky said.
He recalled that IP Korosten covers an area of 42.2 hectares and brings together a cluster of woodworking companies, including Ukrainian Holding Sawmill Company, Rezalt Eco, Korosten MDF Plant, BF Engineering, and BF Project.
According to YouControl, Korosten MDF Plant ended 2024 with a loss of UAH 9.8 million, while in 2023 it received a net profit of UAH 237 million, and its net income decreased by a quarter to UAH 1.89 billion. In January-September this year, its loss amounted to UAH 18.4 million, and its revenue was UAH 1.46 billion.
Serhiy Ustenko, owner of the Carpathian Mineral Waters group, signed a €11 million loan agreement with the European Bank for Reconstruction and Development (EBRD) during the ReBuild Ukraine 2025 conference in Warsaw, according to a Facebook post by the National Association of Extractive Industries of Ukraine.
“The investment will be used to build a modern, energy-efficient beverage production plant in Lviv region, which is an important contribution to Ukraine’s food security and the development of sustainable production,” the statement said.
It is expected that, as part of the implementation of an inclusive employment model, the company will create at least 50% of jobs for veterans and people with disabilities.
“The financing will allow us to expand our production capacity and make our business even more environmentally friendly and socially responsible. Thank you for investing in the development of KMW and food security in Ukraine,” Ustenko said, thanking the EU and the EBRD for their trust and support.
The association recalled that Karpatski Mineralni Vody purchased a special water permit for a new plant near Zolochiv. The company paid UAH 26 million for the plot at auction.
According to the Karpatski Mineralni Vody website, the company began operating in the mineral water market in 1996 with the first bottling of Karpatskaya Dzherelna natural mineral table water. In June 2002, it was reorganized into a plant for the production of mineral water and non-alcoholic beverages, Karpatski Mineralni Vody. At the same time, the company began producing sweet carbonated drinks under the Fruktova Dzherelna and Sokovinka brands, and in 2016, the Dragon energy drink.
CONSTRUCTION, EBRD, KMW, PLANT
