Business news from Ukraine

Business news from Ukraine

Agricultural production in Ukraine rose by 1.7% in January–February

Agricultural production in Ukraine increased by 1.7% in January–February 2026 compared to the same period last year, according to the State Statistics Service (SSS).

According to the agency’s data, the growth was driven exclusively by the livestock sector (index 101.7%), while data on crop production for this period are traditionally unavailable.

The main driver was agricultural enterprises, which increased production by 8.9%. The best performance in this segment was shown by enterprises in the Donetsk (index 162.5%), Lviv (132.9%), and Volyn (135.0%) regions. Overall, growth among enterprises was recorded in 20 regions.

In contrast, a decline was observed in private households: production volumes fell by 14.8% compared to January–February 2025. The largest declines in the private sector were recorded in the Donetsk (index 35.3%), Ternopil (50.9%), and Zakarpattia (63.8%) regions.

Regionally, across all categories of farms, the largest declines in production volumes were recorded in Donetsk (index 60.5%), Zakarpattia (68.3%), and Chernivtsi (82.9%) regions. At the same time, the leaders in overall growth were Vinnytsia (+22.9%), Lviv (+22.7%), and Kirovohrad (+7.6%) regions.

As reported, in January 2026, agricultural production in Ukraine increased by 3.2% compared to January 2025. Thus, over the course of two months, the growth rate slowed slightly.

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UkrAgroConsult forecasts grain production at 60.3 mln tons

Ukraine’s grain market is entering the 2026–2027 marketing year (MY, July–June) under significant pressure due to accumulated stocks and intensifying global competition, according to the information and analytical agency “UkrAgroConsult.”

“The key factor remains the accumulation of carryover stocks, which could reach about 10.7 million tons, putting pressure on prices,” analysts noted.

According to their forecasts, gross grain production in Ukraine in the 2026 season is expected to reach about 60.3 million tons, with about 51 million tons to be exported to foreign markets.

UkrAgroConsult identified the growing role of logistics, costs, and global competition as the main trends of the season. According to analysts’ estimates, export dynamics will be shaped by the need to unload the market, and the market itself will shift to a buyer’s market.

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France’s TotalEnergies has halted production in Qatar, Iraq, and UAE

France’s TotalEnergies has announced that it has halted or is in the process of halting production in Qatar, Iraq, and offshore assets in the UAE. According to the company’s estimates, these assets account for about 15% of its total production. This is stated in TotalEnergies’ statement on its investor page.

The company clarified that onshore production in the UAE is not affected by the conflict. Its volume is about 210,000 barrels of oil equivalent per day in TotalEnergies’ share. At the same time, 15% of the volume in the Middle East accounts for about 10% of the upstream segment’s cash flow, as local assets are subject to higher taxes and generate less cash flow per barrel than the group’s portfolio average.

The company also said that rising oil prices could compensate for the decline in volumes. According to TotalEnergies’ estimates, an $8 per barrel increase in the price of Brent is enough to offset the expected 2026 cash flow from assets in Iraq, Qatar, and offshore UAE at a price of $60 per barrel. At the same time, operations at the SATORP oil refinery in Saudi Arabia continue as usual and supply the kingdom’s domestic market.

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UkrAgroConsult: Oilseed production in Ukraine will grow in 2026/27 season

Oilseed production in Ukraine in the 2026-2027 season will show growth due to high margins and the development of domestic processing, according to the information and analytical agency UkrAgroConsult.

Analysts noted that sunflower will remain a priority crop for farmers. At the beginning of 2026, sunflower seed prices approached UAH 30,000/t, which encourages farms to expand their crops. The area under this crop in the new season may increase to 6.1 million hectares.

The soybean and rapeseed markets remain stable. At the same time, domestic processing of these crops is growing in Ukraine, which strengthens the country’s role in the Black Sea region. An increase in gross seed harvest will stimulate plant utilization and further growth in oil and meal exports.

Among the key trends for the 2026/27 season, UkrAgroConsult named the preservation of oilseeds as one of the most profitable segments of agricultural production, with sunflower maintaining its leading position. Analysts also predict an increase in processing capacity utilization and a further increase in exports of processed products amid relative stability in the soybean and rapeseed markets.

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Rolled steel production in Ukraine fell by 16.8% in two months

According to preliminary data, Ukrainian metallurgical companies reduced their total rolled steel production in January-February this year by 16.8% compared to the same period last year, from 957,000 tons to 797,000 tons.

According to information from the Ukrmetallurgprom association on Monday evening, 390,300 tons of rolled steel were produced in February, compared to 406,400 tons in the previous month.

As reported, Ukrainian steel companies increased their total rolled steel production by 4.8% in 2025 compared to 2024, to 6.521 million tons from 6.222 million tons.

In 2024, Ukraine increased its total rolled steel production by 15.8% compared to 2023, to 6.222 million tons from 5.372 million tons.

In 2023, Ukraine increased its total rolled steel production by 0.4% compared to 2022, to 5.372 million tons.

In 2022, the country reduced its total rolled steel production by 72% compared to 2021, to 5.350 million tons.

In pre-war 2021, 19.079 million tons of rolled steel were produced, which was 103.5% of the 2020 level.

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Planeta Plastik has built Ukraine’s first solar-powered polyethylene pipe manufacturing plant in Irpin

Planeta Plastik has launched a new plant in Irpin that will manufacture polyethylene pipes using solar energy.

The plant has a capacity of over 17,000 kilometers of pipes per year for water supply, gas networks, as well as technical and protective systems.

All products will be manufactured using the latest equipment, which allows the production of polymer pipes with diameters ranging from 16 to 800 mm.

Compliance with standards

The plant operates under the ISO 9001:2015 quality management system, using high-quality raw materials from world leaders. Polyethylene pipes have already been tested, received quality certificates, and are manufactured in accordance with current standards:

DSTU EN 12201 – for water supply systems

DSTU EN 1555 – for gas distribution networks

Economic effect and community support.

Thanks to the opening of the new production facility, the company has created new jobs. The plant’s products will be supplied both to the domestic market and for export. Thanks to its location in Irpin, the company will be able to quickly meet the needs of customers in all regions of Ukraine.

To support educators and medical professionals, as well as educational and medical institutions in Ukraine, the plant will supply polymer pipes at special prices.

A symbol of resilience

“Irpin. In 2022, the enemy destroyed everything here. We did not give up. We are building something new. That is why, continuing this mission, we built a new pipe plant in less than a year, which will work for the benefit and future of Ukraine,” says Kostyantyn Vashchenko, co-founder and visionary of Planeta Plastik.

About Planeta Plastik

Planeta Plastik LLC is a Ukrainian manufacturer of polyethylene products. The company specializes in the production of films for agriculture and industry, Harwell™ polymer sleeves for grain and feed storage, as well as polyethylene pipes for water supply, gas, and technical needs. Founded in 2003 and completely destroyed in the spring of 2022, the company is actively building new production facilities, developing exports, and remaining a reliable partner for customers in Ukraine and abroad. The new plant in Irpin is not only about restoring production, but also about taking a step into the future, where Ukrainian industry combines innovation, energy independence, and sustainability.

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