Ukraine’s foreign exchange earnings from ferrous metal exports in July 2026 totaled $199.9 million, which is nearly 32% less than in June, when exports brought in $293.6 million, according to data from the State Customs Service.
Thus, July was noticeably weaker than the previous month for Ukrainian steel exports.
Overall, from January through July, companies in the sector earned $1.678 billion from ferrous metal exports, which is 7.6% less than during the same period last year.
At the same time, imports of ferrous metals in July totaled $176.4 million. The difference between exports and imports thus narrowed to approximately $23.5 million for the month.
Over the seven-month period, metal imports rose by 7.2% to $1.023 billion.
The decline in July’s export revenue comes after two years of recovery in metallurgical exports. In 2024, their value rose by 16.9%, and in 2025, by another 7.85%.
Ukrainian steelmakers reduced foreign exchange earnings from ferrous metal exports by 7.6% in January–July 2026 compared to the same period last year, down to $1.678 billion, according to data from the State Customs Service.
In January–July 2025, ferrous metal exports brought Ukraine $1.816 billion.
The share of ferrous metals in the country’s total merchandise exports also declined—to 6.95% from 7.79% a year earlier, or by 0.84 percentage points.
At the same time, imports of ferrous metals into Ukraine continued to grow. Over the seven-month period, they increased by 7.2%—to $1.023 billion.
Thus, in 2026, the Ukrainian metallurgical industry faced both a decline in export revenue and increased competition from imported products.
By comparison: at the end of 2025, Ukraine, on the contrary, increased its export revenue from ferrous metals by 7.85%—to $3.339 billion—following a 16.9% increase in 2024.
Source: State Customs Service of Ukraine, data for January–July 2026.
Revenues to Ukraine’s state budget from assets under ARMA’s management in January–July 2026 amounted to only 210 million UAH, compared to 1.3 billion UAH for the same period in 2025, said Pavlo Velykorechanyn, an expert with the Verkhovna Rada’s Anti-Corruption Committee and former deputy head of ARMA, in an exclusive interview with the “Interfax-Ukraine” news agency.
Thus, revenue has fallen by more than six times.
For comparison, according to Velykorechanyn, 7.5 billion hryvnias were transferred to the state budget in 2023, in part due to major cases involving special confiscation.
He noted that the current 210 million hryvnias is largely the result of managing assets transferred to ARMA back in 2024–2025. A significant portion of the revenue is linked to payments from Naftogaz.
According to Velykorechanyn’s assessment, there are currently virtually no new economically attractive assets in the agency’s portfolio. Furthermore, regarding certain properties, the results of tenders to select managers are being annulled, after which courts rule such decisions unlawful, forcing the state to fund property appraisals again.
He identified the length of the procedure for transferring assets to management as a separate problem. While the property remains without a manager, the state is forced to bear the costs of its security and maintenance, while the asset may physically deteriorate or lose value.
“Nova Poshta,” Ukraine’s leading express delivery service and part of the Nova Group, increased its consolidated net profit by 24.3% in the first half of 2026 compared to the same period in 2025—to 2.195 billion UAH, while revenue rose by 31.8% to 39.127 billion UAH.
According to the company’s consolidated financial report, its gross profit rose by 19.9% compared to the same period last year—to 8.474 billion UAH—and operating profit increased by 29.5%, to 4.633 billion UAH.
Consolidated revenue in the second quarter of this year increased by 35.5% compared to the same period a year ago, reaching 20.909 billion UAH, while consolidated net income rose by 8.5% to 1.299 billion UAH.
Consolidated gross profit in the second quarter rose by 15.7% compared to April–June 2025, reaching 4.520 billion UAH, while operating profit increased by 18.5%, to 2.590 billion UAH.
As of June 30, 2026, Nova Poshta had UAH 14.2 billion in equity against total assets of UAH 40.452 billion, which is lower than the figures as of December 31, 2025—UAH 16.803 billion and UAH 44.219 billion, respectively.
The amount of cash and cash equivalents also decreased—to 10.829 billion UAH from 12.360 billion UAH. The company paid 4.380 billion UAH in dividends over the first half of the year, compared to 726 million UAH in January–June 2025.
The consolidated report notes that expenditures on the acquisition of fixed assets and intangible assets in the first half of this year amounted to 1 billion 322 million UAH, compared to 1 billion 973 million UAH a year ago.
As reported in the interim financial statements, “Nova Poshta” increased its net profit 2.3-fold in the first half of 2026 compared to the same period last year—to 2 billion 708 million hryvnias—and its revenue by 31.7%, to 32.5 billion hryvnias.
It was previously noted that in the first six months of 2026, the company increased the volume of processed shipments by 11.5% compared to the same period last year: the volume of delivered packages and cargo reached 254.4 million, including 17.9 million international shipments.
As of July 13, 2026, the “Nova Poshta” network comprised 54,700 service points: 16,800 branches and 37,900 parcel lockers throughout Ukraine.
In 2025, “Nova Poshta” increased its revenue by 21.6% compared to 2024—to 54.2 billion UAH—and its net profit rose by 4.4%—to 2.6 billion UAH. The number of parcels and shipments delivered increased by 7.4%—from 486 million to 522 million—with international shipments rising by 52.6%, from 19 million to 29 million.
Nova Poshta’s core business remains the express delivery of documents, parcels, and palletized large-sized cargo. The company is the leader in express delivery in Ukraine. Its ultimate beneficial owners are Volodymyr Poperešniuk and Vyacheslav Klimov.
Rush LLC, the owner of the EVA chain in Ukraine, reported a 21.4% increase in net revenue for January–June 2026 compared to the same period in 2025—to 18 billion UAH—while net profit rose by a quarter to 674.5 million UAH.
According to the company’s filing in the disclosure system of the National Securities and Stock Market Commission, its gross profit in the first half of 2026 grew by 26.8% to 6.5 billion UAH.
Rush’s retained earnings increased by 0.7% to 5.9 billion UAH, long-term liabilities rose by 19.6% to 5.3 billion UAH, and short-term liabilities increased by 1% to 8.1 billion UAH. Rush’s assets increased by 5.2% to UAH 20.2 billion.
As of June 30, 2026, Rush LLC had issued long-term unsecured Series “H” and “G” series unsecured bonds with a face value of 500 million UAH maturing in 2027, as well as “I” series bonds with a face value of 500 million UAH maturing in May 2030, with potential call options in May 2026 and 2028.
As noted in the report, as of June 30, 2026, the EVA chain had 1,185 stores in various regions of Ukraine. Since the beginning of the year, the company has opened 27 new retail locations.
As previously reported, the EVA chain’s distribution center in Brovary (Kyiv Oblast) was damaged as a result of a Russian attack on August 18.
Rush LLC was founded in 2002. According to the YouControl analytics system, the company’s owner is listed as the Cypriot firm Incetera Holdings Limited (100%), with Ruslan Shostak (through the Cypriot company Mitali Holdings Ltd) and Valeriy Kiptyk (through the Cypriot company Kingsbarns Holdings Limited) as the ultimate beneficiaries.
Tea and coffee producer Monomakh PJSC (Kyiv Oblast) increased its revenue by 21.9% to 1.51104 billion UAH in January–June 2026, but saw its net profit decline by a factor of 3.4 to 24.43 million UAH.
According to the company’s semi-annual report filed with the National Securities and Stock Market Commission (NSSMC)’s disclosure system, gross profit rose by 29.2% to 484.75 million UAH, while operating profit fell by 41.6% to 84.4 million UAH.
The company’s assets for the first half of the year decreased by 6% to 1.7752 billion UAH, equity by 5.7% to 609.87 million UAH, and total liabilities by 6.1% to 1.16534 billion UAH.
According to the report, revenue in the second quarter rose by 18.0% to 685.42 million UAH, while net profit fell 2.8-fold to 9.52 million UAH.
The company specified that in the second quarter it produced and sold 1.39 thousand metric tons of products, with export revenue accounting for 11% of total sales.
PJSC “Monomakh” was founded in 2000. It produces packaged tea and coffee products under the LOVARE, “Monomakh,” “Three Elephants,” “Tea Masterpieces,” “KAIF,” Ferrara, and “Coffee Masterpieces” brands. The average number of employees is 567. The ultimate beneficial owner is Taras Barabash.
In 2025, the company increased its revenue by 22%—to 2.77 billion UAH—but saw its net profit decline by 40%—to 181.84 million UAH.
