Business news from Ukraine

Ukrainian “Stalkanat” is restricted in deliveries to Europe – CEO of company

21 October , 2023  

PJSC “Production Association “Stalkanat” (Odessa) is forced to reduce supplies to the EU due to restrictions at the Polish borders, – said the agency “Interfax-Ukraine” general director of “Stalkanat” Sergey Lavrynenko.
“We are currently operating roughly tentatively at about 60% for export, and 40% for the domestic market. But lately the deliveries to the EU have been delayed through Poland, and there are deliveries from Asian countries,” – stated the top manager.
According to him, the company has prepared for the winter period of restrictions, although the situation is difficult.
He added that he hopes that the state will protect Ukrainian companies in foreign markets.
As reported, “Stalkanat” is considering the purchase of a generator to stabilize the work after the shelling of the energy infrastructure.
PJSC “Stalkanat” is the largest producer of steel ropes in Ukraine.
According to the NDU, as of the fourth quarter of 2021, David Nemirovskyy (Ukraine) holds 50.0001% of the company’s shares, Anton Mykhalenko – 23.7%, and Edery Liron (both in Israel) – 23.1%

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