Business news from Ukraine

Business news from Ukraine

Sales of new commercial vehicles in Ukraine rose by 11% in October, according to UkrAvtoprom

Sales of new commercial vehicles (trucks and special-purpose vehicles) in Ukraine in October 2025 increased by 11% compared to the same month in 2024, reaching 1,203 units, which is also 8% more than in September 2025, according to UkrAvtoprom’s Telegram channel.

As in the previous year, Peugeot was the market leader in October with 115 units sold, compared to 246 units sold in October 2024.
Peugeot took second place with 121 cars. Last October, the brand was eighth in the ranking with 60 cars.

Citroen took third place in the ranking with 95 units, which is 16 cars less than in October 2024, when the brand was second in the ranking. MAN came in fourth with sales of 90 cars, which is 14 units more than in October last year.

Volvo also made it into the top five most popular new special-purpose vehicles with 84 units, which was 13th in October last year with sales of 17 vehicles.
According to UkrAvtoprom, a total of 9,853 new vehicles were added to the Ukrainian fleet of trucks and special-purpose vehicles in January-October, which is 5.5% less than in the same period last year.

As reported, in 2024, according to UkrAvtoprom, 12,900 new commercial vehicles were registered in Ukraine, which is 14% more than in 2023.

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Global chip sales in August jumped 22% to $64.88 billion

Global chip sales in August increased 21.7% from the same month last year to $64.88 billion, according to a press release from the Semiconductor Industry Association (SIA). Compared to July, the rebound was 4.4% (from a revised $62.14 billion).

“Global semiconductor sales continued to rise in August. Asia-Pacific and the Americas continue to drive the rebound, with particularly strong growth in memory and logic chip sales,” said SIA President and CEO John Newfer, quoted in the report

Sales in the Americas in August were up 25.5% year-over-year, with China up 12.4%, Europe up 4.4%, and Asia-Pacific and other regions up 43.1%. At the same time, a 6.9% decrease was recorded in Japan.

Chip sales relative to July increased in the Americas by 4.3%, in APAC by 6.9%, in the PRC by 3.3%, in Japan by 2%, and in Europe by 1%.

SIA represents about 99% of the U.S. semiconductor industry and about 66% of chip makers from other countries.

 

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New car sales in Ukraine for first nine months of 2025 remained at last year’s level – AUTO-Consulting

Sales of new passenger cars in Ukraine in January-September 2025 amounted to 54,300 units, which is almost equal to last year’s figures for this period, according to AUTO-Consulting.

“Throughout the year, the car market lagged significantly behind last year’s volumes. It all started with the cancellation of numerous USAID assistance programs, which immediately began to affect car deliveries. Other factors were added later. And only in the summer did the car market begin to return to last year’s track. And in September, it practically managed to catch up with the figure for the first nine months,” according to a statement on the information and analytical group’s website.

At the same time, according to analysts, passenger car sales in September fell by 3% compared to August 2025, to 6,737 units.
AUTO-Consulting notes that in terms of quality and structure, there were “dramatic changes” in this market in September, in particular, BYD is now the market leader, having managed to capture 14% of the market and overtake Toyota.

“Just a month ago, Toyota finished with these figures, and as soon as dealers slowed down a little, BYD surged ahead,” the group states.

There were no other changes in the top five compared to August – Volkswagen, Renault, and Skoda remained in the same positions as a month earlier, while BMW was one step ahead of Hyundai, taking sixth place without even increasing sales.

“There have also been changes among the popular models. The current bestseller is the VW ID. Unix, which has pushed even the “favorite” of all corporations, the Renault Duster, into second place. But it seems that these are not the final figures, as the BYD Seal and BYD Leopard 3 are already hot on their heels,” the report says.

AUTO-Consulting notes that in September, nine of the twenty most popular car models on the market were electric vehicles from the Chinese market.

As reported, according to the Ukravtoprom association, in September 2025, initial registrations of new passenger cars increased by 20% compared to September 2024 and by 1% compared to August 2025 – to more than 6,800 units, while in January-September they decreased by 0.3% to 52,900 units.

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Corteva Agriscience increased net sales in Ukraine by more than 10%

In January-June 2025, Corteva Agriscience, an international agricultural science and technology company, increased its net sales in Ukraine by more than 10% compared to the first half of last year and became the leader in terms of absolute sales volumes among countries in Central and Eastern Europe, the company’s press service reported.

“These results are the result of the coordinated work of the Ukrainian team, which continues to provide farmers with modern solutions adapted to today’s challenges. At the same time, they demonstrate that Ukrainian farmers, despite the difficult conditions of war, are actively investing in productive and innovative technologies to develop their production,” the company emphasized.

Corteva Agriscience specified that in January-June 2025, net revenues from the sale of Pioneer® brand corn and sunflower seeds increased by more than 13% compared to the same period in 2024. The plant protection segment also recorded an increase in sales revenues of more than 5%.

“Ukrainian farmers continue to impress the world with their resilience and determination. Despite climate challenges, instability, and difficult conditions, they do not stop — they plan, sow, and work. At Corteva, we are honored to be there for them during these difficult times and are proud that Ukrainian farmers are increasingly choosing our innovative and effective solutions that support their efforts and help ensure food security for the country and the world,” said Alexander Dmitriev, head of Corteva Agriscience in Ukraine.

Corteva Agriscience is a global agricultural company. It offers comprehensive solutions to maximize crop yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in its portfolio. Its representative office in Ukraine includes a central office in Kyiv, a research and development center in the village of Lyubartsi (Kyiv region), and a seed production complex in the village of Stasi (Poltava region).

In April 2022, the company decided to leave the Russian market due to the full-scale war unleashed by the Russian Federation against Ukraine.

Since 2022, Corteva has allocated more than $2 million to help those affected, donated thousands of seed units to farmers working near the front line, launched a soil testing program to ensure safe crop cultivation despite war-related contamination, and provided 350 rural women with training and grants through the TalentA program.

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Ukrainian sugar factories can produce 2.2 mln tons, but there is lack of sales markets

Ukrainian sugar factories are capable of producing 2.2 million tons of sugar, but processors are currently unable to sell all their products, so they are maintaining production at 1.2-1.3 million tons. However, this can only happen if domestic consumption returns to pre-war levels and new export markets open up, said Yana Kavushevska, head of the National Association of Sugar Producers of Ukraine “Ukrtsukor.”

“If we have 30 factories that can produce sugar, probably 2.2 million, if we had markets where we could sell this sugar steadily and with some profit that satisfies producers, that would be quite good. This is what we can optimally grow and process. The optimal capacity of existing sugar factories is 2.2 million tons,” she said on Ukrainian Radio.

She noted that the main problem for sugar producers now is export markets, as the domestic market will not be able to absorb the entire volume of production.

“We really hope that the domestic market will recover to at least its pre-war level by 2022. That would be 1.2-1.3 million tons,” Kaushevska said.

The expert clarified that before the full-scale invasion, even after the loss of part of the territories in Donetsk, Luhansk regions, and Crimea, domestic sugar consumption in Ukraine amounted to 1.2-1.3 million tons. However, after the start of the full-scale invasion, domestic consumption fell to 900,000 tons. Thanks to the opening of the European market during the autonomous trade measures (2022-2024 – IF-U), sugar producers were able to supply 300,000 tons to Europe.

“We now have restrictions (on sugar supplies to the EU – IF-U), and accordingly, we need to decide where to send these 300,000 tons,” she said.

The head of Ukrtsukor stated that in 2025, Ukrainian farmers reduced the area under sugar beet cultivation to 220,000 hectares, which is 15.4% less than last year’s figures.

According to her, Ukrainian processors were very disappointed with the quotas for sugar supplies to the European Union, which were announced in the spring of 2025 and were planned at 67,000 tons. Currently, this volume has been increased to 107,000 tons of sugar, but in previous years, deliveries to the EU reached 473,000 tons.

The head of the industry association recalled that in 2024, the sugar industry showed record export figures – over 740,000 tons, thanks to which Ukraine received over $420 million.

 

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Sales of corn and sunflower doubled in 2024 – Agrohub

The sales rates in the season-2024 were significantly higher compared to the previous year, especially for corn and sunflower, Agrohub reported based on the results of two waves of research on the efficiency and effectiveness of growing the main crops of the season-2024.

“At the time of the first wave of the study (end of January 2025), the percentage of sales of these crops was more than 60%, while at the end of January 2024, only 25% of corn and 27% of sunflower were sold,” the researchers said.

According to the study, sunflower was sold almost completely, which was due to a decrease in its share in the crop structure and high demand from the processing industry, as well as an increase in the number of oil extraction plants. For export-oriented crops, a stable sea export corridor plays an important role in shaping the sales rate: despite the threats and shelling of port infrastructure, it remained the most effective channel for selling products, analysts say.

The positive price situation was the main factor behind the growth of profitability of agricultural production in 2024, the report says. Thus, the break-even point decreased in many crops, while the profitability indicators increased. According to the results of the season-2024, the average forecast EBITDA for such crops as winter wheat, rapeseed and barley, as well as sunflower and corn amounted to $402 per 1 ha, which exceeded last year’s forecast level of $94 per 1 ha, i.e. 4.3 times, Agrohub calculated.

The analysts reminded that the forecast EBITDA is an expected estimate of profitability per hectare, calculated on the basis of current selling prices of already sold products and forecast prices for the residues.

Experts identify sunflower, corn, and rapeseed as the crops with the highest expected profitability in the 2025 season.

Despite the fact that in the 2024 season the yields of the studied crops decreased, the positive price dynamics during the year allowed not only to maintain but also to increase the profitability of crops. The main reason for the decrease in yields was drought and heat in the central, southern and eastern regions. Soil temperatures in summer reached above +60°C, and local rains failed to save the situation. In the West, where there is traditionally more rainfall, the yield decline was not significant, the researchers emphasized.

In addition, analysts drew attention to an interesting trend in the dynamics of costs, which has been observed for two seasons in a row. In particular, the costs of growing decreased slightly – within 8% for sunflower and rapeseed, mainly due to the reduction of fertilizer costs. At the same time, crop protection costs for sunflower and corn decreased by 11% due to dry weather conditions. Lower yields per hectare and dry weather conditions resulted in lower costs for transportation and grain processing, as the average moisture content of harvested corn in the 2024 season was 16.7% compared to 19.8% a year ago.

“The 2024 season illustrated how the agricultural business in Ukraine is learning to adapt to complex challenges: from war and unstable logistics to climate change and lack of resources. Increasing profitability and efficiency in such conditions is the result of flexibility, strategic planning and proper agricultural practices,” Oksana Bobrova, Head of Agrohub Benchmarking, summarized in her statement.

The study of the first and second waves of efficiency and effectiveness indicators of the main crops of the 2024 season, conducted by Agrohub, involved 14 largest Ukrainian agricultural holdings. The total area of analysis covered 1.7 million hectares in eight macro-regions of Ukraine.

The data on crop sales in the 2024 season are based on Agrohub’s research conducted in January-May 2025 among 83 field companies with a total area of 1.7 mln ha. The area of the studied crops: sunflower – 302.5 thou hectares, corn – 363.4 thou hectares, soybeans – 411.2 thou hectares, winter wheat – 403.5 thou hectares, winter rapeseed – 169.5 thou hectares and winter barley – 18 thou hectares.

 

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