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Zaporizhstal has reduced the output of metal products by 56% since the beginning of the year

The fall in metallurgical production at the plant in Zaporozhye in August reached 64% compared to August 2021....

In August, the truck market in Ukraine decreased by 62%

The most popular truck brands in Ukraine remain RENAULT, MERCEDES-BENZ and SCANIA...

Employees of Ukrzaliznytsia mined crypto on service equipment

The security service of Ukrzaliznytsia and law enforcement officers exposed an illegal cryptocurrency mining farm at the company's premises in the...

The market of new passenger cars in Ukraine decreased by almost three times in August

For the first time in the history of Ukraine, the top three sales leaders included cars of the German brand BMW, of which 197 units were sold. Toyota...

Export earnings of Ukraine from trade in semi-finished steel decreased by 60%

In physical terms, Ukrainian exports of semi-finished products from carbon steel decreased by 64% compared to the same period last year - to 1.5...

The National Bank of Ukraine proposed to recognize the residence of the Russian Federation as a sign of a faulty business reputation

The regulator proposed to prohibit citizens of Russia or companies registered in the Russian Federation from using the right to vote on their shares...

Ukrainian lithium will get into the batteries of BMW electric vehicles

An Austrian company planning to mine lithium in Ukrainian deposits has signed a memorandum with the German automobile concern BMW for the supply of...

S&P and Fitch consider Ukraine's agreement to defer payments on public debt as a default

S&P downgraded Ukraine's national currency rating from B-/B to CCC+/C, Fitch retained the corresponding rating at CCC-....

Demand for electric vehicles in Ukraine shows "crazy" growth - Ukrautoprom

Since the beginning of 2022, almost 5.9 thousand cars have replenished the Ukrainian fleet of cars powered by battery power sources, which is 34%...

Director General of Ukrhydroenergo initiated the construction of new bomb shelters at the Dnieper HPP

We are analyzing the situation, preparing for any scenarios, the main task is to keep the system, an emergency reserve, - said Igor Sirota....

Ferrexpo's net profit in the first half of the year decreased by 88%

According to Lucio Genovese, non-executive chairman of Ferrexpo, the financial results announced today reflect "an unprecedented period in the...

Ukrainian gas transportation system allowed to pump biomethane

Gases produced from landfill waste could replace approximately 20% of today's global gas consumption, the International Energy Agency has calculated....

Fitch Ratings downgrades Ukrzaliznytsia's credit rating amid downgrading of Ukraine's sovereign rating

Ukrzaliznytsia said that the company continues to fulfill its financial obligations, and in early July, regular coupon income payments were made to...

Novokramatorsky Mashzavod announced the start of the procedure for the "compulsory alienation" of property

On July 19, 2022, the Verkhovna Rada of Ukraine adopted a resolution “on certain issues of expropriation of property under the legal regime of...

Ukraine reduced the export of scrap metal by eight times

In January - June 2022, 28.74 thousand tons of scrap metal were exported from Ukraine....

Kharkiv Turboatom may stop due to blocking of accounts - Directorate of the plant

The strategically important machine-building enterprise of Ukraine kept money in the Kharkov bank "Megabank", which was declared insolvent...

Ferrexpo reduced production of iron ore pellets in Ukraine by 27% due to logistical constraints

Logistics in Ukraine remains the biggest constraint for Ferrexpo's business at present and the company is focusing its efforts on increasing seaborne...

Ukraine continues to transfer its nuclear power plants to American nuclear fuel

Power unit No. 3 of Rivne NPP is already the seventh of thirteen Ukrainian nuclear reactors of the VVER-1000 type, which use fuel assemblies from...

Interpipe mastered a new type of railway wheels for the EU market

The new rolled metal is designed for 1,435 mm railway electric rolling stock cars, that is, it can be installed on electric trains for ordinary...

Zaporizhstal: production results in June 2022

A month after the forced shutdown in early March, the Zaporizhstal plant removed the equipment from mothballing and partially resumed production....

Metinvest enterprises in the Dnipropetrovsk region of Ukraine suspend work

Metinvest's mining and processing plants in Krivoy Rog and the Kametstal plant in Kamenskoye partially suspend work from July 1 due to logistical and...

Zaporizhstal continues to operate at 50% of its capacity

Due to significant problems with logistics and overstocking of railway crossings, Zaporozhye metallurgical enterprises are forced to consider options...

Ferroalloy enterprises of Ukraine in total reduced output by 24.9%

In January-May 2022, the production of silicomanganese in Ukraine decreased by 9.3% - to 235.13 thousand tons, ferromanganese - by 73.7% - to 17.02...

Ukraine and Poland deepen strategic partnership in the field of geology and mineral resources

On June 23, 2022, a Memorandum of Cooperation between Ukraine and Poland was signed, which provides for work and research on the geological study of...

Ferrexpo limits iron ore production in Ukraine due to logistics problems

The company said it is adjusting its upstream capacity in line with sales to European and offshore markets that are viable under the circumstances....

Metinvest reduced the use of its capacities by more than 40% due to the war in Ukraine

The decrease in production volumes led to significant changes in the structure of the steel product portfolio and the direction of sales - they were...

Ukraine plans to build 9 nuclear power units using American Westinghouse technology

Westinghouse and Energoatom intend to create a Westinghouse engineering and technical center in Ukraine, which will support the construction and...

DTEK Energy machine builders have manufactured a new tunneling machine

When assembling the harvester, machine builders used components from the best European manufacturers, which increases the reliability and safety of...

The Eurasian Economic Commission extended anti-dumping duties on steel from Ukraine

In particular, anti-dumping duties on the import of steel angles and ferro-silicon marshan into the territory of the Customs Union have been extended....

Metinvest predicts a drop in steel production in Ukraine to 6.5 million tons this year

In the event of a protracted war, Ukrainian steel production will drop to 6.5 million tons this year, and if Ukraine wins the war with Russia, this...

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