Business in Ukraine is increasing sales, and industrial exports are recovering.

The tobacco concern Philip Morris International (PMI) lost half of its Ukrainian market share due to the war, dropping from 28.5%, but has recovered to 24% this year. The Ukrainian online retailer Rozetka announced that its 2023 sales volume will exceed the pre-war 2021 figures in sales terms.

In addition, 88,000 tons of metal products and more than 172,000 tons of iron ore raw materials were exported from the ports of Ukraine during the two months of operation of the temporary humanitarian corridor. Last year, the Ukrainian industrial company, Interpipe, managed to increase the sale of its niche pipe products to Europe several times despite the EU’s strict standards. The group has launched more than 100 types of new products and will master more than 200 more in the future.

Moreover, United Mining and Chemical Company started shipping ilmenite concentrate from Irshansk GZK to the Czech Republic in October. These are the first shipments from this branch in 2023. By the end of the year, the company should deliver 30,000 tons of finished products to the EU.