Over 700 companies to relocate facilities to West Ukraine

Over 700 applications have been sent for participation in the enterprises relocation program for the war time. It’s announced by Daniil Getmantsev, the Head of the Finance, Tax, and Custom Policy Committee.

“Within the program there is an urgent need for logistics resources, namely over the road truck transport. As a result I’m asking transporters, who have trailer trucks, or those who know such transporters, who want to help enterprises with relocation, to fill in the following information”, said Daniil Getmantsev.

As a reminder, the Transcarpathian, and Lviv Regional, and Military administrations have already announced that 120 enterprises, and 90 enterprises, respectively, to relocate activities from active combat zones.

Previously, Ukrzalizhnytsya offered its facilities in Central, and western Ukraine to relocate production from the east of the state.

  • Companies

Voestalpine forecasts a rise in profits amid new EU protective measures

Austrian steel producer voestalpine expects profits to rise in the 2026/2027 financial year against the…

Wednesday June 3, 2026
  • Global Market

Billet prices rose by $10–20 per ton in regional markets in May

In most regional billet markets, prices rose slightly in May—by $10–20 per ton. The Gulf…

Wednesday June 3, 2026
  • Global Market

Iron ore prices fell by 3% in May

Iron ore prices (KORE 62% Fe/Qingdao) began to decline in late May–early June 2026 following…

Wednesday June 3, 2026
  • Industry

Ukraine increased imports of long steel products by 56.6% y/y in January–April

In January–April 2026, the long steel market in Ukraine saw a significant increase in imports—up…

Wednesday June 3, 2026
  • Industry

Railway disruptions pose risks for German steelmakers

German steelmakers have warned that prolonged disruptions in rail freight transport threaten the supply of…

Wednesday June 3, 2026
  • Companies

Marcegaglia is increasing its investment in the project in Fos-sur-Mer

The Italian group Marcegaglia is investing an additional €600 million in the Mistral project in…

Wednesday June 3, 2026