Economy

Thursday, May 1

Ukraine’s agreement with the EIB on social housing is expected to be signed by the end of the year.

Ukraine’s agreement with the EIB on social housing is expected to be signed by the end of the year. The European Investment Bank (EIB) is already evaluating a pilot social housing project in Ukraine. The signing of the initial financing agreement for the project could happen as early as this year, s...

Ukraine’s construction market is divided into three zones, each with its own trend for 2025.

Ukraine’s construction market is divided into three zones, each with its own trend for 2025. Experts indicate that development plans in the eastern and eastern central regions are currently very restrained. New projects are rarely launched; most activity is on projects that were initiated bef...

Wednesday, April 30

The economic partnership agreement with the US has become more equal.

The economic partnership agreement with the US has become more equal. It will cover all resources, including oil and gas. President Zelenskyy said that, according to a report by government officials on the progress of negotiations with the US on the conclusion of an eco...

Ukraine is the most attractive destination for European investment, as it has the potential to become an industrial hub within the EU during its recovery process.

Ukraine is the most attractive destination for European investment, as it has the potential to become an industrial hub within the EU during its recovery process. The most promising location for European investment is Ukraine. Given that the country’s recovery will adhere to EU standards, the country is positioned to evolve into a dynamic industrial hub i...

Ukraine’s national debt has reached another historic high of nearly $172B.

Ukraine’s national debt has reached another historic high of nearly $172B. According to the Ministry of Finance, Ukraine’s total public (direct and guaranteed) debt increased by 1.56%, or $2.64B, in March, totaling $171.73B compared to the previous month. Direct extern...

What are the possible consequences of reducing Ukraine’s financial assistance?

What are the possible consequences of reducing Ukraine’s financial assistance? If Ukraine’s budget gap increases in the next two years and the situation with external financing does not improve, a large-scale reduction in the NBU’s reserves and a sharp devaluation of...

IFC and Ukrsibbank will boost medium-sized and larger corporations in Ukraine.

IFC and Ukrsibbank will boost medium-sized and larger corporations in Ukraine. The IFC and Ukrsibbank, whose shareholders include BNP Paribas Group and the EBRD, have announced the launch of a new €66M Risk Sharing Facility (RSF) to support medium- and large-sized enterprises in...

What is happening in the Ukrainian real estate market in 2025, and what prospects will emerge after the war?

What is happening in the Ukrainian real estate market in 2025, and what prospects will emerge after the war? The Ukrainian real estate market is currently showing signs of stabilization and gradual recovery. In the primary market, prices continue to rise, driven not only by demand but also by an increase in ...

Tuesday, April 29

The EU and Ukraine are exploring ways to secure reparations from Russia.

The EU and Ukraine are exploring ways to secure reparations from Russia. Rebuilding Ukraine after the Russian-instigated war will be costly, with current estimates around £400B. As part of a peace deal advocated by US President Donald Trump, £225B ($300B) of Russian state ...

The Ukrainian government is seeking agribusinesses willing to attract $10M to scale their operations.

The Ukrainian government is seeking agribusinesses willing to attract $10M to scale their operations. The Ministry of Agrarian Policy of Ukraine has announced a call for investment projects from agricultural enterprises looking to modernize and expand into new markets. The goal is to create a consolid...

South Korean ITOXI invests in two glass factories in Ukraine.

South Korean ITOXI invests in two glass factories in Ukraine. The two glass factories will be developed by City One Development and located in the City of Glass industrial park in Berezan, Kyiv region, and the Galicia industrial park in Kalush, Ivano-Frankivsk r...

A Ukrainian agroholding has acquired one of the largest poultry producers in Spain.

A Ukrainian agroholding has acquired one of the largest poultry producers in Spain. MHP, the Ukrainian agro-industrial company, has become the majority shareholder in Uvesa, a leading Spanish poultry firm. In March, MHP secured 41% of Uvesa’s shares and later entered into addit...

After altering the terms of the preferential mortgage program to favor developers, loan issuance fell by 33%.

After altering the terms of the preferential mortgage program to favor developers, loan issuance fell by 33%. In February 2025, Ukrainian banks issued 516 mortgage loans totaling ₴926M, which is 7% higher than the mortgage lending volume in January. However, this amount is a third less than in February of las...

Kyiv is the only city where the demand for retail space has significantly increased.

Kyiv is the only city where the demand for retail space has significantly increased. According to industry experts, prices for retail real estate have begun to rise across Ukraine. The primary trend as of March 2025 shows a price increase and a decline in supply. In terms of demand, m...

Ukrainian businesses created over 22,000 jobs last year and raised salaries by 23%.

Ukrainian businesses created over 22,000 jobs last year and raised salaries by 23%. Large businesses with revenues of over ₴1B ($24M) increased the number of full-time employees by 22,200 in 2024, according to the results of a labor market study. It is noted that these enterprises em...

Monday, April 28

The EU is preparing its 17th package of sanctions targeting Russia, while the US is also threatening Moscow with increased pressure.

The EU is preparing its 17th package of sanctions targeting Russia, while the US is also threatening Moscow with increased pressure. In Kyiv, officials hope that the new restrictions will target key sectors of the Russian economy and serve as a crucial tool in applying pressure on Russia to achieve peace. US Republican Senator Lind...

Warsaw has initiated a preferential lending program to support Polish companies in Ukraine’s reconstruction.

Warsaw has initiated a preferential lending program to support Polish companies in Ukraine’s reconstruction. Poland has introduced a state preferential lending program aimed at assisting Polish businesses in the reconstruction of Ukraine, allocating approximately €58.25M. The maximum loan amount for a single...

An industrial park in the Kyiv region plans to attract 30 residents and $250M in investment by 2030.

An industrial park in the Kyiv region plans to attract 30 residents and $250M in investment by 2030. The Bila Tserkva Industrial Park will not revise its strategic development plan, which aims to draw 30 resident companies and $250M in investment by 2030 while creating up to 4,000 jobs, said Andriy R...

The SPFU is selling a distillery in the Ternopil region for ₴162M and preparing new lots for investors.

The SPFU is selling a distillery in the Ternopil region for ₴162M and preparing new lots for investors. The State Property Fund (SPFU) has announced the second auction for the sale of a single property complex belonging to the Zarubynskyi Distillery state enterprise in the Ternopil region with a startin...

Ukraine introduces a concession project for the Chornomorsk seaport in Warsaw.

Ukraine introduces a concession project for the Chornomorsk seaport in Warsaw. During an investment conference in Warsaw, Ukraine highlighted key aspects of the concession project for the port of Chornomorsk in the Odesa region. These include the terminal’s potential, spec...

The launch of the sea corridor has opened new markets for Ukrainian exporters.

The launch of the sea corridor has opened new markets for Ukrainian exporters. The introduction of the Ukrainian Black Sea Corridor in 2023 significantly impacted the geographical structure of goods exports. It enabled the resumption of deliveries to traditional destinations in ...

The Ukrainian IT market is currently facing the toughest set of challenges it has seen in recent years.

The Ukrainian IT market is currently facing the toughest set of challenges it has seen in recent years. In January 2025, exports of IT services dropped to $489M, down $19M compared to the same period in 2024. This marks the worst start to a year since the onset of the full-scale war. While the Ukrainian...

Friday, April 25

Ukraine fails to reach an agreement on a $2.6B debt restructuring.

Ukraine fails to reach an agreement on a $2.6B debt restructuring. On April 24, Ukraine announced that it was not able to negotiate an agreement with debt holders regarding the $2.6B connected with GDP warrants. Nevertheless, the Finance Ministry intends to continue ...

Throughout the month, Ukrainians increased their bank accounts by ₴1.7B.

Throughout the month, Ukrainians increased their bank accounts by ₴1.7B. As of April 1 2025, the total amount of consumer deposits, including those from individual entrepreneurs (FOPs), in Ukrainian banks surpassed ₴1.392T, which is ₴1.7B ($40M) more than at the beginning ...

Ukraine’s external financing needs for 2025 are fully met.

Ukraine’s external financing needs for 2025 are fully met. According to Finance Minister Serhiy Marchenko, this year’s macro financial support from Ukraine’s key partners will amount to $16.8B, completely covering its external financing needs for ...

Finnish Peikko will soon launch a €3M building materials production plant in the Kyiv region.

Finnish Peikko will soon launch a €3M building materials production plant in the Kyiv region. On April 24, the Finnish company, Peikko Group Corporation, officially announced the commissioning of an industrial building for a future plant that will produce concrete compounds and composite struc...

Ukraine could potentially replace US bioethanol exports to Europe.

Ukraine could potentially replace US bioethanol exports to Europe. The country has 17 bioethanol plants with a production capacity of 430,000 tons of G1 alcohol, used as an eco-friendly additive for gasoline in the EU and Switzerland. Since May, Ukraine has mandated ...

Renewable energy and innovation in the agricultural sector: Who can attract grants for business development?

Renewable energy and innovation in the agricultural sector: Who can attract grants for business development? Both state institutions and private companies are eligible to secure funding for the implementation of projects related to renewable energy sources. Priority is being given to solar and wind energy pr...

How many stores did Ukraine’s largest grocery retailers open last year?

How many stores did Ukraine’s largest grocery retailers open last year? The undisputed leader in Ukrainian grocery retail, the ATB chain, already had 1,257 stores by the end of 2024. Last year, the retailer opened 47 new outlets and renovated 11 more locations. In turn, F...

Thursday, April 24

Last year, warehouse operators in Kyiv began to refocus on large-scale transactions.

Last year, warehouse operators in Kyiv began to refocus on large-scale transactions. This year, warehouse space in Kyiv will increase by a record amount, which will help increase vacancy in the tight logistics market. Last year, the total supply of warehouse area in the capital grew b...

Ukrainian cheese producers are losing market share due to increasing imports.

Ukrainian cheese producers are losing market share due to increasing imports. Arsen Didur, executive director of the Union of Dairy Enterprises, warns that large cheese producers in Ukraine may cease operations by the end of 2025 if imports capture 80% of the domestic market by...

Every tenth bottle of juice worldwide is produced from Ukrainian fruit concentrates.

Every tenth bottle of juice worldwide is produced from Ukrainian fruit concentrates. As stated by Minister of Agrarian Policy Vitaly Koval, these concentrates are produced at TBF Group plants, which process around 300,000 tons of raw material each season. The main markets for these pr...

Ukraine seeks investors for several production facilities.

Ukraine seeks investors for several production facilities. In the Odesa region, a factory producing instant coffee and related products is up for sale in the city of Chornomorsk. This sale is part of enforcement proceedings. The facility features an eight-sto...

The screening of Ukraine’s legislation for EU accession is taking place at an unprecedented pace and is set to be completed in the fall.

The screening of Ukraine’s legislation for EU accession is taking place at an unprecedented pace and is set to be completed in the fall. European Commission spokesman Guillaume Mercier noted that the process of verifying the compliance of Ukrainian legislation with EU law, as part of accession negotiations, is underway and progressing ...

The EU promises better trade conditions for Ukraine after June 5 than they were before 2022.

The EU promises better trade conditions for Ukraine after June 5 than they were before 2022. The Ukrainian government, along with the European Commission, are working to adopt new trade terms that will come into effect after June 5. Otherwise, the provisions of the Association Agreement will ...

Wednesday, April 23

Ukraine’s real GDP growth in the first quarter was 1.1%.

Ukraine’s real GDP growth in the first quarter was 1.1%. The IER reports that in March, due to better access to electricity and the gradual recovery of demand, Ukraine’s economic situation improved slightly – real GDP growth was 1.3%. In contrast, in ...

This year, the number of hotel rooms in Ukraine will increase by 1,400 rooms.

This year, the number of hotel rooms in Ukraine will increase by 1,400 rooms. According to EY Ukraine, the largest hotels that are scheduled for commissioning in 2025 are located in the safer regions of western Ukraine. Specifically, the Ivano-Frankivsk region will see the most...

The IMF has downgraded its global economic growth forecast but expects a moderate recovery for Ukraine.

The IMF has downgraded its global economic growth forecast but expects a moderate recovery for Ukraine. According to the IMF’s World Economic Outlook (WEO), global economic growth will slow in the coming years. This year, global GDP is projected to grow by only 2.8% and by 3% in 2026. For comparis...

One of Europe’s largest manufacturers of window and door hardware continues to invest in its Dnipro factory.

One of Europe’s largest manufacturers of window and door hardware continues to invest in its Dnipro factory. AXOR Industry’s total investment in launching, expanding, and developing its factory that produces window and door hardware in Dnipro has reached €40M. According to Minister of Economy Yulia Svy...

The price for one ton of Ukrainian agricultural exports has increased by 40% compared to 2024.

The price for one ton of Ukrainian agricultural exports has increased by 40% compared to 2024. According to the Ministry of Agrarian Policy, the price of a ton of Ukrainian agricultural exports increased from $315 in 2024 to $443 in April 2025. This growth is attributed to a rise in exports of ...

Tens of millions of euros are necessary to modernize Ukraine’s port infrastructure.

Tens of millions of euros are necessary to modernize Ukraine’s port infrastructure. According to Oleksandr Semyrga, head of the Ukrainian Sea Ports Administration, prior to the onset of the full-scale Russian invasion 13 seaports were operational in Ukraine, but only six are currentl...

Tuesday, April 22

Ukraine and the US are nearing the completion of a mineral deal.

Ukraine and the US are nearing the completion of a mineral deal. On April 17, the two parties signed a memorandum affirming their intention to finalize an agreement that will benefit both nations and establish the Investment Fund for the Reconstruction of Ukraine. ...

Ukraine’s defense industry is driving demand for metal products needed in mechanical engineering by 25 to 30%.

Ukraine’s defense industry is driving demand for metal products needed in mechanical engineering by 25 to 30%. Since 2023, the Ukrainian market for metal products used in machine building has shown a gradual recovery, growing by 25 to 30% based on last year’s results. Estimates indicate that in 2024 the Ukrain...

Ukraine’s reconstruction is driving the growth of the metal products market for the construction industry.

Ukraine’s reconstruction is driving the growth of the metal products market for the construction industry. The market for metal structures used in construction in Ukraine grew by 15% in 2024, reaching 91,000 tons. Last year, the construction segment in Ukraine accounted for 24% of total steel consumption, ...

Logistics companies operating in Ukraine increased their revenue by 12%.

Logistics companies operating in Ukraine increased their revenue by 12%. In 2024, the top ten companies in the transport and logistics sector generated more than ₴243B ($5.8B) in total revenue, which is 12% higher than in 2023. Eight companies saw their revenue rise, but o...

Trump’s trade war: European companies urged to increase purchases of US liquefied natural gas as China boosts its imports from Russia.

Trump’s trade war: European companies urged to increase purchases of US liquefied natural gas as China boosts its imports from Russia. The EU will release a roadmap on May 6 to phase out its purchases of Russian fossil fuels and continue to decrease Russian imports, according to European Council President Antonio Costa. “This c...

Business expectations improved in the first quarter of the year, with more than a third of companies ready to invest.

Business expectations improved in the first quarter of the year, with more than a third of companies ready to invest. In the first quarter of 2025, the Business Expectations Index (BEI) for Enterprises rose to 108.2%, up from 101.8% in the fourth quarter of 2024. The NBU noted that hostilities and their consequences ...

Friday, April 18

The Ministry of Economy clarifies the details of the mineral agreement with the US.

The Ministry of Economy clarifies the details of the mineral agreement with the US. This agreement does not outline specific amounts or debts, but it emphasizes establishing a framework for joint investment and mutual benefit, noted Deputy Minister of Economy Taras Kachka. “Cur...

The National Bank of Ukraine keeps the discount rate unchanged at 15.5%.

The National Bank of Ukraine keeps the discount rate unchanged at 15.5%. The Board of the NBU has decided to hold the discount rate steady at 15.5% to sustain the foreign exchange market’s stability, control inflation expectations, and gradually reduce inflation to t...

Ukraine’s gas shortage can only be resolved through market liberalization.

Ukraine’s gas shortage can only be resolved through market liberalization. Ukraine must liberalize its gas market as soon as possible to attract Ukrainian and European traders as well as industrial consumers for imports. Otherwise, a lack of resources and funding may disrupt...

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