Business news from Ukraine

Business news from Ukraine

15% discount on implants from ADONIS

Losing a tooth is not a death sentence!

Thanks to modern implant technology, restoring comfort and health has become easier than ever. And now is the perfect time to do so, as ADONIS dental clinic is offering special terms: 15% discount on implants!

Terms and conditions

What is included in the implant package?

  • South Korean-made implant (Osstem, Dentium, ISX Premium): quality guarantee, reliable engraftment, durability, and natural appearance.
  • Professional implant installation: safe, accurate, and comfortable.
  • OptraGate as a gift – a convenient retractor that ensures patient comfort during the procedure.

Why choose Osstem, Dentium, ISX Premium?

South Korean implants Osstem, Dentium and ISX Premium are distinguished by their quality, which significantly exceeds their cost:

  • Easy osseointegration.
  • Long service life with proper care.
  • Comfort and aesthetics for every patient.

Contacts and appointment

Make an appointment with a dentist and subsequent implantation at the reception desk or through the contact center at 0 800 707 707

You can also find out more about implant installation and make an appointment by calling the dental clinic at 067 314 34 38

When making an appointment, please mention that you would like to take advantage of the special offer.

ADONIS – quality medicine for adults and children.

ADONIS is a network of private medical centers for adults and children. The ADONIS private clinic was founded over 25 years ago. Its network includes seven branches in Kyiv and the surrounding region, including a rehabilitation center and a stem cell laboratory. At the clinic’s branches, doctors provide consultations in 65 medical fields. In the conditions of war, ADONIS branches with surgical departments provide high-quality medical care to military personnel and civilians.

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Analysis of residential real estate market in Latvia by Relocation

Results for January-May 2025

Decline in Euribor rates

A sharp drop in the Euribor interbank rate by 0.25 percentage points in June 2024 and subsequent easing reduced the cost of mortgage lending. This brought buyers back to the market, especially large families and investors.

Market activity

After the winter slump, an unexpected surge in transactions was observed in January: the number of available properties fell by more than a third, and some market segments experienced shortages. This signaled a recovery in demand.

Mortgage lending trends

New changes in legislation have eased refinancing conditions, with a number of fees abolished and commission thresholds reduced. This has encouraged homeowners who are willing to change their loan terms.

Rental market

Renting a home to avoid extreme risks is becoming a lifestyle choice—renting is no longer just a temporary measure, but a full-fledged alternative to buying. Cafes, coworking spaces, and city services have moved renting into a new category.

Growth in foreign investment

Latvians continue to invest in housing abroad, especially in Southern Europe, and foreign investors are attracted by the growing rental market – but government regulation has already restricted short-term rentals in some countries.

Dynamics in the regions

There is active construction of rental housing (ALTUM projects) in the regions. However, housing shortages in cities such as Ventspils, Cesis, and Jurmala remain a problem.

Prices and forecast for the end of 2025

According to estimates, average housing price growth rates in Latvia are expected to be in the range of 3-7% by the end of the year. For example, a 60 m² apartment in Riga for €150,000 could rise in price to €154,500-160,500.

Breakdown by property type:

Property type Growth forecast

Studio (30 m², €75,000) to €77,250-80,250

Apartment (75 m², €200,000) to €206,000-214,000

Penthouse (100 m², €500,000) up to €515,000-535,000

Where the highest price growth is expected

  • Old Riga – high attractiveness, demand from foreigners and creative sector employees.
  • Agnese, Miera, and Skulte – active renovation, growth of infrastructure projects, and development of workspaces.
  • Mezaparks and Pardaugava – green areas with investment potential, especially for families.
  • Regional cities (Jurmala, Bauska, Cesis, etc.) – demand is picking up, but there are still problems with quality and mortgage financing.
Risks and challenges
  • Mortgage availability: despite lower rates, banks remain cautious, especially in the regions. This limits the options for some buyers.
  • Rental oversupply: an excess of new properties could lead to lower returns.
  • Economic instability: global shocks, including trade wars, could slow infrastructure development and demand.
Conclusions
  • Price: Moderate growth (+3-7%) is expected across Latvia, especially in the capital and attractive areas.
  • Mortgages: Refinancing will drive demand, especially for large apartments.
  • Rental market: Renting is more than just an alternative to buying; it is a lifestyle choice.
  • Investor strategy: attractive investments in mixed-use and regional projects, taking into account renovation and infrastructure development.

Source: http://relocation.com.ua/rynok-zhytlovoi-nerukhomosti-v-latvii-ohliad-sichnia-travnia-2025-roku-ta-prohnoz-na-kinets-roku/

 

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Imports to Ukraine grew by 13.8% in five months, exports remained unchanged

Imports of goods to Ukraine in January-May 2025 reached $31.3 billion, which is 13.8% more than in the same period of 2024, but exports remained at the same level as in the same period last year, at $16.9 billion ($16.8 billion in 2024), according to the State Customs Service of Ukraine.

“Taxable imports amounted to $23.8 billion, accounting for 76% of total imports. The tax burden per 1 kg of taxable imports in January-May 2025 was $0.51/kg,” according to a publication on the agency’s Telegram channel on Friday.

The leaders among importing countries have remained unchanged for the last three months: China – $6.5 billion, Poland – $2.9 billion, and Germany – $2.6 billion.

For the second month in a row, the top three exporting countries are Poland ($2 billion), Turkey ($1.4 billion), and Italy ($1 billion).

In the total volume of goods imported in January-May 2025, 68% were machinery, equipment, and transport—$11.9 billion (with customs clearance of these goods, 75.6 billion UAH, or 29% of customs payments, were paid to the budget), chemical products – $5.2 billion (UAH 41 billion and 15%, respectively), and fuel and energy – $4 billion (UAH 72.6 billion and 27%).

The top three most exported goods from Ukraine traditionally included food products – $9.7 billion, metals and metal products – $1.9 billion, and machinery, equipment, and transport – $1.5 billion.

According to the State Customs Service, in the first five months of 2025, UAH 121.6 million was paid to the budget during customs clearance of exports subject to export duties.

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Ukraine rose to top 10 net exporters of pig iron, consumption increased by 21%

According to the results of 2024, Ukraine produced 7.1 million tons of pig iron, of which 1.3 million tons were exported. Apparent consumption of pig iron increased to 5.8 million tons, which is 21% more than in 2023 (4.8 million tons).

Ukraine rose to 10th place in the global ranking of net pig iron exporters with 3.4 million tons, while in 2023 it ranked 12th with 2.2 million tons.

Despite the positive dynamics in pig iron production and exports, Ukraine remains outside the top 20 steel exporters, a status it lost after 2021, when it exported 15.7 million tons of metal products and ranked 10th in the world.

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Steel consumption in Ukraine increased by 5.9% in 2024, but did not return to global ranking of leaders

In 2024, Ukraine increased its apparent steel use by 5.9% compared to 2023, from 3.4 million tons to 3.6 million tons. Per capita consumption was 95 kg (compared to 93.4 kg in 2023). This is significantly lower than the global average of 214.7 kg per capita.

According to Worldsteel, Ukraine produced 7.6 million tons of steel in 2024 (6.2 million tons in 2023), ranking 22nd in the world. Despite the growth, Ukrainian companies did not make it into the list of the world’s 50 largest steel producers, whereas in 2014–2021, the Metinvest Group was present in it.

The world leaders in steel production in 2024 remained China Baowu Group (130.09 million tons), ArcelorMittal (65 million tons), Ansteel Group (59.55 million tons), Nippon Steel (43.64 million tons), and HBIS Group (42.28 million tons).

Ukraine and Norway extend “transport visa-free regime” until end of 2025

The Ministry of Development of Communities and Territories of Ukraine (Ministry of Development) and the Ministry of Transport of Norway have agreed to extend the liberalization of freight transport until the end of 2025 with the possibility of automatic renewal.

“Transport visa-free travel” is about strengthening economic ties, saving resources, and improving business efficiency. I am grateful to our partners in the Norwegian government for supporting this decision. We are working to expand these opportunities next year,” said Deputy Prime Minister for the Restoration of Ukraine, Minister of Community and Territorial Development Oleksiy Kuleba in a press release.

It is noted that the liberalization of transport with Norway has been extended for the second time. The first such agreement between the countries was reached in August 2023. To date, “transport visa-free travel” is available with 35 countries, including the EU.

The Ministry of Development reminds that drivers must have a certificate confirming the environmental class of the vehicle on board in order to take advantage of the transport liberalization conditions.
As reported, in April, “transport visa-free travel” between Ukraine and the EU was extended until the end of 2025.