Business news from Ukraine

Business news from Ukraine

Grain exports from Ukraine fell 15 times at start of 2025/26 season

As of July 7, Ukraine had exported 77,000 tons of grains and legumes since the start of the 2025/26 marketing year (July-June), according to the press service of the Ministry of Agrarian Policy and Food, citing data from the State Customs Service.

According to the report, as of July 5 last year, total shipments amounted to 1.131 million tons.

At the same time, in terms of crops, since the beginning of the current season, 25,000 tons of wheat (320,000 tons in 2024/25 MY) and 0 tons of barley (134,000 tons) were exported, while corn exports amounted to 51,000 tons (673,000 tons).

Total exports of Ukrainian flour since the beginning of the season as of July 7 are estimated at 0.8 thousand tons (in 2024/25 MY – 1.8 thousand tons), including wheat flour – 0.8 thousand tons (1.7 thousand tons).

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Czech arms manufacturer opens office in Ukraine

Czech arms manufacturer Excalibur Army has opened an office in Ukraine, according to the company’s press service.

“This step is aimed at strengthening local cooperation, optimizing logistics, and launching joint defense production on Ukrainian soil,” the statement said.
The company noted that as a member of the Czech-Slovak Group (CSG), Excalibur Army has played a decisive role in supplying weapons and military equipment to Ukraine since the first days of the conflict with the Russian Federation.

“We have delivered more than a thousand ground systems to Ukraine, including tanks, infantry fighting vehicles, artillery systems, and missile launchers, as well as more than two million large-caliber ammunition rounds. With the new office, our company aims to expand its presence and intensify cooperation with Ukrainian defense and industrial partners. Thanks to our cooperation with Ukrainian Armored Vehicles, we have already prepared a project for the local production of large-caliber ammunition,” the company said.

The Ukrainian office will handle orders, documentation, and technical consultations, which will significantly speed up response times and increase operational flexibility.

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European Central Bank pleased with progress in slowing inflation, but concerned about strengthening euro

The European Central Bank (ECB) considers the current level of key interest rates to be justified and remains committed to the goal of maintaining inflation in the euro area at 2% in the long term, ECB President Christine Lagarde said.

“Our aspiration, commitment and duty is to ensure price stability, and this corresponds to inflation in the region of 2%,” she said in an interview with the German newspaper ARD. “We have succeeded, inflation is already at 2%, and we will continue to work in this direction.

“We will do everything necessary to ensure that inflation remains at this level,” Lagarde added. “Uncertainty is high, we are surrounded by unpredictability, but there is confidence and stability in terms of prices.

Meanwhile, François Villeroy de Galo, Governor of the Bank of France and member of the ECB Governing Council, warned that the 14% strengthening of the euro since the beginning of the year poses a risk of too low inflation.

In his opinion, a 10% rise in the euro reduces inflation by 0.2 percentage points over the next three years.

“This may increase the risks that inflation will be below our target, and we cannot ignore this,” de Galo said.

Earlier, ECB Vice President Luis de Guindos noted that the rise of the euro/dollar pair above $1.2 could complicate the central bank’s task of achieving the target inflation rate.

The ECB has cut rates eight times over the past year, and now the key deposit rate is 2%. Analysts and market participants generally expect that the regulator will not change rates at the July meeting in order to assess the impact of the measures already taken on the eurozone economy.

Source: http://relocation.com.ua/yevropeyskyy-tsentralnyy-bank-zadovolenyy-uspikhamy-v-upovilnenni-infliatsii-ale-sturbovanyy-zmitsnenniam-yevro/

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Trump administration is preparing “regime change” in EU through support for far-right parties — EUobserver

According to a column by Caroline de Gruyter published on EUobserver, circles close to Donald Trump’s administration are preparing a strategy to change regimes in EU countries through active support for far-right movements in Europe.

The Geneva-based analyst claims that Washington intends to use parties such as the AfD in Germany, PiS in Poland, and Patriots for Europe to weaken Brussels’ position and “turn Europe into a vassal of the US.” According to EUobserver sources, the White House is already providing “geopolitical and financial support” to these movements.

EUobserver is a European publication focusing on EU politics. The original article is a column by Karolina de Grutter.

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NBU revokes license of FC “Fraser”

The National Bank of Ukraine (NBU) has revoked the license of FC “Fraser” (Kyiv) to operate as a financial company providing funds and bank metals on credit and factoring, according to the NBU website. This decision was made by the Committee for Supervision and Regulation of Non-Bank Financial Services Markets on July 7, 2025.

According to information, in June of this year, the NBU took measures to conduct a scheduled inspection of the aforementioned financial company. When attempting to carry out the inspection, it was established that Frazier FC was not located at the address specified in the Unified State Register of Legal Entities, Individual Entrepreneurs, and Public Organizations. This made it impossible to conduct the inspection and is grounds for revoking the financial company’s license.

The information emphasizes that, as of July 8, 2025, FC “Fraser” is not authorized to provide financial services (in particular, to conclude new contracts, extend the term of existing contracts, and increase the amount of obligations under them).

FC “Fraser” was registered in March 2018. Its authorized capital is UAH 6.5 million.

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Cabinet of Ministers approved rules for transporting animals on intercity and international buses

The Cabinet of Ministers of Ukraine approved the rules for transporting animals on intercity and international buses developed by the Ministry of Community and Territorial Development in cooperation with UAnimals. Among the mandatory requirements for all domestic animals is the presence of a veterinary document.

According to the Ministry of Development’s website, the relevant decision was approved by the government at a meeting on July 7, specifically regarding changes to Cabinet of Ministers Resolution No. 176 on bus transportation rules.

It is noted that animals weighing up to 10 kg – dogs, cats, ornamental birds, rodents – must be transported in special containers, cages, or bags with absorbent bottoms. Such animals may be held in the arms, under the seat, or in a separate place, provided that a ticket is purchased at the adult passenger fare.

In addition, medium and large dogs weighing between 10 and 45 kg may only be transported with a muzzle and on a leash. Passengers are required to purchase all adjacent seats in the same row and place the animal on the floor on a special mat. It is prohibited to use a seat to accommodate an animal. No more than one pet may be transported in the cabin at a time, or two if accompanied by one person.

Dogs weighing more than 45 kg may only be transported in accordance with the carrier’s specific conditions in specially equipped transport.
The rules also state that guide dogs accompanying persons with disabilities are transported free of charge, without purchasing a seat, wearing a muzzle and on a short leash, next to the person they are accompanying.

“The new rules are a step towards safer, more predictable, and more humane transport. They take into account the needs of passengers, animals, and market operators. And importantly, this is another element of harmonization of Ukrainian norms with European standards,” added Deputy Minister of Community and Territorial Development Serhiy Derkach.