Business news from Ukraine

Business news from Ukraine

New Ambassador of Ukraine to Angola appointed

President of Ukraine Volodymyr Zelenskyy has signed Decree No. 523/2025 on the appointment of Andriy Kasyanov as Ambassador Extraordinary and Plenipotentiary of Ukraine to the Republic of Angola.

Prior to his appointment to Luanda, Andrii Kasyanov served as Charge d’Affaires of Ukraine in Germany. He is a career diplomat, having worked in the Department of International Organizations of the Ministry of Foreign Affairs of Ukraine, as well as in Ukrainian diplomatic missions in West Africa and Central Europe. He is known for his participation in negotiations on humanitarian and economic issues, as well as for projects to develop bilateral ties with the countries of the Global South.

Diplomatic relations between Ukraine and Angola were established in 1992. The Embassy of Ukraine in Angola was opened later as part of the strategy to expand Ukraine’s presence in Africa. Today, areas of cooperation include the agricultural sector, education, medical equipment, and participation in UN peacekeeping initiatives.

Kasyanov’s appointment demonstrates Kyiv’s intention to intensify ties with Angola, one of the largest economies on the African continent, and strengthen political dialogue, including through support for Ukraine on international platforms.

 

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New Ukrainian ambassador to Republic of Cyprus appointed

Ukrainian President Volodymyr Zelensky has appointed Serhiy Nizhinsky as Ukraine’s Ambassador Extraordinary and Plenipotentiary to the Republic of Cyprus. The relevant decree No. 511/2025 has been published on the website of the head of state.

Prior to his appointment to Nicosia, Nizhinsky held a number of positions in the executive branch and diplomatic service. He has experience working in the Ministry of Foreign Affairs, including in positions related to human rights, European integration, and international humanitarian cooperation. In 2020–2021, he also served as Deputy Minister of Social Policy of Ukraine.

Nizhinsky replaced Ruslan Nymchynsky, who previously represented Ukraine as ambassador to Cyprus.

Diplomatic relations between Ukraine and Cyprus were established on February 19, 1992.

The Ukrainian Embassy in Nicosia has been operating since 1999.

 

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New Ukrainian ambassador to Estonia appointed — Volodymyr Boiechko

Ukrainian President Volodymyr Zelensky has signed Decree No. 521/2025 appointing Volodymyr Boiechko as Ambassador Extraordinary and Plenipotentiary of Ukraine to the Republic of Estonia.

Boiechko replaced Maksym Kononenko, who was dismissed by decree No. 509/2025. Prior to this appointment, Boiechko worked in the central office of the Ministry of Foreign Affairs and had experience in diplomatic service in EU countries and international organizations.

He specializes in European integration, regional security, and bilateral diplomacy. Ukraine and Estonia established diplomatic relations on January 4, 1992, after Estonia recognized Ukraine’s independence on August 26, 1991.

The Embassy of Ukraine in Tallinn was officially opened in 1992. Since then, the two countries have maintained active political, economic, and cultural ties. Estonia is one of Ukraine’s most consistent supporters in the EU and NATO, providing comprehensive assistance, including humanitarian, military, and digital aid.

 

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New Ambassador of Ukraine to Spain appointed

Decree No. 532/2025 appointed Yulia Sokolovska as Ambassador Extraordinary and Plenipotentiary of Ukraine to Spain and Permanent Representative to the World Tourism Organization.

Sokolovska is a former Minister of Social Policy of Ukraine, head of the Ukrainian Defense Industry, and a specialist in the development of the tourism industry. Diplomatic relations with Spain were established in 1992.

 

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New Ambassador of Ukraine to Mexico appointed

The President has signed Decree No. 528/2025, appointing Sergiy Pogoreltsev Ambassador Extraordinary and Plenipotentiary of Ukraine to Mexico (including accreditation in Panama, Belize, Guatemala and Costa Rica).

Pogoreltsev is a career diplomat who has represented Ukraine in Spain, Andorra and the World Tourism Organization since 2020. Diplomatic relations between Ukraine and Mexico were established in 1992.

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NovaPay increased number of transfers by 6% and their volume by 26%

In the first six months of 2025, NovaPay customers made 205 million transfers, which is 6% more than in the first six months of 2024.
“The total volume of transactions through the system reached UAH 172 billion, which is 26% more than last year,” the company said in a press release on Tuesday.

According to NovaPay CEO Andriy Kryvoshapko, the company’s total direct investment in the first half of 2025 amounted to UAH 230 million, and the volume of taxes for this period increased by 12% compared to the first half of 2024 – up to UAH 765 million.

NovaPay is an international financial service that is part of the NOVA group of companies (Nova Poshta). The company, which employs 13,000 people, serves customers both online and in more than 3,600 Nova Poshta branches.

According to the NBU, its share in the remittance market was 22.7%.
The company was the first non-bank institution in Ukraine to receive an extended license from the NBU, which allows it to open accounts and issue payment cards.