Business news from Ukraine

Business news from Ukraine

Number of hospitalizations due to COVID-19 has increased several times in Kiev

The Department of Health of the Kyiv City State Administration reports a multiple increase in the number of hospitalizations due to COVID-19 in the Ukrainian capital since the beginning of July.

“If as of July 1, 15 people were in the infectious disease departments of inpatient communal medical institutions, at the moment – 68, 24 of them – children. It is clear that in hospitals get those whose course of illness can not be called mild and who need constant monitoring of medics, serious treatment, oxygen support, etc.,” – reported on the page of the Department in Facebook on Thursday evening.

The post notes that staying in shelters – enclosed spaces with limited ventilation – increases the risk of infection, including COVID-19. “Don’t forget your mask in closed confined spaces…. Wash your hands regularly or use antiseptic. Stay at home and seek medical attention at the first symptoms,” the department advised.

 

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Almost 2,000 criminal cases suspended in Ukraine this year due to mobilization

At least 7.3 thousand criminal cases have been suspended due to the defendant’s conscription into the army since the beginning of the full-scale invasion, according to the court registry search engine Babusya. Thus, this year, more than 1,900 cases have been suspended due to the mobilization of the accused. This is almost as many as for the whole of 2023. The largest number of such cases this year is in Kyiv, Lviv, and Dnipro regions.

At least 7,312 criminal proceedings have been suspended due to the mobilization of the accused into the Armed Forces since the beginning of the full-scale invasion. This legal mechanism appeared in 2022, when the Criminal Procedure Code of Ukraine was amended, and since then it has been actively used by the courts.

The number of such suspensions is growing from year to year. For example, 858 cases were suspended in the first year of the full-scale program, and the number of such cases has only increased every year. The record year was 2024, when 2,406 cases were stopped where the accused joined the Armed Forces. This year, there are already 1973 suspended cases.

Most of the decisions to suspend cases due to mobilization were made in Kyiv region – 617. The second place is occupied by Lviv region (582), and the third place is occupied by Dnipropetrovs’k region (559).

It should be understood that the suspension of proceedings is not the same as automatic exemption from liability. However, in fact, the case is postponed indefinitely. This creates an opportunity for abuse – especially in high-profile corruption cases or when it comes to rear-guard positions where participation in hostilities is not required.

That is why the Verkhovna Rada has registered draft law No. 13284, which proposes to amend the Criminal Code and the Criminal Procedure Code regarding the specifics of prosecuting persons called up for military service. In particular, it provides for the possibility of continuing pre-trial investigation and trial of cases on certain categories of crimes, even despite the mobilization of the accused.

The new draft law should also reduce opportunities for abuse of mobilization: the suspension of proceedings should be clearly limited to cases of direct participation of the accused in defense measures, confirmed by a combat order (instruction) issued by the commander of a military unit or subdivision.

“Currently, there is obviously a lack of a mechanism to appeal the suspension of proceedings and resume the proceedings in cases where the court or a party abuses its right. Of course, mobilization should not become a circumstance that offsets the fundamental principles of criminal procedure, in particular, the implementation of the principle of access to justice, competition and inevitability of punishment. However, we should also think about a person who, risking his life, wants to at least whitewash his reputation, but is unable to defend himself in court while at war,” comments Tetiana Popovska, senior associate at Asters.

https://opendatabot.ua/analytics/mobilization-and-court

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Antimonopoly Committee of Ukraine fined two companies for collusion in procurement for state-owned enterprise Lesy Ukrainy

The Antimonopoly Committee of Ukraine (AMCU) found LLC “Marxoll” (formerly LLC “Dryada Zakhid”) and LLC “Ligna Ukraine” guilty of collusion during their participation in two tenders for the purchase of plastic cassettes (with an estimated value of UAH 34,470,680.00) and the purchase of tags for marking timber (with an estimated value of UAH 26,534,070.00) held by the state-owned enterprise Lesa Ukrainy in 2023 and 2024, the press service of the agency reported.

The committee established circumstances which, taken together, indicate that the companies engaged in anti-competitive concerted actions with the aim of eliminating competition between them during their participation in the aforementioned tenders. The facts revealed showed joint and coordinated behavior by the companies in preparing for and participating in the tenders, as well as communication between them and the exchange of information, the statement said.

The AMCU recognized the actions of Markosoll LLC and Ligna Ukraine LLC as a violation of competition law under paragraph 4 of part 2 of Article 6, and Article 50(1) of the Law “On Protection of Economic Competition,” which led to a distortion of the tender results, and fined them a total of UAH 5,495,260.

The agency recalled that, according to the Law “On Public Procurement,” the basis for refusing to participate in a procurement procedure is the fact that a business entity (participant) has been held liable within the last three years for committing anti-competitive concerted actions related to the distortion of tender results.

 

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69% of Ukrainian citizens ‘in favor’ of negotiated end to war – Gallup

A new poll shows that some 69% of respondents in Ukraine believe their country should seek an early negotiated end to the war with Russia, data obtained by the American Institute for Public Opinion Research Gallup shows.

“In the latest Gallup poll in Ukraine, conducted in early July, 69% of respondents favored an early negotiated end to the war, while 24% support continuing the fight until victory,” the organization’s website says.

The survey also shows that Ukrainians’ hopes of joining NATO and the European Union have faded and support for the US leadership has plummeted, Ukrainians still see the EU, the UK and the US as key players in ending the war. However, most doubt this will happen anytime soon.

“Although the vast majority of Ukrainians now favor a negotiated end to the war as soon as possible, most are skeptical that active fighting will end anytime soon. One in four (25%) believe that active hostilities are likely to end within the next 12 months, although only 5% consider this “very likely.” More than two-thirds (68%) believe that active hostilities are unlikely to end within the next year,” the survey says.

It is noted that Ukrainians’ views on the US as a military ally have changed dramatically since the first months of the war.

“In 2025, 16% of Ukrainians approve of US leadership, while 73% express disapproval, a record high. All the goodwill that Washington accumulated in 2022, when 66% approved of U.S. leadership, has disappeared,” the institute reports.

Despite the sharp disapproval of US leadership, a majority of Ukrainians still believe Washington has a significant role to play in ending the war.

“70% believe that the US should play a ‘significant role’ in peace talks, which is in line with views relative to EU countries (75%) and the UK (71%).” Although some negotiations have recently taken place in Turkey, 55% of Ukrainians support its significant involvement, which is much lower than support for the EU, the UK and the US,” the pollsters inform.

But the perception of Germany has improved significantly this year. “The approval rating for Berlin’s leadership reached a record high of 63%, despite Germany’s more cautious stance in the early months of the war. Russia’s approval rating remains insignificant (1%), and China continues to receive low marks (8%), as it did at the beginning of the war,” the study said.

Ukraine has long expressed a desire to join NATO, which many see as crucial to the country’s long-term security.

“In the first two years of the war, there were high hopes for rapid NATO membership, with large majorities (64% in 2022 and 69% in 2023) expecting Ukraine to be admitted to the Alliance within the next decade. Hopes for early NATO membership fell to 51% last year and continue to decline, reaching 32% in 2025… Meanwhile, the percentage of those who believe Ukraine will never be admitted to NATO rose to 33%, the same percentage as those who expect to join within the next 10 years,” the American Institute for Public Opinion Research reported.

The survey results are based on a sample of 1,000 or more respondents aged 15 and older living in Ukraine. Some territories that are under Russian control and have a population of about 10% were excluded from surveys conducted after 2022 due to lack of access.
As reported, Russia’s conditional peace plan, which among other things includes a significant reduction of Ukraine’s army, refusal of NATO membership and the transfer of Ukrainian-controlled territories under Russian control, is categorically rejected by 76% of Ukrainians, can agree to Russia’s demands – 17%, as evidenced by the results of a survey conducted by the Kyiv International Institute of Sociology during July 23 – August 4, 2025.

https://interfax.com.ua/

 

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Global insured losses from natural catastrophes in first half of 2025 reached $80 bln

Global insured losses from natural catastrophes in the first half of 2025 reached $80 billion, which is almost double the 10-year average, according to the Swiss Re Institute.

According to its website, this already exceeds half of the projected annual figure of $150 billion.

Swiss Re Institute notes that wildfire losses have risen sharply over the past decade as rising temperatures, more frequent droughts and changing rainfall patterns combine with suburban sprawl and a concentration of high-value assets.

For example, he said, wildfires in Los Angeles County, USA, in January resulted in insured losses of about $40 billion in the first half of 2025, while insured losses from severe convective storms (SCS) reached $31 billion.

“By 2015, insured losses related to wildfires accounted for about 1% of all natural catastrophe-related insured losses. Since eight of the 10 most expensive wildfires in recorded history occurred in the last 10 years, the share of insured losses related to wildfires has risen to 7%,” the Swiss Re Institute explained.

Meanwhile, the institute said: although the first half of 2025 saw several devastating thunderstorms with severe hail and tornado outbreaks in the US, total losses caused by SCS fell below both the projected trend of $35 billion and the record-breaking events of 2023 and 2024.

“However, SCS continue to be a major driver of global natural catastrophe insurance losses, with annual volatility highlighting their ongoing threat to property and infrastructures,” Swiss Re Institute said in a statement

As insured losses rise globally, overall economic losses are also rising, with Swiss Re Institute reporting $143 billion in the first half of 2025, up from $130 billion in the same period in 2024.

 

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Net foreign exchange interventions of the National Bank increased by almost a third in July

In July, the National Bank of Ukraine (NBU) increased its sales of foreign currency on the interbank market by $873.6 million, or 30.9%, to $3.69 billion, according to statistics on the regulator’s website.
According to the statistics, the National Bank’s purchases of foreign currency in July fell to $0.83 million from $1.2 million in June, and last week the NBU’s foreign exchange interventions decreased by $171.9 million, or 21.2%, to $639.6 million compared to the previous week.
In July, the official hryvnia to dollar exchange rate strengthened from 41.7788 UAH/$1 to 41.7662 UAH/$1.
In the cash market, the hryvnia exchange rate strengthened by almost 13 kopecks over the month: buying at around 41.48 UAH/$1, selling at 41.58 UAH/$1.
“In July, the dollar to hryvnia exchange rate continued to demonstrate high stability with insignificant intraday volatility that did not turn into trend movements,” said experts from KYT Group, a major participant in the cash foreign exchange market.
They point out that the exchange rate fluctuations do not exceed 0.2%, which indicates an extremely restrained market reaction – especially given the announcement of important macroeconomic signals.
In their opinion, in the short term (one to three weeks), the corridor of 41.40-42.10 UAH/$ will remain in place in the absence of external shocks or surges in demand from importers.
KYT Group analysts expect that in the medium term (up to three months) the exchange rate may gradually shift to 42.30-42.80 UAH/$ in the face of the traditional growth in budget expenditures in the second half of the year, increased imports, or the implementation of the expected September Fed rate cut, which will lead to a correction of the dollar.
In the long term (over six months), experts predict a controlled devaluation trend. According to the baseline scenario, the exchange rate is expected to be in the range of UAH 43.00-44.50/$, provided that the current level of international support, stable reserves, and no unexpected shocks, especially those of a non-economic nature, are maintained.

 

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