Business news from Ukraine

Business news from Ukraine

Entering European market: Kyiv companies at Matelec 2025

On November 18-20, 2025, one of the leading European exhibitions of electrical, energy and industrial automation – Matelec 2025 – will be held in Madrid (Spain).

This year, Kyiv will present the Made in Kyiv collective stand organized by the Department of Industry and Entrepreneurship Development of the Kyiv City State Administration.

The 36 m² stand will feature 10 Kyiv-based companies demonstrating the capital’s potential in the field of high technology, automation, energy and innovative production:

LLC “Company VERSIA”

ELVATEH LLC

LLC “SPF INIT”

Sensor Systems of Ukraine LLC

PJSC “Ukrainian Technological Company”

PJSC “Promzvjazok”

Inteltek Ukraine LLC (ITW Systems)

Spinor International LLC

NIK-Electronics LLC

STC Energosvyaz LLC.

Participation is free of charge for the companies. The project is implemented within the framework of the City Target Program for Promoting the Development of Industry, Entrepreneurship and the Consumer Market of Kyiv for 2024-2025.

On the second day of the exhibition, November 19, Matelec 2025 will host a Business Forum of Ukrainian-Spanish cooperation and a presentation of the export potential of Kyiv. The event will be attended by representatives of local authorities, businesses and industrial associations from both countries. The program of the forum includes presentations from both sides, B2B meetings and discussions of partnership opportunities in the energy, electronics and smart solutions sectors.

“The city of Kyiv systematically supports entrepreneurs and helps them enter international markets. Our goal is to strengthen Kyiv’s position as a strong European brand of production, innovation and business cooperation,” said Volodymyr Kostikov, Director of the Department of Industry and Entrepreneurship Development at the Kyiv City State Administration, .

 

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Attacks on Ukraine’s critical infrastructure leave civilians vulnerable ahead of winter – Red Cross

Attacks on critical infrastructure during the Russia-Ukraine war are leaving civilians vulnerable ahead of winter, the International Committee of the Red Cross (ICRC) regional director for Europe and Central Asia, Ariane Bauer, said in a statement on Tuesday.

“Light, heat, water. These services are vital for people to survive the cold months ahead. Yet their access to these life-saving services is limited or disappears with each blow that damages water pipelines, power plants and other critical infrastructure. Critical infrastructure that makes vital services, including water and electricity, possible for the population is protected under international humanitarian law. All precautions should be taken to ensure the safety of both civilians and the vital services on which they depend,” it emphasized.

The statement noted that as winter approaches, strikes on critical infrastructure “increase the strain on systems that, after several years of Russian-Ukrainian armed conflict, are already operating at the limits of their capacity.”

 

Indonesia considers issuing yuan-denominated bonds

Indonesia’s Finance Ministry is considering issuing its first yuan-denominated government bonds (panda bonds) in 2026, the Financial Times reported, citing two sources.

The interest in panda bonds comes as Beijing promotes the use of its currency in international trade and finance to increase global influence and reduce dependence on the U.S. dollar.

Earlier this year, Brazil, Pakistan and Slovenia announced plans to issue panda bonds.

“From the perspective of international issuers, it provides more opportunities, broadens the investor base in the long term and helps lower the cost of financing for the country,” said OCBC Asia macroeconomic research head Tommy Xie. – “People want to move away from the dollar and look at other markets.

Panda bonds have become increasingly popular since 2023, thanks to Beijing’s regulatory reforms and lower financing costs. In 2024, panda bond issuance reached a record 195 billion yuan ($27 billion), according to Wind. However, it still represents only a fraction of China’s debt market.

Panda bond issuance is expected to grow significantly in the coming years and will be an important factor in the globalization of the yuan, the Institute of International Finance (IIF) said in a report earlier this year.

Analysts also forecast the issuance of “dim sum” (bonds denominated in yuan but issued outside mainland China, mainly in Hong Kong) to rise to a record this year. Specifically, Indonesia issued its first such bonds worth 6 billion yuan in October and plans to continue issuing “dim sum” next year, sources told the FT.

 

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Former Speaker of U.S. House of Representatives Nancy Pelosi earned $133 million on stock investments during her career in Congress

Citing Quiver Quantitative’s analysis, a number of publications reported that former Speaker of the U.S. House of Representatives Nancy Pelosi and her husband Paul Pelosi made more than $130 million in profits from stock transactions during her years in Congress. The New York Post estimates the combined profits to be about $130 million and the value of the portfolio at the end of 2025 to be about $133.7 million. These figures are not official financial statements and are based on aggregate estimates from public filings and market value of assets.
Investopedia estimates Pelosi’s wealth at more than $278 million at the end of 2025. At the same time, a significant portion of assets are linked to publicly traded shares of tech companies – Apple, Nvidia, Alphabet and others. Previously, OpenSecrets recorded that in some years Pelosi’s fortune fluctuated significantly depending on market conditions.
According to publications of the American media, Pelosi announced plans to complete her work in Congress at the end of the current term in January 2027.
The high profitability of Pelosi’s portfolio became the subject of public controversy and attempts to legally limit the transactions of members of Congress. Against this backdrop, services tracking politicians’ trades have gained popularity, as well as initiatives to ban or tighten trading rules for elected officials.

 

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Change in consumer prices in 2024-2025, %

Change in consumer prices in 2024-2025, %

Source: Open4Business.com.ua

Prices of construction and installation works in Ukraine in September increased by 5.2%

Prices for construction and installation works in Ukraine in September 2025 increased by 5.2% compared to September 2024, the State Statistics Service (Gosstat) reported. According to the State Statistics Service, in September-2025 compared to September-2024 prices increased in all segments of construction: in residential construction by 5.6%, in non-residential – by 5.3%, in engineering – by 4.9%. At the same time, compared to August this year, prices rose by 0.1% in each segment.

Relative to December-2024, prices in September-2025 for construction and installation work rose 4.1%, while construction prices rose 5.9% in the first nine months of 2025 and 5.3% in the third quarter compared to the same period a year ago.

As reported, in 2024, prices for construction and installation work increased by 7.9% year-on-year, while in 2023 they increased by 15.8% relative to 2022. The State Statistics Committee noted that the figures are given without taking into account the temporarily occupied territories and part of the territories where hostilities are (were) conducted.

 

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