Business news from Ukraine

Business news from Ukraine

House No. 3 in Krona Park II has been assigned official postal address

The recently commissioned building No. 3 of the Krona Park II residential complex in Brovary has been assigned a postal address:

  • Brovary district, Kyiv region, Brovary territorial community, Brovary (as of 01.01.2021), 23 Soborna Street.

We will inform you about the start of the transfer of apartments and registration of ownership additionally.

Alliance Novobud is a Ukrainian development company that has been operating in the residential and commercial real estate market for over 18 years. It was founded in the mid-2000s. The headquarters is located in Kyiv. The company’s core business is the construction of multi-storey residential complexes of comfort and business class, as well as related social and commercial infrastructure.

The company is one of the top 20 developers in Kyiv and Kyiv region in terms of the number of commissioned housing (according to the specialized portals Anbud and LUN). The total volume of completed projects is estimated at more than 800 thousand square meters of housing. Another 300 thousand square meters are under construction and preparation.

Alliance Novobud positions itself as a developer focused on quality and meeting deadlines. The company regularly publishes reports on construction dynamics, which increases the level of transparency and trust.

In the period of 2022-2025, despite the war and economic difficulties, the company continued active construction, which makes it stand out among its competitors.

The company’s strategy envisages the development of mixed residential neighborhoods with the integration of schools, kindergartens, retail space and recreational areas.

 

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“Delta-Lotsman” has selected IC “Guardian” for utrimanstvo insurance

The Delta-Lotsman branch of the state enterprise Administration of Sea Ports of Ukraine announced on September 2 its intention to conclude a contract for property insurance with IC Guardian.

According to the system of electronic public procurement Prozorro, the expected cost was 1,282 UAH, the price offer of the company, the only participant in the tender 968.6 thousand UAH.

SE “Delta-Lotsman” was established by order of the Ministry of Transport of Ukraine in 1998 in order to improve the conditions for ensuring safety of navigation, protection of human life at sea and the environment, in the territorial sea of Ukraine in accordance with the requirements of international agreements and conventions, streamlining the structure of marine pilot services in the north-west.

 

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North Macedonia – house price analysis

After a weak end to 2024, permit activity picked up markedly in 2025. According to the State Statistics Office, the number of permits issued in April 2025 rose by 38.9% y/y in April, 80.4% y/y in May, and 15.1% y/y in June; while the expected value of properties in June was 47.1% higher than a year earlier. This forms the “substrate” for future project launches, primarily in the Skopje agglomeration.

New residential construction costs in Q2 2025 rose by 1.1% qoq, but were 0.3% lower yoy – the effect of normalization of material prices and a gradual cooling of costs after the 2022-2023 peak. Bottom line for construction: permits are accelerating, but the effect in the form of “commissioning” will manifest itself with a lag in 2025/26; production costs are stabilizing, which reduces pressure on developers’ budgets.

Rental: steady demand in Skopje; short-term segment active

Long-term rents in the capital are holding at elevated levels: benchmarks for Skopje in early September are around €300 for a studio, €400 for a 1-bedroom and €550 for a 2-bedroom apartment (based on average “asking” rates).

Sales and prices: indices accelerated

The house price index rose from 170.5 points in Q1 2025 to 184.1 points in Q2 2025. Back in March (Q1), annual price growth was ≈19.4% y/y, confirming an acceleration phase beyond 2023-2024 (data from aggregators based on NBRSM statistics).

Bottom line on sales/price: demand is focused on Skopje and quality locations; limited commissioning and cheaper financing in the Western Balkans region (on the background of moderate monetary policy) support prices in H2.

  1. Skopje is “pulling” the market. Both long-term and short-term rentals support the liquidity of central areas; yields in the capital remain competitive compared to a number of capitals in the region.
  2. Prices are above trend. House price index accelerated in Q2 2025; risk factor is affordability for households with incomes below median.

Outlook for the next 6-12 months

Prices: baseline scenario – moderate growth (shortage of new buildings + concentration of demand in Skopje), rates – below H1 peaks.

Rents: plateau at elevated levels in the center of Skopje; possible “sawtooth” in months due to seasonality and STR. Construction: “traffic jam” between permits and actual starts will persist until 2026; cost normalization reduces risks for new queues.

http://relocation.com.ua/north-macedonia-housing-price-analysis/

 

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Electric vehicle segment is growing in Ukraine

The total volume of the electric vehicle segment (new and used cars, trucks and buses) in August 2025 amounted to 11.5 thousand, which is 12.5% more than in July this year, and 22.5% more relative to the indicators of August-2024, according to the Institute of Auto Market Research.

“11.545 thousand electric cars cumulatively is a historical volume record for our market, and the main drivers here are three: the rise in fuel prices at gas stations, the general trend of growing interest in electric cars (which consists of improving their performance and reducing market prices), as well as the approaching customs clearance with VAT, which is scheduled for January 1, 2026,” – said in a statement on the website of analysts.

It is noted that the last of these factors is probably now most actively encouraging motorists to switch to electric cars, because in just a few months they will rise in price by almost a third.

According to analysts, the growth of volumes in this segment will continue in the future because of the approaching return of VAT on the customs clearance of electric cars, and from next year we should expect some pause, a subsidence lasting several months, after which there will be a certain stabilization, which will be replaced by a trend of growth in volumes.

“At this rate, next month the total replenishment of the BEV fleet will exceed last year’s volumes, while this will happen in less than 9 months,” experts believe.

In the structure of this segment in August, the basis is made up of imported electric vehicles with mileage, the share of such 52.1%, or 6018 pcs. – This is 9.5% more than in August 2024.

The second largest sub-segment is domestic resales with a share of 30.8%, and the number of 3,561 pcs. – 31.1% more.

New electric cars took 17% (1,966 units), up 62.6%, and a new record for new electric cars.

Analysts note that as of the end of July this year, the fleet of BEV Group vehicles in Ukraine (excluding industrial electric cars, trolleybuses and rail cars) amounts to 185 thousand units.

Most of them are passenger cars – 181 thousand, electric trucks – 3.9 thousand, there are also several electric buses (8 pcs.). In addition, about 1.1 thousand units of various motorized vehicles are registered.

“Interestingly, the most in our fleet of electric vehicles Tesla – 20%, although from the beginning of ”electromobilization” and until recently the leader was Nissan, whose share is now 18.9%. The third in this list is Volkswagen with a share of 12.6%.

 

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Gold price may approach $5 thousand per troy ounce – analysts

The price of gold may approach $5 thousand per troy ounce if the actions of U.S. President Donald Trump undermine the independence of the Federal Reserve System (Fed), analysts at Goldman Sachs believe. December gold futures on the Comex exchange on Thursday are cheaper by 1% to $3597.3 per ounce.

Since the beginning of the year the precious metal has risen in price by 35% due to the increased demand of investors for protective assets. At the same time, traditional safe haven assets, such as the dollar and U.S. government bonds, have sagged due to political uncertainty and budget risks.

Recently, the market has been following Trump’s attacks on the Fed’s leadership, including his attempts to fire Lisa Cook, a member of the Fed’s Board of Governors. That case is now in court.

“A scenario involving a breach of Fed independence could lead to higher inflation, lower equity and long-term bond markets, and undermine the dollar’s status as a reserve currency,” said Goldman Sachs’ Daan Streven.

Gold, on the other hand, is “an asset whose value does not depend on confidence in institutions,” the expert added.

The base forecast of the bank provides for the growth of gold price to $4 thousand per ounce by the middle of 2026. However, the mass exodus of private investors from dollar assets may push quotes even higher.

“If 1% of private investments in the US Treasuries market moves into gold, the price will reach nearly $5 thousand per ounce,” Goldman analysts said in a report.

 

NBU does not plan to change base exchange rate-forming currency from dollar to euro

Despite the growing share of the euro in Ukraine’s foreign trade and international reserves, the US dollar remains the exchange rate-forming currency for the hryvnya. This was reported by the first Deputy head of the NBU Sergey Mykolaychuk in an interview with Interfax-Ukraine.

“Historically, the focus has always been on the hryvnia-dollar pair. We realize that changes are possible over time with the deepening of European integration, but there is no clear transition plan. Today the dollar remains the exchange rate-forming currency,” he said.

According to the official, the structure of reserves and settlements may change in the future, however, instruments for hedging currency risks, including forwards, are available for business.

 

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