Business news from Ukraine

Business news from Ukraine

In first half of 2025, customs authorities of Ukraine detected almost 5 thousand violations of customs rules worth UAH 6 billion

In 1,780 cases of violation of customs rules, the objects of offenses worth almost UAH 370 million were temporarily seized. In particular:

– industrial goods worth UAH 213 million
– vehicles worth over UAH 122 million
– foodstuffs worth over UAH 33 million;
– currency worth UAH 2.2 million.
In 899 cases of customs rules violations, including those initiated in previous periods, customs applied administrative penalties in the form of fines amounting to UAH 31 million, and collected UAH 31 million to the state budget, taking into account cases considered in the previous period. The customs authorities submitted 2,689 cases of customs rules violations worth over UAH 5.5 billion to the courts. As a result of court proceedings, including those initiated in the previous periods, penalties (confiscation of goods and fines) amounted to UAH 2.5 billion.

 

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CMO of Alliance Novobud Iryna Mikhalova spoke at Realty Summit 2025 in Odesa

Realty Summit 2025, one of the key platforms for discussing the state and prospects of the Ukrainian real estate market, brought together leading industry players in Odesa this year. At the invitation of DIM.RIA, CMO of Alliance Novobud, Iryna Mikhaleva, joined a discussion panel on current market challenges and effective formats of cooperation between developers and realtors.

During the blitz, the speakers shared their views on the current state of the primary real estate market, demand for new buildings in 2024-2025, key trends and challenges for developers. The participants also discussed financial instruments for buyers, including the implementation of the eOselya program, mortgage lending terms and accreditation of developers in banks.

A separate discussion block was devoted to cooperation between developers and realtors, an important component of modern sales. Iryna Mikhalova shared Alliance Novobud’s experience in building partnerships with agencies and individual market professionals, described cooperation models that have already proven their effectiveness, and outlined the benefits for both parties.

“Today’s real estate market requires flexible solutions and open dialog. Events such as Realty Summit bring together experts who are ready to share practical cases and look for answers to the challenges we face every day,” said Iryna Mikhaleva.

 

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Ukraine announces privatization of Vinnytsiabytkhim

The State Property Fund has announced an auction for the privatization of a 100% stake in the charter capital of Vinnytsiabytkhim, a private joint-stock company, on August 13, according to the press service of the State Property Fund of Ukraine.

According to the announcement, online bidding will take place in the Prozorro.Prozori electronic trading system with a starting price of UAH 301.4 million. The guarantee deposit is UAH 15.07 million, and the registration fee is UAH 80,000 (all figures are exclusive of VAT). The deadline for submitting bids for participation in the auction is August 12, inclusive (until 8:00 p.m.).

The property is located in Vinnytsia, at 4 Akademika Yangelya Street.

The main activity is the production of soap and detergents, cleaning and polishing products. The authorized capital is UAH 26,636,700.

The property consists of 25 units of real estate (buildings, structures, non-residential premises, etc.) with a total area of 31,364.2 square meters, located on four land plots with a total area of 4.1074 hectares.

PJSC Vinnytsiabychim has not entered into any lease agreements for its property.

According to the announcement, the new owner of the enterprise must maintain the main activities of the company and not allow the dismissal of employees during the first six months.

In addition, it must pay wage arrears and budget debts within six months, repay overdue accounts payable (except for debts to persons subject to sanctions), and comply with environmental legislation.

Vinnytsiabytkhim is included in the list of large privatization objects.

As reported, on July 31, 2024, the High Anti-Corruption Court (HACC) upheld the Ministry of Justice’s claim to impose sanctions on the Russian company Nevskaya Kosmetika in the form of confiscating 100% of the shares of the Ukrainian company Vinnytsiabutkhim to the state.

In July 2022, the seized assets of PJSC Vinnytsiabutkhim were transferred to the National Agency for the Detection, Investigation, and Management of Assets Derived from Corruption and Other Crimes (ARMA).

Following a competitive selection process in July 2023, the right to resume operations and become the asset manager was awarded to Kraitex-Service LLC, whose beneficiaries, according to Opendatabot, are Ruslan Shostak and Valery Kiptik, co-owners of the EVA and Varus chains. Later, Kraitex-Service announced that it would invest UAH 400 million in launching production at Vinnytsiabitim.

ARMA terminated its management of the asset in April 2025 and transferred it to the State Property Fund of Ukraine for further sale. According to the National Agency, during the period of management of the seized asset, almost UAH 100 million was transferred to the state budget.

As previously reported to Interfax-Ukraine by Afina Group, which includes Kraitex-Service LLC, the company is considering participating in a privatization auction for the acquisition of the production assets of PrP Vinnytsiaputkhim, which have been operating in the company’s production chain for the past two years. At the same time, Afina Group will not fight for the assets at any price, as it has a clear understanding of the limits of the feasibility of participating in competitive bidding.

For more information about PrVT Vinnytsiaputkhim, please visit: https://is.gd/VZVnkE

 

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Ukrainian refugees in Netherlands will pay twice as much for shelter

In the Netherlands, the cost of shelter for Ukrainian refugees will increase from October, from the current €105 per month to €244, according to Minister for Asylum and Migration Mona Keizer.

“The increase in personal contributions will be used to cover the shelter’s operating costs, such as gas, water, and electricity,” Keizer explained. With this measure, she hopes to reduce the difference between asylum seekers and Ukrainian refugees.

According to RTL, a single Ukrainian currently pays €105 per month, but this amount will increase to €244 in October. Families with two minor children must pay a maximum of €488, depending on their situation.

http://relocation.com.ua/u-niderlandakh-ukrainski-pereselentsi-platytymut-udvichi-bilshe-za-prytulok/

 

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Young Europeans losing faith in democracy, poll finds

Support is lowest in France, Spain and Poland, while 21% back authoritarian rule under certain circumstances

Only half of young people in France and Spain believe that democracy is the best form of government, with support even lower among their Polish counterparts, a study has found.

A majority from Europe’s generation Z – 57% – prefer democracy to any other form of government. Rates of support varied significantly, however, reaching just 48% in Poland and only about 51-52% in Spain and France, with Germany highest at 71%.

More than one in five – 21% – would favour authoritarian rule under certain, unspecified circumstances. This was highest in Italy at 24% and lowest in Germany with 15%. In France, Spain and Poland the figure was 23%.

Nearly one in 10 across the nations said they did not care whether their government was democratic or not, while another 14% did not know or did not answer.

Thorsten Faas, a political scientist at Berlin’s Free University, who worked on the study, said: “Among people who see themselves as politically to the right of centre and feel economically disadvantaged, their support of democracy sinks to just one in three.

“Democracy is under pressure, from within and without.”

The study was carried out in April and May. More than 6,700 people between the ages of 16 and 26 in Britain, Germany, France, Spain, Italy, Greece and Poland responded to the ninth annual survey by the YouGov institute for the Tui Foundation, which funds projects dedicated to youth in Europe.

Forty-eight per cent worry that the democratic system in their own country is endangered, including 61% in Germany, where the economy – Europe’s biggest – is ailing and the far right has made significant inroads, fuelled in part by increased backing from young voters.

The return of Donald Trump to the White House, the rise of China, and Russia’s full-scale invasion of Ukraine have shifted power away from Europe in the respondents’ perception, with just 42% counting the EU among the top three global players.

Despite – or perhaps because of – Brexit, the figure was highest among Britons at 50%. Of those surveyed in the UK, 73% wanted a return to the EU, while nearly half of young Europeans (47%) sought stronger ties between the EU and Britain.

The US was seen by 83% as part of the power trio, followed by China with 75% and Russia on 57%.

Rising polarisation is also driving young Europeans to the ideological fringes along with their elders, but a notable gender divide has emerged in the process.

Nearly one in five – 19% – described themselves as politically right of centre, up from 14% in 2021, while 33% called themselves centrists, 32% as leftist and 16% without any designation.

Women in Germany, France and Italy identified as progressive in higher numbers than four years ago, while young men in Poland and Greece have grown more conservative in the same period.

Support for tougher restrictions on migration has grown across the board since 2021, to 38% from 26%.

Most young Europeans expressed hope in the EU’s potential, and two in three overwhelmingly supported their country remaining in the bloc if it still was. But 39% described the EU as not particularly democratic and just 6% said their own national governments worked well, with little need for significant changes.

More than half – 53% – felt the EU was too focused on details and trivial matters. They would like the bloc to tackle the high cost of living, bolster defence against external threats and create better conditions for companies to improve the economy.

Elke Hlawatschek, the head of the Tui Foundation, said: “The European project, which has brought us peace, freedom of movement and economic progress for decades, is seen as unwieldy.”

Greek people see the strongest need for fundamental overhaul of their political system and are most sceptical about the EU, which Faas described as rooted in enduring trauma of the eurozone debt crisis that drove their country’s economy to the brink.

Despite stronger support for climate protection among young Europeans, just one in three said it should take priority over economic growth. The figure has slipped from 44% in 2021.

 

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“Ukrnafta” announced tenders for “Green Card”

PJSC “Ukrnafta” has announced tenders for international insurance “Green Card”

As reported in the system of electronic public procurement “Prozorro”, the expected cost of the purchase of services is 38.663 thousand UAH.

The security of the tender offer is not required.

The deadline for submission is July 14.

 

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