Business news from Ukraine

Business news from Ukraine

Dynamics of changes in discount rate of NBU – from 2014 to 2025

Dynamics of changes in discount rate of NBU – from 2014 to 2025

Source: Open4Business.com.ua

UNESCO has included 19 Ukrainian sites on its World Heritage List

19 Ukrainian sites have been added to UNESCO’s International List of Cultural Property under Enhanced Protection, bringing the total number of Ukrainian sites on the list to 46, according to Deputy Prime Minister for Humanitarian Policy and Minister of Culture of Ukraine Tatyana Berezhnaya.
“The UNESCO Committee for the Protection of Cultural Property in the Event of Armed Conflict has just supported Ukraine’s initiative and adopted a corresponding decision. This is an important international victory and recognition of how responsibly Ukraine complies with international humanitarian law even during a full-scale war,” Berezhna wrote on Facebook on Thursday.
According to her, the total number of Ukrainian sites on the list has increased to 46. “This makes Ukraine one of the countries with the largest list of cultural heritage sites under the highest international legal protection in the field of humanitarian law,” the minister emphasized.
Berezhna noted that enhanced protection is the highest level of international legal protection provided for by the Second Protocol to the 1954 Hague Convention. Sites that receive this status must meet three key requirements: be of exceptional importance to humanity; be protected at the national level; and not be used for military purposes.
“In the context of full-scale Russian aggression, Ukraine has become the first country in the world to apply the mechanism of enhanced protection on a large scale during wartime, setting a new precedent in international practice,” the Minister of Culture emphasized.
According to her, it was also on Ukraine’s initiative that a discussion began last year on international legal responsibility for violating the immunity of objects under enhanced protection. The results of the study, conducted by a group of international experts, were presented during the 20th Session of the Second Protocol Committee.
The following sites were added to the Enhanced Protection List: Akkerman Fortress, Belgorod-Dnestrovsky, Odessa Region; Uspensky Cathedral, Kharkiv; Borisoglebsky Cathedral, Chernihiv; Kharkiv Academic Ukrainian Drama Theater named after Taras Shevchenko, Kharkiv; Church Building (St. Paul’s Church), Odessa; L.E. Kenig’s Estate: Palace (Main House), Trostyanets, Sumy Region; Molchansky Monastery, Putivl, Sumy Region; Pokrovskaya Church, Kharkiv; Primorsky Staircase, Odessa; Voskresenskaya Church, Sumy; Kirillovskaya Church, Kiev; Spaso-Preobrazhensky Cathedral, Sumy; Troitsky Cathedral, Sumy; The site of the chronicle city of Iskorosten, Korosten village, Zhytomyr region; The archaeological complex “Ostrov Baida,” Zaporizhia; Odessa Museum of Western and Eastern Art, Odessa; Odessa National Art Museum, Odessa; Odessa National Scientific Library, Odessa; Museum of Carpathian Art, Ivano-Frankivsk.
“Violating the ‘immunity’ of such sites is a serious international crime and entails double responsibility – both for the state and for individuals,” Berezhnaya noted.
Berezhna expressed her gratitude to UNESCO for its support of Ukraine, to Deputy Minister of Culture Anastasia Bondar, as well as to Lina Doroshenko and the entire team for their work. “I would also like to thank my colleagues from the Ministry of Foreign Affairs of Ukraine / MFA of Ukraine for their coordinated work,” she added.

 

Over 2 million microloans taken out by Ukrainians in quarter

Over UAH 13.7 billion has been borrowed by Ukrainians from microfinance organizations over the past three months, which is more than 2 million microloans. In total, 6.5 million microloans worth UAH 40 billion have been issued since the beginning of the year. The average amount of a microloan in Ukraine is UAH 6,417. In total, citizens currently owe more than UAH 25 billion to microcredit organizations. The amount of debt has increased by 26% since the beginning of the year.

Ukrainians took out 2,138,569 microloans in the third quarter. The quarter-on-quarter loan growth rate is slightly lower – about 2%. Over the past three months, more than UAH 13.7 billion has been borrowed from microcredit organizations.

In total, since the beginning of the year, microloans have been applied for more than 6 million times, with the total amount of loans amounting to more than UAH 40 billion.

Despite the fact that the number of microloans is decreasing, the average loan amount per quarter has increased. Currently, the average amount borrowed from MFIs is UAH 6,417. For comparison, at the beginning of the year, payday lenders borrowed UAH 5,773.

Microloans are not as well repaid: since the beginning of the year, the total amount of debt has increased by a quarter and reached UAH 25.15 billion.

Opendatabot analyzed the financial reporting data of microfinance organizations – among those that have already published this information – and compiled a rating of the country’s top 10 MFIs by income. The top ten in the first three quarters of 2025 was headed by UKR CREDIT FINANCE, which operates under the CreditKasa brand with a revenue of UAH 2.4 billion. For comparison, for the whole of last year, the company’s revenue amounted to UAH 4.2 billion. Credit plus (AVENTUS UKRAINE) is in second place with revenue of UAH 1.67 billion. The top three payday lenders are rounded out by ShvydkoGroshi (CONSUMER CENTER) with UAH 1.63 billion in revenue for the three quarters of this year.

https://opendatabot.ua/analytics/mfo-2025-9

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External financing of the state budget as 2022-2025, billion euros

External financing of the state budget as 2022-2025, billion euros

Source: Open4Business.com.ua

Components of state budget expenditures in 2021-2024, UAH billion

Components of state budget expenditures in 2021-2024, UAH billion

Source: Open4Business.com.ua

Serbia’s economy grew by 2% in third quarter of 2025

Serbia’s real GDP in the third quarter of 2025 increased by 2% in annualized terms, the Statistical Office of the Republic of Serbia ( SERS) reported. According to seasonally cleansed data, GDP grew by 0.6% compared to the second quarter of this year.

The biggest increase in value added was recorded in industry and water supply sector – 2.9%, as well as in information and communication – 6%.

Decrease was noted in construction, where the output decreased by 11.7 %, and in agriculture, forestry and fishing – by 0.2 %.

https://t.me/relocationrs/1870

 

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