Business news from Ukraine

Business news from Ukraine

Sparks fly on border: tense clashes between Afghanistan and Pakistan

Intense fighting broke out between Afghan and Pakistani forces on the border between Afghanistan and Pakistan, marking one of the most serious escalations in recent years.

According to reports from the Afghan side, 58 Pakistani soldiers were killed during night operations, and 25 border posts were captured. Pakistani authorities confirm the deaths of 23 of their soldiers and claim significant losses on the Afghan side, exceeding 200 people.

Pakistan cites air strikes on its targets in Kabul and eastern Afghanistan, including strikes on suspected Tehreek-i-Taliban Pakistan (TTP) positions, as the cause of the conflict. The Afghan side claims that in response to repeated violations of its airspace by Pakistan, it launched an operation to capture border positions.

As a result of the intensification of fighting, the Pakistani authorities closed key border crossings — Torkham and Chaman, as well as a number of smaller border crossings.

 

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Sigma+ plans to attract $200 mln in investments for real estate projects in Ukraine in 2026

Engineering and consulting company Sigma+ plans to attract $200 million in investments for real estate projects in Ukraine in 2026, according to the company’s press service. According to the report, the company currently has more than 500,000 square meters of real estate in its portfolio, of which 390,000 square meters are residential properties.

The company focuses on attracting international investments. The priority for the period 2027-2030 is the implementation of 1 million square meters of projects, both residential and commercial. In addition, Sigma+ plans to conduct an audit of four projects in the capital to further attract financing and complete construction, according to the press release.

Sigma+ is an engineering and consulting company that provides a full range of services, from market analysis and concept development to construction management, cost control, project auditing, sales, and marketing.
According to Opendatabot, the owner and ultimate beneficiary of Sigma Engineering Plus LLC (Kyiv), registered in December 2024, is the company’s CEO Anna Laevskaya.

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Portugal’s Golden Visa Program – Program Features from Relocation

The Portugal Golden Visa (ARI) program, launched in 2012, was initially based on real estate investments, but after reforms, it is now more focused on funds, donations, and capital investments.

Key parameters and changes.

1) In 2023, real estate was excluded as the main route for the program, forcing investors to switch to funds, business projects, or donations.

2) The minimum investment in a fund is €500,000.

3) In 2024, a record 4,987 golden visas (main applications + dependents) were issued, which is 72% more than a year earlier.

4) Since the program began, more than 15,619 visas have been issued to investors and about 22,000 visas to family members (as of September 2024).

China remains the largest country of origin for investors, but interest from the US, Brazil, Turkey, and other countries has increased. Changes to the program have prompted investors to diversify their investments, favoring funds and non-interest-bearing methods.

Source: http://relocation.com.ua/portugal-golden-visa-program-program-features-from-relocation/

 

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Greece’s “Golden Visa” – program features from relocation

The Greece Golden Visa program, in effect since 2013, offers residency in Greece (and access to the Schengen area) in exchange for investment.

Key points of the program.

1) Real estate investment: the minimum threshold starts at €250,000 in less popular areas.

2) However, in August 2024, a differentiated threshold was introduced for popular areas: in Attica, Santorini, Mykonos, and other areas, it rose to €800,000.

3) Discounts are possible: for properties requiring renovation or conversion, the threshold remains €250,000.

4) The visa is issued for 5 years, with the possibility of extension if the investment is maintained.

5) The visa holder can include their spouse, children under 21, as well as parents and parents of their spouse without having to prove dependency.

Current trends and investor interest

Following the closure of the “golden visa” program in Spain and other countries, Greece is becoming one of the main destinations for investors, and interest from Americans has already grown significantly.

The procedure for issuing a residence permit is becoming faster — in some cases, residency is granted in about 60 days.

http://relocation.com.ua/golden-visa-greece-features-of-the-program-from-relocation/

 

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Imports of metal products increased by 15.7% to $1.3 bln

In January-September of this year, Ukrainian metallurgical enterprises reduced their revenues from ferrous metal exports by 0.3% compared to the same period last year, to $2 billion 392.582 million.

According to statistics released by the State Customs Service (SCS) on Wednesday, ferrous metals accounted for 8.09% of total export revenues during this period, compared to 7.78% in January-September 2024.

In September, export revenues amounted to $308.547 million, compared to $267.907 million in the previous month.

At the same time, Ukraine increased imports of similar products by 15.7% in January-September 2025, to $1 billion 297.497 million. In September, products worth $180.271 million were imported.

In addition, in January-September 2025, Ukraine reduced exports of metal products by 4.1% to $692.308 million. In September, exports amounted to $71.107 million.

Imports of metal products during this period increased by 14.5% to $900.256 million. In September, $120.571 million worth of these products were imported.

As reported, in 2024, Ukrainian metal companies increased their revenues from ferrous metal exports by 16.9% compared to the previous year, to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% over the past year, to $1 billion 478.814 million.

In 2023, Ukraine reduced its revenues from ferrous metal exports by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from goods exports during this period, while in 2022, the share was 10.3%. At the same time, Ukraine increased imports of similar products by 37% in 2023, to $1 billion 307.05 million.

In addition, in 2023, Ukraine reduced exports of metal products by 16.6% compared to 2022, to $877.92 million. At the same time, imports of metal products increased by 40.3%, to $902.57 million.

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Ukraine’s agricultural exports fell by 38% in September to 2.84 mln tons

In September 2025, Ukraine exported 2.84 million tons of agricultural products, which is 38% less than in the same month last year (4.6 million tons), according to the Ukrainian Grain Association (UGA) on Facebook.

The industry association noted that wheat exports fell by 21% to 1.83 million tons, corn exports fell 8.6 times to 61,000 tons, rapeseed exports fell 3.2 times to 238,000 tons, and soybean exports fell three times to 78,000 tons. Sunflower oil exports fell by 42% to 203,000 tons, and legume exports fell by 24% to 177,000 tons.

The only export growth in September was for barley, which rose by 4% to 238,000 tons.

At the same time, 90% of agricultural products were exported through the ports of Odessa, and 2% through the ports of the Danube. The rest of the agricultural products were transported across the western borders by rail (6%) and trucks (2%).

At the same time, exports through the ports of Odessa in September 2025 decreased by 29.2% compared to the same period last year and amounted to 2.522 million tons, through the ports of the Danube by 6.4 times to 68 thousand tons, by rail by 2.6 times, to 175 thousand tons, and by truck by 3.2 times, to 55 thousand tons.

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