Business news from Ukraine

Business news from Ukraine

Romania reaffirmed its unwavering support for Ukraine at reception in Kyiv on occasion of Romanian Army Day

Romania and its allies will not remain passive witnesses to the tragedy unfolding in Ukraine and will do everything possible to achieve a just and lasting peace, said Alexandru Victor Micula, Romania’s Ambassador Extraordinary and Plenipotentiary to Ukraine, during a reception in Kyiv on the occasion of Romanian Army Day.

“We are in Ukraine and we think of those who are fighting right now for independence, sovereignty, and territorial integrity, who stand as a shield in defense of democratic societies against bloodthirsty Moscow autocrats. We are grateful to them for their daily sacrifice,” the diplomat emphasized.

According to him, Romania and its partners “have a duty to these heroes and their families to do everything possible to establish a just peace for Ukraine — a peace that cannot be a reward for the aggressor and must ensure justice for the victims of this illegal and unjustified aggression.”

Micu expressed his deep gratitude to Ukrainian servicemen and their families, especially those of Romanian origin, who live in daily anxiety for their loved ones.

“Many families already know that their heroes will not return home. Among them are the families of Ukrainians and Romanians who gave their lives defending Ukraine. But even those who are waiting for news about the missing do not lose hope. This is a true manifestation of courage and strength of spirit,” the ambassador said.

During the event, Romania’s naval and air attaché to Ukraine, Colonel Cristi Ladaniuc, emphasized that Romanian Army Day is not only a tribute to national heroes, but also a symbol of Romania’s unwavering commitment to peace and security in the region.

“From the first day of Russia’s unprovoked and unjustified aggression against Ukraine, Romania has played an important role in supporting Kyiv in all areas of assistance,” Colonel Ladaniuc said.

He stressed that Romania is actively involved in training Ukrainian military personnel under the EUMAM and INTERFLEX programs and that Bucharest “will continue to coordinate with Ukrainian partners to identify new training opportunities in line with needs.”

The attaché also drew attention to the creation of the European F-16 Training Center in Romania, where Ukrainian pilots are already participating in flight programs. “This project demonstrates what we can achieve together — through partnership, strategic decisions, and joint efforts toward our common goals,” he emphasized.

Romania, he said, will also continue to participate in the Maritime Capabilities Coalition, providing maritime security training (MRTH) on its territory and facilitating the training of Ukrainian marines within existing programs.

At the same time, he stressed that Romania, in accordance with a political decision at the highest level, is ready to provide logistical support to future peacekeeping forces, but will not consider the possibility of deploying its military on Ukrainian territory (“no boots on the ground”).

Ukraine and Romania established diplomatic relations on February 1, 1992.

The Ukrainian Embassy in Romania opened in Bucharest in 1992, and the Romanian Embassy in Ukraine opened in Kyiv in 1993.

Both countries are members of the Organization of the Black Sea Economic Cooperation (BSEC) and actively cooperate in the fields of defense, energy, border management, and support for Ukraine in the context of Russian aggression.

 

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In 2025, 10 new grain processing enterprises will start working in Ukraine

In Ukraine, 88 flour milling enterprises have resumed work since the beginning of the full-scale war, with 22 enterprises starting work in 2024 and 10 in 2025, said Rodion Rybchinsky, director of the Union “Flour Mills of Ukraine”.

“As of the end of 2021, there were 678 industrial enterprises in Ukraine that worked in the grain processing industry. Unfortunately, during the full-scale invasion we lost 192 enterprises. They either remained in the temporarily occupied territories, or destroyed to the ground and stopped their work, or enterprises that were partially affected, or due to lack of raw materials, logistics capabilities suspended work,” he said during the Agro2Food exhibition in Kiev on Wednesday.

The expert noted that starting from 2023, Ukraine has begun to restore the grain processing industry. Rybchynskyy named the problem with grain exports in 2022 as the reason for this.

“Many agricultural producers saw a way out of the situation in opening grain processing facilities. They invested their funds. In addition, the state began to provide grants for restoration and for increasing processing capacity,” he explained.

According to Rybczynski, since the start of the full-scale war, 66 grain processing enterprises have resumed their work, while 22 enterprises started working from scratch in 2024. At the same time, about 10 grain processing plants were launched in 2025.

Analyzing the specialization of new plants, the head of the Union “Flour Mills of Ukraine” noted that 40% of new enterprises are engaged in the production of flour, 30% produce cereals, another 30% – pasta. Geographically, the new enterprises are located in western and central Ukraine.

Rybchynskyy emphasized that it is the construction of new plants, not relocation, because processing companies depend on the existing raw material base and consumers. He also noted the difficulty with transportation of mills, search for a new land plot.

According to the estimation of the head of the Union “Flour Mills of Ukraine” the cost of relocation of a mill costs its owners about $1 million. According to Rybchynskyy, grain processing enterprises that relocated their capacities can be “counted on the fingers of one hand”.

The expert added that as of 2024 Ukraine produced 2.34 million tons of flour, which is 22% less than in 2021 before the war, when the state produced 3 million tons.

 

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Ukrainian chain Aurora plans to enter Bulgarian market

Ukrainian one-dollar store chain Aurora plans to start operations in Bulgaria by opening test locations within the next six months, co-founder and CEO Taras Panasenko said in an interview with NV.Business.

According to Panasenko, the choice of Bulgaria is due to logistics: the chain is already developing its business in Romania and can deliver from its Romanian warehouse without crossing the EU’s external customs border.

Current geography of operations. Aurora operates in Ukraine and Romania. The first store in Romania opened in October 2023, and the chain is expanding rapidly. In July 2025, it announced the opening of its 50th store in the country (the first in Bucharest).

The company had also previously announced plans to enter Moldova, but there are currently no reports of it starting operations there.

Aurora is a Ukrainian multi-format chain of inexpensive everyday goods that has been expanding internationally since 2023, starting with Romania.

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Lukoil exits Serbian market: deal with Gunvor Group already agreed

According to Serbian Economist, Russian oil and gas company Lukoil has announced that it has reached an agreement with Gunvor Group to sell all of its foreign assets, including its Serbian subsidiary Lukoil International GmbH (Austria) and its shares in Serbia.

Lukoil’s official statement indicates that Gunvor’s offer has been accepted and that the company undertakes not to negotiate with other potential buyers. The completion of the deal depends on obtaining permission from the US Office of Foreign Assets Control (OFAC) due to the sanctions imposed on Lukoil.

The sale is related to “restrictive measures” imposed by certain countries on Lukoil and its foreign subsidiaries. The deal involves the transfer of networks, assets, and business to the Serbian company Lukoil Serbia.

According to the company’s official data, at the end of 2025, there were 112 Lukoil Serbia gas stations operating in Serbia. Lukoil was second in terms of the number of stations on the Serbian market.

The Serbian retail fuel market is estimated at approximately €3.5 billion in revenue for 2024.

Gunvor Group Ltd is an international energy trader registered in Cyprus with its headquarters in Geneva. In 2024, the company’s revenue amounted to approximately $136 billion. Gunvor specializes in trading crude oil, petroleum products, and LNG, and also has assets in infrastructure (terminals, storage facilities) around the world.

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In Kyiv, premises were built without permits and leased as clinic

Law enforcement officials have notified a Kyiv resident of their suspicion that he built premises in the coastal zone of Lake Telbin without permits and leased them as a clinic, according to the Kyiv City Prosecutor’s Office.

“Under the procedural guidance of the Podil District Prosecutor’s Office of Kyiv, a resident of the capital has been notified of suspicion of unauthorized construction on an illegally occupied land plot,” the capital’s prosecutor’s office said in a statement on its Telegram channel on Wednesday.

It was established that a 63-year-old Kyiv resident, the director of a limited liability company, built a non-residential building attached to an existing building on a plot of land near Lake Telbin without any permits.

“He then leased the building to a private medical facility,” the prosecutor’s office said.

“The plot of land where the building was erected without permits is part of the coastal protection zone, where any construction is prohibited,” the statement said.

Source: https://interfax.com.ua/news/general/1116427.html?utm_source=telegram

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Almost 3 mln unemployed registered in Germany

Unemployment in Germany remained at the previous month’s level of 6.3% in October, according to the Federal Employment Agency. The figure has remained unchanged since March 2025 and is the highest since September 2020.

The number of unemployed in Germany fell by 1,000 compared to the previous month and amounted to 2.97 million people. Analysts had predicted an average increase of 8,000 in the number of unemployed and unemployment remaining at the previous level, according to Trading Economics.

Source: http://relocation.com.ua/almost-3-million-registered-in-germany/

 

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