Business news from Ukraine

Business news from Ukraine

Greek residential real estate market 2025: analysis and forecast for 2026 by Relocation

The Greek residential real estate market 2025 continues to show steady growth despite global economic challenges. Demand for housing remains high among both local residents and foreign investors, which contributes to higher prices and the development of new projects.

Current market situation

  • Price growth: According to The Luxury Playbook, the average cost of residential real estate in Greece in 2024 was $292,700, and it is expected to reach $364,500 by 2029. This indicates a steady increase in housing prices.
  • Foreign investment: The Golden Visa program continues to attract foreign investors. In 2024, more than 11,870 visas were issued, bringing in more than €2.9 billion in foreign direct investment in the real estate sector.
  • Tourism and leasing: Growth in tourism is driving demand for short-term rentals, especially in popular tourist destinations such as Athens, Thessaloniki, and the islands. However, the government is introducing restrictions on new short-term rental licenses in central Athens to balance the interests of locals and tourists.

Forecast for 2026

  • Stabilization of price growth: House price growth is expected to slow but remain positive. Annual growth is projected at 3.2% to 3.7% until 2029.
  • Infrastructure development: Large projects, such as Ellinikon on the Athens Riviera, continue to attract investment and contribute to infrastructure development, making the region more attractive to buyers.
  • Impact of interest rates: Rising interest rates may affect the availability of mortgage financing, especially for local buyers. This could lead to a decrease in demand for housing in some market segments.

Recommendations for investors

  • Consider investing in developing areas: Areas with developing infrastructure and high potential for price growth may offer attractive investment opportunities.
  • Consider changes in legislation: Keep up to date with new regulations and restrictions, especially those related to short-term rentals, to avoid unexpected obstacles.
  • Assess risks: Consider the opportunities for real estate investment. However, it is important to carefully analyze the market and consider all possible risks when making investment decisions.

Source: http://relocation.com.ua/rynok-zhytlovoi-nerukhomosti-hretsii-2025-roku-analiz-i-prohnoz-na-2026-rik-vid-relocation/

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“Euroins Ukraine” will insure motor transport of airport ”Boryspil”

The state enterprise Boryspil International Airport (Kiev) on April 16 announced its intention to conclude a contract with IC “Euroins Ukraine” (Kiev) for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO), according to the system of electronic public procurement. The expected cost of the purchase of services is UAH 596,360 thousand, the company’s price offer is UAH 279,334 thousand.

In the tender participated IC “Guardian” with the offer of UAH 279,335 thousand, “Arsenal Insurance” – UAH 279,336 thousand, “Kraina”-358,2 thousand, “Universalnaya-390,4 thousand, IC ‘VUSO’-415,4 thousand, ‘Oranta’-523,5 thousand.

IC “Euroins Ukraine” is a universal insurance company, which has been working in the Ukrainian market since 1992. It is a part of the Bulgarian insurance group Euroins, one of the largest independent insurance groups in the countries of Central, Eastern and South-Eastern Europe.

 

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Over 111 thousand doses of DPT vaccine delivered to Ukraine

Ukraine has received 111.1 thousand doses of diphtheria and tetanus vaccine (DPT) as part of the supply within the framework of the Ministry of Health’s cooperation with the Global Alliance for Vaccines and Immunization (Gavi).

According to the Ministry of Health, Gavi is funding some of the vaccines to support the national immunization program. UNICEF purchases and delivers vaccines to the country. The distribution of drugs to the regions is coordinated by the Public Health Center.

The vaccine is intended for vaccination of children according to the National Immunization Schedule and will be distributed to medical institutions between the regions.

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Lead imports increased 7 times, exports fell by 25%

In the first quarter of 2025, imports of lead and lead products to Ukraine increased 7.4 times to $2.09 million ($863 thousand in March).

Exports decreased by 25.2% to $2.12 million ($773 thousand in March).

In 2024, imports also increased by 2.4 times to $2.39 million, while exports fell by 22.9% to $11.4 million.

Lead is currently mainly used in the production of lead-acid batteries for the automotive industry. In addition, lead is used to make bullets and some alloys.

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Quotes of interbank currency market of Ukraine (UAH for $1, in 01.12.2024-31.12.2024)

Quotes of interbank currency market of Ukraine (UAH for $1, in 01.12.2024-31.12.2024)

Source: Open4Business.com.ua

Logistics remains main problem for exporters – opinion

Logistics remains one of the most difficult problems for Ukrainian exporters of processed grain products since the beginning of Russia’s full-scale invasion of Ukraine in 2022, said Rodion Rybchynskyi, Director of the PU “Millers of Ukraine” Rodion Rybchynskyi at the Baltic Grains & Oils Conference in Riga on April 16.

“The commonwealth routes, i.e. the open routes provided by European countries to their railways, including here to the Baltic ports and to Polish ports, helped us a lot. But this still does not allow us to fully compensate for the losses we have suffered since the beginning of the war,” APK-Inform news agency quoted him as saying.

According to him, there is a possibility to ship products to the port of Constanta via the Danube, but there are still military risks, insurance companies assess these risks as high, and the cost of logistics remains significant.

“The Baltic ports are interesting, on the one hand, because they have direct container lines and the possibility of shipping to North America, South Asia, and so on. But this is a very large circle for the goods to get there… In fact, we see that compared to 2021, only the port of Ventspils transshipped slightly more Ukrainian products, while all other ports have decreased. For example, the port of Klaipeda actually halved its transshipment volumes in 2023,” Rybczynski said.

At the same time, Polish ports have significantly increased transshipment volumes of Ukrainian products, in particular grain products.

According to Rybczynski, Baltic ports remain important alternative routes for exports from Ukraine. The main advantages include access to Northern and Western Europe, delivery times, climate stability, modern infrastructure, less congestion and, most importantly, safe navigation. The disadvantages include logistics costs that are 2-3 times higher compared to the Danube ports, higher cargo handling costs, and railroad bottlenecks.

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