Business news from Ukraine

Business news from Ukraine

Agrotrade launches program to support soybean and rapeseed exports

Agroholding Agrotrade has launched a support program for soybean and rapeseed producers in the 2025 season amid regulatory changes and the introduction of export duties, the agroholding’s press service reported.

According to the report, Agrotrade will help farmers enter foreign markets directly, without intermediaries, and maintain profitability. Agricultural producers are exempt from paying such duties if they sell for export. The program aims to help producers sell their crops more profitably by adapting to new market conditions.

“If a producer sells soybeans or rapeseed to a domestic intermediary for one hryvnia, the intermediary, in turn, exports the product and receives foreign currency. With the introduction of export duties, this model loses its economic efficiency for producers, as the intermediary will offer a lower price to compensate for the duty costs. Instead, the producer can now sell their products directly abroad and earn more,” explained Andriy But, director of the foreign economic activity department at Agrotrade.

The agricultural holding company has offered producers full support for export agreements, from the conclusion of export contracts to logistics and document processing, as well as step-by-step advice in the form of an action algorithm so that producers understand each stage.

The program will be available to all regions of Ukraine. The minimum batch size is 200 tons.

“The Agrotrade Group is actively developing its export business and improving logistics to create new opportunities for Ukrainian agricultural producers. We are paving the way for direct, transparent, and profitable cooperation — helping producers adapt to changes, maintain profitability, and gain knowledge and the ability to export independently and receive foreign currency earnings,” the agricultural holding concluded.

The Agrotrade Group is a vertically integrated holding company covering the entire agricultural cycle (production, processing, storage, and trade in agricultural products). It cultivates over 70,000 hectares of land in the Chernihiv, Sumy, Poltava, and Kharkiv regions. Its main crops are sunflower, corn, winter wheat, soybeans, and rapeseed. It has its own network of elevators with a total storage capacity of 570,000 tons.

The group also produces hybrid seeds of corn, sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20,000 tons of seeds per year was built on the basis of the Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand, Agroseeds.

The founder of Agrotrade is Vsevolod Kozhemyako.

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Indirect cost of housing construction in Ukraine has grown again – statistics by regions

The indirect cost of housing construction in Ukraine in the second quarter of 2025 increased by 2.8% compared to the previous quarter and by 14.3% to the same quarter of 2024, it follows from the indices of indirect cost of housing construction in the regions of Ukraine approved by the Ministry of Development of Communities and Territories (Ministry of Development).

The relevant document establishes indirect indicators of the cost of housing construction, calculated as of July 1, 2025. According to it, the average indicator in Ukraine is 25.3 thousand UAH/square meter, while on July 1, 2024 it was 22.2 thousand UAH/square meter.

According to the Ministry, the indirect cost of construction of 1 square meter of housing in Kiev in the second quarter rose to 29.6 thousand UAH, in Kiev region – to 25.3 thousand UAH, in Lviv region – to 25.2 thousand UAH, in Zakarpattya region – 22 thousand UAH, Ivano-Frankivsk region – 22.8 thousand UAH, Odessa region – 24.3 thousand UAH, Dnipropetrovsk region – 24.6 thousand UAH. Also high indicators are set in Kharkiv and Donetsk regions – 26.6 thousand UAH/sq. m.

 

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Ukraine has significantly reduced honey exports, main buyers – Germany, Spain, Poland

Ukraine exported 24.406 thousand tons of honey in January-June 2025, which is 1.9 times less than in the same period of 2024, when 48.113 thousand tons of this product was supplied to foreign markets. According to statistics released by the State Customs Service (SCS), revenue from honey sales for the period amounted to $53.261 million, which is 41.7% less than for the same period last year, when revenue amounted to $91.417 million.

The top three importers of Ukrainian honey in January-June 2025 were Germany, which accounted for 22.86% of purchases worth $12.177 million, Spain – 10.83% and $5.769 million respectively, Poland – 9.77% and $5.2 million respectively.

A year earlier, during the same period, the most active importers of sugar from Ukraine were Germany (25.76% at $23.546 million) and Poland (10.16% at $9.288 million), as well as the United States (15.27% at $13.955 million).

 

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Unemployment in Spain falls to lowest level since 2008

Unemployment in Spain fell in the second quarter to its lowest level since 2008. According to the Spanish statistics agency INE, unemployment in the country fell to 10.29% in April-June, compared with 11.36% in the previous quarter. Analysts polled by Trading Economics had expected a more moderate decline to 10.7%.

The number of unemployed fell by 236,100 to 2.55 million. At the same time, the number of employed increased by 505,500 to 20.27 million.

Source: http://relocation.com.ua/riven-bezrobittia-v-ispanii-znyzyvsia-do-minimumu-z-2008-roku/

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Naftogaz received UAH 4.7 bln from Ukrgasbank for gas

Ukrgasbank provided Naftogaz of Ukraine with a loan of UAH 4.7 billion for gas purchases, according to the company’s CEO Serhiy Koretsky.

“We are continuing to prepare for winter – another important step has been taken. Naftogaz has signed a loan agreement with Ukrgasbank (UGB) for UAH 4.7 billion. The funds received are already being used to purchase natural gas to build up sufficient reserves in underground gas storage facilities so that the country will be provided with energy resources this winter,” Koretsky wrote on his Facebook page on Thursday.

He expressed his gratitude to the management of Ukrgasbank and the government for their support.

As reported, on July 23, PrivatBank provided Naftogaz with the same loan of UAH 4.7 billion, which was the first for the company and the largest energy loan from the bank since the start of the war.

 

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Ukrainian brand Suziria enters Japanese market

Suziria Group, one of the leaders in the Ukrainian pet products market, has entered the Japanese market, the company announced.

“Suziria Group brands are now present in 12 markets, and this number is growing. Our latest development is Half&Half, which has just entered the Japanese market.

The first batch of products arrived in Japan with the support of our trusted partner Casarich, which acts as the importer. Distribution is managed by their subsidiary Compet, part of the respected Combi Group, known for its expertise in childcare and pet care,” the company said on its LinkedIn page.

Suziria Group is a Ukrainian family-owned group of companies that has been developing the pet products market for over 30 years. It includes Suziria Brands, Suziria Distribution, the MasterZoo pet store chain with 190 stores, and a chain of grooming salons. The company operates throughout Ukraine and abroad, exporting its own products under the Savory, Half&Half, Special One, Pet Fashion, Buddy Boo, Priroda, and Puramur brands.

 

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