Business news from Ukraine

Business news from Ukraine

Zaporizhzhia company invested 67 mln in mobile network core to restore communications

J&Y LLC (Zaporizhzhia), which is engaged in restoring communications in affected and de-occupied territories, invested 67.04 million in the first half of 2025 in the purchase of components for the mobile network core, according to a report by the National Commission for the Regulation of Electronic Communications and Postal Services (NCRC) on its website.

According to the regulator, in the first half of 2024, the company invested UAH 25.1 million in telecommunications, but at that time, the report did not provide additional details on how the funds would be used.

On its official website, J&Y stated that it is implementing 3G and 4G technologies to restore communications in de-occupied territories. The company announced the restoration of more than 10,000 km of networks in de-occupied territories and the provision of communications to more than 1 million people.

In addition, according to its information, more than 700 base stations have been modernized to support 4G communications, and the construction of more than 2,350 base stations is planned.

The website also states that the company is the official distributor of MikroTik/RouterBOARD products in Ukraine.

The Work.ua job portal states that the company has vacancies for an electrical communications engineer and a fiber optic cable installer in Zaporizhia, and for an occupational safety engineer, recruiter, and procurement specialist in Kyiv, with salaries ranging from 30,000 to 50,000 hryvnia. According to information from the regulator, in January-June of this year, the company employed an average of 64 people in the telecommunications sector.

According to the NCC, in the first half of this year, J& Y received UAH 2.39 million in revenue from the provision of telecommunications services, of which UAH 2.26 million came from services using communication lines with a speed of at least 2 Mbit/s, amounting to UAH 2.26 million. By the middle of the year, it had 1,200 lines (points) of fixed access to the Internet.

According to YouControl, the founders of J&Y are Alina Gorbunova with a 36% stake and Irina Srebrodolska and Valery Edelev with 32% stakes each. At the end of last year, the company’s unfinished capital investments amounted to UAH 237.8 million, while net income from the sale of services last year amounted to UAH 5.6 million.

According to the NCC, as of the middle of the first half of this year, there were three major operators providing 3G and 4G communication services in Ukraine: Kyivstar, Vodafone Ukraine, and lifecell, with revenues of UAH 12.17 billion, UAH 9.55 billion, and UAH 4.52 billion, respectively.

In addition, TriMob LLC reported small revenues from the provision of 3G and 4G services – UAH 4 million, and Laikamobile Ukraine – UAH 1.5 million, while at International Telecommunications LLC and Telesystems of Ukraine PJSC, they amounted to less than UAH 10,000.

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Ukrnafta announces tender for insurance of dangerous goods transportation

On December 2, PJSC Ukrnafta announced a tender for insurance services covering the liability of dangerous goods transporters in the event of negative consequences during the transportation of such goods.

According to the Prozorro electronic public procurement system, the expected cost of purchasing the services is UAH 471,691 thousand.

Documents will be accepted until December 10.

Ukrnafta JSC is Ukraine’s largest oil production company and operates the largest national network of gas stations, UKRNAFTA. In 2024, the company entered into asset management with Glusco. In 2025, it completed an agreement with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates 663 gas stations.

The company is implementing a comprehensive program to restore operations and update the format of gas stations in its network. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the company’s corporate rights, which belonged to private owners, to the state, and they are now managed by the Ministry of Defense.

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Kernel increased grain exports in quarter due to new harvest

Kernel, one of Ukraine’s largest agricultural holdings, exported 1.3 million tons of grain in July-September 2026 (FY, July 2025-June 2026) exported 1.3 million tons of grain, which is 15% less than in the same period last year, but 27% more than in the previous quarter, thanks to greater availability of grain on the domestic market after the start of the winter wheat harvest.

According to the published quarterly report, wheat accounted for 74% of Kernel’s total exports, with the rest being corn and barley.

“The start of the new financial year for the Infrastructure and Trade segment was shaped by two key market dynamics: a delay in the harvesting campaign in Ukraine caused by weather conditions and slower-than-usual sales by farmers,” the agricultural holding said.

As a result, the cargo turnover of export terminals in the first quarter of FY 2026 amounted to 1.8 million tons, which is 17% less than in the same period last year, leading to a decrease in grain exports and the group’s overall sales portfolio of vegetable oils and meal.

Grain accounted for 75% of the total cargo turnover, edible oils for 13%, and vegetable meal for the rest.

The volume of grain received by silos in July-September 2026 FR amounted to 1.2 million tons, which is 34% less than in the previous year. Of this amount, 796 thousand tons were received from the agricultural holding’s own agricultural enterprises, and the rest from third-party suppliers.

“The decrease in arrivals mainly reflects the later start of the group’s harvesting campaign, as unfavorable weather conditions and uneven ripeness of crops in different regions delayed and reduced deliveries to warehouses,” Kernel explained.

The Infrastructure and Trade segment generated EBITDA of $20 million in the first quarter of 2026 FY, down 62% from the previous year.

Before the war, Kernel was the world’s leading producer of sunflower oil (about 7% of global production) and its exporter (about 12%). It is one of the largest producers and sellers of bottled oil in Ukraine. In addition, it is engaged in the cultivation and sale of agricultural products.

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Uzbekistan introduces legal regime for stablecoins

As part of the strategy to accelerate the development of the financial technology market and stimulate the use of modern IT solutions in the field of financial and banking services, Uzbekistan has adopted a resolution ‘On measures for the further development of the financial technology sector in Uzbekistan’.

According to the document, the main targets for 2026–2030 include:

  • attracting $1 billion in foreign investment in financial technology start-ups;
  • increasing the number of market participants to at least 200;
  • developing up to 100 start-ups that have completed incubation and acceleration programmes;
  • training at least 5,000 young specialists in financial technology;
  • conducting pilot testing of digital currencies and stable tokens as a means of payment.

The Central Bank has been appointed responsible for the development of the financial technology sector and has been granted a number of additional powers. Within its framework, the following will be created:

  • a venture fund with a statutory capital equivalent to $50 million to finance start-ups;
  • an innovation hub to support start-ups in the field of financial technologies, including acceleration programmes, attracting investment and implementing grant programmes.

From 2026, participants in the innovation hub will be able to receive compensation of up to 50% of the costs of training and attracting mentors, but not more than $20,000 and $50,000, respectively.

The programme provides for the introduction of an open banking system for the secure exchange of data between banks and fintech companies, the creation of the position of Chief Data Officer in the Central and Commercial Banks, and the development of a National Financial Technology Development Strategy for 2026-2030.

Particular attention is paid to expanding the use of crypto assets: from 1 January 2026, a special legal regime will be introduced to regulate the circulation of stable tokens as a means of payment, the issuance of tokenised shares and bonds will be permitted, and separate platforms will be created on stock exchanges for their placement and circulation.

https://www.fixygen.ua/news/20251202/uzbekistan-vprovadzhue-spetsialniy-pravoviy-rezhim-dlya-steyblkoyiniv.html

 

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New free course from Astarta on pea biology: what agronomists need to know for high yields

A new free certified course has been launched on the AgriAcademy educational platform: ‘Peas. Biological characteristics of the crop’, dedicated to one of Ukraine’s key legumes. The curriculum has been developed by specialists from the agro-industrial holding company Astarta.

What is the course about?

The new training module takes a detailed look at the biological characteristics of peas that determine their yield potential. Students will learn:

  • what temperature conditions are required for seed germination;
  • how light requirements and moisture levels affect the initial stages of development;
  • how the biology of the crop shapes the future harvest and what to look for during cultivation.

The course will be useful for both practicing agronomists and managers, students or farmers who want to improve their approach to pea cultivation technology.

Who created the course?

The lead expert is Volodymyr Kuryachiy, one of the most renowned agronomists in the Poltava region with over 40 years of experience in production. At the Astarta-Kyiv agricultural holding, he headed the crop production department of the Dovzhenko Agricultural Firm for over ten years and has been working as the chief agronomist of the Poltava region since 2019.

The following people also worked on the course:

  • Olga Veiler – developed an interactive presentation;
  • Svitlana Semenyuk, who developed the course methodology.

Certificate and accessibility

All AgriAcademy courses, including this one, are free of charge.

Students receive:

  • interactive presentations;
  • video lectures;
  • practical assignments;
  • the opportunity to take a final test and receive a certificate.

The course is available at any time, allowing farmers to study at their convenience without taking time off from their daily work.

Why is this important?

The demand for legumes is growing both due to the development of export markets and the need to restore soil fertility. Peas remain one of the most effective crops in crop rotation, and a proper understanding of their biology directly affects yield stability even in difficult climatic conditions.

The new course from Astarta and AgriAcademy provides agricultural producers with practical, scientifically based knowledge that can be applied as early as next season.

Registration is now open!

Farmers can join via the link on the AgriAcademy platform and start learning immediately after registration.

Other training courses from Astarta specialists are also available on the platform:

Astarta is a vertically integrated agro-industrial holding in Ukraine, a public European company that conducts socially responsible business and produces food products with a focus on global markets. Its main activities are concentrated in crop production, the sugar industry, dairy farming, soybean processing, grain logistics, and bioenergy.

AgriAcademy is a free online learning platform created on the initiative of the EBRD as part of its food security support programme in Ukraine. Its goal is to strengthen the competitiveness and sustainable development of agriculture, which has suffered significant losses due to the war.

The creation and management of the platform (including the development of courses, educational tours, etc.) is supported and financed by the EBRD, as well as:

  • The EBRD’s Multilateral Donor Account for Stabilisation and Sustainable Growth in Ukraine (donors: Denmark, Finland, France, Germany, Italy, Japan, the Netherlands, Norway, Poland, Sweden, Switzerland, the United Kingdom, the United States and the European Union as the largest donor);
  • The Republic of Ireland through the EBRD Small Business Promotion Fund (other donors to the fund: Italy, Japan, South Korea, Luxembourg, Norway, Sweden, Switzerland, Taipei China and the United States);
  • The Food and Agriculture Organisation of the United Nations (FAO).

 

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300 top managers gathered in Kyiv for Sales Forum 2025

SALES FORUM’2025 “Code for Profit. Sales of New Thinking” was held in Kyiv, an event that brought together 300 business owners, CEOs, commercial directors, and heads of sales, marketing, analytics, and export departments. The event was organized by KA Group, which has been forming a professional community of leaders for over 13 years, strategically helping them grow despite challenges and uncertainty.

“We are here to talk about the most important thing – how to build a sales system that grows faster than the team wears out. Today, we are looking for the code for profit: behavioral changes, channel architecture, export potential, and systems thinking,” emphasized Alona Zhupikova, founder of KA Group, in her welcoming speech.

Behavioral economics: why customers are no longer rational buyers

Andriy Dligach (Advanter Group) showed in his analytical presentation that customer decisions are largely shaped by unconscious biases. Ukrainian culture remains paternalistic, and this dictates new rules for communication, service, and sales architecture.

He emphasized that over 70% of Ukrainian consumers’ decisions are made unconsciously, through quick mental models, rather than through rational analysis. That is why brands that operate “logically” lose out to those that work with behavioral triggers, emotions, and trust.

Who really sells in the company

In the MHP case study, Denis Korabliov, Oksana Bornak, and Alexander Palamarchuk showed how focusing not only on transactional relationships but also on the development of clients’ businesses allows you to synchronize roles and eliminate conflicts that slow down sales.

According to Denis Korabliov: “Instead of a sales department, MHP has a customer business development team that focuses not on product shipment volumes, but on the efficiency of the partner’s business: logistics, warehouse, team, motivation, the work of sales representatives and sellers, and internal processes. If necessary, we help to reorganize these processes, set goals, training, motivation, and reporting—everything that really affects the result. It is this approach that allows us to maintain a balance between marketing, sales, and category management and ensures the manageability of the commercial model.”

A unified growth system: when numbers become the language of business

Participants in the discussion included Andriy Myroniuk (Myroniuk Consulting), Anton Fedulov (Sales Label), Oleksandr Kolb (Promodo), and Anastasia Gerasymenko (Kasta SuperApp).

The panel was dedicated to building an integrated revenue system: combining Sales, Marketing, Analytics, and Customer Success. They discussed metrics as a common language for teams, the role of the CEO in synchronizing processes, and a culture of data-driven decision-making.

Export and global competition

Moderator Dmytro Shvets (Start Global) led a discussion with the participation of Iryna Zelenina (Ukrainian Export Alliance), Vasyl Yatsyshyn (Kormotech), and Dmytro Kazavchynskyi (CLIXAR).

Focus: the transition from Made in Ukraine to Trusted in Ukraine, the digitization of export sales, and new rules for working with international buyers.

Invisible barriers in channels

Oleg Koss (LANKA.CX) showed where conversion disappears and why companies often fail to notice the real points of loss. Omnichannel works only when channels do not compete with each other but support a single customer journey.

CX and EX increase LTV only when they work in sync.

Sales culture as a team strength

Marina Avdeeva (Arsenal Insurance / Easy Peasy Insurtech) spoke in a motivational speech about the importance of ambition, service, and discipline:

“Strength is in action. Sales culture is clarity, speed, and consistency.”

Digital transformation at PUMB

Dmytro Polishchuk (PUMB) shared his experience of digitally restructuring the retail business: from the Agile management model to rethinking the role of physical and online channels.

The main focus: sales quality and moving away from a “zoo of products.”

CRM as a company’s operating system

Spartak Polishchuk (Uspacy / RUBICON) outlined three typical CRM pitfalls and showed how to turn it into a growth management system with pipeline health, stage velocity, and conversion loops.

CRM should reflect the real path of the lead, not the picture that the manager sees.

Funnel audit: where businesses lose profits

The final workshop by Vadim Martsenko (Martsenko Sales) allowed participants to see their own “loss zones” in sales funnels, those places where the customer seems to be “thinking” but has actually already dropped out of the process.

Participants’ voices

Oleksandr Dzekan (Factum Auto): “Today, for the first time, I saw our funnel the way it should be. We lose sales where we unconsciously shift responsibility to the customer — and the forum highlighted this very clearly.”

The event was supported by: General Partner MHP, Official Partners KORMOTECH, Linkos Group

Media contacts KA Group – www.kagroup.ua info@kagroup.ua

Interfax-Ukraine – information partner