Business news from Ukraine

Business news from Ukraine

“Kyivstar” is considering pilot bond offering on Ukrainian market

Kyivstar, Ukraine’s largest telecommunications operator, is considering a pilot bond offering on the Ukrainian market, the company’s President and CEO Oleksandr Komarov announced at the “UP 100 Business” event in Kyiv on the evening of June 17, dedicated to the 20th anniversary of “Ekonomichna Pravda.”

“We have a functioning business with fairly solid metrics. I feel that if we need financing in hryvnia or foreign currency, there are bond instruments that we plan to try in the near future. I see this opportunity and don’t see any obstacles,” Komarov noted.

He recalled that at one point in its history, Kyivstar was “approximately $250 million in debt” and successfully and promptly fulfilled all its obligations.

According to him, the company has never taken out loans secured by its assets, only against its working capital.

Komarov added that an instrument such as bonds could enable Kyivstar to implement a strategy of independence from its current liquidity levels.

He also expressed the view that “something positive is happening at the (National) Securities Commission” right now.

“I hope there will be some degree of legalization, and that new, simplified mechanisms for raising capital will be created. In other words, it seems to me that, despite the very difficult environment, we are gradually moving in the right direction,” said the president of Kyivstar on the day a bill was submitted to the Verkhovna Rada to simplify the registration of private share offerings.

As reported, Kyivstar increased its consolidated EBITDA by 28.5% in the first quarter of 2026—to 7.5 billion UAH—while revenue grew by 31.3%—to 13.9 billion UAH.

, , ,

“Ukrposhta” plans to raise over 22 mln UAH from sale of decommissioned vehicles

JSC “Ukrposhta” expects to raise more than 22 million UAH from the sale of decommissioned vehicles to modernize the company’s fleet.

“Every rusty UAZ sold is a direct contribution to new long-haul vehicles, modern logistics, delivery speed, and the company’s ability to operate even when the enemy is trying to destroy the infrastructure,” Ukrposhta CEO Ihor Smilianskyi is quoted as saying in the press release.

According to him, since the start of the full-scale invasion, “Ukrposhta” has lost 426 vehicles due to shelling and the temporary occupation of territories.

It is noted that during two phases of open auctions conducted through the “Prozorro.Sales” system, the postal operator sold over 1,000 vehicles. Specifically, during the first phase, 716 vehicles were sold, bringing the company approximately 9 million UAH.

“During the second phase, another 316 vehicles were put up for auction. Forty-two auctions have already taken place, and two more are in the final stages, specifically in the Donetsk and Zaporizhzhia regions,” the press release states.

Ukrposhta noted that over 600 participants took part in the auctions, which made it possible to nearly double the final value of the lots from 7.7 million hryvnias to a projected 13.7 million hryvnias.

“The most expensive lot in the second stage was the Kyiv lot consisting of 23 Soviet-era vehicles, which sold for 916 thousand UAH. The least expensive was a Mazda 6 for 44 thousand UAH,” the company emphasized.

Separately, the national postal operator noted that it had completed 100% automation of its sorting processes and expanded its fleet with 160 new MAN and IVECO trucks.

The state-owned “Ukrposhta” reported a total profit of 106.3 million UAH for January–April, with EBITDA of 122.9 million UAH. The company’s equity reached 2.3 billion UAH without additional budgetary funding.

In January–March 2026, the company reported a net loss of 204.8 million UAH, which is 1.1 million UAH, or 0.5%, higher than in the same period of 2025, while its revenue grew by 1.1% to 13 billion 118.42 billion UAH.

, , , ,

Dnipro Food Concentrates Plant to Hold Meeting on June 30

According to Fixygen, PJSC “Dnipro Food Concentrates Plant” will hold a general meeting of shareholders remotely on June 30, 2026, as indicated in a notice posted on the SMIDA system on June 10.

Details of the agenda are specified in the issuer’s announcement.

PJSC “Dnipro Food Concentrates Plant” operates in the food industry. The company is known in the market as a manufacturer of products under the “Zolote Zerno” trademark.

The company is based in Dnipro and operates in the FMCG segment, producing food concentrates and grain-based products.

NBU Fined FC “Forward Finance” 172.94 thousand UAH

According to Fixygen, the National Bank of Ukraine fined “FC Forward Finance” LLC 172.94 thousand UAH and issued a written warning to the company.

According to the NBU, the financial company submitted regulatory reports containing inaccurate data and failed to ensure the functioning of a comprehensive, adequate, and effective internal control system.

The fine was imposed for violating the requirements of paragraph 5 of Section I of the Rules for the Preparation and Submission of Reports by Non-Bank Financial Services Market Participants to the NBU, approved by Resolution No. 123 of the National Bank’s Board on November 25, 2021.

FC “Forward Finance” must pay the fine within one month from the date the decision takes effect. In addition, by July 7, 2026, the company must rectify the deficiency in its operations specified in the written warning.

FC “Forward Finance” LLC is registered in Ukraine, EDRPOU code 38837560. The company operates in the non-bank financial sector, which is regulated by the National Bank of Ukraine. For such institutions, the reliability of financial reporting and the quality of internal controls are key issues in light of requirements for transparency, supervision, and the protection of consumers of financial services.

Source: NBU

One of Europe’s Tallest Pedestrian Suspension Bridges Will Be Built in Romania

According to The Serbian Economist, a contract has been signed in neighboring Romania for the design and construction of a pedestrian suspension bridge across the Rebra River valley near the commune of Parva in Bistrița-Năsăud County, Transylvania.

The future bridge will be approximately 620 m long. It will span the Rebra Valley and connect two mountain slopes near the entrance to the Rodna Mountains National Park. According to Romanian media reports, the bridge will be 200–300 m above the valley.

The project could become one of the highest pedestrian suspension bridges in Europe and one of Romania’s new tourist attractions.

The project is funded, in part, by European funds under the Nord-Vest 2021–2027 regional program.

In addition to the bridge itself, the project includes the development of tourism infrastructure, specifically access to the site and landscaping of the surrounding area. In particular, Romanian publications mention the reconstruction of Dealul Tisei Street.

https://t.me/relocationrs/3055

 

,

Currency Exchange Rates from Various Banks Now Available in PUMB App

PUMB continues to expand its digital services in the mobile app and is launching a new feature for customers—“Bank Exchange Rates”. From now on, users can view currency exchange rates from other banks directly in the PUMB app and make financial decisions more quickly.

The new service allows users to access up-to-date information about the currency market in one place without having to visit third-party websites or open other banks’ apps.

Now, it takes just a few clicks in the PUMB app to compare exchange rates and assess the current market situation.

All the information you need—on a single screen

The “Bank Exchange Rates” service provides information on:

– exchange rates for USD and EUR;

– exchange rates from Ukraine’s top 5 banks;

– the official NBU exchange rate;

– the date and time of the last data update;

– the information source—kurs.com.ua.

This allows customers to quickly compare offers from different banks and get a sense of the current market situation.

Where to find the new service

The new service is available in the PUMB app under the following sections:

– “Payments”;

– “Currency Market.”

After navigating to these sections, the “Exchange Rates in Banking Apps” screen opens, displaying up-to-date information on market exchange rates.

More Convenience for Customers

FUIB continues to develop the app’s currency features so that customers can access as much useful information and services as possible in one place.

Now exchange rates from other banks are available directly in the PUMB app.

No searching. No redirects. No extra tabs.

Just open the app—and all the information you need is right at your fingertips.

PUMB—the bank that’s always in your best interest!