Business news from Ukraine

Business news from Ukraine

Ukraine may purchase up to 150 Gripen fighter jets from Sweden’s aid list

Ukraine may purchase up to 150 Gripen fighter jets from Sweden, paying for them with frozen Russian assets, according to The Guardian newspaper.

“Swedish Prime Minister Ulf Kristersson said that the purchase could be financed by frozen Russian assets held in Western countries, as well as by allied states from the ‘Coalition of the Willing,’” the publication wrote on Thursday.

It is noted that Ukraine already has American-made F-16 fighter jets and French-made Mirage 2000 fighter jets. Gripen has long been considered more practical for Ukrainian combat conditions — for example, it is designed to take off and land on civilian roads as well as runways so that it can conduct combat operations from dispersed locations, not just airfields.

Justin Bronk, an air warfare expert at the Royal United Services Institute in London, said that the Gripen E “hypothetically be a much more powerful medium-weight fighter” than Ukraine’s existing fleet, thanks to its radar, internal electronic warfare systems, and ability to carry and launch long-range Meteor air-to-air missiles.

Sweden has reportedly ordered 60 of the latest Gripen E aircraft, and Saab is expanding capacity at its factory in Linköping, aiming to produce 20 to 30 aircraft per year, as well as building them in Brazil.

“We fully understand that there is a long way to go… But starting today, we are committed to exploring all possibilities to provide Ukraine with a large number of Gripen fighters in the future,” the publication quotes the Swedish prime minister as saying.

 

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Sukha Balka mine has begun developing new horizon with reserves of 49,000 tons of ore

The Sukha Balka mine (Kryvyi Rih, Dnipropetrovsk region), part of Alexander Yaroslavsky’s DCH group, has started work on a new horizon of the Druzhba iron ore deposit at the Frunze mine.

According to a report in the DCH Steel corporate newspaper on Thursday, work on the block began on October 16.

It is specified that block 45-51 is located in the sub-levels of horizons -1210m and -1227m of the Druzhba deposit. It is noted that this is the first block of the new horizon to be developed using modern technology.

The block’s reserves amount to about 49,000 tons of high-quality raw materials. The average iron content is 61.22%.

It is expected that the block’s reserves will be sufficient for three months of stable operation.

The Sukha Balka mine is one of the leading enterprises in the mining industry in Ukraine. It extracts iron ore using underground methods. The mine includes the Yuvileina and Frunze mines.

The DCH Group acquired the mine from the Evraz Group in May 2017.

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Liberty Finance issues corporate bonds for first time

Liberty Finance Financial Company LLC (hereinafter referred to as Liberty Finance) has successfully completed the placement process and registered a report on the results of the company’s first ever bond issue.
The National Securities and Stock Market Commission (NSSMC) registered the report on the results of the issue of registered corporate discount bonds of series A. This decision is the final confirmation of the successful placement of securities among a pre-determined group of investors.
Liberty Finance has become one of the few financial companies on the market to take such a step, confirming its high level of capitalization, financial stability, and the trust of regulators.
“The successful placement of our first bond issue is a landmark event for Liberty Finance and a reflection of our reliability. To conduct the issue, the company underwent a thorough audit and confirmed to the Securities Commission that it has sufficient capitalization and financial standing. The NSSMC granted permission for the placement, recognizing us as a reliable issuer. This demonstrates the transparency of our activities and compliance with high regulatory standards,” the company said.
The issue is closed. The bonds were placed among a limited list of specified investors. They were issued with a par value of UAH 1,000 and a maturity date in 2028.
“The funds raised will be used to ensure the company’s successful operation. We are a systematic profitable business with decent capitalization, which allows us to ensure the repayment of all obligations on the issued securities. Our activities are fully compliant with the regulations of the National Bank of Ukraine, which exercises constant control, and the Commission has twice verified our reliability during the issuance process, which provides our investors with additional guarantees,” Liberty Finance said.
The successful issuance of Liberty Finance bonds is an important step in the company’s financial development and confirmation of its stability in the Ukrainian market.
Liberty Finance is one of the largest licensed operators in the currency exchange market. Its authorized capital is UAH 25 million, and its equity capital exceeded UAH 188 million at the beginning of 2025. According to the NBU, the company is one of the largest taxpayers in its segment.

 

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On October 29, 2025, event “Evolution of Developer: Me. You. Society. Driving Factors” will take place

CREATOR-BUD invites you to the autumn meeting of the “FOUR SEASONS” cycle: developers will discuss the evolution of the industry and social changes

The company CREATOR-BUD continues the series of events “FOUR SEASONS” — a series of professional meetings dedicated to the development of the development market, architecture, social transformations, and the impact of innovation on the urban environment.

On October 29, 2025, the next closed event in the series will take place on the topic: “The Evolution of the Developer: Me. You. Society. Driving Factors.”

The event will take the form of a live panel discussion, informal communication among industry experts, with a buffet and networking.

Time: 5:00 p.m. to 9:00 p.m.

Speakers at the event include:

  • Dmytro Struk — moderator, development director at Creator-Bud
  • Dmytro Vasilyev — CEO, co-founder, and chief architect at Archimatika
  • Yulia Dementieva — Sales Director, Creator-Bud Kyiv
  • Yevgen Bokiy — Commercial Director, UDP
  • Yaroslav Korniyachenko — Founder & CEO, Vlasne Misto
  • Andriy Vavrysh — Founder and CEO, Saga Development
  • Oleksandr Stepanitsa — Commercial Director, HutJet
  • Taras Harashchak — Founder, Design Studio HEG network; Co-founder, ProProff Estate
  • Yevhen Binyavsky — Commercial Director, BGV DEVELOPMENT
  • Oleksiy Baranov — Owner of A Development
  • Olesya Klyushnik — CEO & Owner of Eva Landscape Company, economist, phytopathologist, landscape designer
  • Andriy Kotyishchuk — Owner of Smart Innovation Systems, manufacturer of semi-underground waste systems g-bin.com
  • Valery Lazarenko — Founder and CEO of the MAKSIBUD Group of Companies

To participate in the event, you must first register at: https://forms.gle/XohBDMaVGL38BLki8

Interfax-Ukraine — information partner

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Electricity prices for households will not increase until April 30, 2026

The Cabinet of Ministers of Ukraine has extended the provision on imposing special obligations (SO) on electricity market participants until April 30, 2026, Prime Minister Yulia Sviridenko announced.

“Electricity prices for the population will remain unchanged this winter. The government has extended the SRO for electricity until April 30, 2026. This means that during the heating season, citizens will continue to pay UAH 4.32 per kWh,” Sviridenko wrote on Telegram following Wednesday’s government meeting.

According to her, preferential prices for consumers with electric heating will also remain in place.
Thus, for consumption of up to 2,000 kWh per month, the price will be 2.64 UAH per kWh, and for consumption above the established limit, the price will be 4.32 UAH per kWh.

“This is part of a comprehensive program to support Ukrainians in winter. We are reducing the financial pressure on families during the heating season,” the prime minister added.

As reported earlier, the Cabinet of Ministers extended the validity of the provision on imposing special obligations (SOP) on natural gas market entities for gas supplies to domestic consumers, gas distribution system operators, “last resort” suppliers, and gas-fired electricity producers from October 31, 2025, to March 31, 2026.

Westinghouse plans to localize production of AP1000 modules in Ukraine

Westinghouse is discussing with Energoatom the production of individual modular units for AP1000 reactors in Ukraine, particularly in the western regions, according to Dan Lipman, president of Westinghouse’s Energy

Systems business unit, in an exclusive interview with Interfax-Ukraine.

“We buy where we build. This means that Ukraine can start manufacturing some of the modules right now,” he said.
AP1000 technology involves modular construction, which reduces the time required to build units and allows for the localization of part of the production.

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