Business news from Ukraine

Business news from Ukraine

Truck Imports to Ukraine Fell by 1.1% Over Eight Months

Imports of trucks to Ukraine from January through August 2026 declined by 1.1% in monetary terms compared to the same period in 2025—to $627.5 million, according to statistics from the State Customs Service.

According to the published data, imports of these vehicles rose by 13.5% in August compared to August 2025, reaching $80.1 million.
As in the previous year, the largest number of trucks in January–August were imported from Poland, but imports from that country fell by 24%—to $98.8 million—and its share of total truck imports decreased to 15.74% from 20.5%.

Germany became the second-largest supplier of trucks to Ukraine, with exports totaling $88.4 million; in January–August 2025, it had not been among the top three suppliers.
Imports from Italy, which also was not among the top three truck suppliers a year ago, totaled $68.9 million (nearly 11%).

In January–August of last year, the top three truck suppliers were Poland, France, and the United States.
Imports of trucks from all other countries during this period increased by 20.5%—to $371.4 million.

At the same time, according to statistics, Ukraine exported only $2.17 million worth of trucks over the eight-month period, mostly to Turkey, while a year ago, exports totaled nearly $4 million—also primarily to Turkey.
As previously reported, in 2025, imports of trucks into Ukraine increased by 5.5% compared to 2024—to $999.5 million, with the largest volumes coming from France—$169.2 million (42.8% more than the year before last), Poland—$162.7 million (-14.7%), and the United States—$109 million (+2%).

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Chemical Companies Accounted for 21% of New Enforcement Proceedings Related to Wage Arrears in Ukraine

Large chemical companies were among those with the highest number of new enforcement proceedings related to wage arrears in Ukraine from January through August 2026, according to Experts.news.

According to OpenDataBot, 245 new enforcement proceedings have been opened against Sumykhimprom since the beginning of the year, and all of them remain active as of September.

A total of 213 enforcement proceedings have been registered against the Odesa Port Plant (OPP), of which 212 remain active.

Another 205 enforcement proceedings have been opened against “Karpatnaftohim,” and 191 against “Dniproazot.” All of these proceedings remained active as of the time the statistics were compiled.

At the same time, formally, the largest number of new proceedings over the eight-month period was registered against “Teplokomunenergo of the Oleksandriya City Council”—1,008—but all of them have already been closed.

“Svitlovodskbyt” ranked second in terms of the number of new cases—398 proceedings, of which only 11 remain active.

The statistics indicate a significant concentration of wage arrears in the chemical industry. In total, enterprises engaged in the production of chemical products accounted for 989 new enforcement proceedings in January–August, or 21% of the total number in Ukraine.

In total, over the first eight months of 2026, 4,621 new enforcement proceedings were initiated in the country to collect wage arrears.

Source: OpenDataBot, Unified Register of Debtors.

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Energy and Chemical Industries Accounted for More Than Half of New Wage Arrears in Ukraine

More than half of the new enforcement proceedings regarding wage arrears in Ukraine during the first eight months of 2026 were concentrated in just two sectors—electricity and gas supply, and chemical production.

According to OpenDataBot, 1,545 enforcement proceedings were initiated against companies in the electricity and gas supply sector from January through August, accounting for about one-third of all new cases involving wage arrears.

Another 989 proceedings, or 21%, were initiated against chemical manufacturers.

Thus, these two sectors together accounted for about 55% of all new enforcement proceedings related to wage arrears in the country.

The next sector by number of proceedings was the manufacture of other transportation equipment, with 263 cases. Machinery manufacturing companies accounted for 235 proceedings, and electrical equipment manufacturers for 191.

In total, 4,621 new enforcement proceedings regarding wage arrears were registered in Ukraine from January through August 2026, which is 16% fewer than a year earlier.

The high concentration of debt in the energy and chemical industries is linked, in particular, to the presence in these sectors of large enterprises with complex financial situations and significant accumulated debt to employees.

In particular, among the companies with a large number of new enforcement proceedings in 2026 are Sumykhimprom, the Odesa Port Plant, Karpatnaftochim, and Dniproazot.

Source: OpenDataBot, Unified Register of Debtors.

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VUSO Insurance Company Plans to Allocate 20 Mln Hryvnia for Dividend Payments

Shareholders of Insurance Company “VUSO” (Kyiv) plan to approve a resolution at a meeting scheduled for October 2 to allocate 20.013 million UAH from the balance of net retained earnings for 2025—totaling 259.7 million UAH—toward dividend payments.

As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining portion of retained earnings for 2025, amounting to 239.7 million UAH, is planned to remain undistributed.

The meeting agenda states that dividends will be paid at a rate of 0.73 UAH per share. They will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date the relevant resolution is adopted by the general meeting of shareholders.

As previously reported, the shareholders of VUSO Insurance Company, at a meeting on June 29, 2026, adopted a resolution to allocate 20.013 million UAH from the net undistributed profit for 2025 toward dividend payments. Previously, at meetings held from December 4 to 9, 2025, as well as on March 25, 2026, they adopted a resolution to allocate UAH 20.013 million from the confirmed retained earnings for 2024 toward dividend payments.

VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), as well as a member of the Nuclear Insurance Pool.
The company’s gross premiums for 2025 totaled 5.136 billion UAH, which is 48.36% more than in 2024; net premiums grew by 47.92% to 4.593 billion UAH, and net earned premiums increased by 48.74% to 4.071 billion UAH. Individuals accounted for 60.56% of gross premiums, while reinsurers accounted for 0.84%.

In 2025, VUSO Insurance Company paid out UAH 1.791 billion to its clients, which is 26.64% higher than the volume of insurance payments and reimbursements for 2024; the payout ratio decreased by 5.98 percentage points to 34.87%.
As of January 1, 2026, the insurer’s assets grew by 63.43% to 3.133 billion UAH, equity increased by 32.49% to 1.001 billion UAH, and liabilities rose by 83.57%, to 2.132 billion UAH, and cash and cash equivalents by 59.50%, to 1.210 billion UAH.

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Ukraine Could Increase Its Share of Global Sunflower Oil Exports to 31.3%

According to Experts.news, Ukraine could account for about 31.3% of global sunflower oil exports in the 2026/27 marketing year, according to calculations by Open4Business based on the September forecast from the U.S. Department of Agriculture (USDA).

According to the USDA Foreign Agricultural Service report Oilseeds: World Markets and Trade, published on September 11, 2026, Ukrainian sunflower oil exports are projected to reach 5 million metric tons, while global exports are expected to total 15.968 million metric tons.

Thus, nearly one in every three metric tons of sunflower oil supplied to the global market may be of Ukrainian origin.

In the previous 2025/26 marketing year, Ukraine exported approximately 4.036 million metric tons of sunflower oil out of total global exports of about 13.51 million metric tons. At that time, Ukraine’s share was about 29.9%. In the new season, this figure may increase by approximately 1.4 percentage points.

The USDA expects Ukraine to remain the world’s second-largest exporter of sunflower oil after Russia. Russian shipments are projected at 5.1 million metric tons, accounting for approximately 31.9% of global exports.

Together, Ukraine and Russia could supply about 10.1 million metric tons to foreign markets, or more than 63% of total global sunflower oil exports.

Argentina will remain the third-largest exporter, with projected shipments of about 2.05 million metric tons, accounting for approximately 12.8% of global trade. Turkey is expected to export about 1.1 million metric tons, and the European Union—about 850,000 metric tons.

The growth in Ukrainian exports will be driven by a recovery in the sunflower harvest and increased capacity utilization at processing plants. The USDA forecasts sunflower seed production in Ukraine for the 2026/27 marketing year at 13 million metric tons, compared to 10.7 million metric tons in the previous season.

Sunflower oil production, according to the agency’s estimates, will increase to 5.418 million metric tons from 4.515 million metric tons in the 2025/26 marketing year, or by approximately 20%.

At the same time, domestic consumption of sunflower oil in Ukraine is expected to reach about 470,000 metric tons, so the bulk of the additional production will be directed toward exports.

Overall, the USDA forecasts global sunflower oil exports to grow by approximately 18%—from 13.51 million metric tons in the previous season to 15.968 million metric tons in the 2026/27 marketing year.

The increase in supply will largely be driven by a recovery in production in the Black Sea region, primarily in Ukraine and Russia. At the same time, imports are expected to rise from the largest consumers of vegetable oils, notably India and China.

Ukraine traditionally remains one of the world’s largest producers and exporters of sunflower oil. A distinctive feature of the Ukrainian industry is the high proportion of domestic seed processing, which means that exports consist primarily of higher-value-added products—oil and meal—rather than raw materials.

Source: USDA Foreign Agricultural Service, Oilseeds: World Markets and Trade, September 11, 2026: official USDA report.

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Forbes Named 50 Women Innovators Over 50: U.S. Dominates, Serbia Among the Leaders by Participants’ Origins

Forbes has published its 50 Over 50: Innovation 2026 list, which includes 50 women over the age of 50 who continue to exert a significant influence on science, medicine, artificial intelligence, robotics, biotechnology, space research, industry and the technology business. The ranking was published on August 11, 2026, and is part of the broader Forbes 50 Over 50 project, which includes a total of 200 women in four categories — Innovation, Impact, Investment and Lifestyle.

An important clarification is that Forbes does not assign all 50 participants positions from No. 1 to No. 50. On the main Innovation page, the names are listed alphabetically. The de facto exception was Ritu Narayan, founder of the transportation startup Zum, whom both the company and the entrepreneur herself describe as the “No. 1 honoree” in the Innovation category and the face of the issue’s cover. However, Forbes did not publish a complete numerical ranking of the remaining 49 positions.

Narayan, who grew up in India and built her career in Silicon Valley, created Zum, a technology platform modernizing the U.S. school bus system using artificial intelligence, GPS and electric vehicles. Forbes values the startup at approximately $1.7 billion, with 2025 revenue of $333 million.

The 50 honorees also include Stanford professor Zhenan Bao, who works on electronic skin and wearable electronics; 2025 Nobel Prize laureate Mary Brunkow; NASA science program leader Nicola Fox; MIT School of Engineering dean Paula Hammond; MIT professor and developer of wireless medical technologies Dina Katabi; Takeda head Julie Kim; astrophysicist and dean of MIT’s School of Science Nergis Mavalvala; former Yahoo chief and Dazzle AI founder Marissa Mayer; HubSpot chief Yamini Rangan; Cummins leader Jennifer Rumsey, and many others.

An analysis by Experts.News reveals an interesting geography of the list. Forbes itself does not publish separate statistics by nationality, so it is more accurate to speak about the countries of birth and origins of the participants. By this measure, the United States clearly dominates: most of the women in the Innovation-50 were born and built their careers specifically within the American scientific and entrepreneurial environment.

Among the participants born outside the United States, several countries stand out. Serbia is represented by two natives — Vunjak-Novakovic and Matarić. India — Ritu Narayan and Yamini Rangan. China — Zhenan Bao and Michelle Zhou. Morocco — Bahija Jallal and Wafaa Mamilli. Serbia therefore belongs to a small group of countries that produced two participants in the Innovation-50. Zhou’s Chinese origin is confirmed by the Association for Computing Machinery, while Mamilli herself lists Casablanca as her city of birth; Roche lists her citizenships as French, Moroccan and U.S.

Among other countries, Pakistan, Syria, South Korea, Thailand, France, the United Kingdom and Israel each have one participant on the list. For example, Nergis Mavalvala was born in Lahore, Pakistan; Dina Katabi in Damascus; Julie Kim in Seoul; Thai Lee in Thailand; Aude Oliva in France; Nicola Fox in Hitchin, England; and Daphne Zohar in Israel.

At the same time, the list’s main geographical conclusion concerns not so much passports as the concentration of talent within the American innovation ecosystem. Even most of the women born in Serbia, India, China, Pakistan, Syria, South Korea or France now work at American universities and companies — MIT, Stanford, Columbia, USC, Berkeley, HubSpot, Cummins and other organizations. Four participants on the list are associated with MIT alone — Paula Hammond, Dina Katabi, Nergis Mavalvala and Aude Oliva.

For a Ukrainian audience, it is notable that there are no Ukraine-born women in the Forbes 50 Over 50: Innovation 2026 category. However, the structure of the list itself demonstrates a model that is also relevant to Ukraine: a significant share of the most successful scientists and technology entrepreneurs are migrants or people originating from other countries who developed and implemented their innovations after integrating into major international universities, research centers and venture ecosystems. In this respect, the example of the two women born in Belgrade is particularly illustrative for Eastern European countries.

The full Innovation-50 includes Maya Ajmera, Lauren Antonoff, Katrina Armstrong, Zhenan Bao, Wendy Barnes, Charlie Blackwell-Thompson, Karen Blanks Ellis, Marsha Anderson Bomar, Christine Brown, Mary Brunkow, Jennifer Tour Chayes, Karen S. Carter, Margaret Dawson, Cindy Eckert, Karen Eng, Katie Farmer, Nicola Fox, Paula T. Hammond, Lisa Harris, Lisa Gelobter, Jacqueline Hinman, Colette D. Honorable, Janice Bryant Howroyd, Bahija Jallal, Sabrina Martucci Johnson, Dina Katabi, Julie Kim, Debra Laskin, Tessa Lau, Thai Lee, Emily Liman, Wafaa Mamilli, Christina Maslach, Maja Matarić, Nergis Mavalvala, Marissa Mayer, Vivienne Ming, Aude Oliva, Ritu Narayan, Yamini Rangan, Shubhi Rao, Jennifer Rumsey, Heather Shoemaker, Ellen Stofan, Gordana Vunjak-Novakovic, Susie Wee, Beth Wozniak, Laura Yecies, Michelle Zhou and Daphne Zohar.

Thus, the 2026 Forbes list demonstrates two trends at once. The first is that an innovation career after the age of 50 increasingly continues for decades and can lead to major scientific and entrepreneurial achievements well beyond the traditional career peak. The second is that the United States remains the main center of attraction for such specialists, while simultaneously making use of the talents of scientists and entrepreneurs born in dozens of other countries.

Original source: Forbes — 2026 50 Over 50: Innovation

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