Business news from Ukraine

Business news from Ukraine

Sales of used electric vehicles in Ukraine increased by 40%

Sales of used electric vehicles in Ukraine in May increased by 40% compared to the same month in 2024, to over 4,700 units, according to UkrAvtoprom on Telegram.

This volume is actually equal to the figure for April this year.

The average age of such cars was five years.

The top ten used electric cars on the market in May were Tesla Model Y – 544 units; Nissan Leaf – 515 units; Tesla Model 3 – 467 units; KIA Niro EV (322 units); Hyundai Kona Electric (265 units); Chevrolet Bolt (218 units); Volkswagen e-Golf (211 units); Renault Zoe (204 units); Tesla Model S (180 units); and Audi E-Tron Sportback (131 units).

According to the association, in January-May, Ukrainians purchased more than 20,600 imported used electric vehicles, which is 30% more than in the same period in 2024.

As reported, in May, demand for new electric cars grew by 93% compared to the same month in 2024, to 1,257 units, which is also 35% more than in April this year, and in January-May, their registrations increased by 5% compared to the same period last year, to over 4,200 units. units

Last year, according to UkrAvtoprom, registrations of electric vehicles (new and used) increased by 38% compared to 2023, to 51,700 units, including passenger cars by 37% to 50,458 thousand, commercial vehicles by 64% to 1,264 thousand, and two electric buses were also registered. The share of new vehicles was 20%.

Vucic plans visit to Ukraine: meeting with Volodymyr Zelenskyy expected

Serbian President Aleksandar Vučić intends to pay an official visit to Ukraine in the near future, according to Serbian and Ukrainian sources. The main purpose of the trip will be to participate in high-level events in Kyiv and hold talks with Ukrainian President Volodymyr Zelenskyy.

Key expectations from the visit:

Bilateral meeting with Zelensky The agenda will focus on discussing the current geopolitical situation, prospects for European integration, humanitarian cooperation, and regional stability issues. The visit is seen as a step toward deepening political dialogue between the countries.

Participation in an international conference

Vucic is expected to participate in a conference on the reconstruction of Ukraine, where Serbia may present initiatives in the areas of humanitarian aid, infrastructure cooperation, and education.

Context and significance of the visit:

• Policy of neutrality Although Serbia has not joined the sanctions against Russia, the country continues to support the territorial integrity of Ukraine and participate in providing humanitarian aid. This visit could strengthen Belgrade’s international position as a constructive mediator in European politics.

• Deepening the European course According to analysts, the upcoming visit is also linked to Serbia’s course towards rapprochement with the EU. It can be seen as a diplomatic signal of Belgrade’s commitment to European values, especially ahead of important decisions on the future expansion of the union.

Possible consequences:

Serbia – Ukraine
The visit could give new impetus to relations, especially in the humanitarian sphere and education.

Serbia – EU
This will be a symbolic confirmation of the European vector, strengthening trust on the part of Brussels.

Serbia’s domestic policy
Vučić is demonstrating a balance between Eastern and Western partners, which could strengthen his position within the country.

Belgrade. June 10. SERBIAN ECONOMIST

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1,289,423 FOPs have tax debts

As of May 2025, 1.29 million entrepreneurs owed the state more than UAH 13 billion in taxes. This is according to data from the State Tax Service obtained by OpenDataBot. Since the start of the full-scale war, the number of debtors has increased.

The number of sole proprietors with tax debts in Ukraine has almost doubled in the last three years, from 670,000 in February 2022 to 1.29 million as of early May 2025. A third of this increase (namely, 213,000 entrepreneurs) occurred in March 2022.

The largest number of new debtors appeared in the first year of the full-scale war. At that time, the number of entrepreneurs who owed taxes increased by 1.6 times. The surge occurred in March: +31% per month.

The following year, entrepreneurs adapted to the new realities and the growth slowed to 4% per year. However, in 2024, the situation worsened again, and the number of new debtors increased by 16% over the year.

At the beginning of this year, another 42,282 entrepreneurs were burdened with tax debts, an increase of 3.3%. However, over the following months, sole proprietors paid off their debts, so by the beginning of May, the increase was already 2%, or 24,275 entrepreneurs.

The total tax debt of sole proprietors has increased by almost UAH 6 billion since the start of the full-scale war — almost twice as much.

UAH 30 million of these debts are owed by sole proprietors who are single tax payers in groups 1 and 2 and who have been mobilized. As of April this year, a total of 3,145 entrepreneurs in the ranks of the Armed Forces of Ukraine have tax debts from the payment of single tax and military tax. It should be noted that the actual number of mobilized entrepreneurs with tax debts is currently impossible to calculate.

Since the start of the full-scale war, it has been impossible to check the tax debt of sole proprietors, as the Tax Service has closed this data, considering it critical. However, OpenDataBot now allows you to check information about debts that have already been transferred to the enforcement service for compulsory collection.

Simply enter the individual taxpayer identification number (RNOIKPP) to obtain data on the individual entrepreneur and find out if they have any debts.

https://opendatabot.ua/analytics/fop-debts-2025

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Mortgages in Croatia – overview of conditions and trends

The mortgage market in Croatia is showing stable activity thanks to government programs, favorable conditions offered by banks, and steady demand from both citizens and foreigners.

Since 2017, the SSK (Subvencioniranje stambenih kredita) mortgage subsidy has been in effect, whereby the state compensates up to 50% of the monthly annuity for the first five years on loans of up to €100,000 issued to first-time residents. Pilot assessments show that these measures have led to an increase in housing prices, especially in large cities.

Terms and conditions of mortgage programs at banks

HPB (Hrvatska poštanska banka):

Fixed rate from 2.89%, APR (effective) — 3.00%, term up to 30 years. No property appraisal costs.

OTP banka:

Rate 4.69%, APR 4.93%, term up to 20 years, amount up to €200,000.

Agram Banka:

For new customers, the APR is 5.49% for a 20-year loan (example — €50,000).

Podravska banka:

Fixed rate of 5.90%, APR — 6.15%, no issuance fee.

Conditions for foreigners

Citizens of the EU, Switzerland, Iceland, Norway, and Liechtenstein can obtain a mortgage on the same terms as Croatians. For non-residents, LTV is 50–70%, with state control over the project; a residence permit or long-term stay may be required.

History of rates: from 2017 to 2025

2017–2019: rates were fixed below 3%, especially in HPB, thanks to subsidies and other benefits.

2020–2022: rates rose gradually in line with Eurobonds and monetary easing, reaching 4–5%.

2023–2025: current rates are fixed at 2.9–5.9%, ECA — 3–6%, reflecting tight credit conditions.

The Croatian mortgage market combines state support (SSK), a wide range of offers from banks, and accessibility for foreign buyers, especially from the EU. As a result, potential borrowers can expect rates ranging from 2.9% to 6%, fixed for the entire term of the loan, which is 20 to 30 years.

Source: http://relocation.com.ua/mortgages-in-croatia-overview-of-conditions-and-trends/

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Elevator and dry port planned to be built in Lviv region

An elevator that will be able to store up to 30,000 tons of grain at a time, as well as a dry port, will be built in the Lviv region, according to Maksym Kozytskyi, head of the Lviv Regional Military Administration.

“This is the beginning of a large-scale project that includes hundreds of grain storage facilities throughout Ukraine, a network of dry ports, modern logistics hubs, deep processing plants, bioclusters, new export opportunities, and technological upgrades for the agricultural sector,” he wrote on his Facebook page.

A memorandum of cooperation was signed by the Lviv Regional State Administration, the Lviv Regional Council, the Belz City Council, and AgHoldCo, which, with the support of the UAF Partners investment fund, will finance 80-85% of the project’s cost. The Danish State Export Agency EIFO is also expected to contribute to the financing, thanks to which AgHoldCo intends to secure a $12 million loan for the construction of each elevator.

The contribution of the Belz community is estimated at no less than $3 million for each of the subprojects. This assistance will also include the selection and allocation of land plots, connection of the facility to engineering networks, and tax incentives.

The head of the Lviv Regional State Administration expressed confidence that the construction of the elevator and dry port in the region will provide jobs, help reduce grain transportation costs, and strengthen food security in the Lviv region. In addition, it will be easier for small and medium-sized farms to store grain.

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