Business news from Ukraine

Business news from Ukraine

Portugal supported Ukraine’s energy sector with contribution of EUR600,000

Following a meeting with Portuguese Prime Minister Luís Montenegro, Ukrainian Prime Minister Yulia Svyrydenko announced the country’s first contribution to the Energy Support Fund for Ukraine in the amount of EUR600,000.

“During the meeting, the Prime Minister of Portugal announced the first contribution to the Energy Support Fund for Ukraine in the amount of EUR600,000. We highly appreciate this step by our partners,” the Telegram message said.

The parties also discussed Portugal’s defense support for Ukraine, in particular through the PURL and SAFE mechanisms, as well as the Build in Ukraine and Build with Ukraine initiatives, which have significant potential for developing cooperation, particularly in the field of joint drone production.

In the context of preparations for the next Conference on the Reconstruction of Ukraine, the parties agreed to work on the conclusion of an intergovernmental agreement (G2G) to promote the involvement of Portuguese business and investment in the Ukrainian market.

“I also emphasized to the Prime Minister that Ukraine is grateful to the leaders of the European Union for their decision to provide Ukraine with EUR 90 billion in funding over two years — this is incredibly important assistance for Ukraine,” the Prime Minister stressed.

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Sweden increases budget support for Ukraine to $200 mln

Sweden has announced that it will provide Ukraine with $200 million in direct budget support in 2026 to help meet the daily needs of citizens in the midst of the war, Ukrainian Foreign Minister Andriy Sybiga said.

“This funding will meet the daily needs of people in the midst of war, including critical public services, energy supplies, healthcare, schools, pensions, and other payments. We are deeply grateful to Sweden for its determination, support, and unwavering solidarity,” Sibiga said in a post on social media on Saturday.

According to him, Sweden has shown leadership from the very beginning: in August, it became the first country to provide Ukraine with $75 million in direct budget support, and now it is reinforcing that leadership with an additional contribution.

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Top 10 global arms manufacturers in 2024 according to SIPRI

According to SIPRI, the top ten companies (in terms of revenue from arms sales and military services) in 2024 are as follows:

1. Lockheed Martin (USA) – $64.65 billion (+3.2% compared to 2023)

2. RTX Corporation (USA) – $43.6 billion (+4.1%)

3. Northrop Grumman (USA) – $37.85 billion (+3.3%)

4. BAE Systems (UK) – $33.79 billion (+6.9%)

5. General Dynamics (USA) – $33.63 billion (+8.1%)

6. Boeing (USA) – $30.55 billion (-4.6%)

7. Rostec (Russia) – $27.12 billion (+26%)

8. AVIC (China) – $20.32 billion (–1.3%)

9. CETC (China) – $18.92 billion (–10%)

10. L3Harris Technologies (USA) – $16.21 billion (+6.6%)

Together, these ten corporations account for the lion’s share of global defense industry revenue and set the technological and manufacturing bar for other players.

SIPRI (Stockholm International Peace Research Institute) is an independent international research institute working in the field of conflict, armaments, arms control, and disarmament. The institute was established in 1966 by a decision of the Swedish Parliament and operates as an independent foundation with headquarters in Stockholm (Solna).

SIPRI publishes data, analysis, and recommendations based on open sources, which are widely used by governments, international organizations, researchers, and the media. The organizational structure includes

SIPRI’s funding includes an annual grant from the Swedish government and funds from other organizations; the institute emphasizes that it does not accept funding that could influence the independence of its research and discloses its sources of support.

Among SIPRI’s most cited products are the SIPRI Yearbook and open databases, including those on international transfers of major conventional weapons (since 1950) and on military expenditures of countries worldwide (time series since 1949, updated annually).

Source: https://expertsclub.eu/top-10-svitovyh-vyrobnykiv-ozbroyen-u-2024-roczi-za-versiyeyu-sipri/

 

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Plans to build radioactive waste storage facility near border with Bosnia

According to Serbian Economist, the Croatian parliament has approved a law paving the way for the construction of a radioactive waste management center at the Čerkezovac site on Trgovska Gora Mountain in Sisak-Moslavina County, less than a kilometer from the border with Bosnia and Herzegovina.

According to the law, the Čerkezovac site will become the central facility for storing low- and medium-level waste from the Slovenian-Croatian Krško Nuclear Power Plant, as well as so-called “institutional” radioactive waste from Croatian hospitals and industry. The site is located approximately 800 m in a straight line from the BiH border and about 1 km from the water intake of the Novi Grad community, which supplies drinking water to about 15,000 people.

The adopted act creates a regulatory framework for the design and construction of the facility and establishes Čerkizovac as a priority location for a waste management center. Geological surveys, seismic risk assessments, and measurements of the “zero” radiation background have already been carried out at the site, as reported by the Croatian side in documents sent to international organizations.

A surface storage facility is planned to operate until the 2090s, after which the waste will be transferred to a deep geological repository.

Strong reaction from Bosnia and Herzegovina

Zagreb’s decision has been strongly criticized by politicians and environmental activists in Bosnia and Herzegovina. The country’s authorities had previously set up interdepartmental expert and legal groups to follow up on the issue at international forums and insist that the facility poses a risk to the Una River, border communities, and drinking water supplies.

Political parties and authorities in BiH consider the law to be a violation of the principles of good neighborliness and are demanding that Croatia reconsider its decision or seek an alternative site, citing, among other things, the Espoo Convention on Environmental Impact Assessment in a Transboundary Context.

The Croatian side, in turn, states that the environmental impact assessment procedure will include the participation of the public and the competent authorities of BiH.

https://t.me/relocationrs/1977

 

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Over 326,000 Ukrainians legally reside in Spain

According to data from the Permanent Immigration Monitoring Center (OPI) under the Spanish Ministry of Social Policy and Migration, as of September 30, 2025, 7,426,481 foreign citizens had valid residence permits in the country. This is 4.5% more than a year earlier.

Of this number, 54% (about 4 million people) are citizens of EU, EFTA, and UK countries who have an EU citizen registration certificate or a TIE foreigner card under the UK’s withdrawal agreement from the EU. The most numerous nationalities in this group are Romanians, Italians, and British: they account for 51% of all European residents.

The Ukrainian community stands out as a separate block in the statistics. According to data based on official statistics from the Spanish Ministry of Social Policy and Migration, as of September 2025, more than 326,000 Ukrainian citizens have a valid residence permit in the country. A significant portion of this number are people who received protection under the EU Temporary Protection Directive, introduced after the full-scale invasion of Ukraine by the Russian Federation in February 2022.

The growth of the Ukrainian diaspora was particularly sharp in 2022–2023, but slowed significantly in 2024–2025: while the annual increase at the height of the war was measured in triple digits, by the fall of 2025 it had fallen to single digits.

After Brexit, the British remain one of the three largest European communities in Spain, alongside the Romanians and Italians. The official OPI report does not provide the exact number of British citizens in its public summary, but emphasizes that these three nationalities account for more than half of all residents from the EU/EFTA and the UK.

A characteristic detail is the age profile of the British diaspora. The average age of British residents is significantly higher than the average among foreigners and is around 57, reflecting Spain’s popularity as a country for retirees and a “second home” for British citizens.

Thus, by the end of 2025, Spain will remain one of the key EU countries in terms of the number of permanent foreign residents, and the structure of migration will gradually shift: European communities will continue to dominate, but citizens of Ukraine and Latin American countries will play an increasingly important role.

http://relocation.com.ua/more-than-326000-ukrainian-citizens-have-a-valid-residence-permit-in-spain/

 

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Agrofirma Troyan will hold extraordinary shareholders’ meeting on December 30

Agrofirma Troyan (Kyiv) has announced that it will hold an extraordinary general meeting of shareholders remotely (by poll).

According to a statement in the regulated information disclosure system, voting will take place by submitting ballots to the depositary institution: the start of ballot acceptance is December 22, 2025 (11:00 a.m.), and the end of registration and voting is December 30, 2025 (6:00 p.m.).

The agenda of the meeting includes, in particular, the election of a counting commission, amendments to the charter and approval of the new version of the charter, as well as approval of the property rights purchase and sale agreement (taking into account the amendments) concluded by the company with Akroninvest LLC.

The company also reported that the previously submitted notice of the meeting, posted on December 11, was withdrawn due to technical errors, after which a corrected notice was published in the information disclosure system.

PJSC Agrofirma Troyan (EGRPOU code 03359658) was registered on September 20, 2001, in Kyiv, with a charter capital of UAH 53.03 million. The head of the company is Petro Vakulchuk. The main activity according to the Classification of Economic Activities is the organization of building construction; other activities include real estate transactions and construction. According to the registers, the ultimate beneficial owner is Vasyl Khmelnytsky.

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