Business news from Ukraine

Business news from Ukraine

Ukraine doubled its foreign exchange earnings from rapeseed oil exports thanks to seed duties

Foreign exchange earnings from rapeseed oil exports from Ukraine in the second half of 2025 increased 2.2 times compared to the same period of the previous season, while rapeseed meal revenues increased 1.4 times, according to Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development, citing data from the Ukroliyaprom association.

“The introduction of a 10% export duty on soybeans and rapeseed has allowed Ukraine to increase the production of oil and meal from these raw materials, as well as to increase exports of processed products,” he wrote on Facebook.

According to the association’s data, in July-December 2025, rapeseed processing into oil increased 1.8 times. In the soybean segment, in September-December 2025, oil production increased by 22.4%, exports by 23.3%, and foreign exchange earnings by 1.5 times.

“The processing of soybeans into oil and meal exceeded its exports by 3.7%,” the parliamentarian emphasized.

Ukroliyaprom predicts that in the 2025-2026 marketing year (MY, July-June), rapeseed processing will reach a record 1.7 million tons (over 50% of the gross harvest), and soybeans — 3.0 million tons (over 60%). This will ensure the production of 720,000 tons of rapeseed oil and 600,000 tons of soybean oil.

Kysilevsky emphasized that the processing model proved its effectiveness in the very first season of the duty law, providing billions of hryvnias in taxes. He also recalled the support programs “Made in Ukraine,” in particular, “5-7-9” loans and 25% compensation for the cost of agricultural machinery.

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UK has allocated half bln pounds to Ukraine to strengthen its air defense

British Defense Minister John Gilli announced the allocation of an additional half a billion pounds ($681.4 million) to strengthen Ukraine’s air defense.

According to an Interfax-Ukraine correspondent, Gilley made the announcement ahead of a meeting of NATO defense ministers in Brussels.

“This afternoon, I will confirm that the UK is providing Ukraine with an additional half a billion pounds for urgent air defense.

In this way, the UK is acting as a force for good in the world, building a new agreement on European security within NATO,” he said during a conversation with the media.

Gilley added that he is proud of the UK’s leadership and commitment to its allies.

“We will support you. We will defend you. We will fight alongside you in this new era of threats and brute force,” the minister said.

Gilley also confirmed that the UK will play a central role in NATO’s Arctic security mission, which aims to strengthen security in the region.

Later, the UK government website published a press release on a new aid package for Ukraine to strengthen its air defense. The new £500 million package includes £150 million for NATO’s PURL initiative and an additional 1,000 British-made missiles.

The Minister of Defense confirmed that the UK will provide £150 million for the first time to NATO’s Priority Urgent Requirements List (PURL) initiative, which ensures the rapid delivery of air defense interceptor missiles to protect Ukraine’s skies.

In addition, the UK intends to supply an additional 1,000 Belfast-made Light Multi-Mission Missiles (LMM).

This £390 million deal is based on deepening cooperation between British and Ukrainian industry on the transfer of production and support for Rapid Ranger launchers and command and control vehicles to Ukraine.

The government has announced that in the coming months, the UK will also supply an additional 1,200 air defense missiles and 200,000 artillery shells.

As reported, Defense Minister Gille is co-chairing the 33rd meeting of the Ukraine Defense Contact Group today (February 12, 2026) at NATO headquarters in Brussels.

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House rentals in Ukraine rose by 35% over year, with demand increasing by 18%

The number of requests for long-term house rentals in January 2026 increased by 18% compared to January 2025, while responses for apartments were 4% less than a year earlier, the press service of OLX Real Estate told Interfax-Ukraine.

According to the company, these figures may indicate that Ukrainians prefer to rent houses due to their need for autonomy. At the same time, the level of supply decreased: by 9% in the house segment and by 12% in the apartment segment.

In January 2026, the median price for long-term house rentals across the country increased by 35% compared to January 2025, reaching UAH 35,000.

Compared to January 2025, the record growth rate was recorded in the Mykolaiv region: +81%, to UAH 14,000. In Zaporizhzhia, prices rose by 48% to UAH 10,000, in Kyiv by 28% to UAH 86,300, and in Cherkasy by 25% to UAH 10,000. The median house rental price decreased only in a few regions of western Ukraine, namely in Ivano-Frankivsk region – by 38%, to UAH 10,000, Khmelnytskyi region – by 18%, to UAH 8,250, and Rivne region – by 13%, to UAH 14,000.

Compared to December 2025, the median rental price for houses remained unchanged in most regions, except for Zakarpattia (+5%), Kyiv (+2%) regions, and Kyiv (+7%).

Demand for house rentals in most regions in January 2026 was higher than in January 2025. The number of reviews increased significantly in Zaporizhzhia (+153%), Ivano-Frankivsk (+120%), Kirovohrad (+42%), Zakarpattia (+32%), Rivne (+31%), and Kharkiv (+24%) regions. On the other hand, demand for house rentals fell significantly in Chernihiv (-43%), Mykolaiv (-34%), and Odesa (-16%) regions.

Comparing January 2026 with December 2025, demand in Ukraine increased by 30%. In Kyiv, the number of responses to house rental ads doubled, and in the region, it increased by 40%.

The median price for long-term apartment rentals in Ukraine as a whole in January 2026 was UAH 13,200, which is 10% higher than in January 2025 and 0.1% higher than in December 2025.

The situation is identical across regions: the median cost of renting an apartment is generally higher this year than in January 2025. The most noticeable growth was in the Kharkiv (+26%, to UAH 6,300) and Zakarpattia (+25%, to UAH 21,000) regions. The only decrease was recorded in the Chernihiv region: -7%, to UAH 6.5 thousand.

Comparing January 2026 to December 2025, the median costs remained unchanged across regions, except for the Zakarpattia region, where the price increased by 10%.

There was a noticeable increase in the number of responses to long-term apartment rentals in Zaporizhzhia (+105%) and Kharkiv (+34%) regions.

However, for the most part this year, searchers are less active in responding to apartment rental ads. A decrease in the number of responses was observed in most regions. The most noticeable decrease was in Chernihiv (by 34%), Odesa (by 28%), Mykolaiv (22%), Sumy, and Ternopil regions (by 13%).

In Kyiv and the surrounding region, the decline in demand compared to last year is 10% and 9%, respectively.

In January 2026, compared to December 2025, there was a slight increase in responses in the western region of the country, in Kyiv and the surrounding region – within 5-8%.

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Ukrainian Bacon to hold shareholders’ meeting on February 17

According to Fixygen, Ukrainian Bacon PJSC plans to hold a general meeting of shareholders on February 17, 2026.

As stated in the company’s announcement, the meeting is expected to consider issues related to the company’s activities that are on the agenda.

Ukrainian Bacon PJSC (EDRPOU code 33380539) was registered on December 18, 2008, with a registered capital of UAH 1.0005 million. Its main activity is the production of meat products; its legal address is Vodyane Druhe, Kramatorskyi District, Donetsk Region.

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Promarmatura will pay UAH 5.3 mln in dividends from previous years’ profits

Promarmatura PJSC (Dnipro) will allocate UAH 5,309,888 thousand from undistributed profits for previous years to pay dividends.

According to information from the company in the system of the National Securities and Stock Market Commission (NSSMC), this decision was made at an extraordinary general meeting of shareholders on February 6 this year.

“The undistributed profit received by the company as of the end of 2024 in the amount of UAH 123.082 million shall be distributed as follows: part of the undistributed profit in the amount of UAH 5,309,888 thousand shall be allocated to the payment of dividends to the company’s shareholders; the other part of the undistributed profit shall not be distributed, but shall remain at the disposal of the company for the fulfillment of its statutory purposes,” the company said in a statement.

At the same time, the shareholders decided not to replenish the company’s reserve capital, as it has been formed in full. They also approved the total amount of dividends based on the distribution of undistributed profit received by the company as of the end of 2024, in the amount of UAH 5 million 309,888 thousand, which is the amount of dividends per ordinary share in the amount of UAH 32.

It is specified that the dividend payment period is from February 11 to August 10, 2026. The company will pay dividends in installments on a monthly basis during the dividend payment period, as funds become available or are received. Dividends are paid directly to shareholders to their bank accounts.

As reported, according to the annual report, PJSC Promarmatura reduced its net profit by 3.48 times compared to the previous year to UAH 3.274 million based on the results of its operations in 2024, while net income for this period decreased by 11.8% to UAH 188.732 million. The company’s undistributed profit at the end of 2024 amounted to UAH 128.660 million.

Promarmatura PJSC reported a net profit of UAH 11.407 million for 2023, compared to a net loss of UAH 29.995 million in 2022.

Promarmatura was established in December 1994 and operates in the pipeline fittings market.

According to the NDU for the fourth quarter of 2025, 50% of the PJSC’s shares are owned by two individuals, Ukrainian citizens Igor Mezhebovsky and Alexander Chelyadin.

The company’s authorized capital is UAH 7.218 million.

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Gold price could rise to $6,000 per ounce, analysts say

The price of gold could rise to $6,000 per ounce by the end of 2026, according to David Wilson of BNP Paribas.

As of 3:43 p.m. on Tuesday, April gold futures on the Comex exchange were down 0.1% at $5,075.5 per ounce. BNP’s forecast predicts an increase of approximately 20%.

The precious metal is supported by demand from central banks around the world. In particular, the Polish Central Bank announced in January its intention to purchase another 150 tons of gold. In addition, gold-focused exchange-traded funds (ETFs) are seeing a steady inflow of client funds, Wilson said in an interview with Bloomberg TV.

Earlier, the Experts Club analytical center presented an analysis of the world’s leading gold-producing countries in a video on its YouTube channel — https://youtube.com/shorts/DWbzJ1e2tJc?si=BywddHO-JFWFqUFA

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