The average monthly salary of full-time employees in September 2025 increased by 2.7% compared to August 2025 and amounted to UAH 26,623, according to the State Statistics Service (SSS).
According to the statistics agency, in September 2025, the average monthly salary in education increased by 17.1% to UAH 16,901, in transport, postal, and courier services – by 6.7% to UAH 27,793, in construction – by 6.3%, to UAH 24,456, in the arts, sports, and entertainment sector – by 4.4%, to UAH 19,319, in professional, scientific, and technical activities – by 3.7%, to UAH 35,166, in industry – by 3.5%, to UAH 29,954, in water transport enterprises – by 2.9%, to UAH 25,601, in agriculture – by 2.4%, to UAH 25,727, in other services – by 2%, to UAH 29,577, and in administrative services – also by 2%, to UAH 20,490, in wholesale and retail trade – by 0.4%, to UAH 31,266.
At the same time, there was a decrease in salaries in public administration and defense by 6.4%, to UAH 32,871, in financial and insurance activities – by 3%, to UAH 50,706, in healthcare – by 1.6%, to UAH 18,373, in information and telecommunications by 1.4% to UAH 64,330, in air transport enterprises by 1% to UAH 57,028, in temporary accommodation and catering by 1% to UAH 18,807, and in real estate operations by 0.2% to UAH 23,011.
According to the statistical agency, total wage arrears in September 2025 increased by 4.9% compared to the previous month and amounted to UAH 3.691 billion as of October 1, 2025.
The data does not include territories temporarily occupied by the Russian Federation and parts of territories where hostilities are (were) ongoing.
Elvorti (Kropyvnytskyi), a manufacturer of sowing and soil cultivation equipment, earned nearly UAH 1.5 million in net profit in July-September 2025, compared to a loss of nearly UAH 6.4 million in the same period of 2024.
This result is based on the company’s interim financial report for nine months, published on Wednesday, according to which it increased its loss by 27.8% compared to January-September 2024, to UAH 15.9 million.
Earlier it was reported that in the first half of this year, the loss amounted to UAH 17.5 million (almost three times more than in the same period last year).
According to the report, Elvorti increased its net income by 18.5% in January-September, to UAH 502.8 million.
As reported, in January-June 2025, the company’s net income increased by 27.8% compared to the same period in 2024, to UAH 339 million. Thus, in the third quarter of this year, it increased by 3% to UAH 163.7 million.
According to the report, in the third quarter, the company exported products worth UAH 52.4 million, which accounted for 32% of sales for this period (in the second quarter – UAH 25.1 million). The main export markets are Kazakhstan, Moldova, Bulgaria, Latvia, and Romania.
In July-September, in particular, 115 seeders worth UAH 61.8 million, one cultivator worth UAH 616,000, 91 harrows worth UAH 30.4 million, four sprayers worth UAH 3.5 million, and two construction and road machines worth UAH 5.3 million were manufactured.
The average selling prices of seed drills were UAH 618,200, cultivators – UAH 326,600, harrows – UAH 357,600, and sprayers – UAH 1 million.
The company notes that Elvorti’s range of equipment is in seasonal demand, particularly seed drills and sprayers.
The main buyers of the equipment were, in particular, the Ukrainian companies “Tekhnotorg Don,” “Agro-Resource,” and “Agroprommontazh,” as well as Agropiese TGR Grup (Moldova) and Optikom OOD (Bulgaria).
Elvorti JSC, part of businessman Pavel Shtutman’s Elvorti Group, specializes in the production of sowing and soil cultivation equipment: seeders for sowing grain and row crops, cultivators for continuous and inter-row soil cultivation, and disc harrows for resource-saving soil cultivation.
Last year, the company reduced its losses by more than three times compared to 2023, to UAH 27.6 million, while its net income grew by 16.3% to UAH 570.5 million. This year, it plans to increase its revenue to UAH 712 million and break even.
As of September 30, 2025, the company employed 373 people.
Geographical structure of Ukraine’s foreign trade (imports) in January-May 2025, million usd
Source: Open4Business.com.ua
Spain’s GDP grew by 0.6% in the third quarter of 2025 compared to the previous three months, according to preliminary data from the national statistics agency INE. Economic growth compared to the same period last year was 2.8%.
Analysts had forecast an average increase of 0.6% for the first indicator and 3% for the second.
The pace of growth slowed: in the second quarter, GDP rose by 0.8% quarter-on-quarter and 3.1% year-on-year.
Consumer spending in Spain rose by 1.2% in July-September compared to the previous quarter, business investment by 1.7%, and government spending by 1.1%.
Exports of goods and services fell by 0.6%, while imports rose by 1.1%.
Industrial production rose by 0.5%. The services sector showed an increase of 0.8%, and the construction industry also rose by 0.8%.
http://relocation.com.ua/vvp-ispanii-v-iii-kvartali-zris-lyshe-na-06/
Global commodity prices will decline over the next two years amid slowing global economic growth, increasing oil oversupply, and continuing economic policy uncertainty, according to the World Bank’s Commodity Markets Outlook.
The WB’s commodity price index will decline by 7% in both 2025 and 2026, falling to its lowest level since 2020, according to the organization’s experts.
Despite the decline, commodity prices remain above pre-pandemic levels: the WB’s forecasts for 2025 and 2026 suggest that the price index will be 23% and 14% higher than in 2019, respectively.
“The global oil surplus increased significantly in 2025 and is expected to exceed the 2020 peak by 65% next year,” the review says. WB experts note that global oil demand growth is slowing, particularly due to increased demand for electric and hybrid vehicles.
According to the organization’s forecast, the average price of Brent crude oil this year will be $68 per barrel and will fall to a five-year low of $60 per barrel next year. Overall, global energy prices are expected to decline by 12% in 2025 and 10% in 2026.
The World Bank forecasts a 6.1% decline in food prices this year and a 0.3% decline next year.
The review notes that precious metals have risen to record highs this year due to demand for the most reliable assets and continued purchases by global central banks. The price of gold is expected to rise by 42% in 2025 and by another 5% next year, while silver is expected to rise by 34% and 8%, respectively.
“The commodity price index may decline more than expected during the forecast period if global economic growth remains weak amid trade tensions and economic policy uncertainty. An increase in oil production by OPEC+ countries beyond expected volumes could exacerbate the oversupply in the market and lead to a further decline in prices. The sharp growth in electric vehicle sales expected by 2030 could further reduce demand for oil,” the review says.
On the other hand, geopolitical factors could push up oil and precious metal prices, the World Bank warns. Oil prices could also be higher than baseline projections if the market is affected by additional sanctions.
The European Bank for Reconstruction and Development (EBRD) will provide Lviv Bank with an unsecured loan in UAH for up to EUR 40 million and guarantees for EUR 31.5 million to cover the credit risk of new loans to the Ukrainian bank for a total amount equivalent to EUR 45 million.
According to the EBRD website, the Board of Directors approved the relevant projects at a meeting on October 22 this year.
According to the published materials, the loan will be provided in four equal tranches of EUR 10 million each, of which one tranche is currently reserved. It will consist of two components: at least 75% under the EBRD Resilience and Livelihoods Program and up to 25% under the EU4Business-EBRD Credit Line with incentives to finance long-term capital investments of MSMEs.
Funding under the Resilience and Livelihoods program will be used to provide loans to private MSMEs in Ukraine, including those that have relocated their businesses to the western part of Ukraine due to the ongoing war.
As for the guarantee project, unlike most similar projects with larger banks, it will cover 70% of the risk, not 50% as usual. It is noted that the mechanism will include two sublimits with a covered portfolio: EUR 36 million under the Resilience and Livelihoods Guarantee product and EUR 9 million under the EU4Business-EBRD Incentive Credit Line.
The EBRD indicates that Bank Lviv is a regional bank focused on MSMEs operating in western Ukraine with total assets of EUR333 million (0.5% of the market, 23rd out of 60 banks) and a loan portfolio (mainly to MSMEs) of approximately EUR212 million as of the end of the second quarter of 2025 (1.2% of the market). Bank Lviv has its head office in Lviv and 20 branches.
