Business news from Ukraine

Business news from Ukraine

5th Ukrainian Construction Congress will take place on November 21 in Kyiv

On November 21, the 5th Ukrainian Construction Congress, organized by the DMNTR media group, will take place in Kyiv. The event will take place at the Parkovy Conference and Exhibition Center (16A Parkova Road, 3rd floor) from 9:00 a.m. to 10:00 p.m.

According to the organizers, more than 6,000 guests and over 100 media representatives from Ukraine are expected to attend.

Theme and key areas

The main theme of the congress is “The Evolution of the Developer. Driving Factors.” The program of the event includes the following sections:

The Evolution of the Developer: Me, You, and Society;

– Competitive Advantages and Changes in Market Requirements;

– Resource Potential of Developers;

– Reputation as a strategic asset;

– Real estate market outlook for 2026;

– Leadership qualities in the construction industry.

Purpose and audience

The congress is aimed at developers, construction companies, architects, investors, government officials, and representatives of medium and large businesses.

“The event will allow participants to exchange experiences, discuss industry trends, and form strategic conclusions for 2026,” the organizers note.

Partners and media support

The event’s partners include leading companies in the construction sector: Kreator-Bud, Intergalbud, RIEL, Vlasne Misto, A Development, Saga Development, Zezman, DIM Group, METINVEST, UDP, Avalon, ODA Development, Sensar Development, Blago, Taryan Group, Stolitsa Group, Gefest, and others.

Interfax-Ukraine, FOCUS, LUN, and Delo are the information partners of the congress.

Additional information

The organizers offer the opportunity to participate as a VIP guest, speaker, or partner. Details are available on the official website ubc-ua.info or by phone at 044 461 91 28, email: info@dom-i.kiev.ua

The general partner of the event is Kreator-Bud.

Photos from the previous IV Ukrainian Construction Congress, which took place on June 4, 2025, are available at: https://photos.app.goo.gl/sBQ47QezCh8bM7DZ9

Interfax-Ukraine is the information partner

In Uzbekistan, starting in 2026, private clinics will receive new benefits and $200 mln loan

On November 10, the President of Uzbekistan met with medical and pharmaceutical workers, congratulating them on their professional holiday, Medical Workers’ Day.

Over the past five years, approximately $624,000 has been allocated to specialized medical centers, and thousands of pieces of modern equipment have been purchased. At the same time, the efficiency of its use is only 25%. The president emphasized the need to prioritize the development of digitalization, the modernization of clinical protocols, the introduction of advanced diagnostics and prevention, as well as the formation of professional teams in the regions.

Now, the directors of 26 specialized centers, heads of regional and district health care systems, and heads of family clinics will work according to monthly plans, visit problem areas and mahallas, analyze the causes of morbidity, propose solutions, and train local doctors. Daily meetings with healthcare managers will be held at the mahalla level, and each manager will be required to ensure attentive and prompt treatment of patients.

Starting in the new year, the procedure for appointing heads of medical institutions will change: the positions of director and chief physician will be separated, and entrepreneurs with management training and proven results will be eligible for leadership positions.

The incentive system will also be modernized: the best managers will be awarded titles, orders, medals, and cash bonuses of up to $2,497, and $41,000 will be allocated to improve the infrastructure of institutions. The best specialists will be sent abroad for training.

The development of medical education continues: faculties of general medicine are being opened, and residency and master’s programs in family medicine are being launched. Students will study free of charge and work as doctors at the same time, receiving a 150% salary bonus upon completion of their studies. Support for nurses has been strengthened: a Higher Academy of Professional Medicine is being created, quotas for higher nursing education are being doubled, and from 2027, the annual increase will be at least 20%, and nurses with higher education will receive a 100% salary bonus.

A new system of continuous professional development is being created, including distance learning, AI-based simulator training, and independent learning in the workplace. To this end, a Center for Continuing Professional Medical Education will be established.

The president noted that the private sector already provides about 30% of medical services, and the state is ready to expand public-private partnerships. Tax breaks on the import of equipment and ambulances will be extended for three years, part of the VAT will be refunded to private medical organizations, and entrepreneurs will be provided with a preferential credit line of $200 million to create modern multidisciplinary clinics.

In conclusion, the Head of State emphasized the importance of professionalism and dedication of medical workers, instructed to continue reforms, improve the quality of services, and introduce modern technologies, noting that this will make Uzbekistan’s healthcare system accessible and effective for all citizens.

More

, , ,

“Ukrstal Construction is interested in entering Bulgarian market

PJSC “Ukrstal Construction” (Kiev) is interested in becoming a participant of infrastructure projects in Bulgaria, the company’s management said during a working meeting with the Deputy Minister of Economy and Industry of the Republic of Bulgaria Doncho Barbalov within the framework of a visit to this country as part of the Ukrainian business delegation.

According to the press release, Barbalov emphasized that Ukraine is an important economic partner of Bulgaria and that the Bulgarian Ministry of Economy and Industry attaches great importance to the development of bilateral economic relations, seeking to expand them.

The participants of the meeting discussed the prospects of investment cooperation, industrial clusters and industrial zones in Bulgaria, paid attention to practical aspects of cooperation within the framework of the North-South transport corridor and the possibility of municipal investment programs. At the same time, representatives of Ukrstal demonstrated to the Bulgarian management and representatives of Bulgarian business its production capacities and its own realized projects in metallurgical, energy, oil and gas industries, infrastructure and commercial construction, construction of logistics hubs, told about the achievements and the possibility of further expansion of its own industrial parks on the basis of our plants.

“The leaders of ”Ukrstal Construction“ expressed great interest and willingness to become reliable and experienced partners of construction, energy, industrial and logistics companies in Bulgaria in the creation of transport and logistics corridors, the implementation of infrastructure facilities – bridges, terminals, airports, modernization of energy, the introduction of innovative technologies, in commercial construction,” – stated in a press release.

The Deputy Minister of Economy expressed hope that as a result of the delegation’s visit to Bulgaria concrete projects will be realized, and the Ministry of Economy and Industry will remain available to provide assistance within its competences.

As part of the program of visits on November 12-18, working meetings of the company’s management were also held in the National Assembly (Parliament) of the Republic of Bulgaria, in the Ministry of Transport and Communications, the Ministry of Energy, the Chamber of Commerce and Industry, with the municipality and the management of the Port of Burgas.

Investment opportunities, state incentives and presentation of Ukrainian initiatives, creation of industrial parks and hubs were the main topics of meetings with the Agency for Management of Industrial Zones in Bulgaria and with the Bulgarian Investment Agency, the press release said.

PJSC “Ukrstal Construction” (Kiev) is the managing company of a group of plants, including metal construction plants “Ukrstal Dnipro”, “Ukrstal Zhytomyr”, “Ukrstal Zaporizhzhya” and experimental-mechanical plant “Metalist”. The main type of economic activity is production of building metal structures and parts of structures.

According to NDU data for the third quarter of 2025, JSC “Closed non-diversified venture corporate investment fund ‘Rift’ owns 99.6116% of shares of PJSC ”Ukrstal Construction”. The ultimate beneficiary (controller) of the fund is listed as Vitaliy Haiduk.

 

,

Developer Standard One has announced launch of new investment and residential project in Kyiv

Developer Standard One has announced the launch of a new investment and residential project in Kyiv, an apartment building on the left bank of the Dnipro River called S1 Poznyaki, with 756 apartments, according to the company’s press service.

“S1 Poznyaki is our new and largest project to date. We are expanding our network of apartment buildings and entering a new scale in Kyiv,” said Standard One Commercial Director Nadiya Rybakova, whose words are quoted in the press release.

She noted that the project is based on the build-to-rent model, which has been operating for many years in the first building of the network, S1 VDNG. The building is designed with a focus on liquidity. Most of the apartments are compact studios, which are in high demand on the rental market.

The projected profitability of the project is 8-12% per annum in dollars, and the capitalization potential during the 2-3 years of construction is up to 40% in currency.

The S1 Poznyaki complex is located in the Poznyaki microdistrict of the Darnytskyi district of Kyiv. The building has 24 floors: the first two floors will have 7,000 square meters of commercial space, and floors 3 to 24 will have 756 apartments for rent. About 80% of the apartments are one-room apartments, mainly studios with an area of 35 square meters.

The apartments are being built with white box renovations and will be ready for furnishing and rental after the keys are handed over. All operational obligations are assumed by the internal income property management company S1 Property, such as cleaning, repairs, installation of equipment, search for tenants, signing of contracts, monitoring of the condition of the apartments, and administration. Everything works through a single service.

The building will have a generator to provide electricity if necessary and its own roof boiler room to provide water and heat. During a blackout, in particular, the building will remain completely autonomous for two days. Guest parking for 360 cars is provided. The complex is equipped with a shelter and an access control and video surveillance system, as well as physical security.

The nearest metro station, Poznyaki, is a 2-3 minute walk away, and nearby is Lake Sribny Kol with walking areas, a park, a promenade, and sports grounds. Within a few minutes’ radius are schools, kindergartens, supermarkets, cafes, and all the necessary infrastructure for a comfortable life.

The lobby, with an area of about 500 square meters, features a coworking space, lounge areas, and its own cinema space. Several community spaces have been created, and there is a gym, as well as spaces for fitness, Pilates, yoga, and TRX. A laundry room is available for everyday needs.

Commercial premises are allocated for a supermarket, coffee shop, pizzeria, pharmacy, dental clinic, and office space.

Standard One (S1) is a full-cycle development company that has been developing the build-to-rent real estate segment in Kyiv since 2016. Its portfolio includes the completed S1 VDNG project and the new S1 Obolon, S1 Terminal, S1 Nyvky, and S1 Poznyaki buildings.

, ,

Central Asian countries to create joint brand “Made in Central Asia”

On November 13, 2025, the first meeting of the Council of Ministers of Trade and Investment of Central Asian countries and Azerbaijan was held in Tashkent.

The event was aimed at strengthening practical cooperation between the countries of the region in the areas of trade, investment, and industrial cooperation, as well as implementing joint initiatives to increase mutual trade and create cooperative production facilities.

Particular attention was paid to the creation of working tools to increase trade turnover between the countries of the region to $20 billion, the formation of joint production sites under the “Made in Central Asia” brand, as well as the involvement of international financial institutions and large investors in the implementation of joint infrastructure and industrial projects.

It was noted that mutual trade between Uzbekistan and the countries of Central Asia is showing steady positive dynamics. While trade turnover amounted to $3.2 billion in 2017, by 2024 it had more than doubled, reaching $6.9 billion. In particular, trade turnover with Kazakhstan is approaching $4 billion, with Kyrgyzstan — $700 million, with Tajikistan — exceeding $570 million, and with Turkmenistan — more than doubling over the past five years to $1.15 billion. Trade with Azerbaijan has also shown significant growth, up 13% since the beginning of the year.

During the meeting, the need for further optimization of customs and border procedures, synchronization of transport and logistics infrastructure, and the creation of industrial hubs capable of uniting the production chains of the countries in the region was also emphasized. Particular attention was paid to issues of industrial cooperation, joint development of raw material and technological potential, and the development of exports of finished products with high added value.

Following the meeting, a joint communiqué was signed, setting out key agreements on deepening economic cooperation, developing cooperation and joint production, and creating new mechanisms for investment interaction.

More

, ,

Ukraine has announced competition to select candidates for supervisory board of Energoatom

The Cabinet of Ministers has announced a competition for candidates for the positions of independent members of the supervisory board of NAEK Energoatom, according to the Ministry of Economy, Environment, and Agriculture.

“The competition for candidates for the supervisory board of Energoatom announced today is unscheduled. On November 11, 2025, the Cabinet of Ministers terminated the powers of the supervisory board ahead of schedule. At the time of this decision, there were two independent members on the board, and the competitive selection of independent candidates for two more vacant positions was ongoing. The new competition will allow the positions that became vacant due to the early termination of the supervisory board to be filled,” the ministry said in a statement on its website.

The relevant order was adopted at a government meeting on Tuesday.

In addition, by protocol decision, the government instructed the Ministry of Economy to submit to the Committee for the Appointment of Heads of Enterprises of Particular Importance to the Economy proposals for candidates for state representatives to the Supervisory Board of Energoatom.

As noted on his Facebook page by the head of the Ministry of Economy, Alexei Sobolev, the ministry will soon submit to this Committee the candidacies of state representatives to form the full composition of the supervisory board of Energoatom.

Earlier, with reference to Prime Minister Yulia Sviridenko, it was reported that on Tuesday, November 18, the government decided to announce a competition for positions on the supervisory board of Naftogaz of Ukraine (four independent members – ER).

“The contracts of the current members expire in January. Accordingly, we are launching the competition now in order to approve the new composition of the supervisory body in a timely manner and ensure the continuity of its work. We expect the new composition of the Naftogaz supervisory board to be formed by January 20, 2026,” Sviridenko wrote on Telegram.

On August 15, 2025, the Cabinet of Ministers amended the charter of Energoatom, increasing the number of members of the supervisory board from five to seven. Before its dissolution on November 11, following the publicity surrounding the Midas case, the company’s supervisory board consisted of four people: its chairman, Jarek Niewierowicz, and deputy chairman, Michael Elliott Kirst, as well as state representatives Timofey Milovanov and Vitaly Petruk. The third independent member of the supervisory board, Timothy Stone, refused to sign the contract.

On September 15, the government announced a competition to select two independent members of the Energoatom supervisory board by order No. 983-r.

, , ,