Schneider Electric reported a roughly 30% increase in net income attributable to the company’s shareholders to EUR2.49 billion for the first half of 2026, while revenue reached a record EUR21.23 billion.
A year earlier, revenue stood at EUR19.34 billion. Organic sales growth in the first half of 2026 was 14%.
Adjusted EBITA increased to EUR4.09 billion from EUR3.51 billion, representing 22% organic growth. The EBITA margin reached 19.3%.
The company’s free cash flow more than tripled, reaching approximately EUR 1.6 billion.
The second quarter was particularly strong, with Schneider Electric’s revenue reaching a record EUR 11.5 billion, an organic increase of 17%. The Energy Management segment grew by 18%, and Industrial Automation by 11%.
The company cites the data center market as one of the main drivers. Demand for electrical infrastructure for data centers is growing rapidly amid the development of artificial intelligence, which significantly increases computing density, power consumption of server racks, and demands on cooling and backup power systems.
North America posted organic growth of 23%, while China and East Asia saw growth of 20%.
Following a strong first half of the year, Schneider Electric raised its forecast for the full year 2026. The company expects organic adjusted EBITA growth of 14–19%, up from its previous forecast of 10–15%.
Organic revenue growth is projected at 10–13%.
Schneider Electric’s results reflect a broader investment cycle in energy infrastructure. AI data centers require not only servers and graphics processing units (GPUs), but also transformers, distribution equipment, UPS systems, automation systems, cooling systems, and digital energy management solutions.
Thus, energy infrastructure is gradually becoming one of the key constraints on the further scaling of AI.
For Ukraine, this trend is significant in the long-term context of rebuilding digital infrastructure and constructing new data centers. Future facilities will require significantly greater connected power capacity and more complex power distribution architectures than traditional server centers.
Schneider Electric has been operating in Ukraine for over 30 years. Globally, the company is present in more than 100 countries and has approximately 160,000 employees.
Schneider Electric published its financial results for the first half of the year on July 30, 2026.
The nationwide “Person of the Year” program is holding its 30th anniversary season, dedicated to Ukrainians whose professional and public achievements became a notable part of the country’s life in 2025.
Among the season’s laureates will be servicemen and servicewomen of the Defense Forces of Ukraine, doctors, rescuers, energy workers, agricultural workers, volunteers, entrepreneurs, diplomats, scientists, cultural figures and representatives of other fields.
As part of the anniversary season, it is also planned to honor representatives of international diplomacy and present special awards for individual achievements.
The “Person of the Year” program has existed for three decades and honors representatives of various professions and fields of activity for their contribution to the development of Ukraine and society.
The organizers note that after the beginning of the full-scale war, a special place among the laureates is occupied by people whose activities are directly connected with the defense of the country, support for the population, the functioning of critical infrastructure, the economy and Ukraine’s international representation.
“Person of the Year – 2025 is, above all, gratitude to the people who bring victory closer, strengthen the state and shape its future,” the organizers note.
Over 30 years of its existence, the program has formed a significant list of laureates from public administration, business, science, medicine, culture, sports and other fields. The anniversary season continues the tradition of public recognition of people whose work results are important for the country.
Information about the 30th season of the program was published on August 31, 2026.
Open4Business is the official partner of the nationwide “Person of the Year” program.
Dairy products in Ukraine may become 20–25% more expensive due to rising production, processing, and logistics costs, as well as losses incurred by retail chains after losing distribution centers as a result of Russian strikes, according to a forecast by the Association of Milk Producers (AMP).
“Disruptions in supply chains and rising costs of production, processing, and logistics are creating the conditions for higher prices for dairy products in Ukraine,” the statement notes.
According to the association, as of the end of August, the average price of pasteurized milk with a fat content of up to 2.6% in a plastic film package was 50.55 UAH/kg, which is 3.7% higher than a month earlier and 11.2% higher than last year. The price of pasteurized milk in plastic bottles rose by 2.1% over the month, to 68.44 UAH/kg.
The average price of Ukrainian-produced butter with a fat content of 72.5–73% was 591.45 UAH/kg, down 0.1% over the month but still 2% higher than last year. At the same time, the APM does not expect butter prices to fall in early fall: there are fewer low-price offers on the domestic market, and the lower limit of the price range has effectively stabilized.
According to the APM’s assessment, demand for dairy products is weak and is even deteriorating due to low consumer purchasing power, consumers being forced to leave the country, and disrupted supply chains from processing plants to supermarkets as a result of Russian strikes on distribution centers.
“Traditionally, dairy processing plants supplied finished products to a retail chain’s distribution center, and from there, they were delivered by truck to supermarkets. Currently, this chain has been severed,” notes the APM.
According to the association’s forecast, retail chains will attempt to pass on the losses incurred due to the loss of distribution centers to consumers. In the APM’s view, this could lead to a decline in dairy consumption.
As previously reported, in early August, the APM predicted a 5–10% increase in dairy product prices by the end of summer and during the fall and winter. At that time, the association attributed the potential price hike to rising costs for diesel fuel, electricity, packaging materials, and logistics, as well as to exchange rate fluctuations.
Source: https://avm-ua.org/uk/post/cini-na-molocni-produkti-divlatsa-vgoru
Ukraine’s ten largest microfinance organizations reported combined revenue of 12.78 billion hryvnia and earned 1.16 billion hryvnia in net profit for the first half of 2026.
These figures were released by OpenDataBot on September 1.
Ukr Credit Finance, which operates under the CreditKasa brand, generated the highest revenue among MFOs—1.99 billion UAH. It accounted for approximately 16% of the total revenue of the top ten.
Second place in terms of revenue went to FC “Ye Hroshi” with 1.85 billion UAH, and third place went to “Spozhyvchiy Tsentr,” operating under the “ShvidkoHroshi” brand, with 1.52 billion UAH.
Next came “Aventus Ukraine” (CreditPlus) with revenue of 1.42 billion UAH, Miloan with 1.17 billion UAH, MyCredit with 1.08 billion UAH, “Bizpozika” with 1.07 billion UAH, Credit7 with 1.05 billion UAH, Moneyveo with 0.85 billion UAH, and Selfie Credit with 0.78 billion UAH.
In terms of profit, “Spotzhyvchyi Tsentr” took the lead with 361.3 million UAH. This represents about one-third of the combined profit of the ten largest MFIs. “Aventus Ukraine” came in second with 233.4 million UAH, and “Ukr Credit Finance” came in third with 172.6 million UAH.
The sector’s financial indicators are growing rapidly amid rising household debt. As of July 1, 2026, Ukrainians owed MFIs 32.32 billion UAH, which is 17% more than at the beginning of the year.
According to the “Serbian Economist,” as of September 1, 2026, Serbia’s long-term government bonds denominated in dinars have become available to international investors through the Euroclear Bank system, which is expected to simplify global funds’ access to the Serbian debt securities market and increase its liquidity.
The Serbian Ministry of Finance announced this on August 31. At the same time, the National Bank of Serbia announced that Euroclear Bank has become a participant in its RTGS payment system and in the securities settlement system of the Central Registry, Depository, and Clearing House of Serbia.
In the first phase, transactions involving five long-term issues of Serbian government bonds denominated in dinars, which are already in circulation, can be conducted through Euroclear. In the future, the system will also be available for certain new issues of government securities.
International investors can now hold and settle Serbian dinar-denominated bonds through their existing Euroclear accounts, without having to set up a separate infrastructure directly in the Serbian market.
For large investment funds, this significantly reduces operational barriers. Banks, pension and investment funds, insurance companies, and asset management firms that already operate through Euroclear will find it easier to include Serbian dinar-denominated securities in their portfolios.
Serbian Finance Minister Sinisa Mali called the connection to Euroclear an important step toward transitioning from a domestic to an internationally integrated government securities market.
The project to integrate the Serbian market with the international settlement infrastructure has been underway since 2019, with the participation of the Ministry of Finance, the National Bank of Serbia, the Central Securities Register, and international partners.
The country’s credit rating has served as an additional factor in attracting international capital. Back in October 2024, S&P Global Ratings upgraded Serbia’s sovereign rating to investment grade BBB- with a stable outlook for the first time. In July 2026, Fitch maintained Serbia’s rating at BB+ with a positive outlook.
The issuance of dinar-denominated infrastructure bonds through Euroclear also has longer-term significance for Serbia. Expanding the pool of foreign buyers could increase trading volume in the secondary market and help establish a more liquid yield curve in dinars.
Euroclear Bank is one of the largest international clearing and depository institutions, enabling institutional investors to hold and settle securities from various countries through a single infrastructure.
As of July 1, 2026, Ukrainians’ debt to microfinance organizations reached 32.32 billion UAH, an increase of 4.7 billion UAH, or 17%, since the beginning of the year, according to data from the National Bank of Ukraine analyzed by OpenDataBot.
In the first half of the year, Ukrainians entered into 4.196 million loan agreements with MFOs totaling 37.5 billion UAH. At the same time, the number of microloans issued remained virtually unchanged compared to last year—approximately 700,000 agreements were signed each month.
The main change was an increase in the amount borrowers are taking out from MFIs. In the second quarter, the average microloan amount reached 9,170 UAH, compared to about 6,290 UAH a year earlier. Thus, over the course of the year, the average loan amount increased by approximately 46%.
The current trend differs significantly from that seen in the first months of the full-scale war. By the end of 2022, total microloan debt had fallen to approximately 8 billion UAH, but it began to rise again in 2023. The current figure is already more than four times higher than the level at the end of 2022.
The rise in debt is primarily due not to an increase in the number of loans, but to a rise in the average amount per contract. This may indicate both an increase in the population’s need for short-term financing and a general nominal rise in prices and incomes.
At the same time, microloans remain one of the most expensive forms of consumer financing. To assess the actual cost of a loan, consumers should focus not only on the advertised daily rate but also on the real annual percentage rate and the total amount of payments specified in the loan agreement.
The National Bank regulates and supervises financial companies within the non-bank financial services market and publishes their quarterly supervisory statistics.
The primary source of data is the National Bank of Ukraine. This OpenDataBot analysis was published on September 1, 2026.
