Business news from Ukraine

Business news from Ukraine

On Medical Workers’ Day: How Oxford Medical heals hearts and builds new lives

Medical professionals are extraordinary people because their profession is, above all, a calling that requires tremendous inner strength, endurance, and faith, often physical as well. This is especially true in times of war. On Medical Workers’ Day, we want to share the stories of Oxford Medical doctors, because we felt true courage and humanity in their words. These stories have become a symbol of the resilience of a large family — the largest private medical network in Ukraine.

Everyone who works with patients literally holds the front line of the nation’s health, helping Ukrainians in their most difficult moments, including:

  • doctors,
  • nurses,
  • clinic administrators.

And no matter what their specialty is, more and more often, medical professionals, in addition to their direct duties, are performing a mission that is so necessary right now — providing emotional and psychological support to people.

“If I see that a patient’s problem is not with their heart, but is caused by general stress or chronic fatigue, I will still comfort them and provide psychological support, because words penetrate the soul and ultimately heal,” says cardiologist Natalia Bakhyan.

Right now, it’s tough for everyone, so the doctor thinks that medical workers should stick together and support each other, share their experiences, and give practical advice so they don’t burn out and have the resources to keep treating people.

For its part, the management of Oxford Medical notes that it feels a great responsibility, because the largest private medical network in Ukraine must not only care for patients, but also support those who save lives every day.

“In addition to our main task of providing Ukrainians with access to quality medical care, which requires a team of highly qualified specialists, state-of-the-art equipment, innovative technologies, and high-quality service, we must take care of our employees by creating comfortable working conditions, promoting their professional development, and advancing their careers. And we must provide jobs, especially to medical professionals who have lost the most precious things in their lives — their homeland, their homes, their families, and their medical practices,” says Tetyana Sydorova, director of Oxford Medical clinics in Kyiv.

“I believe in the country and want to be needed here”

Oleksandr Kovchun, head of a structural unit

Oleksandr had everything in Mariupol — respect, achievements, and a high position: he was the medical director of a private clinic. But with the start of the full-scale war, he had to leave his homeland.

“I left the city while it was under siege in April 2022. The humanitarian corridors weren’t working, so I left under fire, taking detours. First, I got to Zaporizhzhia, then Poltava. There, I decided to seek my fortune in the capital. At the end of April, I had an interview at Oxford and have been building a new life ever since,” the doctor recounts.

Part of his family left the country, but Oleksandr made an important decision to stay: “I want to make the most of my knowledge and skills to provide medical care in Ukraine. Oxford Medical welcomed me into their family with open arms. And when I faced serious personal problems, the entire team came to my aid.”

From a gastroenterologist, Oleksandr rose to become the head of a structural unit, and now he is responsible for three units in the network and thousands of patients in Kyiv.

“We lost our home, but I found a new family in my colleagues and patients.”

Anastasia Ivashchenko, general practitioner, family doctor

On February 22, Anastasia and her family left for her parents’ home in the Kherson region and found themselves under occupation just a week later. The family lived without electricity, water, or gas for two months. To escape the occupation, the Ivashchenkos had to walk 12 km to the administrative border of the Dnipropetrovsk region. They eventually settled in Kyiv.

“Leaving my parents and my hometown was extremely painful. The capital greeted us with cold weather, rain, and rockets hitting the Artem factory,” recalls the medic.

At first, Anastasia worked as a “doctor without borders,” traveling around the Kyiv region during blackouts. Then she was invited to work at Oxford Medical: “They took me without any questions, even though I was still working part-time in Kherson. Here I met colleagues who were also displaced persons — from Kherson, Bakhmut, Mariupol, Luhansk, and Donetsk regions. They were kindred spirits because they had gone through the same thing as me.”

Ms. Ivashchenko still maintains close ties with doctors from Kherson and does not abandon her fellow patients in need: “My nurse now lives in Germany. As a reminder of our friendship, I wear a gift she gave me — a brooch in the shape of a phonendoscope. And patients from Kherson still call me for help. I never turn anyone away, even if they don’t have a contract with me. I still give them consultations and advice free of charge.“

”Every day at work is my support”

Marina Malapura, head of the dermatology and cosmetology department

Marina worked as the head of a dermatology and venereology clinic in Bakhmut for 20 years. As a leading specialist who knew her job and could solve any problem, she was valued not only in the city but throughout the Bakhmut district.

However, due to the war, in April 2022, the doctor and her family found themselves in Kyiv. A friend offered her a job at Oxford: “It so happened that I visited the clinic on Wednesday just to get acquainted, and on Thursday I already started working! They welcomed me warmly, helped me quickly integrate into the team and get used to the new structure.“

The doctor admits: ”I fell in love with Oxford with all my heart, and I hope it’s mutual, because the company has given me a lot of trust: after a while, I was offered a similar position — head of department. So, since the fall of 2023, I have been heading a large dermatology and cosmetology department in Podil.”

Marina likes the atmosphere of the network: the attitude of the management and the friendly relations with her colleagues. And she emphasizes another big plus — Oxford always promotes the development of its employees: seminars, lectures, conferences, training — the desire for self-improvement is welcomed here.

“Right now, I am specializing in surgical dermatology. Yes, I work and study a lot, come home late at night, go on business trips — on the one hand, it’s hard, but on the other, it’s inspiring. What’s more, at Oxford, they listen to us! When I became head of the department and we started to actively develop it, the company purchased modern equipment and organized training based on our recommendations. We are trying to create something new, a new space — and the management is very supportive of this,” says the doctor.

Marina has been asked many times why she did not leave the country, since with her specialty she could have found a job anywhere. But in a family of doctors, this option was not even considered: her husband is a dermatologist working in a military hospital, and their children and parents remain in the capital: “We love Ukraine very much and want to live on our land. We hope that at least someday we will be able to see our native Bakhmut. But I am extremely grateful that Kyiv has welcomed us so warmly. It’s as if it was waiting for us to start working here fruitfully. And we have succeeded because we are not standing still, but moving forward. I am proud that at this age, my husband and I are trying to do something meaningful for medicine and for our people.“

”When Bucha and Irpin were occupied, we helped people simply by phone.”

Natalia Bakhyan, cardiologist

Before moving to Kyiv and working at Oxford, Natalia worked for nine years as the head of the cardiology department in Toretsk, where she had the highest category and status of leading cardiologist. However, the decision to leave Donbas had been brewing since 2021, because her city had been in the war zone since 2014 and was constantly under shelling.

With the outbreak of full-scale war, the cardiologist had to move again: she and her family found refuge in Poltava for a while, but she continued to provide medical assistance there: “When we were all scattered across different regions, Oxford came up with a great initiative: to call our patients to find out how they were doing and at least remotely advise them on medications and how to act in emergency situations.”

Sometimes, the doctor would call people sitting in basements in Irpin or Bucha. Some people were feeling ill, so she had to tell them what pills to take, what to use as a sedative, how to lower their blood pressure or calm their arrhythmia: “Everyone thanked us for our support, even if it was from a distance, but it was important to them. And for us too, because we felt needed.“

”The form has changed, but medicine and serving people will always be in our hearts.”

Dmytro Androshchuk, vascular surgeon

Since 2014, Dmytro has been providing assistance to the wounded in the east as part of volunteer formations.

From the first day of the full-scale invasion, as the chief medical officer of the “Hospitaliers” battalion, he led the evacuation of the wounded in the Kyiv region and assisted the Defense Forces. After the situation in the capital stabilized, he performed his duties as a medic in the hottest areas — in Bakhmut and Vuhledar. He later joined the 59th Mobile Hospital of the Armed Forces of Ukraine and worked as a vascular surgeon in the Donetsk region.

For three years now, Dmytro has been saving the lives of his comrades and civilians in a field hospital in one of the most dangerous areas. Even on the front line, he makes every effort to advise patients in need of help.

Whenever he has days off, the doctor finds time to visit his native Oxford Medical in Podil to perform surgery or consult as a vascular surgeon.

“It is important not only to save the patient, but also to give them the opportunity to return to a full life. This is our duty and our respect for the soldiers,” he says.

“Every day, we contribute to the fight against cancer. At the same time, we need to keep our hearts warm and our heads cool so that we don’t burn out and so that past experiences and cases don’t have a negative effect in the future,” the doctor concludes.

Let’s unite and be grateful

We have given just a few examples of how strong our doctors are. So let’s be proud of everyone who saves lives, supports patients, and holds the medical front line day after day.

“Thank you to our team for their dedication and care. Thank you to our patients for their trust. Together, we are a force that heals,“ says the management of the Oxford Medical network.

Cardiologist Natalia Bakhyan explains why the work of doctors is so difficult and exhausting: ”We chose this profession and live it constantly. Even when we close our office and shut down our programs, our thoughts still return to our patients: did I do the right thing, did I understand the situation correctly, did I calculate the dosage correctly, did I choose the right medication? And this work never ends. I may not remember a patient’s name, but I will always remember the diagnosis they came to me with.”

Let’s thank the medical professionals today — the people who selflessly care for our health and lives. They need our words of support now more than ever.

Challenges of rebuilding Kyiv region and housing for IDPs and veterans discussed in Kyiv

On Thursday, the press center of the Interfax-Ukraine news agency hosted a meeting of the Capital Region discussion club on the topic: “Problems of rebuilding the Kyiv region: the specifics of restoring de-occupied territories, eliminating the consequences of destruction, and building housing for IDPs and veterans.”

The event was organized by the My Kyiv Region Information Agency, the Institute of Ukrainian Politics, and the All-Ukrainian Association of Freelance (Public) Inspectors of Architectural and Construction Control as part of a joint project based at the Interfax-Ukraine agency.

The participants of the discussion were Serhiy Vozny, head of the All-Ukrainian Association of Freelance (Public) Inspectors of Architectural and Construction Control, sociologist and founder of the company “Aktiv Group” Andriy Yeremenko, veteran of the Armed Forces of Ukraine, entrepreneur and leader of the Bila Tserkva Volunteer Corps Oleksandr Magdych, director of the regional development department of the Kyiv Regional State Administration Oleg Kravchenko, and deputy director of the Andriy Zasukha Charitable Foundation Vasyl Oleksyuk.

The event was moderated by Oleksiy Usachov, chairman of the board of the Institute of Ukrainian Politics. In his opening remarks, he emphasized that the purpose of the discussion club is not to criticize, but to seek solutions aimed at improving the reconstruction process, and proposed that, based on the results of the meeting, an appeal be drafted to the state authorities with relevant initiatives. In addition, Usachov called on the state leadership, the Armed Forces of Ukraine, and the negotiating teams to include Ukrainian journalist Dmytro Khilyuk, who was kidnapped in the first days of the invasion from the village of Kozarovychi and taken to Russia, on the list for exchange.

According to Oleg Kravchenko, director of the Kyiv Regional State Administration’s development department, more than 75% of the facilities destroyed as a result of the hostilities have already been restored in the Kyiv region.

– “In the Kyiv region, the restoration of damaged facilities is based on the principle of ‘better than it was’.

This is not just about returning to the previous state, but about a new level of comfort, safety, and sustainability—modern materials, energy efficiency, and inclusiveness. In particular, the communities of Borodianka, Bucha, and Slavutych are demonstrating a comprehensive approach to accessibility,” he said.

Serhiy Vozny, head of the NGO, drew attention to problems with law enforcement in the field of reconstruction.

“More than 80% of business entities involved in reconstruction are involved in criminal proceedings. There is an initiative by the Prosecutor General to close cases where there is no crime,” he said.

Ukrainian Armed Forces veteran Oleksandr Magdych stressed the need for changes to land legislation.

“Today, no military serviceman can obtain a land plot. Changes to the land code must be made urgently, because the military who defend the country have the right to land. If this does not happen, people will lose faith,” he said.

Sociologist Andriy Yeremenko pointed to a lack of transparency in the procedures for prioritizing and financing reconstruction.

“We need public accountability, public control, and real community participation. Currently, all achievements are attributed to local authorities despite corruption scandals. Without transparency, there will be no trust,” he said.

In turn, Vasyl Oleksyuk, deputy director of the Andriy Zasukha Charitable Foundation, spoke about a housing project for military personnel that has been implemented.

“Together with FC Kovalevka, we have built an inclusive cottage community for military personnel. Fifty-nine families are already living in comfortable conditions, and most importantly, the houses with land have been transferred to private ownership,” Oleksiuk said.

 

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Serbia brings gold reserves back home

Serbia has decided to repatriate all its gold reserves stored abroad and transfer them to the territory of the country. This is reported by Bloomberg agency, citing sources in financial circles. The total value of assets is estimated at about 6 billion dollars at current market prices.

According to the agency, Serbia will be the first country in Eastern Europe to decide on the full return of physical gold reserves from such traditional depositories as Great Britain, Switzerland and the United States.

The decision comes amid increasing geopolitical instability, inflationary pressures and uncertainty in global markets. Serbian authorities view the physical placement of gold domestically as an additional guarantee of liquidity and sovereignty, especially in case of emergency economic or currency shocks.

As of mid-2025, Serbia’s foreign exchange reserves total approximately EUR 25.3 billion, of which:

– more than 40 tons of gold (equivalent to about EUR 2.7 billion),

– the rest are foreign currency assets, including euros, dollars and SDRs (IMF Special Drawing Rights).

Traditionally, a significant portion of Serbian gold reserves has been held at the Bank of England in London, one of the world’s largest repositories of precious metals. This bank serves more than 30 nations, including the Netherlands, Germany, Hungary and others, which have also undertaken partial gold refunds over the years.

The reasons for the return are explained by several key considerations:

– Guarantee of physical control – in the face of possible international sanctions, geopolitical risks or asset blockages.

– Precedents for blockages – including the UK’s refusal to transfer gold to Venezuela, which heightened anxiety among developing countries.

– Strengthening macro-financial resilience – physical gold domestically is seen as a tool to stabilize national currencies in the event of crises.

Gold repatriation is a global trend in recent years. Such steps have been taken by:

– Germany – returned more than 300 tons of gold from Paris and New York;

– Hungary – tripled its gold reserves and transported them to the country;

– Turkey – repatriated the entire volume of gold from the US in 2018.

Serbia’s decision to return gold to its territory is not only a financially logical move, but also a political signal reflecting the growing role of sovereignty and autonomy in the management of state assets. Against the backdrop of global fragmentation of economic blocs and sanctions risks, even small economies are seeking to minimize external dependence, especially in matters related to key reserves.

https://t.me/relocationrs/1208

 

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Farmers harvested over 10 mln tons of grain from 29% of area

As of July 25, farmers harvested 10.347 million tons of early grains and legumes from an area of 3.236 million hectares, compared to 7.226 million tons from 2.355 million hectares a week earlier, according to the Ministry of Economy, Environment, and Agriculture.

The ministry noted that farmers have already harvested 29% of the area sown with grain and leguminous crops.

According to the Ministry of Economy, 7.088 million tons of wheat have been harvested in Ukraine so far (compared to 4.671 million tons a week earlier) from 2.178 million hectares (1.504 million hectares), barley 2.792 million tons (2.182 million tons) from an area of 838,700 hectares (660,600 hectares), peas – 412,400 tons (362,900 tons) from 190,900 hectares (170,800 hectares). Other cereals and legumes were harvested in the amount of 54.2 thousand tons from an area of 28.5 thousand hectares.

The leaders in grain and legume harvesting are the Odesa region, which harvested 2.5 million tons from 884,500 hectares, Kirovohrad – 1.53 million tons from 368,700 hectares, and Mykolaiv – 1.387 million tons from 577,300 hectares.

Rapeseed has been harvested at 1.04 million tons (614,100 tons) from 535,000 hectares (360,300 hectares).

As reported, as of July 26, 2024, Ukraine had harvested 22.324 million tons of new crops, including 19 million tons of grains and over 3 million tons of oilseeds. At the same time, 14.7 million tons of wheat were harvested from 3.5 thousand hectares, 3.8 million tons of barley from 1.02 thousand hectares, 416,300 tons of peas from 189,800 hectares, 3 million tons of rapeseed from 1,086 hectares, 0.3 thousand tons of soybeans from 0.2 thousand hectares, and 80 tons of millet from 50 hectares.

 

Metinvest to invest UAH 186 mln in healthcare in Kryvyi Rih

Metinvest Group, together with the administration and the Defense Council of Kryvyi Rih, has focused its efforts on major projects to renovate the city’s healthcare facilities, according to a press release citing Igor Toniev, CEO of United Mining and Processing Plant (UMPP).

“The largest project currently being implemented by Metinvest is the overhaul of the buildings of the polyclinic and X-ray department of Kryvyi Rih City Hospital No. 3. The company has allocated almost UAH 125 million for this large-scale work. This month, the overhaul of the main inpatient building of City Hospital No. 7 is scheduled to begin. Metinvest is allocating UAH 61.6 million for the development of project documentation, general construction, roofing, and facade work,” said the top manager.

At a meeting between Metinvest Group management and the head of the City Defense Council, Oleksandr Vilkul, it was noted that the project to overhaul the third hospital began in 2023, with funding from both Kryvyi Rih and Metinvest. Equipment for X-rays and fluorography was purchased with funds from the local budget. Also, the second and third floors of the polyclinic will be renovated at the expense of the city. As part of the project to overhaul the polyclinic of the third hospital, the group undertook the construction work and modernization of the first floor, the X-ray department, and the construction of a shelter for 350 people.

Vilkul stated that the city is actively implementing a large number of projects in the field of medicine. In particular, there is one large-scale project that is starting – the reconstruction of Hospital No. 7, which is the main cluster institution for the northern part of the district, Zhovti Vody, and the surrounding villages. The project involves the renovation of the main inpatient department. The project is being financed from three sources: the city budget, a grant won in a competition organized by the Ministry of Infrastructure (this will be co-financed by the European Investment Bank through the Ministry of Infrastructure), and funds from Metinvest.

“By joining forces, we are implementing a medical project that is important for the community,” Vilkul stated.

Metinvest is a vertically integrated group of mining and metallurgical companies. Its enterprises are located in Ukraine, in the Donetsk, Luhansk, Zaporizhia, and Dnipropetrovsk regions, as well as in the European Union, the United Kingdom, and the United States. The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.

 

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Since 2021, more than 8,600 agricultural companies have appeared in Ukraine

Since 2021, 8,644 agricultural companies have been registered in Ukraine, while 3,416 companies have been closed, according to the Opendatabot service.

According to the resource, agricultural companies were most actively registered in 2021, when 2,678 companies appeared. With the start of the full-scale invasion, the number of registrations dropped to 1,558. However, starting in 2023, the agricultural sector revived: 1,697 new companies appeared in a year. Between January and July 2025, 869 new agricultural enterprises were registered.

Analyzing data on the closure of agricultural enterprises, analysts noted that the largest number of closures occurred in 2021 (1,070 companies) and in 2024 (685). This year, 536 agricultural companies decided to cease operations.

The largest number of new agricultural companies was recorded in the Odesa region — 612. Next are Kyiv (600), Lviv region (597), Vinnytsia (591), and Dnipropetrovsk (535). The fewest were in the frontline regions of Luhansk (40), Donetsk (101), and Zaporizhzhia (147). However, agribusinesses are not very active in Chernivtsi (120) and Zakarpattia (171) regions either.

The largest number of agricultural companies closed in the Odesa region — 606. There were also many closures in the Dnipropetrovsk (225), Khmelnytskyi (201), Kyiv (199), and Mykolaiv (191) regions. The fewest closures were in Luhansk (21), Donetsk (49), Ivano-Frankivsk (49), and Kyiv (55).

Analysts noted that 1,738 agricultural companies relocated to other regions during this period. Of these, 346 agribusinesses moved to western regions of Ukraine over the past five years. Almost half of the relocators who decided to move west chose Lviv region as their new region for doing business — 166 companies. Rivne (54 companies), Volyn (39), Khmelnytskyi (30), and Zakarpattia (19) regions are also popular among businesses changing their registration.

In addition, a number of agricultural companies that have opened during this time are steadily increasing their wealth. The top five newcomers actively expanding their operations include Farmzaat Ukraine, whose revenue grew 3.3 times in 2024 to UAH 770 million; Niva-Plus, which earned 1.5 times more than in 2023, at UAH 530 million; Agroprotekhnika – 2.7 times, to UAH 392 million, Krasnopavlivsky KHP – 1.3 times, to UAH 308 million, and Agrofirma Malynivska – 2.8 times, to UAH 299 million.