Business news from Ukraine

Business news from Ukraine

Ukrainian Chamber of Commerce and Industry and Serbian Chamber of Commerce and Industry invite you to joint business forum

A Ukrainian business delegation will visit Belgrade on May 19–21, 2026, as part of a visit to Serbia by Ukrainian Deputy Prime Minister Taras Kachka, the Ukrainian Chamber of Commerce and Industry announced.

The main business event of the trip will be the Ukrainian-Serbian Business Forum, which is intended to serve as a platform for direct negotiations between companies from both countries, establishing new contacts, and discussing practical areas of economic cooperation.

The Ukrainian Chamber of Commerce and Industry invites companies from the agro-industrial sector, fertilizer production, construction, the electrical engineering industry, agricultural machinery manufacturing, energy, and other sectors to participate.

The mission’s program includes B2B meetings with Serbian companies, visits to enterprises, the search for new partners, and discussions on joint projects.

Registration is open at the following link: https://forms.gle/gkyXVSa2E8vnzQTd8

Contact person: Valeria Zabashta, +380 50 366 4997.

For Ukrainian businesses, Serbia may be of interest not only as a separate market but also as a logistics and manufacturing hub for accessing the Western Balkan countries—North Macedonia, Bosnia and Herzegovina, Montenegro, and other markets in the region.

The most practical areas for cooperation could include the agro-industrial complex, food processing, construction materials, energy equipment, agricultural machinery, electrical products, logistics, and industrial cooperation. The participation of Serbian companies in projects to restore Ukrainian infrastructure, energy systems, and industrial facilities may be of particular interest in the future.

The involvement of the Ukrainian Chamber of Commerce and Industry creates an institutional channel for developing bilateral business contacts, including issues related to certification, finding reliable partners, logistics, B2B communication, and support for joint projects.

The Ukrainian delegation’s visit to Belgrade could be a step toward shifting Ukrainian-Serbian economic relations to a more practical business plane and expanding the presence of Ukrainian businesses in the markets of Southeast Europe.

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Slovakia has opened border crossings with Ukraine

Slovakia has reopened border crossings with Ukraine that had previously been closed due to a massive airstrike on border regions, DennikN reports.

“Border crossings with Ukraine are open again in both directions; according to police, the situation remains calm for now,” the report states.

Border processing resumed at 5:47 p.m. Kyiv time. According to police, the crossings had been temporarily closed on the Ukrainian side.

As previously reported, the Slovak side closed all border checkpoints on the border with Ukraine on Wednesday, according to Slovakia’s Financial Administration.

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Investment firm S1 REIT has begun selling investment certificates for S1 Plaza Poznyaki REIT fund

S1 REIT, an investment firm that manages real estate funds under the REIT model, has begun selling certificates for the S1 Plaza Poznyaki commercial real estate REIT fund, the company’s press office announced.

According to the press release, the initial investment amount is 1,000 UAH, with the option to increase the share by amounts starting at 100 UAH. The projected annual yield is 10.4% in currency.

As previously reported, the National Securities and Stock Market Commission (NSSMC) registered the prospectus and the issuance of investment certificates for the S1 Plaza Poznyaki REIT with a total nominal value of UAH 600 million, each with a nominal value of UAH 100, in a total quantity of 6 million units.

The “S1 Plaza Poznyaki” shopping center, with a total area of 5,000 square meters, is part of a large-scale residential project by developer Standard One. The property is being built in the Darnytskyi district of Kyiv, near the “Poznyaki” metro station and Lake Sribnyi Kol. The complex is designed to accommodate over 750 apartments.

S1 REIT is Ukraine’s first operator of collective investments in income-generating real estate. The company operates under the Real Estate Investment Trust (REIT) model, providing investors with the opportunity to participate in the ownership and receipt of income from profitable properties without direct asset management.

Three funds are available for investment: “S1 VDNH,” S1 Obolon, and “S1 Plaza Poznyaki.” The assets of these funds consist of income-generating real estate based on development projects by Standard One.

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The NBU revoked the license of one financial company and ordered three others to rectify violations

The National Bank of Ukraine (NBU) revoked the operating license of the financial company Vostok Finance LLC and imposed sanctions on Profit Finance LLC, Forward Finance FC LLC, and Growey FC LLC.

According to information on the regulator’s website, Vostok Finance LLC lost its license for factoring and providing funds and bank metals on credit after effectively preventing the regulator from conducting an unscheduled inspection.

In February and March, the National Bank took steps to conduct an inspection of the company; however, the inspection team was not provided with documents or information regarding the subject of the inspection, which made it impossible to carry out the inspection.

As of May 11, 2026, the company is prohibited from providing financial services, entering into new contracts, extending existing ones, or increasing obligations under them; however, the revocation of the license does not exempt it from fulfilling existing contracts.

The basis for imposing this enforcement measure on Profit Finance LLC was the company’s failure to provide, within the established deadlines, information, explanations, documents, or copies thereof at the request of the National Bank.

The company must remedy the violations and bring its activities into compliance with the law by June 2, 2026.

According to the regulator, LLC “FC Forward Finance” and LLC “FC Growway” violated the requirements regarding confirmation of the sources of the increase in authorized capital, as a result of which their activities did not meet the requirements for the provision of financial services.

In this regard, the central bank ordered the companies to rectify the violations and bring their operations into compliance with the law by June 8, 2026.

The decision regarding all four companies was adopted by the Committee on Supervision and Regulation of Non-Bank Financial Services Markets on May 11, 2026.

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Slovakia has closed its border with Ukraine

On Wednesday, the Slovak authorities closed all border checkpoints on the border with Ukraine, according to the Slovak Financial Administration.

“For security reasons, all checkpoints on the border with Ukraine are closed starting today at 3:00 p.m. (4:00 p.m. Kyiv time) until further notice,” the statement said.

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“Ukrprofzdravnitsa” to Pay 13.9 Mln UAH in Dividends for 2025

The Association of Trade Union Health and Wellness Facilities of Ukraine, PJSC “Ukrprofzdravnitsa,” will pay shareholders UAH 13.9 million in dividends by the end of October 2026 based on its 2025 performance.

As reported by the association in the NSSMC’s disclosure system, the list of persons entitled to receive dividends will be compiled on May 26.

According to the report, a total of 61.26% of the net profit earned in 2025 will be allocated to dividend payments. The dividend per share is 0.86 UAH.

The dividend payment period is from May 26 to October 24. If dividends are paid in several installments, the dates for the respective payments will be set monthly, up to the last day of the month, until the final deadline of October 24, 2026.

As reported, based on its 2025 results, PJSC “Ukrprofzdravnitsa” increased its net profit by 55% compared to 2024, reaching UAH 22.7 million.

“Ukrprofzdravnitsa” was founded by the Federation of Trade Unions of Ukraine and the Social Insurance Fund of Ukraine for Temporary Disability. It is the largest association in the country’s health resort services sector, comprising 39 health resorts and eight auxiliary enterprises. It operates 61 mineral water deposits and 13 therapeutic mud deposits.

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