Business news from Ukraine

Business news from Ukraine

There are currently over one million firearms listed in Ukraine’s registry of lost and stolen weapons

According to the Ministry of Internal Affairs, 780,465 lost and stolen firearms have been recorded since the start of the full-scale war. Weapons reported missing during the war currently account for 66% of the total entries in the registry. This year, 149,000 new entries were added to the registry—almost as many as in all of 2025. Automatic weapons, hunting rifles, and carbines are the most commonly stolen and lost. Nearly half of the lost and stolen weapons are in Mykolaiv, Kyiv, and Donetsk regions.

780,465 weapons have been lost or stolen in Ukraine since the start of the full-scale invasion. This accounts for 66% of the total number of lost and stolen weapons—1.17 million units.

The highest number of reports of lost weapons appeared in the first year of the full-scale invasion—266,086 units. In 2023, the number of lost and stolen weapons decreased, but starting in 2024, the figure began to rise again. This year is on track to set a record: 149,760 weapons are already listed as missing this year. By comparison, nearly as many losses were recorded over the entire previous year: 179,315 cases.

The registry saw a significant increase in March: as many as 130,000 entries. However, it is worth noting that 60% of these entries pertain to weapons that went missing during the first year of the full-scale conflict (2022). Currently, the registry records two dates: the date of loss/theft and the date of entry into the registry.

Most cases of lost weapons are recorded fairly promptly—within a week of the disappearance: 512,350 cases. At the same time, 173,980 entries are added with a delay of over a year.

Only 4% of entries concern stolen weapons; the vast majority are marked as lost.

Which weapons are most frequently reported missing?

Automatic rifles (252,369 units), hunting shotguns (210,712), and carbines (102,616) are the most commonly lost or stolen. The undisputed “leader” is the AK-74 automatic rifle: every fourth entry in the Registry pertains to this specific model.

One in five cases of lost and stolen weapons occurs in the Mykolaiv region: 169,172 weapons. It is followed by Kyiv (104,864 weapons) and the Donetsk region (86,188).

Together, these three regions account for nearly half of all lost and stolen weapons in the country.

https://opendatabot.ua/analytics/lost-weapon-2026

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Rental prices in Spain hit record high

The average cost of long-term housing rentals in Spain reached a historic high of EUR15 per square meter per month in April 2026, according to the Idealista portal.

According to analysts, rents have risen by 5.2% over the past year. However, the growth rate has been the most moderate since the summer of 2022, indicating a gradual slowdown in the market following several years of sharp rate increases.

Despite the slowdown, the market remains tight. The main reason is the persistent gap between supply and demand. In major cities, tourist regions, and university centers, demand is driven by local renters, foreign workers, students, digital nomads, and short-term rentals. At the same time, new supply is entering the market slowly, and some landlords prefer tourist rentals over long-term contracts.

For tenants, record-high prices mean housing is becoming even less affordable. The problem is particularly acute in Madrid, Barcelona, Valencia, Málaga, and the Balearic and Canary Islands, where rental demand is driven not only by domestic migration but also by foreigners. According to Idealista, rents in Spain rose to EUR15 per square meter in April, though no longer at the double-digit rates seen in previous years.

The migration factor remains one of the key drivers of the market. According to data from Spain’s National Institute of Statistics, as of January 1, 2025, the largest groups of foreigners in the country were citizens of Morocco—968,999 people—Colombia—676,534—and Romania—609,270. Other major groups include immigrants from Venezuela, Italy, China, Peru, the United Kingdom, Ukraine, and other countries.

In 2024, the number of Colombian citizens grew the fastest—by 98,057 people—followed by Venezuelans—by 52,555— and Morocco—by 48,306. At the same time, the number of Ukrainian citizens, according to INE data, decreased by 7,907 people, which may be due to changes in residency status, the relocation of some Ukrainians to other countries, or naturalization.

The influx of foreigners is driving up demand for rentals, particularly in cities with job opportunities, universities, and a developed service sector. In the fourth quarter of 2025, the main groups of new immigrants to Spain were citizens of Colombia, Venezuela, and Morocco.

Investment demand is creating additional pressure on the market. Foreign homebuyers in Spain pay significantly more than locals: in the second half of 2025, non-residents purchased homes at an average of EUR 3,242 per square meter, foreign residents at EUR 1,963, and Spanish citizens at EUR 1,839. This also affects the rental market, as investment purchases are often aimed at renting out the property.

Thus, Spain faces a double challenge: rents have already reached record levels, but a structural supply shortage does not yet allow for a rapid decline in prices. Even a slowdown in annual growth to 5.2% does not signal a market reversal, but rather indicates a shift from sharp price increases to a more stable, though still expensive, level of rents.

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Real GDP percentage changes over previous period in 2024-2025

Real GDP percentage changes over previous period in 2024-2025

Cryptocurrency exchange Coinbase reported net loss in first quarter due to decline in cryptocurrency values

According to Fixygen, Coinbase Global, the operator of the largest cryptocurrency exchange in the U.S., reported a net loss in the first quarter of 2026 due to a decline in the value of its digital currency assets.

According to the company’s press release, the net loss for January–March was $394.1 million, or $1.49 per share, compared to a profit of $65.6 million, or $0.24 per share, for the same period the previous year.

The figure includes a $482.4 million decline in the value of the company’s cryptocurrency holdings.

Coinbase’s quarterly revenue fell to $1.41 billion from $2.03 billion a year earlier. Analysts surveyed by FactSet had forecast revenue of $1.49 billion on average.

The company’s revenue from transaction fees in the past quarter was $755.8 million, compared to a forecast of $805.2 million. Revenue from subscription sales was $583.5 million, instead of the expected $619.3 million.

Coinbase shares fell 4.6% in after-hours trading on Thursday. Since the start of this year, the company’s market capitalization has dropped by nearly 15%, to $52.28 billion.

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Ukrnafta to Utilize Wärtsilä Equipment to Strengthen Energy Resilience

Ukrnafta and Wärtsilä, with the support of the Ministry of Energy of Ukraine and the Naftogaz Group, have launched a collaboration in the field of energy resilience.

During a meeting between First Deputy Prime Minister and Minister of Energy Denys Shmyhal and Petteri Orpo, a framework agreement was signed for the supply of complete equipment for modern gas piston power plants between Ukraine’s largest oil producer, JSC Ukrnafta, and the Finnish leader in energy technology manufacturing, Wärtsilä.

“This is one of the strategic projects aimed at strengthening Ukraine’s energy security amid constant Russian attacks on energy infrastructure. The lengthy negotiation process is achieving its goal,” emphasized Serhiy Koretskyi, Chairman of the Board of NJSC Naftogaz of Ukraine.

The purchase will be financed through preferential loans from the Finnish-Ukrainian Investment Facility (FUIF), guaranteed by the Finnish export credit agency Finnvera.

“The project will provide backup power for the company’s critical units. The surplus of generated electricity will be directed to meet the needs of the population and businesses within the country’s integrated power grid, which has been affected by Russian attacks,” noted Bogdan Kukura, Chairman of the Board of JSC “Ukrnafta.”

Modern, highly flexible gas equipment will enable Ukrnafta to additionally provide balancing services for the electricity market and significantly strengthen energy security in the regions.

JSC “Ukrnafta” is Ukraine’s largest oil production company and operates the country’s largest national network of gas stations—UKRNAFTA. In 2024, the company entered into an asset management agreement with Glusco. In 2025, it finalized a deal with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates nearly 700 gas stations.

The company is implementing a comprehensive program to restore operations and modernize the format of the gas stations in its network. Since February 2023, it has been issuing its own fuel vouchers and “NAFTACard” cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder of “Ukrnafta” is NJSC “Naftogaz of Ukraine,” holding a 50%+1 share stake.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the share of corporate rights in the company that belonged to private owners, which is now managed by the Ministry of Defense.

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Global IT spending in 2026 could exceed $6.3 trln

Global spending on information technology (IT) in 2026 could increase by 13.5% and exceed $6.3 trillion, according to a press release from research firm Gartner.

“This forecast highlights the accelerated growth of AI infrastructure and advanced memory chip technologies,” said John-David Lovelock, a leading analyst at Gartner. “Investments in data centers are growing rapidly, which in turn is driving increased demand for high-performance computing. This dynamic creates significant growth opportunities for companies supplying AI-optimized processors and technologies.”

The most significant growth this year is expected to come from data center spending—up 55.8% to $788 million.

“Sustained demand combined with limited supply has led to record price increases for high-speed memory chips,” notes Lovelock. “This surge makes the memory segment a profitable area for chip manufacturers.”

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