Business news from Ukraine

Business news from Ukraine

Bali (Indonesia) Real Estate Market — Rising Prices and Influx of Foreigners

The Bali real estate market is experiencing robust growth in 2026, driven by the recovery of tourism and an increase in the number of foreign residents, particularly digital nomads and investors. The main areas of demand are concentrated in Canggu, Seminyak, Ubud, and Uluwatu. These are the areas that form the premium segment of the market and attract international capital.

Prices for real estate in Bali vary significantly depending on the property type. In the villa segment, prices average between $1,500 and $3,500 per square meter, and higher in premium projects. Ready-to-rent villas are sold in the range of $150,000–500,000 per property and above.

Indonesian law restricts foreign ownership of real estate, so the primary model remains a long-term leasehold for 25–30 years with the option to renew.

Foreigners play a key role in the Bali market. In some locations, they account for 60–70% of all transactions, particularly in the rental villa segment.

The main buyer groups are citizens of Australia, the UK, the US, and European countries. In recent years, the presence of investors from Russia and Ukraine has grown significantly, especially after 2022.

Russians have become one of the most prominent groups in the Bali market, actively investing in villas and the rental business. Ukrainians are also present among investors and renters, driving part of the demand in the remote work and relocation segment.

Thus, Bali is one of the real estate markets in the world most dependent on foreign capital, where price dynamics are directly linked to global population mobility and the trend toward remote work.

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Romania has extended transition period for language certificate until March 2027

The Romanian authorities have extended the transition period for submitting applications to regain Romanian citizenship without the mandatory B1-level Romanian language certificate by one more year.

The transition period itself has been moved from March 15, 2026, to March 15, 2027. Thus, over the next 12 months, applicants under this procedure will still be able to begin the process without providing a language certificate at the application stage.

The requirement to demonstrate proficiency in Romanian at the B1 level was introduced by Law No. 14 of March 12, 2025, and the agency’s leadership initiated steps to postpone its practical implementation.

This does not mean the cancellation of the language requirement itself, but rather an extension of the transition period for another year.

Source: https://relocation.com.ua

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Sambir Instrument-Making Plant “Omega” will hold meeting on April 6

According to Fixygen, PJSC “Sambir Instrument-Making Plant ‘Omega’” will hold a general meeting of shareholders on April 6, 2026. The company remains an active industrial enterprise in the Lviv region and continues to operate in the instrument-making and electrical equipment sector.

According to Opendatabot, the plant was registered in November 1995 in Sambir; its director is Petro Moshumansky, and its primary activity is the production of electrical distribution and control equipment. “Omega” manufactures measuring and control instruments for the nuclear power, metallurgy, gas, oil production, and chemical industries.

 

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Agroton Group Expands Its Land Bank Through Acquisition of Agricultural Enterprise

The Antimonopoly Committee of Ukraine (AMCU) has granted permission to Agroton Public Limited (Nicosia, Cyprus) to acquire control over the agricultural limited liability company (LLC) “Mriya.”

According to the AMCU’s announcement, control will be established through the direct acquisition of shares, ensuring a majority of more than 50% of the votes in the company’s highest governing body. The decision was made following the review of an application dated February 2, 2026 (No. 15-01/215-EKk).

Agroton Public Limited is the holding company of the “Agroton” group—a large, diversified, vertically integrated agricultural producer. The group’s primary beneficiary is Yuriy Zhuravlev.

As reported, in March 2026, the AMCU also granted Agroton Public Limited permission to acquire control over PAOP “Zorya” (Berestynsky District, Kharkiv Region), which previously belonged to American businessman George Ror through LLC “Charivny Svitanok (Agro).” The enterprise specializes in crop farming and dairy farming.

“Agroton” has been operating in the Ukrainian market since 1992 and, prior to the full-scale Russian military invasion, specialized in growing grain and oilseed crops, as well as the production and sale of livestock products. Before the war, Agrotone’s land bank consisted of approximately 110,000 hectares in the Luhansk and Kharkiv regions. The group also owned two poultry farms in the Luhansk region. However, according to the report for the first half of 2024, the area of land leased by the company from private individuals was zero.

In 2022, Agroton reported that representatives of the so-called “LPR” and JSC “Agrokompleks named after M.I. Tkachev” (Russian Federation) “seized” all assets of its parent company, Agroton Public Limited, in the Luhansk region on May 21, 2022. According to the Luhansk Regional Military Administration (RMA), Russian occupiers, with the participation of collaborators, stole 20,000 tons of grain from Agroton’s elevators, harvested 200,000 tons of the 2022 crop from its fields, and transported it to the Russian Federation. In addition, the invaders stole 40 vehicles and transported them to Russia.

Yuriy Zhuravlev, the majority owner and CEO of the Agroton agricultural group, who owned 85.4% of the shares in the parent company Agroton Public Limited (Cyprus) as of mid-2024, purchased an additional 2.09% (453,024 shares of the company) in November 2024, increasing his stake to 87.49%. As the company reported to the Warsaw Stock Exchange, the purchase took place on the over-the-counter market.

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Interpipe NMPS will hold shareholders’ meeting on April 21 and will not distribute its 2025 profits

PJSC “Interpipe Novomoskovsk Pipe Plant” (“Interpipe NMTZ,” Dnipropetrovsk region) reported a net profit for 2025, the amount of which has not yet been disclosed, and does not plan to distribute it.

According to the company’s announcement in the disclosure system of the National Securities and Stock Market Commission (NSSMC) regarding the remote general meeting of shareholders to be held on April 21, the agenda includes determining the company’s main areas of activity for 2026, review the supervisory board’s report and the auditor’s conclusions, and approve the annual financial statements for 2025 and the results of operations for the past year.

Shareholders will also approve the results of the company’s financial and operational activities for 2025 and make a decision regarding the distribution of profits.

In addition, the agenda includes the termination of the powers of the members of the supervisory board and the election of new members.

The draft resolutions, copies of which are available to the Interfax-Ukraine agency, propose defining the implementation of the product sales program and financial performance indicators as the main areas of the company’s activities in 2026. Specifically, the plan calls for shipping products worth UAH 275.524 million and shipping a total of 7,770 metric tons of electric-welded steel pipes. Additionally, the proposals call for establishing cooperation with new suppliers of rolled metal products, increasing the competitiveness of products in key sales markets by expanding the product range, improving quality, reducing production costs, and renewing the certification of the quality management system.

It is also proposed not to distribute the net profit earned in 2025.

As reported, Interpipe NMTZ recorded a consolidated net profit of UAH 111.285 million for the first nine months of 2025, whereas a net loss of UAH 42.472 million was recorded in the same period of 2024. During this period, the plant increased its net revenue by 14.3% to UAH 2,202,863 million. Retained consolidated earnings as of the end of September 2025 amounted to UAH 411,123 million.

“Interpipe NMTZ” ended 2024 with a net loss of UAH 194.831 million, whereas in 2023 it reported a consolidated net profit of UAH 140.327 million.

Interpipe NMTZ specializes in the production of welded pipes for the oil and gas industry, mechanical engineering, construction, and other industrial sectors.

According to the National Securities and Stock Market Commission (NSSMC) data for the fourth quarter of 2025, Interpipe Limited owns 90.8199% of the plant’s shares, and Lindsell Enterprises Limited (registered in Cyprus) owns 6.2918%.

The authorized capital of Interpipe NMTZ PJSC is UAH 50 million, and the par value of a share is UAH 0.25.

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In 2025, Kernel paid 5.7 bln hryvnias in taxes, despite drop in profits

Kernel, one of Ukraine’s largest agricultural holdings and a major taxpayer in the country’s agribusiness sector, paid 5.7 billion UAH in taxes and fees to budgets at all levels in 2025, the company’s press service reported on Thursday.

According to the company’s statement, nearly 2.4 billion UAH went to local budgets, approximately 2.1 billion UAH to the state budget, and 1.2 billion UAH constituted the unified social contribution (USC). In total, since the start of the full-scale invasion, the company has contributed over 19.5 billion UAH to Ukraine’s budgets.

At the same time, according to the company’s financial report, in the first half of fiscal year 2026 (FY, July–December 2025), Kernel reduced its net profit by 33% compared to the same period last year—to $119 million. Consolidated revenue amounted to $1.924 billion, which is 1% less than in the first half of FY 2025, while EBITDA fell by 14% to $247 million.

“The agricultural sector operates under constant pressure from military risks. However, it is important for Kernel to maintain stable payments. Even with declining margins, we continue to provide significant revenue to the budget,” said the company’s CFO, Serhiy Volkov.

The company added that the total losses incurred by enterprises due to Russia’s military aggression over the past year alone are estimated at nearly UAH 135 million. At the same time, since 2022, Kernel has allocated over UAH 4.5 billion to support the Ukrainian Armed Forces and local communities.

Kernel Agricultural Holding is the world’s largest producer and exporter of sunflower oil, Ukraine’s largest grain exporter, an operator of an extensive network of logistics assets, and a leading producer of grain and oilseeds in Ukraine. It is one of the largest producers and sellers of bottled oil in Ukraine. It is engaged in the cultivation and sale of agricultural products.

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