Business news from Ukraine

Business news from Ukraine

Kalina OJSC is convening a shareholders’ meeting on April 17

According to Fixygen, Kalina OJSC will hold its annual general meeting of shareholders on April 17, 2026. For this company based in the Vinnytsia region, this is a routine annual corporate procedure during which shareholders traditionally approve decisions based on the results of the previous year.

Kalina PJSC was registered in September 2000 in Kalynivka, Vinnytsia region. According to Opendatabot, the company specializes in the production of underwear, has a registered capital of UAH 2.68 million, and is headed by Serhiy Lomachevsky.

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“Kolormet” to Hold Meeting on April 9

According to Fixygen, PJSC “Black Sea Enterprise ‘Kolormet’” has scheduled a general meeting of shareholders for April 9, 2026, to be held remotely. The published notice indicates that shareholders will review the supervisory board’s report, approve the 2025 financial results, and will not distribute profits due to the absence of business activity last year.

The company was registered in Odesa in July 1994. According to the registry, the company’s primary activity is the processing of sorted waste, and its authorized capital amounts to UAH 73,800.

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American magazine TIME has released its list of 100 most remarkable places in world for 2026

The American magazine TIME has released its annual ranking, “The World’s Greatest Places of 2026,” which includes 100 locations in various countries around the world—places to visit and stay, selected by the editorial team as the most interesting, relevant, and those offering new experiences to travelers. The ranking was published on March 12 on the magazine’s website.

As TIME notes, the list was compiled based on nominations from the magazine’s international network of correspondents and authors, as well as through an open call for submissions. The selection included hotels, cruises, restaurants, tourist attractions, museums, parks, and other venues that, in the editors’ opinion, offer “new, exciting, and relevant” experiences.

The 2026 ranking features venues from all key regions of the world. Among them are the Songtsam Lodge Cizhong boutique hotel in China, the Oberoi Rajgarh Palace Resort in India, Hotel Plesnik in Slovenia, Blow Up Hall in Poland, Disney Destiny in the Caribbean, as well as a number of new cultural and tourist destinations in Europe, Asia, Africa, the Middle East, and the Americas. No properties from Ukraine made it into this 2026 ranking.

TIME specifically notes that this year’s selection reflects the growth of global tourist traffic. According to the magazine’s data, approximately 1.5 billion tourists traveled abroad in 2025, which is about 4% more than the previous year. Among the destinations that showed particularly strong growth, the publication highlighted Egypt, Brazil, and Bhutan.

Among the examples TIME cited in the accompanying article to the ranking are the Netflix House in Philadelphia, the artificial surf park Surf Abu Dhabi in the UAE, and the new V&A Storehouse East space in London, which allows visitors to get a closer look at museum exhibits. Thus, this year’s list combines not only classic tourist destinations but also new formats of cultural, gastronomic, and entertainment experiences.

TIME publishes its “The World’s Greatest Places” ranking annually as a separate editorial selection of the most interesting travel destinations. The full 2026 list is available on the publication’s website in the “World’s Greatest Places” section.

 

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In 2025, Parallel gas station chain increased its net profit by factor of 7.14—to 166 mln UAH

The Parallel gas station chain (AZK) Parallel reported a net profit of UAH 165,875,000 in 2025, which is 7.14 times higher than the corresponding figure for 2024 (UAH 23,212,000), according to a company statement provided to the Energoreformi online portal by the press service.

According to the report, net profit in 2023 was a loss of 978,000 UAH.

Meanwhile, the company’s revenue in 2025 was 11,179,677 thousand UAH, in 2024 – 8,750,387 thousand UAH, and in 2023 – 4,830,609 thousand UAH. The company forecasts revenue of nearly UAH 13,917,547 thousand for 2026.

Profitability increased from minus 0.02% in 2023 to 0.27% in 2024 and 1.48% in 2025.

At the same time, the company’s assets, as well as its liabilities, decreased. In 2024, assets amounted to nearly 6.8 billion UAH, and in 2025—4.08 billion UAH; liabilities, respectively, were 6.3 billion UAH and 3.5 billion UAH.

For 2025, the company reports more than double the growth in pre-tax wages compared to 2024—21,600 UAH versus 10,100 UAH. The lowest salary in the network was in 2022—approximately 5,000 UAH, which is nearly 2.5 times less than the previous year—11,680 UAH in 2021.

According to the company’s data, 454 people were employed in the network in 2025, and 432 in 2024. Revenue per employee amounted to 24.6 million UAH and 20.25 million UAH, respectively.

As reported, the Parallel gas station chain plans to expand its fuel business by 350 gas stations in 2026 and become one of the top five largest retailers of light petroleum products in Ukraine. According to the network’s owner, Oleksandr Dubinin, Parallel plans to invest approximately 2 billion UAH in the network’s development in 2026, time and market conditions permitting. Prior to this, starting in 2022, approximately 350 million UAH was invested in the network’s reconstruction and development.

In an interview with Forbes Ukraine, Dubinin noted that building new stations from scratch during wartime is impossible due to lengthy bureaucratic procedures, obtaining permits, and land allocation, so the company is considering the acquisition of regional networks.

Before the war, the Parallel network comprised 132 gas stations. As a result of the full-scale invasion, Parallel lost or suspended operations at a significant portion of its facilities. As of July 2025, 76 gas stations were reported to be operational across 8 regions.

Parallel is among the top 10 largest Ukrainian fuel importers.

Alexander Dubinin is listed as the sole owner of the network.

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Vietnam’s real estate market is recovering in 2026 amid rising prices

In 2026, Vietnam’s real estate market is entering a phase of more sustained recovery following a period of correction, though growth no longer appears uniform across all segments. Key drivers remain the new legal framework for the market, the gradual removal of some administrative and financial restrictions, high domestic demand for housing, and sustained interest from foreign investors in specific projects. This is evidenced by data from Vietnam’s Ministry of Construction and assessments by market participants.

According to the Ministry of Construction, in 2025, apartment prices in Hanoi, Ho Chi Minh City, and a number of other major cities rose by 20–30% compared to 2024, and in some locations, growth exceeded 40%. The average primary price of apartments in Hanoi reached approximately $3,846 per square meter, making the capital one of the country’s most expensive markets. Selected market reviews at the end of 2025 also recorded a range of approximately $2,880–3,400 per square meter for new projects in Hanoi, and approximately $2,270–2,650 per square meter for the secondary market.

On the coast, the price picture is more varied. In Da Nang, considered one of the country’s key coastal markets, the average primary price of apartments in the first half of 2025 was around 58 million dong per square meter, equivalent to approximately $2,200–2,300 per square meter, while the secondary market was slightly lower—around $2,000–2,100 per square meter. At the same time, prices were significantly higher in certain premium seaside projects: for example, in Da Nang, at the Sun Symphony Residence project, they reached 115.6 million dong per square meter, or about $4,400–4,500 per square meter, and in Nha Trang, in the Grand Mark project, they were 38–47.2 million dong per square meter, or approximately $1,450–1,820 per square meter.

The overall market outlook remains mixed. On the one hand, the Ministry of Construction and industry experts expect the market to be more active in 2026, with end-consumer demand continuing to drive sales. On the other hand, the government and banks are tightening their approach to speculative lending, and rising mortgage rates and housing costs are limiting affordability, especially in the mass-market segment.

Legislative updates remain a key factor. New provisions of housing legislation took effect in Vietnam in August 2024, and by 2026, the market will already be operating under the new legal framework. For foreigners, this means more clearly defined—but still limited—rules for home ownership. Foreign nationals may purchase housing only in approved commercial projects, cannot own land directly, and the ownership limit for foreigners is up to 30% of apartments in a single building or block and up to 250 individual houses within an administrative unit of comparable level.

This is why the influence of foreigners on the Vietnamese market remains noticeable but not dominant. Local buyers drive the main demand, while foreigners are primarily focused on the premium segment, projects in major cities, and resort real estate. The most attractive locations for foreign buyers remain Ho Chi Minh City, Hanoi, Da Nang, and Nha Trang, where international demand is driven by business activity, tourism, and the expat community.

According to Vietnam News, foreign demand for housing in Hanoi in 2025 has grown significantly following the entry into force of the revised Housing Law 2023, with one contributing factor being the high concentration of foreign workers and businesses. Previously, government and industry sources also indicated that a significant portion of foreign demand in Vietnam is driven by citizens of South Korea, China, Singapore, Russia, and the United States.

However, no open and comprehensive official statistics on homebuyers in Vietnam broken down by nationality for the years 2025–2026 have been found in the public domain. As a result, it is currently impossible to compile a top 10 list of foreign nationalities of homebuyers based on government data. The most specific public data cited by the market pertains to individual projects and cities. In particular, CBRE previously reported that in Ho Chi Minh City, among foreign buyers who transacted through the company, Chinese buyers led with a 31% share, followed by South Koreans with 19%; while this is not nationwide statistics, it illustrates the demand structure in the most liquid segments.

Taking into account more recent market reports and the structure of foreign presence in Vietnam, it can be said that the main groups of foreign homebuyers include citizens of South Korea, China, Singapore, Taiwan, Japan, Hong Kong, the United States, as well as some overseas Vietnamese. Russians are present in the market primarily in resort locations, particularly in Nha Trang, where a significant Russian-speaking community has historically formed. Ukrainians are also among buyers and renters in resort areas; however, their share, like that of Russians, is not officially disclosed in national statistics and, according to available data, remains niche compared to the largest Asian groups.

Thus, Vietnam’s real estate market in 2026 is recovering primarily due to domestic demand, but foreigners continue to play an important role in the most expensive and liquid projects. An additional feature of the current cycle is the sharp gap between the capital and the coast: while in Hanoi the average price of new apartments has already approached $3,850 per square meter, in coastal markets such as Da Nang the average price remains at $2,200–2,300 per square meter, although the best coastal projects are already significantly more expensive.

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Ukraine’s nuclear power plants generated 54.1 bln kWh in 2025—100.8% of target

All three nuclear power plants of NAEK Energoatom located in Ukraine-controlled territory met their targets in 2025 and generated 54.1 billion kWh of electricity, which is 100.8% of the target, the company reported on Wednesday.

“The target was exceeded by 418 million kWh. An increase in electricity production compared to 2024 and a reduction in the duration of the maintenance campaign were recorded. Repair work must continue to be optimized by introducing new technologies,” said Pavlo Kovtonyuk, acting chairman of the board of Energoatom.

In 2025, Energoatom also paid UAH 168.5 billion for special obligations to ensure the availability of electricity for residential consumers (PSO) and transferred over UAH 44.5 billion to the state budget.

As the company added, it supports its employees, particularly specialists from the Zaporizhzhia NPP who were forced to leave their hometown and the plant due to the Russian occupation. Currently, over 2,600 ZNPP nuclear power plant workers are employed at other branches and within the NAEK Directorate.

Currently, Energoatom operates nine power units at the South Ukraine, Rivne, and Khmelnytskyi NPPs with a total capacity of 7,880 MW, located in territory controlled by Ukraine.

The Zaporizhzhia NPP, with six VVER-1000 power units with a total capacity of 6,000 MW, has not been generating electricity since September 11 of that year following its occupation on March 3–4, 2022.

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