Business news from Ukraine

Business news from Ukraine

Fifth international investment forum will be held in Tashkent

On June 16–19, 2026, the Tashkent International Investment Forum (TIIF-2026) will be held in Tashkent.

The event will be held at the Central Asian Expo (CAEx) and will be the country’s largest economic event aimed at attracting foreign investment and developing strategic partnerships.

More than 3,000 representatives from over 93 countries are expected to attend, including investors, heads of international companies, and experts in sustainable development, innovation, and digital transformation.

The TIIF-2026 program covers a wide range of relevant topics:

  • investment opportunities in Central Asia and emerging markets;
  • accelerating the green transition in the economy, developing renewable energy and green finance;
  • developing infrastructure based on public-private partnerships;
  • digital transformation and the creation of a regional technology hub;
  • scaling up industry;
  • agribusiness and food security;
  • expanding partnerships between Central Asia and the European Union.

For more details on the program and other information, please visit the link.

An investment exhibition will be organized as part of the forum, where large international and local companies will present their projects.

The Embassy of the Republic of Uzbekistan invites interested parties to participate in the forum.

You can register and find out more details at the link.

https://tiif.online/

 

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Biosphere has begun exporting Graff tea to Spain and plans to enter Canadian and European markets

The Tea&Food division of Biosphere Corporation, represented by the Graff and Ritz Barton brands, increased its production and sales by 2.5 times compared to the previous year, according to the company’s press service.

According to the report, sales volume increased from 1.4 million packs in 2024 to 3.5 million packs in 2025. Monthly turnover at the end of the year exceeded UAH 35 million, and the Graff brand entered the top 4 tea brands in Ukraine in terms of sales volume in retail chains. The company’s share of the domestic tea market is estimated at 5%.

“The growth of our tea business was driven by a strong marketing strategy and the development of relationships with major retail chains. The next step in our development is international expansion,” said Andriy Zdesenko, founder and CEO of Biosphere Corporation.

CupSoul CEO Iryna Broslavtseva emphasized the brand’s readiness to compete in foreign markets.

“The quality of our tea has been recognized not only by Ukrainian consumers, but also by numerous awards, including international ones. This proves that we are creating a European-quality product in Ukraine that can be competitive in foreign markets,” the press service quoted Broslavtseva as saying.

CupSoul, which is responsible for the tea division within the corporation, added that at the end of 2025, it began exporting Graff tea to Spain. During 2026, it plans to enter the Canadian market and further expand in Europe, particularly in Germany, Poland, and the Czech Republic, where the trademark has already been registered.

Despite a rocket attack on the production complex in Dnipro in the spring of 2025, which damaged the workshop and destroyed raw material stocks, the company resumed production within a month. Currently, the tea range includes 124 items. Over the past year, the brand has received a number of professional awards, including the Red Dot Award for packaging design and bronze awards at the Effie Awards Ukraine.

Biosphere Corporation is a leading manufacturer and distributor of household and personal hygiene products in Ukraine and one of the leaders in Eastern Europe and Central Asia. Its production facilities consist of six modern factories in Ukraine and two in Europe. Its portfolio of 25 brands includes Freken BOK, Smile, Novita, Lady Cotton, PRO service, Alufix, Vortex, Graff, and others, with about 2,000 SKUs. According to the release, Biosphere products are represented in more than 25 countries and over 100 retail chains, including METRO, Auchan, Spar, Billa, Carrefour, Albert, and Hofer.

The founder and CEO of the corporation is Andriy Zdesenko.

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Works by Ukrainian artist Streliaiev-Nazark become part of Louis Vuitton collection

According to the Interfax-Ukraine Culture project, the works of Ukrainian artist Nazariy Streliaiev-Nazark have become part of the new collection of the French fashion house Louis Vuitton, presented during Fashion Week in Paris, the artist reports on his Instagram page.

“I sincerely thank Nicolas Ghesquière and Florent Buono for their trust and for inviting me to participate in the creation of this collection. It was a real pleasure to see my works through your vision and from a new perspective,” the artist said.

The collection, created by the brand’s creative director Nicolas Ghesquière, uses motifs from the Ukrainian artist’s paintings, in particular elements of the work Paramnesia, written in 2023.

The image from the painting was adapted for the fashion show: on one of the prints, the lamb depicted on the canvas was given boots with the brand’s signature monogram.

Streliaiev-Nazarko was born in Kharkiv and now lives and works in Milan. His work combines elements of symbolism, surrealism, and contemporary painting. The artist’s works have been exhibited in galleries in Europe and the United States.

The collection was presented on March 10 during Paris Fashion Week, one of the world’s key fashion industry events.

Nazariy Streliaev-Nazarko is a Ukrainian artist from Kharkiv who currently lives and works in Milan. His work combines elements of classical European painting, symbolism, and contemporary art. In his works, the artist often addresses themes of memory, myth, and human experience, creating images that combine reality and symbolism. His paintings have been exhibited in galleries across Europe and featured in international art projects.

https://interfax.com.ua/news/culture/1151144.html

 

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Purchase prices for wheat have risen in ports of Greater Odessa – APK-Inform

Prices for wheat in the ports of Greater Odessa (CPT port basis) began to rise this week, according to the information and analytical agency APK-Inform.

According to monitoring data, as of March 11, 2026, traders’ prices for class 2 wheat most often range from 10,600 to 11,000 UAH/ton CPT port, which is 100-150 UAH/ton higher than at the end of the previous week. In dollar terms, demand prices also rose and amounted to $215-225/ton CPT port.

According to analysts, prices were supported by the rise in grain prices on a FOB basis amid increased demand and restrained sales by farmers, as well as the devaluation of the national currency against the dollar.

“Individual export-oriented companies declared lower prices due to the lack of need to urgently form volumes to fulfill previously concluded contracts,” the agency stated.

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Tin imports to Ukraine increased by 18.8%, exports – almost 50 times

In January-February 2026, imports of tin and tin products increased by 18.8% to $727 thousand (in February – $559 thousand).

Exports of tin and tin products in January-February 2026 amounted to $248,000 (in February – $23,000), while in January-February 2025 they amounted to $5,000.

In 2025, imports of tin and tin products increased by 36.5% to $4.352 million.

Exports of tin and tin products amounted to $241,000, compared to $389,000 in the 12 months of 2024.

Tin is mainly used as a safe, non-toxic, corrosion-resistant coating in its pure form or in alloys with other metals. The main industrial applications of tin are in white tinplate (tinned iron) for the manufacture of food containers, in solders for electronics, in domestic piping, in bearing alloys, and in coatings made of tin and its alloys. The most important tin alloy is bronze (with copper).

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Ukrainian Kovlar Group enters Moldovan market, plans to increase exports to this country

Ukrainian manufacturer of passive fire protection systems Kovlar Group is expanding its presence in the Moldovan market and expects to make this direction one of the first stable export channels for its products.

According to the company, it has been supplying fire protection products for engineering communications to Moldova for the past two years. Kovlar Group notes that there is virtually no domestic production of passive fire protection materials on the Moldovan market, so local partners are showing interest in Ukrainian systems.

The company specifies that regular technical meetings are held with Moldovan specialists to introduce the products, during which issues of fire protection system design, national regulatory requirements, and features of material application are discussed. According to preliminary agreements, the Moldovan side plans to purchase a significant part of Ammokote products.

The presence of Ammokote products on the Moldovan market is also confirmed by open specialized resources: in particular, the specialized platform Antikor.md features Ammokote products for fire protection of engineering communications with technical documentation and certificates.

Kovlar Group LLC was founded in 2015 in Kyiv and is the largest manufacturer of passive fire protection products in Ukraine. According to OpenDataBot, the company’s authorized capital is UAH 1.2 million, and its ultimate beneficiaries are Kostyantyn Kalafat (40%), Andrii Ozeychuk (35%), and Liubov Vakhitova (25%). The company’s revenue for 2024 amounted to UAH 91.37 million, which is twice as much as a year earlier, and its net profit was UAH 13.4 million, which is 1.7 times higher than in 2023. In the first quarter of 2025, the company’s revenue amounted to UAH 13.5 million, with a net profit of UAH 1.983 million.

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