Business news from Ukraine

Business news from Ukraine

NBU is preparing to liberalize currency market, but cautiously

The National Bank continues to prepare for the gradual liberalization of the currency market, but such steps will be as cautious and consistent as possible. This was stated by First Deputy Head of the NBU Serhiy

Mykolaychuk in an interview with the Interfax-Ukraine news agency.

He stressed that no sudden moves should be expected: “Our goal is to maintain confidence in the hryvnia and prevent destabilization. Liberalization will depend on macroeconomic conditions and the stability of the balance of payments.”

Shuvar will allocate UAH 5.6 mln for dividends based on results of 2024

Shuvar Agricultural Products Market LLC (Shuvar, Lviv) will pay shareholders UAH 5.6 million in dividends based on its performance in 2024 and will pay them out by October 31, 2025.

As reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the relevant decision was made by the general meeting of the company’s participants at a meeting on September 1 of this year.

According to the minutes of the general meeting, dividends will be paid to persons who were members of the company on the date of the decision to pay dividends, in proportion to the size of their shares, on a monthly basis, starting in September 2025 and ending in October 2025. The total amount in September 2025, which is subject to accrual and payment to LLC participants, is UAH 2.8 million. The same amount will be paid to them in October this year.

Shuvar is the largest wholesale market for agricultural products in Lviv and Western Ukraine. The total area of the market is over 20 hectares. It is a member of the World Organization of Wholesale Markets. During the year, an average of 1.3 million cars visit the market. The market is part of the Shuvar group of companies, which is managed by Shuvar LLC.

According to data from Opendatabot, in 2024, Shuvar reduced its revenue by 5.6% to UAH 277.29 million and increased its net profit by 13.2% to UAH 91.23 million. Its debt obligations increased 2.6 times to UAH 143.92 million, assets increased by 25.8% to UAH 785.19 million, and the number of employees increased by 7 to 135.

 

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Ukrzaliznytsia carried over 8 mln passengers in summer, 1.6% more than last year

During the summer of 2025, Ukrzaliznytsia (UZ) transported 1.6% more passengers than last summer – 8.07 million, with the number of passengers transported in August reaching 2 million 845 thousand people.

According to the company’s Facebook post on Monday, twice as many military personnel and their families were transported through the special reserve – 130,600.

During the summer of 2025, 1.6 times more children’s groups were also transported: 328,000 children with their parents on group applications and 16,243 children with their parents traveled in children’s cars.

“From June to August, Ukrzaliznytsia transported 3,895 passengers to safety from Sumy, Kherson, Dnipropetrovsk, Donetsk, and Zaporizhzhia regions,” Ukrzaliznytsia added.

The company emphasized that despite all the challenges this summer—a critical shortage of cars lost due to shelling and natural aging, a surge in demand during the peak summer season — 39 additional trains and groups of carriages were assigned, which allowed for the transportation of an additional 627,000 passengers and reduced the load on regular routes.

Earlier, Ukrzaliznytsia transported 639,700 passengers between August 18 and 24, which is 0.8% less than a week ago. According to statistics, the total volume of transportation still remained higher than last year: during the reporting week, the excess was 3.9%, or 23,700 passengers. The average number of passengers carried per car from August 18 to 24 was 467, which is 6.4% more than in the same period in 2024.

As reported, in the first half of 2025, Ukrzaliznytsia increased passenger traffic by 1.2% compared to the first half of 2024, to 13.52 million. This is 23% more than in January-June 2023, as previously reported by Ukrzaliznytsia CEO Oleksandr Pertsovskyi on Facebook.

 

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NBU opposes inclusion of cryptoassets in international reserves

The National Bank of Ukraine does not support the initiative to include cryptocurrencies in the state’s international reserves. This was stated by the first Deputy head of the NBU Serhiy Mykolaychuk in an interview with the agency “Interfax-Ukraine”.
“Consultations with the NBU on this bill was not held, and in our opinion such changes would be premature. We do not plan to include virtual assets in international reserves,” Nikolaychuk emphasized.

He explained the regulator’s position with three main arguments:

1) The high risk level of crypto-assets, which are unable to ensure the reliability of reserves.

2) Lack of a uniform legislative definition of cryptocurrencies, which makes their inclusion risky in terms of legal certainty.

3) Impact on Ukraine’s European integration, as the European Central Bank considers it unacceptable to include cryptoassets in the reserves of EU central banks.

 

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NBU: Issuing military OVDPs remains key instrument for financing budget

The National Bank of Ukraine considers the issuance of military domestic bonds (OVDPs) to be the main and most effective instrument for covering the budget deficit in wartime. This was announced by First Deputy

Head of the NBU Serhiy Nikolaychuk in an interview with the Interfax-Ukraine news agency.

According to him, high demand from banks and the population allows the Ministry of Finance to successfully place securities while maintaining macrofinancial stability. “OVDPs remain a safe and most transparent way to finance the state’s needs,” he said.

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Trump on Putin and Zelensky: I want to put end to killings

US President Donald Trump says he is closely monitoring the actions of Vladimir Putin and Ukrainian President Volodymyr Zelensky and intends to put an end to the killings in the Russian-Ukrainian war.

During a press conference in Washington on Tuesday, when asked by a reporter if there would be any consequences for Putin and Zelensky if they did not meet, the US president replied: “We’ll see what happens, we’ll see what they do. I am watching this very closely.“ ”Last week, they lost 7,317 soldiers for no reason. Both Russians and Ukrainians. I want to put an end to this,” Trump added.

As reported, on August 30, Trump confirmed the holding of trilateral negotiations on the war with Zelensky and Putin and acknowledged that the parties are not yet ready for bilateral negotiations.

On September 2, Trump said he was extremely disappointed with Vladimir Putin in the context of the Russian-Ukrainian war, despite his excellent relationship with him, and announced an aid package without specifying its size and content, emphasizing that this was not “a matter for Ukraine.”

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