In July 2025-February 2026, Ukraine retained its position as the leading supplier of sunflower oil to the European Union and provided almost 92% of the total imports of this product by the bloc’s countries, according to the specialized publication OFI Magazine, citing data from the European Commission.
According to a report by the German Union for the Promotion of Plants and Proteins (UFOP), in the first seven months of the 2025-2026 marketing year (MY, July-June), the EU-27 countries imported a total of just under 1.04 million tons of sunflower oil. Despite its leadership, the total import figure decreased compared to the same period last year, when it amounted to 1.28 million tons.
According to UFOP estimates, the annual sunflower harvest in Ukraine decreased from 13 million tons in 2024 to 10.5 million tons in 2025, as the decline in harvest led to a reduction in processing volumes and limited sunflower oil exports.
Researchers at Agrarmarkt Informations-Gesellschaft also noted significant pressure from Russian attacks on infrastructure and port facilities, which complicated oil logistics.
Market observers, in turn, noted the stabilization of sunflower oil export flows despite security risks.
Moldova (5% of the market) and Serbia (less than 2%) ranked second and third among suppliers. Moldova showed an increase in supplies, while Serbia lagged significantly behind the previous year’s level.
China’s foreign exchange reserves, the largest in the world, increased by $28.7 billion (+0.85%) in February compared to the previous month and amounted to $3.428 trillion, according to a statement by the People’s Bank of China.
The reserves reached their highest level since November 2015.
The US dollar rose 0.51% against a basket of major world currencies last month. The yuan rose 1.35% against the US currency.
Gold reserves in China rose for the sixteenth consecutive month in February, to 74.22 million ounces from 74.19 million ounces in January. In value terms, gold reserves rose to $387.59 billion from $369.58 billion at the end of January.
Last year, the forestry industry received UAH 6.9 billion in net profit, which is UAH 4.4 billion more than in 2024. This was announced by Viktor Smal, head of the State Forestry Agency, during the annual public report for 2025.
“In 2025, timber worth UAH 30.4 billion was sold, which is UAH 6.7 billion more than last year. The net profit of the industry amounted to UAH 6.9 billion, which is UAH 4.4 billion more than in 2024,” said the head of the State Forestry Agency.
Thus, the growth in profit significantly outpaced the growth in revenue.
The State Forestry Agency believes that this result was achieved thanks to the reforms and digitalization of the industry, even despite the fact that during the war there was a reduction in the areas available for management.
“Before the reform in 2020, when there were more resources and less extreme working conditions, the industry managed to earn only UAH 0.2 billion — almost 35 times less. This is the best proof that the reforms we have carried out have proven their effectiveness,” said Viktor Smal.
Also, according to him, in 2025, the profitability of forestry sector enterprises was 22.8% — 12.3% more than in the previous year, and the average salary increased by almost UAH 6,000 and currently stands at over UAH 30,000.
“Another indication of the success of the forestry sector reform was the amount of taxes paid. In 2025, UAH 16.1 billion was transferred to the budget, which is UAH 6.8 billion more than in the previous year. This is an absolute record in the history of independent Ukraine. And I am proud of this result, which was achieved through the diligent and systematic work of 24,000 employees in the industry,“ concluded the head of the State Forestry Agency.
As noted by the head of the State Enterprise ”Forests of Ukraine” Yuriy Bolokhovets, the economic results of 2025 were influenced not only by positive market conditions. There was an increase in the percentage of competitive procurement by the enterprise. For the first time, 97% of the procurement budget of the State Enterprise “Forests of Ukraine” was directed to Prozorro, resulting in savings of over UAH 700 million. Reorganization was also carried out, and administrative staff was optimized.
The team at State Enterprise “Forests of Ukraine” is constantly faced with pressure and attempts to lobby for the pre-reform opaque system of forest product sales. However, the company sells timber (except for firewood for the population and the social sector) exclusively through open auctions. Data on concluded exchange agreements for the purchase of timber is now fully open.
“The increase in forestry revenues means record growth in budget contributions, the restoration and protection of Ukrainian forests from fires, support for the Armed Forces of Ukraine, investments in infrastructure development, and technical re-equipment of forestry. Before the reform, profits were lost, but today financial flows have been de-shadowed and work in the interests of the state and the industry,” said Yuriy Bolokhovets.
In 2025, companies belonging to the Smart Holding investment group paid UAH 860 million to the state budget, which is 28.3% less than in 2024 and 4.3 times less than in 2022, according to a press release from the holding company.
“(This) became an anti-record since 2016 in terms of filling the state budget of Ukraine. Such a significant reduction was the result of forced downtime of Smart Energy gas production enterprises due to the systematic blocking of licenses since 2023,” the company explained.
The group recalled that in 2023, Smart Energy’s gas production enterprises in the Kharkiv region were initially blocked for 1.5 years due to sanctions imposed on the group’s owners, and now gas production in the Poltava region has been suspended for a year.
The release does not contain data on the volume of consolidated revenue for 2025 and its dynamics, but it is stated that “due to the reduction in operating activities, UAH 3.2 billion in planned investments in Ukrainian subsoil resources were suspended, and the mark of UAH 3.1 billion in aid to protect Ukraine in 2025 has not changed.”
Smart Holding specified that in 2022, its enterprises paid UAH 3.7 billion to the state budget, in 2023 – UAH 1.6 billion, and in 2024 – UAH 1.2 billion.
The group for the restoration of gas production once again proposes to specify the type of sanctions imposed by the NSDC decision of October 8, 2024, and recalls that a similar instrument, without lifting the sanctions against the ultimate beneficiaries, has already been used in Ukraine.
Smart Energy, part of the Smart Holding investment group, implements projects for the exploration and industrial development of hydrocarbon deposits and was one of the five largest private gas producers in Ukraine, producing a total of over 1 million cubic meters of gas per day at the start of full-scale Russian military aggression.
Before the war, the hydrocarbon reserves at Smart Energy’s gas production assets were estimated at C1+C2 categories in the amount of 22.633 billion cubic meters of gas and 3.722 million tons of condensate.
Belgian Revive Fund Management Group, which signed a memorandum with Ukrainian Financial Housing Company (PrJSC Ukrfinzhytlo) in January this year on a possible Workforce Houses project, is working on creating the necessary structure—a real estate investment trust in Luxembourg and its subfund in Ukraine, said Oleg Zhuravlev, deputy chairman of the board of Ukrfinzhytlo.
At the fourth Ukraine Resilience business forum, held last week by the Luxembourg-Ukrainian Chamber of Commerce (LUCC) in Luxembourg, he noted that Ukraine is undergoing a process of relocating industrial enterprises from the eastern part to the western part of the country, which is creating demand for this project.
“Our company is deeply involved in this, we are even creating a Workforce Houses project: when a huge enterprise with two, three, five thousand employees moves to the western part, they need to organize accommodation for these people… Investors are ready to invest in these things,” Zhuravlev said.
According to him, Revive Fund Management is interested in participating in such a project to provide housing for employees.
As reported, Ukrfinzhytlo, the operator of the state affordable mortgage program eOselya, and the European investment fund and developer Revive signed a memorandum of understanding at the end of January this year to launch an affordable housing program for middle-income households and workers in critical sectors (workforce housing).
It was noted that ReVive will draw on its 15 years of experience in implementing affordable housing projects in Western and Central and Eastern Europe. The goal of the collaboration is to create a scalable model of affordable housing for Ukrainians who work but cannot afford housing at market prices and at the same time do not fall under any of the categories of the eOselya affordable mortgage program.
“The combination of the expertise of a regulated fund manager with the practical experience of a developer creates added value for the formation of an institutional platform for affordable housing in Ukraine,” commented Nicolas Barelle, founder of Revive and chairman of the Urban Land Institute Belgium.
As part of the partnership, which also includes Emerge Impact Real Estate B.V., the parties plan to engage Ukrainian companies in the construction of energy-efficient housing in various regions of Ukraine and mobilize institutional investors to scale up the affordable housing program for employees.
In 2025, Emerge Impact supported the EBRD’s EUR100 million credit line to create an affordable housing platform in Ukraine, which involves the construction of approximately 1,800 housing units for internally displaced persons and vulnerable groups.
FUND, Revive Fund Management, UKRFINZHYTLO, Workforce Houses
Who shapes the country’s economy?
OpenDataBot analyzed the financial reporting data of Ukrainian companies for 2025 and compiled a list of the top 10 companies by revenue in each sector. Among the leaders in terms of revenue are companies in the energy sector, wholesale and retail trade, and the processing industry. Last year, the highest revenues were generated by businesses in Kyiv and the surrounding region, Dnipropetrovsk, and Lviv.
For the second year in a row, the energy sector leads in terms of revenue, with 1.04 trillion hryvnia. This is 23% of the total revenue of companies in the Index. Wholesale trade came in second with revenues of over UAH 697 billion (15%). Retail trade generated almost as much — over UAH 647 billion, or 14%.
The top five most profitable industries also include manufacturing, with revenues of over UAH 477 billion (11%), and mining, with over UAH 341 billion, or 8%.
Which businesses topped the list this year?
The ranking has also undergone significant changes over the year. Compared to the previous year, 44 companies dropped out of the Index and were replaced by new participants.
Among the representatives of the energy sector, the leaders were D.Trading (UAH 292.4 billion), Energoatom (UAH 254.7 billion), and gas supplier Naftogaz Trading (UAH 130.3 billion).
The leaders in retail trade in 2025 were ATB (UAH 247.3 billion), Silpo (UAH 106 billion), and Aurora (UAH 49.2 billion).
At the same time, the leaders in wholesale trade are DL Solutions (UAH 114.1 billion), Donpromtrans (UAH 98.1 billion), and OKKO-Express (UAH 85.2 billion).
The top Ukrainian banks were Privat (UAH 122.6 billion), Oschadbank (UAH 41.7 billion) and Universal Bank, which operates monobank — UAH 27.2 billion.
In the agricultural sector, the top two positions were taken by two companies of the MHP group: Vinnytsia and Myronivska poultry farms with revenues of UAH 54.2 billion and UAH 27.3 billion, respectively. The top three is rounded out by Lebedyn Seed Plant (UAH 17.4 billion).
In the transport and postal services category, the leaders are Ukrzaliznytsia (UAH 89 billion), Nova Poshta (UAH 54.2 billion), and Gas Transmission System Operator of Ukraine (UAH 28 billion).
In the hospitality sector — restaurants and hotels — the winners were McDonald’s (UAH 21.3 billion), Briscola (UAH 2.9 billion), and KFC (UAH 1.3 billion).
In the extractive industry, the leaders are Ukrnafta (UAH 99.4 billion), Ukrgazvydobuvannya (UAH 83.6 billion), and DTEK Pavlogradvuhillya (UAH 36.2 billion).
The top of the processing industry is led by Kernel-Trade — 105.9 billion in revenue last year, Zaporizhstal (72 billion UAH), and ArcelorMittal Kryvyi Rih (70.6 billion UAH).
The situation in IT remains unchanged: in the top positions are GlobalLogic Ukraine (UAH 10.9 billion) and two companies of the Epam brand, which surpassed the leader in terms of total revenue: Epam Systems (UAH 10.2 billion) and Epam Digital (UAH 9.2 billion).
In the automotive trade, the top three spots were shared by Toyota Ukraine (UAH 24.6 billion), Winner (UAH 16.9 billion), and Porsche Ukraine (UAH 15.6 billion).
In the telecommunications sector, the leadership is shared between Kyivstar (UAH 43.8 billion), Vodafone (UAH 25.8 billion), and lifecell (UAH 15.9 billion).
Among representatives of the TV+Radio+Books category, the leaders are Kyivstar TV (UAH 1.6 billion), STB (UAH 1.4 billion) and Multiplex (UAH 1.2 billion).
In the healthcare sector, the leaders are Dobrobut (UAH 4.2 billion), Dila (UAH 3.6 billion), and Sinevo Ukraine (UAH 3.3 billion).
In the leisure category — sports and entertainment — the leaders are FC Dynamo Kyiv (UAH 1.8 billion), Sport Life Kyiv (UAH 605.7 million), and a newcomer to the Index — Mavka Water Park in Bukovel (UAH 407.8 million).
You can see the rest of the leaders of Ukrainian business on the Open Data Bot Index 2026 page.
Methodology
The Open Data Bot Index is an analytical tool that allows you to assess the real situation and geography of Ukrainian business. The index is based on data from state registries, Open Data Bot registries, companies’ financial reports, information about ties with the Russian Federation, sanctions lists, and other Open Data Bot analytical tools.
The OpenDataBot Index 2026 takes into account both financial indicators (annual financial reports of companies for 2025) and the business reputation of companies.
The list does not include companies under sanctions, businesses with owners or ultimate beneficiaries from the Russian Federation, as well as enterprises whose ownership structure directly includes persons under sanctions. In addition, companies that appear on the “black list” of the Antimonopoly Committee of Ukraine were excluded from the list. This approach made it possible to compile a list of companies that meet not only economic but also ethical and legal standards of business conduct.
The Index also has special marks for certain categories of companies. In particular, businesses associated with public figures — deputies or politicians who are required to declare their income — are marked. Diy City resident companies, as well as companies undergoing reorganization, are highlighted separately. Companies that did not submit their financial statements on time may also have been excluded from the list.
