Business news from Ukraine

Business news from Ukraine

Ukraine’s GDP grew by 0.8% in second quarter of 2025

Ukraine’s real gross domestic product (GDP) grew by 0.8% in the second quarter of 2025 compared to the second quarter of 2024, while in the first quarter of this year the same indicator was 0.9%, according to the State Statistics Service.

According to its data, compared to the previous quarter, taking into account seasonal factors, real GDP increased by 0.2%.

As reported, in July, the NBU once again lowered its expectations for Ukraine’s economic growth this year to 2.1% from 3.1% in its April macroeconomic forecast, while the Ministry of Economy and the government maintain their forecast of 2.7%.

The National Bank of Ukraine estimated real GDP growth in the second quarter of 2025 at 1.1% compared to the same period last year, while previously forecasting it at 1.6%. According to its updated forecast, real GDP growth in the third quarter of this year has been revised down to 2.4% from 3.5%, and in the fourth quarter to 3.5% from 5.9%.

According to the State Statistics Service, Ukraine’s GDP growth slowed to 2.9% in 2024 from 5.5% in 2023, following a 28.8% decline in 2022, the first year of full-scale Russian aggression. In the fourth quarter of last year, GDP fell by 0.1% after growing by 2.2% in the third quarter, 4.0% in the second quarter, and 6.8% in the first quarter.

The NBU forecasts GDP growth of 2.3% for next year, while the government forecasts 2.4%.

Earlier, Experts Club analyzed the state of the economy in Ukraine and leading world countries. For more details, see the video at https://www.youtube.com/watch?v=kQsH3lUvMKo&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Tomorrow in Kyiv, temperatures will reach 27°C

On September 22, Ukraine is expected to have no precipitation, with fog in some parts of the Carpathian region at night and in the morning, according to the Ukrainian Hydrometeorological Center.
The wind will be predominantly southwesterly, 5-10 m/s.
The temperature at night will be 10-15°, and during the day 22-27°.
There will be no precipitation in Kyiv on September 22. The wind will be mainly southwesterly, 5-10 m/s.
The temperature at night will be 13-15°, and during the day 25-27°.
According to data from the Boris Sreznevsky Central Geophysical Observatory, the highest daytime temperature in Kyiv on September 22 was 29.0° in 2017, and the lowest nighttime temperature was -2.0° in 1881.
On September 23, there will also be no precipitation in Ukraine. At night and in the morning, there will be fog in some parts of the Carpathian region.
The wind will be southwesterly, shifting to northwesterly in the western regions, 5-10 m/s.
The temperature at night will be 10-15°; during the day, 22-27°, and in the northwest of the country, 19-24°.
In Kyiv on Monday, September 23, there will be no precipitation. The wind will be southwesterly, 5-10 m/s.
The temperature at night will be 13-15°; during the day, 23-25°.

 

Almost 8,000 Ukrainian companies changed their region of registration in 2025

Almost 8,000 Ukrainian companies changed their region of registration in 2025, according to data from OpenDataBot analysts. In the first eight months of this year, 8,345 business relocations were recorded within the country, which is comparable to last year and 10% less than in 2021.

The main sectors of relocation are:

  • wholesale trade – 31.5%;
  • construction – 6%;
  • agriculture – 5.1%;
  • real estate – 5.1%;
  • retail trade – 4.2%.

Geography:

  • the largest donor of businesses is Kyiv (2,909 companies, 36% of the total);
  • followed by Dnipropetrovsk (824), Kyiv (770), Odesa (507), and Lviv (451) regions.
  • The largest net increase was recorded in Kharkiv (+374), Zaporizhzhia (+276), Lviv (+161), Zakarpattia (+83), and Kyiv (+77) regions.
  • Popular routes: Kyiv-Kyiv region (494 companies), Kyiv-Dnipropetrovsk (379), Kyiv-Kharkiv (358).

Experts note that in the context of the war, businesses continue to adapt by choosing regions with more stable logistics and lower risks.

Source: http://relocation.com.ua/mayzhe-8-tys-ukrainskykh-kompaniy-u-2025-rotsi-zminyly-rehion-reiestratsii/

Ukrainians mostly neutral towards Bangladesh — survey

The vast majority of Ukrainians do not have a clearly formed attitude towards Bangladesh. This is evidenced by the results of a sociological survey conducted by Active Group in cooperation with the Experts Club analytical center.

According to the data, 72.3% of respondents chose the “neutral attitude” option. 9.7% of respondents expressed a positive opinion (2.7% — completely positive, 7.0% — mostly positive). A negative attitude was declared by 7.7% of Ukrainians (1.0% — completely negative, 6.7% — mostly negative). At the same time, 10.3% responded that they did not have sufficient information about this country.

“For most Ukrainians, Bangladesh remains a relatively distant country about which there is a lack of information. This explains the high level of neutral responses,” said Alexander Pozniy, head of Active Group.

At the same time, Experts Club co-founder Maksim Urakin emphasized the importance of economic relations.

“According to the results of the first eight months of 2025, Ukraine’s trade turnover with Bangladesh amounted to $226.9 million. Exports from Ukraine reached $127.9 million, while imports amounted to $99.1 million. The positive balance of $28.8 million indicates balance and potential for expanding bilateral trade.”

Thus, despite Ukrainians’ lack of awareness about Bangladesh, economic cooperation is developing dynamically, creating the conditions for strengthening mutual interest.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Louis Dreyfus Group’s net revenue for first half of 2025 exceeded $26 bln

Louis Dreyfus Company B.V. (LDC), one of the world’s largest traders and processors of agricultural products, reported its consolidated financial results for the first half of 2025, the company said.

According to the report, the group’s net revenue amounted to $26.2 billion (compared to $25.6 billion a year earlier), EBITDA was $987 million ($1.057 billion in 2024), and segment operating profit was $1.217 billion ($1.284 billion in 2024) . Net profit attributable to the group’s shareholders amounted to $418 million, compared to $489 million a year earlier.

The company emphasized that, despite geopolitical, regulatory, and climate challenges, it managed to increase sales by 4.4% year-on-year, maintain positive investment momentum, and expand its asset network.

During the reporting period:

in North America, construction of new oil and fat plants in Canada and the US continued;

in South America, grain and oilseed capacities were increased in Argentina, a coffee factory in Brazil was expanded, and a new terminal for sugar exports was commissioned;

In Asia, processing facilities were commissioned in Indonesia and China, including a food technology park in Dongjiao.

The retail product range was expanded, including entry into the European and Asian markets with Montebelo Brasil juices.

LDC CEO Michael Gelchi noted: “Thanks to the flexibility and dedication of our teams, despite market volatility, we have maintained strong results and continued the strategic transformation of the company into a more integrated, innovative, and sustainable business.”

Louis Dreyfus Company, founded in 1851, is a global trading and processing company active in more than 100 countries, with a network of approximately 19,000 employees. In Ukraine, LDC operates through subsidiaries, engaging in the procurement, storage, processing, and export of grains and oilseeds, as well as investments in infrastructure (elevators, terminals). The company is one of the largest agricultural traders in the country.

 

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CHINA’S GLOBAL GOVERNANCE INITIATIVE WILL HAVE SIGNIFICANT ECONOMIC IMPACT – AMBASSADOR

China’s Global Governance Initiative will have a significant economic impact, believes the Ambassador of the PRC to Ukraine, Ma Shenkun.

“It creates new opportunities for the development of trade, investment, and technological exchange, and it can also help the recovery of the world economy after crisis phenomena,” the diplomat noted in a blog.

He pointed out that the Chinese approach envisions “openness, inclusiveness, and mutually beneficial cooperation.”

Ma Shenkun has been serving as the Ambassador Extraordinary and Plenipotentiary of the PRC to Ukraine since 2023.
A career diplomat, he previously held senior positions in the Ministry of Foreign Affairs of China, worked in PRC missions in European countries, and participated in multilateral negotiations in the field of economic and security cooperation.

Source: Author’s column by the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Ukraine Ma Shenkun on the website of the information agency “Interfax-Ukraine”.

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