The Food from Ukraine platform symbolizes the expansion of Ukraine’s initiative from a focus on grain alone to finished products, as well as the transfer of technological knowledge, said Minister of Economy, Environment, and Agriculture Oleksiy Sobolev at the opening of the IV International Food Security Summit “Food from Ukraine” in Kyiv on Wednesday.
Sobolev noted that Ukraine had already exported 5.8 million tons of wheat in the 2025-2026 marketing year.
“This is not just a figure, it is an indicator of the resilience of our agricultural sector, which continues to operate despite the destroyed infrastructure, constant logistical challenges, drone attacks, and daily risks,” the minister emphasized.
He cited USDA forecast data, according to which wheat exports from Ukraine will amount to 15 million tons by the end of the season, or approximately 7% of global trade in this product.
“This confirms that Ukraine continues, despite everything, to be a reliable partner for the global food market. (…) However, the issue of food security remains relevant and will only intensify. Ukrainian farmers provide food to hundreds of millions of people in different regions of the world, from North Africa to Asia. Our country remains a guarantor of global food security, ensuring the stability of supplies of grains, oilseeds, and livestock products,” Sobolev noted.
As the minister noted, Ukraine understands that demand for food will grow most rapidly. In the coming decades, Sub-Saharan Africa, which currently imports more than two-thirds of its food needs, will account for almost 14% of the increase. The average productivity of farms on this continent is only 40% of their potential, grain losses are up to 20%, and the density of mechanization is only 2-4 tractors per 100 square kilometers, which is dozens of times lower than in Europe.
At the same time, he noted the strong response to these challenges from African countries, which are investing in irrigation, mechanization, the creation of agro-industrial zones, the localization of equipment production, infrastructure development, storage, and processing. According to Sobolev, this is not just modernization, but a strategic course towards self-sufficiency.
That is why, according to the Minister of Economy, one of the strategically correct decisions for Ukraine is to transform the Ukrainian President’s Grain from Ukraine initiative into Food from Ukraine.
“The Food from Ukraine platform will form a new approach to global food policy, combining long-term financing of humanitarian programs with the creation of stable and secure logistics routes, the development of processing and production of products with high added value, the attraction of investments, the technological modernization of the agricultural sector, expanding cooperation with countries in Asia, Africa, Latin America, and island states, as well as establishing partnerships between the government, business, and international organizations to create a sustainable, predictable, and innovative global food system,” Sobolev emphasized.
The minister announced that Ukraine will begin creating a network of regional food hubs as part of this initiative. He showed a video presentation of the first project of such a logistics and processing hub, which is planned to be built in Ghana. Its basic infrastructure will be the storage, processing, and distribution of Ukrainian agricultural products, as well as the localization of modern technologies in West Africa.
Sobolev emphasized that Ukraine and Ghana signed a memorandum of cooperation in Kyiv on Wednesday, laying the foundation for long-term partnership and practical development of the initiative and creation of Food for Ukraine.
“Ukraine is ceasing to be a political donor of food. We are becoming part of the architecture of a new model of global food sustainability, a country that not only helps feed the world today, but also creates mechanisms for innovative production tomorrow,” the Minister of Economy concluded.
Metinvest B.V. (Netherlands), the parent company of an international vertically integrated mining and metallurgical group of companies, has paid another coupon on its 2029 Eurobonds and continues to fulfill its debt obligations, including to Eurobond holders, despite the war in Ukraine.
“We can confirm that the coupon was paid on time,” Andriy Burlakov, head of the Metinvest Group’s press service, told Interfax-Ukraine in response to a request.
The coupon payment date for Eurobonds-2029 is November 17.
“The coupon payment dates are May 17 and November 17,” according to the information on the 2029 bonds.
The coupon rate is 7.750% per annum.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions – as well as in the European Union, the United Kingdom, and the United States.
The main shareholders of the holding company are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.
Metinvest paid the coupon on Eurobonds-2029 despite the war
Thanks to the implementation of the State Strategy for Combating Antibiotic Resistance, Ukraine has reduced its consumption of reserve antibiotics by 2-2.5 times since 2022.
According to the Ministry of Health, in particular, the consumption of broad-spectrum antibiotics ceftriaxone has been reduced by half, and levofloxacin by 2.5 times.
“The reduction in the consumption of reserve antibiotics indicates that doctors prefer other, less potent first-line antibiotics whenever possible. This allows important drugs to be saved for cases where other antibiotics are ineffective,” explains the Ministry of Health.
In addition, the Ministry of Health notes an increase in the consumption of oral forms of antibiotics. In particular, in 2024, only 8% of all antibiotic prescriptions were in the form of injections.
The Ministry of Health emphasizes that, according to WHO data, as of 2023, almost one in six confirmed bacterial infections worldwide are already resistant to standard treatment, and in 2019, nearly 5 million deaths worldwide were linked to antibiotic resistance.
“Antibiotics are critically important medicines. If you take them just in case or not as prescribed, they lose their potency because bacteria easily become resistant to them. Their resistance is our vulnerability. Among the main causes of antibiotic resistance are the excessive use of antibiotics and non-compliance with the course of treatment prescribed by a doctor,” the Ministry of Health notes.
Reserve antibiotics are drugs that are prescribed in extreme cases to treat severe bacterial infections when first-line (“access group”) and second-line (“observation group”) antibiotics have proven ineffective. They are used only when there is an immediate threat to life, in order to avoid losing their effectiveness due to resistance.
In Ukraine, oil flax remains a niche crop, but its gross harvest in the 2025-2026 marketing year (MY) will amount to 66 thousand tons, which is the highest result since the 2017/18 MY, according to the information and analytical publication UkrAgroConsult.
“Production is subject to fluctuations influenced by market factors and weather conditions. Since 2020, there has been a steady expansion of acreage. Growth is driven by demand from the EU, the main importer of flax. (…) The combination of expanded acreage and improved yields has been decisive. In the 2024/25 MY, there has been a partial recovery in yields, which are still below the crop’s potential,” analysts explained.
Experts noted that exports remain a key driver of the market — more than 80% of the Ukrainian flax harvest in 2024/25 MY is sent abroad. During the years of war, this share has more than doubled.
The main destination for flax sales is the EU (Italy, Poland, and Belgium are the top importers). After the start of the full-scale war, EU countries significantly reduced their purchases of Russian flax, reorienting themselves to alternative suppliers from Ukraine, Kazakhstan, and Canada.
At the same time, after peaking in 2023/24 MY (over 70 thousand tons), shipments from Ukraine decreased by approximately 24% in 2024/25 MY.
“The Ukrainian oil flax market is entering a phase of stable recovery. The crop is gradually regaining its position in the crop structure, forming a new niche for small and medium-sized agricultural producers. With support for exports and the development of processing, flax has the potential to establish itself as a promising alternative crop for the northern regions of the country, which are increasingly facing weather risks,” UkrAgroConsult concluded.
Austrian artist Gustav Klimt’s “Portrait of Elisabeth Lederer” was sold at a Sotheby’s auction in New York for $236.4 million, according to Bloomberg.
The portrait, painted between 1914 and 1916 and completed two years before the artist’s death, became the most expensive work of modern art and the second most expensive painting ever sold at auction. The buyer’s name has not been disclosed.
Elisabeth Lederer is the daughter of Austrian businessman August Lederer. During the occupation of Austria, she pretended to be Klimt’s daughter to hide her Jewish origins. The Nazis stole the portrait from her family, but in 1948 the painting was returned, after which it was sold to art dealer Serge Sabarsky in 1983. In 1985, the painting was purchased by Leonard Lauder, son of the founders of the Estee Lauder brand, who remained the owner of the painting until his death at the age of 92 in June this year.
Another 23 lots from the Lauder collection were sold at auction, including a drawing by Vincent van Gogh and a bronze statuette by Henri Matisse, for a total of $527.5 million.
In October 2025, the Alliance Novobud development company continued active construction work on the Montreal House project in Kyiv and the Krona Park II and Lesovy Kvartal residential complexes in Brovary (Kyiv region), according to a report on construction progress on the company’s website.
According to the information, in the capital’s Montreal House project (102 Bolshaya Vasylkivska Street/83 Antonovycha Street), plastering work and the installation of cement screed on standard floors and in common areas, as well as facade insulation, continued in blocks 1 and 2 in October. In block 3, electrical cables were laid along the risers of “cold passages” and stairwells. In block 4, the installation of translucent aluminum structures continued (65% complete) and cables were laid along the risers and stairwells.
At the Montreal House parking lot, the waterproofing of the upper slab in the inner courtyard area has been completed, the installation of storm sewer pipes is continuing, and the waterproofing of the stylobate slab on the side of Bolshaya Vasilkovskaya Street has begun. The tower crane has also been dismantled to carry out the next set of works, and a metal frame for the entrance canopy on the side of Antonovycha Street has been installed.
At the Krona Park II residential complex (Brovary, Vasyl Simonenko Street, 32), the insulation of the basement walls was completed in October in building 5, backfilling of the foundation cavities continues, roofing work and installation of PVC windows are underway (windows have been installed from the 2nd to the 10th floors, with work continuing on the 11th and 12th floors). In building 8, the installation of internal water supply and heating engineering networks has begun, the installation of internal power supply and lighting networks is continuing, connection to external heat and water supply networks is being carried out, as well as facade work: section No. 1 is 95% complete, section No. 2 is 75% complete, and section 3 is 45% complete.
In building 9 of Krona Park II, the finishing touches are being made to the common areas and the landscaping of the surrounding area, commissioning work is underway, and the preparation of the documentation package for the completion certificate has begun. In building 10, finishing work has begun in common areas and apartments, and the installation of internal plumbing, electrical, and lighting networks is continuing. In building 12, roofing work has been completed in sections 1 and 2, and the installation of PVC windows is continuing (installed up to the 9th floor of section 1, work is underway on the 10th and 11th floors). In buildings 14 and 16, the pile field has been completed, with 100% of the bored piles installed.
At the Lesovy Kvartal site, building No. 16 (Brovary, V. Chornovola Street), vertical monolithic structures were erected in sections 2.2, 2.1, and 1 in October, and work began on the construction of brick walls.
The company specifies that work on the sites in Kyiv and Brovary is at different stages – from the pile field and monolith to the finishing touches and preparation for commissioning, while the developer is keeping to the schedule and continuing to move the projects towards completion in stages.
Alliance Novobud is a development company that has been operating in the residential real estate market of Kyiv and the Kyiv region for over 18 years. The developer specializes in comfort+ and business-class projects, with key projects including Montreal House and Illinsky House in Kyiv, as well as Krona Park II, Lesovy Kvartal, Zeleny Kvartal, Madison Gardens, and Lavandovy in Brovary.
According to industry ratings, Alliance Novobud was among the top 20 largest developers in Kyiv and the region in terms of the number of apartments completed in 2024 (481 apartments in five buildings, with a market share of about 2.2%). The company is a winner of the UKRAINIAN SPECIAL BUILDING AWARDS IBUILD and Business of the Year professional awards, and was named “Developer of the Year” and “Residential Complex of the Year” for the Montreal House and Krona Park II projects.
Alliance Novobud, Forest Quarter, Krona Park II, Montreal House
