Business news from Ukraine

Business news from Ukraine

Which foreigners lead way in buying property in Spain – analysis

In Spain, foreign property buyers have slowed down a bit, but they’re still the main drivers of the market – especially folks from the UK, Germany, and the Netherlands.

According to the Spanish property registry, foreigners purchased nearly 23,700 residential properties in the third quarter of 2025, which is 4% less than in the same period in 2024. The share of transactions involving non-residents fell to 13.6% from 14.9% a year earlier, but is still about 36% higher than the average for the last ten years.

Who is buying: top nations in the Spanish housing market

In the third quarter of 2025, the largest groups of foreign buyers were:

  • United Kingdom – 1,871 purchases per quarter, about 8% of all foreign transactions. British demand fell by about 11% year-on-year, but they still hold first place.
  • Germany – 1,539 transactions (-3% compared to last year), second place.
  • The Netherlands – 1,416 purchases, 14% more than a year earlier. Dutch demand became the “star” of the quarter, showing the fastest growth among the major markets.

Among other important buyers in the third quarter, moderate growth was recorded from Romania and Morocco, while demand from France, Italy, Belgium, and Poland declined slightly. Interest from buyers in the US and Morocco remained close to last year’s level. Demand from the Russian Federation and China fell significantly, by approximately 34% and 23%, respectively.

The full picture for 2024

According to the summary data for 2024, foreigners bought about 93,000 residential properties in Spain, accounting for about 14.6% of all transactions on the market. This is one of the highest figures in the history of observations.

According to the results for 2024, the main national groups are as follows:

  • British – almost 8,000 purchases, the largest group of foreigners.
  • Germans – over 6,100 transactions.
  • Moroccans – about 5,200 properties, one of the most dynamic groups.
  • The Dutch – approximately 4,900 purchases, with stable growth in interest.
  • Romanians and Italians – approximately 4,700 transactions each.
  • The French – slightly less than 5,000 purchases, with a slight downward trend.
  • Poles – over 4,200 transactions, a sharp increase over the last two years.
  • Chinese – about 3,000 purchases.
  • Ukrainians – almost 2,900 purchases, a significant increase compared to the pre-war period.
  • Russians – approximately 2,270 transactions, with a clear downward trend.
  • Americans – over 1,500 properties, but with a slight decrease in activity.

Thus, the top ten in terms of purchase volume is primarily made up of Europeans – British, Germans, Moroccans, Dutch, Romanians, Italians, French, and Poles, supplemented by buyers from China and Ukraine.

Regions that attract foreigners

The most popular regions among foreign buyers remain the Mediterranean coast and islands: the Valencian Community, Andalusia, Catalonia, the Balearic Islands, and the Canary Islands. They account for the vast majority of foreign purchases, and in some provinces, such as Alicante and Malaga, the share of foreigners in the total volume of transactions reaches 30-40%.

What does the correction in demand mean?

Experts view the slight decline in the number of transactions in the third quarter of 2025 as a technical correction after a record-breaking 2024 rather than a reversal of the trend.

The share of foreigners remains significantly higher than the pre-crisis average, and Spain continues to attract buyers with its combination of climate, relatively affordable prices, and developed infrastructure.

At the same time, the structure of demand is gradually changing: the positions of the British and Germans remain strong, but buyers from the Netherlands, Central and Eastern Europe, and North Africa are playing an increasingly prominent role. For the local market, this means that the high proportion of foreign buyers will remain, but with greater diversity in terms of nationalities and sources of capital.

Source: https://open4business.com.ua/hto-z-inozemcziv-lidyruye-z-pokupky-zhytla-v-ispaniyi-analiz/

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PrivatBank has put up for auction lease of Dnipro Arena stadium and training base

PrivatBank has put up for auction on the Prozorro.Prozori electronic trading system the right to lease a sports infrastructure complex, which includes the Dnipro Arena stadium and a football training base with an indoor field.

According to the information in the system, the starting rent is UAH 2,698,700 per month (including VAT), the deadline for submitting bids is January 27, 2026, and the auction itself is scheduled for January 28, 2026.

It is also noted that the lease is offered for a term of one year with automatic renewal, the minimum price increase is set at 1%, and the security deposit is UAH 1,619,200.

According to the bank, the transfer of property for lease is carried out within the framework of the Strategy and Operational Plan for the Management of Problem Assets approved by the Supervisory Board, and the proceeds from the lease will be used to increase the bank’s financial results and, accordingly, the amount of taxes and dividends paid to the state budget.

Dnipro Arena is a European-class football stadium in Dnipro, renovated and opened in 2008, with a capacity of 31,003 seats. The football arena has a 105×68 m field, changing rooms, warm-up rooms, a gym, coaching rooms, rooms for media representatives, referees, a 296-seat VIP box, a 550-seat restaurant, and parking lots for athletes, staff, and spectators. The football field has a heating system, automatic irrigation, and artificial lighting for evening matches.

The training base is located in a forest park area in the Prydniprovsk district of Dnipro. Built in 1971, it was renovated in 2010. The training base includes three artificial and four grass fields, an indoor football field with artificial turf and stands for 506 seats, a cottage town for footballers to live in, and two office and residential buildings, including a medical and rehabilitation center, a conference room, rooms for coaching staff meetings, a swimming pool, a gym, a sauna, and showers.

As reported, the auction for the sale of the Dnipro Arena stadium and the former training base of the Dnipro football club, scheduled for October 30, 2025, did not take place due to a lack of bids. The initial cost of the lot was UAH 150 million, the guarantee deposit was 5% of the starting price (UAH 7.5 million), and bids were accepted from September 30 to October 29, 2025.

PrivatBank is Ukraine’s largest state-owned bank. According to the National Bank, PrivatBank’s total assets reached UAH 842.3 billion as of November 1, 2025.

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Cabinet of Ministers of Ukraine has extended restrictions on export of timber and scrap metal for 12 months

The Cabinet of Ministers has decided to extend restrictions on the export of timber and scrap metal until the end of 2026, Prime Minister Yulia Svyrydenko announced.

“The decision provides for a licensing regime with zero quotas for the export of unprocessed wood, fuel wood, as well as ferrous metal and copper scrap. This allows Ukraine to preserve strategic raw materials and direct them to domestic processing needs,” Svyrydenko wrote on Telegram following Wednesday’s government meeting.

According to her, scrap metal is a critically important raw material for the Ukrainian metallurgical and foundry industries.

“Despite the export duty, scrap exports have been growing, often in transit to third countries without creating added value for Ukraine. Domestic processing, on the contrary, provides jobs, tax revenues, and products necessary for defense and recovery. Also, the use of scrap in metallurgical production reduces CO2 emissions, which is important given the EU requirements,” the prime minister added.

As for timber, she said the government had extended some of the restrictions introduced at the end of October.

During the full-scale war, logging volumes have significantly decreased due to hostilities. At the same time, woodworking enterprises are facing a shortage of raw materials and are forced to idle, while for many rural communities, firewood remains a key resource for heating in winter,” she wrote.

Svyrydenko noted that the extension of restrictions on raw material exports supports Ukrainian production, reduces pressure on the environment, and strengthens the energy security of communities.

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Ukrainians did not make it into top 10 in terms of number of residence permits in Turkey

Ukrainians are not among the ten largest groups of foreigners with valid residence permits (RP) in Turkey as of December 25, 2025, according to the latest statistics from the country’s migration service.

According to the agency’s data, as of that date, there were a total of 1,137,023 foreigners residing in Turkey on the basis of a residence permit.

Citizens of Turkmenistan (166,292) and Azerbaijan (90,942) lead the way, followed by citizens of Syria (77,709) and Iran (73,534). Russians rank fifth in this rating (72,548 thousand), which means they have lost their leading position amid the growth of other countries’ share.

In terms of types of residence permits, the migration service indicates that as of December 25, 2025, short-term residence permits amounted to 419,759 thousand, student permits – 216,564 thousand, family permits – 166,539 thousand, and other categories – 333,969 thousand.

The primary source of this data is the current statistics section of the Turkish Migration Service (Göç İdaresi Başkanlığı) with an update date of 12/25/2025.

Source: http://relocation.com.ua/ukrainians-did-not-make-it-into-the-top-10-in-turkey-in-terms-of-the-number-of-residence-permits/

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Fixygen: worst crypto startups and anti-cases of 2025 — where market punished hardest

If 2024 was the year of “survival,” then 2025 became the year of “punishment for weak security and tokenomics.” According to Chainalysis estimates, more than $3.4 billion was stolen in 2025, with one incident — the Bybit compromise in February — accounting for about $1.5 billion. Industry security reviews also recorded losses of “more than $4 billion” for the year and an increase in the share of incidents due to operational failures.

1) Altcoins with failed TGEs: “token graveyard”

At the end of the year, estimates emerged that about 85% of tokens launched in 2025 are trading below their initial prices — meaning that most launches failed to maintain demand and liquidity.

2) Memecoin scandals: the $LIBRA case in Argentina

A high-profile counterexample is the story of $LIBRA: after a public mention by the president of Argentina, the token skyrocketed and then collapsed, leading to investigations and allegations of fraud.

3) Closure of NFT platforms as a signal that “the market has not returned”

NFT infrastructure continued to shrink. X2Y2 announced the closure of its marketplace in the spring of 2025. LG closed Art Lab, an NFT platform for TV, in the summer of 2025, directly citing a change in focus due to the market.

4) Social engineering and hacks instead of “pure” DeFi exploits: the Venus case

A notable episode of the year was attacks through the human factor. In the Venus Protocol case, attackers used Zoom compromise/social engineering to gain control over user actions and put approximately $13 million at risk.

5) Centralized services as “points of failure”

Even with the growing maturity of DeFi, the biggest losses are increasingly occurring in centralized services due to the compromise of keys and transaction signing processes — and this concentrates risk in single events.

Fixygen’s main conclusion

In 2025, the “worst” were not those with less marketing, but those with:

1) weak operational security and access control,

2) toxic tokenomics and inflated issuance,

3) a product with no real utility (especially in NFT/GameFi),

4) a focus on short-term pumping instead of infrastructure and partnerships.

Source: https://www.fixygen.ua/news/20260101/fixygen-naygirshi-kripto-startapi-ta-anti-keysi-2025-roku-de-rinok-pokarav-nayzhorstkishe.html

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Construction industry in Ukraine grew by 15.5% in first nine months of 2025, reaching UAH 164.6 bln

The volume of construction work performed in Ukraine in January-September 2025 increased by 15.5% compared to the same period in 2024, reaching UAH 164.55 billion, according to data from the State Statistics Service. The most dynamic segment remains non-residential construction, with growth of 34.2% y/y, while residential construction increased by 11% y/y and engineering structures by 7.5% y/y.

In monetary terms, in January-September, UAH 74.86 billion was spent on the construction of buildings (including UAH 22.84 billion on residential buildings and UAH 52 billion on non-residential buildings), and UAH 89.69 billion on engineering structures. New construction accounted for 42.6%, repairs for 31%, and reconstruction and technical re-equipment for 26.4%.

According to the State Statistics Service, the construction output index for January-October 2025 was 112.3% compared to the same period last year.

Earlier, according to the statistics agency, in January-August 2025, the volume of completed construction work increased by 19.5% y/y to UAH 140.2 billion, while the construction output index was 113.1% compared to the corresponding period of 2024.

In 2024, the volume of construction work performed in Ukraine increased by 15.5% y/y to UAH 204.7 billion.